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Tech

DG NITDA says Nigeria Charts Path Toward Sustainable Digital Future

Nigeria is charting an ambitious path towards a sustainable digital future anchored on innovation, inclusivity, and resilience, a vision that lies at the core of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which focuses on reforming the economy for sustainable growth, enhancing infrastructure, accelerating diversification through digitalisation and innovation, and strengthening governance for efficient service […]

Tech

NITDA DG Urges Harnessing Renewable Energy and Technology for Rural Growth

Kashifu Inuwa, CCIE, the Director General of the National Information Technology Development Agency (NITDA), has reiterated on the vital role of renewable energy and digital innovation in accelerating inclusive growth and transforming rural communities across Nigeria. Speaking as a panellist at the Civil Society Policy Forum during the 2025 Annual Meetings of the World Bank […]

Fintech

Lagos State Plans Innovation Bill by 2026

Lagos State plans to pass its Innovation Bill by mid-2026, formalising relationships between universities and industry to expedite technology-driven development. Alatunbosun Alake, the Lagos State Commissioner for Innovation, Science, and Technology, unveiled the idea during the GITEX Global Technology Exhibition in Dubai. He explained that the legislation is intended to establish a systematic framework for […]

Tech

NITDA DG says Corps Members Catalysts for Technological Innovation

Kashifu Inuwa, CCIE, Director General of the National Information Technology Development Agency (NITDA), has urged Corp members and Interns serving in the agency to transform their creative ideas into viable technology startups, assuring them of the agency’s support in turning their innovations into real products and services. Inuwa made the call at the grand finale […]

Fintech

CBN Makes case for Open Banking Policy @ Nigeria Fintech Week

Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria, CBN, has said that policies such as open banking when operational will foster new opportunities for collaboration, ensuring customers benefit from competitive, tailored services by balancing innovation. Open banking is a system that allows customers to securely share their financial data with authorized third-party providers […]

News

CBN Caps Banking Agent’s Daily Transactions on PoS at N1.2m in New Guidelines

The Central Bank of Nigeria has introduced new operational guidelines for agent banking across the country, capping daily cumulative transactions per agent at N1.2 million. The revised framework, released on Monday, also mandates all financial institutions to submit monthly reports on the activities of their Point-of-Sale agents to enhance oversight and service quality. The circular […]

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. […]

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