News

FNB Alerts Digital Wallet Criminals: First National Bank (FNB), South Africa’s oldest bank, has given a warning that criminals are increasingly exploiting digital wallet users through sophisticated phishing attacks. Phishing and smishing attacks deceives users into providing sensitive information such…

Huawei strategy Windows Android reliance: A new set of gadgets put in Huawei’s store reveals one of China’s software futures. The gadgets sport an efficient operating system developed by the company. This new system is set to replace Windows and…

Is Cryptocurrency the future of finance Africa? Cryptocurrency is rapidly gaining traction across the globe, and Africa is no exception.  Digital currencies offer a plethora of advantages, including financial inclusion, reduced transaction fees, and enhanced security.  These benefits have many…

Nigeria has achieved a significant milestone in its telecommunications industry, with the country now producing 100% of its SIM cards locally.   This achievement comes just two years after the federal government implemented a ban on the importation of SIM cards,…

The recent Africa Fintech Festival has sparked dynamic discussions about the future of fintech regulations across the African continent.  A key takeaway from the event was the advocacy for innovative regulatory approaches, particularly the exploration of “fintech passporting” – a…

The world of technology is witnessing a paradigm shift as developing nations are rapidly embracing advanced artificial intelligence (AI) tools at an unprecedented rate.  This surge in Advanced AI adoption in developing nations stands in stark contrast to the more…

Forex access for money transfer operators: The Central Bank of Nigeria (CBN), issued new measures to facilitate naira liquidity and raise diaspora remittances. The apex bank announced that International Money Transfer Operators (IMTOs) will now be permitted to sell foreign…

Virtual work for Rivers State employees: State Governor Siminalayi Fubara has directed local government workers in its 23 councils to start working virtually after the LGA crisis rocked Rivers State.  Virtual Work For Rivers State Employees It started as a…

NIN data breach investigation: The controversy surrounding the alleged sale of National Identification Number (NIN) slips for N100 on a website is concerning. This has led Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, to announce that the federal…

dLocal and Wakanow Group have announced a strategic partnership that promises to revolutionize cross-border payments and make travel more accessible for millions across the continent.  This collaboration, facilitated by Wakanow’s travel fintech subsidiary Kalabash, marks a significant milestone in the…