Today’s edition of Techpoint Africa Podcast features the Nigerian government following through with two of its threats.
We discussed what Nigerians are currently facing as millions of lines have been barred for not linking to NIN.
We took a trip to the NIMC office, Alausa, Ikeja Lagos and revealed details of what we saw there. From our Senior Reporter, Olwanifemi Kolawole getting flogged to NIMC officials abandoning crowds to people looking to gain full control of their SIMs.
To avoid the hassle of queueing up at a NIMC centre, we have a tip that can help you solve your problems from your phone.
The second threat is one made by the Central Bank of Nigeria (CBN) to penalise commercial banks that facilitate crypto transactions. Three banks have flouted that directive and have been slammed with an ₦800 million ($1.9 million) fine. We discuss the CBN's "special technology" for detecting crypto transactions and regulations surrounding crypto.
With our time keeper's cue, we closed the discussions with the rise and fall of American startup, Fast. We took a magnifying glass at how Nigerian developers were hired to build the early technology for the startup valued at over $500 million.
You can catch up on everything we discussed on Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. You can also share your favourite snippets using the hashtag #TechpointAfricaPodcast
