CBN Fines Paystack ₦250 Million Over Zap Wallet Licensing Breach
In a significant regulatory move, the Central Bank of Nigeria (CBN) has fined Paystack ₦250 million (approxiamtely $155,400) for operating ...
Tag: Role of technology
Nigeria Launches First Indigenous AI Software To Transform Education.
In a historic move for Nigeria's tech landscape, BildUp, a homegrown technology company, has unveiled the country's first indigenous Artificial ...
Ex Microsoft and Interswitch Executives Build AI Sales Tool Tailored For African Businesses
In Africa's B2B sales space, most teams still rely on spreadsheets and outdated software to manage deals. Customer Relationship Management ...
Meta Executives Get Huge Bonuses Despite Recent Layoffs
Meta executives are cashing in big this year, even as the company slashes jobs and cuts employee stock options. A ...
MTN Nigeria Loses Top Revenue Spot After ₦400.4 Billion Loss
MTN Nigeria has lost its status as MTN Group’s top-earning subsidiary for the first time since 2019. The telecom giant ...
Moniepoint Partners with AfriGo to Launch Five Million Contactless Cards in Nigeria
Nigerian fintech giant Moniepoint has partnered with AfriGO, Nigeria’s national domestic card scheme, to introduce five million contactless payment cards. ...
Could Flutterwave’s IPO Transform Nigeria’s Stock Exchange?
Flutterwave, Nigeria’s most valuable fintech startup, might be inching closer to an Initial Public Offering (IPO) on the Nigerian Exchange ...
Apple Commits $500 Billion to US Investments, Creating 20,000 Jobs
Apple has announced a massive $500 billion investment in the United States over the next four years, marking its largest-ever ...
Meta Executives Get Huge Bonuses Despite Recent Layoffs
Meta executives are cashing in big this year, even as the company slashes jobs and cuts employee stock options. A ...
Nigeria Hits 1 Million Terabytes in Internet Usage for the First Time.
Nigeria’s internet consumption has crossed a major milestone, surpassing 1 million terabytes for the first time in January 2025. According ...