Business
ETranzact Revenue up 22.6% to ₦16.28 Billion, Profit Slides as Costs Rise
Revenue rose 22.6% to ₦16.28 billion in H1 2026, but cost inflation pushed operating profit down and operating cash flow into negative ₦6.86 billion.
Revenue rose 22.6% to ₦16.28 billion in H1 2026, but cost inflation pushed operating profit down and operating cash flow into negative ₦6.86 billion.
Court Freezes 69 Accounts Over Alleged N1.39bn eTranzact Fraud
A Federal High Court in Abuja has ordered 12 banks and six fintech platforms to place post-no-debit restrictions on about 69 accounts linked to alleged unauthorised transactions on eTranzact’s payment ecosystem.