Accelerex, one of Africa’s leading fintech companies, has announced the launch of its groundbreaking “Pay with Fingerprint” solution. This solution, the first to be deployed on Point of Sale (PoS) terminals in Nigeria, allows bank account holders to make secure and convenient payments at merchant locations using their fingerprints on biometric-enabled PoS devices.
Pay with Fingerprint…
Zedcrest Acquires RMB Nigeria Stockbrokers Ltd in a Deal Valued at ₦400 Million
July 6, 2024
Zedcrest, a Nigerian investment firm specializing in debt and equity capital markets, has acquired RMB Nigeria Stockbrokers for an estimated amount between ₦400 million and ₦420 million, as reported by a source close to the transaction.
The acquisition comes as Zedcrest…
The Nigerian Communications Commission is set to mandate telecommunication firms to attend to their customers within 30 minutes of arriving at any customer care center in the country.
This is based on a new document titled, ‘Draft Quality of Service Business Rules,’ on…
Music streaming giant Spotify was on Tuesday fined 58 million kronor ($5.4 million) for not properly informing users on how data is collected on them was being used, Swedish authorities said.
Spotify said it planned to appeal the decision.
The Swedish Authority for Privacy Protection (IMY) said it had reviewed “how Spotify handles customers’ right of access to their personal…
The Head of Media Relations Management, Nigeria Communications Commission, Dr Omoniyi Ibietan, has announced the release of his book on cyber politics.
According to a statement, the book titled, ‘Cyber Politics: Social Media, Social Demography and Voting Behaviour in…
Telecommunication firms have begun to phase out old Unstructured Supplementary Service Data shortcodes for new harmonised ones as directed by the Nigerian Communications Commission.
With this move, famous USSD codes such as *556# are now outdated. Customers of MTN Nigeria…
The World Intellectual Property Organisation and United Nations Development Programme in collaboration with the Nest Innovation Hub, have stated that a robust Intellectual Property system will boost creativity, innovation and sustainable development.
The agencies stated this at a forum, themed ‘Intellectual Property and Development: Creative Ecosystem Conversation,’ which was held recently in…
The Federal Government is reportedly set to proceed with its implementation of a five per cent excise duty tax on mobile telephone services, fixed telephone, and Internet services.
This is despite a recent communication by the Minister of Communications and Digital Economy…
Women are less likely than men to use mobile money services, GSMA has stated.
According to the global body of telecommunication firms, the reason for this includes not owning a mobile phone, not being aware of mobile money, not perceiving the relevance of mobile money, and…
A telecommunications company, 9mobile, on Tuesday, said it has invested N70 billion in its ongoing network modernisation.
The Chief Executive Officer of 9mobile, Juergen Peschel, in a statement, during its annual Channel Partners Conference held recently in Lagos said additional 600 new sites, equipped with 4G LTE facilities would be deployed alongside the new broadband services to enlarge its…