Tuesday, May 12, 2026
32 C
Lagos

Nairaxi Emerges Winner in NCC’s Young Innovators Competition

 

A mobile ridesharing mobile app that enables users to request taxi and bus rides tagged, Nairaxi has emerged over all winner at the young innovators’ competition organized by the Nigerian Communications Commission, which held at the Digital Bridge Institute, Oshodi, Lagos recently.

The company, which took the coveted prize with value of N2 Million, made up of Kingsley Eze, Co-Founder/Chief Executive Officer and Elizabeth Omale, Co-Founder and Chief Financial Officer, presented an app, which will enhance rideshare and safe delivery of packages to an audience made up of top officials of the Commission, led by the Director of Research and Development, Mr. Ismaila Adedigba who represented the Executive Vice Chairman of the Commission, Prof. Umar Garba Danbatta.

Floews, which comprised established by Bashir Abubakar as Founder and Chief Executive Officer, came second with a prize of N1.5 million while Thronix Lab, comprising three young tech-savvy Nigerians, clinched the 3rd position with a prize of N1 million,. All the contestants were adjudged on the criteria of originality, innovativeness, simplicity of usage and commercialization potential of their IT products, among others.

Floews developed novel and deep-tech all-round solution that monitors and forecasts flood imminence and thereby, disseminate the forecast as an early-warning intelligence, while Thronix Lab developed Proxie, an Internet of Thing (IoT)-enabled smart socket and Wi-Fi hotspot range extender which enables users to switch on/off their appliances connected to it remotely through their phones.

Prof Mohammed Ajiya, President, who chaired the panel of judges for the competition, commended the Commission for providing the opportunity for young Nigerians to achieve their dreams of leveraging digital solutions to address local challenges in Nigeria.

Speaking on behalf of the EVC, the Director R&D, Adedigba, commended all the 15 contestants that participated, and the panel of judges for the “commendable diligence, through and painstaking evaluation carried out by his team of independent judges, leading to the emergence of the three winners”.

He assured of the Commission’s commitment to continue to drive the Federal Government agenda of promoting indigenous ICT solutions development towards strengthening the Nigeria’s digital ecosystem.

“It is important to note that this competition is not the end, but rather the beginning of our collective journey towards bridging the digital divide in Nigeria. We must continue to support and invest in local, indigenous digital solutions to ensure that all citizens have access to the technology and opportunities they need to thrive in today’s digital age,” Danbatta said.

Ten innovators from the 15 proceeded to the Pitching Stage, for having developed the best technology solutions, amenable to commercialisation and capable of solving identified challenges both locally and beyond in a move to bridge the country’s existing digital divide.

The 15 contestants at the event are Curnance PTY, Floews, Lalita by 02 Innovations Lab, Brilliant ESystems, Afrits Innovation, CitiFlow, Natal Cares, Nairaxi, Rate AM, Fixbot Technologies, Betalife, Cyber Plural, TronixLab, Ntapi Inc., and Bycep by Bedoun.

spot_img
spot_img
spot_img

Hot this week

Pleias, GSMA Launch ‘CommonLingua’, Open Source Language Identification Model Supporting 61 African Languages

Pleias and the GSMA have announced the release of CommonLingua,...

Unity Bank Disburses Over N500m Through SHOCOF to Support Traders

As part of efforts to promote SMEs and strengthen...

CBN Engages Sub-national Govts, Reaffirms Commitment to Inflation Targeting

The Central Bank of Nigeria (CBN) has emphasised the...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

Stanbic IBTC Reinforces Leadership in Trade Finance at GTR West Africa 2026

L–R: Seun Ogundolapo, Head, Trade, Transaction Banking, Stanbic IBTC...

Topics

Securing Healthcare Industry: Prevention is Better Than Cure

By Rick Rogers, Area Manager for East and West...

Tinubu Lauds Petrobras’ Imminent Return as Nigeria, Brazil Ink MoUs to Boost Economic Ties

President Bola Tinubu on Monday welcomed Petrobras's imminent return...

Microsoft, Angola Cables Drive Africa Digital Transformation

Angola Cables announced yesterday that it has become a Microsoft...

Stanbic IBTC Rewards More Nigerians with Cash Prizes at Monthly Draws

L-R: Vincent Okereke, Portfolio Manager, Blue Segment, Stanbic IBTC...

MTN Nigeria Appoints Srinivas Rao as Chief Digital Officer

MTN Nigeria has announced the appointment of its first...

Bharti Airtel: 72% Net Profit Fall Powered by Forex, Africa Acquisition

Sunil Bharti Mittal Chairman/Group CEO Bharti Airtel India's Bharti Airtel has reported...

Sterling Unveils Omni X Platform, Breaks New Ground in Liquidity Mgt

Abubakar Suleiman CEO Sterling Bank Plc In a bid to improve banking...

Equity Market Remains Upbeat… NSE ASI Advances for 8th Session

The Nigerian equities market sustained its bullish run today,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img