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Uganda scraps separate tax number, adopts NIN as single taxpayer identity
October 11, 2026
Uganda’s Cabinet has approved the use of the National Identification Number (NIN), issued by the National Identification and Registration Authority (NIRA), as the country’s Tax Identification Number (TIN) going forward,…Read More
SEC proposes tough new regulations for online forex and CFD trading, with ₦1m penalty per affected client
October 11, 2026
Nigeria’s Securities and Exchange Commission (SEC) has proposed new rules for online foreign exchange (forex) and Contracts for Difference (CFD) trading. These rules would require companies to obtain licences, meet…Read More
OPay: We are not shutting down, over 7,000 staff still working in Nigeria
October 11, 2026
OPay has publicly denied rumours that it is shutting down or taking an indefinite break in Nigeria. The company stated that its services, merchants, employees, and physical offices are fully…Read More
FlexPay’s fall: Customer complaints, delayed refunds and a $242k theft allegation
October 11, 2026
Long before Kenya’s Directorate of Criminal Investigations (DCI) arrived in Roysambu to arrest the two directors of Flexitech Group Limited, many customers were already expressing their frustrations. Back in July,…Read More
How pricing, competition forced Uber’s shut down in Nigeria after 12 years
October 11, 2026
Uber, the first ride-hailing company in Nigeria, has shut down its services in the country. The sudden news, which began as something of a rumour, quickly spread like wildfire, with…Read More
Data needs water!
October 11, 2026
Kenya to deactivate phone numbers inactive for 3 months from September 19
October 11, 2026
Kenyan authorities have announced that a cell phone number will be deactivated and recycled if it has no record of activity for three (3) months. The development will take effect…Read More
Inside OPay’s town hall: Trust, legal threats and the ₦1.2 billion education story most people missed
October 11, 2026
A certain kind of unease fills a room when a company like OPay has to publicly defend itself. That was the scene at Providence Hotel in Ikeja on Wednesday, where…Read More
Anchor Marks Four Years of Building Financial Infrastructure Across Africa
October 11, 2026
Anchor, the financial infrastructure platform enabling businesses to build and launch banking and payment products via APIs, today celebrates its fourth anniversary. Since launching to solve the fragmented process of…Read More
Breaking: inDrive pledges long-term commitment to Nigeria after Uber’s exit
October 11, 2026
Taxi-hailing company inDrive has confirmed its long-term commitment to the Nigerian market, insisting that it is here to stay. This disclosure, delivered in response to a Technext query, comes hours…Read More
How a failed FCMB access attempt highlights insider threats in banks
October 11, 2026
An alleged insider attempt to sell bank-access credentials has drawn attention to one of the financial industry’s hardest cybersecurity risks: stopping people with knowledge of internal systems before they can…Read More
HP and UpSkill Universe launch free AI training for 55,000 SMEs in Nigeria and South Africa
October 11, 2026
HP and UpSkill Universe have launched the AI Skills for Business Programme, a free initiative that will train 55,000 small and medium-sized enterprises across Nigeria and South Africa to use…Read More