A look at the status of the free WiFi service at the Ndubusi Kanu Park in consideration of the proposed one for bus terminals and public schools in Lagos State.…
How FG spent over ₦1.45b on Nigeria Air with barely anything to show for it
Looking back at budgetary allocations since 2016, it is apparent that the Federal Government of Nigeria was not ready for a national carrier when the name and logo of Nigeria Air were unveiled.…
Computer Village president affirms the market’s stance on impending relocation
The market leader of Computer Village talks about the proposed relocation by the Lagos State Government and what the future holds for the market…
What Alipay’s move to Africa could mean for African fintech startups
Arguably one of the biggest online and mobile payment platforms in the world, Chinese-based Alipay recently revealed plans to expand into Africa. Here are the possible effects the move could have on l…
2 years after, the Ooni of Ife’s proposed $1.4 billion incubation hub is yet to kick off
2 years after it was announced, there are strong indications that the proposed $1.4 billion incubation hub in Ile-Ife, Osun, Nigeria will never be actualised.…
4 Nigerian tech companies on the NSE currently trading below their IPO listing price
Majority of ICT companies listed on the Nigerian Stock Exchange are recording losses with their shares trading below their IPO listing prices.…
How NALA is easing access to financial services for Tanzanians
NALA is allowing Tanzanians access financial services through a mobile application that requires no Internet connection.…
NIBSS figures question Paga’s 9 million unique user base
There is a discrepancy between mobile money platform, Paga’s 9 million unique users claim and industry figures from the Central Bank of Nigeria, as quoted by the Nigeria Inter-Bank Settlement Sy…
Konga was unlikely to have been acquired for less than $230m
Former major stakeholder in Konga, Naspers recently stated losing $38 million for selling its 50.9% stake in the eCommerce company earlier in the year. This gives us a reasonable idea what the acquisi…
Why Paystack, Flutterwave stopped issuing PoS machines
A few months ago, two of the most prominent fintech startups in Nigeria, Flutterwave and Paystack began issuing Point of Sale (PoS) machines to their merchants. However, a couple of weeks ago, they su…
After $12m ICO, Kora wants to become the first $5b tech startup in Africa
Following a successful $12m ICO in May, blockchain startup, Kora is working to address remittance challenge in Africa. It also wants to become the first $5 billion tech startup in the continent while …
Relocation of Computer Village, Ikeja not happening earlier than 2020
In 2017, the Lagos State government announced intentions to relocate the Computer Village market to the proposed ICT Park in the Abule Egba axis of Lagos. It appears that will not be happening in anot…
What we learnt at MTN Nigeria’s new ₦200 billion loan facility signing
Here’s what you should know about the new ₦200 billion loan facility that was provided for MTN Nigeria by local financial institutions.…
Fintech startups are getting a delicious piece of the pie but Nigerian banks are not worried
Even though they offer online services that position them almost at par with commercial banks in Nigeria, it appears commercial banks do not see finance companies (fintech startups) as a real threat.…
Online platforms that enable instant money transfer to Africa from overseas
Sending money to Africa? Here is a list of online platforms that enable instant remittance to Africa, with their respective transfer fees, the countries they serve among others.…
Online savings platforms that offer higher interest rates than your bank in Nigeria
If you are looking for high interest savings that better what commercial banks offer, here are some of the online savings platforms that are currently encouraging the saving culture in Nigeria, in no …
Long live Pay on Delivery
Barely 7 months after cancelling it, Konga.com recently announced the reintroduction of the Pay on Delivery option on its online store. What could this mean for the future of the controversial payment…
2018 is the year of the Nigerian fintech startup
We explore the possible reasons why financial services startups are getting the lion’s share of attention and funding, as evident in the Nigeria Startup Funding Report for Q2 2018.…
Here is why Twitter definitely needs Ngozi Okonjo-Iweala on its board
A critical look at what the immediate past Nigerian Finance Minister , Ngozi Okonjo-Iweala will be bringing to the table for Twitter Inc. as a new member of its Board of Directors…
Nigerian startups still thrive almost exclusively on foreign investment
Based on funding activities in the first and second quarter of 2018, the survival of the Nigerian internet startup space is still at the mercy of foreign investment. Could this be attributed to a lack…