Next Generation Social Sciences News Today

Patricia set to repay customers within 2–5 yearsIyin Aboyeji launches “YC of Africa”Access Bank takes another stab at digital lending Unpacking Samung's S24OpenAI says no to politics

In today’s edition: TymeBank achieves profitability in fifth year || General Atlnatis acquires Actis || Vodafone and Microsoft forge $1.5 billion partnership.

Nigeria's inflation hit 28.92% in December, a 27-year high! Nigeria hasn't witnessed inflation this scorching since the military regime of the mid-1990s when inflation rose to 29.27% mid-1996. More in #TCDaily.

The CBN has asked Nigerian banks and other stakeholders—First Bank, Access Bank, Sterling Bank, and Providus Bank—to develop a stablecoin, a cryptocurrency pegged to the naira’s value. The cNGN will launch later this month. More in #TCDaily.

LagRide has faced renewed criticism which allege that LagRide’s partners are demanding unrealistic returns from the drivers.

Chipper Cash, the African fintech startup backed by FTX and Silicon Valley Bank, has laid off 15 people across various departments.

Yesterday, the Supreme Court of Nigeria ruled that old naira notes would remain legal tender in the country until "further notice".

Remittance startup LemFi has halted its operations in Ghana one week after the Bank of Ghana identified it as one of eight fintechs operating without the necessary regulatory approvals.More in #TCDaily.

Nigeria joins 17 other countries to sign an agreement on AI safety one week after OpenAI employees raised alarm on the safety of the company's advanced AI system

Four days after its repayment plan was due to start, fintech Patricia identified a Nigerian politician, William Bonse, as a culprit in its 2022 $2 million hack. Bonsu allegedly diverted ₦607 million ($760,000) from the fintech's account. More in #TC Daily.