Google, TikTok, LinkedIn Shut Down 28 Million Fraudulent Accounts Linked to Nigeria — NITDA By Ndefo Onyekachukwu | November 25, 2025 The scale of online fraud in Nigeria is staggering – and the numbers are out. Kashifu Abdullahi, Director-General of the National Information Technology Development Agency (NITDA), revealed on Monday that Google, LinkedIn, and TikTok deactivated over 28 million accounts in the past year, many linked to Nigerian users involved in scams, impersonation, and harmful content. Speaking at a symposium on digital innovation and crisis communication in Abuja, Abdullahi called the figures “outrageous,” especially for LinkedIn, which shut down nearly…
Author: FinTech Today
Transcorp, UACN, and Unilever: Who’s Really Delivering Value to Shareholders in 2025? By Ndefo Onyekachukwu | November 25, 2025 Three of Nigeria’s biggest conglomerates – Transcorp, UACN, and Unilever – have just dropped their Q3 2025 results, and the numbers tell a clear story. Transcorp’s shares are down 6% year-to-date, while UACN and Unilever are up a whopping 143% and 119%. Even in November’s rough market, UACN gained 15%, hitting a ₦223 billion market cap. Transcorp lost 18%, and Unilever dipped 6.5%, landing at ₦416.6 billion and ₦413.6 billion, respectively. Transcorp still leads in market cap, but UACN and Unilever…
Quantum Computing’s Transformative Impact on AI: Unlocking the Next Era of Intelligence in 2025 and Beyond Quantum computing and artificial intelligence (AI) are no longer distant sci-fi concepts—they’re converging to redefine what’s possible. In 2025, as global AI spending surges past $2 trillion, quantum tech is emerging as the accelerator that could supercharge AI’s capabilities, from faster training to solving unsolvable problems. But this fusion isn’t hype; it’s grounded in real breakthroughs like Google’s quantum supremacy milestones and hybrid systems that promise 99% reductions in AI’s energy demands. For African fintech like Moniepoint or PalmPay, this could mean quantum-optimized fraud…
AI Industry Enters 2026 With Caution as Growth Frenzy Meets Hard Questions After three years of wild growth and trillion-dollar valuations, artificial intelligence enters 2026 with a mix of excitement and caution. Global AI spending is forecast to hit $2 trillion next year, per Gartner, as governments and corporations scramble to deploy these technologies. But bubble fears are mounting, with investors eyeing tech titans like Apple, Microsoft, Google, Amazon, Nvidia, and startups like OpenAI for signs of overheat. SoftBank and Peter Thiel dumped Nvidia shares in mid-November, reigniting debates on inflated prices. Google’s Sundar Pichai warned, “No company is immune,”…
Moniepoint Inc. Sweeps 3 Major Awards in 2025 – Now Officially Africa’s Most Decorated Fintech Moniepoint Inc. is having the kind of year that makes competitors sweat. In one week, the Nigerian-born fintech unicorn picked up three heavyweight awards that basically say: “We are not playing.” Best SME Microfinance Bank of the Year – Business Day BAFI Awards 2025 (Back-to-back win – they also took it in 2024) Largest Non-FI Acquirer in Africa – Mastercard EDGE 2025 (held at Atlantis The Royal, Dubai) Most Outstanding Fintech Company of the Year – Brandcom Awards 2025 (The judges literally called it the…
OPay Wins Two Major Awards for Financial Crime Prevention & Compliance Excellence at 2025 GRC Awards OPay just bagged two big awards at the 2025 GRC & Financial Crime Prevention Awards – recognition for outstanding performance in governance, risk management, compliance, and fighting financial crime. In their own words: “These awards reaffirm our leadership and dedication to building a secure, transparent, and trusted financial ecosystem for millions of Nigerians.” The company says the wins are proof that their heavy investment in anti-fraud tech, strict compliance systems, and proactive risk management is paying off – and keeping customer money safe. Elizabeth…
MTN MoMo Partners with Thunes – Nigerians Can Now Receive Money from Abroad Instantly If you have family in the UK, US, Canada, or even Saudi Arabia, this one is for you. MTN MoMo just signed a big deal with Thunes (a global cross-border payment company) so that any of MoMo’s 2.7 million Nigerian users can now receive money from abroad straight into their MoMo wallet – instantly. No more waiting 2–3 days, no more crazy bank charges, no more “we’ll credit you tomorrow” stories. The money lands in your MoMo wallet the moment it’s sent. You can use it…