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Bolu Abiodun
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He's a geek, a sucker for Blockchain and an all-round tech lover. Find me on Twitter
@BoluAbiodun1
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Stories from
Bolu Abiodun
Startups
Egyptian startup, Suplyd has raised $1.6 million to help businesses in the food services industry get products online
Egyptian procurement platform for hotels, restaurants and catering (HoReCa) businesses, Suplyd, has raised $1.6m in pre-seed funding to expand beyond Cairo and scale its technology
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Work
Softcom has reportedly laid off staff after owing salaries in December 2021 and November 2022
Softcom has allegedly laid off 10% of its workforce after owing salaries in December 2021 and November 2022.
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Governance & Policy
Advertisements by skit-makers, influencers, others are unverified claims and misinformation — ARCON
The Advertising Regulatory Council of Nigeria (ARCON) has said most adverts by skit makers, comedians, influencers, bloggers, and other advertising stakeholders in the digital/online media are unethical, and unverified.
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Governance & Policy
CBN governor summoned by Nigeria’s House of Reps to explain ₦20,000 ATM, PoS withdrawal limit
Nigeria’s House of Representatives has requested the CBN Governor Godwin Emefiele's presence to explain the impact and significance of the new cash withdrawal limit.
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Governance & Policy
CBN’s cash withdrawal limit: 3 ways it’s good for you and 3 ways it’s not
After the CBN’s cash withdrawal limit, some people have lauded and condemned the directive. However, here are the benefits and bad sides of CBN’s cash limit.
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Governance & Policy
CBN reduces withdrawal at ATMs, PoS, to ₦20,000 ($27) per day to further cashless policy
The news The Central Bank of Nigeria has sent a letter to all deposit money banks (DMBS), payment service banks (PSBs), and other financial institutions to limit cash withdrawals to further its cashless policy. According to the letter dated Tuesday, November 6, 2022, wi...
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Governance & Policy
Central Bank of Kenya resumes charges for mobile money wallet and bank transactions
The Central Bank of Kenya (CBK) has resumed charges for mobile money and bank account transactions.
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Startups
Estate and community management startup, VENCO, raises $670k pre-seed to digitise estate management in Africa
Nigerian software company, VENCO, has raised $670k in pre-seed funding to eliminate the hassles of living in estates or residential and commercial communities in Africa. According to the company, it wants to enhance the living experiences of Africans.
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Startups
Nestcoin-funded startup, Lazerpay, commences layoffs as lead investor pulls out
Njoku Emmanuel, CEO and Founder of crypto payment startup, Lazerpay, has announced that the company will be laying off employees in a bid to extend its operating runway
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Cryptocurrency
Where’s crypto headed from here? 3 critical questions about the future of crypto answered
The crypto market always bounces back after every crash, but with the fall of some of the market's most prominent players this year, it faces an uncertain future.
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Cryptocurrency
Nigeria’s SEC will only consider “sensible digital assets” and not crypto, as it plans to improve trading in digital assets
Although cryptocurrencies are a form of digital asset, the SEC will not promote them as investment vehicles for now.
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Emerging Tech Africa
This Nigerian robotics expert is developing a tech solution that could uncover terrorist hideouts and end terrorism
How Olusola Ayoola designed a drone that could potentially discover the hideout of terrorists in Nigeria.
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Cryptocurrency
FTX started with $200, grew to $32bn, and collapsed in 2 weeks. Here’s how it happened
Sam Bankman-Fried started FTX with $200 arbitrage trading and went from there to $32 billion. However, the company has filed for bankruptcy after three years of continuous growth. If you still don’t understand the FTX debacle, read this.
Bolu Abiodun
Bolu Abiodun
·
3 months ago
News
African Web3 startup, Nestcoin, to commence layoffs with investments caught up in FTX crash
In a statement to investors, CEO and Co-founder of African Web3 company Yele Bademosi revealed a significant portion of its stablecoin investment was held in the now-bankrupt crypto exchange, FTX.
Bolu Abiodun
Bolu Abiodun
·
3 months ago
Renewable Energy
592 million Africans do not have electricity, but this company has an AI solution
Africa has the most people living without electricity globally, and the companies building affordable renewable solutions need funding for manufacturing and distribution. Nithio wants to provide the investments, but can it do it alone?
Bolu Abiodun
Bolu Abiodun
·
3 months ago
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