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 […]

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 […]

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 […]

  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 […]

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