Bamboo, a Nigerian fintech startup that enables access to investment in stocks from global companies, has announced its launch in Ghana.
In January 2022, the startup announced its Series A round of $15 million. At the time, the company disclosed that it planned to launch in Ghana and already had 50,000 people on its waiting list. The startup also revealed that it had users in Kenya and South…
Your First Bank naira card can no longer be used to make purchases on overseas websites.
September 22, 2022
Customers of First Bank of Nigeria will be unable to carry out international transactions with their naira-denominated cards from Friday, September 30, 2022. The bank informed its customers of the development in an email seen by Techpoint Africa.
Part of the email reads…
Online campaign tracking platform is unveiled by SystemSpecs.
September 22, 2022
A Technology services provider, SystemSpecs has launched a fundraising solution, FundACause, for individuals and groups to track campaigns online and in real-time, as well as share donation progress with donors.
Managing Director, SystemSpecs Technology, Demola Igbalajobi…
Veedez, a bookkeeping app, makes life easier for MSMEs.
September 22, 2022
Mama Joy always has difficulty finding out how much profit she makes from her groceries business. She neither has an idea if she was running at a loss nor making profits coupled with her daily expenditures.
Stanz’s case is not any different as he always struggles calculating how much profit he makes from his sales. He also does not remember to restock some items in his store until customers come…
Nigeria and 10 other nations drive the $230 billion revenue growth in African fintech
September 20, 2022
African fintech companies could see their revenue jump to about $230 billion by 2025 ($150 billion excluding South Africa, which is the largest and most mature market on the continent) according to analysts at McKinsey.
The growth opportunity is likely to be concentrated in…
Mobile device access is highlighted by MTN's 5G rollout.
September 20, 2022
The launch of the 5G network in Nigeria by MTN has put the spotlight on the need for the deployment of affordable mobile devices that are enabled to use it.
Stakeholders in the telecommunications industry in Nigeria gathered on September 18 at MTN’s headquarters to witness…
Cellulant ex-employees mends its relationship co-founder, former employees speak out
September 20, 2022
On Tuesday 6 September 2022, Cellulant in a statement signed by Sam Kiruthu, Chairman of the board, said it has absolved Bolaji Akinboro of any misconduct during his time as the company’s CEO following internal investigations.
BusinessDay has spoken exclusively to some Cellulants ex-employees and they alleged that the company has commenced settlement discussions with them but unfortunately…
LandWey introduces the Future City to create Sustainable Habitats in Lagos
September 18, 2022
The announcement took place on Thursday, September 1, 2022 at the company’s event for its realtors tagged, “The Sellabration Experience”.
Speaking at the ceremony, Wale Ayilara, the chief executive officer, LandWey, said the new project was
“a new town development…
According to reports, Nigeria's Kuda Bank will lose N6 billion in 2021.
September 17, 2022
In contrast to the N868 million loss it reported in 2020, Nigerian Microfinance Bank Kuda Bank reported a loss of N6 billion in 2021.
Techcabal, a news outlet based in Nigeria that specializes in reporting the IT industry in Africa, broke the initial news on the…
Sunlight unveils New Packaging for Masterbrand | See Photos from the Launch
September 12, 2022
Sunlight, a leading household brand from Unilever Nigeria, has unveiled a new, refreshed and exciting packaging for its range of products as a Masterbrand.
The brand has also launched a new television commercial deeply rooted in its purpose – to support entrepreneurial Nigerian women in their desire to contribute more to their households and society.
At the unveiling of the…