Opay Debunks N5,000 Christmas Giveaway Claim
Opay has officially denied a viral social media claim about a N5,000 Christmas giveaway. The fintech warns users against scams and shares vital security tips. Read more to stay safe.
Category : Search result: fintech regulation
Stakeholders Advocate AI Adoption in Nigeria's Primary Healthcare
Health and tech experts call for AI integration in Nigeria's PHCs to cut costs and improve access. They highlight a $1.5bn market potential but warn of regulatory and data gaps.
Why Insecurity Persists in Northcentral, Northwest — Experts
New research reveals how illegal mining, weak governance, and community exclusion drive violence in North-Central and North-West Nigeria. Experts warn blanket bans may worsen the crisis. Discover the evidence-based solutions.
Lagos to Regulate Informal Spaces Under New Plan
Lagos State Government announces decisive steps to regulate informal spaces like road setbacks and under-bridge areas. Commissioner Dr. Oluyinka Olumide outlines plan for safety and sustainable urban growth. Read more.
Chinese Dragon in Nigeria's Digital Wallet Sparks Security Alarm
With over 50 million users, Chinese-owned fintechs like OPay dominate Nigeria's street economy. Experts warn of data sovereignty risks and urge CBN action. Read the full analysis.
Cross River cracks down on unlicensed medical outfits
Cross River State declares zero tolerance for unlicensed medical practice. Health Commissioner warns against quackery after arrests, vows stronger enforcement in 2026 to protect public health.
OneDosh Launches Borderless Payments in US and Nigeria
OneDosh launches its cross-border payments platform in the US and Nigeria, using stablecoin tech for instant, low-cost international transfers. The service is live in 49 US states, with New York coming soon.
Wema Bank Hackaholics 6.0 Awards N120m to Tech Talents
Wema Bank's Hackaholics 6.0 has empowered young Nigerian innovators, awarding N120 million in cash prizes. Discover the winners and the bank's commitment to STEM and youth development.
University, Worship Centre in Noise Pollution Dispute
Augustine University in Epe pleads with LASEPA as loudspeakers from Ori Oke Iyanu disrupt studies and health. The VC reports a staff member hospitalized. Read the full story.
ARCON: Oyo State's Ad Vetting Directive is Unlawful
Nigeria's national ad regulator, ARCON, declares Oyo State's mandatory pre-vetting for betting ads unconstitutional. The move could cripple operations and set a dangerous precedent for the industry.
French Court Rejects Request to Suspend Shein's Site
A Paris court has rejected a request to suspend Shein in France, citing the removal of illicit products. The ruling highlights challenges for e-commerce giants in Europe. Read more.
Senate Confirms New NMDPRA, NUPRC CEOs After Resignations
The Senate has confirmed new heads for Nigeria's oil regulatory bodies following the resignations of Farouk Ahmed and Gbenga Komolafe amid serious corruption allegations from Aliko Dangote. Read the full details of the scandal and swift political response
Lai Mohammed: Why Twitter Ban Was My Toughest Decision
Former Minister Lai Mohammed opens up on the difficult 2021 suspension of Twitter, citing national security. Read the full story behind the controversial decision.
Tinubu meets oil regulator chief after Dangote's allegations
President Tinubu held a private meeting with NMDPRA CEO Farouk Ahmed following explosive allegations by Aliko Dangote of corruption and economic sabotage in Nigeria's oil sector.
Traders Fair 2026 in Lagos: Free Registration Open
Lagos prepares for Traders Fair 2026 on April 10. Join top finance experts for seminars on Forex, Stocks, AI, and networking. Free entry at Lagos Continental Hotel.
New Gaming Law Signed in Enugu, Takes Effect 2026
Governor Peter Mbah has enacted the Enugu State Gaming and Lottery Commission Law 2025, replacing a 2004 law. The new regime introduces strict oversight, consumer protection, and a charitable trust fund.
Parallex Bank Leads Nigeria's Digital Banking Renaissance
Dr. Olufemi Bakre, MD/CEO of Parallex Bank, outlines the bank's pivotal role in shaping Africa's digital banking future. Discover his leadership philosophy and the bank's growth trajectory.
CBN Withdraws Licenses of Two Mortgage Banks
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
OmniPay Launches Solutions to Ease Supply Chain Pressure
OmniPay has launched new payment tools and honoured key distributors at its first gala night, reaffirming its commitment to supporting Nigeria's supply chain against economic challenges. Discover the new features.
Police Resume Tinted Glass Enforcement Jan 2, 2026
The Nigeria Police Force announces the resumption of tinted glass permit enforcement on January 2, 2026, citing security concerns. The move sparks public debate as the case remains in court.
OHMS Capital Pioneers Financial Innovation in Nigeria
Discover how OHMS Capital is transforming Nigeria's investment landscape with data-driven fintech, blockchain ventures like WePairYou, and major agribusiness focus. Learn their growth strategy and vision for Africa.
PoS Operators Reject CAC Shutdown Plan, Head to Court
PoS operators, led by NAFIAN, plan a legal challenge against the CAC's mandatory registration, calling it overreach. The January 1, 2026, deadline could see unregistered terminals seized.
CAC to Report Fintech Firms to CBN Over PoS Operators
The Corporate Affairs Commission warns it will place OPay, Moniepoint, Palmpay on a watchlist and report them to the CBN for enabling unregistered PoS agents. New deadline set for January 2026.
CAC: POS Operators Must Register by Jan 1, 2026
The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.
CAC: Unregistered POS Terminals Face Seizure from 2026
CAC orders all PoS operators to register by Jan 1, 2026, or face seizure. Fintechs enabling illegal transactions will be watchlisted. Full compliance is mandatory.
Nigerian Fintech Herconomy Dominates Eurobest Awards 2025
Herconomy's innovative Breastmilk Money Account secures four major awards, including the Grand Prix, at Eurobest 2025, showcasing Nigeria's global impact in fintech and maternal support. Read the full story.
EU fines Elon Musk's X €120m for DSA rule breaches
The European Union has imposed a €120 million fine on Elon Musk's X for violating the Digital Services Act over deceptive blue checks and ad transparency. Read the full story on the clash between Brussels and Washington.
EU fines X €120M over DSA violations, risks US clash
The European Union imposes a €120 million fine on X for breaching digital transparency rules, testing its resolve against Big Tech and risking tensions with the Trump administration. Read more.
TikTok to Block Under-16s in Australia from Dec 10
TikTok will comply with Australia's new social media ban for under-16s starting December 10. The law, a world-first, imposes heavy fines. Read how this affects Nigerian youth and global policy.
Oshiomhole's OPay, Moniepoint Accounts Hacked
Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.
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