The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of bank accounts belonging to Crypto Bridge Exchange (CBEX) and 25 other defendants alleged to have operated an unlawful digital asset investment scheme that defrauded Nigerians of an estimated N1.3 trillion. The request was made during the…
The Central Bank of Nigeria (CBN) has directed the newly inaugurated Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF) to ensure that lack of collateral or remote location no longer prevents Nigerian farmers from accessing credit. CBN governor, Mr. Olayemi Cardoso, gave the directive in Abuja during the inauguration ceremony, describing the Scheme as…
T2 has announced a strategic collaboration with Carnival Calabar as the Digital Technology partner, debuting its new customer-focused mobile app, MyT2. This rollout of the app as the official digital companion for Carnival Calabar underscores T2’s ambition to become Nigeria’s most trusted digital lifestyle partner for young people, families, creators, digital-first users, and businesses. According…
PalmPay, Nigeria’s leading digital banking platform has renewed its commitment to deepening financial inclusion across the country. At the CeBIH Annual Conference 2025, with “Reimagining Financial Inclusion through Cultural Shifts in Consumer Credit,” as theme, PalmPay’s Managing Director, Chika Nwosu, urged industry players to deepen financial inclusion by embracing community-aligned solutions and customer-centric innovations that…
THE Global South Alliance, a coalition of 26 digital rights organizations, yesterday launched the second edition of the “Datafication and Democracy Fund” which will provide more $72,000 to support research and advocacy projects focused on datafication and democracy to be implemented in 2026. The Datafication and Democracy Fund was launched during the fourth edition of…
AN indigenous technology company, Optimus AI Labs, is strengthening its push into enterprise artificial intelligence (AI), with focus on improving customer support and service delivery across the country’s financial services industry. Speaking with a group of media execs in Lagos, its Chief Executive Officer and Co-Founder, Lanre Basamta, said Optimus AI Labs has spent the…
RIDE hailing outfit, Bolt, has announced a significant surge in airport trips, signaling increased arrivals of Nigerians in the diaspora, tourists, and holiday travelers into major cities. This, the outfit said, is in preparation for the festive period globally celebrated as ‘Detty December’. According to internal mobility data from Bolt, airport trips grew sharply between…
MOBILITY and clean energy company, MAX, has commended Senate’s advancement on the bill proposing the gradual phase-out of petrol-powered vehicles, which has now scaled its Second Reading. The company also restated its commitment to Nigeria’s clean mobility future, saying the development marked a significant milestone in the nation’s transition toward sustainable, affordable, and future-ready transportation….
Nigeria could enter 2026 on its strongest economic footing in more than a decade, according to leading economist, Bismarck Rewane. He said a combination of easing inflation, rising investment, major corporate listings and stabilising monetary conditions will propel the country into a new and more durable cycle of growth. Presenting his projections at the Parthian…
