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Financial Technology

The regulation fueling the continuous rise of Fintech in Nigeria by @AremoFisayo

The United Kingdom is arguably the most Fintech-friendly nation on earth; hence, it is a major Fintech hub.
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.
Photo by Thomas Millot on Unsplash

9mobile Acquisition: NCC, CBN officials claim ‘no knowledge’ of who Teleology’s paid $50million to

The chairman, House committee on Telecommunications, Hon. Saheed Akinade-Fijabi has threatened that the House of Representatives may be forced to stop the ongoing sale of...
UK demonstrates commitment to the advancement of West Africa’s Agro-Industry

UK demonstrates commitment to the advancement of West Africa’s Agro-Industry

The United Kingdom continues to demonstrate its commitment to ‘doing better business’ on the African continent with the inaugural edition of the UK-West Africa Agritech Summit organised by the UK Department for International Trade.

Opinion: Is NITDA’s grant to these startups a joke?

According to reports by Techpoint, Nigerian Startups raised a total of $9.24m in Q1 2018. The report reveals that 14 were involved in forms...

Lagos Innovates: LSETF launches coworking hubs, loans for startups

The Lagos State Employment Trust Fund, LSETF, yesterday announced “Lagos Innovates”, a series of programs designed for the benefit of technology- and innovation-driven startups...
Tech Roundup

Nigeria Tech Roundup: Paylater, Uber, Nairabet all in the news

This week, we bring you a compilation of the major tech events and activities that made the news.

#StartupSouth to hold annual entrepreneurship conference in Owerri come November 2nd

#StartupSouth, has announced that its 2018 annual startup conference (#StartupSouth4) will hold on November 2, 2018.
Damilola Runsewe, Senior Manager, Corporate segment, EBU, MTN Nigeria.

MTN partners Diamond Bank and others, host Techfest2018 in Lagos

A Glimpse into the Future of Nigeria’s Tech Scene The maiden edition of TechFest, themed ‘Spark Your Curiosity’ brought together thousands of digerati (tech enthusiasts)...
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. 

Piggybank.ng grows savings by 3000% to N1 billion in 2017

Piggybank.ng, a Nigerian fintech company, had a solid 2017 performance despite the economic challenges Nigeria faced last year. In an overview  for last year, posted ...
Facebook's cryptocurrency, Tech Hub, Here is why Facebook is under probe again

Facebook is considering paying media outlets for news tab

Media organisations could soon begin to receive paychecks from Facebook, as the CEO, Mark Zuckerberg, plans to create a news tab for quality news sources.

Taxify introduces new feature for its drivers

In its bid to ensure the safety of its partner drivers, Taxify has introduced a new feature, an SOS button, on its ride-hailing app...

Artificial Intelligence (AI); Your jobs, sex dolls and what else is coming

Like every other tech buzzword, Artificial intelligence or AI as it is more popularly called, has dominated the tech blogs, conferences, funding news and...

What can Nigeria learn from M-Pesa’s partnership with Google?

Kenyans now have an easier way of paying for Google apps, as telecommunications operator Safaricom, has enabled payments for the apps using M-Pesa. The...

NCC wants investors to fully harness the potentials of Nigeria’s tech sector

Nigeria currently has a very vibrant tech ecosystem with a lot of investment opportunities.

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

Jumia goes tough on its vendors

E commerce giant Jumia, has rolled out new standards vendors on its platform are expected to adhere to.  Chief Executive Officer (CEO) of the company,...
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.
Konga offline

Konga appoints ex-Nokia VP as New CEO

Nairametrics| Konga has announced the appointment of Nick Imudia as its new Chief Executive Officer (CEO). Konga is one of Nigeria's leading e-commerce company. In an...
CBN, Inflation, CBN to issue N1 trillion treasury bills, CBN seeks standard practice from fintech operators , Contractors in CBN, Ministries and MDAs inflated contracts by N26.86 billion – Reports , 13 banks disbursed N15.9 trillion loans to customers as CBN deadline approaches

CBN seeks standard practice from fintech operators 

The Central Bank of Nigeria (CBN) has sought standard practice from financial technology companies (fintechs).

This is Farmcrowdy: The startup leading Agrictech in Nigeria

When Nairametrics team visited Farmcrowdy's office on the Island,  it was as if we were stepping into a farmland. At the waiting area, we...
Tech developers

Nigerian Tech Developer Exodus: The grass is greener on the other side

For the past few years, until recently, conversations regarding the Nigerian Tech Developers exiting to other developing countries had been rife. People were concerned...

Kobo360 set to scale operations to other African countries

Logistics startup, Kobo360, has raised a $6 million equity investment led by the International Finance Corporation (IFC) with participation from others including Silicon Valley investors WTI

Google introduces an app to help users save cost on data

Tech giant google has introduced Datally, an app that will enable customers manage their data subscriptions more effectively. The app is targeted towards emerging...
Another Yahoo downtime breeds fear 6-years after data breach affected 3 billion accounts 

Another Yahoo downtime breeds fear 6-years after data breach affected 3 billion accounts 

Yahoo Services have been down for hours today, Thursday. The technology company is currently experiencing a technical issue that has affected all its mail users globally, including Nigeria.
Elon Musk, Tesla, SEC, Stock, Twitter

Elon Musk fires back at SEC on twitter

Elon Musk and the United States Securities and Exchange Commission have continued their verbal attack.

TSTV vs DSTV: How to take on a Monopoly

Last week I wrote a post mortem, my thoughts on why I believed GoMyWay failed. Seriously guys, I did not enjoy it. This week,...

Here is why FG will support a ban on importation of computer products

Operators in the Information and Communication Technology, may have cause to smile soon as the Federal Government may be considering a ban on items...
Mathew McCooe, CEO of Connecticut Innovations

How Nigerian entrepreneurs can participate in this $5m global venture challenge

Nigerian startups are in for good times as VentureClash comes to Lagos this May. The competition is slated to hold at the Radisson Blu in Lagos between...


Disney, Apple

Bob Iger resigns as competition stiffens between Apple and Disney

The CEO of Walt Disney Co, Bob Iger has resigned from Apple Inc’s Board of Directors as competition stiffens betwen the companies.
 BPP statements on inflated contracts, misleading - Fashola alleges  , FG to construct, fix 14 roads with N166 billion 

FG to construct, fix 14 roads with N166 billion 

Following the memorandum sent by the Ministry of Works and Housing to the Federal Executive Council, the Federal Government (FG) has approved the sum of N166 billion for the construction and rehabilitation of 14 roads across Nigeria.
petrol, fuel, Nigeria, importation, import,

Nigeria saved N670 billion from petrol importation in 6 months

The latest foreign trade report released by the National Bureau of Statistics (NBS) shows that Nigeria saved N670 billion on the importation of Premium Motor Spirit (Petrol) in half-year 2019.