Tag: lead

Fintech

Nigeria Sets Regulatory Working Committee to Deepen Africa Digital Market Penetration

The Federal Government through the Ministry of Trade and Investment has set up a regulatory committee to deepen digital market penetration and boost exportation of African products. The committee was set up at the AfCFTA Digital Trade Market Access Roundtable organised by the Federal Ministry of Industry, Trade and Investment, hosting regulatory stakeholders from Egypt, […]

Tech

Firm Highlights Biometric and Signature Risks as Phishing evolves with AI and Stealth

Kaspersky detected and blocked over 142 million phishing link clicks in Q2 2025, a 3.3% increase globally and a 25.7% increase in Africa from Q1. Currently, phishing is going through a shift driven by sophisticated AI-powered deception techniques and innovative evasion methods. Cybercriminals are exploiting deepfakes, voice cloning and trusted platforms like Telegram and Google […]

Business news

Shareholders Endorse Providus–Unity Banks Business Combination

Rising from a court-ordered Extraordinary General Meeting (EGM) on Friday, the shareholders and Boards of Directors of Providus Bank and Unity Bank have given their resounding approval to proceed with the business combination of the two financial institutions. The nod to go ahead by the boards and shareholders of the two institutions signifies a moment […]

Telecom

Airtel Africa Foundation Unveils Plan for Improving 10 million Lives in Africa by 2030

Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, today unveiled its plans to directly improve the lives of 10 million people across the continent by 2030. The strategy will be delivered through targeted initiatives under four core pillars namely Financial Empowerment, Education, Environmental Protection and Digital Inclusion (FEED). Outlining the ambitious target, Dr. […]

Broadcasting

Canal+ Takes Full Control of MultiChoice, Changes Board

Video entertainment group MultiChoice has made some changes to its board as French media giant Canal+ officially takes control of the South African-founded company. The merging parties today announced that the mandatory takeover offer by Canal+ for the shares of MultiChoice Group it does not already own has become unconditional, with all necessary regulatory conditions […]

Tech

Microsoft Seizes 340 Websites Linked to Nigerian-based Phishing Subscription Service

Microsoft said on Tuesday that it seized nearly 340 websites tied to a rapidly growing Nigerian-based service that allowed users to carry out phishing operations that stole at least 5,000 Microsoft user credentials. Microsoft obtained an order from the U.S. District Court in Manhattan earlier this month to seize domains associated with Raccoon0365, the subscription […]

Fintech

FintechNGR Engages Key Regulators, Lawmakers to Strengthen Fintech Regulatory Framework

The Fintech Association of Nigeria (FintechNGR), the umbrella body of Financial Technology operators in the country recently had high-level engagements with top regulators and lawmakers, aimed at strengthening collaboration to boost growth of the sector. The delegation, led by Dr. Segun Aina, Chairman, Board of Trustees, FintechNGR, and President, Africa Fintech Network (AFN), included Dr. […]

News

NITDA, Kaspersky Sign Strategic MoU to Strengthen Nigeria’s Digital Defenses

In a decisive move to bolster Nigeria’s cybersecurity landscape, the National Information Technology Development Agency (NITDA) has signed a strategic Memorandum of Understanding (MoU) with global cybersecurity leader, Kaspersky. The agreement, signed as a sideline activity of the GTIEX Nigeria in Lagos, marks a significant milestone in Nigeria’s digital transformation journey and its commitment to […]

Tech

Gov. Sanwolu says Lagos Attracted $6 Billion Tech Fund

After over a decade of active participation in prestigious global technology event, the Gulf Information Technology Exhibition (GITEX) in Dubai, UAE, and similar platform in Marrakech, Morocco, in Berlin, Germany —an initiative originally championed by the National Information Technology Development Agency (NITDA), Nigeria has taken a bold step forward organising the event in the country. […]

News

OAfabric Goes Live in Nigeria, DRC, Redefines African Interconnectivity

Open Access Data Centres (OADC), Africa’s truly open-access and carrier-neutral data centre operator, announced that its Open Access Fabric (OAfabric) platform is now live and operational in both Nigeria (OADC Lagos) and the DRC (OADC Texaf – Kinshasa), providing businesses with the ability to overcome many of the structural barriers that have long held back […]

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