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70 Million Accounts in Danger of Being Blocked by Banks Because of NIN Linkage
Over 70 million bank accounts in Nigeria face the possibility of being restricted due to the Central Bank of Nigeria’s (CBN) directive linking the National Identification Number (NIN) to Bank Verification Numbers (BVNs). This policy, aimed at enhancing financial security…
CyberDog 2 Unveiled by Xiaomi at Mobile World Congress 2024
In a groundbreaking move that has captivated tech enthusiasts worldwide, Xiaomi unveiled the highly anticipated CyberDog 2 at the Mobile World Congress 2024. This cutting-edge robotic companion represents a significant leap forward in the realm of artificial intelligence and robotics,…
4.2 Million Lines not Linked to NIN Disconnected by MTN
MTN Nigeria, the leading telecommunications provider in the country, announced the disconnection of 4.2 million lines from its network on March 1, 2024. This action comes after the expiration of the National Identity Number (NIN) linking deadline set by the…
JUST IN: MTN Nigeria in N740 Billion Loss, Shareholders’ Funds Wiped Out
MTN Nigeria Plc, the country’s leading mobile network operator, has been hit by a financial bombshell, incurring a staggering N740 billion loss before tax. This news, which broke today, March 1, 2024, has sent shockwaves through the Nigerian financial sector…
Strike, an American Payment Platform, Expands to Nigeria in the Midst of Crypto Platforms Shutdown
Nigeria will now be able to use Strike, a payments platform with a focus on Bitcoin. With more African markets to come, the company declared its intentions to bring its complete suite of Bitcoin services to these African countries: Gabon,…
Kenya Launches its Third 5G Network
In partnership with Airtel, Equitel, the mobile virtual network provider of Finserve—a fully-owned subsidiary of Equity Group Holdings, formerly Equity Bank Group—the largest retail bank in Kenya—has introduced its fifth-generation connectivity service. Although it is the first 5G service supported…
Spleet Lays off Employees as Inflation Hits the Economy Hard
Property tech startup Spleet, which raised $2.6 million in 2022 from investors including MaC Ventures and HoaQ Fund, plans to fire an unspecified number of staff members due to pressure from rising costs from landlords it works with and inflation.…
Cyber Fraud Rise: PalmPay Upgrades in-app Security Features
The rapid adoption of digital payment platforms in Nigeria has brought undeniable convenience, but it has also opened doors for malicious actors, leading to a concerning surge in cyber fraud. As the number of cyber fraud attempts continues to climb,…
Photomath: Google’s Latest App on the Play Store
Google, the tech giant, has recently launched a new app on the Play Store that is set to revolutionize the way we approach math problems. Google’s latest app, called Photomath, is designed to help users solve math problems by simply…
Kenyan Autopax and Ghanaian Kofa to Launch Electric Motorcycles
A ground-breaking deal has been reached by the Ghanaian battery company Kofa and the Kenyan automaker Autopax to begin the assembly and distribution of a special model of electric motorcycle that has been meticulously planned and extensively tested in Kenya…