Exclusive

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

News

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.

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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.”

Mobility

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.

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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

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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

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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.

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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.

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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

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