Technext

In a continent where fintech startups have burned through hundreds of millions of dollars chasing growth, Paga has done something rarer: it has simply lasted. In a conversation with Samora Kariuki, founder of Frontier Fintech, Paga co-founder and CEO Tayo Oviosu laid out why, and his answers are poles apart from much of what the industry has spent the last decade believing. The clearest example is Paga’s decision to stay out of the card-gateway war that produced Paystack and Flutterwave.

Meta today hosted the Nigeria Youth Safety Summit at the Transcorp Hilton, Abuja, bringing together government officials, civil society organisations, parents, educators, creators and youth leaders to discuss digital wellbeing priorities, strengthen partnerships, and promote safer online experiences.

A few years ago, the idea of speaking to a doctor through your phone, ordering prescription medication online, booking a laboratory test from home or tracking your pregnancy with a mobile app felt almost impossible for many Nigerians. Today, it has become part of everyday life. The growing confidence in healthtech did not happen overnight.

Optasia, the South African company that processes airtime lending services for Airtel and MTN customers, has officially announced that it has resumed airtime credit services in Nigeria. In an announcement, the company noted that it has resumed voice and data lending services through operator partners in Nigeria as of 24 June 2026.

For the first time in over six years, every class of large Ethereum holder, commonly known as whales, is simultaneously sitting in unrealised loss, according to findings from on-chain analyst Darkfost. The last time this happened was 2019, before Ethereum had even crossed $200. His data shows three whale tiers; wallets holding between 1,000 and 10,000 ETH are currently down 26%. Those in the 10,000 to 100,000 ETH range are down 21%.

Kenya’s Court of Appeal has overturned a high court order that had blocked the government’s plan to sell a 15% stake in Safaricom, clearing the way for Vodacom to proceed with a $1.6 billion acquisition of East Africa’s largest telecom operator. A three-judge bench comprising Patrick Kiage, Lydia Achode, and Aggrey Muchelule ruled in favour of the National Treasury on Friday, following an application to unblock the deal.

Baxi has spent weeks trying to fix a transfer problem that has left thousands of POS agents unable to do the one thing their business depends on, which is moving customers’ money. The disruption started in early May 2026 and dragged into June, and for agents who earn their living on small commissions, every stuck transaction was a day’s income gone. The trouble began when Baxi’s transfer service started failing across the country.

Chams Holding Company Plc has announced the retirement of its founder, Sir (Dr.) Demola Aladekomo, from the Board of Directors, effective July 9, 2026. This closes a chapter that spans forty years and shaped much of Nigeria’s modern identity management and digital payments infrastructure. Aladekomo founded Chams with a goal that was unusual for its time: building world-class, indigenous technology solutions for Nigeria and Africa rather than relying solely on imported systems.

Launching 26 June, EscrowPay holds a buyer’s money with a CBN-licensed bank until the goods arrive, all inside WhatsApp, aiming to remove the standoff that quietly kills online deals. For all the attention paid to logistics and payment rails, the thing most likely to kill an online sale in Nigeria is simpler, and harder to engineer away: neither side trusts the other. The buyer hesitates to pay someone they have never met; the seller will not ship until the money arrives.

There’s a kind of business lesson that only comes from doing things the hard way. You don’t learn it in a classroom. You learn it when a vulnerable client’s medication hasn’t been administered, your staff insists they were there, and you have no way to prove otherwise until a formal complaint lands on your desk. That’s the story behind Radiant diGilog. And it’s exactly why this platform deserves your attention.