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AI Integration in Nigeria’s Financial Services Receives A Boost

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AI Integration in Nigeria’s Financial Services Receives A Boost

By: Michael Mike

3line Limited, one of the trailblazers and creators of secure payments platforms in Nigeria has organized a hackathon to explore the untapped opportunities for AI integration in the payment space.

The event, called Hack-It Challenge at Covenant University, is aimed to bring together tech-savvy youths to collaborate and develop innovative digital solutions that can address the challenges in the sector.

The participants were grouped into teams and guided to use an iterative product development method (Agile Scrum Framework) to enable digital dexterity, talent development, and team competition.

The hackathon resulted in various community-based solutions around wallets that made transactions easy and seamless, making it possible to transact with friends with ease

CEO of 3line Limited, Femi Omogbenigun, emphasized the importance of reaching out to young stars and mentoring them to become innovative and successful entrepreneurs.

He mentioned that the future of financial services would belong to the operators who leverage AI early and use it to solve problems in society.

According to Omogbenigun, the company organized a challenge with two objectives: to reach out to young stars and provide mentorship, and to showcase their commitment to innovation. The challenge aimed to engage with young people and gather insights into their perspectives on the future of payments and financial services.

Omogbenigun spoke about the potential for new technology to make payments easier and more seamless for consumers. He believes that the next game changer in payments will be a solution that solves these problems. Many of the students who participated in the challenge developed solutions around wallets to make transactions easier and more convenient, often with a community-based focus.

Omogbenigun said it was noticed that although the students demonstrated technical expertise, they lacked business pitch skills. He however said this is an area where mentorship can be particularly valuable, as it helps students to develop ideas that are bankable and can be built as a business with a structure in place.

Omogbenigun said while looking to the future of financial services, the importance of leveraging AI to solve problems in society needs to be emphasized, noting that: “While AI is not a new concept, the market is now ripe for its integration into financial services.”

Omogbenigun said that AI can help businesses become more efficient, offer better customer service, and improve business processes overall.

He disclosed that 3line Limited takes pride in being innovative and providing secure payments platforms in Nigeria. They are committed to promoting and fostering innovation in the sector, which is why they organized the Hack-It Challenge. He revealed that the winners of the hackathon were KiwiPay, Team Owo, and Quasars, who were awarded N2 million, N1 million, and N500,000 prizes, respectively.

The Hack-It Challenge successfully brought together young innovators in Nigeria and provided them with the opportunity to collaborate and create solutions that can transform the payment space. 3line Limited remains committed to promoting innovation in the sector and providing secure payments platforms that meet the needs of Nigerians.

AI Integration in Nigeria’s Financial Services Receives A Boost

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Farm quarrel ends in tragedy as 19-year-old stabs friend to death in Gombe

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Farm quarrel ends in tragedy as 19-year-old stabs friend to death in Gombe

By: Zagazola Makama

What began as a routine day on the farm in Kulani Chessi village, Balanga Local Government Area of Gombe State, ended in tragedy on Monday when a petty argument between two young men turned deadly.

The police have confirmed the arrest of 19-year-old Mustapha Adamu, who allegedly stabbed his 20-year-old friend and co-worker, Yahuza Labaran, following a disagreement while they were farming.

Zagazola Makama gathered that the two young men had gone to the farm as they usually did, but at about 3 p.m., a heated argument ensued. What triggered the dispute remains unclear, but what followed was a violent attack that left the community in shock.

Sources said that in the heat of the argument, Mustapha drew a knife and stabbed Yahuza in the left shoulder, causing a deep wound that led to significant blood loss.

Upon receipt of the report, a team of policemen was dispatched to the scene. The victim was rushed to the Balanga General Hospital, but he was confirmed dead on arrival by a medical doctor

The suspect was promptly arrested by the police and is currently in custody. During preliminary interrogation, he reportedly confessed to the act, saying he had no intention of killing his friend.

“I didn’t mean to kill him,” Mustapha was quoted as saying during his confession. “We were only arguing, and I lost my temper.”

The tragic incident has cast a dark cloud over the quiet farming village, with residents mourning the loss of a young life and calling for greater efforts to promote non-violent conflict resolution among youths.

Village elder Mallam Umaru Kalla expressed concern over the growing rate of youth violence in rural communities, especially among farm workers.

“This is not the first time a minor disagreement has escalated into something deadly,” Kalla said. “We need to start teaching our children how to resolve issues without violence. A knife should not be the answer to every disagreement.”

Police authorities have assured the public that investigation is ongoing and that the suspect will be charged to court upon conclusion.

Farm quarrel ends in tragedy as 19-year-old stabs friend to death in Gombe

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How security forces rescued eight abducted victims in Enugu

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How security forces rescued eight abducted victims in Enugu

By: Zagazola Makama

For three days, Leonard Onyeka, his wife Onyinye, daughter Chiamaka, and five other victims lived in terror, held captive by armed kidnappers in a dense forest near the 9th Mile axis of Enugu State. But on Tuesday afternoon, their nightmare ended in an emotional reunion, made possible by the tireless efforts of combined security forces.

The victims, abducted on July 19 while traveling through a remote part of the Udi–Nsukka corridor, were released unharmed on July 22 at about 1:40 p.m., following a sustained manhunt by the Nigeria Police, Forest Guards, and members of the Neighbourhood Watch.

Security sources told Zagazola Makama that the victims were freed without a ransom, as the pressure from tracking teams became unbearable for their captors, who eventually abandoned them and fled deeper into the forest.

“They could no longer cope with the heat from our coordinated operations,” said a senior police officer who spoke on condition of anonymity. “They had no choice but to release the hostages to save themselves.”

The Onyeka family, visibly shaken but physically unharmed, were among the most affected by the ordeal. They kept moving us through thick forest, blindfolded and confused. Sometimes we heard gunshots and thought our end had come,” he said. “But we kept praying, and we knew help was coming.” Said one of the victims after rescue.

Meanwhile, security agencies have vowed to maintain their momentum and bring the perpetrators to book.

“We are following every trail,” another police source said. “This is not the end , it is just the beginning of justice.”

How security forces rescued eight abducted victims in Enugu

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Shock in Enugu as mother allegedly murders two children in suspected mental breakdown

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Shock in Enugu as mother allegedly murders two children in suspected mental breakdown

By: Zagazola Makama

The quiet morning calm of Unity Road in Trans Ekulu, Enugu, was shattered on Monday when neighbours made a harrowing discovery: two children, a four-year-old girl and her three-month-old baby brother, were found dead in their home, allegedly murdered by their own mother.

Zagazola report that the suspect, identified as Chidima Arinze, reportedly committed the act at her residence, No. 47 Unity Road, in what police sources describe as one of the most disturbing domestic incidents in recent memory.

According to a Police sources, the tragic event unfolded on July 21 at about 9:00 a.m. when the Divisional Police Officer (DPO) of Trans Ekulu received a distress call. Officers were immediately dispatched to the scene.

On arrival, the operatives met the lifeless bodies of Esther Arinze, aged 4, and Chibusoma Arinze, aged 3 months. Both victims reportedly bore marks of violence, suspected to have been inflicted with a sharp object. The scene was cordoned off, and forensic photographs were taken before the suspect was taken into custody.

The children’s remains were evacuated to the Enugu State University Teaching Hospital (ESUT), Parklane, where they were certified dead by a medical officer. Their bodies have since been deposited at the hospital morgue for preservation and autopsy.

The suspect, their mother, was arrested at the scene without resistance. Preliminary investigation is currently ongoing at the Trans Ekulu Division, while the case is being prepared for transfer to the State Criminal Investigation Department (SCID) for a more discreet and comprehensive probe.

While police have not disclosed a motive, early speculation from community members points to a possible case of postpartum mental health crisis, though this remains unconfirmed.

“This is not something we’ve seen before in our area,” said one resident, who asked not to be named. “She was quiet, kept to herself. No one suspected she was struggling with anything.”

The Enugu State Police Command assured the public that justice would be pursued with thoroughness and sensitivity.

“We understand the emotional weight of this case,” a senior police official said. “Investigators are looking at every angle, including psychological evaluation of the suspect.”

Meanwhile, the Trans Ekulu community remains in mourning, stunned by a crime that unfolded behind closed doors in one of its homes.

“We are devastated,” said a neighbour. “Two innocent lives gone, and a mother behind bars. No one wins in this situation.”

Shock in Enugu as mother allegedly murders two children in suspected mental breakdown

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