FintechTechnology

Google to accept naira payment on Play Store

Google has partnered with Verve to make digital transactions on Google Play Store easier for Nigerians. The firm noted that as from Wednesday, Nigerians could now use their Verve cards to make purchases on the Google Play Store. It stated that under its new partnership, Google would process Verve transactions within Nigeria, and the transactions would be undertaken in naira and treated as local…
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Brands & PeopleFintech

Glo, fintech reward customers

Globacom and PalmPay have collaborated to launch a new reward scheme for the telecom firm’s customers. According to the firms, the marketing initiative tagged ‘PalmPay Bonanza: Recharge Glo and Win’ will offer Nigerians who buy Glo data and airtime bundles via the…
Fintech

Threads: Tinubu, 30 million others join, Zuckerberg projects billion

The president of Nigeria, Bola Tinubu, and former vice president, Yemi Osinbajo have joined 30 million others on Meta’s (owner of Facebook, Instagram, and WhatsApp) new platform, Threads. This is as Meta’s Chief Executive Officer, Mark Zuckerberg, noted that the company is setting its sight on one billion users soon. Threads, which launched on Thursday in over 100 countries now has 30 million…
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FintechTechnology

How to obtain invite to Meta’s new app, Threads

Giant tech company, Meta, will officially launch its own microblogging app, Threads on Thursday. With the structure of its service, Threads will ultimately serve as a competitor to the popular social media platform, Twitter. The launch comes in the wake of a new feature…
Fintech

Google’s first West Africa director resigns

Google’s first West Africa Director, Dr. Juliet Ehimuan has announced her departure from the company. She made the announcement on LinkedIn on Friday where she expressed her intention to pursue a broader role within the regional technology landscape. Before her appointment as Google’s West Africa Director,  she served as the company’s Country Director for Nigeria. During her time as…
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Fintech

PalmPay users hit 25 million

Fintech platform, PalmPay, says it has reached a milestone of 25 million users on its smartphone app. It said it reached an extensive network of 500,000 mobile money agents and 300,000 merchants in its payment ecosystem. A statement by the firm said the rapid growth within…
Fintech

TikTok's investment in e-commerce is paying off

TikTok’s nascent venture into online shopping is paying off, with its e-commerce affiliate gaining a substantial market share in Southeast Asia just a year after its launch, a report said Thursday. TikTok Shop capitalised on the legions of users of the popular…
Fintech

Tinubu projects 500,000 jobs with Data Protection Law

The President, Bola Tinubu signed the Data Protection Bill into law on Monday 12th June 2023, the Nigeria Data Protection Bureau has disclosed. According to the bureau, about 500,000 jobs are expected to be created through the training of Data Protection Officers and licensing of Data Protection Compliance Organisations to offer services to data controllers and processors. It noted that the new…
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