Flutterwave, a leading payment solutions provider has said that the reported freezing of the company’s accounts in Kenya by a high court in Nairobi for 14 days was a procedural step in such civil cases, condemning media reports that it said sensationalised the story. “We are of the view that the article(s) intentionally sensationalizes the …
Talstack, a business-to-business (B2B) software as a service (SaaS) learning platform has successfully secured $850,000 in pre-seed funding, led by Ventures Platform. Seni Sulyman and Kayode Oyewole, experienced operators in the African tech ecosystem, teamed up to launch the tech firm with the aim to address the pressing need for talent upskilling and support in …
The first Amazon CloudFront edge location has been launched in Lagos by Amazon Web Services, offering users what the company says will be more secure and dependable connectivity to the extensive AWS global network. According to a statement, this comes with support for essential AWS edge services like Amazon CloudFront, AWS Shield, and AWS Web …
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta, has invited international telecom companies and potential investors to take advantage of the opportunities presented by Nigeria’s population of over 200 million people to invest in its telecom sector, especially in infrastructure provisioning for broadband. As contained in a statement issued by …
With a roadmap in place, the Policy Advisory Council of the new administration of President Bola Tinubu has put forward an ambitious proposal to propel Nigeria’s economy to $1 trillion within the next eight years. According to the recently released Policy Advisory Council Report, dated May 2023, the Federal Government aims to achieve this economic …
Douala, Cameroon|| Nigeria has an opportunity to profit from the multi-billion dollar sorghum market as global beer makers are canvassing the increased use of sorghum for brewing. According to VLB Berlin, a German-based educational institution in the global brew industry, European brewers are looking for more sustainable, affordable, and versatile brewing ingredients and sorghum is …
Bismarck Rewane, CEO of the Financial Directive Company and economic adviser to former President Muhammadu Buhari, has called for the need to reform the institutions of government in Nigeria. His advice comes in the wake of some key monetary policy changes taken by President Bola Tinubu to not only reform the sector but also help …
…recommends steps to sustain long term positive momentum Yemi Kale, partner and chief economist, KPMG The federal government’s decision to remove petrol subsidy and also unify the country’s exchange rate will result in a spike in the rate of inflation for June and July 2023, as an immediate consequence of both policies. Yemi Kale, partner …
ErrandPay, a Nigerian-based Fintech Company, has introduced a cost-effective Point-of-sale (POS) solution to empower Microfinance banks (MFBs) and Fintech founders According to the company, the solution aims to break the chains of innovation constraints, sluggish market entry, and stakeholder management that have long prevented MFBs from embracing digitalisation and reaching their full potential. Ajibola Awojobi, …
Seamfix, a software provider said it has impacted the empowerment of the 100 million national ID enrollment vision through it’s licenced partnership with the National Identity Management Commission (NIMC) NIMC in 2020 set-out to register 100 million people in three years and embarked on a massive registration drive to enroll 2.5 million people monthly for …