Nigerians were once again plunged into darkness on Wednesday following yet another collapse of the national power grid. This marks the 12th collapse of the grid in 2024, with 11 previous failures recorded between January and November. The national power grid experienced a particularly challenging period in October, when it […]
FinTech
OPay, a leading financial institution in Nigeria, has partnered with AfriGo Card, powered by AfriGopay Financial Services Limited (AFSL), a subsidiary of Nigeria Inter-Bank Settlement System (NIBSS) aiming to enhance the availability of digital payment services to Nigerians. The partnership will facilitate rapid scaling while ensuring secure and convenient payment […]
The organizers of AfriTECH 4.0 have announced the official sponsors for this year’s event, revealing a lineup of prominent companies committed to shaping Africa’s digital future, with QNET stepping up as the Gold Sponsor. Set to be held at the Oriental Hotels, Lekki Road, Lagos, on November 7, 2024, AfriTECH […]
As Nigeria’s financial technology sector evolves, Remita, a pioneering payment company, continues to shape the future of both the Nigerian and African fintech landscapes. Recognized for its dedication to innovation, inclusivity, and reliability, Remita is a major sponsor of the Nigeria Fintech Week (NFW) 2024. At this event, the company […]
Over 12 million customers of First Bank Nigeria were left stranded on Tuesday as the bank’s digital platforms broke down, leaving them unable to access the bank’s app or carry out any financial transactions. The issue persisted throughout October 1, Nigeria’s Independence Day, leading to widespread frustration among customers. Many […]
The Central Bank of Nigeria (CBN) has dismissed reports suggesting that it is currently conducting a general recruitment exercise. This clarification follows the posting of a job vacancy on the Bank’s website on Tuesday, August 13, 2024, which led to widespread speculation. Read Also: CBN Withdraws Directive on Cybersecurity Levy for […]
The Minister of Niger Delta Affairs, Mr. Abubakar Momoh, revealed a startling admission on Tuesday morning regarding the disappearance of the forensic report on the Niger Delta Development Commission (NDDC), according to Political Economist NG. Speaking on Channels TV Morning Brief, Momoh struggled to explain the whereabouts of the report, […]
The Federal Government of Nigeria has collected N78.95 billion from the N50 levy imposed on electronic bank transfers within the first five months of 2024, according to a recent report by the National Bureau of Statistics (NBS). The data, detailed in the Federal Allocation Accounts Committee report, highlights substantial revenue […]
Dr. Vincent Olatunji, National Commissioner/CEO of the Nigeria Data Protection Commission (NDPC), delivered the keynote address at the Sensitization Workshop on the Nigeria Data Protection Act for top government officials from various Ministries, Departments, and Agencies (MDAs) in Ogun State. Dr. Olatunji commended Upper Link, a Data Protection Compliance Organisation, […]
Comrade Adede John Williams, President of the Association of Telecommunications, Information Technology, Cable Satellite Network Operators and Allied Services Employers’ of Nigeria (ATICEN), has called on the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Michael Cardoso, to adopt industry-centric policies for the cashless and digital economy as […]