LOTUS bank, a non-interest and ethical financial institution, has bagged the BusinessDay ‘Best Ethical and Financial Inclusion Bank’ of the year award. Its Acting Managing Director, Dr Isiaka Ajani-Lawal, said in a statement on Monday, in Abuja that the award was given at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) awards. According to […]
YOUTH IN TECH: How Julian Duru Rose Without Fraud and Retired at 28 from Moniepoint with Over ₦1.3 Billion TEC News | Lagos, Nigeria In an era where tech-savvy youth are often lured by fast money and internet fraud, the story of Julian Duru, a 28-year-old Nigerian software engineer who just retired from Moniepoint, […]
TEC NEWS REPORT NIN Responds to MultiChoice’s 50% Decoder Price Cut, Demands Subscription Reform and Customer-Centric Pay-TV Policies Abuja, Nigeria – June 28, 2025 The National Interest Network (NIN), a prominent civil society organization advocating for public welfare and economic justice, has issued a powerful open letter to MultiChoice Nigeria, calling for urgent […]
TEC News …Revealing It All. MultiChoice Slashes DStv Decoder Price by 50%, Launches Free Upgrade Promo Amid Subscription Decline TEC News! Lagos, Nigeria – June 25, 2025 | MultiChoice Nigeria has announced a significant 50 per cent reduction in the price of its DStv decoder, dropping the cost from ₦20,000 to ₦10,000. The company says […]
Lebara Nigeria Debuts in Telecom Sector with 0724 Number Series, Pioneering Transparent Voice Bundles TEC News! Lagos, Nigeria – June 25, 2025. A new player has entered Nigeria’s competitive telecommunications sector as Lebara Nigeria formally rolled out its dedicated 0724 number series, signaling the company’s official launch in the country. The announcement, […]
Governor Sanwo-Olu Appoints President Tinubu’s Daughter as Market Council Chair Amid Renewed Political Ties TEC News! Lagos State Governor, Babajide Sanwo-Olu, has appointed Folashade Tinubu-Ojo, the daughter of President Bola Ahmed Tinubu, as Chairperson of the newly reconstituted Lagos State Market Advisory Council. The appointment, announced during the council’s official inauguration, is generating interest […]
Banks increases Customers Alert Charges TEC News! Following the recent upward adjustment in telecommunications service rates as approved by the Federal Government, Bank customers in Nigeria will begin paying N6 for each SMS transaction alert starting Thursday, May 1, 2025. The new fee represents a 50 percent increase from the previous N4 charge […]
Financial Crime: EFCC Picks on Bank Personnels Serving as Informants to Fraudsters TEC News! The Economic and Financial Crimes Commission (EFCC) has picked on account officers , cautioning against encouraging internet fraudsters to commit fraud through multiple account creation or alerting their customers that they are under investigation by the EFCC and that […]
CBEX: Court Gives Order to Arrest 6 Promoters Over 1 Billion dollars Fraud TEC News! 25th April, 2025. The Economic and Financial Crimes Commission, EFCC has been given the permission by the Federal High Court in Abuja on Thursday to arrest and detain six […]
CBEX Payment Begins Tomorrow, Official Tells Investors TEC News! 15 April, 2025. Despite empty wallets, investors of CBEX Ponzi Scheme have been told to expect payment tomorrow by the officials. Although investors suddenly see zeros as their account balances in the CBEX wallets, insiders have […]