The long-awaited Konga Yakata—Nigeria’s biggest annual sales event—is set to begin this Friday, November 1, 2024, and will run through the entire month of November, ending on Saturday, November 30. As excitement builds among shoppers, this year’s edition promises to deliver even more incredible savings, with up to 90per cent discounts on a wide array…
The Court of Appeal, Lagos Division, has reserved judgment to a later date in an appeal filed by MTN Group against the judgment of the National Industrial Court of Nigeria (NICN) in favour of a former expatriate staff of the MTN Group, M. Paul Odunewu. In the September 27, 2017 judgment, the NICN had ordered…
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, said the World Bank has provided a significant boost to Nigeria’s efforts to deploy 90,000 km of fibre across the country. The minister confirmed this in a post to his X account. While the specifics of the support—whether financial or otherwise—were not released, Tijani previously…
Africa’s payment solutions provider, SeerBit, has sealed a strategic partnership deal with Sabre, a global leader in software and technology solutions powering the travel industry, to ensure seamless payment. This collaboration will provide Sabre’s clients with access to SeerBit’s powerful payment infrastructure, delivering seamless, secure, and efficient payment processing for transactions and other value-added services…
EMERGING technology trends in the digital space will enable emerging markets, especially in Africa, to bypass the old systems and adopt digital infrastructure at a speed faster than that of well-established markets, CEO of Trium Limited, Adebayo Adewolu, has said. Adewolu spoke while giving key insights at the 2024 International Capital Markets Association (ICMA) FinTech…
A COMPANY, Socket, has secured a $40million funding round to tackle the rising tide of supply chain security attacks. With over 90 per cent of modern applications built on open source, security has become more critical than ever. Traditional Software Composition Analysis (SCA) tools are struggling to keep up with ever rising attacks. Socket safeguards…
AFRICA-focused fintech company, PalmPay, has stressed the need for founders within the fintech ecosystem to boost investors’ confidence to drive more foreign direct investment (FDI) across the continent. The company believes that working closely with investors is vital to creating value. Speaking at the just concluded 2024 Nigeria Fintech Week in Lagos, Managing Director, PalmPay…
If the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) fail to address the debt overhang of about N250 billion owed mobile network operators (MNOs) as a result of the use of the Unstructured Supplementary Service Data (USSD), the operators might, subject to regulatory approval, suspend supporting the use of the service…
