UK Nigeria TechHub announces the graduation of 10 startups from the iNOVO Accelerator Programme

Designed to empower 10 early-stage Nigerian startups that are solving challenges resulting from the COVID-19 pandemic, in January 2021, the UK-Nigeria Tech Hublaunched it’s iNOVO Accelerator Programme for early stage startups building innovative solutions to tackle the challenges caused by COVID-19 across the Education, Agriculture and Health sector in Nigeria.

After doing N1.4 trillion in Agency banking transactions in May, TeamApt wants to “do more” for its users.

In May, the value increased to ₦1.4 trillion ($3.5 bn) with 68 million transactions in volume, and between April 2020 and April 2021, the total value of transactions processed has gone up to $16 billion.

67% of talent began contemplating their exit less than 6 months before they left – Venture for Africa

Venture for Africa launches Africa Tech Talent Retention Report, evaluating reasons behind increasing rates of employee churn among startups

Kuda, 54Gene, Sokowatch, and others named among Technology Pioneers by WEF

The WEF's selection included 8 African companies: 54 Gene, Cambridge Industries, FlexFinTx, Kuda Bank, Moringa School, mPharma, Sokowatch and Gro Intelligence.

Facebook to launch Substack competitor—Bulletin

Facebook is set to launch "Bulletin", its latest effort to compete in the Newsletter market.

UPDATED: Nigerian Government suspends Twitter amid row over President’s deleted tweets

The Nigerian federal government has announced the indefinite suspension of social media network Twitter. This may have been in response to a now deleted post by the president.

Nigerian Federal Government bans Twitter in the country

The Federal Government has announced the indefinite suspension of the operations of the microblogging and social networking service, Twitter, in Nigeria. The announcement came in a Tweet on Friday, 4th of June, 2021..

Gokada launches Super App as it crosses US$100 million in annualized transaction value

The Super App launch comes as Gokada crosses >US$100 million in annualized transaction value, having completed >1 million food delivery and eCommerce orders on behalf of over 30,000 merchants in the last 12 months alone.

TalentQL launches Pipeline—an upskilling training to build world-class African engineers

Pipeline by TalentQL is focused on training and upskilling mid-level software engineers across the continent to Senior Software Engineers

Lori Systems appoints Uche Ogboi as new CEO, effective July 1

African logistics startup, Lori Systems appoints COO Uche Ogboi as its new CEO.

New CBN regulations require fintechs to pay $5million into escrow account

Yesterday, the CBN introduced yet another set of sweeping new regulations for Fintech license holders. The most prominent change is a new Escrow account created for Fintechs to deposit certain stipulated sums of money.

Jobberman partners NYSC to train 120,000 Youth Corpers in soft skills

Jobberman's partnership with the Nigerian Youth service Corps (NYSC) will let them equip 120,000 Youth Corpers with soft skills.