Johnstone Kpilaakaa

Stears launches open data product ahead of Nigeria’s 2023 elections

Pan-African data and intelligence company, Stears has launched a data product; Stears Elections ahead of Nigeria's 2023 general elections.

How NITDA wants to drive blockchain adoption in Nigeria

The National Information Technology Development Agency (NITDA) has launched its 2022 Blockchain Scholarship Scheme to train 30,000 Nigerians.

Amazon Web Services opens its first Nigerian office in Lagos

Amazon Web Services has launched its first Nigerian office in Lagos to address the increase in customer and partner adoption of AWS services in Nigeria.

Nigerian fintech, Payhippo acquires Maritime Microfinance Bank

Nigerian credit-led SME fintech, Payhippo has acquired Maritime Microfinance Bank (MFB) to enable its users to accept deposits from its customers and integrate with NIBSS.

SmallSmall secures $3M seed to expand its proptech offering across Nigeria

Nigerian proptech, SmallSmall has raised $3 million seed to expand into major Nigerian cities like Port Harcourt, Enugu, and Jos, in 2023.

Nigerian startups dominate Techstars Toronto 2022 Winter cohort

Techstars Toronto listed 12 startups for its 2022 Winter cohort, out of 12, nine are African, Nigeria makes up 99% of this number.

BD Insider, Letter 135

In letter 135, we examine CBN and NIBSS's plan to launch a national domestic card scheme in 2023, Nigerian startups' dominance at the Techstars Toronto 2022 T5 cohort.

Inside the CBN and NIBSS’s national domestic card scheme

In 2021, the annual value of card transactions in the Nigeria cards and payments market was $18.2 billion. The market is expected to grow at a compound annual growth rate (CAGR) of more than 18% during the forecast period.

How Nigerian debtors are robbing digital lenders

While predatory digital lenders in Nigeria are debt-shaming and violating the data privacy of users, debtors are also robbing these lenders. How?

Why CBN wants to redesign the Naira notes

The Central Bank of Nigeria (CBN) will start circulating redesigned ₦200, ₦500 and ₦1000 notes from December 15, 2022.

CBN issues draft guidelines for contactless payment in Nigeria

The Central Bank of Nigeria (CBN) has published draft guidelines for contactless payment providers in Nigeria.

54gene CEO resigns, Teresia Bost to serve as interim CEO

Dr. Abasi Ene-Obong, 54gene's co-founder and CEO has resigned for undisclosed reasons. The company's General Counselor, Teresia Bost has been appointed as interim CEO.