Connect with us

Telecom

Paygilant Expands into Africa with Sara Pinheiro as Regional Manager

Published

on

Sara Pinheiro
Kindly share this post

Paygilant, a leading provider of frictionless fraud prevention solutions for banks, fintech companies, and payment processors, has appointed Sara Pinheiro as Regional Manager for Africa. In this pivotal role, Pinheiro will lead the company’s strategic growth across the continent, focusing on building strong partnerships and empowering businesses to enhance their fraud prevention and security frameworks within Africa’s rapidly evolving digital economy.

Sara Pinheiro

Africa’s digital transformation has fueled a surge in demand for robust and innovative financial solutions. Paygilant’s expansion into the region directly addresses the increasing need for advanced fraud protection within the expanding digital finance ecosystem.

Pinheiro, a seasoned expert in strategic business development, brings extensive experience in law, management, and marketing to the position. “Paygilant is committed to redefining how financial institutions and telcos approach fraud prevention. Our mission is to help businesses secure their platforms while maintaining a seamless user experience. I am thrilled to lead our efforts across Africa, collaborating with fintech leaders to drive meaningful, long-term impact,” Pinheiro stated.

Recognized for her contributions to the field, Pinheiro received the Excellence in Cybersecurity and ICT award from Copeel Global in December last year. Her approach emphasizes building lasting relationships and supporting sustainable business growth.

Paygilant’s solutions are tailored for banks, fintechs, and payment providers seeking robust fraud prevention without compromising user experience. By strengthening financial application security across all banking channels, Paygilant fosters customer trust, accelerates growth, and mitigates financial losses. “We are honored to be trusted by a growing number of innovative and forward-thinking African financial institutions,” said Ziv Cohen, CEO of Paygilant.

The company’s comprehensive solutions address a wide range of fraud threats, including account takeover, synthetic identity fraud, transaction fraud, and cross-banking fraud.

Advertisement

Paygilant’s six dynamic intelligence sets monitor user behavior throughout the entire transaction journey, from registration and login to transactions. By analyzing this data, the system provides a real-time risk score, enabling companies to detect fraudulent activity early while preserving a frictionless user experience.

This technology is ideally suited for securing Africa’s rapidly expanding fintech ecosystem, where mobile banking and online transaction volumes are growing exponentially.

By focusing on Africa’s unique challenges and opportunities, Paygilant aims to empower local businesses, promote financial inclusion, and protect users from increasingly sophisticated fraud threats.

Kindly share this post

Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Continue Reading
Advertisement
Comments

Telecom

NCC Asks Telcos to Make Budgetary Provisions for Cybersecurity

Published

on

Kindly share this post

Nigerian Communications Commission (NCC) has directed telecommunications operators to make dedicated budgetary provisions for cybersecurity as part of efforts to strengthen the resilience of Nigeria’s communications infrastructure against the growing wave of cyber threats.

NCC Asks Telcos to Make Budgetary Provisions for Cybersecurity

 

The directive forms part of the Commission’s Cyber Resilience Framework for the Nigerian Communications Sector (CRF-NCS), which introduces new governance, risk management and operational requirements aimed at safeguarding the country’s critical telecommunications infrastructure from increasingly sophisticated cyberattacks.

Under the framework, all licensed telecom operators are expected to establish formal cybersecurity governance structures, dedicate adequate financial resources to cyber resilience programmes, and integrate cybersecurity into their enterprise-wide risk management processes.

The Commission said operators must ensure cybersecurity investments are no longer treated as optional operational expenses but as strategic business priorities necessary to protect network infrastructure, customer information and the country’s digital economy.

Advertisement

According to the NCC, licensees are expected to allocate sufficient budgets to support cyber risk assessments, security technologies, staff training, incident response capabilities, continuous monitoring and compliance with regulatory requirements.

The framework also requires operators to designate senior executives responsible for cybersecurity oversight.

At the same time, boards of directors are expected to provide strategic direction and ensure adequate funding for cyber resilience initiatives.

Speaking on the need for a stronger cybersecurity regime during the unveiling of the framework, Abraham Oshadami, executive commissioner, Technical Services, NCC,  said, “Given the increasing digitalisation of services, the rapid growth of data exchange, and the sophisticated nature of modern cyber threats, the need for a robust, adaptive and inclusive cybersecurity framework has become more urgent.”

He added, “Both state and non-state actors are targeting essential sectors—including ours—through coordinated cyber and physical attacks. These attacks frequently target control systems and data integrity, underscoring the critical risks posed to operational technology (OT), especially in our sector.”

Advertisement

“As cyber threats evolve, they endanger not only system performance but also human safety, amplifying the severity and consequences of disruptions to vital communications infrastructure. Cybersecurity now encompasses human safety and must address the real risk to people’s lives when a system is attacked or compromised.”

The Commission further stated that operators are required to develop comprehensive cybersecurity implementation plans, conduct periodic risk assessments, establish business continuity and disaster recovery procedures, and regularly test their cyber defence capabilities.

In addition, the framework makes cyber incident reporting compulsory. Licensees must inform the NCC’s CSIRT of any major cybersecurity breach within four hours of discovery, and provide a thorough post-incident analysis after mitigation is complete.

 

Advertisement

Kindly share this post
Continue Reading

Telecom

Glo Leads Internet Growth Figures in Nigeria for May

Published

on

Kindly share this post

Digital solution provider, Globacom has recorded the highest Internet subscriber growth among Nigeria’s major telecom companies for the month of May.

Data from the Nigerian Communications Commission, NCC, Nigeria’s total Internet users increased to 157 million in May, up from 154.3 million in April. That is a growth of 2.67 million users in one month.

Globacom led the market by adding about 1.2 million new Internet subscribers. This means Glo was responsible for almost half of all new Internet users in May.

The company’s subscriber base grew from 15.5 million in April to 16.8 million in May. Airtel came second with 1.07 million new users, moving from 54.8 million to 55.8 million. MTN added 382,894 users to reach 83.5 million.

T2 Mobile, formerly 9mobile, recorded no growth for the second month in a row. Its subscriber base remained at 802,534. This is despite its roaming agreement with MTN, which was approved almost a year ago to help T2 customers use MTN’s network in areas with poor coverage.

Advertisement

Industry experts say Glo’s strong growth is due to its ongoing network upgrade. Since last year, the company has been building new base stations, expanding its fibre network, and adding thousands of new 4G sites across cities and rural areas.

The upgrades have improved voice and data quality for customers, while Globacom remain committed to providing better network experience and affordable Internet services to more Nigerians.

Kindly share this post
Continue Reading

Telecom

MTN Paid 600Bn in Taxes in H1 2026 – Kadri, MTN CFO

Published

on

Kindly share this post

MTN Nigeria’s half-year 2026 performance reflects more than revenue growth, highlighting the wider economic activity generated through tax payments, infrastructure investment and shareholder returns.

MTN Paid 600 Billion in Taxes in H1 2026 - Kadri, MTN CFO

Kadri, MTN CFO

Beyond its financial results, the telecommunications operator said it continues to channel substantial resources into expanding network infrastructure, meeting statutory obligations and delivering value across its stakeholder ecosystem.

The company disclosed that it paid more than ₦600 billion in taxes, customs duties, regulatory levies and other statutory obligations over the past year.

It also invested over ₦1.6 trillion in capital expenditure since January 2025 to expand network capacity and improve service quality, while declaring an interim dividend of ₦26 per share for shareholders.

Speaking on Arise News’ Global Business Report, MTN Nigeria’s Chief Financial Officer, Modupe Kadri, explained that the company’s earnings are shared across several stakeholders before returns reach investors. “For every one naira of revenue, about 24 kobo becomes profit.

“The government receives over ₦600 billion through taxes and levies, operating costs account for a significant portion of our revenue, and every participant within the ecosystem benefits from the value we create,” he said.

Advertisement

According to the Nigerian Communications Commission (NCC), telecommunications remains one of the largest contributors to Nigeria’s Gross Domestic Product, supporting digital financial services, education, healthcare, commerce and public services. Continued investment by operators has also been identified as critical to expanding broadband access and improving digital inclusion across the country.

Kadri noted that shareholder returns remain an important part of MTN’s capital allocation strategy, but stressed that they represent only one aspect of the company’s broader economic contribution.

“Even when we declare dividends, the government still receives withholding tax, while we continue investing heavily in our network because sustaining quality service requires ongoing capital commitment,” he said.

Kindly share this post
Continue Reading

Trending