Vandals Destroy 14 Power Transmission Tower Spans In Niger As TCN Warns Of Growing Threat To Electricity Supply

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Vandals Destroy 14 Power Transmission Tower Spans In Niger As TCN Warns Of Growing Threat To Electricity Supply

Nigeria’s power transmission network has suffered another setback after vandals destroyed 14 spans of a 132-kilovolt transmission line in Niger State, raising concerns about electricity reliability, public safety, and the rising cost of protecting critical national infrastructure.

The affected transmission facility is located along the Lambata corridor in Gurara Local Government Area and forms part of a major power route that delivers electricity across sections of Niger State and the Federal Capital Territory. The destruction has forced authorities to intensify security engagement with local communities and law enforcement agencies.

Officials of the Transmission Company of Nigeria disclosed during a stakeholder meeting in Lambata that the damaged infrastructure would require significant financial resources to restore, with preliminary estimates placing direct repair costs at about N32 million. Brandspur Business News understands that the actual expenditure could rise further if reconstruction is handled through external contracts.

The company expressed concern that repeated attacks on transmission assets are diverting funds that could otherwise be used for network upgrades, operational improvements, and investments aimed at strengthening electricity delivery across affected regions.

According to TCN, the transmission line was originally built more than four decades ago and has historically played a strategic role in moving bulk electricity from power generation hubs through major communities before reaching consumers. Brandspur Business News reports that recent attacks represent a sharp departure from the infrastructure’s long history of relatively stable operation.

Power sector officials warned that vandalism extends beyond financial losses, noting that disruptions to transmission infrastructure can affect hospitals, businesses, educational institutions, and households that depend on stable electricity for daily operations.

The company also highlighted the safety risks associated with damaged high-voltage equipment, explaining that exposed conductors and compromised transmission facilities can pose serious dangers to residents, farmers, and livestock in surrounding communities.

Authorities further stressed that interruptions on transmission networks ultimately affect electricity distribution companies, which rely on TCN infrastructure to receive and distribute power to end users across their franchise areas.

Beyond immediate power supply concerns, industry stakeholders cautioned that persistent attacks on transmission assets could undermine economic development efforts by discouraging industrial investment and weakening confidence in the availability of reliable infrastructure.

Also read: https://brandspurng.com/2026/06/16/nigerias-5-5-million-pos-terminals-face-growing-fraud-risks-as-regulators-tighten-oversight-in-2026/

Security agencies participating in the engagement pledged stronger collaboration with host communities to identify and apprehend individuals involved in vandalising electricity facilities or trading stolen transmission materials.

The police described transmission installations as critical national assets and urged residents to support intelligence gathering efforts by reporting suspicious movements around transmission corridors and power infrastructure.

Traditional rulers and community leaders also committed to increasing awareness among residents, encouraging vigilance and cooperation with security agencies to prevent further attacks on government assets.

TCN revealed that multiple suspects arrested in connection with vandalism cases within its Abuja operational region are already facing legal proceedings, while others remain in custody awaiting trial under existing laws governing the protection of public infrastructure.

The company indicated that communities that actively assist authorities in identifying and prosecuting vandals could receive recognition and support as part of broader efforts to encourage local participation in safeguarding transmission facilities.

The latest incident adds to growing concerns within Nigeria’s power sector, where vandalism continues to disrupt electricity transmission and increase operational costs. Industry data released by TCN recently showed dozens of vandalism incidents recorded since the beginning of the year, with hundreds of cases involving transmission towers documented over the past several years.

As Nigeria seeks to expand electricity access and attract industrial investment, stakeholders continue to identify the protection of transmission infrastructure as a critical requirement for improving power sector performance, reducing outages, and supporting long-term economic growth.

Nigeria’s 5.5 Million POS Terminals Face Growing Fraud Risks As Regulators Tighten Oversight In 2026

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Nigeria’s 5.5 Million POS Terminals Face Growing Fraud Risks As Regulators Tighten Oversight In 2026

Nigeria’s vast Point-of-Sale (POS) network has become one of the most important pillars of the country’s financial system, but industry data and regulatory actions show that the infrastructure is also emerging as a major target for fraud, compliance breaches and financial crime.

With an estimated 5.5 million active POS terminals deployed nationwide and trillions of naira processed through the channel annually, the machines have evolved far beyond their common perception as simple card-payment devices. They now serve as cash withdrawal points, agency banking outlets and critical access channels for millions of Nigerians excluded from traditional banking services.

The rapid expansion of the sector has transformed how financial transactions are conducted across urban and rural communities, reducing dependence on bank branches and ATMs while supporting the growth of digital payments. However, the scale of adoption has also increased regulatory concerns over identity verification, transaction monitoring and misuse of payment infrastructure.

Brandspur Banking News Desk reports that Nigerian regulators have intensified efforts to strengthen oversight of the POS ecosystem amid rising concerns about fraud and operational risks. Recent directives from the Central Bank of Nigeria (CBN) have introduced geo-fencing requirements, terminal registration measures and stricter compliance obligations aimed at improving transparency across the agent banking network.

Also read: https://brandspurng.com/2026/06/16/nigeria-records-one-of-worlds-lowest-international-travel-rates-as-90-of-citizens-remain-within-national-borders/

Industry figures indicate that POS transaction values have surged significantly in recent years, reflecting growing reliance on agents for cash access and payment services. The expansion has created one of Africa’s largest agent banking ecosystems, making the network an increasingly important component of Nigeria’s financial inclusion strategy.

Financial crime experts note that the same accessibility that drives the popularity of POS services can also expose the system to vulnerabilities, including identity fraud, account compromise, unauthorised transactions and the use of agent networks for illicit financial flows. These risks have prompted stronger monitoring requirements from regulators and payment service providers.

The Corporate Affairs Commission has also moved to enforce registration requirements for operators, warning that unregistered POS businesses could face sanctions as authorities seek greater accountability within the sector.

Analysts say the challenge facing Nigeria is no longer merely expanding access to financial services but ensuring that the infrastructure supporting those services remains secure. As transaction volumes continue to grow and more consumers rely on POS agents for everyday banking, safeguarding the network against fraud and abuse is expected to remain a key priority for regulators, financial institutions and fintech companies throughout 2026.

Nigeria Records One Of World’s Lowest International Travel Rates As 90% Of Citizens Remain Within National Borders

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Nigeria Records One Of World’s Lowest International Travel Rates As 90% Of Citizens Remain Within National Borders

Nigeria has emerged among the countries with the lowest levels of international travel, with roughly nine out of every ten citizens reporting that they have never travelled outside the country, according to findings from a global survey examining cross-border mobility and international exposure.

The data places Nigeria among a group of nations where overseas travel remains relatively uncommon, highlighting the significant barriers many citizens face in accessing international opportunities for tourism, business, education and cultural exchange. The findings indicate that only about 10 per cent of Nigerians have visited another country at least once in their lifetime.

The survey, which assessed travel experiences across 24 countries, found wide disparities between developed and developing economies. While residents of several European nations reported near-universal international travel experience, Nigeria ranked among the countries with the largest proportion of people who have never crossed a national border.

Also read: https://brandspurng.com/2026/06/16/omoekoh-reignites-lagos-sme-sector-with-%e2%82%a6200-million-grants-for-young-entrepreneurs-innovators/

Economic realities were identified as a major factor influencing travel patterns, with lower-income countries generally recording fewer international travellers than wealthier nations. Researchers noted that personal income levels, education and access to resources significantly affect an individual’s likelihood of travelling abroad.

Brandspur Brand News reports that mobility challenges extend beyond household finances, as visa requirements and passport limitations continue to affect travel opportunities for many Nigerians. Recent passport rankings show Nigerian travellers have comparatively limited visa-free access to destinations worldwide, creating additional hurdles for international movement.

Despite the low travel rate, global survey data suggests that many people in lower-travel countries express interest in visiting other nations if opportunities become available. Researchers say this points to a gap between aspiration and access, rather than a lack of interest in international experiences.

The findings arrive amid growing discussions about global mobility, economic inequality and the role of international travel in education, trade and cultural exchange. Analysts say improvements in income levels, transportation access and travel documentation could play a significant role in expanding opportunities for Nigerians seeking to engage more actively with the wider world.

OmoeKOH Reignites Lagos SME Sector With ₦200 Million Grants For Young Entrepreneurs, Innovators

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OmoeKOH Reignites Lagos SME Sector With ₦200 Million Grants For Young Entrepreneurs, Innovators

The growth trajectory of Lagos’ small and medium enterprises got a
major boost as OmoeKOH, a Lagos-based community of young builders,
distributed ₦200 million in grants, business support packages, and
tools to young entrepreneurs and innovators at its inaugural Wealth and
Impact Summit.

Held at the Wole Soyinka Centre for Culture and the Creative Arts,
National Theatre, Iganmu, the summit recently attracted over 5,000
youths, traders, tech enthusiasts, and business owners.

It was convened by Imran Oladimeji Hamzat of OmoeKOH, a movement
launched just three weeks ago to recognize and empower young creatives,
founders, and employees who have been building from “their little
corners”.

The Deputy Governor of Lagos State, Dr. Kadri Obafemi Hamzat,
represented by Hon. Akinyemi Bankole Ajigbotafe, Commissioner for Wealth
Creation and Employment, commended the initiative. “This summit is
designed to provide a platform where ideas meet opportunity, mentorship,
and capital. It aligns with our administration’s determination to
create an enabling environment where enterprises can thrive,” the
Commissioner stated.

A high-level panel featuring Ayoolanrewaju Kuyebi, CEO/GMD GMH Luxury;
Evelyn Edumoh, GM Arkland Properties; Tolulope Abiodun, Head of
Business, Pesa Business; Prof. Ojuromi Oladele Teslim, Acting Dean, LASU
School of Agriculture; and Rotimi Williams, Principal, Asher Blackhorn,
tutored participants on business and management.

From over 3,000 registrations, 25 young business owners pitched, with 3
winners receiving cash grants: David Ogunbanjo, Blanet Africa –
₦5,000,000; Adeleke-Lawal, Ummiulkhayr Ummis Nature – ₦4,000,000;
Favour Adeleke, Qiqi Farms – ₦3,000,000, while others were given the
sum of ₦ 500,000 each.

Beyond cash, OmoeKOH distributed laptops to graphic designers and
developers, mobile phones for content creators, and offered free CAC and
SMEDAN registration for over 1,000 businesses. Partners, including
Jobberman, Providus Bank, and Lagos State Health Management Authority,
provided career, banking, and health insurance support on-site.

Speaking on the initiative, Alhaji Imran Oladimeji Hamzat, Convener of
OmoeKOH, said “The initiative is designed to create opportunities for
young Nigerians by supporting innovation, enterprise development, and
the adoption of technology. OmoeKOH is a brand that we have just started
less than a month ago. It is created to help the younger generation,”
he added.

Also read: https://brandspurng.com/2026/06/16/nigerias-dairy-market-hits-2-8-billion-as-annual-consumption-reaches-1-6-billion-litres/

According to him, “We are trying to empower the younger generation. We
understand that the younger generation is finding it difficult to find
people to hear them out, or notice them and the ideas they have been
silently building. We have tried to create a brand where we can
recognize the young generations, the new creatives, those who have been
working tirelessly, those who have been either employers or employees,
to empower them either financially or with items that can support their
business.”

The Deputy Director-General of OmoeKOH, Henry Babatunde Ige, said the
initiative is “designed to create opportunities by supporting
innovation and technology adoption,” describing the convener as a
“silent philanthropist with an eye on business emperors of the
future.”

To ensure accountability, OmoeKOH collated contacts of all beneficiaries
and will track grant usage. The summit comes as Lagos State on boarded
19 accelerators to disburse a ₦10 billion MSME fund through LSETF.

Hamzat said, “OmoeKOH is a youth-led platform empowering Lagos’ next
generation of founders, creatives, and traders through capital, tools,
and mentorship”.

Nigeria’s Dairy Market Hits $2.8 Billion As Annual Consumption Reaches 1.6 Billion Litres

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Nigeria’s Dairy Market Hits $2.8 Billion As Annual Consumption Reaches 1.6 Billion Litres

Nigeria’s dairy industry has grown into a market valued at approximately $2.8 billion, with annual consumption estimated at 1.6 billion litres of milk and yoghurt, highlighting the sector’s importance within the country’s fast-moving consumer goods landscape.

Industry insights indicate that dairy remains one of the largest food categories in Nigeria, supported by strong demand from a rapidly expanding population and a youthful consumer base. Demographic trends continue to play a significant role in shaping long-term demand for milk-based products across urban and rural markets.

The country’s high birth rate and population growth have created a large consumer pool for dairy products, making the segment attractive to manufacturers, distributors and retail operators seeking opportunities in the food and beverage sector.

Recent shifts in consumer behaviour have also contributed to market expansion. Brandspur Brand News reports that increasing awareness of nutrition and wellness is influencing purchasing decisions, with more Nigerians incorporating dairy products into their daily diets as part of broader health-conscious consumption patterns.

Affordability, however, remains a critical factor shaping demand. Rising economic pressures and household budget constraints have encouraged many consumers to opt for lower-cost alternatives within the dairy category, particularly products positioned as value options compared with premium offerings.

The evolving purchasing habits of consumers have intensified competition among manufacturers, prompting brands to balance pricing strategies with nutritional value and product availability across retail channels.

Also read: https://brandspurng.com/2026/06/16/seven-nigerian-financial-institutions-surpass-n175-trillion-in-combined-assets-in-q1-2026/

Market observers note that the dairy segment has become increasingly competitive, with established brands maintaining strong positions while local producers continue to serve regional markets. In northern Nigeria, traditional dairy-based products remain widely consumed and form part of the competitive landscape for commercial operators.

The scale of the market continues to attract interest from prospective investors and new entrants. However, analysts stress that success in the sector depends on a clear understanding of consumer preferences, pricing dynamics, distribution networks and regional consumption patterns.

Retail penetration strategies have also emerged as a major determinant of growth, particularly as companies seek to expand access to dairy products through supermarkets, neighbourhood stores and informal trade channels.

With demand supported by demographic expansion, rising health awareness and a growing consumer market, Nigeria’s dairy industry remains one of the country’s most significant food categories and a key area of interest for businesses targeting long-term growth in the consumer goods sector.

Seven Nigerian Financial Institutions Surpass N175 Trillion In Combined Assets In Q1 2026

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Seven Nigerian Financial Institutions Surpass N175 Trillion In Combined Assets In Q1 2026

Seven of Nigeria’s largest financial institutions reported combined assets exceeding N175 trillion in the first quarter of 2026, underscoring the growing scale of the country’s banking sector amid ongoing balance sheet expansion and industry-wide capital strengthening efforts.

Latest financial disclosures show that Access Holdings Plc retained its position as the largest institution by asset size, posting total assets of N53.10 trillion as of the end of March 2026. The figure places the group significantly ahead of its peers and reinforces its standing among Africa’s biggest banking groups.

United Bank for Africa followed with total assets of N33.13 trillion, while Zenith Bank recorded N32.01 trillion, reflecting the strong market presence of both lenders across Nigeria and other African markets. Brandspur Banking News Desk reports that the asset growth recorded by leading financial institutions continues to reflect increased customer deposits, expanded lending activities and broader regional operations.

First HoldCo Plc ranked fourth with total assets of N26.88 trillion, maintaining its position among Nigeria’s largest financial services groups. Guaranty Trust Holding Company also posted a substantial balance sheet, reporting assets valued at N18.75 trillion during the review period.

Mid-tier financial groups continued to strengthen their market positions, with FCMB Group Plc reporting total assets of N7.96 trillion. Sterling Financial Holdings Company Plc completed the list with N4.07 trillion in assets, highlighting its continued expansion within the competitive banking landscape.

Also read: https://brandspurng.com/2026/06/16/nigerias-inflation-rate-climines-to-15-93-in-may-2026-as-food-prices-continue-upward-trend/

Collectively, the seven institutions controlled more than N175 trillion in assets during the first quarter, reflecting the increasing concentration of financial resources within Nigeria’s leading banking groups. The figures also come as lenders continue to align with regulatory requirements, pursue digital transformation initiatives and expand their footprints across key markets.

The asset rankings provide insight into the relative scale of Nigeria’s largest financial institutions and their capacity to support lending, infrastructure financing, trade facilitation and broader economic activity. As the sector adapts to evolving regulatory expectations and changing macroeconomic conditions, balance sheet strength remains a critical indicator of competitiveness and resilience.

The latest numbers reinforce the dominant position of the country’s top-tier banking groups, with Access Holdings, UBA, Zenith Bank, First HoldCo and GTCO accounting for the overwhelming majority of the combined assets reported by the seven institutions in the first quarter of 2026.

Nigeria’s Inflation Rate Rises To 15.93% In May 2026 As Food Prices Continue Upward Trend

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Nigeria’s Inflation Rate Rises To 15.93% In May 2026 As Food Prices Continue Upward Trend

Nigeria’s headline inflation rate increased to 15.93 per cent in May 2026, marking the third consecutive monthly rise this year, according to the latest Consumer Price Index report released by the National Bureau of Statistics (NBS).

The new figure represents a modest increase from the 15.69 per cent recorded in April, signalling continued pressure on consumer prices despite a significant decline when compared with the 26.06 per cent inflation rate reported in May 2025.

The latest data indicates that while inflation remains elevated, the pace of monthly price increases eased during the review period. On a month-to-month basis, headline inflation stood at 1.75 per cent in May, lower than the 2.13 per cent recorded in April.

Analysts say the latest figures reflect ongoing cost pressures across key sectors of the economy, particularly food, transportation and household consumption, even as broader inflationary trends show signs of moderating compared to last year. Brandspur Banking News Desk reports that policymakers and market participants continue to monitor inflation developments closely amid efforts to sustain economic stability.

Food inflation also recorded an increase during the month, rising to 16.96 per cent year-on-year from 16.68 per cent in April. However, the figure remained considerably below the 24.55 per cent recorded in the corresponding period of 2025.

On a monthly basis, food inflation slowed to 2.98 per cent in May from 3.63 per cent in April, suggesting that the rate at which food prices are increasing has begun to moderate despite persistent supply-side challenges.

The NBS attributed movements in food prices to changes across several staple commodities commonly consumed by Nigerian households. Agricultural products including maize, onions, yam, cassava derivatives, tomatoes, pepper, plantain, ginger and legumes contributed significantly to food price movements during the period.

Also read: https://brandspurng.com/2026/06/15/masterchef-nigeria-loye-gets-burnt-by-the-jollof-challenge/

State-by-state data revealed considerable variations in food inflation across the federation. Adamawa recorded the highest year-on-year food inflation rate at 29.62 per cent, followed by Kwara at 28.47 per cent and Rivers at 28.40 per cent.

In contrast, Borno, Taraba and Bayelsa posted the lowest annual food inflation rates, indicating relatively slower increases in food costs compared with other parts of the country.

Monthly food inflation trends also differed across states. Bauchi led with the highest month-on-month food inflation rate, followed by Ogun and Jigawa, reflecting stronger short-term price increases in those locations.

Meanwhile, Niger, Katsina and Gombe recorded the slowest monthly growth in food prices, with some states posting declines that suggest temporary easing in food cost pressures.

The latest inflation report comes as households and businesses continue to navigate the impact of changing market conditions, with food costs remaining a major factor influencing consumer spending patterns across the country.

Economists will be watching upcoming inflation releases closely to determine whether the recent upward trend in headline inflation persists through the second half of 2026 or begins to stabilise as policy measures and seasonal supply improvements take effect.

MasterChef Nigeria: Loye Gets Burnt By The Jollof Challenge

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MasterChef Nigeria: Loye Gets Burnt By The Jollof Challenge

Lagos, Nigeria — The heat was turned all the way up in the MasterChef Nigeria kitchen as the Top 6 faced another Black Apron Day, where one contestant’s dream would come off the boil.

This week’s challenge was a true Nigerian classic with a competitive twist: the contestants had to create a Jollof Rice Feast inspired by two regions of Nigeria. With jollof rice sitting proudly at the heart of Nigerian food culture, the judges were looking for bold flavours, regional identity, strong execution and, most importantly, a dish where jollof was the star of the plate.

For Loye, however, the challenge did not come together the way he had hoped. He was not fully satisfied with the dish he presented, and the judges shared the same concerns. While there were elements of promise, they felt he did not hero the jollof rice enough in a challenge where the beloved dish needed to take centre stage.

Chef Stone acknowledged Loye’s potential, saying he could build himself into a MasterChef, but on the day, the dish was not enough to keep him in the competition. Chef Eros encouraged him to cook with more heart, reminding him that great food is not only about technique, but also emotion, confidence and connection.

After a tough tasting, Loye’s MasterChef Nigeria journey came to an end.

Also feeling the heat were Isabella and David, who joined Loye in the bottom three.

For Isabella, the challenge was an important opportunity to prove that she belonged in the MasterChef kitchen after last week’s disastrous cake bake. She hoped her jollof rice feast would be the dish to take her out of the danger zone, but the judges felt there were too many flavours competing on the plate.

David also found himself under pressure after failing to complete his dish on time, a costly mistake that landed him among the weakest cooks of the day.

But while some dishes struggled to find their rhythm, Favy had every reason to celebrate. Even with the immunity pin in her possession, she cooked with confidence and delivered the standout plate of the day. Her dish earned high praise from the judges for its great flavours, leaving her visibly emotional and overjoyed. In recognition of her outstanding performance, Favy was rewarded with a one-year supply of Sonia products, as well as an exclusive dining experience for her and her family at Ile Eros.

Also read: https://brandspurng.com/2026/06/15/3-infrastructure-gaps-nigerian-lenders-cant-afford-to-ignore/

With Loye now eliminated, the competition has officially reached boiling point. The remaining contestants will need to bring more than just seasoning to survive — they will need heart, hustle and plates packed with purpose.

Produced by Primedia Group, MasterChef Nigeria is supported by a strong coalition of leading Nigerian brands, including headline sponsor Power Oil, alongside Indomie, Dano Milk, Malta Guinness, Sonia Tomato, Kiara Rice, Golden Penny Flour, Golden Penny Sugar, Golden Penny Garri, Golden Penny Semolina, Golden Penny Chocolate Spread, and Golden Penny Wheat.

MasterChef Nigeria continues on Africa Magic, where the search for Nigeria’s next MasterChef gets hotter with every challenge.

The show airs weekly on Sundays at 7 pm on Africa Magic Showcase and Africa Magic Family with rebroadcast on Wednesdays at 6 pm on Africa Magic Showcase and Thursdays at 12 pm on Africa Magic Family.

Next week on MasterChef Nigeria, the kitchen gets even hotter as the remaining contestants fight to stay in the competition. With Loye gone and the finale getting closer, there is no room for half-baked ideas, shaky execution or dishes that miss the brief. The pressure is rising, the judges are watching every move, and one wrong plate could send another contestant packing.

For more information and a chance to win great prizes , visit www.masterchefnigeria.com and follow the conversation on social media: Facebook: MasterChef Nigeria | Instagram: @masterchefngr | TikTok: @masterchefngr | X (formerly Twitter): @masterchefngr

3 Infrastructure Gaps Nigerian Lenders Can’t Afford To Ignore

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3 Infrastructure Gaps Nigerian Lenders Can’t Afford To Ignore

By Winston Osuchukwu

Digital transformation has modernised the front end of the credit
process in Nigeria, streamlining customer journeys and shortening the
path from application to disbursement. However, this progress has not
reached the core of the credit process. While digital application flows
are now standard, the underlying risk infrastructure remains
underdeveloped. Following the withdrawal of the Central Bank of
Nigeria’s forbearance measures, the sector’s non-performing loan (NPL)
ratio climbed to 8.03% – well above the 5% regulatory limit.

The deeper, structural flaw is that banks still run on legacy risk
models and backward-looking data: an approach that leaves existing
portfolios exposed while shutting out the vast retail market. To scale
retail and SME credit safely, forward-looking institutions must close
three critical gaps in their core credit infrastructure.

1. THE BUREAU AND DATA BLIND SPOT

Many institutions rely on a fragmented view of borrower risk. Internal
transaction data offers a deep but narrow view of a borrower’s behaviour
within one institution, while periodic credit bureau reports provide a
broad but shallow, “negative-only” history across other lenders. Because
credit bureau coverage in Nigeria remains relatively low and data
sharing is often inconsistent, neither source effectively captures how a
borrower actually earns, spends, and repays. Resolving this requires
unifying the data architecture, integrating internal behavioural signals
with diverse external streams such as payroll, utility, and alternative
financial data, to build a continuous, real-time picture of cash flow
and true repayment capacity.

2. STATIC RISK ACCEPTANCE CRITERIA

To assess a borrower’s credit eligibility, banks apply internal risk
acceptance criteria that are often static. In a volatile macroeconomic
environment marked by shifting interest rates and inflation, a
borrower’s financial reality changes rapidly, rendering these rigid,
point-in-time benchmarks obsolete. Furthermore, out of caution, these
inflexible thresholds often default to conservative rejections for
unfamiliar applicants, such as new salaried employees or thin-file
borrowers – those with little or no formal credit history for a bureau
or bank to draw on – leaving profitable loans on the table.
Transitioning to a predictive model changes risk management into a
continuous, data-driven cycle. By ingesting high-frequency behavioural
data, risk systems can dynamically govern their acceptance criteria in
real-time, allowing them to adjust parameters, optimize pricing, and
deploy interventions well before a default occurs.

Also read: https://brandspurng.com/2026/06/15/td-africa-and-check-point-strengthen-cybersecurity-partnership-to-expand-digital-security-capacity-across-africa/

3. THE COLLECTIONS DISCONNECT

In many institutions, collections teams operate in silos downstream of
the credit department, meaning critical recovery performance data rarely
gets fed back to front-end risk models. Consequently, underwriting
systems fail to  learn from actual repayment behaviours – repeating the
same structural pricing mistakes. Integrating these functions via a
direct data pipeline creates a self-learning loop, routing recovery
outcomes back into the origination engine. This empowers the risk engine
to dynamically update models, continuously refining underwriting
criteria based on real-world results to prevent future defaults and
capture lost basis points

THE BOTTOM LINE

Closing these gaps requires intentionality: moving away from
‘set-and-forget’ tools to systems that actively manage risk. It means
moving beyond fragmented data toward an integrated intelligence layer
that learns from borrower behaviour to govern automated decisions with
precision. The lenders that lead over the next year will be those that
treat credit not as an isolated transaction, but as a continuous,
dynamic process. At Mathesis, we have spent years building the engine
that makes this possible, powering over eight million loans for two plus
million Nigerians. The future of credit belongs to those who adopt this
predictive approach – and we have the proven tools and expertise to help
you get there.

TD Africa And Check Point Strengthen Cybersecurity Partnership To Expand Digital Security Capacity Across Africa

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TD Africa And Check Point Strengthen Cybersecurity Partnership To Expand Digital Security Capacity Across Africa

TD Africa has reinforced its collaboration with global cybersecurity firm Check Point Technologies through a strategic engagement aimed at expanding cybersecurity capabilities, strengthening partner development, and improving enterprise resilience across African markets. The meeting brought together senior executives from both organisations to deepen cooperation on addressing rising digital security risks across the continent.

The discussions centred on the growing demand for advanced cybersecurity solutions as businesses across Africa accelerate digital transformation and face increasingly complex cyber threats. Both companies emphasised the need to build stronger technical capacity through structured training, certification programmes and wider access to enterprise-grade security tools.

Brandspur Banking News Desk gathered that a major outcome of the engagement was a renewed commitment to expand partner enablement initiatives, with a focus on equipping channel partners with globally recognised certifications and practical expertise needed to support enterprise customers in managing evolving security challenges.

Also read: https://brandspurng.com/2026/06/15/rand-merchant-bank-coordinates-1-8bn-financing-for-kano-maradi-railway-project-to-boost-nigeria-niger-trade-connectivity/

Check Point’s Africa Channel Lead, Vincent Mabaso, highlighted the importance of proactive cybersecurity investment, noting that organisations can no longer treat digital protection as optional given the scale and sophistication of modern cyber risks. He emphasised that sustainable security depends on both technology deployment and continuous skills development across partner ecosystems.

TD Africa reaffirmed its role in driving enterprise technology adoption across the continent, stressing that cybersecurity has become a core requirement for business continuity and growth in today’s digital economy. The company said its long-standing partnership with Check Point continues to enhance its ability to deliver advanced security solutions to organisations across multiple sectors.

The collaboration is expected to further strengthen Africa’s cybersecurity ecosystem by combining TD Africa’s distribution network with Check Point’s technical expertise, enabling broader access to security solutions while supporting capacity building for technology partners and enterprise users across the region.

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