Joseph Olaoluwa Olaoluwa

YC-backed Touch and Pay processes ₦20 billion transactions, launches dollar feature for Nigerian transport

Its flagship product which simplifies transport payments has surged in transaction volumes, processing over ₦20 billion already in 2024, and helping them achieve profitability status, Afolabi said.

Airtel Africa posts $79 million in half-year profits, delighting investors with strong performance

This recovery is despite rising fuel costs and currency devaluations, which continue to impact Airtel's top line. 

This edtech residency in Badagry wants to train 10 million people in tech

"Many young people in Badagry believe they need to go to Yaba or Lagos Island to learn tech. FiguresHub aims to change that perception."

PaidHR’s new cross-border payroll feature allows employees to receive salaries in 49 currencies

The new feature will be key for remote workers who receive salaries globally and a hedge against macroeconomic headwinds like currency devaluation.

Lagos Red line mulls hybrid power system, to curb diesel overhead

On Tuesday, the Lagos state government launched its red line, a 37km rail line connecting Oyingbo to Agbado. The train is the second intra-city rail system, following the inauguration of the Blue Line last year. Lagos State Governor Babajide Samwo-Olu led the first passengers aboard the rail system, who were subjected to tests and free […]

BREAKING: Jumia to exit South Africa and Tunisia, focusing on core markets

Jumia's decision to exit these markets will reduce its total number of operating countries from 11 to 9, with a majority of its focus now concentrated in West and East Africa.

Breaking: Nigeria’s inflation surges again to 32.70%, defying expectations

The uptick in prices comes as a blow to policymakers who had been celebrating a recent easing of inflationary pressures.

Could stablecoins transform the broken nature of cross-border payments?

What are the challenges and opportunities in the space and could stablecoins transform the broken nature of cross-border payments?

Fidelity Bank cuts fraud losses by 88% in H1 2024

The lender's success in reducing fraud losses demonstrates its commitment to responsible banking practices in the financial services industry.

Breaking: Access Bank secures Namibia license, expanding African footprint

This latest expansion comes on the heels of Access Bank's acquisition of ARM Pensions earlier this year.

Uber and Bolt drivers deal with this one-year-old Nigerian Fintech startup signals driver autonomy

The move comes at a time when ride-hailing drivers in Nigeria are facing increasing challenges.