Businesses in eCommerce, airline ticketing, money transfer and banking services, will cumulatively lose over $200 billion to online payment fraud between 2020 and 2024, driven by the increased sophistication of fraud attempts and the rising number of attack vectors. The new research from Juniper Research on: Online Payment Fraud: Emerging Threats, Segment Analysis & Market […]
Read MoreHow the Fifth Generation (5G) networks will impact Nigeria’s socio-economic landscape and the inherent challenges to the deployment, will form the fulcrum of a special session to be hosted by the Nigerian Communications Commission (NCC) at the Social Media Week Lagos (SMWL) 2020. As a regulator of the country’s fastest growing and most dynamic sector […]
Read MoreCo-Creation Hub (CcHub) has partnered British Council and Beetfreeks Collective to launch New Narratives Pilot, a co-creation lab pilot designed to prototype solutions that help stimulate more plural and diverse narratives to solve the problem of singular, outdated narratives between Africa and the UK. The partnership will bring 40 digitally-savvy young professionals from both places […]
Read MoreLagos crypto-trading startup Bitfxt has raised a US$15 million Series A funding round for infrastructural expansion and the development of new products. Bitfxt allows users to buy and sell digital currencies in real time, but now plans to expand more widely into the blockchain space after raising funding. The US$15 million Series A round comes […]
Read MoreFintech startup Carbon has set up a US$100,000 pan-African fund to address the lack of funding and support holding back entrepreneurs on the continent. Consumer lending platform Carbon, which rebranded in April as parent company OneFi continues to transition into being a full digital banking platform after raising US$5 million in debt funding and acquiring […]
Read MoreNigerian digital escrow service Vesicash has raised an undisclosed amount of funding from Ingressive Capital to help it grow its customer base and secure key partnerships. A digital escrow service, Vesicash was built to prevent digital fraud and disputes by providing payment security for all parties involved in P2P or marketplace transaction. The startup raised […]
Read MoreThe Nigerian Communications Commission (NCC) and the Nigerian Postal Services (NIPOST) have met to discuss key areas of collaborations between the two agencies towards strengthening delivery of their respective mandates and synergising to advance the digital economy agenda of the Federal Government. This was the highlight of deliberations during a courtesy by senior management officials […]
Read MoreEcobank Group, the pan-African banking group, is inviting African fintech entrepreneurs to enter the 3rd edition of the Ecobank Fintech Challenge. The Fintech Challenge gives African start-ups the opportunity to promote their fintech solutions, and potentially partner with Ecobank to roll-out their solutions across Ecobank’s 33 markets in Africa as well as France. Ecobank welcomes […]
Read MoreReport circulating in the social media that the Nigerian Government beginning from tomorrow, February 20 will started monitoring activities of Nigerian on the social media is fake news. The report, which had the name of the Minister of Communication and Digital Economy, Dr. Isa Ibrahim Pantami on it suggested that government is also monitoring the […]
Read MoreThe 2019 KnowBe4 has revealed that about 64 % of Nigerians don’t known when they are under cyber attack and may not even know what to do. Others don’t even recognise a security incident or issue if they saw one while more than a quarter had fallen for a scam. Nigeria one of the African […]
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