Meta Faces $220 Million Fine in Nigeria Over Data Privacy Violations
Nigeria's Federal Competition and Consumer Protection Commission (FCCPC) has imposed a $220 million fine on Meta platforms, the parent company ...
Tag: technology
CBN Fines Paystack ₦250 Million Over Zap Wallet Licensing Breach
In a significant regulatory move, the Central Bank of Nigeria (CBN) has fined Paystack ₦250 million (approxiamtely $155,400) for operating ...
Nigeria Launches First Indigenous AI Software To Transform Education.
In a historic move for Nigeria's tech landscape, BildUp, a homegrown technology company, has unveiled the country's first indigenous Artificial ...
Flutterwave Joins Circle Payments Network to Enhance Cross-Border Transactions
Flutterwave, a leading African fintech company, has officially joined the Circle Payments Network (CPN), a major milestone in the company's ...
Zone Proposes Regulated Ethereum-Style Blockchain With Built-In Compliance for Africa
Zone, the Nigerian blockchain payment infrastructure company, is setting its sight on a bold vision: Creating a regulated Ethereum-like blockchain ...
Ex Microsoft and Interswitch Executives Build AI Sales Tool Tailored For African Businesses
In Africa's B2B sales space, most teams still rely on spreadsheets and outdated software to manage deals. Customer Relationship Management ...
The Trademark Clash Between Zap Africa and Paystack
On March 24, 2025, Paystack made waves in the fintech industry by launching Zap, a consumer-focused product marking its entry ...
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 ...