Wealth.ng
Interswitch

Top 7 facts about the new Interswitch Block Chain Service (Supply Chain Financing Module)

The demand for blockchain-based services is on the increase globally, while the technology powering these services is growing at a rapid pace. The potential applications for blockchain technology are almost without limit
Cameroon shutdown: Techpreneur picks holes in Jumia’s operations, Jumia Technologies, Rocket Internet

Cameroon shutdown: Techpreneur picks holes in Jumia’s operations

The owner of the office space where Jumia operated in Cameroon has ridiculed the company’s operational method.
Nigeria vs Kenya, Nigerians spending pattern

REACH research report shows Nigerian spending patterns

Following the release of its annual report, comparing spending habits between Nigeria and Kenya, Nairametrics interviewed JR Kanu, the founder of Reach, a fintech company.

Nigeria missing from Amazon VS Microsoft cloud battle

Nigeria is off the radar as Amazon and Microsoft's Azure take the battle for cloud dominance to Africa.
Hollaport

Say hello to Hollaport, Kabiru Rabiu’s latest innovation in the Fintech arena

On Saturday the 6th of June, the Zone Tech Park at Gbadaga, Lagos, played host to the inaugural product launch from Hollaport Technologies Ltd.
Nigeria has one of the cheapest mobile data prices in Africa

Nigeria has one of the cheapest mobile data prices in Africa

Data from UK-based price comparison website — Cable, has shown that Nigerian telecoms companies offer some of the cheapest mobile data rates in Africa.
Nigerian Mobile Internet Users

Why Glo and 9mobile are losing their internet mobile subscribers

Nigeria's active mobile telephone users increased to 160 million in April, with internet users reaching 101.2 million in the same period, up from 100.6...
Financial Technology

Positive outlook as Africa FinTech attracts over $100 million in investments

Industry players in Nigeria's FinTech ecosystem will meet in London to deliberate on investment strategies. 
Swvl wants to expand into Nigeria

Uber’s rival Swvl wants to expand into Nigeria, but commercial buses pose a threat

Egyptian vehicle hailing company, @swvlapp, has announced it will be making an inroad into Nigeria's ridesharing market to offer services that the likes of @Uber and @Boltapp_ng are yet to offer Nigerians, but it will meet a fierce challenge from yellow (commercial) bus operators.
Kongo company result, Konga acquisitions, Konga CEOs, Zinox Group acquires Konga, Early Metrics rates Konga, Zinox acquires Konga, Konga joins Intel's Retail Accelerator Programme

Early Metrics rates Konga high among league of global Startups

Early Metrics' ratings support decision makers such as investors and corporates in identifying innovative startups worthy of their time and money.
EFCC has begun the use of drones but there is a problem..

EFCC has begun the use of drones but there is a problem..

On Saturday, March 9th, 2019, during the Gubernatorial and State houses of Assembly elections, the Economic and Financial Crimes Commission (EFCC) tweeted a picture...
MTN Group Limited, MTN Nigeria to raise N100 billion through commercial paper , Will October be a month not to remember for MTN Nigeria? , Why MTN is being dragged to court by families of American soldiers 

MTN Nigeria to raise N100 billion through commercial paper 

MTN Nigeria is seeking to raise a N100 billion through Commercial Paper (CP). The company's Head, Frontier Research, EFG Hermes, Kato Mukuru disclosed this during an interview with CNBC. 
OyaPay, Paystack, Techpoint, NCC, Fintech

CEO discloses how family affair shutdown OyaPay’s operation

One year after its launch into the financial tech space, OyaPay, a Nigerian mobile-based point-of-sale startup has shut down operations at a time Fintech companies are rebranding for growth and seeking investment for expansion.
Samsung Galaxy Fold screen malfunction, Samsung launch Galaxy Fold, Foldable phones

Samsung’s N712,000 foldable ‘Galaxy Fold’ can break without falling

Dear future owners of Galaxy Fold, there is one thing you need to know before you purchase the new innovation which is valued at N720,000.

Habari, Nigeria’s Largest Platform for Music, Shopping, Lifestyle Content and More, Goes Live

Guaranty Trust Bank plc has announced the launch of Habari, Nigeria’s largest platform for music, shopping, lifestyle content and more
Entrepreneur Photo by Ben Rosett on Unsplash

Entrepreneurs have no Shame! by Fisayo Durojaiye

I thought that being an entrepreneur would give me more time to do other things outside of waking up in the morning, rushing to join Lagos traffic and coming back home really late at night. I thought that as an entrepreneur, I will have time for other things. Alas, that’s a lie from the pit of hell.
Tech Roundup

Tech roundup: MTN joins the league of IoT, you may use 5G in your...

We go behind the scenes, focusing on some of the major talking points and backstories just to keep you updated with the latest developments in the tech space.
Computer Village, Phone Swap

Phone Swap: Phone retailers losing business segment to black market

Before you walk into a phone retail shop for a phone swap, ensure that you are not quick to anger and you are an individual with few words, because the response of the staff in charge will probably push you over the edge.
NCC

9mobile drops again, as Nigeria’s mobile internet subscribers hit 115.9m

The total number of Mobile Internet Subscribers in Nigeria reached 115.9 million in March 2019 according to the latest internet subscribers data released by @NgComCommission 
United Kingdom to deepen fintech partnership in Nigeria 

United Kingdom to deepen fintech partnership in Nigeria 

The Nigerian financial technology sector is set to receive a major boost as the UK has disclosed plans to deepen Fintech partnership in Nigeria.
OneFi acquires Amplify, Paylater, Fintech companies

OneFi acquires Amplify as part of its one-stop-shop drive

The acquisition will see OneFi take over Amplify’s assets, tradements, and flagship products.
Bolt Taxify

Bolt launches new platform for “corporate trips”

On-demand transportation platform, Bolt, has launched Bolt for Business which is a new platform for corporate trips.
Arnergy, Norwegian Investment Fund for Developing Countries, Norfund, EDFI ElectriFI, All On

Nigerian energy startup raises $9 million in Series A funding

Nigerian energy startup, Arnergy has raised about $9 million in a Series A round of funding, led by Breakthrough Energy Ventures.
Cameroon shutdown: Techpreneur picks holes in Jumia’s operations, Jumia Technologies, Rocket Internet

Rocket Internet set to list Jumia shares on NYSE

There are strong indications that Rocket Internet, owner of e-commerce platform Jumia.
Xenophobia, MTN Nigeria’s shares drop on NSE following attack on its centres in Nigeria

MTN debuts Africa’s first AI for payment

@MTNGroup has debuted the first Mobile Money (MoMo) artificial intelligence service in Africa. The company developed the AI service to aid users' navigation when operating MTN's MoMo payment and other services.
FairMoney secures EUR 10 million seed funding, to widen mobile banking services in Nigeria 

FairMoney secures EUR 10 million seed funding, to widen mobile banking services in Nigeria 

A Paris-based fintech, FairMoney has just secured the sum of 10 million euros in seed funding to widen the company’s online lending services to more customers with the aim of becoming a holistic financial platform for underserved customers, in Nigeria. 
Google, Google updates user tools after probe against privacy rights, Experts laud Google’s decision to offer banking services , Google sacks workers over data violations on security policies 

Experts laud Google’s decision to offer banking services 

Experts have lauded Google's decision to offer checking accounts by next year, noting that the service could assist Deposit Money Banks (DMBs)

Top Tech Stories for the week ended June 8th 2018

Welcome to the maiden edition of Nairametrics’ tech news roundup. This is a weekly compilation of all the main tech events and activities that...

Artificial Intelligence in Banking- Series 1

The opportunities for the application of AI in banking are immense
Tech firm announces plan to launch payment service 

Tech firm announces plan to launch payment service 

Tech solutions company, Softcom has announced to launch Eyowo, a payment service.