NITDA–JICA iHatch Demo Day Awards $15,000 to Interface Africa, Strengthening Nigeria’s Startup Ecosystem Nigeria’s startup ecosystem received a major boost as the NITDA–JICA iHatch National Demo Day spotlighted promising early-stage startups and rewarded outstanding innovation with fresh funding and national recognition. At the event, Interface Africa emerged as the overall winner, securing a $15,000 top prize for its clean energy financing solution aimed at accelerating Nigeria’s transition to affordable and sustainable solar power. The Demo Day marked the conclusion of the 4th cohort of the iHatch accelerator programme, a joint initiative of the National Information Technology Development Agency (NITDA) and the…
Author: FinTech Today
EFCC Warns OPay on Stricter KYC, Anti-Fraud Compliance, Insider-Abuse Prevention The Economic and Financial Crimes Commission (EFCC) has issued a strong warning to leading fintech company OPay, urging the digital payments platform to significantly strengthen its Know Your Customer (KYC) processes, anti-fraud systems, and insider-abuse prevention mechanisms amid rising concerns over financial crimes in Nigeria’s fintech ecosystem. The warning comes as Nigerian authorities intensify oversight of mobile money operators and digital banks, following a surge in online fraud, identity theft, money laundering, and the misuse of fintech platforms by criminal networks. EFCC Raises Alarm Over Weak KYC Controls According to…
DStv Caught in Crossfire as Netand Paramount Battle Over Warner Bros. Deal By FintechToday.com Researcher – Updated December 2025 Introduction: A Global Streaming War Hits Africa DStv, Africa’s leading pay-TV platform owned by MultiChoice, has been thrust into an unetle that could reshape the future of its content lineup. The origin of this crisis is not just local negotiations, but a global competition between streaming giants Netflix and Paramount over the ownership of Warner Bros. Discovery — a vital content partner for DStv and its streaming arm Showmax. The outcome of this transcontinental tussle now carries serious implications for millions…
Google Maps Will Now Automatically Save Your Location Data – Why This Matters in Nigeria’s Security Crisis In December 2025, Google rolled out a major update to Google Maps: your real-time location will now be automatically saved and securely stored on your device, giving users faster access to their movement history and emergency-relevant information. While the feature was designed globally for travel convenience, navigation accuracy, and personalized recommendations, its impact in countries facing security challenges — especially Nigeria — is far more profound. With rising cases of bandit attacks, kidnappings, ambushes, rural raids, and Boko Haram activities, digital location tracking…
African Tech Trends in 2021 vs. Reality in 2025 — What Happened & What’s Next Introduction In early 2021, TechCabal outlined emerging technology trends expected to shape Africa’s digital economy — from FitnessTech and PropTech to Agritech and Femtech. Those predictions offered valuable signals for entrepreneurs, investors, and policymakers. Four years on, the continent’s tech ecosystem has matured in remarkable ways. Some 2021 trends have blossomed into major industries, others took unexpected paths, and new forces — such as AI, regulatory shifts, and ecosystem consolidation — now stand front and centre. This updated review takes the original 2021 forecast and…
Tech Trends That Will Influence Business in Nigeria in 2025 Introduction In 2021, Nigerian businesses were preparing for a digital evolution powered by artificial intelligence, cloud adoption, automation, and fintech innovation. Four years later, those predictions have not only materialized they have expanded into a new era of digital infrastructure, AI-driven efficiency, and advanced fintech capabilities. This 2025 update examines how those earlier forecasts unfolded, highlights the realities of today’s business environment, and identifies the technologies shaping Nigeria’s economic future. 1. Artificial Intelligence Becomes a Core Business Driver According Nairametrics In 2021, AI adoption was limited to basic chatbots…
Best Power Banks in Nigeria 2025 (Tested & Reviewed) Everyday & Value Picks 1. Oraimo Power Box 30000mAh Power Bank Great balance of capacity, price, and reliability — charges phones multiple times. Dual/Triple ports and LED torch for emergencies. Best for regular use without paying high premium. 2. itel Powerpulse 1 (30,000mAh) Large capacity with fast 22.5W charging and multiple outputs. Excellent value for Nigerians who need reliable long-lasting backup. A very popular local choice for phones & small tablets. 3. Baseus Elf 65W 20,000mAh Power Bank Fast laptop-grade 65W output with built-in USB-C cables. Great travel companion —…