ALO360

Monica Cash Expands in Nigeria’s Crypto Market With Automated Bitcoin-to-Naira Service

Fintech Launches Faster Digital Conversion Platform Monica Cash, a Nigerian fintech platform focused on digital asset solutions, has expanded its operations in Nigeria’s crypto market. It introduced an automated crypto-to-fiat conversion service to improve Bitcoin-to-Naira transactions. Meanwhile, the company said the new system delivers faster, safer, and more reliable exchanges. It also aims to reduce…

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Gumi

NNPC Warns Court Against Dangote Refinery Monopoly in Fuel Import Dispute

NNPC Opposes Dangote’s Legal Action The Nigerian National Petroleum Company Limited has asked the Federal High Court in Lagos to dismiss a suit filed by Dangote Petroleum Refinery. NNPC argued that granting the refinery’s requests could create monopoly control in Nigeria’s downstream petroleum sector. The company stated this in a counter-affidavit filed before the Federal…

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Nigerian AI Hackathon Showcases Student Innovation in Healthcare, Language and Accessibility

Twelve Teams Compete in National AI Finale Twelve student teams from across Nigeria gathered in Lagos for the grand finale of the Nigerian National AI Hackathon. DeepFunding and SingularityNET organised the event to spotlight locally driven artificial intelligence solutions. The competition focused on healthcare access, language inclusion, and assistive technology. The finale took place at…

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Africa Risks Becoming Raw Data Supplier in Global AI Economy – Experts Warn

Stakeholders Call for Urgent Investment in Data, Talent and Infrastructure Experts across Africa’s technology, finance, and infrastructure sectors have warned that the continent risks remaining a raw input supplier in the global artificial intelligence economy. They urged African countries to build strong ownership in data, talent, compute infrastructure, and funding systems. The warning dominated discussions…

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NCAA Suspends Debt Enforcement Against Domestic Airlines

Regulator Halts ‘No-Pay, No-Service’ Directive The Nigeria Civil Aviation Authority has suspended its “No-pay, No-service” directive against domestic airlines over unpaid statutory remittances. The regulator said it took the step to protect stability in Nigeria’s aviation sector. NCAA Director-General Chris Najomo announced the decision on Monday. He said officials reached it after wide consultations and…

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