Kwaba, a Nigerian fintech firm that helps low and middle-income earners divide their annual rent into manageable monthly instalments, has received pre-seed capital to help it expand across Nigeria and Africa.
Kwaba, which was founded by Obinna Molokwu in January 2020 and is aimed at Nigerians wishing to pay rent in a modern method that represents their financial reality, is a digital platform that…
Apple has lost its position as the world’s most valuable company amid a broad sell-off of technology stocks.
Saudi Arabian oil and gas producer Aramco has reclaimed the top spot from the iPhone maker for the first time in almost two years.
Investors have been selling…
ZINOX TECHNOLOGIES SET TO ACQUIRE JUMIA
May 16, 2022
Zinox Technologies is reportedly set to acquire foremost e-commerce company,Jumia.
The billionaire Leo Stan Ekeh led company is set to make the move as Junmia’s shares price continues to dip.
According to ENigeria Newspaper, the shares price of Jumia, Africa’s e-commerce…
Google on Wednesday and Thursday held its annual developer conference where it revealed an expanded line of new products and services.
At its first in-person developer conference in 3 years, the tech giant announced 3 new smartphones and its first in-house smartwatch as well as plans to release a new tablet next year. Google also announced updates to several of its most popular tools including…
Ahead of the launch of its payment service bank (PSB), MTN Nigeria says it has seen the number of active subscribers on its fintech platform rise by 6.2 million to 10.7 million people year-on-year.
The telecommunication company (telco) said it added 1.3 million fintech…
DRONETECX, Nigeria’s foremost Drone Technology Conference and Exhibition has restarted its commitment to creating access for Nigeria and Africa to tap into $150 billion global drone market.
Speaking during the 2nd Drone Technology Conference and Exhibition held at NIGAV…
These three Nigerian creators Soliudeen Ogunsola, Gbadebo Bello, and Ajibola Akelebe have actively created digital content that people have used globally. Soliudeen Ogunsola is a product designer who writes down his design ideas, creates design templates, and publishes them online. Gbadebo Bello, a software engineer, expresses himself as well as the entire technical approach in his…
Aladdin Scheme Ltd, the leading Ecosystem Digital bank in Nigeria has announced its successful closing of a debt-financing deal up to $3.5 million. This debt-financing will power its digital lending products in order to provide a wide range of loan options including; Nano…
Leading telecommunications services provider, Airtel Nigeria, on Tuesday April 12th in Lagos unveiled its state-of-the-art Tier 3 data centre for commercial use, declaring its mission to help provide perfect uptime and peerless security for servers it houses as well as…
Elon Musk, Tesla CEO, has raised $7 billion to support his $44 billion deal to buy Twitter.
A Securities and Exchange Commission filing made public on Thursday disclosed that Musk received equity commitment letters of about $7.14 billion from a group of 19 investors.
According to the filing, the biggest contribution comes from Prince al-Waleed bin Talal of Saudi Arabia, who agreed to retain a…