Bolu Abiodun

Nigerian banks are grappling with a troubling rise in insider fraud, as reports from Q2 2024 reveal a 23.4% increase in staff involvement in fraudulent activities compared to the previous quarter. According to the latest FITC report, the number of cases involving bank employees jumped from 47 in Q1 to 58 in Q2. The surge has led to the termination of 49 employees during the period, a 40% rise from Q1’s figure of 35 terminations.

Bitmama now joins a growing list of fintechs that have paused or suspended card services. In September this year, Nigerian investment startup

Chinese eCommerce company Temu is now the most popular app in Nigeria's Google Play Store and Apple App Store. The app is now the most downloaded in recent days garnering over 500 million downloads on the Andriod store.

Only 3.1% of finance professionals in Nigeria earn above ₦1 million in a month in 2024. 22% have relocated in the past five years for better financial stability.

From Bumpa to Shopify and even Flutterwave and Paystack storefronts, there are a number of platforms that can help small businesses get online. These platforms have added benefits like logistics, payments, and credit.

From Bumpa to Shopify and even Flutterwave and Paystack storefronts, there are a number of platforms that can help small businesses get online . These platforms have added benefits like logistics, payments, and credit.

If you're feeling FOMO after bitcoin crossed $100k, here are five low-value cryptocurrencies you can buy to make money from the crypto bull run.

Interest in cryptocurrencies has increased significantly over the years. In 2018, there were 18 million identity-verified crypto wallets worldwide; in 2024, that number grew to 617 million.

Binance has received $23 billion in deposits so far in 2024, $3 billion less than the $26 billion authorities claim it made from Nigeria alone in 2023.

Nigerian drone company Terrahaptix will begin exporting to South Africa to support mining activities in the mineral rich country. 21-year old Co-founder Nathan Nwanchuckwu also shared that the company has crossed its $1.6m revenue target