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BasiGo, the company that paves the way in electric mobility solutions in East Africa, has set a big goal: implementing 1,000 electric buses across the continent in the next three years. This grand plan seeks to transform public transportation in…
ThriveAgric, a Nigerian agritech startup, has announced a partnership with Acorn RaboBank. The partnership aims to empower 30,000 local farmers in specific states across the country. Acorn Rabobank, the climate action arm of the 125-year-old Dutch bank Rabobank, harnesses climate…
MultiChoice Nigeria Limited, a popular satellite television service, was defrauded in a foreign currency exchange deal. The service provider lost ₦7.9 billion to the deal. According to Premium Times, the questionable deal involved Akintunde Giwa, a currency exchange dealer, and…
In a very essential move to enhance transparency and accountability, the Nigerian government has introduced an instrument for its citizens: the upgraded Citizen’s Delivery Tracker App. This innovative application, which is being piloted by the Central Delivery Coordination Unit (CDCU),…
VIK Industries Limited is a leading manufacturer of plastic products located at No. 25 Asa Afarlogun Street, Ajao Estate, Akpakun, Isolo, Lagos, Nigeria. The company is known for its iconic Bristar brand established in the 1970s, it is owned by…
First Bank Holdings has arranged to raise additional capital of ₦300 billion ($231 million) at a shareholders meeting scheduled later this month. This is due to the Central Bank of Nigeria’s plans for a recapitalization drive. First Bank Holdings on…
The Nigerian Government has announced an initiative to aid identification in the country. NIMC announced the initiative on X. The government plans to roll out a new form of national identification system that comes with payment integrations and social service…
On April 8, 2024, in a move that might completely change the landscape of pay-TV in South Africa, MultiChoice Group, the Johannesburg Stock Exchange (JSE)-listed satellite television leader, announced an alliance with French media giant Canal+. This cooperation opens up…
One of the detained Binance executives, Tigran Gambaryan, was charged on Monday with four counts, including money laundering. Binance and Tigran were charged together, which Tigran’s lawyer objected to. The federal court in Abuja ordered the top Binance executive to…
Zimbabweans can rejoice that online payments are set to return after being suspended for some time. This great development follows an agreement between Zimbabwean banks and the Reserve Bank of Zimbabwe (RBZ) on the use of a new local currency.…