Kuda urges tighter security in Nigeria’s fintech sector

The Managing Director, Kuda Microfinance Bank, Musty Mustapha, has called for enhanced cybersecurity measures to protect consumers and sustain fintech growth. He said the fintech revolution has transformed financial access, but it comes with a rising threat of cybercrime. According to the Oxford University World Cybercrime Index 2024, Nigeria ranks fifth globally for cyber-related crimes,…

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Lagos to train 10,000 maritime truckers to reduce road mishaps

The Lagos State Government (LASG) has promised to train over 10,000 maritime truck drivers and motor boys as part of efforts to reduce accidents on highways. Special Adviser to the Lagos State Governor on Transportation, Sola Giwa, disclosed this yesterday during a sensitisation programme organised by the Lagos State Ministry of Transportation and the Lagos…

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TEF, UAE seal $6m pact to empower entrepreneurs

The Tony Elumelu Foundation (TEF) has sealed a $6 million strategic deal with United Arab Emirates (UAE) Office of Development Affairs and Khalifa Bin Zayed Al Nahyan Foundation (an affiliate of Erth Zayed) to empower additional 1000 young African entrepreneurs. The benefiting entrepreneurs from all 54 African countries will receive business training, mentorship, access to…

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Afreximbank’s AMCE to conserve over $1.1b Nigeria loses to medical tourism

President and Chairman of the Board of Directors of both the African Export-Import Bank (Afreximbank) and Africa Medical Centre of Excellence (AMCE) Abuja, Prof Benedict Oramah, has said the tertiary-level multi-specialty medical institution will help Nigeria retain the over $1.1 billion lost annually to outbound medical tourism, redirecting those resources towards strengthening her own systems….

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Labour seeks boycott of telecom services over 50% tariff adjustments

The Nigeria Labour Congress (NLC) said beginning from today, Nigerian workers and other willing citizens should boycott the services of MTN, Airtel, and GLO daily between 11:00 AM and 2:00 PM until the end of February 2025. Recall that MTN Nigeria had on Monday started the implementation of the 50per cent tariff adjustment approved by…

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Nigeria makes NIN prerequisite to access social services

The Federal Government has said going forward, the possession of National Identity Number (NIN) shall be a prerequisite for citizens to access social services. Secretary to the Government of the Federation (SGF), Senator George Akume, who gave the indication said the poor and vulnerable population would need NIN to benefit from palliatives. Akume spoke while…

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Anger as MTN Nigeria begins 50% tariff adjustment implementation

Telecom subscribers went angry as MTN Nigeria began the implementation of the 50 per cent adjustment in end user tariff of telecom services approved by the Nigerian Communications Commission (NCC) in January. MTN Nigeria raised the prices of its internet plans to reflect the adjustment. The prices reviewed include a 1.8GB monthly plan for ₦1,500,…

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