Paystack leads acquisition of struggling fintech startup, Brass
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Nigeria’s fintech company and payment giant, Paystack, has led an investment consortium to acquire the struggling startup, Brass, for an undisclosed sum….
Flutterwave suffers another major security breach, loses billions
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Nigerian fintech unicorn, Flutterwave, has suffered yet another devastating security breach, with unknown perpetrators illegally diverting billions of naira into unauthorized accounts…
Nigeria to open Startup House in San Francisco Tech Hub
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The Nigerian government is making a bold move to establish a stronger presence in the global technology scene. The Federal Executive Council…
Relief comes as MainOne completely restores subsea cable
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Internet users across West Africa can breathe a sigh of relief as MainOne, a leading subsea cable operator, has successfully completed repairs…
Bamboo launches Nigerian stocks on its platform
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Leading digital brokerage – Bamboo – has launched Nigerian stocks on its investment platform. The introduction allows Bamboo’s predominantly youthful user base…
Jumia trims losses as cost-cutting efforts bear fruit
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Every company is enthusiastic about financial growth, and this is a moment of thrill for Africa’s e-commerce giant Jumia, as the company…
Amid forex crackdown, CBN orders four fintech companies to halt account opening
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In a move aimed at curbing illicit foreign exchange dealings and money laundering activities, the Central Bank of Nigeria (CBN) has directed…
Pishon Health launches Incubator program to drive healthcare innovation across Africa
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Pishon Health, a pioneering healthcare innovation hub, has unveiled its highly anticipated Social Innovation Incubator program. This ambitious 12-week incubator is poised…
Ride-hailing services in Edo State to face new regulations
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Edo State is gearing up to introduce new regulations for ride-hailing companies like Uber and Bolt that operate within its boundaries. The…