Lagos tech news – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Thu, 21 May 2026 16:34:00 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Lagos tech news – Tech | Business | Economy https://techeconomy.ng 32 32 Nigerians Can Now Repair Damaged Phones for as Low as N5,000 as CubeCover, SLOT Launch SuperFix https://techeconomy.ng/cubecover-slot-launch-superfix-phone-repair-cover-nigeria/ https://techeconomy.ng/cubecover-slot-launch-superfix-phone-repair-cover-nigeria/#respond Thu, 21 May 2026 16:29:48 +0000 https://techeconomy.ng/?p=181936 Thousands of Nigerians dealing with cracked screens and water-damaged phones may now have a cheaper way out after CubeCover and SLOT Systems Limited launched SuperFix, a phone protection and repair service that allows customers to insure devices from as low as N5,000 yearly.

The service was unveiled on Thursday, May 21, 2026, at SLOT headquarters in Ikeja, Lagos, with both companies describing the initiative as a medium to reduce the high cost of phone repairs in Nigeria and give users quicker access to trusted repair services.

SuperFix, powered by CubeCover and distributed through SLOT stores nationwide, provides coverage for cracked screens and liquid damage, with protection plans ranging up to N300,000 depending on the device category.

Speaking at the launch, Deji Macaulay, CEO of CubeCover said the service was designed around a fully digital process designed to make phone repairs easier and faster for users.

Today, your phone is not just a device, it’s your office, your camera, your bank, your connection to the world. When it burns, it costs more than money.”

Customers can activate the service directly at any SLOT outlet by selecting a preferred plan, registering their details digitally and uploading a short video of the device to confirm its condition before coverage begins.

CubeCover, Slot Launch SuperFix to Cover Phone Repairs
CubeCover and SLOT sign MoU

Macaulay said the increasing cost of phone repairs inspired the product.

What we initially noticed as the main challenge is that the price of fixing your phone in Nigeria can be very expensive,” he said.

If it happens that your phone is damaged and it takes too long to fix because it is either expensive or you don’t know where to repair it, your daily life is affected until you find a solution.”

He added that the partnership with SLOT would give customers access to repair services across the retailer’s nationwide network, using certified parts and trained technicians.

He also said SuperFix was designed to address longstanding concerns Nigerians have about insurance claims and delays.

Superfix is designed in such a way that your claims can be approved within 10 seconds. From the moment it’s submitted, you can get your claims approved automatically.”

Customers will receive notifications once a phone is submitted for repairs and again when the device is ready for pickup.

Founder and Chief Executive Officer of SLOT Systems, Nnamdi Ezeigbo, said the company entered the partnership because of its focus on customer value and long-term trust.

At SLOT, we are actually concerned about the customer experience,” he said. “We are concerned about how much customers spend, and what value they actually get.”

We are not just selling phones, we sell much more than phones. In fact, we sell trust and quality.”

Ezeigbo said screen replacement costs have become a huge burden for phone users, especially owners of premium devices.

Sometimes about 20% the cost of the phone itself,” he said while explaining how expensive some screen repairs have become.

He disclosed that SLOT estimates about 10% of smartphone buyers damage their screens within a year, creating what he described as a large market for device protection services.

We are targeting the value-sensitive,” he said while explaining the company’s target market. “We’re also targeting the premium, those who buy phones of 2 million, 3 million.”

CubeCover said the lowest plan offers N50,000 coverage for N5,000 yearly, while higher plans extend up to N300,000 in repair coverage.

Alfred Egbai, chief operating officer of CubeCover, said the system was built around speed and simplicity. “All you have to do is present the device and give them a phone number, nothing complex,” he said.

We’re able to verify your eligibility. We’re also able to check that the device you have presented to us was a device that was initially insured.”

Macaulay added that customers do not need to buy phones from SLOT before subscribing to SuperFix, as existing device owners can also walk into any SLOT branch and enrol their phones.

He also revealed that CubeCover had handled large claim volumes in the health sector. “Before now, we’ve handled more than 140,000 claims on the health side with our healthcare partners,” he said.

Cubecover Makes Audacious Entry into the Insuretech industry

On theft coverage, Macaulay clarified that the current package only covers screen damage and liquid damage. “For now, SuperFix doesn’t cover theft,” he said.

CubeCover General Manager for Business Development and Partnerships, Olufela Olurin, said the partnership would expand device protection services across the country using SLOT retail network.

The fact that the cost of everything is on the rise, this partnership and SLOT’s nationwide store network makes it possible to bring the product to people in every city and location,” she said.

The launch ended with CubeCover and SLOT signing a partnership agreement, formally kicking off the nationwide rollout of SuperFix across SLOT stores.

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LASU ByteBros Win 4th Cavista Hackathon with AI Health Innovations https://techeconomy.ng/lasu-bytebros-win-4th-cavista-hackathon-lagos/ https://techeconomy.ng/lasu-bytebros-win-4th-cavista-hackathon-lagos/#respond Tue, 24 Feb 2026 11:38:46 +0000 https://techeconomy.ng/?p=176714 Team ByteBros from Lagos State University (LASU) won the top prize at the 4th Cavista Technologies Hackathon on Sunday, outperforming 46 teams and 200 students from five tertiary institutions across Lagos. 

The team received ₦2 million for their innovative solution, designed under this year’s theme: “From Data to Prevention: AI as Your Health Partner.”

The hackathon, now in its fourth edition, saw participation from Lagos State University of Science and Technology (LASUSTECH), Yaba College of Technology (YabaTech), Pan-Atlantic University, and the University of Lagos (UNILAG).

The top 10 teams presented their solutions to a panel of judges, with awards distributed across the first five places.

LASU ByteBros Cavista Hackathon 2026

Team Mannalon from Pan-Atlantic University took second place with ₦1 million, while Team Nibbles from LASUSTECH came third, receiving ₦500,000.

Fourth and fifth place winners were awarded ₦400,000 each, courtesy of Cavista Holdings Chairman, Niyi John Olajide.

In her opening remarks, Oyebola Morakinyo, general manager of Cavista Technologies, encouraged participants to push boundaries.

She said, “With technology evolving almost at the speed of light, hackathons remind us why pushing boundaries matters. We are not here just to host a competition, but to create a space for the visionaries who will define tomorrow.

Morakinyo also reiterated Cavista’s focus on nurturing talent. “We always want to hire the best and the brightest. We want to ensure that talent is available here at Cavista Tech, talent that embodies our innovative corporate values and has the confidence to take on challenges anywhere in the industry.”

Delivering her message via the event’s jumbo screen, Minister of Arts, Culture, Tourism and the Creative Economy, Hannatu Musa Musawa, commended Cavista Technologies for enabling innovation and youth-led problem solving.

She said the hackathon empowers young Nigerians to transform their skills into solutions that drive economic growth and strengthen the nation’s creative ecosystem.

Participants tackled real-life issues through AI-powered preventive health solutions. Several teams developed apps, tools, and platforms aimed at monitoring health and predicting potential risks.

Beyond prizes, participants benefited from mentorship, networking opportunities, and exposure to the technology ecosystem. Special category awards were sponsored by event partners, including Fearless Energy Drink, Mouka Foam, Rite Foods, and Rack Centre.

The event stressed Cavista Technologies’ goal of cultivating the next generation of tech talent in Nigeria and providing pathways for innovation and career growth.

During a post-event interview, Oyebola Morakinyo spoke on the role of hackathons in skill development.

She said AI does not replace engineers but “multiplies the skill sets of human beings,” helping them remain relevant.

On retaining talent in Nigeria, she added, “One of the first things we are doing is we are giving them a voice. We’re engaging them, we’re making them relevant, we’re building their confidence, and we’re telling them that your knowledge, your skill set, is valid, not just locally, but on the world stage.”

Morakinyo also stressed the importance of innovation as a mindset rather than a department. “Innovation is how we operate every day, it’s how we deliver all our work,” she said. “We are preparing talents that are well-equipped, ready to enter the workforce with a problem-solving mindset and an ownership mindset.”

The 4th hackathon aligns with Cavista Technologies’ long-term strategy of investing in youth and technology.

With engineers and specialists across multiple continents, the company is providing state-of-the-art solutions while cultivating local talent in Nigeria’s tech sector.

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Interswitch Unveils New Brand Campaign | Behind Every Transaction is a Story https://techeconomy.ng/interswitch-unveils-new-brand-campaign/ https://techeconomy.ng/interswitch-unveils-new-brand-campaign/#respond Thu, 26 Jun 2025 08:46:12 +0000 https://techeconomy.ng/?p=161839 We, probably, don’t remember the last transaction we made, we remember what it was meant for.

That was the highlight of Interswitch’s message yesterday, June 25, 2025, as it premiered its latest brand campaign, “Powering Moments That Matter,” at its Innovation Lab in Victoria Island, Lagos.

With fintech jargon overwhelming daily lives today, Interswitch chose to step back, focusing on the deep human impact on individuals across Africa, asking the question; what’s the point of all this technology if it doesn’t help us live better, fuller, more human lives?

Beyond a product reveal or marketing campaign, the Interswitch TVC Premiere was a reflection on the moments we live for, the ones we usually overlook, and the technology that makes them possible. 

Be it a father paying for emergency treatment, a young woman starting her dream business, or a child walking into their first classroom, Interswitch wanted us to see that money is only meaningful when it powers something real.

This is not just about the business or the brand, it’s about people, it’s about the story we tell that touches lives,” said Dr Cherry Eromosele, executive vice president and group chief marketing & communications officer at Interswitch.

Interswitch Unveils New Brand Campaign
Dr Cherry Eromosele, executive vice president and group chief marketing & communications officer at Interswitch

It has not been an easy journey working in a space that people see as very technical. One of the biggest challenges is: how do you humanise a brand like ours? We’ve had to co-create with customers, listen deeply, and develop solutions that truly matter to them.”

From enabling daily transactions to life-changing moments, like urgent hospital payments, entrepreneurial breakthroughs, and first-time home purchases, Interswitch’s campaign zooms in on the value of its infrastructure. 

The commercial, created entirely in Africa by African talent, not AI, is a visceral insight that behind every payment is a person, a story, a dream.

Tomi Ogunlesi, divisional head of Brands and Communications, took attendees through Interswitch’s brand evolution, spotlighting its core belief that technology only matters when it connects meaningfully to human experiences.

The Interswitch new campaign builds on a rich legacy of storytelling. In 2015, Interswitch began by establishing trust as the core currency in fintech. In subsequent years, it embraced curiosity and innovation, and later encouraged customers to “see beyond the big picture.”

Interswitch Unveils New Brand Campaign
Tomi Ogunlesi, divisional head of Brands and Communications

The latest phase goes even further, placing human experience at the centre of the brand’s ethos.

We see money move, we process billions of transactions,” said Ogunlesi. “But what really matters are the moments behind those transactions. From a child’s school fees to a last-minute flight to see a loved one, Interswitch is there, quietly powering it all.”

This campaign reiterates Interswitch’s footprint across the continent, having been shot in multiple African countries, including Nigeria, Kenya, and Uganda, with the objective of representing a shared African identity. 

Casting and production were painstakingly curated to ensure audiences could relate universally, regardless of geography.

Paul Otu, divisional head, Design, Research & User Experience, explained: “It was important to tell authentic stories, stories everyone can see themselves in. Everyone knows someone chasing a dream, someone battling illness, someone trying to build a future. And in all those stories, Interswitch is quietly there, enabling those moments.”

Innovation with Meaning

This past financial year alone, Interswitch achieved commendable milestones, from sponsoring the Africa Magic Viewers’ Choice Awards and Uganda’s Developer Summit, to collaborating with governments in Lagos, Sierra Leone, and Kenya to drive fintech innovation. 

The company introduced tech solutions like CipherTrust, enabled YouTube subscription payments in naira, and reached a historic 70 million debit cards issued milestone. Their continued role in nurturing Africa’s tech ecosystem, through platforms like TechConnect 4.0 and the Spark National Science Competition, stresses its focus and dedication to the continent’s sustainability.

We’re not just a payments company anymore,” Dr Eromosele stated. “We’re a technology enabler across sectors; healthcare, education, energy, and more. We are here to make sure the technology you rely on is invisible when it works and unforgettable in the moments it enables.”

No AI, All Heart

Interestingly, while the fintech world highly utilises AI-generated content, Interswitch took a contrarian route, going all-human. “Fintechs use AI to create full commercials,” said Ogunlesi. “But we’re doubling down on human connection. This was created 100% in Africa by Africans, for Africans.”

The final commercial, a 90-second video which took weeks of creation, was rich in emotion. It does not show POS machines or app interfaces like normal Fintech ads. Instead, it shows a life saved, a small business breaking even, a mother happy to see her unborn child and many more. Calm, but powerful.

When you see this ad, you might forget the platform behind it,” said Dr Eromosele. “But you won’t forget the moment it represents. That’s when we know we’ve done our job.”

With a strong internal culture built on mantras like “speedy execution with accuracy” and “do the right thing the first time,” Interswitch remains committed to bolstering Africa’s digital space. The company’s 4.5.6 +Xb strategy, places sustainable growth and human-centred design at the core of its business.

As the curtains closed on the event, the Interswitch personnel reiterated that this is not the end, not even the peak. It’s just a new chapter.

We’ll never stop telling stories that matter,” said Ogunlesi. “We’ll never stop humanising technology, and we’ll never stop moving Africa forward, one moment at a time.”

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