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…
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…
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…
Visionaries who recognize untapped potential can fundamentally reshape entire economies in the rapidly evolving global technology landscape. Dr. Leo Stan Ekeh, Chairman of Zinox Group and a pioneer in Africa’s tech ecosystem, stands as a testament to this transformative power. For over three decades, Dr. Ekeh has not merely participated in Nigeria’s tech evolution; he…
Leading carrier, MTN Nigeria said it has invested ₦202.4 billion, a 159per cent increase year-on-year, to upgrade and expand network infrastructure, enhancing service quality and capacity. According to its unaudited results for first quarter (Q1) ended 31 March 2025 released yesterday, the telco also said its total subscribers increased by 8.2per cent to 84.1 million,…
A fintech company, payZeep, has announced an initiative to subsidize mobile data costs for e-hailing drivers, under the umbrella of the Amalgamated Union of App-Based Transporters of Nigeria (AUATON). The initiative is a response to the growing alarm over skyrocketing mobile data expenses raised by members of AUATON. Although, there is already an existing collaboration…
Ride hailing firm, inDrive, has restated its commitment to making its service as reliable and secure as possible. It said over the past year, it has seen incredible growth in new clients in Nigeria, with person-to-person (P2P) deliveries – such as parcels sent between friends, family, or individuals – tripling and B2B deliveries growing sixfold….
The Raw Materials Research and Development Council (RMRDC) has urged stakeholders in the rubber industry to support its efforts to review the Act that established the Council. Its Director-General, Prof. Nnayelugo Ike-Muonso, made the call at a one-day investment forum focused on developing and rehabilitating the rubber value chain in Owerri. Represented by the Director,…
