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Visa Invests in Nigerian Fintech Unicorn Moniepoint
Moniepoint, the Nigerian fintech unicorn, has secured a strategic investment from global payments leader Visa. This follows the company’s $110...
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GSMA Says Nigeria Needs $360M to Achieve 98% 4G Coverage
The GSM Association (GSMA) has revealed that Nigeria will require approximately $360 million in investment to extend 4G coverage to...
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SeamlessHR’s Bid to Acquire PaidHR Stalls at Informal Talks
After raising $9 million in a Series A extension in late 2024, Nigerian HR SaaS company SeamlessHR reportedly initiated informal...
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Trump Announces $500B AI Venture with OpenAI, SoftBank, and Oracle
President Trump announced a new $500 billion private-sector investment initiative on Tuesday. The aim of this initiative is to build...
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Telecom Leaders Say Nigeria’s Tariff Hike Not Sufficient
After 11 years of negotiations, the Nigerian Communications Commission (NCC) has approved a 50% increase in telecom tariffs, impacting calls,...
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Netflix Increases Prices as Revenue and Subscribers Surge
Netflix is set to raise subscription prices in Argentina, Canada, Portugal, and the United States. In a letter to investors,...
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Piggyvest Pays ₦835B in 2024, Total Payout Reaches ₦2 Trillion
Piggyvest, one of Nigeria's top savings platform, reported paying out ₦835 billion to its customers in 2024. The company now...
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Meta Removes LGBTQ+ Themes from Messenger
Meta has quietly removed the "trans" and "nonbinary" themes from its Messenger app. This is coming just as the company...
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Globacom CEO Ahmad Farroukh Resigns After One Month Amid Internal Challenges
According to multiple sources, Ahmad Farroukh, appointed CEO of Nigerian telecom giant Globacom, has resigned after only one month in...
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SeamlessHR Secures $9M Series-A Extension to Drive African Expansion
SeamlessHR, a leading Nigerian HR tech company, has successfully raised a $9 million Series-A extension round, according to sources familiar...
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