M-PESA Safaricom has entered into an international money transfer agreement with Onafriq, Africa’s largest digital payments network, which operates in 40 African countries. The collaboration aims to facilitate remittance flows to Ethiopia more efficiently. M-PESA offers individuals convenient financial services via mobile phones, without the need for a bank account, only a Safaricom sim card. […]

The recent kidnapping of students in Northern Nigeria has once again highlighted the pervasive security challenges facing the region, prompting urgent calls for action to ensure the safe recovery of the victims and prevent similar incidents in the future. This piece explores potential solutions to recover the kidnapped students and prevent future school kidnappings, focusing […]

The Nigeria Data Protection Commission (NDPC) has entered into two notable Memoranda of Understanding with the National Lottery Regulatory Commission (NLRC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to enhance data protection efforts across various sectors. Dr. Vincent Olatunji, the national commissioner/CEO of NDPC, represented NDPC, while Mr. Lanre Gbajabiamila, director […]

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has urged the Economic and Financial Crimes Commission (EFCC) to assist in combating the problem of crude oil theft in the nation. During an engaging session held at the NNPC Towers in Abuja, Mr. Mele Kyari, the group chief executive officer of the company, appealed to Mr. […]

After experiencing two years of elevated yet steady loss activity, 2023 witnessed a concerning resurgence in ransomware and extortion losses, reflecting the evolving cyber threat landscape. Hackers are increasingly targeting both IT and physical supply chains, launching widespread cyber-attacks, and devising new methods to extort money from businesses of all sizes. Given the heightened risk, […]

9mobile, Nigeria’s telco focused on customer satisfaction, has advocated for increased investments and inclusion of women in all aspects of national life during the 2024 International Women’s Day celebration. The telco emphasized that a deliberate policy to include women has the capacity to drive national growth and development, highlighting that no society can flourish without […]

A federal high court in Abuja has mandated Binance Holdings Limited to furnish the Economic and Financial Crimes Commission (EFCC) with detailed information regarding all Nigerian users trading on its platform. The court’s decision stemmed from various concerns, including allegations of money laundering and terrorism financing purportedly conducted through Binance. There have been reports indicating […]

The Nigerian National Petroleum Company (NNPC) Ltd has reaffirmed its dedication to leveraging Nigeria’s abundant gas resources to stimulate the country’s industrialization and economic growth. Mrs. Oritsemeyiwa Eyesan, NNPC Ltd’s executive vice president for Upstream, made this assertion during a Panel Session at the ongoing 2024 CERAWeek Conference in Houston, the United States on Tuesday. […]

Paradigm Initiative has urged immediate action from the National Identity Management Commission (NIMC) following a significant privacy breach involving unauthorized access to citizens’ data through XpressVerify.com. In correspondence with TECHECONOMY, the Civil Society Organization (CSO) highlighted that the breach violates both the National Data Protection Act (NDPA) and citizens’ constitutional right to privacy. It’s deemed […]

Mr. Olalekan Ogunleye, the executive vice president, Gas, Power and New Energy, Nigerian National Petroleum Company Ltd (NNPC), has highlighted transparency, accountability, research, technology, and innovation as pivotal drivers of the ongoing transformation within the organization. Ogunleye revealed this during a panel session hosted by NNPC Ltd at the 2024 CERAWeek Conference in Houston, United […]