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African payments giant Cellulant has withdrawn from the Nigerian mobile money sector, which represents a major development in the country’s financial ecosystem. This action was prompted by the Central Bank of Nigeria (CBN) revoking Cellulant’s mobile money license. A Pillar…
Apple ignited a firestorm of excitement among developers worldwide with the official announcement of its annual Worldwide Developers Conference (WWDC24). Mark your calendars for June 10th to 14th, 2024, because this promises to be a week bursting with revolutionary announcements,…
MTN Group, a leading telecommunications company, has recently announced the appointment of Mike Silber as the new Group Executive for Regulatory Matters. This strategic move by MTN aims to strengthen its regulatory affairs and compliance functions, signaling a proactive approach…
Meta, the parent company of Facebook and Instagram, has been hit with serious charges after unsealed court documents revealed a secret operation called “Ghostbusters.” These papers state that Meta was involved in an organized effort to spy on rival tech…
The National Youth Service Corps (NYSC) program is a one-year compulsory service for all Nigerian university graduates within the stipulated age bracket and under the right physiological and psychological condition. It is pertinent that prospective corps members acquaint themselves with…
mTek, a Kenyan InsurTech company that is at the forefront of digital insurance solutions in Kenya, has managed to secure a substantial investment of $1.25 million. This investment round will support the mTek ambitious expansion strategies across East Africa, thereby…
The Nigerian tax environment was fundamentally altered on Monday, March 25th, 2024, when the Federal Inland Revenue Service (FIRS) charged Binance with tax evasion. This development signifies a major advancement in the current scrutiny of cryptocurrency operations within Nigeria, particularly…
The European Union (EU) has taken a significant step towards the creation of a level playing field in digital sphere by initiating investigations against three tech giants: Apple, Google’s parent company Alphabet, and Meta (formerly Facebook). The investigations are based…
The Africa Fintech Summit (AFTS), a pacesetting body in the African financial technology space, that encourages innovation and collaboration, has published a landmark report with the title “Nigeria Fintech Marketing Outlook 2024”. This study of its kind throws more light…
In a move set to redefine the financial landscape of East Africa, Nigeria’s premier financial institution, Access Bank Plc, has just concluded an agreement to buy Kenya’s National Bank from KCB Group Plc. This momentous acquisition marks the ongoing expansion…
