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The SEC has warned Nigerians against CBEX, calling it an unregistered Ponzi scheme. Despite a prior crackdown, it has resurfaced under a new name.
Nigeria, the continent's most populous nation, accounted for over half of the 7% subscriber decline in the Rest of Africa segment, which ended the year with 7.5 million customers.
Nigeria’s food crisis is exploding — inflation hits 35%, farms are under attack, and 100 million go hungry. Urgent action is needed now.
The acquisition, fully completed, aims to scale creditworthiness for African immigrants across the globe
Nigeria joins Meta to democratize AI through an accelerator targeting critical sectors like security, agriculture, and health.
Uber's 2025 Lost & Found Index reveals the funniest and most surprising items left behind in Ubers, from breast milk to a witch's broom!
“We built Salus so a fintech can focus on loans, an e-commerce company on logistics not on securing Kubernetes or building core banking from scratch," CEO Andrew Mori said.
The Central Bank of Kenya has licensed 41 new digital credit providers, raising the total to 126.
PalmPay is in advanced talks to raise between $50M–$100M in a Series B round. This move aligns with its bold expansion plans across Africa and into Asia.
Jumia shares rose 2% after AXIAN Telecom took an 8% stake. The move signals new confidence in Africa’s e-commerce leader.
Netflix has raised subscription prices in Nigeria for the third time since 2024, with the Premium plan now at ₦8,500.
Fincra secures a license from the Bank of Tanzania, enabling real-time cross-border payments and expanding its pan-African fintech infrastructure.
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