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MTech News, Ibadan (2026)

13/02/2026

🚀
BIG NEWS: Huawei is Now #1 in the Smartwatch World! 🚀

The tech world just saw a massive shift! In 2025, Huawei officially became the global leader in smartwatch sales, finally edging out Apple to take the top spot. 🏆

For years, Apple was the undisputed king, but Huawei’s incredible growth—especially a 52% jump in shipments—has changed the game. Whether you are a fitness fanatic or just want a watch that looks cool, here is why Huawei is winning hearts (and wrists) everywhere:

✅ Battery Life that Lasts Weeks, Not Hours: While most high-end watches need a charger every night, Huawei’s Watch GT series can last up to 21 days on a single charge! No more "low battery" anxiety. Check out the Watch GT 5 Series on Huawei's Official Store.

✅ A Watch for Every Budget: From the stylish and affordable Fit 4 to the luxury Watch Ultimate, Huawei offers something for everyone. Apple focuses on the premium price tag, but Huawei gives you high-tech features at every price point.

✅ Works with Everyone: Unlike Apple Watches, which only work with iPhones, Huawei watches play nice with both Android and iOS. You don’t have to switch your phone just to get a great watch! See compatibility details on the Huawei Support Page.

✅ Advanced Health Tech: Huawei is pushing the limits with medical-grade features. The Watch D2 can actually monitor your blood pressure throughout the day, making it a literal lifesaver for many. Learn about the Watch D2 at Huawei Global.

✅ Premium Design: With materials like titanium, ceramic, and sapphire glass, these watches look like high-end jewelry but perform like pro-level sports gear.

The Numbers Don't Lie:

In mid-2025, Huawei grabbed a 21% global market share, leaving Apple at 17%. While Apple is still huge in the US, Huawei is dominating the rest of the world and the massive Chinese market.
Is it time for you to make the switch? Or are you sticking with your Apple Watch? Let us know in the comments! 👇

11/02/2026

🚀
Huge News for the Tech World: Google’s $32 Billion Deal Gets the Green Light!

The tech industry just witnessed a major milestone. The European Commission has officially cleared Google (Alphabet Inc.) to move forward with its acquisition of the Israeli-founded cybersecurity unicorn, Wiz, for a staggering $32 billion.

This isn't just another business deal—it is a historic moment for several reasons:

🔹 Google’s Biggest Purchase Ever

At $32 billion, this is more than double the price Google paid for its previous record acquisition, Motorola Mobility ($12.5 billion) back in 2012.

🔹 A Win for the "Unicorn" Wiz

Founded only in 2020 by Israeli entrepreneurs, Wiz has grown at a lightning pace. It reached $100 million in annual revenue within its first 18 months and now serves 50% of the Fortune 100. This deal marks the largest-ever buyout of an Israeli-founded tech company.

🔹 Why Does This Matter?

The EU’s unconditional approval means they found no competition concerns within the European Economic Area. Regulators noted that even after this deal, customers still have "credible alternatives" like Microsoft and Amazon, and that Google’s market share in cloud infrastructure still trails behind these giants.

What does this mean for businesses and users?

• Enhanced Security: Google is supercharging its Google Cloud Platform by integrating Wiz’s leading "cloud-native application protection platform".

• Multi-Cloud Choice: One of Wiz’s biggest strengths is that it works across all major clouds—including AWS and Azure. Google has committed to keeping these products accessible across all platforms, ensuring businesses don't get "locked in".

• Economic Impact: For Israel, the deal is expected to inject billions in tax revenue into the national coffers.

As AI adoption continues to explode, the need for robust cloud security has never been higher. By bringing Wiz into its ecosystem, Google is positioning itself as a dominant force in the fight against modern cyber threats.

The Road Ahead

While the US and EU have given their blessings, the deal still awaits final approvals in a few other countries like Turkey and South Africa. However, with the biggest hurdles cleared, the path to closing this historic transaction this year looks very clear.
What do you think about this massive acquisition? Will it help Google Cloud finally catch up to its rivals? Let’s discuss in the comments! 👇

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10/02/2026

HEADS UP: Is your WhatsApp AI giving you the right advice? 📱🤖

We need to have a serious talk about something that’s landing in your pockets right now. If you use WhatsApp, you’ve probably noticed that new colorful circle at the top of your chats—the Meta AI. It’s fun, it’s fast, and it can write a poem or plan a trip in seconds. But behind the scenes, there is a massive debate happening that affects your privacy and, more importantly, your health.

European regulators are currently putting a lot of pressure on Meta (the company that owns Facebook, Instagram, and WhatsApp).

Why? Because they are worried about how these AI "chatbots" handle your data and whether they are actually safe to use.
At the same time, new scientific studies are sounding the alarm: AI-provided medical advice can be dangerous.
Here is everything you need to know about why the experts are worried and what you should watch out for.

🇪🇺 Why European Regulators are Stepping In

Europe has some of the strictest privacy laws in the world (you might have heard of GDPR). They don’t just let tech companies launch whatever they want without checking the safety first. Currently, they are looking closely at WhatsApp’s AI for a few big reasons:

✅ Data Privacy: Regulators want to know exactly what Meta is doing with the messages you send to the AI. Is the AI "learning" from your private secrets? Meta says they protect privacy, but Europe wants proof before millions of people share sensitive info.

✅ The "Right to Object": In Europe, citizens have the right to say "No" to their data being used to train AI. Regulators are making sure Meta makes it easy for you to opt out, rather than hiding the settings in a complicated menu.

✅ Misinformation Risks: Governments are worried that AI chatbots might spread "hallucinations"—which is a fancy word for when an AI confidently lies to you. If an AI tells you a fake news story or wrong legal advice, who is responsible?

🏥 The Big Danger: AI and Your Health

While privacy is a big deal, your health is even more important. A lot of people have started using WhatsApp AI or ChatGPT as a "pocket doctor." It’s tempting! You have a rash or a headache, and instead of waiting weeks for a doctor’s appointment, you ask the AI.

However, recent studies have shown some terrifying results regarding AI and medical questions. Here is why you should be careful:

✅ Inaccurate Dosages: Studies found that when asked about medication, AI sometimes suggests the wrong dose. Even a small mistake in dosage can be toxic or lead to serious heart issues.

✅ Missing the "Red Flags": A real doctor looks at your skin color, listens to your breathing, and asks about your family history. An AI only looks at the words you type. It might tell you that your chest pain is just "indigestion" when it’s actually a warning sign of a heart attack.

✅ Outdated Information: AI models are trained on data from the past. Medical science changes every single day. The AI might suggest a treatment that doctors stopped using two years ago because it was found to be unsafe.

✅ Confident Errors: This is the scariest part. AI doesn't say "I don't know." It gives you an answer that sounds very professional and smart, even when it is completely wrong. This gives users a "false sense of security."

🛡️ How to Use AI Safely

Does this mean you should delete WhatsApp or never use the AI? Not necessarily. It’s a tool, and like a kitchen knife, it’s useful if you know how to handle it, but dangerous if you’re careless.

If you’re going to use AI chatbots, follow these simple rules:

✅ Treat it like a "Brainstorming Buddy," not an Expert: Use AI for things like writing emails, summarizing long articles, or getting ideas for dinner. Never use it for legal, financial, or medical "facts."

✅ Double-Check Everything: If the AI gives you a fact, Google it. Check a trusted source like the NHS, Mayo Clinic, or a government website.

✅ Protect Your Identity: Never type your ID number, your home address, or your bank details into a chatbot. Once that information is "fed" into the AI, it’s very hard to get it back.

✅ See a Human Doctor: If you are feeling sick, please go to a clinic. An algorithm cannot replace seven years of medical school and decades of human experience.

💡 The Bottom Line

We are living in an era of "Move fast and break things," but when it comes to our health and our privacy, we can't afford for things to break. European regulators are doing the hard work of holding big tech companies accountable, but at the end of the day, the final line of defense is YOU.

Be smart, be skeptical, and don't let a chatbot make your life-and-death decisions.

What do you think? Have you tried the new WhatsApp AI yet? Do you trust it to give you advice, or do you think the government should ban it? Let’s talk in the comments! 👇

10/02/2026

🚀
Cisco Just Changed the AI Game! 🚀

Big news for the tech world! Today at the Cisco Live EMEA event in Amsterdam, Cisco officially pulled back the curtain on its newest breakthrough: the Silicon One G300 AI chip.

As Artificial Intelligence (AI) grows, our data centers are struggling to keep up. Traditional chips just weren't built for the massive "agentic" workloads and gigawatt-scale clusters we see today. But Cisco’s new hardware is designed specifically to fix that!
Here is why this is a massive deal for businesses and tech enthusiasts:

✅ Incredible Speed: The new Silicon One G300 offers a whopping 102.4 Tbps switching capacity. That is enough power to handle even the most demanding AI training and real-time tasks without breaking a sweat.

✅ Faster Results: Thanks to a new technology called Intelligent Collective Networking, this chip can help AI jobs finish up to 28% faster by automatically rerouting data around network traffic jams in microseconds.

✅ Huge Efficiency Gains: When used in Cisco’s new 100% liquid-cooled systems, these chips can improve energy efficiency by nearly 70%. This is a huge win for companies looking to go green while saving on massive power bills.

✅ Better Network Use: The chip uses a massive 252MB packet buffer—acting like a "shock absorber" for data—which helps increase network utilization by 33%.

✅ Future-Proof Design: Because these chips are P4 programmable, companies can update their hardware with new features through software instead of having to replace the entire physical system every few years.

✅ Ultra-High Bandwidth: Alongside the chips, Cisco introduced new 1.6T optics, providing ultra-fast connections between servers and switches to eliminate bottlenecks.

✅ Smarter Management: With the new Nexus One management plane, IT teams can now manage their entire AI network (on-prem or in the cloud) from one simple place.

✅ AI-Powered Security: Cisco also updated its AI Defense and SASE solutions to keep these fast-moving AI "agents" safe from hackers and manipulation.

This isn't just about faster internet—it is about building the foundation for the next generation of AI that will power our lives. Whether you're a small enterprise or a massive cloud provider, Cisco is making sure you have the tools to scale safely and efficiently.

What do you think about these massive speed jumps? Is your business ready for the AI era? Let us know in the comments! 👇

22/12/2024

CBN TO IMPOSE FINE ON ANY BANK THAT IS SELLING MINTED NOTES TO THE RESELLER

Following the Central Bank’s directive on Tuesday restricting cash payments, bank point-of-sale (POS) agents in Lagos are exploring ways to cope with the changes, mainly by increasing withdrawal fees.

On Tuesday, the CBN set a daily limit of 1.2 million for POS agents and capped withdrawals at 100,000 per customer. It is the latest attempt to rein in POS agents, who have become a crucial source of cash since the CBN-orchestrated cash crunch in 2023. The new rules threaten to reshape the bank agent business model.

The decision surprised us, says Semiu Ajayi, a POS agent in Gbagada, Lagos, who only increased my withdrawal charges. The French used to charge 4,000 for a withdrawal of 100,000 but now costs 6,000 or more. Ajayi’s response suggests that outlet operators are passing on the cost of the reduced activity to customers.

Point of sale agents across Nigeria face similar challenges. Key players in driving Nigeria’s financial inclusion, POS agents have seen their customer base grow as Nigerians have struggled to access money through traditional banking channels such as ATMs and banking services.

The high demand for cash through these agents is linked to the failure of a monetary review in 2023, which led to a prolonged cash shortage. POS agents, who often receive money from informal channels such as supermarkets and petrol stations, have become essential intermediaries in the cash distribution process.

However, critics accuse brokers of charging high fees while others say brokers are encouraging reliance on cash, undermining the CBN’s goal of a cashless economy.

The new CBN directives that will put 2 million officers under pressure appear to be aimed at curbing the influence of these officers. While CBN supporters argue that the new policy will reduce fraud and promote a cashless economy, many brokers believe it will slow down customer traffic.

How will we survive under this new CBN policy? asks Shade Raheem, a point-of-sale agent in Ikeja. they just want to push customers to banks.

Many POS operators believe they can adapt and innovate to the new rules.

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17/12/2024

CBN IS READY TO IMPOSE FINE ON COMMERCIAL BANKS THAT ARE SELLING MINTED NOTES TO CURRENCY RE-SELLER

The Central Bank of Nigeria (CBN) has imposed a $150 million fine on savings banks and financial institutions caught selling freshly minted notes to foreign exchange dealers. Details of the fines are contained in a circular seen by TechCabal on Friday. The measures are introduced at a time when Nigeria faces chronic cash shortages, making it difficult for customers to obtain cash at ATMs and in-store.

"The CBN has discovered and regretted the fraudulent flow of newly minted notes to foreign exchange dealers and other unscrupulous economic operators who commercialize naira notes, thereby hindering efficient and effective cash distribution to bank customers and the public," the circular said on December 13.

The cash crisis began with the CBN's controversial currency redesign policy in late 2022. The policy was aimed at curbing counterfeit currency and "reducing non-bank cash." An unintended consequence was a cash shortage, which led to widespread frustration among citizens who could not access cash at banks or ATMs.

The shortage continued long after the currency redesign was put on hold, leading to a surge in demand for cash through alternative channels, such as POS agents who sourced banknotes from informal traders such as supermarkets and gas stations.

Apart from POS agents, currency dealers who purchase new notes from banks and resell them at parties and events at a markup are also believed to have exacerbated the problem. A publication recently reported that POS agents are selling newly minted notes in crowded markets in Lagos, exacerbating the dire situation.

According to sources, at least two major commercial banks in Lagos have stopped issuing newly minted notes over the counter since Wednesday.In response to the new fine, significant steps are already being taken by some banks in order to comply with the directive of CBN.

"Any errant deposit-taking bank or financial institution that by direct act or omission facilitates, aids or abet the illegal circulation of newly minted notes to foreign exchange dealers and unscrupulous economists who commercialize naira notes will be fined N150 million. Penalties will be imposed for each offending branch at first instance and the stringency of the relevant provisions of BOFIA 2020 will be applied at subsequent instances," the CBN statement said.

It is unclear whether the fines on unminted notes will solve the systemic problem of cash-intensive companies selling notes to POS merchants, thereby bypassing banks. This will ultimately lead to a decline in banks' cash holdings.

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14/12/2024

AFRICAN BASED BROADBAND COMPANY ,TIZETI WANTED TO BE LISTED ON NIGERIA STOCK EXCHANGE

Tizeti, a Y Combinator-backed internet service provider with operations in Nigeria, Togo and Cotd'Ivoire, is set to list on the Nigerian Exchange (NGX), two years after it first announced its ambitions to become a public company. The initial public offering (IPO) will allow Tizeti to raise capital from a wider range of investors and provide an exit opportunity for early investors at a time when venture capital activity is still subdued.

Raising capital in naira will help the 11-year-old company avoid the pressure of having to generate venture capital-level returns, a daunting task given the devaluation of the naira and a slowing economy.

" We will announce more information about the IPO soon," Temitope Osunrinde, vice president of marketing at Tizeti Networks, said, without disclosing a timeline for the IPO. The IPO would be a big win for NGX, which has been trying unsuccessfully to convince Nigerian startups to list on the stock exchange.We have kicked off this journey, but are now focused on launching our fiber broadband service.

African startups often choose to list on foreign exchanges such as the New York Stock Exchange. But some startups have experienced the unforgiving nature of these markets.

After e-commerce giant Jumia launched its initial public offering (IPO) in 2019, the company's shares traded around $14.50 but quickly bounced back. Today, the company's shares trade at $4.64 and its market capitalization of $469 million is less than half of its heyday of around $2 billion. Nasdaq-listed Swvl Holdings' share price also fell from about $247 per share in 2021 to $6.34 in 2024.

With few successful overseas IPOs by African startups, industry insiders like Iyin Aboyeji believe startups should consider listing on NGX after achieving annual recurring revenue (ARR) of more than $1 million.

"They need to think carefully about why and from whom they need to raise Series A. Raising a Series A from a fund that can't fund it to a global IP"
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13/12/2024

JUMIA INTEGRATES PALMPAY INTO THEIR CHECKOUT PAGE IN OTHER TO ALLOW CUSTOMER TO EXPERIENCE FAST CHECKOUT

Palmpay, a Nigerian fintech app, has entered into a strategic partnership with Jumia to allow Palmpay customers to pay for products on Jumia directly from their accounts.

The partnership comes as Nigerian fintech companies continue to develop payment methods for bank payment capabilities.Internet remittances accounted for 51.91% of all electronic payment transactions in the first half of 2024,data from Central Bank of Nigeria revealed this.

"We are working with over 100 partners on this online payment solution," a Palmpay spokesperson said at a press conference on Wednesday. As bank transfers remain an easy payment option for users, Palmpay is developing these payment methods for its 35 million customers. In 2023, remittances accounted for 45% of online retail payments.

The partnership comes five months after Jumia hired former PalmPay employee Anthony Mbagu as head of the Nigerian division of fintech firm JumiaPay. PalmPay is one of JumiaPay's biggest competitors, according to Jumia's 2023 filing. "By integrating PalmPay, we are giving our customers more options to get quality goods at affordable prices with the convenience of cashless transactions," said Sunil Natraj, CEO of Jumia Nigeria.

The partnership with Jumia, which recorded 2.6 million orders (up 18% from 2023) during its month-long Black Friday campaign, offers fintechs an opportunity to increase their payment margins. The fintech eliminates the fees that card processors like Verve charge per transaction by allowing customers to pay directly from their accounts.

Palmpay entered the Nigerian market in 2019 with $40 million in seed funding from Transsion Holdings and rose to prominence in 2023 as a liquidity crunch led Nigerians to turn to fintechs as traditional banks struggle to keep up with the surge in online transactions.

"This strategic partnership fits perfectly with our shared commitment to providing customers with a great user experience and exceptional value," said Sophia Zabu, chief marketing officer at Palmpay

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10/12/2024

THE BEST BLACK FRIDAY IN THE HISTORY ONE OF THE BIGGEST E-COMMERCE GIANTS IN AFRICA JUMIA HIT ANOTHER MILESTONE IN BLACK FRIDAY SALES

Say what you will about the macroeconomic conditions and consumer spending power in Africa, but everyone loves a Black Friday deal and e-commerce giant Jumia understands this. During its month-long Black Friday 2024 campaign, which saw discounts of 20-70% on phones, fashion and lifestyle items, the company generated 2.6 million orders . This is an 18% increase over its Black Friday 2023 campaign. This increase came even though Jumia now operates in nine markets, two fewer than in 2023. 1.8 million Jumia customers participated in Black Friday this year, 9% more than in 2023 . Jumia says it has distributed “more than a million catalogs and thousands of community radio campaigns to reach new and existing customers.” Although the company did not disclose the value of these orders, it is a positive increase after a third quarter in which the value of orders — $162.9 million — remained largely stable. “We have the right strategy and the right team in place to drive e-commerce adoption and serve Africa’s growing consumer base while driving profitable growth,” Jumia CEO Francis Dufay told investors in a filing with DRY. The company’s share price briefly rose to around $12 in July, but he said. since stabilizing around $3.98 a share. It’s hard to ignore the elephant in the room, though: currency devaluation Egypt and Nigeria, two of Jumia’s main markets, have experienced devaluation and volatility over the past year, making aggressive growth necessary if the company is to grow in U.S . dollar terms. “GMV, at constant exchange rates, grew 33% year-on-year,” Jumia’s report said. But in the stated currency, it only increased by two percent

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22/11/2024

EX-JUMIA CEO, WANTS TO BRIDGE GLOBAL TALENT GAP, JADA AI START-UP BACKED

AI talent is in demand across the globe. But Africa has yet to fully tap into its potential to produce such AI experts. Despite the continent's large young population, it is often limited to menial AI tasks such as data annotation and labeling.

JADA is a placement-focused data and analytics talent center founded in 2024 by former Jumia Nigeria CEOs Massimiliano Spazzi and Olumide Soyombo. They want to change that. The startup has raised $1 million from Soyombo, Spallazzi, co-founders of Bluechip Technologies and Voltron Capital, and other investors. "We're very focused on getting AI talent from Africa. Talent from Africa that can build for the world," says JADA founding partner Soyombo.

JADA offers its clients two things. One is access to a larger talent pool in regions where they don't typically hire employees, without taking on hiring responsibility.

The startup selects and trains data professionals with at least two years of experience in data and analytics, machine learning, AI, or generative AI.

JADA is entering the market at a time of a global AI talent shortage. According to Google's Data & AI Trend Report 2024, 54% of digital leaders in these fields suffer from a skills shortage .Trainees will receive a stipend during the program, but the company declined to disclose exact figures. JADA aims to train over 100 professionals annually in various groups, each for four months,The program would be headed by Piero Trivellato (CEO) and Azeez Busari (VP of Operations),

JADA Leaders: Piero Trivellato, with over 10 years of experience in senior roles in data and AI and management consulting at McKinsey & Company, and Azeez Busari, with over 13 years of experience building data and AI platforms for companies such as Amazon, Avast, and the NHS in the UK. Image credit: FourthCanvas / Olamid Fawole. "We are building an academy focused on selecting and developing world-class talent," said Trivellato, who has 10 years of experience in data, AI and management consulting at McKinsey & Company. "Our goal is to bridge the data and AI talent gap by identifying and training professionals who can competently support companies in their data and AI transformation," said Busari. The startup, which operates in Lagos and has begun selecting its first group, claims that commercial considerations led to the decision to prioritize experienced data analysts and scientists.

". In order to select candidates for each cohort, JADA conducts a highly selective selection process using AI-powered algorithms. Candidates are first screened based on their profile, followed by technical and non-technical assessments.Finally successful candidates undergo a cultural fit interview and comprehensive background check. The most promising candidates are invited to participate in case studies and live presentations.Most clients complain that inexperienced candidates lack the skills to get the job done. But the path to growth is to find talent that can deliver projects that generate significant cash flow and invest in the pipeline," Soyombo said

JADA's revenue model is based on projects commissioned by its clients, and it serves companies primarily in Europe and the Middle East. The company will compete with software outsourcing companies around the world, especially those focused on AI and data talent.

"We have advantages in cost, language, geography and talent," Spazzi said. The company is currently recruiting in Nigeria but plans to expand to meet client needs. "Our geographic expansion will also be based on where our clients are located, making sure we understand the language they are looking for," Trivellato said.

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31/10/2024

MONTHS AFTER CUSTOMER ONBOARDING BAN NIGERIAN FINTECHS RAMP UP COMPLIANCE HIRING

Kuda Bank, Moniepoint, OPay and Palmpay responded to the central bank's ban in April by expanding their compliance and fraud monitoring teams, poaching talent from commercial banks and other fintech companies.

Two of these new hires are long-time OPay employees with at least three years of experience in the fintech sector, while the other joined from Flutterwave. The fintech companies also hired at least six fraud and compliance team members for 2024, as well as one team leader with 10 years of experience in the Nigerian banking sector.Since May, Moniepoint has expanded its transaction monitoring team, hiring five people.

Kuda has hired three compliance analysts, one compliance manager for the Nigerian Interbank Payments System and two fraud team members. According to a LinkedIn post, OPay added four members to its legal team this year, while Palmpay hired six compliance employees, including a senior manager with more than 10 years of experience at Union Bank.

This is a shift from an industry-wide attitude that once viewed compliance as a barrier to growth. Before the ban, fintech companies' risk analyses tended to minimize compliance personnel and relax identity verification requirements for account opening, citing slow customer acquisition, but the December 2023 central bank directive and April ban changed this attitude.

Concerned about the speed of fintech account opening, regulators banned fintechs from opening new accounts and gave them a list of conditions, including limiting peer-to-peer cryptocurrency transactions and requiring KYC for all tiered accounts.

People familiar with the matter told one of the Nigerian tech blogs that the emphasis on compliance was one of the conditions for lifting the ban, which coincided with the Central Bank of Nigeria's (CBN) tougher stance on fintechs. Fintechs will be asked to improve transaction monitoring, implement proper customer management solutions and tighten know-your-customer (KYC) requirements.

Compliance has always been a key part of our financial inclusion efforts, so we always knew the new year of 2024 and the coming of a new government would bring increased regulatory scrutiny, a source familiar with fintech adoption patterns told one of the Nigerian tech blogs

As Nigerian fintechs become more popular and influential, they have been criticized for lax KYC measures and the perception that fintechs are helping fraudsters commit fraud. Customers can easily open Tier 3 accounts on fintech platforms in seconds. The (NSA) was concerned that fintechs were moving too fast and asked them to stop onboarding, Moniepoint CEO Tosin Enyorunda said in May. The new recruits are expected to help ease regulatory tensions and curb misconduct in Nigeria's fintech industry, as compliance teams will ensure current and future products and services meet regulatory standards.

"The central bank wants fintechs to be more compliant and they need more staff to achieve that. Monitoring transactions is a 24/7 job, so they need to hire more people and administrators to shoulder this responsibility," a source familiar with the discussions told one of the Nigeria tech blogs.

The need to satisfy investors also impacts the demand for compliance officers, as investors want their portfolio companies to be in a regulatory safe zone. Fintech companies are beefing up their compliance teams, but time will tell if these efforts are enough to curb misconduct in Nigeria's fintech industry.

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