Wealth.ng
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.
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.

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...
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.

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...

Telecos set to settle ₦165bn interconnect debt by July

Telecommunications firms in Nigeria have finally agreed to settle their ₦165 billion-worth of interconnect debt by July, Nigerian Communications Commision (NCC) has said. The Commission's Chairman,...
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...
Jumia Travel, centres, experience

Jumia launches experience centre to ease online shopping

Jumia: Shopping can be a chore. However, it becomes easy when you have a personal shopper who can help you navigate the puzzle of purchasing and returning products. But who are we kidding, personal shoppers are a luxury only the rich can afford.

Nigerian Fintech Startup, Piggybank.ng, secures $1.1M Seed Funding

Nigeria’s Piggybank.ng, an online and mobile app savings platform targeted at African Millennials, today announces that it has closed on Seed Funding of $1.1M, from...

Taxify raises fresh $175 million investment funding

Ride-hailing platform, Taxify has announced the completion of an investment fund round of $175million which will further raise the valuation of the platform to the $1...

Opera Mini developer, Opera Software may acquire Telnet’s Paycom

Telnet Nigeria Limited is reportedly near closing a deal to sell controlling stakes in its mobile money business subsidiary, Paycom, to Opera Software, maker...

Google Impact Challenge to offer $2 million grant for non-profits in Nigeria.

Tech-giant, Google, has launched the Google Impact Challenge (GIC) Nigeria 2018. The Google Country Marketing Manager, Affiong Osuchukwu, said the initiative will see Google offer...
facebook

In partnership with CcHub, Facebook launches NG_Hub in Lagos – Its first hub space...

As part of its commitment and ongoing investment in Africa, Facebook (www.Facebook.com) today unveiled NG_Hub in Lagos, Nigeria - its first flagship community hub...
Fintech

Banks Vs Fintechs – Who should be Afraid? (Part Two)

A New Type of Disruptor There are two categories of companies that don’t get enough attention and they aren’t the typical disruptors you think about...

How VCs are encouraging terrible business practices by founders

This will likely be one of my most controversial posts. But I think these things need to be said. Like I have always maintained,...
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...
Samsung S9

Samsung Galaxy S9 and S9+; here is everything you need to know

Sleek exterior, powerful new internal components and speakers that create phenomenal sound, the Samsung Galaxy S9 and S9+ are the perfect blend of class...
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)...
Co-creation Hub, Yaba , Lagos, Nigeria.

Unilag as a missing piece in Nigeria’s tech ecosystem

While some technology entrepreneurs have stressed that Nigeria does not have a tech ecosystem, this may be unfair to the work done by the...
Photo by Annie Spratt on Unsplash

An argument for inclusive innovation with Academia as core

For a somewhat successful ecosystem, short-terministic partners must include risk capitalists (VCs and investors), the entrepreneurs themselves, a handshake with the industry and to...

Paga Eureka and suddenly ‘Savings’ is now a Feature

Nigeria’s Fintech space is gradually showing signs of maturity and consolidation. Most CEOs are looking to become the next big winners after Interswitch. Like...
Electronic Payment. Photo by Jonas Leupe on Unsplash

Tech companies and the rise of the one-tap economy

Technology companies have transformed the world over the last two decades, and for good reason. They have overtaken oil and gas and manufacturing hegemons...
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...
Photo by Jordan Andrews on Unsplash

Why MVN not BVN is the key to unlocking Nigeria’s data potential

We probably all know that there are myriads of bio-metric datasets currently available to the Nigerian government. If you have an international passport, driver’s...

Facebook hypes UBA chat bot, Leo

Facebook Co-founder Mark Zuckerberg showcased UBA's AI platform, Leo, at the recently concluded Facebook Developer Conference F8 which was held at the McEnery Convention...
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...
Facebook sues company for selling fake engagement

Facebook grows users, posts 48.9% revenue growth in Q1 2018

Embattled social-media giant, Facebook has released its Q1 2018 ended March 31, 2018, financial report. The result shows a 48.9% growth in revenue from...

Truecaller records 100 million daily active users, 20% reside in Africa

Swedish call filtering service Truecaller has announced that it has reached over 100 million daily active users. According to the company, it grew to its...
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...

mSurvey secures $3.5 million Series A funding

The mobile-first consumer feedback platform for businesses and consumers in Africa mSurvey has announced a Series A funding round of $3.5 million, the new funding...