Prospa, a YC-backed Nigerian startup offering software and financial services to entrepreneurs and micro-businesses, has announced it closed a $3.8 million pre-seed investment, which was oversubscribed by 380%. The round was backed by venture funds Global Founders Capital and Liquid 2 Ventures. Leading entrepreneurs also participated in the round including […]
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MTN Group, Africa’s largest telecommunications provider and Flutterwave, Africa’s leading payments technology company has announced a mobile money partnership. This partnership will allow businesses integrating Flutterwave in Cameroon, Côte d’Ivoire, Rwanda, Uganda and Zambia to receive payments via MTN Mobile Money (MoMo). MTN MoMo is a fintech platform providing consumers […]
The Minister of Communications and Digital Economy, Isa Ali Ibrahim (Pantami) gets the Federal Executive Council approval on Fifth Generation (5G) Networks for Nigeria’s Digital Economy. This was revealed in statement signed by the Technical Assistant (on Information Technology) to the Honourable Minister of Communications and Digital Economy, Dr Femi […]
Motomedia, an advertising company, has launched an interactive outdoor-LED screen. In a statement, the company said its interactive outdoor-LED screen was the ‘AI Screen.’ The company said the AI Screen was an outdoor advertising display that would provide brands a platform to engage, interact and personalise campaign messages directly to […]
OPay, an Africa-focused digital payment startup founded by a Chinese entrepreneur, announced a $400 million funding round led by SoftBank Vision Fund 2, valuing the company at $2 billion. Sequoia Capital China, Source Code Capital, Meituan-backed (3690.HK) fund Long-Z, Redpoint China, and 3W Capital are among the other investors in […]
Outlaws assaulted the Nigerian Defense Academy (NDA) in Afaka, Kaduna State, on Tuesday. It is reported that the criminals who assaulted the barracks around 1am on Tuesday are still suspected to be inside the premises of the academy. SaharaReporters refering to The Daily Trust report cites a dependable source […]
Report has it that Second Republic Senator and previous Chairman of NCC Chief Olabiyi Durojaye is dead. Even though his family is yet to comment on his demise, however it has been confirmed from reliable a source that the elderstateman passed on earlier today His passing is […]
The Lagos Chamber of Commerce and Industry has commended the Federal Government on the signing into law, of the Petroleum Industry Act (PIA) 2021 by H.E President Muhammadu Buhari, GCFR after being passed by both chambers of the National Assembly, marks a significant milestone in the administration of Nigeria’s oil […]
A tech enthusiast and pioneer promoter of the digital economy, Dr. Bayero Agabi has advised Nigerian youths to shun all forms of illegitimate internet scams and embrace digital innovations, stressing that there is lot of money to be made legitimately leveraging the Internet. Dr. Bayero gave the advice while […]
The Special Fraud Unit of the Police in Lagos has arrested a suspected internet scammer, who hacked the accounts of first bank and defrauded the bank of a whopping sum of N1.868 billion. The suspected hacker, Femi Salau, and his accomplices, two bureau de change operators, were arrested by the […]
