Technext

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[Technext @technextdotng]

Nigeria ranks among the world’s most active crypto markets, but one problem still affects many users:

How do you turn crypto into everyday naira spending without the usual P2P stress?

[Technext @technextdotng]

5/ Safety may create the opportunity.

But drivers say affordability, trust, reliability, earnings, and enough women behind the wheel will determine whether the idea survives.

The debate is far more complicated than "women driving women."

Read the full story: https://t.co/XkEBh5th6C

[Technext @technextdotng]

Women-only ride-hailing apps sound like an obvious solution to passenger safety concerns.

But would they actually work in Nigeria?

We spoke to female drivers on Uber, Bolt, and inDrive, and their answers weren't what we expected. 👇

[Technext @technextdotng]

4/ Then there's the supply problem.

Women make up only a tiny fraction of ride-hailing drivers in Nigeria.

Many don't work late nights due to safety concerns, family responsibilities, or personal preference.

Can a women-only app realistically offer 24/7 coverage?

[Technext @technextdotng]

5/ The rescue wasn't the end.

Layoffs, restructuring, rebranding attempts, and continued customer complaints followed.

Now Brass is being fully absorbed into Paystack's banking infrastructure, bringing one of Nigerian fintech's most dramatic rise-and-fall stories to a close.

Read the full story: https://t.co/0sfZdGjkAC

[Technext @technextdotng]

1/ Brass launched in 2020 with a bold promise: become the bank for Nigerian startups.

It raised millions, signed up thousands of businesses, and attracted some of the country's fastest-growing tech companies.

Six years later, the independent brand is shutting down.

Here's how it happened 👇

[Technext @technextdotng]

4/ The rescue came from within the ecosystem.

Paystack, PiggyVest, Ventures Platform, P1 Ventures, and angel investors stepped in to protect customers.

The founders reportedly walked away with nothing as the focus shifted to saving depositors.

[Technext @technextdotng]

Bolt has warned users not to send drugs, weapons, or other illegal items through Bolt Send.

The company also says packages above ₦50,000 exceed its insurance coverage limit.
https://t.co/y9CPQi8oPv

[Technext @technextdotng]

Flutterwave is celebrating 10 years by promoting 25% of its workforce and rolling out one-time relief payments for employees worldwide.

A notable move at a time when many workers are navigating rising living costs.
https://t.co/osXV7Rinfl

[Technext @technextdotng]

INEC says its voter database wasn't hacked.

According to the commission, an authorised user accessed and released a voter record using valid credentials without permission.

It's a reminder that sometimes the biggest cybersecurity threat isn't an outsider; it's someone already inside.
https://t.co/nIT4HBsR4u

[Technext @technextdotng]

Chowdeck is tightening its vendor onboarding process.

The food delivery startup has introduced Vendor Badges and strengthened verification checks following concerns over how restaurants are vetted on the platform.
https://t.co/VskK8zX3sk

[Technext @technextdotng]

MoneyGram just launched MGUSD, its U.S. dollar stablecoin on Stellar.

With 60M+ users globally, the payments giant is betting on stablecoins to power the future of cross-border payments.
https://t.co/4E1LDgKq8Y

[Ömoleye Ömoruyıᅠᅠᅠᅠᅠᅠᅠᅠᅠ @Lord_Rickie]

From a ₦2B liquidity crisis to an absolute shutdown this week. My latest post-mortem on the @brassHQ banking crisis is now live on @technextdotng. I track the timeline from early software glitches to the final @paystack merger.

Read the story here: https://t.co/xQgRxaGhhf

[Technext @technextdotng]

Were you affected when airtime and data loans disappeared?

The FCCPC has reportedly suspended the rules that triggered the shutdown, opening the door for telecom operators to restore the service.

Good move or regulatory confusion?

Read more: https://t.co/mB1v6pgeG3

[Technext @technextdotng]

Nigeria recorded 245 major network outages in May 2026. The biggest culprit? Fibre cuts.

183 incidents, about 75% of all reported outages, were linked to damaged fibre infrastructure.

Here's what the latest NCC data reveals:
https://t.co/KXFxRQU3wi

[Technext @technextdotng]

The Supreme Court of Nigeria has sanctioned the merger of Unity Bank and Providus Bank, ending the legal battle that had been holding up one of the most significant banking consolidations the country has seen in recent years.
https://t.co/xVOI1DCYap

[Technext @technextdotng]

The Nigerian Communications Commission (NCC) has inaugurated the new board of the Nigerian Internet Protocol version 6 (IPv6) Council, with Muhammed Rudman, CEO of Internet Exchange Point of Nigeria (IXPN), retaining his spot as the council’s chairman.
https://t.co/lvo5KK7dtX