Gbenga Omolokun, Managing Director, VFD Microfinance Bank has emphasis the need to strengthen and deepen collaboration in the Nigerian FinTech space in other to benefit from financial services utilization and inclusion. He made this remarks at the just concluded Nigeria Fintech. Vbank is at the forefront of fintech companies in […]
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Information Technology experts have called for increased attention to emerging technologies and key implementations for increased economic benefits. The speakers unanimously agreed in their submissions in a communiqué issued at the 17th annual Titans of Tech Conference and Awards held at the Oriental Hotels, Victoria Island, Lagos on Friday, July […]
NetBlocks, a watchdog organization that monitors cybersecurity and the governance of the Internet, has reported that Nigeria has lost N24.72bn ($60.14m) in 10 days to the Twitter ban that took effect on June 5. According to NetBlocks’ Cost of Shutdown Tool, Nigeria loses N102.9m ($250,600) every hour to the ban. The […]
The Nigeria Inter-Bank Settlement System Plc (NIBSS) has said that over N5bn was lost to fraudulent activities in the Nigeria Banking sector from January to September 2020. According to the NIBSS report on ‘Fraud in the Nigerian Financial Services’, fraudulent activities have led to severe loss of about $42bn globally. […]