The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has urged the management and staff of Opay to make compliance with existing regulations a watchword to ensure business integrity and block avenues for money laundering and fraudulent practices. Olukoyede gave the charge in Abuja on December 11, 2025 when the…
A new study, conducted by pan-African organisation, Paradigm Initiative (PIN), warns of an alarming surge in the prevalence of Technology-Facilitated Gender-Based violence, with 67 per cent of respondents being victims of at least one or multiple forms of digital violence. Released on International Human Rights Day, the research exposes deep systemic failures, weak accountability, and…
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…
A prosecution witness has told Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, how former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, and others allegedly diverted N4.9 billion belonging to the now-defunct Arik Air Limited to establish a new airline, NG Eagle Airlines. The testimony was…
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…
