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Technext provides unparalleled access to news stories and events shaping the African tech world today.
Fraud: Stakeholders want Nigeria’s financial ecosystem to pivot to adaptive intelligence
The battle lines in modern financial crime have shifted. As transactions accelerate to near-instantaneous speeds, traditional rules-based anti-fraud…
Rising cybersecurity breaches in Nigeria: Digital Encode issues urgent advisory on widespread security weaknesses
Digital Encode Limited, a leading information security and governance, risk, and compliance (GRC) advisory firm, has issued an…
PayPal freezes and blocks Kenyan accounts over new compliance and verification checks
PayPal has frozen funds and restricted access to an unknown number of Kenyan accounts after tightening its anti-money…
INEC confirms insider accessed voter database without authorisation, denies external hack
The Independent National Electoral Commission (INEC) has confirmed unauthorised access to and the release of information from its…
ChatGPT becomes the fastest app in history to surpass 1 billion monthly users
OpenAI’s ChatGPT has surpassed 1 billion global monthly active users, making it the fastest application in history to…
Ecobank raises $450M Nature Bond across 24 African markets, but Nigeria is not on the list
Ecobank Group has launched the world’s first ICMA commercial bank-issued Nature Bond on the London Stock Exchange, raising…
Chowdeck rolls out new vendor verification system after onboarding concerns
Chowdeck has rolled out a new Vendor Badges system and strengthened its vendor verification process following an investigation…
Flutterwave promotes 25% of workforce, expands employee benefits as it celebrates 10 years
African payments company Flutterwave has launched a global employee support programme that includes promotions, cost-of-living adjustments and one-time…
Bolt to block/report users who deliver hard drugs, weapons and illegal substances through its platform
Ride-hailing company, Bolt has warned users not to send drugs, weapons and other illegal goods and items through…
NIMC alerts Nigerians to fake NIN correction portal scam
The National Identity Management Commission (NIMC) has warned Nigerians against a fake online portal claiming to offer free…