CBN data policy: SATH chair seeks robust data centre capacity

A tech company, Signal Alliance Technology Holding, has called for increased investment in data centres to build a resileint capacity, adding that the current capacity in the country is just about 20 per cent of what South Africa has. Its Chairman, Collins Onuegbu, spoke against the backdrop of the Central Bank of Nigeria (CBN’s) directive…

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Konga marks 14th anniversary with upgraded shopping experience, flexible payments, exciting rewards

Konga is celebrating its 14th anniversary with a series of customer-focused initiatives, including the launch of its upgraded mobile app and website, exclusive anniversary offers, product upgrades, and exciting rewards designed to deliver even greater value to shoppers. Running from July 1 to July 31 under the theme “Celebrating Possibilities,” the campaign reflects Konga’s continued…

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Konga, Klump partner to unveil Buy Now, Pay Later Shopping

As Nigerians continue to seek smarter ways to manage household and business expenses, Konga has taken another significant step towards making premium products more accessible by partnering with Klump, one of Nigeria’s leading Buy Now, Pay Later (BNPL) platforms. The partnership gives customers greater payment flexibility by allowing them to spread the cost of eligible…

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How CBN’s policy on data localization will boost economy, by OADC

The Central Bank of Nigeria (CBN’s) directive to financial institutions to localise payment-related dat by January next year will trigger the global providers to bring their own scale of cloud into the country for building the nation’s digital infrastructure scale give investors more confidence to deploy the capital that brings in the scale to prepare…

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Xenophobia symptomatic of failed state, says MTN Group chair

MTN Group Chairman Mcebisi Jonas has condemned ongoing anti-foreigner sentiment in South Africa, saying it is a symptom of state failure being cynically exploited by politicians with no interest in genuine solutions. Speaking during the funeral service of Zimbabwean-born activist and public servant Thokozani Damasane, Jonas turned directly to the question of whether removing foreign…

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NCC chair promises incentives to tech firms with local manufacturing hubs

The Federal Government has opened a high-stakes window of opportunity for international tech investors, offering direct presidential intervention and sweeping economic waivers for hardware companies that anchor their manufacturing hubs in Nigeria by November 2026, the Board Chairman, Nigerian Communications Commission (NCC), Chief Idris Ibikunle Olorunnimbe, has said. Highlighting the government’s total dedication to backing…

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NCC earns top spot in BPSR 2026 MDA rankings

The Nigerian Communications Commission (NCC) has been ranked among the top three best-performing Ministries, Departments, and Agencies (MDAs) of the Federal Government in the 2026 Public Service Reforms Performance Assessment conducted by the Bureau of Public Service Reforms (BPSR). In the latest Public Service Reforms Performance Assessment, the Commission was ranked third overall, following a…

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Cyber crooks shift to AI enabled social engineering, says Visa

Scams perpetrated by cyber crooks have become the fastest growing source of consumer harm as criminals have shifted their focus of the use artificial intelligence (AI) and social engineering to manipulate people into authorizing payments themselves, according to the latest mid-year 2026 Biannual Threats Report prepared by Visa. The report draws on intelligence from Visa’s…

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