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Nigerian IT genius Develops ‘The Middle’ a software to curb the spread of Internet Fraud

Mr Emmanuel Okoye, an ICT expert and software engineer, has developed a software application called ‘The Middle’ to help eradicate online fraud. Okoye, who holds a Master in Management Information System (MIS), designed ‘The Middle’ to solve increasing complaints about fake online transactions by consumers who make their purchases on the internet. Speaking with News Agency of Nigeria, Emmanuel Okoye, ...

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TymeBank is here! SA Digital Bank disrupting old banking system

Digital banking platforms are becoming inherent in our lives. People want personalized banking services that are easy and convenient for them to access from anywhere. Users also want to sign up for these services without having to leave their comfort zones and this is what Tymebank offers. We’ve reached a new milestone! 🙂Today, we celebrate reaching 250 000 customers. pic.twitter.com/IFGhlqLO2w— ...

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AfDB introduces Fintech Fund to Expand Digital Financial Inclusion in Africa

The African Development Bank (AfDB) is continuing in its drive to provide funds for the development of the continent. The multilateral development bank has announced the launch of the Africa Digital Financial Inclusion Facility (ADFI) to improve and expand digital financial transactions across Africa. The new fund was launched at the bank’s annual meetings and has the Bill & Melinda Gates Foundation, the Agence ...

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Airtel Africa approved on the London Stock Exchange!

Africa’s second largest telecoms operator, Airtel Africa, is set to list on the London Stock Exchange (LSE) as the company looks to shore up its revenue base and reduce its existing debts. Already the company has submitted registration documents to the UK Financial Conduct Authority and received approval for its documents. Airtel Africa's IPO related 'registration document' gets UK FCA nod https://t.co/fFSCrdDtIv— ...

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CoinCola Launches its Bitcoin Exchange Platform In #Nigeria

Hong-Kong based cryptocurrency marketplace, CoinCola, has extended its cryptocurrency exchange services to Nigeria, offering a fast and secure trading service to users. Hong Kong-based P2P bitcoin platform @CoinCola_Global, an OTC cryptocurrency marketplace which aims to provide trustworthy trading and exchange services to its users is now available for users to buy bitcoin in Nigeria, with a feature that lets you convert ...

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“OGP encourages citizens to play major role in designing assets recovery architecture” – ANEEJ Boss

Executive Director for Africa Network for Environment and Economic Justice (ANEEJ), Rev David Ugolor has said Open Government Partnership (OGP) encourages citizens to play major role in designing assets recovery architecture particularly in the areas where the assets recovered can be used for sustainable development. He made this known yesterday in Abuja at a one day National Dialogue with the ...

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ANEEJ to hold Pre-OGP Summit National Dialogue in Abuja

Ahead of the 6th Open Government Partnership Global Summit scheduled for Ottawa, Canada from May 29-31, 2019 the Africa Network for Environment and Economic Justice and Lead Civil Society Organisation implementing the Mantra Project will on Tuesday, May 14, 2019 organise a Pre-OGP Summit National Dialogue in Abuja. The one -day dialogue with the theme “Open Government Partnership (OGP) and ...

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EFCC Investigates Cryptocurrency Platform over Fraud Allegations!

Weeks after Nigerians began complaining about challenges crypto exchange site, Paxful, a non-governmental organization has tabled the issue before Nigeria’s anti-fraud agency, the EFCC. Please release our coins, i have done all the necessary verifications but i still cannot access my account … Pls take your services & release our coins, i no do again, i have over 10Btc locked ...

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Nigeria’s debt profile rises uncontrollably – DMO

Nigeria’s total debt profile as of December 31, 2018, now stands at N24.387tn. The figure swelled by 12.25 per cent from N21.725tn in 2017 to N24.39tn in 2018. The debt rose by N2.66tn from December 31, 2017, to December 31, 2018, the Debt Management Office said. Statistics provided by DMO in Abuja on Thursday showed that the country’s public debt ...

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Recent NIBSS Data findings reveals the rise in failed POS Transactions in Nigeria!

Data from the Nigeria Inter-Bank Settlement System (NIBSS) shows that POS transactions have fallen since the start of 2019. 2018 was a very vibrant year for POS transactions. According to NIBSS data, POS transactions in Nigeria topped N2.3 trillion. That’s an incredible 65% leap from the N1.4 trillion recorded in 2017. However since the start of 2019, POS transactions have dropped month ...

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