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Business news

PalmPay Named Digital Payments Platform of the Year at Business Day BAFI Awards 2026

PalmPay, has been named Digital Payments Platform of the Year at the 2026 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, recognising the company’s contribution to the growth of digital payments and financial inclusion in Nigeria. The BAFI Awards organised by BusinessDay and held on October 9, 2026 at the Civic Center, Lagos, and was […]

News

TETFund Establishes Innovation Hubs in 45 Tertiary Institutions

The Tertiary Education Trust Fund (TETFund) has commenced the establishment of Innovation Hubs in 45 beneficiary tertiary institutions across Nigeria to accelerate research, promote technological innovation and commercialise locally developed products. The initiative is aimed at transforming tertiary institutions into research and development centres where academics can develop home-grown solutions to national challenges, create businesses […]

General News

Jumia Highlights Technology-Driven Customer Service @ Customer Service Week

As organisations around the world mark Customer Service Week under the global theme “Going the Extra Mile,” e-commerce leader Jumia Nigeria shares what exceptional service means in the current digital retail space. For Jumia, going the extra mile goes beyond handling complaints or closing support tickets. It means taking ownership of the customer’s experience from […]

Business news

Firm Detected over 31,000 Scam Emails Abusing Microsoft Authentication System in Seven Weeks

Kaspersky experts have identified a scam email campaign. Attackers send emails that contain legitimate Microsoft service links to redirect users to fraudulent sites or to download malware. From August 1 to September 18, more than 31,000 emails with such links were blocked by Kaspersky solutions. Earlier this year Kaspersky reported detecting a phishing campaign where attackers abused Microsoft’s authentication mechanism. Now […]

Telecom

London Stock Exchange Welcomes Airtel Money to the Main Market

The London Stock Exchange delighted to welcome Airtel Money to the Main Market. Conditional trading in Airtel Money’s ordinary shares began under the ticker “AMC”. Airtel Money is one of Africa’s leading digital financial services platforms, providing millions of customers and businesses with access to a growing range of financial services and enabling them to […]

News

Customer Sues FCMB for N5b Over Alleged Unauthorised Disclosure of Account Statement

A customer has sued First City Monument Bank (FCMB) Ltd for N5 billion over the alleged unauthorised disclosure of a company’s bank statement to a third party, accusing the bank of breaching its duty of confidentiality and exposing sensitive financial and personal information. In a Writ of Summons filed by the Claimants’ Counsel, Oluchi Vivian […]

Fintech

PalmPay Goes the Extra Mile to Keep Customers Supported and Secure @ Customer Service Week

PalmPay is celebrating 2026 Customer Service Week by highlighting its commitment to delivering a reliable and secure banking experience for its customers. With this year’s theme, “The Extra Mile,” PalmPay is reinforcing its approach to customer service that goes beyond resolving enquiries. For PalmPay, going the extra mile means anticipating where customers may need support, […]

Business news

NIBSS Reiterates Trust as Critical to the Growth of Digital Banking

Nigeria Inter Bank Settlement System (NIBSS) has emphasized Trust as increasingly critical to the growth and sustainability of digital banking as financial services migrate rapidly to mobile and digital platforms. The managing director and chief executive of NIBSS, Premier Oiwoh, stated this while delivering the keynote address at the 30th anniversary celebration of the Association […]

News

BPP Moves to Digitise Procurement System

The Bureau of Public Procurement (BPP) said it was working to digitise procurement processes, improve the assessment of market prices, strengthen contract monitoring and ensure that contractors have the technical and financial capacity to execute projects. Adebowale Adedokun, director-general of the BPP, spoke at the opening ceremony of the 2026 Mandatory Continuous Public Procurement Capacity […]

News

Kaspersky Warns about Websites Designed to Scam Users Planning Trips to European Countries

Kaspersky’s Global Research and Analysis Team (GReAT) has uncovered a scam targeting tourists who are applying for a Schengen visa. They receive phishing emails allegedly sent on behalf of an EU migration authority. Under the threat of additional checking procedures at the border, the scammers urge tourists to visit a fake website and submit a […]

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