Nigeria’s inflation accelerates to 24.23% post-rebasing

Headline inflation increased to 24.23% in March, up from 23.18% in February 2025, reflecting a balance between moderating and upward pressures.

“If you’re not registered with SEC, you’re illegal,” Nigerian govt to fintechs

The desire to fast-track digital asset licensing and registration is slowly becoming a core mandate for Agama in 2025.

“Zap is not a remittance app,” Paystack explains

The clarification follows a report suggesting that Zap requires an International Money Transfer Operator (IMTO) license and was launched without regulatory approval from the Central Bank of Nigeria (CBN).

Binance adds Apple Pay and Google Pay options through Worldpay partnership

Binance is integrating digital wallets like Apple Pay and Google Pay to simplify crypto onboarding, betting that easier access can draw new users despite growing market uncertainty.

EXCLUSIVE: Earnipay cuts workforce amid profitability push

Earnipay lays off staff as it focuses on business lending, joining a wave of African startups rethinking growth amid a harsh funding climate.

Equinix expands Lagos Data Center amid Africa’s digital boom

“Nigeria is a crucial market for Equinix," Bruce Owen, President of EMEA at Equinix, said during a ribbon-cutting ceremony of the newly expanded site, which held in Lagos.

Nigerian Grocery Startup MyFoodAngels pivots to eco-friendly packaging

Exploring biodegradable plastics as a long-term delivery solution will make the company the first grocery delivery platform to pivot into eco-friendly packaging, often claimed to be sustainable for the planet

Public demands justice for Bumpa CTO TeeJay Opayele

An online petition demanding justice for Bumpa's TeeJay Opayele has gathered over 20,000 signatures, exposing a troubling narrative of privilege and neglect in Lagos.

Exclusive: Paystack issues cease and desist notice to Zap Africa amid product trademark controversy

“We registered the [Zap] trademark across multiple classes, including financial services — a class where Zap Africa has no filing registration.”

LagRide drivers risk arrest over failure to use app weeks after CIG Motors assumed control

Despite achieving over ₦600 million ($389,911)  in gross merchandise value (GMV) on March 25, 2025, LagRide is struggling with driver churn this month.

Payhippo rebrands to Rivy, secures $4M to fuel clean energy financing in Africa

This transition addresses the critical energy deficit in sub-Saharan Africa, where half the population lacks electricity access, and those connected face exorbitant costs

The simple steps to creating an Apple account in 2025

Apple Account creation has evolved slightly. Learn the updated steps in this guide.