Category : Search result: fintech scam


MTN Releases N100m to 20 Nigerian Startups

MTN Nigeria has disbursed N100 million to 20 innovative startups in Lagos through its Cloud Accelerator programme, offering funding, mentorship, and access to its vast network to boost scaling.

Cyber Attacks in Nigeria Jump Over 1,000% in Q3

Data breaches in Nigeria surged 1,047% in Q3 2025. Hackers now use stolen credentials, not software flaws. Experts urge stronger identity controls to combat this new threat.

OPay Clinches SERAS 2025 Social Impact Award

OPay wins the prestigious SERAS 2025 Award for Social Impact. Discover how its ₦1.2B scholarship and empowerment programs are transforming lives across Nigeria.

DeRemi Atanda Conferred as NCS Fellow for Tech Impact

DeRemi Atanda receives the prestigious Nigeria Computer Society Fellowship for his transformative work in fintech and public financial systems. Discover his journey and lasting impact on Nigeria's digital economy.

Top 10 Nigerian Banks by Mobile App Downloads

Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech

Okorocha's Niece Charged in N17m Land Scam

Uche David Obinali, niece of ex-Governor Rochas Okorocha, faces fraud charges for an alleged N17 million land scam in Abuja. She pleaded not guilty and was granted bail. Read the full details.

Nigerian Man Convicted in US Romance Scam

Saheed Sunday Owolabi, a Nigerian man, faces 40 years in US prison for wire fraud and money laundering in romance scams. Read the full story of the cyber fraud conviction.

Myus.com Accused of Scamming International Customers

Florida shipping company Myus.com faces multiple fraud allegations from foreign customers claiming stolen packages. Victims report automated denials and jurisdictional barriers when seeking justice.

Zenith Bank Awards N140m to African Tech Innovators

Zenith Bank empowers African innovators with N140 million funding at 2025 Tech Fair. Ten startups including Trust Loop and Cubbes Technologies receive grants and mentorship to scale their solutions.

Fintech Growth Demands Strategic Partnerships

Fintech sector growth is unsustainable without strategic partnerships with banks, regulators, and tech providers. Learn how collaborations drive financial inclusion and innovation in Nigeria.

Nigeria to Digitize Cooperatives in 2026 Reform

Federal Government announces digital transformation of Nigeria's cooperative sector through 2026 reforms. Akilaah Solutions emerges as key partner after winning multiple national awards.

Reps Committee Raises Alarm Over POS Fraud

House of Representatives committee warns of rising POS fraud and unlicensed crypto dealings by operators. Investigation reveals security gaps and regulatory breaches in Nigeria's fintech sector.

Paystack Terminates Co-Founder Ezra Olubi

Nigerian fintech giant Paystack dismisses co-founder Ezra Olubi following sexual misconduct allegations. Read about the investigation and public reactions.

Man Gets 50 Years for Actor Impersonation Scam

Lagos High Court sentences fraudster to 50 years for impersonating actor Fredrick Leonard to scam woman of £15,000. EFCC secures conviction after full trial. Read details.

NASS Officials Jailed for N4.8m Job Fraud

ICPC secures conviction of two National Assembly staff for a N4.8m job scam involving fake CBN and FIRS employment. Justice served as convicts refund money. Beware of fake job offers!

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