KongaPay Technologies Limited has made a significant stride towards excellence by securing three internationally acclaimed International Organization for Standardization (ISO) certifications. This remarkable feat positions KongaPay as one of the very few Mobile Money Operators licensed by the Central Bank of Nigeria (CBN) to attain all three of these prestigious global standards. The fintech company…
South African Airways (SAA) has become the latest organisation to fall victim to a cyber attack. In a statement released on Wednesday, the flagship carrier of South Africa said it has been impacted by a significant cyber incident that began on Saturday, May 3. According to SAA, the breach temporarily disrupted access to the airline’s…
Lagos State government has touched the lives of over two million households through its targeted food subsidy and support programmes, the Commissioner for Agriculture and Food Systems, Ms Abisola Olusanya, has said. “Under the State Food Subsidy Initiatives, we have successfully reached over 800,000 households.”These programmes provide much-needed financial relief, enabling families to access essential…
Host communities of Oriental Energy Resources Ltd (OERL) have urged the oil company to comply with Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010, specifically the Community Content Guidelines. Representatives of the Effiat/Mbo host communities in Akwa Ibom State, Committee for the Defense of Human Rights (CDHR), in a petition, averred that the…
As the 60-day timeline given to WhatsApp and Meta Platforms Incorporated to pay a $220 million penalty and $35,000 to the Federal Competition and Consumer Protection Commission (FCCPC) by Competition and Consumer Protection Tribunal over data discrimination practices in Nigeria continues to count, a group, Techsocietal, has called for caution. In a statement endorsed by…
Sixty one per cent of Nigerian Chief Executive Officers (CEOs) are expecting global economic growth to improve and 64 per cent anticipate positive shifts in Nigeria’s economy this year. Reflecting a commitment to strategic reinvention, 61 per cent of the CEOs have expanded into new sectors over the past five years, while 67 per cent…
The Director-General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) Charles Odii, has said the agency created 90,160 new jobs in the first quarter of (Q1) 2025, driven by targeted empowerment programs and strategic collaborations. In a statement signed by the management, the Q1 performance report of the agency has supported more than 116,000…
A leading full-service digital bank, PalmPay, has reaffirmed its dedication to advancing the future of payments in Nigeria by promoting the widespread adoption of contactless-enabled payment terminals. This was made known during the recently concluded BusinessDay Future of Payment Conference, themed “Fintech Evolution: Gateway to Payments.” In his welcome address, BusinessDay Publisher, Frank Aigbogun, emphasized…
In a bold step to ensure seamless adoption of the Huawei eKit solution across Africa, TD Africa, the continent’s leading technology distributor, in collaboration with global tech giant Huawei, hosted an exclusive Installer Workshop at the Huawei Experience Centre, Oriental Hotel, Lagos. The workshop was not just another industry event, it was a strategic initiative…
