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FinTech

MoMo PSB & Others Advocate Collaboration to Extend Financial Services to all Nigerians

MoMo Payment Service Bank (PSB), an electronic service provider and financial technology stakeholders have called for collaboration within the industry to drive financial inclusion and improve quality of lives of Nigerians. They spoke at the Momo first anniversary and stakeholders forum with theme; “Driving Financial Inclusion and Cashless Payments”, on Wednesday in Lagos. Chief Executive […]

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News

Google to Delete Inactive Accounts By December After Update of Account Policy

Alphabet’s Google will delete accounts that have been inactive, to protect users from security threats like spam, phishing scams and account hijacking. The company yesterday updated its inactive account policy, saying it will start deleting accounts in December. Ruth Kricheli, VP of product management at Google, says unused accounts often rely on old or re-used […]

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News

KamaPay to Showcase Cross-Border Payment Solutions at GITEX Africa 2023

KamaPay will be participating in the highly anticipated GITEX Africa 2023, taking place from 31 May – 2 June 2023 at Bab Jdid, Boulevard Al Yarmouk, Marrakech. GITEX Africa 2023 brings together industry leaders, researchers, and technology enthusiasts from around the globe. By taking part in this prestigious event, KamaPay seeks to further solidify its […]

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Business

Nigeria’s Financial Inclusion Target Continues to Wobble Amid Crisis in USSD Code Usage

Nigeria’s Financial Inclusion Target Continues to Wobble Amid Crisis in USSD Code Usage Nigeria’s financial inclusion target is shaky even as crisis rocks the use of the Unstructured Supplementary Service Data platform also known as the USSD Code. The Governor of the Central Bank (CBN), Mr Godwin Emefiele confirmed that there are challenges encountered by […]

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FinTech

E-learning Platform, ‘SabiMONI’ from CBN Debut to Deepen Financial Inclusion

An e-learning platform, ‘SabiMONI’, designed to promote financial literacy and to deepen financial inclusion has been introduced by the Nigerian Government. The e-learning platform, an initiative of the Central Bank of Nigeria (CBN), according to the CBN Governor, Mr Godwin Emefiele, was a fully digital national e-learning platform that provides knowledge for financial literacy. He […]

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Technology

NigComSat Launches Virtual Healthcare Platform to Boost PHC Across Nigeria

The Nigerian Government has launched a Virtual Healthcare Platform “NigComHealth’ to provide quality service delivery in the healthcare sector across the country. The platform is an initiative of the Nigerian Communications Satellite Limited, NIGCOMSAT in partnership with with Ethnomet Technology in Canada. NigComHealth is a telehealth service which provides a platform for Nigerians to have […]

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News

Mobile Money Transactions in Emerging Markets to Exceed $2trl by 2027 as Financial Inclusion Drives Deepen

Reports from Juniper Research experts in the payments market, found that the total value of mobile money transactions in emerging markets will reach $2 trillion by 2027, an increase of over $500 billion from 2023. Growing at 33%, the market is being driven by the transition to PaaP (Payments-as-a-Platform), a model which allows third parties […]

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Business

Experts Advise Employees, Small Business Owners on Income Diversification

Salary earners, individuals, self-employed and small businesses have been advised to make deliberate efforts to save and diversify their income stream in the light of the current state of the nation’s economy. This was the submission of panelists at the webinar titled: Maximising your income: the power of diversification, organized by Ecobank Nigeria as part […]

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News

MTN GlobalConnect Rebrands to Bayobab

MTN GlobalConnect has rebranded to Bayobab. In a statement, the company says the brand reveal took place at International Telecommunications Week Conference in Washington DC, attended by over 6 000 delegates from across the digital wholesale telecoms community. It notes that the new identity, Bayobab, represents the company’s strategic transformation journey to connect Africa with […]

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News

Spyware Attacks in Nigeria,Kenya & SA In reasing Steadily, Kaspersky Warns

For the first quarter of 2023 (Q1 2023) the share of users attacked with spyware in Nigeria South Africa and Kenya increased steadily. Kaspersky recorded an increase of 18,8% in South Africa, 12,9% in Kenya, and 14,6% in Nigeria from Q4 2022 to Q1 2023. Spyware continues to be a threat to users of different […]

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