Fintech

VFD Group invests ₦5 billion in fintech arm, V Bank 

This move aligns with the broader trend of parent companies investing heavily in their fintech subsidiaries to capitalise on the financial services market in Nigeria

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

News

Nigeria’s new inflation figures fall to 24.48%, after rebasing exercise

Since December 18, 2024, after the NBS was hacked for nearly a month, a lot of things have radically changed about the agency, raising eyebrows regarding the means of operations. 

Startups

Cafe One raises co-working prices citing rising costs

The general manager said the company had absorbed significant cost increases throughout 2024, including a 400% rise in some locations, before this development

News

Nigerian web hosting giant GO54 acquired by South African HOSTAFRICA

GO54 (formerly known as Whogohost), was founded in 2007 by Opeyemi Awoyemi while he was still a student at Obafemi Awolowo University.

Fintech

Every Nigerian fintech will become a cross-border fintech

Embedded finance turned every company to a fintech. Now, every Nigerian fintech will become a cross-border fintech. This deep dive tells you why and how.

News

Nigeria’s inflation surges to 34.60%, attaining 11-month high

The uptick in prices will be challenging for consumers who are keen to celebrate Yuletide next week with a possible plate of jollof rice.

Mobility

Nigerian startup Moove drives into US with Waymo partnership

This deal will see the African-based mobility service expand its services to the United States beginning 2025.

News

Temu enters Nigeria. How will it survive where others like Jumia have struggled?

Nigerians love affordability, but the real question is: can Temu outpace homegrown giants like Jumia and Konga?

Spotlight

Smile ID celebrates 200 million Identity verifications, launches Nigeria’s first eKYC report 

The financial services sector, particularly banking and lending, has been the primary driver of eKYC adoption in Nigeria, accounting for 80% of ID verifications over the past two years.

Mobility

NIPOST is developing digital IDs for its courier services

This move is expected to revitalize NIPOST's logistics services, which have historically been criticized for poor performance.

Consumer Tech

10 smartphone and accessory deals to check out before Black Friday 2024 ends

Keep track of deals on Oraimo, Xiaomi, Tecno and more.