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News

FCCPC sues MultiChoice over subscription price hike

FCCPC has sued MultiChoice Nigeria for defying regulatory orders and increasing DStv and GOtv subscription prices, sparking a legal battle over consumer rights.

Exclusive

EXCLUSIVE: Nigerian ride-hailing drivers launch SimpliRide to challenge industry giants

Drivers believe an indigenous app will be more attuned to their specific needs.

News

EMOSIM and Tata Communications enable borderless eSIM access for Nigerian travelers

The EMOSIM Travel eSIM promises to provide digital onboarding and real-time support for your adventures in the UK, US, and Canada.

News

LoftyInc secures $43 million first close for new Africa seed fund

The Alpha Fund is designed to build on insights from previous funds. It will focus on seed investments that enable entrepreneurs to build resilient companies and achieve scalable growth.

Fintech

Nigeria ends 13-year Remita partnership, launches new treasury system

While the company has demonstrated resilience in the past, including surviving a Senate probe in 2016, the loss of this major government contract will undoubtedly impact its revenue streams

News

MTN Nigeria 2024 losses widen to ₦400 billion in two years

Fintech revenue grew to ₦106 billion, with a 46.6% drop in active mobile money wallets.

News

Coinbase Wallet integrates Onboard P2P for KYC-free crypto purchase in Nigeria

This partnership advances Coinbase's 'Go Broad, Go Deep' strategy, creating a regulatory-compliant way to serve Nigeria's growing cryptocurrency market.

News

Oze raises undisclosed round from Visa, and German DFI, DEG

Ghana's Oze announces new funding round following investment from Visa, DEG and existing investors. It plans to build 100M profitable SMEs in Africa.

Financial Services

Access Bank faces customer outcry after core system upgrade disrupts services

"Yesterday after service, I was typically stranded due to a bank’s negligence," one of the customers told Condia on Monday.

Exclusive

Access Bank embarks on second major core banking upgrade, in five years, starting today

The upgrade is crucial for managing the data of Access Bank’s more than 60 million customers across 23 countries

News

No pressure, Cardoso: CBN holds rate at 27.50%

This marks an ending to a rate tightening cycle since CBN Governor Yemi Cardoso took office in September 2023

Ecommerce

Jumia remains in the red in Q4 2024, despite years of cost cutting

Despite the bleeding results from all corners, Dufay's 2025 strategy is driving top-line growth and improving operational efficiencies.

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