News

Fintech Leads In Funding: African startups have announced a total of $138 million in funding across equity, debt, and grants, according to the latest report from Africa: The Big Deal. This report came in September. Although the funding falls short…

OPay, one of Nigeria’s leading financial institutions, recently unveiled its groundbreaking Opay Large Transaction Shield feature, designed to provide users with unparalleled control and protection over their funds. Recognizing the increasing importance of secure digital transactions, OPay has developed this…

NFX Lays Off Employees: NFX, a venture capital firm, has laid off four employees in September, as the firm looks to “rebalance” its resources from its software and product teams to its investing team, general partner Pete Flint told TechCrunch.…

Ubisoft Buyout: Tencent Holdings and Ubisoft Entertainment SA’s founding Guillemot family are considering options including a potential buyout of the French video game developer. This comes after the company lost more than half its market value this year, according to…

OpenAI largest VC round: OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable private companies in the world. OpenAI Closes…

Telecom Stakeholders Accuse NCC: The Nigerian Communications Commission (NCC) has come under heavy criticism from stakeholders in the Nigerian telecom sector over the recent internet subscription price increment announced by Elon Musk’s Starlink.  Telecom Stakeholders Accuse NCC of Double Standard…

Meta owned messaging app, whatsapp, introduces filters and backgrounds to make video calls more engaging and fun. Users can now personalize their video calls with custom backgrounds and filters, and add a creative and personal touch to both one-on-one and…

Unity Bank partners with ANWBN. The bank has hosted a capacity-building workshop to support the Association of Unity Bank Partners with ANWBN: Nigerian Women in Business Network (ANWBN) in a move aimed at empowering women entrepreneurs with the necessary skills…

SquirrelPR, Africa’s leading all-inclusive PR management platform, is set to empower startups at the highly anticipated #StartupSouth9 Conference.  Scheduled for October 3-4, 2024, in Port Harcourt, Rivers State, this year’s conference is themed “Deep & Broad: Extending Frontiers of Technology…

Starlink Subscription Fees in Nigeria: Starlink, SpaceX owned satellite internet provider, has announced a significant price increase for its services in Nigeria, raising monthly subscription fees by 97%. Starlink Subscription Fees in Nigeria Increase This moves the initial price fromN38,000…