The digital payment space in Nigeria is heating up as Paystack launches Zap, a new consumer app designed for instant and secure bank transfers.
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Banks like UBA must invest in stronger cybersecurity measures, fraud detection tools, and customer education to minimize risks.
Despite facing numerous challenges, these enterprises continue to thrive, showcasing remarkable resilience and adaptability.​
While the U.S. government insists that these checks help prevent security threats, critics question whether it actually works.
Introduction Kenya is on the verge of a major financial infrastructure upgrade, but a heated battle is unfolding over who will build the country’s new Fast Payment System (FPS) and national digital ID programme. NIBSS or Kenya's local giants. On one side, Nigeria’s Interbank Settlement System (NIBSS) and its Kenyan partner, Ceva Limited, are aggressively…
Nigeria’s $40 million startup fund could be a game-changer for the country’s tech ecosystem. By providing early-stage capital, tax incentives, and structured support, the government is laying the foundation for long-term innovation and economic growth.
However, 9Mobile has strongly denied these claims, stating that they are facing technical challenges but are not going out of business.
The political crisis in Rivers State is more than a regional issue; it has profound implications for Nigeria’s economic stability and social cohesion.
Nigerians are having fun with Grok, but its abilities stand out compared to other AI chatbots. It is increasingly being used as a real-time fact-checker, often faster than X’s user-generated Community Notes feature.
The $20 billion Dangote Petroleum Refinery in Lagos has announced the suspension of the sales of petroleum products in Naira.
