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M-KOPA, a leading fintech company in emerging markets, has announced a significant milestone: it has surpassed 5 million customers across five African nations, Kenya, Uganda, Nigeria, Ghana, and South Africa. This remarkable achievement reflects M-KOPA’s rapid growth and expansion in…
Nigerians woke up to the possibility of another internet disruption today, April 4, 2024, as the Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN) embarked on an indefinite strike. This news comes as a blow to a nation…
Microsoft global outage: On Thursday, May 23rd, 2024, a widespread outage disrupted Microsoft services across the globe, causing significant inconvenience for users worldwide. The outage, which began around 7:30 am South African Standard Time (SAST), impacted a variety of Microsoft…
Three of the biggest banks in the country – Zenith, First Bank and UBA – have joined Zone’s decentralized payment network. Zone, the fastest-growing payment infrastructure company in Africa, has announced the onboarding of tier-1 banks onto its regulated blockchain-based…
Airtel Nigeria, MTN Nigeria, and IHS Towers are considering reducing their investments in the country. The decision comes as the companies grapple with multiple taxations, worsening power supply, and two years of losses linked to foreign exchange (FX) volatility. Carl…
A long-standing dispute between Nigerian banks and telecom companies regarding a $132 million USSD debt appears to be nearing a resolution, albeit slowly. The crux of the issue lies in the unpaid fees accrued by banks for utilizing Unstructured Supplementary…
Tensions are simmering in the Nigerian telecommunications industry as telecom giants Globacom and MTN Nigeria engage in a heated tussle over alleged unpaid debts. The dispute centers around Interconnection Traffic Exchange Points (IXPs), where operators route calls between their networks.…
The U.S. Securities and Exchange Commission (SEC) has charged Nigerian accountant Olayinka Oyebola and his firm, Olayinka Oyebola & Co. (Chartered Accountants), for their role in facilitating a fraudulent financial scheme associated with businessman Dozy Mmobuosi. This legal action follows…
Meta has announced the expansion of its monetization features to content creators in Nigeria and Ghana, effective July 1, 2024. This development marks a departure from previous policies that excluded creators with Nigerian and Ghanaian addresses from Facebook monetization unless…
The Joint Admissions and Matriculation Board (JAMB) has announced a major update regarding the 2025 Unified Tertiary Matriculation Examination (UTME) results. Unlike in previous years, candidates can no longer conventionally print result slips. This development has caused widespread curiosity among…
