Standard Bank customers got locked out of their mobile and online banking platforms after software company Sage ran into technical problems with the bank feeds coming through. People trying to log into the app got error screens at first, and when access came back, they could only see outdated balances with no transaction history, airtime purchases, or prepaid electricity available.
Sage confirmed the mess started with its Yodlee connection, specifically for Standard Bank, while other financial institutions worked fine. The outage also stopped new account signups from going through, and customers experienced major delays in their transactions. Sage pushed its Business Cloud Accounting product into maintenance mode after users in South...
South African rugby player Lusanda Dumke passed away from cancer, and SA Rugby president Mark Alexander said she represented the country with courage and resilience throughout her career. The former captain earned 33 Test caps for the Springbok Women, led the squad three times, and took home Women's Rugby Player of the Year honors back in 2022.
Dumke started playing provincial rugby for Border Ladies as a teenager, made her national team debut against Wales, and eventually captained South Africa in matches against Kenya and Australia. She competed in the Women's Rugby World Cup held in New Zealand, scored 10 tries during her international career, and also represented the Springbok Women's Sevens team at multiple tournaments. At the...
South African media personality DJ Warras got gunned down in Johannesburg Central after three suspects rolled up on him right when he parked his car. Police Captain Tintswalo Sibeko said the shooters opened fire and then bounced on foot, and cops still have no clue why it went down or who did it.
Warrick Stock worked as a producer at 5FM and CliffCentral before making his name in radio and TV. JMPD officers showed up first after people who saw everything go down called it in, and Superintendent Xolani Fihla confirmed his department responded before regular police took over the investigation.
T.I. told gospel artist Kirk Franklin that he skips church because he thinks the whole thing operates like a business instead of actual worship. The rapper grew up with his grandma and aunt teaching him Christian prayer, and he believes God exists based on what happened in his life, but religious institutions feel fake to him.
He compared clergy services to TED talks or performances where pastors bend scripture to help themselves financially. The Atlanta musician questioned why anyone needs to pay someone else just to communicate with God, and he refuses to deal with that kind of setup between himself and his faith.
The Brain Media dropped a list of ten Nigerian artists who might blow up next year, and the lineup covers everything from underground hits to people already working with Davido and Wizkid. Fola keeps dropping tracks that stick with listeners, while Shoday got massive attention after his single Hey Jago took off on streaming platforms. Morravey signed with Davido Music Worldwide and has been racking up plays, and Mavo landed collaborations with basically every major Afrobeats name while getting his remix with Davido into the Spotify Nigeria Top 10.
Sky Jaga released an EP called JAGAJANTISII with his single Jagajantis, making noise in the underground scene, and GeedyNGB worked with producer Masterkraft on a track called I No Dey Send...
The Nigeria Deposit Insurance Corporation started processing refunds for customers at those two mortgage banks that just got shut down by the CBN. Depositors at Aso Savings and Loans Plc and Union Homes Savings and Loans Plc can grab up to 2 million naira per person through automatic transfers using their Bank Verification Numbers, and the NDIC is handling the whole liquidation process after getting appointed as the official liquidator.
Anyone with balances over the 2 million naira cap gets the insured chunk first, and the rest comes later as liquidation dividends once the NDIC sells off assets and collects on outstanding loans. People need to file claims online or show up at the closed branches with ID and account proof before the end...
The Central Bank of Nigeria just pulled the plug on two mortgage lenders, Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. Hakama Sidi Ali from the CBN said both companies kept breaking rules and basically ran out of money to cover what they owed depositors.
The regulators found that neither bank had enough capital to meet basic requirements, and their assets couldn't even cover their liabilities. They also ignored multiple warnings over time about fixing their capital problems and following banking standards.
The CBN is trying to clean up the mortgage sector by kicking out institutions that can't operate safely. They've been telling these companies for years to get their finances together, and this move is supposed to...
Transcorp Hotels just tapped Awele Vivien Elumelu to run their board starting next year. She takes over after Emmanuel Nnorom steps down, and she already chairs Avon Healthcare, Avon Medical Practice, and Heirs Insurance Brokers while sitting on the Heirs Holdings board. The woman studied medicine at the University of Benin, practiced in Nigeria and the UK, and picked up executive credentials from Harvard Business School, IMD Switzerland, and the London School of Economics.
Beyond the corporate world, Elumelu helped start the Tony Elumelu Foundation, which has backed over 24,000 young African entrepreneurs with funding, training, and mentorship. Tony Elumelu, who chairs the parent company Transcorp Group, said her background fits their...
Thirteen federal agency heads in Nigeria just won some online poll thing organized by The Street Journal, and the list is pretty stacked with big names. Aisha Rimi from the Nigerian Investment Promotion Commission grabbed top honors, while Gbenga Komolafe at the petroleum regulatory body and Usman Bamanga Jada from the Oil and Gas Free Zones Authority also made the cut. Other winners ranged from the EFCC chairman to folks running everything from student loans to identity management.
The publisher said these people got the most votes out of like 50 agency heads who were up for consideration. Each winner got some weirdly specific title attached to their award, and they're all getting honored at a ceremony in Abuja next year. Five cabinet...
