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The clarification follows a report suggesting that Zap requires an International Money Transfer Operator (IMTO) license and was launched without regulatory approval from the Central Bank of Nigeria (CBN).
Binance is integrating digital wallets like Apple Pay and Google Pay to simplify crypto onboarding, betting that easier access can draw new users despite growing market uncertainty.
Earnipay lays off staff as it focuses on business lending, joining a wave of African startups rethinking growth amid a harsh funding climate.
“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.
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
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.
“We registered the [Zap] trademark across multiple classes, including financial services — a class where Zap Africa has no filing registration.”
Despite achieving over ₦600 million ($389,911) in gross merchandise value (GMV) on March 25, 2025, LagRide is struggling with driver churn this month.
This transition addresses the critical energy deficit in sub-Saharan Africa, where half the population lacks electricity access, and those connected face exorbitant costs
Apple Account creation has evolved slightly. Learn the updated steps in this guide.
Verve cardholders across Africa can now shop on Temu and pay in local currency, expanding e-commerce options.
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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