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Nigeria’s fintech PalmPay Hits 25 Million Users Set to Consolidate Financial Inclusion Plans

PalmPay, Africa-focused fintech platform has hit 25 million users on its smartphone app with an “extensive” network of 500,000 mobile money agents and 300,000 merchants in its payments ecosystem. According to the fintech, its rapid growth within just four years of its market entry in Nigeria is a testament to the company’s robust strategy centred […]

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Why Nigeria Cannot Implement Cashless Policy Amid Rising Cases of Cybersecurity Risks

Despite the gains of the cashless policy in Nigeria, implementation is challenged due to inadequate critical infrastructure to support electronic payment systems, particularly in rural areas. According to the President, Information Security Society of Africa, Nigeria (ISSAN), and General Manager and Chief Compliance Officer, Ecobank Nigeria Limited, Dr. David Isiavwe, though the rise of online […]

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MobileGPT Set to Unleash AI Chatbot Technology on WhatsApp for African Users

Artificial Intelligence (AI) and OpenAI’s flagship software, the AI chatbot ChatGPT, have garnered widespread excitement in recent months. With advancements in natural language processing, personalization, and automation, AI tools like ChatGPT are transforming various industries and unlocking new possibilities. Now, the power of ChatGPT and AI is becoming even more accessible through MobileGPT, which brings […]

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NCC Tasks Telecoms Subscribers on Essence of WhatsApp Two-Factor Authentication

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has recommended that users of the popular messaging app, WhatsApp, set up Two-Factor Authentication (2FA) to avoid falling victim to account takeover by hackers. In an advisory issued on Tuesday, NCC-CSIRT noted that WhatsApp, which is a Meta-owned service, is increasingly becoming a prime target […]

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Cybercriminal Gangs Now Use AI-Generated YouTube Videos to Distribute Malware, NCC Warns

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has warned those looking to acquire pirated software and resources that they risk becoming victims of cybercriminal gangs that are using AI-generated YouTube videos to distribute malware. NCC-CSIRT further warned in its advisory that the consequences of falling victim can be significant for individuals and […]

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Mobile Phones Made 59% of Total Web Traffic Last Year as Traffic on Laptops & PCs Continue to Drop

Mobile internet traffic has almost doubled in the last eight years, with close to two-thirds of web traffic coming from mobile devices. According to data presented by CasinosEnLigne.com, mobile phones made 59% of total web traffic last year, or nearly 10% more than in 2021. Mobile`s Share of Web Traffic Continued Growing while Laptops, PCs, […]

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Online Casinos, Crypto-currencies May Lead Africa to Become Global Technology Hub

As many industries go online or adapt to new technology, the race is on to become the world’s new tech hub. Could Africa win this race and, if so, what are the key industries where the continent could stand out against the competition? Online casinos are growing in popularity The casino industry has undergone one […]

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Again, Danbatta Harps on Economic Diversification Via Telecoms

The Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC), Prof. Umar Danbatta has described as key the role of telecommunications to the diversification of the nation’s economy. Danbatta made this assertion in his presentation to Course 29 Participants at the National Defence College, Nigeria, recently. Speaking on a theme, “The Telecommunications Industry and National Development in […]

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Minister, Danbata Seek Stakeholders’ Support for Promotion of Indigenous Digital Solutions

Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, has advocated the need for all stakeholders to join hands with the Ministry and its agencies in their quest to promote the development of indigenous digital solutions in Nigeria. Pantami made the call during the presentation of N3 million prize money to each of […]

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LG Electronics Introduces VRF Solution into Refrigeration

LG Electronics (LG) has launched a compact variable refrigerant flow (VRF) solution using R32 refrigeran. According to a statement from the company, choosing an air conditioner, the efficiency, load, design, among others are all factors that one cannot overlook, but firstly, it has to fit. “As being experienced from the pain points of major contractors […]

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