OPay withdraws planned $304M US IPO after foreign inquiry

OPay Limited has withdrawn its planned New York Stock Exchange listing, citing an inquiry in a foreign jurisdiction it has not named. Reuters reported that the company had priced 16 million shares at $19 each, valuing it at about $4 billion.

FirstBank partners electronics retailer Pointek to push its BNPL product

FirstBank has partnered with Pointek to offer phones, laptops and appliances on its FirstEase BNPL product. Repayment runs up to six months at 3% interest.

Exclusive: CredPal launches Atom, an investment platform, as it expands beyond buy now, pay later

CredPal has launched Atom, an investment platform offering Nigerian and US stocks, digital assets and asset-backed loans as it expands beyond BNPL.

Maliyo Games, Fer Factor, eight others selected for Google Play Indie Games Fund

Google Play has picked 10 African studios for its first Indie Games Fund. Here’s the full list and what each studio is building.

With Checktrace, Chekkit extends visibility beyond the factory floor

Chekkit’s ChekTrace aims to close Nigeria’s supply chain visibility gap, helping businesses track products, reduce losses and improve accountability.

With Paycheck, Grey expands beyond payments into credit, cards and savings

The fintech will now extend loans to its customers while providing savings will see it generate more value from its customer base.

Iyin Aboyeji helped build 2 unicorns, now he wants to tackle Africa’s jobs crisis

After helping build African unicorns, Iyin Aboyeji is shifting from funding startups to building businesses he hopes can tackle the continent’s jobs crisis.

How to set up Google Pay and Google Wallet in Nigeria and which banks support it

Google Pay and Google Wallet are now in Nigeria. Here’s how to set them up and which banks support them.

Instagram wants you to watch longer videos, putting it in direct competition with YouTube

Instagram wants a share of the time viewers spend on YouTube, but can its new 90-minute videos give it a real chance to compete?

Is Google Wallet and Pay launch in Nigeria a game changer?

Google Wallet and Pay have launched in Nigeria. Here is how smartphone biometrics and tokenisation could solve Nigeria’s 10-year contactless payment problem and shift users away from bank transfers.

Honeywell launches new AI industrial system at Dangote refinery

Honeywell estimates that the system could bring more than $60 million in yearly benefits when the refinery runs at full capacity.

Flourish Ventures backs Madica with $6 million 

Madica has received $6 million from Flourish Ventures to extend its pilot by three years. The program will back 25 to 30 more African startups and track whether overlooked founders can deliver venture returns.