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The Central Bank of Nigeria (CBN) is implementing significant reforms to the Bank Verification Number (BVN) system, effective May 1, 2026. These measures aim to curb rising fraud and secure digital financial channels. Customers must adapt to stricter protocols regarding device usage, identity verification, and account management. The apex bank is prioritising system integrity over…
West Africa’s $150 billion digital economy rests upon a dangerously brittle foundation. Aliyu Aboki, executive secretary of the West African Telecommunications Regulators Assembly (WATRA), warns that inadequate submarine cable resilience now threatens the region’s primary growth engine. The 2024 mass cable failure, which slashed bandwidth across the region, proved that sheer capacity means little without…
A sophisticated wave of ransomware attacks has battered Nigerian government agencies and tier-1 financial institutions over the past three weeks, exposing deep fragilities in the nation’s digitising economy. Reports from the National Information Technology Development Agency (NITDA) and the Corporate Affairs Commission (CAC) confirm that “coordinated and sophisticated” threat actors have breached critical infrastructure, causing…
Airtel Nigeria has announced the temporary suspension of its airtime and data credit services, which previously allowed eligible prepaid customers to borrow airtime or data and repay on their next recharge. In a statement issued on Friday, the Director of Corporate Communications and CSR at Airtel Nigeria, Femi Adeniran, said the decision is part…
Google has rolled out enhanced safety measures for its Gemini artificial intelligence chatbot, introducing a redesigned crisis intervention interface as the company confronts legal action linking the technology to a user’s suicide. The updates, announced Tuesday, aim to streamline access to mental health support when the system detects signs of distress. The tech giant said…
The Nigerian Communications Commission (NCC) has unveiled a strategic roadmap to expand internet access to 230 million subscriptions by 2030. This ambitious target relies on the densification of 5G networks, the adoption of the Internet of Things (IoT), and a surge in satellite connectivity. The 2026–2030 spectrum plan aims to overhaul a digital infrastructure that…
Global mobile money transactions hit a historic $2tn in 2025, doubling in value in just four years. According to the State of the Industry Report on Mobile Money 2026 by the GSMA, the sector has transitioned from a niche tool for the unbanked into a mainstream financial ecosystem. While it took two decades to reach…
The Nigerian Communications Commission (NCC) has ordered mobile network operators to credit the accounts of subscribers suffering from subpar network quality. In a directive issued on Sunday, the regulator stated that customers should no longer bear the burden of service disruptions alone. This shift marks a departure from the traditional model of merely fining operators….
Six billion people across the world are now connected to the internet, representing roughly three-quarters of the global population, but 2.2 billion people remain offline, exposing the deepening fault lines of global digital inequality, according to the International Telecommunication Union’s Facts and Figures 2025 report. The landmark figure represents an increase of more than…
China has cemented its status as the world’s automotive factory, producing a record 34.5 million vehicles in 2025. This marks the 17th consecutive year the country has led global production, with sales following closely at 34.4 million units. Data from the China Association of Automobile Manufacturers (CAAM) shows a 10.4% jump in production and a…
