FairMoney in talks to acquire Umba in $20M all-stock deal
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FairMoney, a Paris-based digital bank operating in Nigeria, is engaged in early discussions to fully acquire fintech startup, Umba, in an all-stock…
Disha, Flutterwave's no-code platform, to temporarily shut down operations
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Disha, the no-code platform for creatives acquired by fintech startup Flutterwave in 2021, has announced it will temporarily cease operations starting March…
CBN to introduce new tools to fight POS fraud
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The Central Bank of Nigeria (CBN) is collaborating with banking and payments industry groups to implement new anti-fraud measures for point-of-sale (POS)…
How to get Tesla Electric Vehicles in Nigeria: challenges and solutions
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Tesla is one of the world’s most popular Electric Vehicle (EV) manufacturer. The company, which has Elon Musk at its topmost decision-making…
NIMC suspends external agents from NIN registrations to audit process
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The National Identity Management Commission (NIMC) has temporarily halted third party agents from registering Nigerians for the National Identification Number (NIN). NIMC…
Patricia CEO alleges Nigerian lawmaker masterminded crypto exchange hack
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The CEO of troubled Nigerian cryptocurrency exchange Patricia has accused a sitting member of the House of Representatives of masterminding the platform’s…
Nigerian Fintech - Cleva - raises $1.5m to offer Dollar accounts across Africa
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Nigerian fintech startup, Cleva, has secured $1.5 million in pre-seed funding to expand its platform, enabling Africans to open U.S. dollar accounts….
Microsoft backs Tech4Dev to create 100,000 jobs for African youths
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Microsoft has partnered with Nigerian social enterprise, Tech4Dev, to help provide employment for 100,000 young Africans over the next seven years through…
Flutterwave strengthens its executive team with new hires
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African fintech startup, Flutterwave, has hired six executives to strengthen leadership in risk, compliance, and global partnerships as the company rapidly expands….