CBN Pushes Banks Towards New Cross-Border Payment Era
One of the key updates to the policy is the simplification of requirements for low-value transactions.
Featured Posts
SMEDAN Boosts Tailors With N300 Daily Workspaces
The new scheme, unveiled under the guidance of SMEDAN’s Director General, hopes to ease major hurdles for small businesses.
Zenith, GTCO Bosses Lead Highest-Earning Bank CEOs
Among the top names leading the chart is Adaora Umeoji of Zenith Bank. Making history as the bank’s first female Group Managing Director and CEO, Umeoji assumed office on 1 June 2024. Her appointment was a major milestone, not only for Zenith but for the Nigerian banking sector as a whole.
Nigerian Youths Trapped in Cyber Slavery, FG Raises Alarm
The Ministry described this trend as deeply worrying, urging swift action to dismantle the multibillion-dollar criminal enterprises behind it
Obidient Movement Unveils Digital IDs to Strengthen Global Community
The Obidient Movement explained that every card, whether issued in Nigeria or abroad, bears the OBX prefix.
This Week On TechStoriex; Top News Snapshot
Welcome to this week’s edition of ‘This Week on TechStoriex,’ where we highlight 5 top and exciting stories featured on TechStoriex over the past week. Zone Builds Safe Blockchain for Banks and Crypto in Africa Zone, a Nigerian blockchain company, has built a network where banks and crypto businesses can work safely under government rules. […]
FCCPC fines Meta and WhatsApp $220 million
The Competition and Consumer Protection Tribunal has upheld the $220 million fine Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) imposed on Meta Platforms Incorporated. This ruling marks a major win for consumer rights enforcement in Nigeria. On Friday, FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, announced the tribunal’s decision in a statement. He said […]
OPay Extends N1.2 Billion Scholarship to Kwara State Polytechnic
Fintech giant OPay has expanded its N1.2 billion scholarship program to Kwara State Polytechnic, making it the first polytechnic to benefit from the 10-year education investment. This move marks a major step in OPay’s plan to support higher education across Nigeria. In a statement on Wednesday, OPay announced that 20 students from Kwara State Polytechnic […]
GetEquity Shifts Focus to Debt Notes and Becomes Profitable
GetEquity, a Nigerian investment platform, has reached profitability after a major shift in its business model. In 2024, the company expanded into offering commercial papers and debt notes and also laid off 40% of its workforce. This move came as retail investors in Nigeria started looking for safer, low-risk investment options due to a slowdown […]
VFD Group Announces N11.2 Billion Pre-Tax Profit
VFD Group Plc, the parent company of VBank and a top investment firm in Nigeria, has announced its audited financial results for 2024. The new report shows an amazing recovery and strong growth across key areas. Strategic decisions and smart innovations helped the company move from a pre-tax loss in 2023 to major profits in […]
Top on the week
CBN Pushes Banks Towards New Cross-Border Payment Era
One of the key updates to the policy is the simplification of requirements for low-value transactions.
SMEDAN Boosts Tailors With N300 Daily Workspaces
The new scheme, unveiled under the guidance of SMEDAN’s Director General, hopes to ease major hurdles for small businesses.
Zenith, GTCO Bosses Lead Highest-Earning Bank CEOs
Among the top names leading the chart is Adaora Umeoji of Zenith Bank. Making history as the bank’s first female Group Managing Director and CEO, Umeoji assumed office on 1 June 2024. Her appointment was a major milestone, not only for Zenith but for the Nigerian banking sector as a whole.
Nigerian Youths Trapped in Cyber Slavery, FG Raises Alarm
The Ministry described this trend as deeply worrying, urging swift action to dismantle the multibillion-dollar criminal enterprises behind it
Obidient Movement Unveils Digital IDs to Strengthen Global Community
The Obidient Movement explained that every card, whether issued in Nigeria or abroad, bears the OBX prefix.
This Week On TechStoriex; Top News Snapshot
Welcome to this week’s edition of ‘This Week on TechStoriex,’ where we highlight 5 top and exciting stories featured on TechStoriex over the past week. Zone Builds Safe Blockchain for Banks and Crypto in Africa Zone, a Nigerian blockchain company, has built a network where banks and crypto businesses can work safely under government rules. […]
FCCPC fines Meta and WhatsApp $220 million
The Competition and Consumer Protection Tribunal has upheld the $220 million fine Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) imposed on Meta Platforms Incorporated. This ruling marks a major win for consumer rights enforcement in Nigeria. On Friday, FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, announced the tribunal’s decision in a statement. He said […]
OPay Extends N1.2 Billion Scholarship to Kwara State Polytechnic
Fintech giant OPay has expanded its N1.2 billion scholarship program to Kwara State Polytechnic, making it the first polytechnic to benefit from the 10-year education investment. This move marks a major step in OPay’s plan to support higher education across Nigeria. In a statement on Wednesday, OPay announced that 20 students from Kwara State Polytechnic […]
GetEquity Shifts Focus to Debt Notes and Becomes Profitable
GetEquity, a Nigerian investment platform, has reached profitability after a major shift in its business model. In 2024, the company expanded into offering commercial papers and debt notes and also laid off 40% of its workforce. This move came as retail investors in Nigeria started looking for safer, low-risk investment options due to a slowdown […]
VFD Group Announces N11.2 Billion Pre-Tax Profit
VFD Group Plc, the parent company of VBank and a top investment firm in Nigeria, has announced its audited financial results for 2024. The new report shows an amazing recovery and strong growth across key areas. Strategic decisions and smart innovations helped the company move from a pre-tax loss in 2023 to major profits in […]
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