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PalmPay, LASUBEB Partner to Turn Academic Excellence into Opportunity for Lagos Students

PalmPay Group has announced a strategic partnership with Lagos State Universal Basic Education Board (LASUBEB) to recognise and reward high-performing students in selected public schools across Lagos, as a broader commitment to supporting ambition and expanding opportunities for young Nigerians. Nigeria continues to face a significant out-of-school children challenge. According to UNICEF, 18.3 million school […]

Tech

Firm Shares Insights into Ransomware Trends and Tactics @ International Anti-Ransomware Day-2026

On International Anti-Ransomware Day, May 12, Kaspersky shares a report with an overview of ransomware trends that marked 2025 and insights into what the threat landscape holds in 2026. According to Kaspersky Security Network, in 2025 Latin America had the highest share of organisations with ransomware attacks detected (8.13%), followed by the Asia-Pacific region (7.89%), […]

News

NITDA Emphasises Digital Infrastructure as Catalyst for Startup Investment, Growth

The National Information Technology Development Agency (NITDA) has reaffirmed that a strong and reliable digital infrastructure is fundamental to attracting investment, boosting competitiveness, and achieving sustainable growth within Nigeria’s startup ecosystem. This position was underscored at the Africa Fintech Foundry Ecosystem Roundtable 7.0, a virtual engagement themed “The Capital Reset: What Technologies Are Still Fundable […]

Fintech

PAFON 3.0: Agency Banking Holds Key to Reaching Millions of Unbanked Nigerians

Dr. Obioha Oti, the National President of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), has described agency banking as Nigeria’s most critical last-mile channel for achieving meaningful financial inclusion, stressing that millions of Nigerians, particularly in rural and underserved communities, remain financially excluded despite notable progress in the sector. Speaking at […]

News

Moniepoint Partners GDG Lagos, Women Techmakers to Empower the Next Generation of Women Architects in Tech

In a critical move to bolster talent density and accelerate Nigeria’s digital economy, Africa’s all in one financial ecosystem, Moniepoint hosted an International Women’s Day event bringing together women in technology for a day of leadership development and hands-on product building. Held at Moniepoint’Headquarters in Lagos, themed “Break the Pattern,” the event was organised in […]

General News

Kaspersky Warns of Phishing Attacks via Compromised Amazon Simple Email Service Accounts

Kaspersky has detected phishing and business email compromise (BEC) attacks that are leveraging Amazon Simple Email Service (SES) – a cloud-based email service designed for businesses and developers to send and receive high-volume marketing, notification, and transactional emails (for instance, password resets). Because these emails are sent via a trusted service, they originate from reputable […]

Business news

Africa Prudential Launches Sabivest to Boost Digital Investment Access

Africa Prudential Plc has launched Sabivest, a digital shareholder and investment management application, as part of efforts to deepen access to investment opportunities and enhance transparency in Nigeria’s capital market. Unveiled in Lagos, the platform is designed to provide investors with a centralised system for managing shareholdings and tracking portfolio performance across multiple investment products. […]

News

AfDB Approves $61M Package to Boost Women-led Businesses in Nigeria

The Board of Directors of the African Development Bank Group (AfDB) approved a $61 million financing package for the Development Bank of Nigeria (DBN) to expand access to affordable credit for women-owned and women-led businesses across Nigeria, particularly in the agricultural sector. The financing comprises three instruments: a $50 million gender-focused line of credit; an […]

Fintech

MasterCard, BMONI Partner to Improve Digital Payments

MasterCard and BMONI, an artificial intelligence-powered financial platform, are working to launch a new generation of virtual and physical payment cards that will enable Nigerian customers to conduct fluid local and worldwide transactions. According to the partners earlier this week, the solution is powered by MasterCard’s global payment network, enabling users to instantly create multiple […]

Telecom

Airtel Africa Profits Hit $813m on Strong Nigerian Operation’s Performance

Airtel Africa has delivered a landmark financial performance for the 2026 fiscal year, characterized by record-breaking customer acquisitions, a massive leap in profitability, and a definitive shift toward a data-centric business model. Driven by disciplined execution, and a robust digital strategy, the Group saw its Profit After Tax skyrocket to $813 million, up from $328 […]

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