Wealth.ng
Mastercard buys Jumia shares, Jumia get $56 million from Mastercard, Jumia NYSE IPO listing, MTN, Jumia Investors, Q3 ’19: Jumia grows revenue by 52%, Like Gabon, Congo, Jumia shuts operations in Cameroon, Jumia: Platform that holds the Ace in Africa 

DEAL: Jumia has sold its real estate assets portal to EMPG’s Mubawab

Dubai-based Emerging Markets Property Group (EMPG), Mubawab has secured the purchase of Jumia's North-African real estate portal, Jumia House.

Artificial Intelligence, Andela and Africa’s looming technology slavery

Globalization, software and the Internet are changing the world faster than we all can catch up. From election hacking to disruption of transportation to...
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...
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.
Google’s CEO becomes CEO of Alphabet as founders, Page and Brin step down

Google’s CEO becomes CEO of Alphabet

Larry Page and Sergey Brin announced that they would be stepping down from the post of CEO and President of Alphabet respectively. 
Konga offline

Analysis: What the future holds for the New Konga!

We’ve all read about what likely went wrong with Konga. I wrote a piece about that as well, but before then I had written...
Facebook. Photo by Tim Bennett on Unsplash

Mark Zuckerberg responds to the data breach scandal

Facebook Billionaire Mark Zuckerberg has apologized in the wake of the recent data breach of over 50million users. The tech giant said that the world’s...

These Nigerian entrepreneurs have benefited from Alibaba’s training in China

4 Nigerians are among beneficiaries of the UNCTAD and Alibaba Business School training in China for 29 young Africans.
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. 

Startups: Funding rounds and what they mean.

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

Nigerian agric-tech startup, EZ Farming clinches $150,000 seed funding 

EZ Farming is the latest agricultural technology startup to benefit from a $150,000 seed funding from 500 startups,

These founders have now joined the Tech Billionaires Club

Over the years, we have heard about billionaires like Bill Gates, Mark Zuckerberg, Jeff Bezos, Elon Musk and many others.  We know about their...
FBI's arrest of Invictus' Obinwanne Okeke stirs controversy, Invictus Obi: Court forfeits Obinwanne Okeke’s N280 million to FG 

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.
co-founder, startup

Population increase a beacon of hope for Nigerian Startups

By 2050, Nigeria will become the 3rd most populous country in the world. This is as reported by the United Nations.  It is expected...
Fintech

Banks Vs Fintechs – Who should be Afraid?

On the 6th of April, 2016 while addressing a church congregation at This Present House (TPH) in Lekki, Lagos, the CEO of Guaranty Trust...
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 

Just like Facebook, Google is under investigation 

Similar to what Facebook is again under probe for, emerging reports have it that Google is currently under antitrust investigations by the United States Government. 

Tolet.com.ng rebrands, changes name to PropertyPro.ng

Nigeria's online real estate company ToLet, has formally announced a change of name to  PropertyPro.ng. Recall that the property search and eCommerce site, ToLet, acquired Jumia House website...

Matatu, ‘Keke-uber’ signs partnership deal with Bajaj Motorcycle.

Early in the year, there were predictions that certain startups that might struggle in 2018. One of the highlighted startups is Matatu, founded by Samuel Ajiboyede who...
CcHub’s Bosun Tijani discloses expansion plans following iHub acquisition

CcHub’s Bosun Tijani discloses expansion plans following iHub acquisition

Following the acquisition of iHub, Bosun Tijani, the CEO, has shared details of his strategy for operating the multi-country hubs.  
Facebook sues company for selling fake engagement

Embattled Facebook losses another Director

Social-media giant Facebook has announced that WhatsApp Co-founder, Jan Koum will be leaving Facebook. Koum revealed that he's is resigning to pursue other interests. There...

How NCC plans to combat call-masking and save the telecoms sector

NCC plans to combat the problem of call-masking once and for all by deploying a technological solution.
FutureHackk Agriculture

Win N3 million in the upcoming FG FutureHack challenge; apply now

@nitdanigeria's FutureHack challenge is currently accepting and reviewing applications to be shortlisted as part of its July 2019 hackathon event.

Much Ado About Nothing – The Andela Uproar!

Let me start with an apology. I was meant to publish the second episode of the ongoing series on capital raising, however, I got...
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.
Truecaller records 130% growth so far this year, Truecaller responds to breaching Nigerian’s privacy rights , Nigeria ranked among top 20 countries affected by spams calls, SMS - Truecaller 

Nigeria ranked among top 20 countries affected by spam calls, SMS – Truecaller 

The volume of unsolicited calls and messages, otherwise called spam has increased globally. This is according to Truecaller’s annual report.
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...
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)...
Truecaller records 130% growth so far this year, Truecaller responds to breaching Nigerian’s privacy rights , Nigeria ranked among top 20 countries affected by spams calls, SMS - Truecaller 

Truecaller records 130% growth so far this year 

Swedish mobile app, Truecaller’s subscribers' base has grown by 130% this year. The call identity app added one million subscribers globally to its paid subscription service, Truecaller Premium.  
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.