What the Cashless Policy and your local Mai Shayi have in common

by | Mar 18, 2017

Over the week, we had Emeka Okoye – a seasoned software engineer, semantic web architect and all round tech evangelist who has over two decades’ industry experience behind him – stop by our office for a chat.

During the engaging video session, he had a lot of interesting things to say about the Nigeria tech ecosystem (or the lack thereof?) and what the CBN’s cashless policy has to do with the average Mallam selling tea and Indomie on the streets.

You can read/watch the entire interview here.

This week on Techpoint

Watch a video version of this newsletter or read on below


Most promising young African entrepreneurs for 2017. Every year since 2013, Forbes’ Mfonobong Nsehe has put together a list of 30 remarkable young entrepreneurs under the age of 35, who are making the most spectacular impact on business in Africa.

Last year, we shared with you 5 Nigerians that made it to the Forbes 30 most promising African entrepreneurs list; this year, 5 Nigerians also made the list.

.africa domain is finally here! It’s been 32 years since the popular .com domain name was introduced. Now, Africa has finally has it’s own web identity and you can purchase it soon.

Nigerian internet startups that have been acquired by local and international firms. In sharp contrast to foreign deals, acquisition of Nigerian internet startups is usually shrouded in secrecy.

Nevertheless, Techpoint’s Grace Akinosun was able to compile a list of startups that have been acquired so far by local and international organisations.

Nigerian startups and tax compliance. Still on the matter of startups, a recent survey showed that 80% of small businesses and startups in Nigeria do not pay taxes.

Techpoint’s Victor Ekwealor explores this phenomenon and the factors surrounding it.

115 Megawats of of Power. A 115MW gas turbine by Transcorp Power Ughelli has been unveiled in Delta State.


Techpoint’s Tobi Fadoju explores what this could mean for the Nigerian power sector.

An Open Letter to Gov. Akinwunmi Ambode. It is no longer news that the Lagos state governor promised to provide Yaba-based startups with grants and stable electricity.

In light of this, R.J. Musa, founder of Asuqu.com, penned an insightful open letter to the governor.

Startup Weekly

Every weekday at 9AM (West African Time), we feature up and coming startups looking to break into the Nigerian tech scene.

This week’s featured startups

Consumer Weekly

Why you should unplug electronic devices when they’re fully charged. In parts of the world where electricity is not stable, the fear of low batteries causes users to always have their devices plugged.

However, there are dangers associated with leaving devices plugged in, especially after they are fully charged.

This post is an extract from our weekly newsletter. If you would like to receive summaries like this every week in your email box, you can subscribe here

Múyìwá Mátùlúkò
Múyìwá Mátùlúkò

Chief Servant. I bully myself because I make me do what I put my mind to.

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