Paga Hits N1.5trn in Transactions Paga, one of Africa’s leading mobile payments companies, announced it has finally crossed N1.5 trillion in transactions. Launched in August 2012,...
Kobo360 Raises $30m from Goldman Sachs, Others Nigerian logistics startup, Kobo360, has raised a total of $20 million in Series A funding led by a global...
Verve Partners Discover Global to Launch International Transaction One of Africa’s leading payments technology companies, Verve, has partnered Discover Global Network to launch the Verve Global...
OPay Introduces OTrike, Tricycle Service OPay, Opera owned payments platform in Nigeria, has launched a tricycle hailing service, OTrike, in Aba. The company recently raised $50...
Tumblr Tumbles From $1.1b to $3m After years of poor revenue generation, Verizon has announced plans to sell Tumblr to Automattic Inc., the owner of WordPress....
Almost 700 Telecom Masts Marked for Demolition by NCC A total of 693 abandoned telecom masts have been identified and marked for demolition across the country...
HarmonyOS: Apple, Google to Lose Emerging Markets Following US sanctions that prohibited American companies from dealing with Chinese companies –including Google, Android manufacturer –Huawei, the world’s...
Jumia Share Plunges Below $14.50 IPO Price The embattled Jumia ‘Amazon of Africa‘ has continued to struggle despite reporting a better than expected revenue in the...
E-Tranzact Records N30trn Data Revenue in 2018 Following MTN Nigeria first-quarter financial statement results that showed Nigerians on the network spent N360 billion on airtime in...
Nigerians to Pay 5% VAT on Online Purchases Cost of buying goods online may surge next year as the Federal Inland Revenue Service (FIRS) perfects plans...