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Joseph Olaoluwa Olaoluwa

Joseph Olaoluwa is a seasoned journalist with a decade of experience covering a wide range of topics, including finance, technology, mobility, and business. As a Senior Reporter at Condia, he specialises in producing in-depth, investigative, and impactful stories. Olaoluwa has interviewed numerous tech industry leaders, including CEOs of prominent companies like CrowdyVest, Paga, Etranzact, Chams, Bolt, Indrive, and Uber. His work has been recognized with nominations for the Sanlam Group Awards for Excellence in Financial Journalism, the Nigeria Media Merit Awards (NMMA), and the PwC Media Excellence Awards.
Fintech

Nigeria ends 13-year Remita partnership, launches new treasury system

While the company has demonstrated resilience in the past, including surviving a Senate probe in 2016, the loss of this major government contract will undoubtedly impact its revenue streams

Mobility

Meet the Cars45 Mafia: ex-employees turned founders

This group consists of Cars45 employees who have gone on to fund some of Africa's most exciting companies.

News

MTN Nigeria 2024 losses widen to ₦400 billion in two years

Fintech revenue grew to ₦106 billion, with a 46.6% drop in active mobile money wallets.

EdTech

Edukoya shuts down, citing market challenges despite $3.5M funding

Edukoya's shutdown underscores the reality that K-12 learning models may no longer be viable.

Financial Services

₦203 billion bad loans: Unity Bank’s crisis deepened amid Providus merger, job cuts

Unity Bank's financial woes stem from a loan portfolio heavily concentrated in the agriculture sector, accounting for 91% of its lending

Financial Services

SANEF taps ex-Diamond Bank executive Uzoebo as CEO to drive financial inclusion

Uzoebo is the second female to hold the top position in a row.

Financial Services

Access Bank faces customer outcry after core system upgrade disrupts services

"Yesterday after service, I was typically stranded due to a bank’s negligence," one of the customers told Condia on Monday.

Fintech

VFD Group invests ₦5 billion in fintech arm, V Bank 

This move aligns with the broader trend of parent companies investing heavily in their fintech subsidiaries to capitalise on the financial services market in Nigeria

Exclusive

Access Bank embarks on second major core banking upgrade, in five years, starting today

The upgrade is crucial for managing the data of Access Bank’s more than 60 million customers across 23 countries

News

No pressure, Cardoso: CBN holds rate at 27.50%

This marks an ending to a rate tightening cycle since CBN Governor Yemi Cardoso took office in September 2023

Ecommerce

Jumia remains in the red in Q4 2024, despite years of cost cutting

Despite the bleeding results from all corners, Dufay's 2025 strategy is driving top-line growth and improving operational efficiencies.

News

Nigeria’s new inflation figures fall to 24.48%, after rebasing exercise

Since December 18, 2024, after the NBS was hacked for nearly a month, a lot of things have radically changed about the agency, raising eyebrows regarding the means of operations. 

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