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Fintech

PalmPay Young Stars Apply Financial Literacy on Shopping Spree

The PalmPay Young Stars initiative continues to create memorable experiences for children across public schools, and in celebration of Children’s Day, this year’s experience was made extra special for the young beneficiaries. Recently, selected pupils were taken on a shopping experience, where they redeemed vouchers worth N50,000 on essential items of their choice. Since its […]

Fintech

FairMoney Launches Mobility Financing

FairMoney Microfinance Bank has deployed a new technology-enabled asset financing solution designed to expand structured credit access for mobility entrepreneurs across Nigeria, reinforcing its push into digital SME lending infrastructure. The rollout introduces a data-driven financing model that allows transport and logistics operators to acquire business-use vehicles through a digitally verified application flow, combining credit […]

Tech

Kaspersky Brings AI-driven Context to Cloud Workload Security

Kaspersky has updated its Cloud Workload Security (CWS) offering, introducing AI-powered workload analysis, enhanced integrations and performance optimisations designed to help organisations better secure complex cloud and hybrid environments. The latest update brings integration with OpenAI API in the Kaspersky Container Security (KCS) part of the offering, also resulting in the creation of a new […]

News

Quest Merchant Bank Strengthens Market Position as GCR Revises Outlook to Stable

Quest Merchant Bank Limited has strengthened its market position following GCR Ratings’ affirmation of the Bank’s national scale issuer ratings of BBB(NG) and A3(NG), alongside an outlook revision to Stable from Rating Watch Negative.  The ratings action marks a significant milestone for Quest Merchant Bank following a transformative period for the institution, reflecting renewed confidence […]

Telecom

Simba Infrastructure, Galaxy Backbone Partner to Deliver Hosted Unified Communications and Call Centre Solutions Across Nigeria

Simba Infrastructure Limited, a leading provider of customer experience and communications technology, has entered into a strategic partnership with Galaxy Backbone Limited (GBB), the Federal Government of Nigeria’s ICT infrastructure and shared services provider, to deliver Hosted Unified Communications (UC) and Hosted Call Centre Solutions to organisations across both the public and private sectors. This […]

News

Kaspersky Reveals NFC Relay Attacks on Smartphones Surged by 188% in 2026

According to Kaspersky telemetry, the number of NFC-based attacks on Android smartphones aimed at stealing victims’ funds have surged by 188% in the first four months of 2026, compared with the same period in 2025. From January to April 2026, Kaspersky cybersecurity solutions blocked 35,600 attacks of different Android malware families that use NFC techniques, […]

News

FG Unveils AI Public Services Platform

Federal government has launched GovGuideNigeria, an artificial intelligence (AI)-powered digital platform designed to streamline access to public service information through WhatsApp and the web. The platform consolidates information from more than 35 federal ministries and over 60 government agencies, marking a significant step in Nigeria’s drive to expand AI-enabled public infrastructure and digital government services. […]

News

Coscharis Technologies, Huawei Unveil IdeaHub S3 Interactive Board in Nigeria

Coscharis Technologies Limited, a leading Information Technology distribution company in the Sub-Saharan African market, in collaboration with Huawei, has officially launched the innovative Huawei IdeaHub S3 interactive board into the Nigerian market. The unveiling ceremony, which attracted top industry stakeholders, partners, and technology enthusiasts, was held at the prestigious Federal Palace Hotel, Lagos, in the […]

Tech

Moniepoint Group Commits to Boost Hands-on, Entrepreneurship in Three Nigerian Universities with ₦3B Innovation Hubs

Moniepoint Inc, has signed a landmark ₦3 billion commitment to establish three Innovation Hubs across some of Nigeria’s most prestigious federal universities over the next three years. The initiative represents one of the most significant private-sector investments in Nigerian higher education in recent memory. The Moniepoint Innovations Hubs will be built at Obafemi Awolowo University […]

Business news

AfDB Approves $200m for BoI to Support MSMEs

The African Development Bank Group (AfDB) has approved a $200 million financing facility for the Bank of Industry (BoI) to expand access to long-term funding for businesses operating in key sectors of the Nigerian economy. This approval was disclosed in a statement published on the bank’s website, highlighting the bank’s continued support for Nigeria’s industrialisation […]

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