Exclusive

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.

News

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.

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.

News

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.

News

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

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.

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