UBA Lost ₦1.14 Billion to Fraud in 2024 Despite Record Profits
United Bank for Africa (UBA) lost ₦1.14 billion ($744,200) to fraud in 2024, even as it recorded a profit after...
Why Bank Transfers Are Becoming Nigeria’s Preferred Payment Method
Nigeria’s payment landscape is evolving rapidly, with bank transfers becoming the most preferred digital payment method. This shift was reinforced...
Meta Executives Get Huge Bonuses Despite Recent Layoffs
Meta executives are cashing in big this year, even as the company slashes jobs and cuts employee stock options. A...
Paystack Enters Consumer Payments with Zap, a Fast Money Transfer App
Paystack, Nigeria’s leading online payment processor, is making a bold move into consumer payments with Zap, its new money transfer...
Top 6 Tech Events To Attend In Lagos Between March And August 2025
Many tech events are happening in 2025. As such we have curated the top five tech events happening in Lagos...
MTN Nigeria Loses Top Revenue Spot After ₦400.4 Billion Loss
MTN Nigeria has lost its status as MTN Group’s top-earning subsidiary for the first time since 2019. The telecom giant...
Massive Cyberattack Hits X: Musk Blames Ukraine, Experts Disagree
On March 10, 2025, X (formerly Twitter) suffered a major outage, disrupting access for thousands of users across Asia, Europe,...
Microsoft Pledges $298 Million to Boost AI and Data Centres in South Africa
Microsoft is strengthening its presence in South Africa with a massive $298 million investment in artificial intelligence (AI) and data...
How AI is Revolutionizing Search and Digital Experiences in Sub-Saharan Africa
Artificial Intelligence is reshaping digital experiences across Sub-Saharan Africa, transforming how people search for information and interact with online platforms....
Moniepoint Partners with AfriGo to Launch Five Million Contactless Cards in Nigeria
Nigerian fintech giant Moniepoint has partnered with AfriGO, Nigeria’s national domestic card scheme, to introduce five million contactless payment cards....