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Raenest Secures $11M to Expand Cross-Border Payment Solutions
Raenest, a Nigeria-based fintech specializing in cross-border payments, has raised $11 million in a Series A funding round, bringing its...
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African Startups Start 2025 Strong with $289M Raised in January
African startups began 2025 with an impressive fundraising performance, securing $289 million in January through deals of $100,000 and above....
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Saudi Arabia Invests $14.9B in AI, Partners with Tech Giants
Saudi Arabia has made a bold move in artificial intelligence (AI), announcing $14.9 billion in investments and projects. The announcement...
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NIBSS Enhances NQR Payment System for Faster, Secure Transactions in Nigeria
The Nigeria Inter-Bank Settlement System (NIBSS) has upgraded its Nigeria Quick Response (NQR) payment system. This is to improve digital...
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Google Maps Reveals Nigeria’s Top 50 Most Searched Locations
Google Maps has unveiled Nigeria’s most reviewed restaurants, cafés, visitor attractions, parks, and museums. This reflects the places Nigerians frequently...
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SeamlessHR Targets Nigeria’s Government Sector for Expansion
SeamlessHR, a Nigerian HR-tech startup, is expanding its reach by targeting government agencies. With over 720,000 civil servants, the public...
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Bento Abruptly Lays Off Tech Team After Salary Protest
Bento abruptly laid off its 10-person tech team on Friday after they protested a delay in their January salaries, according...
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IBM Exits Nigeria and Ghana, Transfers Operations to MIBB
IBM has officially ended its direct operations in Nigeria, Ghana, and other African markets. They have transferred its regional functions...
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Nigeria targets 70% internet penetration in 2025 with New Alliance
The Nigerian Communications Commission (NCC) has launched the National Broadband Alliance for Nigeria (NBAN). This is an initiative aimed at...
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Nigeria’s 5G Connections Reach 4 Million, 4G Usage Increases
Nigeria’s 5G connections climbed to 4 million by December 2024, according to new data from the Nigerian Communications Commission (NCC)....
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