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News from the tech and telecoms sector in Nigeria

FINT

Meet FINT, the FinTech Company that wants to change micro-lending in Nigeria

FINT.ng is a loan marketplace that connects borrowers to lenders. Borrowers get access to credit at affordable rates and lenders get their money back...
Uber to ban low rated passengers from its services Kate Parker writes on Uber blog

As Uber plans to ban low-rated passengers, here’s how to avoid that

@Uber now believes that the customers are not always right. In line with this, the car hailing company plans to ban disrespectful riders. Click link for details...
LCC e-Tag glitch gives Lekki commuters a temporary tax rebate

LCC e-Tag glitch gives Lekki commuters a temporary tax rebate

Commuters can be forgiven for thinking that fortune has smiled on them and blessed them with free rides.

APP for the week: Cowrywise Personal Finance

Cowrywise is a personal finance app that enables people save by making automated deductions from their account. Money saved is then invested in money...
How to grow your net worth

Attention Techies: Andela shares useful tips for application delivery

Africa's leading tech development company, Andela, have shared (via Twitter) some very useful tips for Application Delivery. 

Startups: Funding rounds and what they mean.

Here, we take a closer look at the types of rounds and what they mean.

How Tech is disrupting Nigeria’s transport ecosystem by Fisayo Durojaiye

This is an attempt to dissect Nigeria’s technology-enabled Transportation sector.
Google

Lagosians can now enjoy free WiFi services from Google

Google has announced the launch of free Wi-Fi hotspots in Lagos.
FBI's arrest of Invictus' Obinwanne Okeke stirs controversy

Caught in the buzz: The economics of Nigeria’s “Yahoo Yahoo”

Osaz, a former yahoo boy familiar with the operations of internet fraudsters, explained the sequence of activities to Nairametrics.

WhatsApp to start charging some users soon

WhatsApp has announced plans to launch a new pay-to-use tool for businesses to communicate with their customers.
Bolt Taxify

Taxify launches operation in Ibadan and Owerri

Ride-hailing platform, Taxify has expanded its operations within the country with the launch of services.
Omowale David-Ashiru

Meet Omowale David-Ashiru, the first female Andela Nigeria Country Director

Andela has announced the appointment of Omowale David-Ashiru as its Nigeria country director.
Renmoney launch mobile centers, Fintech companies in Nigeria

Renmoney improves loan access with mobile centres

One of Nigeria's financial technology companies, @Renmoney, has begun to establish mobile centres across the country in a bid to bring financial access closer to its customers and prospective customers.

Top Nigerian Fintech Apps to watch in 2018

Fintech is relatively new in Nigeria but as with all technology driven sectors, it has become a necessity. ...
Farmcrowdy unveils commodity aggregator Farmgate Africa

Farmcrowdy unveils commodity aggregator Farmgate Africa   

Agri fintech startup, Farmcrowdy, today unveiled Farmgate Africa, its commodity aggregator platform.
Andela

Andela explains startups’ preference for Venture Capitalists over banks

In January 2019, Andela secured $100 million from foreign investors, thereby continuing a trend that has long characterised the Nigerian startup space. 
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
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.
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. 
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.
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.
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.
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...

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
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...
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.
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.

Popular

FGN Bonds, FG lists N296 billion savings bonds on NSE 

FG lists N296 billion savings bond on NSE 

The Federal Government has listed savings bonds valued at N296 billion on the Nigerian Stock Exchange (NSE)
Ecobank Nigeria appoints new officers 

Ecobank Nigeria makes senior management appointments 

Ecobank Nigeria has announced the appointment of 5 new management officers across various levels in the bank. 
Hotel chain

Game Changing in Nigeria’s Lodging Industry – Hotel Chain

Nigeria’s lodging industry gained tremendous growth along with the overall economy and business booming in Africa.