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The Nigeria Data Protection Commission (NDPC) is investigating Remita and Sterling Bank over claims of data breaches involving leaked KYC documents and internal systems.
CBN has given Nigerian banks 21 days to complete a cybersecurity self-assessment, warning that false submissions will attract sanctions under BOFIA 2020.
DJ Khaled’s SportyBet deal highlights Nigeria’s booming $3.6B betting market, where fintech, mobile adoption, and celebrity influence are driving rapid growth.
Airbnb Expands Offer to Users with New Private Car Pickup Service
African startups raised $705 million across 59 deals in Q1 2026, with debt financing accounting for the majority of capital. Fintech led in deal volume, while Egypt attracted the most funding, followed by South Africa and Kenya.
Meta and Youtube Found Guilty of Spreading Addiction
Nigerian edtech app Class54 is the only African startup selected for Google Play’s first Apps Accelerator, gaining access to global mentorship and growth support.
A PiggyVest report shows 40% of Nigerian Gen Z have no income and 69% lack emergency savings, highlighting deep financial vulnerability.
Sim Shagaya, founder of Konga and uLesson, has launched Myka, a new insurance company in Nigeria. The startup is currently accepting waitlist sign-ups.
MTN is shutting down Ayoba, its messaging and super app launched in 2019. Despite early growth and free data incentives, the platform failed to retain users against WhatsApp and Telegram.
African-based funders have quietly halved their Kenya agtech activity in two years, and the money trail explains what went wrong.
Jumoke Adenowo has stepped down from Flutterwave’s board after more than two years, adding to a series of leadership changes at the fintech unicorn.
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