Newsletter Subscribe
Enter your email address below and subscribe to our newsletter
Nigerian fintech companies, including Opay, Kuda, and Moniepoint, have resumed adding new customers to their platforms following a recent government action aimed at tightening regulations in the fintech sector. The move marks a significant shift in the industry’s trajectory, as…
NLC strike e-hailing drivers shutdown! The Nigerian Labour Congress (NLC), the umbrella body for trade unions in Nigeria, has called a nationwide strike beginning on Monday, June 3rd, 2024. The strike action comes amid rising inflation and an economic downturn…
Qualcomm has introduced new PC Chips, which are more effective and reliable. The company highlighted that owners of laptops built on its new chips can use computers for a long time without worrying about a dead battery. Both Microsoft and…
MultiChoice’s independent board termed France’s Canal+ bid for the shares it does not own in South Africa’s MultiChoice as “fair and reasonable”. Canal+, which is a part of French media group Vivendi, made a firm offer of 125 rand in…
Expansion to Africa has been ongoing for a while, and South Korea has keyed into this initiative. South Korea has decided to expand development aid to Africa. The country plans to pursue deeper cooperation with the African region on vital…
Equity Market Gains: Trading on the Nigerian Exchange Ltd. (NGX) this week closed at a high rate: an increase of 1.73 percent to the previous rate. This follows investors’ increased demand for banking, insurance, and oil and gas stocks. Equity Market…
African electric vehicle (EV) company, Spiro, has made a significant impact on the global stage by being named among TIME’s 100 Most Influential Companies of 2024. This prestigious recognition highlights Spiro’s remarkable contributions to sustainable transportation and innovation across Africa,…
Lagos attracts 80% of innovation funding into Nigeria! Lagos State Government is currently creating its version of the Nigeria Startup Act, known as the “Lagos Innovation Bill.” The bill will be designed to include the provisions of the Startup Act…
In a move that is set to reshape the Nigerian fintech landscape, Nigerian fintech startup Brass was acquired by a consortium led by financial technology giant Paystack, according to a report by Techpoint Africa. The acquisition comes at a time…
Global Fintech Drops: Global investment in fintech declined badly in the first quarter of the year. The investment fell by a tremendous 16 percent in the first three months of 2024. This assertion was revealed in a report by CB…