CBN Tightens BVN Rules to Curb ₦1.2tn Fraud Risk, Aligns Nigeria with Global Standards
Nigeria’s digital finance ecosystem is set for a major regulatory shake-up as the Central Bank of Nigeria (CBN) introduces stricter governance rules for the Bank Verification Number (BVN), targeting rising fraud risks across the country’s fast-growing electronic payments space. The revised framework, scheduled to take effect from May 1, 2026, is designed to strengthen identity […]
PAFON 3.0: Lagos Set for High-Stakes Talks on AI, Trust and Financial Inclusion
Nigeria’s booming digital payments sector will take centre stage next month as regulators, banks and fintech leaders converge in Lagos for the third edition of the Payments Forum Nigeria (PAFON 3.0). Scheduled for April 24, the forum is expected to attract over 600 participants and more than 20 speakers, reinforcing its position as a key […]
Tech Firm Donates Smart Boards to Boost Digital Learning in Unity Schools
Wowbii Infrastructure, a brand under Equipment Hall Limited, has donated 20 interactive smart boards to the Unity Schools Old Students Association (USOSA) in a move aimed at accelerating digital education across Nigeria’s Federal Unity Colleges. The handover ceremony, held in Lagos on Saturday, marks a significant step toward modernising classroom learning and equipping students with […]
Nigeria Targets $200m Tech Investment with New UAE Partnership
The Nigeria government is set to attract $200 million in foreign investment following a strategic partnership aimed at strengthening the country’s technology and advanced manufacturing sectors. The deal, sealed through a Memorandum of Understanding (MoU) between Nigus International Investment Limited and UAE-based Elmirate Investment LLC (Elmirate Capital), will establish a next-generation technology platform focused on […]
Tech Unite Africa 5.0 to Host Startup World Cup Nigeria, Innovation Awards in Lagos
Africa’s technology ecosystem is set for a major gathering as innovators, investors, and industry leaders converge in Lagos for Tech Unite Africa 5.0, a pan-African technology conference scheduled for March 26, 2026. The event will take place at the Oriental Hotel and is expected to feature a wide range of activities including Startup World Cup […]
ARCO Partners DJI to Expand Drone Technology and Aerial Security in Nigeria
ARCO Worldwide Services Limited has partnered with global drone manufacturer DJI to accelerate the adoption of advanced drone technology in Nigeria, marking a major step forward for the country’s aerial security and surveillance capabilities. In a statement released by the company, ARCO confirmed it has become Nigeria’s first authorised DJI Enterprise reseller, positioning the indigenous […]
X Proposes Changes to Blue Checkmark After €120m EU Fine
X (formerly Twitter) has proposed changes to its blue checkmark verification system after being fined €120 million ($138 million) by the European Commission for breaching the bloc’s digital regulations. According to EU officials, the social media platform owned by Elon Musk submitted proposed remedies aimed at addressing concerns over the design and use of the […]
Remita and the Treasury Single Account: Nigeria’s Most Successful Government Technology Project
In a country where many public sector technology projects have struggled to deliver results, the implementation of the Treasury Single Account (TSA) powered by Remita stands out as one of Nigeria’s most impactful government digital initiatives. For decades, technology projects within Nigeria’s public sector often ended up as costly failures—either abandoned before launch or overwhelmed […]
Experts Call for Stronger Trust and Resilience in Nigeria’s Digital Finance Ecosystem
Industry leaders and regulators have emphasised the need for trust, resilience, and strong regulatory frameworks to support the rapid growth of digital finance in Nigeria. Speaking at the “Banking on the Cloud: Regulation, Resilience and the Next Scale Curve” forum in Lagos, the representative of the Director of the Payments System Policy Department at the […]
NITDA Partners Nkenne AI to Boost AI-Powered Language Solutions in Nigeria
The National Information Technology Development Agency (NITDA) has entered into a strategic partnership with Nkenne AI to accelerate the development of AI-powered language translation technologies and strengthen Nigeria’s ambition to become a leading artificial intelligence hub in Africa. The collaboration focuses on leveraging artificial intelligence to bridge Nigeria’s language divide in digital technology, while also […]
