eNaira adoption slow, eight per cent of wallets used – IMF
Since its launch in 2021, the usage of the eNaira — Nigeria’s digital currency — has refused to pick up,...
Bolt targets 300,000 jobs in Nigeria, others
Bolt has announced plans to invest €500m in its operations in Nigeria and other African countries. According to the firm,...
Agencies collaborate to tackle loan apps challenges
The Nigeria Data Protection Bureau has stated that a national committee, made up of federal agencies, was working to curb...
Firms partner to reduce cyberattacks
Mastercard has partnered with NowNow, a Nigerian digital payment startup to help small and medium-size enterprises to reduce the risk...
5G speeds begins decline in major markets
5G speeds continue to get slower, and there are signs that some customers are beginning to notice. According to Telecoms.com,...
Global ICT investments hit $233bn — IDC
The information and communications technology sector of the Middle East, Türkiye, and Africa will attract $233.8bn in 2023 according to...
LG invests in data security after breach
South Korea-based LG Uplus committed to tripling its cybersecurity budget, setting up a monitoring committee and hiring experts to beef...
CBN renews firm’s payment licence
The Central Bank of Nigeria has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. According to the firm, this...
Big tech face tougher EU online content rules
Alphabet Inc’s Google, Facebook parent Meta Platforms Inc, Twitter, and Apple face stricter EU online content rules, based on monthly...
Firm launches first African-built crypto wallet
Online bitcoin to naira quick exchange platform, SenexPay, has built and launched the first Crypto Wallet built by an African...