News
PAYE tax, stakeholder concern and the country's development
6+ hour, 58+ min ago (782+ words) IN POINT of fact, Lagos State is more than just a state. And that is written without any sense of exaggeration. Lagos is more or less a country. The state can be compared to some countries in Africa, especially along…...
Faster than security: Africa's digital boom vs cybersecurity gaps
1+ week, 6+ day ago (595+ words) Across Africa, a quiet revolution is underway. From mobile banking in Lagos to digital identity systems in Nairobi and smart infrastructure in Johannesburg, the continent is embracing technology at an unprecedented pace. This rapid digital growth is unlocking economic opportunity,…...
The silent watchdog: How AI is fighting fraud in Nigeria's banking boom
1+ week, 6+ day ago (250+ words) The impact is profound. Interswitch, Remita, and major commercial banks report significant drops in successful fraud attempts since integrating advanced ML systems. For the ordinary user, it means peace of mind; their digital wallet is guarded by an ever-vigilant, learning…...
Insurers rethink risk as global instability deepens
2+ week, 1+ day ago (570+ words) Global insurance markets are undergoing a significant reshaping as geopolitical tensions intensify and the rapid build-out of digital infrastructure introduces new layers of risk across economies, according to a new report by Willis (WTW). In its latest Insurance Marketplace Realities…...
Nigeria ranks 34th globally in data breaches as 281, 000 accounts compromised
3+ week, 1+ hour ago (483+ words) Nigeria recorded 281, 500 compromised user accounts in the first quarter of 2026, ranking 34th globally in data breaches, as cyber risks intensify alongside the rapid adoption of artificial intelligence by businesses worldwide. The latest quarterly analysis by Surfshark shows that while Nigeria remains…...
Lessons from the eagle for fintech industry in Nigeria
3+ week, 17+ hour ago (853+ words) Businessamlive In nature, the eagle stands as one of the most admired birds because of its strength, vision, discipline, patience and mastery of the skies. Across cultures, the eagle symbolises leadership, courage, precision, and renewal. It survives not by noise,…...
Cybersecurity agency raises alarm over intensifying DDo S attacks across Nigeria
3+ week, 2+ day ago (290+ words) Nigeria's cybersecurity authorities have raised fresh concerns over a growing wave of Distributed Denial-of-Service (DDo S) attacks targeting digital infrastructure across the country, warning that both public and private sector systems are increasingly exposed to sophisticated cyber threats. The Nigeria Computer…...
Technology convergence set to define next wave of global competitive advantage
3+ week, 2+ day ago (578+ words) A new World Economic Forum (WEF) report has revealed that the next phase of global competitive advantage will no longer be driven by isolated technological breakthroughs, but by how effectively organisations and countries combine and scale multiple technologies across entire…...
NAICOM enforces "No NIN, No Cover" policy as compliance deadline lapses
3+ week, 2+ day ago (471+ words) The National Insurance Commission (NAICOM)" has moved to fully enforce the mandatory linkage of National Identification Numbers (NIN) and Corporate Affairs Commission (CAC) documentation to all insurance policies, effectively ending the compliance window granted to operators and policyholders. The directive…...
NAICOM prioritises access, stability as recapitalisation window narrows
3+ week, 2+ day ago (561+ words) The National Insurance Commission (NAICOM) says it is working closely with key stakeholders and government agencies to broaden insurance penetration across the country, at a time when the sector is undergoing one of its most significant recapitalisation exercises in recent…...