Fintech

Nigerian financial institutions face cyberattacks as industry remains largely silent

A wave of cyberattacks have hit Nigerian financial institutions as AI accelerates speed for bad actors.

News

Canva slashes 22% of jobs to restructure company 

Canva says 1,271 people will be affected by a restructure that changes roles, moves some staff to hubs and ends some jobs. Here is what it could mean for Africa.

Consumer Tech

Shopping on Temu: How to separate good deals from costly mistakes before adding products to your cart

Shopping on Temu comes with risks. Learn how to assess product quality, read customer reviews, spot misleading discounts and avoid costly buying mistakes.

News

Zepz appoints Steven Eisenhauer as chief risk and compliance officer

Zepz, parent company of WorldRemit and Sendwave, appoints Steven Eisenhauer as Chief Risk and Compliance Officer.

News

NALA hires former TerraPay executive Ashraf Aly as global head of compliance and risk

Ashraf Aly, who most recently led compliance at TerraPay, has joined NALA as Global Head of Compliance & Risk. He will oversee compliance across NALA, Rafiki and its MLROs in the UK, EU, US and Canada.

Review

Omatek generated ₦1.5m in 9 months, it is carrying ₦5.2bn in liabilities

Omatek generated just ₦1.5 million in 9 months, while its liabilities reached ₦5.2 billion, including ₦3.27 billion in unexplained accrued expenses.

Funding

Rise of Fearless raises $1 million ahead of a relaunch

Rise of Fearless, a mobile battle royale inspired by the Battle of Adwa, has raised $1 million via a SAFE from Epic Edges Capital. Founder Kanessa Muluneh plans to relaunch the game after an upgrade.

Explainer

Capfin loan 2026: Login, online application, requirements and costs

Apply for a Capfin loan of up to R50,000 online, by SMS or at PEP. See Capfin login steps, requirements, fees, repayments and how to check your offer.

Explainer

Your WesBank car repayment just went up. Here’s what the September rate hike costs you

The recent rate hike lifted prime to 10.75%. See what it means for WesBank car finance, plus how to use the calculator, log in, get a settlement and buy at WesBank auctions.

Explainer

Best loan apps in South Africa (2026): Personal, short-term and urgent cash loans compared

Compare the best loan apps and online loans in South Africa for 2026: Capitec, African Bank, Capfin, TymeBank and short-term lenders.

Fintech

Grey secures IMTO licence as Nigeria’s remittance sector gets new competition

Grey has secured an International Money Transfer Operator licence from the CBN. It joins a field that has grown from under 15 operators in 2016 to over 100.

Fintech

Is MTN Nigeria’s ₦95.5bn fintech sale really a win?

MTN Nigeria’s headline 2.1x MoMo sale premium relies on a heavily written-down paper value. Against the actual ₦137.95bn invested, the ₦95.5bn valuation is a 31% loss.