Fintech expert, Adedeji Olowe makes some educated guesses on the Nigerian fintech space in 2020, with WhatsApp predicted to put fintechs under threat, a major fintech acquisition and the arrival of th…
President Muhammadu Buhari signs Finance Act into law: What it means for the tech ecosystem
On Monday, Nigeria’s Finance Bill was signed into law, effectively changing the tax regime for small startups and bank account holders, and could cause an upset for e-commerce in the country.…
Data Wars 2019: Glo’s heavy loss and MTN’s continued dominance defines the battle for Internet supremacy
The battle for the share of Nigeria’s Internet market heated up in 2019 and after a closely fought battle, MTN once more pulled ahead of the pack but Glo’s loss of over a million internet subscribers …
CBN’s revised guidelines and the surface narrative of a threat to Nigerian fintech platforms
In a bid to deepen financial inclusion, CBN revised bank charges to a seemingly tolerable extent, but a lot is left to be desired when compared to what is offered by various fintech platforms…
Early-stage startups will no longer have to pay tax, if Nigeria’s Finance Bill is passed into law
Highlighting the provisions of the finance bill, Nigeria’s minister of finance has revealed that firms making less than $68,500 annually, do not have to pay taxes while medium-sized business will have…
What exactly does Truecaller do with your data? A hacker’s deep dive
Due to privacy concerns with call app Truecaller, @0xRogue — a developer and hacker — analyses the risky journey your data takes from your phone to Stockholm, Sweden, to Mountain View, California, US…
Cheki Nigeria appoints ex 9mobile executive, Chimezie Okonkwo as its new CEO
Three months after the exit of ex-CEO Gbenro Dara, Cheki, the online marketplace for new and used vehicles, appoints former 9mobile executive, Chimezie Okonkwo as Chief Executive Officer.…
Nigeria now has its first fintech industry innovation sandbox
Backed by the CBN and NIBSS, Financial Service Innovators has launched a fintech industry innovation sandbox to help innovators develop creative financial solutions and scale regulatory hurdles…
The race for data supremacy in Nigeria appears to be narrowing down to just MTN and Airtel
For the first time in five months, MTN gained more data subscribers than Airtel, but both telcos have pulled ahead of the pack as Glo seems to be losing its foothold in the race for data supremacy…
Telecom operators are the top phone spammers in Nigeria — Truecaller Report
According to the latest insights by caller ID app, Truecaller, Nigeria and other African nations once again rank top for countries affected by spam calls and SMS as network operators come out as the b…
Everything you need to know about Nigeria’s Social Media Bill and what you can do about it
We take a holistic look at Nigeria’s Social Media Bill saga, its brief antecedents, what it means, other countries that have enforced it, how it affects Nigerians, and preventive measures that could b…
Nigerian mobility giant, GIGM launches intercity and international transport services in Ghana
Following a few months of speculation, Nigerian mobility giant GIGM kick-starts its tech-enabled intercity operations in Ghana and international transport service between Lagos and Accra.…
What could IPOs in foreign stock markets mean for Africa-focused companies?
Some African startups have revealed plans to list on stock exchanges outside the continent. But based on the discouraging performance of ICT companies already listed in these bourses, should they thin…
How MTN Nigeria gained over $1.8bn valuation within just 6 months on the NSE
A look at MTN Nigeria’s performance in its first six months on the Nigerian Stock Exchange, becoming Nigeria’s most valuable company amidst executive exits, xenophobic attacks, and loss of subsc…
Beyond fashion and gadgets, why groceries should be the focus of e-commerce platforms in Nigeria
Having witnessed its struggles over the years, current trends and insights from industry players suggest a hands-on approach to the online sale of groceries could be the missing piece in the Nigerian …
Nigeria’s minister of Communications and Digital Economy orders NIPOST to temporarily go cashless
Nigeria’s communications minister has suspended the use of cash for NIPOST transactions, which could possibly curb corruption or complicate the agency’s transactions.…
From hashtags to the reality: 5 impactful social movements in Nigeria that started on Twitter
To commemorate the presence of Twitter’s co-founder and CEO, Jack Dorsey, in Nigeria, we take a look at some of the country’s biggest social movements that originated from Twitter.…
Recent NCC report suggests Airtel is winning Nigeria's internet market
In the month of September, Airtel maintained its push for the top, MTN slightly bounced back from its loss of Internet subscribers, Glo faced a surprising downtrend but it was business as usual for 9m…
How Truecaller might have cost this Nigerian user over $13,000
In what might be confirming privacy issues earlier raised by Nigeria’s regulatory agency NITDA, the price of using Truecaller appears to outweigh the benefits it offers users.…
The curious case of an allegedly dying VAS industry in Nigeria
Some VAS industry players may have caved under the weight of the NCC’s DND regulation, but others still thrive with creative innovations, proving all hope is not lost for the sector.…