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Showing posts from June, 2026

The CBN’s New AML Rules Are a Wake-Up Call for Financial Institutions

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  By Bolaji Jimoh, Fraud & Compliance Manager, Dojah   The Central Bank of Nigeria's new AML requirements are forcing financial institutions to rethink how they manage compliance, fraud monitoring, and customer risk. With implementation deadlines now in motion, banks, fintechs, and payment companies are under increasing pressure to move away from manual AML processes and adopt automated systems capable of monitoring transactions, screening customers, and identifying suspicious activity in real time. For many institutions, the challenge is not understanding the new requirements. The challenge is being ready for them. At  Dojah , we are seeing growing demand from financial institutions looking to strengthen  transaction monitoring ,  AML screening , sanctions checks, and customer risk management ahead of the June 2026 deadline. The reason is simple. Many institutions still rely on a combination of manual reviews, disconnected systems, and onboarding-focused co...

NEZONA PROPERTIES LTD LAUNCHES LUXURY OFF-PLAN DEVELOPMENT IN KATAMPE, ABUJA NIGERIA

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    By Chris Okoye Nezona Properties Ltd, a leading real estate development company in Abuja,has officially unveiled its latest luxury real estate development, NEZONA SIGNATURE RESIDENCE, an off-plan residential project located in the prestigious Katampe District of Abuja. The project, which was formally launched on Monday, Ist of June, 2026, comprises five units of elegantly designed four-bedroom terraced duplexes with boys’ quarters. According to the company, the development is expected to be completed within 18 months. Speaking during the unveiling ceremony, the Chief Executive Officer of Nezona Properties Ltd, Emmanuel Arinze Ndueche, described the development as the company’s flagship off-plan investment initiative aimed at providing luxury properties in prime locations with flexible payment options for investors. Ndueche explained that the project was carefully conceptualized to meet the growing demand for premium residential developments within the Federal Capital Terri...

Nigerians shift from Binance P2P to Monica Cash for faster Bitcoin-to-naira withdrawals

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  By James Hola More Nigerians are moving away from Binance P2P and other manual trading systems, turning instead to  Monica Cash  as concerns grow over delayed payments, failed confirmations, and disputes during Bitcoin-to-naira transactions. Many crypto users say the stress of waiting for buyers to release payments or confirm transactions has become one of the biggest challenges with peer to peer trading, especially during periods of high transaction activity. The situation has pushed more users toward automated crypto to naira platforms that allow direct withdrawals into local bank accounts without depending completely on manual coordination between buyers and sellers. One platform increasingly gaining attention within that shift is Monica.cash, operated by Monica Technologies Limited, which has spent the last three years helping Nigerians process faster crypto to naira withdrawals and direct payouts. The  Monica.cash app  supports conversion for BTC, USDT, E...

Data Reveals Financial Constraints Drive Over 33.6% of University Undergraduates to Defer Education

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New institutional insights released from the University of Nigeria, Nsukka (UNN) Student Affairs Department have highlighted a growing trend of financial attrition among Nigerian undergraduates. Recent session metrics confirm that financial constraints have risen to become the leading cause of institutional deferment, accounting for 33.6% of all officially recorded student dropouts. According to the data tracking files, 37 out of 110 students who formally paused their academic tracks during the 2024/2025 session cited an inability to meet immediate tuition obligations as the primary disruption to their graduation timelines. The report further breaks down regional campus vulnerabilities, showing that the Faculty of Physical Sciences was the most heavily affected academic demographic, accounting for 35 dropouts – nearly one-third of the total recorded student departures on campus. Other impacted departments included the Biological Sciences and the Faculty of Engineering. Analysts monitor...

BEYOND BUYING LAND: THE EVOLUTION OF REAL ESTATE INVESTMENT IN NIGERIA.

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BY EVERYTHING REAL ESTATE LIMITED For decades, real estate investment in Nigeria has largely been associated with land acquisition, residential housing, rental income, and property flipping. While these traditional investment models remain relevant, a new wave of investors is beginning to view real estate through a broader and more strategic lens. According to Thelma Keke, CEO of Everything Real Estate Limited, modern real estate investment is no longer solely about owning property. It is increasingly about identifying opportunities connected to economic growth, infrastructure development, industrial expansion, and commercial activity. Everything Real Estate Limited is a strategic real estate advisory and business positioning firm specializing in industrial, commercial, and residential real estate opportunities. The company works with investors, multinational corporations, entrepreneurs, and individuals seeking to establish operations and build investment portfolios within high-growth ...

Axine Labs selects RLC Pro AI to power AI-driven soil analysis from orbit

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  Axine Labs selects RLC Pro AI to power AI-driven soil analysis from orbit   CIQ Startup Program gives early-stage AI teams access to the same Enterprise Linux foundation used by the world's leading supercomputing centers   Axine Labs, developer of the Axine-HMAS soil contamination analysis platform, has joined the CIQ Startup Program to build its inference infrastructure on RLC Pro AI, the GPU-optimized Enterprise Linux distribution from the creators of Rocky Linux. The partnership gives Axine Labs access to the same long-term support, security configuration, and direct engineering relationship that enterprise and government customers rely on to run production AI workloads.   Axine-HMAS (Heavy Metal Analysis Suite) is an AI framework that predicts soil heavy metal concentrations from high-dimensional hyperspectral satellite imagery. The system gives agricultural, industrial, and mining operators a non-invasive, scalable alternative to physical soil sampling, replac...

Music star FrontnBack (Lions of Afrobeat) Roar to Victory as Best Afro-Fusion Artists of the Year at the 2026 2Side Trend Awards

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   By Manuella Cobra The Afro-fusion music landscape witnessed a defining moment at the recently concluded 2026 2Side Trend Awards as FrontnBack, popularly known as the Lions of Afrobeat, emerged as the proud winners of the prestigious Best Afro-Fusion Artists of the Year award. The accolade comes on the heels of the remarkable success of their hit single, Iyanu Maa Sele, a track that has continued to captivate music lovers with its uplifting message, irresistible melodies and authentic Afro-fusion sound. The award is a testament to the duo's creativity, consistency and growing influence within the music industry. The 2026 2Side Trend Awards brought together some of the brightest stars and leading figures in entertainment to celebrate excellence and outstanding achievements across various categories. FrontnBack's victory stood out as one of the evening's most celebrated moments, highlighting their continued rise as one of the most exciting acts in contemporary African music...

Mactavis Digital Celebrates 11 Years of Empowering Businesses to Grow Through Technology

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  Eleven years ago, Mactavis Digital was founded with a simple but important goal: to help businesses build scalable technology. At a time when many businesses struggled with manual paper processes, unreliable digital systems, poor user experiences, and technology that could not support growth, Mactavis saw the need for solutions that were practical, stable, user-friendly and built for scale. What started as a small team driven by problem-solving and innovation has grown into a trusted technology partner for businesses, institutions, and organizations across multiple industries. Today, as Mactavis Digital celebrates 11 years in business, the company reflects on a journey defined by integrity, consistency, resilience, trusted clients relationships, and a commitment to helping organizations increase revenue and profits, simplify operations, improve customer experiences, and grow through technology. Over the last decade, technology has changed rapidly. Businesses have moved from tradi...