Mike Rosanje, Co-founder/CEO at Cashbuddy, a .financial technology company and one of the pioneers of virtual dollar cards for the Nigerian market, in this interview with BusinessDay’s Chinwe Michael, speaks on the impact of unified exchange rate on virtual card operations in Nigeria. The unified exchange rate policy by the central bank of Nigeria (CBN) …
A new report on Fraud and Forgeries in the Nigerian Banking System shows that fraudulent activities in Africa’s largest economy resulted in a loss of N472 million during the first quarter of 2023. This amount reflects a significant decrease from the N3.18 billion reported in the fourth quarter of 2022, representing an 85 percent loss …
Grand Africa Initiative (GAIN), a non-governmental organisation enabling African youths through training and empowerment, in partnership with Development Bank of Nigeria (DBN) PLC have announced the second edition of their collaboration to train two hundred young Nigerian Women in entrepreneurship courses. The course titled ‘GAIN Entrepreneurship Masterclass for Women’ scheduled to start in July, according …
When Edoka Idoko, opened the door to his office at Montgomery Street, Yaba, his confident smile and the glint in his eyes did not give away the rough patch he took to building a fintech company that has now raised $1.2 million and is about completing a $21 million Series B funding. OjirePrime, a transparent …
Elon Musk, CEO of Tesla may have only one thing on his mind at the moment which is how to knock out Mark Zuckerberg, CEO of Meta, the company that has just released a copycat of Twitter, the social media platform he acquired through a hostile takeover. Their much-anticipated cage fight is still expected later …
Nigerians seeking to relocate abroad need to acquire the right skills, especially those who are into tech or want to transition into tech-related fields. Experts emphasise that individuals should invest time and effort into acquiring tech skills before relocating, either through online courses, certifications, or practical experience. In a survey carried out by YouGov and …
When it comes to copying and building on the ideas of other giants’ platforms, Meta’s CEO, Mark Zuckerberg is not missing in action. Zuckerberg has been in the spotlight for the past few days after launching Threads, an Instagram-based platform set to rival Elon Musk-owned Twitter. This platform undeniably possesses most characteristics of the microblogging …
Innovate Africa Foundation, in collaboration with the Silicon Valley Product Group (SVPG) and WorkNigeria, is set to host Africa’s largest tech product conference from September 18 to 21, 2023, at the Eko Convention Centre. Tagged the Inspire Africa Conference, this four-day event aims to empower the African product community by offering practical training and expert …
Juliet Ehimaun, former Director for West Africa at Google, said that the technology company has helped, through its startup accelerator programme, create some of the very big, billion-dollar tech companies in Nigeria. These technological gaints known in the tech space as unicorns, are billion-dollar companies making enormous impact in the lives of millions of people. …
Bolt, a European-based mobility company with a presence in Nigeria announced that it has surpassed 150 million customers in over 45 countries and 500 cities. According to the mobility company, the customers are spread across its suite of mobility products which include ride-hailing, micro-mobility (scooter and e-bike rental), food delivery, grocery delivery, Bolt Drive, a …