Business

Top 10 African Tech Startup M&A Deals of 2024 with Nigeria Featuring Great Deals

2024, like 2023, has been a tough year for African tech startup funding, as the sector continues to feel the effects of the global capital shortage. Nonetheless, funding is starting to return to the ecosystem, but what will encourage more local and international investors to start investing in the continent’s tech space are success stories. […]

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News

UK Based-Nigerian Tech Firm Unveils Logistics App Redefine to Rejig Industry to $460bn

OFFICIAL PRESS RELEASE Ozi (www.ozionline.com), a pioneer community-driven delivery app, launches today, offering users a new way to send packages and earn extra cash. By connecting people traveling with those needing package delivery, Ozi turns everyday trips into profitable opportunities, aiming to disrupt the global parcel delivery industry, also known as the Courier, Express, and Parcel […]

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Business

How to Mark Money from Unused Allocated Kilogram of Luggage Space During  Flight

When you fly either on local or international route, every airline by law allocates specified kilogram of luggage space to every passenger to use for free, and thereafter every excess luggage is paid for by the traveler. Very often some passengers do not exceed the volume of kilogram allocated to them while some do often […]

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News

Fintech Juicyway Secures $3m pre-seed Funding Round Just After Stealth Mode

JuicyWay, a payments startup using stablecoin technology to transform cross-border payments, has launched out of stealth mode and announced a US$3 million pre-seed round of funding. Founded in 2021 by Ife Johnson and Justin Ziegler, Juicyway enables individuals and businesses to send, receive, and process payments globally. The platform supports fiat currencies like the Nigerian Naira (NGN), […]

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Business

Billing-to-Payment Platform Startup Billboxx Closes $1.6m Pre-seed Funding to Tackle Cashflow

Nigerian startup Billboxx, an integrated billing-to-payment platform aimed at ensuring timely payments for businesses across Africa, has closed a $1.6 million pre-seed funding round to help it tackle the critical cashflow challenges faced by SMEs across Africa. Founded in early 2023 by Justus Obaoye and Abdulazeez Ogunjobi, Billboxx has built an integrated billing-to-payment platform that streamlines billing […]

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Business

NITDA Underscore Safe and Responsible Data Utilisation for Thriving Digital Economy

The National Information Technology Development Agency (NITDA) has underscored the critical role of data in driving a sustainable digital economy. Speaking at the just concluded 2024 Digital Nigeria Innovation Challenge, NITDA’s Director General, Kashifu Inuwa harped on the need for safe and responsible data utilisation. Inuwa highlighted the importance of data sovereignty in ensuring Nigeria’s […]

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Business

Qualcomm Unveils Nigeria startup, Kitovu, Nine Others Transforming Africa’s Economy in AI, Agric, Health

Qualcomm Incorporated successful completed the second year of its Make in Africa Startup Mentorship Program, culminating in the Make in Africa Finale 2024. At the event,Qualcomm showcased Nigerian startup, Kitovu, as among this year’s finalists that the Qualcomm Make in Africa 2024 program supported as well as other ten startups from six African nations, addressing […]

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Business

Nigerian Government to Introduce Digital Literacy as General Course in Universities

The Nigerian Government is planning to include digital literacy into the academic curriculum of all Nigerian universities as a step towards advancing digital skills and preparing Nigeria’s youth for the digital economy. The National Information Technology Development Agency (NITDA) is therefore partnering with the National Universities Commission (NUC) to embed digital literacy as a general […]

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Business

2023 Compliance Report: 65 million Non-Complaint Content Pulled-Down as Taxes from Social Media Platforms Hit N2.55trl

The 2023 compliance report Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries revealed that 65,853,581 content were takedown by tech giants while implementing the code of practice. According to the report, the overall statistics across all the platforms further indicated that 379,433 content were removed and re-uploaded content following appeal by users while 4,125,283 […]

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Business

Nigeria Plans Digital Technology Hubs in 200 Rural Communities for Improved Digital Infrastructure Access

The Nigeria Government plans to establish digital technology hubs in 200 rural communities across the six geopolitical zones in the country as part of its first implementation phase. Special Assistant to the President on ICT Development and Digital Innovation, Mr Tokoni Igoin, in a statement in Abuja on Sunday, while emphasising the essence of the hubs […]

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