Opay, Palmpay & Moniepoint Customers’ Fund Safe Despite Onboarding Order-Report

Nigeria’s apex bank, the Central Bank of Nigeria (CBN)  has directed fintechs OPay, Palmpay, Kuda Bank, and Moniepoint to suspend new customer onboarding until further notice thereby sending panic into…

Read More

JUST IN: NCC Funded Nigerian University Research Makes Major Breakthrough in 5G Technology Deployment

A  Nigerian University, the Nnamdi Azikiwe University has made a major technology development breakthrough in the design of the fifth-generation mobile communication system. The Department of Electronic and Computer Engineering…

Read More

Seplat Energy Achieves 2.3 million Hours Without LTI in Q1 2024

Seplat Energy PLC, a Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its unaudited results for the three months ended 31…

Read More

Africa Specialty Risks Launches ASR Syndicate 2454 at Lloyd’s

AMA PRESS RELEASE Africa Specialty Risks (ASR), the pan-African focused (re)insurance group, has launched ASR Syndicate 2454 focused on underwriting business across Africa. It is the first African focused syndicate writing…

Read More

Open Startup Ends First BRAIN DeepTech Pan African Bootcamp

AMA PRESS RELEASE Open Startup, a non-governmental organisation that fosters innovation and capacity building through entrepreneurship, education, and cross-cultural exchange, creating communities and connecting ecosystems across the Middle East and…

Read More

The Interregnum

We welcomed 2024 with dancing, high-five, kisses, hugs, and singing amidst blinking red lights everywhere, worldwide. On the left hand, the world carried a hamper of chaos into 2024 with…

Read More

15 Years After, Paga Recounts Business Gains, Says We Processed N14trl worth of Transactions

Nigerian Fintech company, Paga has counted the gains of doing business in Nigeria in the last 15 years in the industry, stating that it was able to processed about 335…

Read More

Instant Payment Transactions to Surpass $58trl by 2028 as Competition with Card Payments Increase

Instant payments market will grow by 161%, up from $22 trillion in 2024. This substantial growth will be driven by the increased popularity of A2A (Account‑to‑Account) wallets, such as iDEAL…

Read More

Africa Data Centres Unveils Programme for Colocation & Ecosystem Partnerships’ Product Portfolio Expansion

Africa Data Centres, a division of the Cassava Technologies group, is excited to announce the launch of its exclusive channel partner programme, ADC Channel. This programme is designed to establish…

Read More

Dangote Cement Export to Ghana, Cameroun Up  87.2% as Nigeria’s Demand Hits 4.6Mt

Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for the first quarter of…

Read More