News
Ecobank Kenya Loses Millions of Dollars Due to Card Flaws Exposed as Fraud
Ecobank Kenya lost millions of dollars between 2020 and 2022 due to weaknesses in its card operations,which an internal report...
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Nigerian Startup Regfyl Raises $1.1 Million in Pre-Seed Funding
Regfyl, a Nigerian company that provides digital identity verification and fraud detection tools to businesses, has raised $1.1 million in...
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First Fully Robotic Heart Transplant Performed in Saudi Arabia
A medical team at King Faisal Specialist Hospital and Research Center (KFSHRC) in Riyadh, Saudi Arabia has made history by...
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Elon Musk’s SpaceX Launches its 7,000th Starlink Satellite, Owning Two-thirds of Earth’s Satellites
SpaceX achieved another massive milestone this week by launching its 7,000th Starlink satellite into orbit. This solidifies Elon Musk's company...
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GTBank Nears Completion of Core Banking Upgrade to Finacle
Guaranty Trust Bank (GTBank) is finalizing the transition to Finacle, a core banking software built by Infosys. The switch marks...
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Innoson Unveils First Nigerian-Made Electric Vehicle
Innoson Vehicle Manufacturing (IVM) just announced the launch of its first locally produced electric vehicle. Cornel Osigwe, IVM’s Head of...
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Sterling Bank Migrates to Africa’s First Indigenous Core Banking System
Sterling Bank Limited has made history by becoming the first bank on the continent to migrate to an indigenous core...
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UBA Partners with Huawei on Multi-Million Dollar Storage Deal, Expands Foothold in Nigerian Banking Sector
Nigerian banks are looking to cut costs, especially on USD-denominated expenses, creating a perfect entry point for Chinese tech giant...
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Digital Banks Customers To Be Charged ₦50 Electronic Money Transfer Levy
Starting today, Nigerian neobank/digital bank customers will be charged a ₦50 levy on transfers of ₦10,000 ($6) and above. This...
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Apple teases September 20 as launch date for iPhone 16
With Apple set to unveil the iPhone 16 lineup at its upcoming event, many might ask “When will the iPhone...
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