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DHL Eyes Major Expansion with Acquisition of South African Logistics Firms.
Global logistics leader DHL is moving to expand its footprint in South Africa’s logistics sector by acquiring a cluster of local logistics companies that form part of the Vital Group network. The proposed deal would bring Vital Distribution, Vital Fleet, and Staffing Logistics under DHL’s umbrella, significantly strengthening its capabilities in one of Africa’s most…
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Nigerian Telecom Regulator Unveils New Identity Management System to Combat Fraud.
The Nigerian Communications Commission (NCC) has taken a major step toward strengthening digital security by introducing the Telecoms Identity Risk Management System (TIRMS) — a new identity management framework designed to curb fraud tied to mobile phone numbers and improve trust in Nigeria’s communications ecosystem. Phone numbers in Nigeria serve as more than just a…
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Mastercard bets on stablecoin with $1.8B BVN acquisition.
Mastercard has announced plans to acquire BVN, a fast-growing crypto payments infrastructure provider, in a deal valued at $1.8 billion. The acquisition signals Mastercard’s deepening commitment to stablecoin-powered payments and its broader strategy to bridge traditional finance with digital assets. BVNK, headquartered in London, specializes in enabling businesses to send, receive, and store stablecoins alongside…
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Transactworld unveils 24/7 settlement rail to solve liquidity delays
Transactworld Digital has unveiled Transactpay Ultra, a new payment infrastructure designed to deliver 24/7 automated settlements, marking a significant step forward for Nigeria’s financial ecosystem. The solution aims to eliminate the long-standing “holiday liquidity crisis,” a challenge that has repeatedly disrupted businesses and financial institutions during weekends and public holidays. In Nigeria’s current payment landscape,…
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A failed ticket purchase inspires a new startup idea
For many people, a failed online transaction is nothing more than a minor inconvenience. But for one entrepreneur, a frustrating attempt to buy a movie ticket became the foundation for a promising startup idea. It started on a busy Friday evening. Eager to catch a newly released blockbuster, the founder turned to an online ticketing…
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YouTube and Meta ruled responsible for creating addictive products
In a landmark verdict, a jury has found tech giants YouTube and Meta guilty of designing products that intentionally promote addictive behavior among users. The decision marks a significant moment in the global conversation around social media, user safety, and corporate responsibility. The trial focused on evidence suggesting that both companies engineered their platforms to…
