Technology
Interswitch Ventures into Nigeria’s Telecom Sector with MVNO License
Payments leader Interswitch is making a strategic move into Nigeria’s telecommunications sector. The company, known for its Verve debit cards, acquired a Tier...
Telegram Eyes Profitability and Public Offering After User Boom
The popular messaging app Telegram is nearing financial independence and setting sights on a future initial public offering (IPO). In a recent Financial...
LemFi Appoints Allen Qu as VP of Growth to Lead Expansion into Chinese Market
LemFi, a fintech firm specializing in international payment solutions, has appointed Allen Qu as Vice President of Growth to spearhead its expansion into...
Flutterwave Shuts Down Barter to Focus on Enterprise, Remittance
African fintech giant Flutterwave is discontinuing its consumer virtual card service, Barter, to prioritise its enterprise and remittance business segments. Over the past...
Telegram Unveils Business Account Option, Enhances Connectivity for Small Businesses
Pavel Durov, the founder of Telegram, announced on Wednesday a new offering for users of the popular chat app: the ability to convert...
CBN Requires Monthly Financial Returns from Microfinance, Mortgage and Development Banks
The Central Bank of Nigeria (CBN) has instructed Microfinance Banks (MFBs), Primary Mortgage Banks (PMBs), and Development Financial Institutions (DFIs) to submit their...
Cascador Launches 2024 Accelerator Program for Mid-Stage African Entrepreneurs
Cascador, an accelerator program supporting mid-stage African entrepreneurs, has opened applications for 2024 with a focus on business growth and leadership development. This...
Fintech Startup Brass Furloughs Employees Amid Economic Challenges
Fintech startup Brass has announced its decision to furlough an undisclosed number of its employees temporarily due to prevailing economic challenges. CEO Sola...
Apple’s $10 Billion Apple Car Project Fails After a Decade
Apple’s ambitious venture into the automotive industry, known internally as Project Titan, has come to a costly and disappointing end after more than...
Breaking: MTN Suffers Network Outage Due To Fibre Cuts
MTN Nigeria’s customers are facing challenges in making calls and using data services due to prolonged network downtime. The telecom operator attributed the...
Sterling Bank CEO Urges Embrace of AI for National Competitiveness
Sterling Bank Limited’s Managing Director and CEO, Mr. Abubakar Suleiman, emphasized the imperative of prioritizing Artificial Intelligence (AI) development for both governmental and...
Flutterwave Appoints Renowned Architect Olajumoke Adenowo to Global Board
Flutterwave, Africa’s leading startup, appoints Nigerian architect Olajumoke Adenowo to its global board of directors, signalling its commitment to international expansion. As Flutterwave’s...