Business

Glovo Expands Presence in Nigeria with Second Digital Supermarket

Glovo, a multi-category digital application, has expanded its operations in Nigeria with the opening of a second digital Micro-Fulfillment Centre (MFC) for improved service delivery and better customer satisfaction. Glovo’s Chief Executive Officer (CEO), Mr Oscar Pierre, said this at the innauguration of the centre at MFC in Yaba on Tuesday. Pierre said that the […]

Read More
Business

E-Commerce Giant Alibaba to Split into Six Independent Companies

Chinese e-commerce giant Alibaba Group Holding Ltd. says it plans to split itself into six independently run companies that could seek separate IPOs. This comes just as co-founder, Jack Ma returned to China after spending some months overseas. Under the restructuring, Alibaba’s various businesses will be split up into six major areas: cloud computing, Chinese […]

Read More
FinTech

Coinazer, Web-Base Crypto Payment Gate & Wallet System Unveils Services

A group Nigerian tech savvy youths have developed a web-based crypto platform to facilitate seamless and borderless means of accepting cryptocurrency payment globally. Known as Coinazer, the Web 3.0 crypto platform was developed out of the curiosity of a young Nigeria tech savvy youth to solve a payment problem. Announcing the launch of Coinazer, the […]

Read More
Business

NFIU Blocks Cash Withdrawals From Govt Accounts Plans to Involve EFCC

The NFIU said the decision is in accord with Nigeria’s full transition into a cashless economy. The Nigerian Financial Intelligence Unit (NFIU) has banned cash withdrawal for all federal and states accounts, effective March 1, 2023. NFIU Director General, Modibo Tukur, who disclosed this to journalists at a conference in Abuja on Thursday, said the […]

Read More
E-Commerce

Kwik Delivery and Total Nigeria Plc Partnership on e-Commerce

Kwik Delivery and Total Nigeria Plc, has announces a partnership to develop an e-commerce fulfilment and delivery service in Nigeria. Kwik Delivery and Total Nigeria Plc will enable businesses to use TOTAL service stations as secure pickup locations of essential documents issued by the Corporate Affairs Commission to Nigerian businesses, such as Certificates of Incorporation […]

Read More
Internet

MasterCard Saves $20m of Customer’s Fund from Fraudsters, Cyber Attack with AI

Global bank card payment transaction processor Mastercard is increasingly leveraging artificial intelligence (AI) to fend off cyber attacks, hacks and breaches to keep the digital ecosystem safe. In an interview with ITWeb, Robert Brine, director of cyber and intelligence solutions at Mastercard Southern Africa, said AI technology is now protecting consumers, merchants and banks, and […]

Read More
TechEntertainment

Mondia and Jumia Launch New Gaming Service on JumiaPay App

Mondia, a technology company which specialises in the marketing and distribution of digital content and Jumia, Africa’s e-commerce platform, has announced the launch of Jumia Games, a competitively priced entertainment category on the JumiaPay App. In its first phase, the fully branded gaming portal is available in five African countries including Egypt, Nigeria, Morocco, Kenya […]

Read More
E-Commerce

Huawei in Partnership with Mondia Pay Introduce Cashless Payment in Nigeria

Huawei, in cooperation with digital payment entity, Mondia Pay now offers Direct Carrier Billing service (DCB), for seamless, contactless payments for users in Nigeria and in the MEA region through HUAWEI Mobile Services (HMS). Huawei and smartphone HONOR users in almost 20 countries including, Nigeria, Egypt, South Africa, Tunisia, Tanzania, Madagascar, Liberia, and Botswana, will […]

Read More
E-Commerce

Ogun State Offers 50% Discount for Online Payment of Land Use & Amenity Charges

As a way of encouraging residents to embrace online payment, the Ogun State government is offering 50 per cent discount to property owners and residents on amenity charges. The Ogun State Governor, Mr. Dapo Abiodun, who announced government’s intention to promote online payment in the country, said government has made payment of the Land Use […]

Read More
Internet

Online Retail to Drive Mobile Business Messaging By 2.7 Trillion in 2020

Global mobile business messaging traffic will increase by 10% this year to 2.7 trillion, up from 2.5 trillion last year. The mobile business messaging market is comprised of three main messaging protocols: SMS, RCS (Rich Communication Services), and OTT (Over-the-Top) messaging applications. The Juniper Research in its new research, A2P Messaging: SMS, RCS & OTT […]

Read More