Bolu Abiodun

Why 2023 is MTN and Airtel's worst financial year in the past 4 years

The year 2023 is perhaps MTN and Airtel Nigeria's worst financial year in the past 4 years. Currency devaluation and high inflation rates are some of the problems facing both telcos.

Bolu Abiodun

4 weeks ago

Internet Culture

3 reports that reveal how much Nigerians earn

How much do Nigerians earn? Here are three reports that gives us an idea of what Nigerians earn monthly.

Bolu Abiodun

4 weeks ago

Fintech

Interswitch reportedly loses ₦30 billion to chargeback fraud

African fintech, Interswitch has reportedly lost ₦30 billion to chargeback fraud.

Bolu Abiodun

4 weeks ago

Fintech

Paystack receives authorisation to operate in Egypt, Rwanda, and Côte d'Ivoire

Paystack has received necessary licences to expand in to Egypt, Rwanda, and Côte d'Ivoire.

Bolu Abiodun

1 month ago

Cryptocurrency

Why Nigeria has the highest P2P crypto transactions in the world

Nigeria ranks first as the country with the highest crypto P2P exchange volume in 2023; however, sub-Saharan Africa accounts for the least cryptocurrency value received. Here's the truth about crypto adoption in Africa.

Bolu Abiodun

1 month ago

Startups

Why DLM Trust Company renounced its appointment as escrow trustee by Patricia

Why did DLM Trust Company terminate its appointment as escrow trustee for Patricia? A source within the financial firm explains.

Bolu Abiodun

1 month ago

Fintech

DLM Trust has paused its appointment as trustee to handle the repayment of Patricia customers

DLM Trust cancels partnership with Patricia to pay ₦2 billion in withheld customer funds

Bolu Abiodun

1 month ago

Cryptocurrency

Patricia appoints DLM Capital Group to begin the first batch of customer repayments in November

Patricia has appointed DLM Capital Group to begin the first batch of repayments to customers in November.

Bolu Abiodun

1 month ago

Startups

How this 3-month-old startup manages ₦2.5 billion worth of construction projects across Africa

After building a robust tech career in Canada, Abiola Abraham decided to give back to Nigeria but changed her mind after three years in the country. Today, she's building a startup to solve the problem that chased her back to Canada.

Bolu Abiodun

1 month ago

Cryptocurrency

Patricia pleads with customers to turn its alleged ₦2bn debt to shares

"They said they are turning my money into shares, and I have no choice right now,” said Abraham Nelson, recounting his conversation with a representative of the crypto exchange.

Bolu Abiodun

2 months ago

Startups

How Mecho Autotech is going from a vehicle repair and maintenance startup to a data company anticipating $400 million in yearly revenue

Mecho Autotech started out by connecting vehicle technicians with vehicle owners, but it's adding a new data layer that could see it earn $400m in yearly revenue.

Bolu Abiodun

2 months ago

Fintech

Airtel's PSB, SmartCash now allows Nigerians to receive remittances into their mobile money wallets

Users of Airtel's SmartCash can now receive foreign transfers in naira following the CBN's approval of a naira payout option for diaspora remittance in July 2023.

Bolu Abiodun

2 months ago

Governance & Policy

12 landmark policies that have shaped Nigeria's tech ecosystem over the years

Nigeria's tech space has come a long way since 1960, and while we have innovative individuals and companies to thank, there wouldn't be a tech space without some policies, 12 of which you can find in this article.

Bolu Abiodun

2 months ago

Fintech

Paystack has built an offline payment solution that will not require PoS machines

Paystack has built Virtual Terminal. A way for physical stores to accept payment without the additional cost of PoS machines.

Bolu Abiodun

2 months ago

Governance & Policy

Bosun Tijani unveils plan to equip 3 million Nigerians with tech skills by 2027

@FMoCDENigeria has unveiled plans to equip 3 million Nigerians with tech skills. It plans to retain 1.5 million in the country, while the remaining can explore global opportunities.

Bolu Abiodun

2 months ago

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