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 ...
For the second time in five months, Prospa, a Y Combinator-backed business banking startup, is facing backlash from customers over delayed withdrawals. Since May 2024, several users have reported being ...
Kenya is set to issue payment licenses to fintech companies, signaling a shift in regulatory policy that could open East Africa’s largest payments market to startups like Flutterwave and Chipper ...
BlackCopper, a Nigerian digital lending startup backed by Techstars, has found itself mired in debt, owing investors over ₦1 billion after failing to recover loans from customers. Founded in 2020 ...
Flutterwave, Africa’s largest payments platform, has reported a significant security breach in April 2024, with an estimated ₦11 billion ($7 million) diverted to multiple bank accounts. Insiders suggest the amount ...
Credit Direct, a digital lending subsidiary of FCMB Group, has quietly become one of Nigeria’s most profitable fintechs, reporting ₦4 billion ($2.6 million) in profits in 2023. With a 45.5% ...
Chipper Cash, the pan-African fintech startup, has reinstated its US money transfer services two months after a temporary suspension. The pause followed a restructuring exercise that reduced its US and ...