Figorr founder Oghenetega Iortim steps down as CEO as Envir Fraser takes over

Figorr founder Oghenetega Iortim has stepped down as CEO, with Envir Fraser taking over as the company expands across Africa.

Onafriq’s 2024 revenue fell 7% as naira devaluation wiped $3.2 billion from payment volumes

2024 revenue fell 7% year-on-year, driven by naira depreciation in Onafriq's biggest market, Nigeria.

How Uber rewired Nigeria’s transport before leaving a heavy debt

Uber had already left Ivory Coast in 2025 and Tanzania in January 2026, and it now keeps only 4 markets on the continent.

OPay reportedly applies for digital banking licence in Egypt

OPay reportedly recorded significant growth in its 2025 financial year, with revenue increasing 161% to $536.25 million and net profit reaching $72.47 million.

Uber to end operations in Nigeria after 12 years

Uber is ending its Nigeria operations after 12 years, closing a chapter for the ride-hailing pioneer.

Cascador selects 10 Nigerian businesses for latest Scale Up cohort

Cascador selects 10 growth-stage Nigerian businesses for its latest Scale Up cohort, with a focus on capital readiness and sustainable growth.

ChipMango raises $1.9 million seed round to expand chip-design operations across Africa, Europe, and the US

ChipMango has raised $1.9 million in seed funding to expand its engineering teams and chip-design operations across Africa, Europe and the US.

Exclusive: Why Allawee sold to Paystack

Paystack bought a set of capabilities it needed and did not have to build from scratch.

EU designates ChatGPT as search engines under new digital rules

The EU's classification as a search engine reflects how users increasingly rely on it to find and synthesise information online.

Yele Bademosi steps down as Onboard CEO, becomes chairman

Yele Bademosi steps down as Onboard CEO after nearly 5 years to become chairman. Paul Oladimeji takes over as CEO.

Terra Industries adds former Palantir and WHOOP executive to leadership team

Todd Stiefler joins Nigerian defence technology company Terra Industries to lead its commercial division after stints at WHOOP and Palantir.

FAAN apologises for airport taxi chaos, but key questions remain unanswered

A FAAN directive, corporate registry filings, and interview show how the agency has used its regulatory authority over airport concessions to shape who can operate at Nigeria's busiest airports and at what price.