Telecom
MoMo PSB Launches Outbound Remittance Service across Africa

MoMo PSB has announced the launch of its outbound and inbound remittance service which enables customers in Nigeria to send money seamlessly to 13 African countries, including Benin Republic, Cameroon, Congo Brazzaville, Côte d’Ivoire, Democratic Republic of Congo, Gambia, Liberia, Malawi, Rwanda, Sierra Leone, Togo, Uganda and Zambia, and receive money seamlessly from six African countries such as South Africa, Rwanda, Uganda, Zambia, Democratic Republic of Congo and Mauritius; via it’s app and USSD channels.

With this service, MoMo users can instantly send and receive funds, with the transaction value automatically converted to the recipient’s local currency.
The sender incurs a minimal 3% transaction charge and is being notified of the conversion rate, making it an affordable option for cross-border financial solutions while the receiver receives funds at no additional cost.
To use the outbound remittance service, customers can login to their MoMo account and tap on the ‘Transfer to Africa’ icon.
Alternatively, they can dial *671*1*3# with their MoMo number, enter the recipient’s phone number including the country code.
For customers interested in high volume transactions, they can conveniently upgrade their account to Tier 2 by using the self-service feature on the MoMo app or by dialing *671*8*2# to link their BVN to their account, and for a Tier 3 account upgrade, they are to call our toll-free helpdesk number 671 for support, thereby increasing their daily transfer limits and enjoying an all-inclusive payment experience.
In a similar stride towards meeting the growing demand for efficient cross-border financial solutions, the fintech also launched an innovative Gift Card service which allows users to purchase e-vouchers directly from their MoMo accounts, using it for several international transactions, including online shopping and service payments.
By leveraging MoMo’s robust digital infrastructure, users can now enjoy a seamless payment process, eliminating the complexities often associated with the conventional methods of processing international payments.
Speaking on the new development, the Acting Chief Executive Officer, MoMo PSB, Phrase Lubega, said “This is a significant milestone towards advancing economic empowerment, reducing trading barriers and bridging the financial gap in African nations.
“It’s an exciting time for us at MoMo PSB as our customers can easily, and quite swiftly, make transactions across 13 African countries, and use our Gift Card service for international payments.”
Reaffirming MoMo’s mission, he added, “While this is a huge step, we remain committed to delivering quick, easy, user-friendly financial services, breaking more barriers to ensure our customers can enjoy the ease of transacting and doing business across more countries.
“I am confident that these new services will significantly enhance the customer experience and demonstrate our commitment to continually pushing the boundaries of financial inclusion.”
With the introduction of these new features, MoMo PSB continues to set new standards in financial inclusion and enabling seamless cross-border transactions across Africa allowing users to support loved ones, facilitate trade, and drive economic growth across the continent.
The Gift Card service is now accessible to all customers via the MoMo USSD *671# channel, and they are encouraged to visit the official MoMo website – www.momo.ng/, to learn more.
Licensed in May 2022, MoMo PSB, the fintech subsidiary of MTN, aims to provide easy-to-use, accessible and affordable financial services to new and existing customers.
Telecom
NDPC Warns Content Creators Against Privacy Violations in Viral Videos

Nigeria Data Protection Commission (NDPC) has issued a stern warning to content creators filming and sharing videos of unsuspecting citizens on social media, describing such practices as direct violations of citizens’ rights to informational self-determination.

NDPC
The Commission drew attention to individuals capturing pictures and footage of the general public without consent, breaching Section 37 of the 1999 Constitution of the Federal Republic of Nigeria (as amended) and the Nigeria Data Protection Act, 2023 (NDP Act).
NDPC specifically flagged a content creator in Lagos State who films unsuspecting passersby at roadsides for a “reality show”. The Commission stressed that processing personal images in this manner demands explicit consent or a justifiable lawful basis under the NDP Act.
Preliminary investigations revealed no public or legitimate interest served by this “wilful invasion of privacy”. Data subjects, the Commission noted, have no reasonable expectation that their images would be captured and broadcast globally by an unknown individual.
National Commissioner/CEO Dr Vincent Olatunji has instructed social media platform owners—including TikTok, X (formerly Twitter), and Meta—to intensify enforcement of community guidelines to prevent harm from unlawful and unfair personal data processing.
Platforms failing to act promptly face sanctions under the NDP Act. Individual creators remain personally liable for violations, potentially facing criminal prosecution for infringing citizens’ and data subjects’ privacy rights.
The advisory was signed by Babatunde Bamigboye, Esq. CDPRP, Head of Legal, Enforcement and Regulations.
NDPC emphasised that abuse of rights under the guise of entertainment will not be tolerated, urging compliance to safeguard Nigerians’ data privacy in the digital age.
Telecom
Techeconomy Unveils IWD 2026 Power List Celebrating 100 Women Shaping the Future

In celebration of International Women’s Day (IWD) 2026, Techeconomy, a leading business news platform in Nigeria, has unveiled its “100 Women Shaping the Future: Techeconomy Power List 2026,” recognizing exceptional women driving innovation, leadership, and impact across technology and the broader digital economy.

Techeconomy
The annual recognition spotlights women who are transforming industries through entrepreneurship, policy leadership, digital innovation, financial inclusion, media, education, and emerging technologies.
The initiative is part of Techeconomy’s commitment to promoting gender inclusion and highlighting female leadership shaping Africa’s technology ecosystem.
The Techeconomy IWD Power List features a diverse group of women, from corporate executives and startup founders to policymakers, ecosystem builders, and social innovators, whose work continues to influence the future of technology, business, and digital transformation in Nigeria and across Africa.
Speaking on the initiative, Joan Aimuengheuwa, the Managing Editor at Techeconomy, noted that the recognition goes beyond celebrating titles, focusing instead on impact, resilience, and the ability to shape the future through innovation and leadership.
According to her, “the women on the list represent different sectors including fintech, banking, healthcare, agriculture, education, communications, and the creative economy, demonstrating the growing role of women in advancing technology-driven development.
The unveiling aligns with the global celebration of International Women’s Day, which highlights the achievements of women and calls for accelerated progress toward gender equality. Across the world, the technology sector continues to push for greater female representation and leadership as part of efforts to build more inclusive digital economies.
Also speaking, Oluwatosin Aloba, the Brand Manager at Techeconomy, said: “Techeconomy IWD 2026 Power List is specially designed to inspire the next generation of female innovators and leaders by showcasing role models who are breaking barriers and redefining possibilities in the technology landscape.
“Techeconomy encouraged industry stakeholders, institutions, and the broader public to celebrate the achievements of these women while continuing to support policies, programs, and investments that expand opportunities for women in technology”, she added.
The full list of the “100 Women Shaping the Future: Techeconomy Power List 2026” is available on the Techeconomy website or visit: https://techeconomy.ng/techeconomy-iwd-2026-power-list-celebrates-100-women-shaping-the-future-of-tech/.
Telecom
NITDA, JICA Open iHatch Cohort 5 to Boost State-Level Startup Hubs Nationwide

National Information Technology Development Agency (NITDA), via its Office for Nigerian Digital Innovation (ONDI), has partnered with the Japan International Cooperation Agency (JICA) to launch applications for the fifth cohort of the iHatch Startup Incubation Programme, targeting 37 innovation hubs—one per state and the Federal Capital Territory (FCT).

NITDA
The initiative selects hubs as state-level managers to run incubation programmes, addressing uneven support outside Lagos and Abuja. “Nigeria’s startup ecosystem has grown rapidly, but access remains uneven,” said ONDI National Coordinator Victoria Fabunmi. “iHatch builds stronger hubs, standardises quality, and boosts investment readiness across all regions.”
Amid Africa’s $3.42 billion startup funding in 2025, Nigeria’s innovation clusters in major cities, sidelining rural founders. Selected hubs will incubate five startups each for at least one year, providing structured guidance for growth and funding. Hubs gain operational support, resources, and performance rewards—prioritizing ecosystem leadership over cash grants.
Eligibility and Timeline
Eligible hubs must:
Operate for at least one year with local engagement.
Possess infrastructure for incubation activities.
Applications close March 16 at ondi.nitda.gov.ng/#/ihatch.
Fabunmi emphasized: “By equipping hubs with tools, curriculum, and oversight, iHatch ensures consistent outcomes for founders everywhere,” tackling geographic gaps to scale local innovation.
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