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In a landmark decision with significant implications for the cryptocurrency industry in Nigeria, a Federal High Court in Abuja has ordered Binance Holdings Limited to provide comprehensive information on all its Nigerian users to the Economic and Financial Crimes Commission…
NCC, the Nigerian Communication Commission, and the National Identity Management Commission (NIMC) have gone on a strategic partnership aimed at enhancing the National Identity Number (NIN Sim) processes. The NIN Sim process has been going on for a while in…
Truecaller, the widely popular caller ID and spam call blocking application, has announced a significant upgrade to its spam filtering technology. This update, dubbed “Max,” leverages artificial intelligence (AI) to offer Android premium subscribers an unprecedented level of protection against…
The African Development Bank (AfDB), has a loan agreement with Fonds d’equipement Communal (FEC) in Rabat. This was done on March 15th, with the loan agreement amounting to EUR 100 million. The loan is to fund new investments and get…
The SEC (Securities and Exchange Commission) of Nigeria has taken steps to reduce risk and close all loopholes for cryptocurrency exchanges. They have done this by increasing the capital requirement for virtual asset service providers: they increased the paid-up capital…
Wasoko, a prominent eCommerce startup company in Kenya, has recently undergone radical regional downsizing in a well-calculated move to put the profitability of the business at the forefront. The company made public its decision to close its Zanzibar office and…
Zone, a Nigerian fintech company with an innovative blockchain platform as its core, has made a big step forward by getting $8.5 million in its first funding round as a separate entity. This seed funding round that greatly exceeded expectations…
OpenAI, the globally known AI research lab, has paved the way for a revolution in video production with the launch of Sora, a text-to-video generator that will be available to the public soon. This marks a great leap in AI…
It is going to be an eventful year for the fintech companies in Africa. This doesn’t exclude Wasoko, a startup company that provides convenient and cost-effective access to products and services. The Kenyan startup has unfortunately shut down its Zanzibar…
SRD SASSA payment is about to be received by those that have been approved. Payments will be processed from March 25th to March 29th, 2024. Eligible individuals should be ready to receive their grants this month. This includes the Older…
