News

The simple steps to creating an Apple account in 2025

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

Ecommerce

Verve expands global reach with Temu, challenging Jumia’s stronghold

Verve cardholders across Africa can now shop on Temu and pay in local currency, expanding e-commerce options.

News

Unity Bank appoints acting CEO as Providus merger looms

Kolawole's immediate priority will be to stabilise the bank's operations, particularly following the apex banks's ₦750 billion financial support in two tranches

News

MTN’s $5.2B fintech spinoff moves forward, but faces regulatory delays in Nigeria

MTN’s fintech spinoff signals a major shift for investors. As of writing, MTN Nigeria’s stock holds steady at ₦245 with 2,093,488 shares traded.

News

Vendease restructures employee salaries, seeks fresh funding

Vendease has restructured employee salaries, shifting to performance-based pay while seeking fresh funding. The Nigerian foodtech startup aims to cut costs and drive profitability.

News

Nigerian artists earn ₦58 Billion on Spotify in 2024 amid global streaming disparities

Nigerian artists earned over ₦58 billion ($37.5 million) in Spotify royalties in 2024, doubling their 2023 earnings. But how does this compare globally, and are artists getting a fair share?

News

Nigeria’s inflation figures fall to 23.1%, one month after rebasing exercise

The Nigerian economy continues to adjust to the price shocks experienced since President Tinubu's assumption of office

News

Sycamore secures SEC licence, appoints new asset management head

Sycamore secures an SEC fund management licence and appoints Oluwagbenga Magbagbeola to lead its asset management arm.

AI

Airtel Nigeria launches AI-powered spam alert system to combat SMS fraud

The AI system analyses message content, sender behaviour, and scam patterns to identify suspicious SMS messages.

News

South Africa’s VAT to increase in phases, reaching 16% by 2026

South Africa will increase VAT to 16% by 2026, with a phased hike starting in May 2025 to boost revenue.

Funding

Go Big Partners and 216 Capital Ventures invest in Tunisia’s Juridoc for African expansion

Go Big Partners and 216 Capital Ventures invest in Tunisia’s Juridoc.tn to drive its expansion into the OHADA region, boosting LegalTech innovation across Africa.

Funding

ORA Technologies bags $1.9M to expand Morocco’s consumer tech ecosystem

With 92.2% internet penetration and 54.9 million mobile connections, Morocco is ripe for fintech growth. ORA Technologies’ $4.4M funding and 300K downloads signal investor confidence in local tech.

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