The National Information Technology Development Agency (NITDA) has issued a fresh cybersecurity warning over a new artificial intelligence-powered malware known as DeepLoad, cautioning that the threat is actively targeting Nigerian ...
Nigeria’s offshore oil and gas sector has recorded a major technological breakthrough as Kenyon International successfully completed the country’s first deployment of FlexSteel Unbonded flexible pipeline technology, significantly reducing project ...
Nigeria has emerged as Africa’s largest buyer of smart city surveillance technology, investing over $470 million in advanced monitoring systems — a move that is raising fresh concerns over privacy ...
Lagos State Governor Babajide Sanwo-Olu has pledged strong government support for Africa’s gaming industry, describing it as a rapidly evolving sector poised for global competitiveness. The governor made the commitment ...
Kenyan legislators have revisited the 2022 Information and Communications (Amendment) Bill, which proposes separating Safaricom, the country’s largest telecommunications provider, from M-PESA, its mobile money service. A previous attempt to ...
South African digital bank TymeBank is set to launch in Indonesia by the end of 2024, marking its third Southeast Asian market after its 2022 entry into the Philippines and ...
Nigerian blockchain-enabled payments infrastructure provider Zone has teamed up with the Nigerian Inter-Bank Settlement Scheme (NIBSS) to leverage blockchain technology for managing Point-of-Sale (POS) terminal transactions. This partnership aims to ...
Kenyan fintech PrivPay, which offered customers the ability to make M-PESA transactions anonymously, ceased operations in May 2023 after Safaricom revoked its access to M-PESA APIs. The telecom giant cited ...
Kuda, the Target Global-backed neobank focused on Nigeria, reported a 190% revenue increase in 2022, reaching $22 million, up from $7.7 million in 2021. According to its latest audited financial ...
Jumia, the e-commerce giant, has appointed Anthony Mbagwu as the managing director of its Nigerian fintech subsidiary, JumiaPay. Mbagwu transitions to this role from a rival fintech company, PalmPay, where ...