Nigerian fintech, Flutterwave, has been announced as the lead sponsor of the Africa Fintech Summit 2023 slated to hold in Washington D.C on April 12, 2023, and in one African city to be that would be disclosed later in the year.
According to a statement by the company, the sponsorship comes in the wake of Flutterwave’s latest licences issued in Egypt, making it possible for the firm to be an…
Samsung Electronics Nigeria has said it is celebrating women in Nigeria in its Samsung Mother’s Day offer.
In a statement, the company said, “Samsung appliances are an epitome of strength, reliability and consistency and we can liken Mothers’ similarly as the symbol of…
Nigerian companies are suffering from the scarcity of tech workers, a report by SAP Africa has disclosed.
According to the report, nearly all organisations in Nigeria and Africa are expected to experience a tech skills-related challenge in 2023.
According to the report…
MTN Nigeria has raised N125bn through issuance of commercial papers to boost its short-term working capital and funding requirements.
In a notice to the Nigerian Exchange Limited on Monday, the company said that it had completed the Series 4 & 5 Commercial Paper issuance under its N150bn Commercial Paper issuance programme.
The notice signed by Company Secretary, Ufo Ukpanat, revealed that MTN…
African fintech unicorn Flutterwave has denied losing the sum of ₦2,949,557,867 to hackers.
It was earlier reported on Sunday that hackers stole the sum of ₦2,949,557,867, from the accounts of the company and over 300 customers were affected by the fraudulent…
Reports have it that ₦2,949,557,867 has been illegally transferred from the accounts of African fintech unicorn, Flutterwave.
The tech giant’s counsel, Albert Onimole, reported the case to the Deputy Commissioner of Police, State Criminal Intelligence Department, Panti…
Kenyan court released Sh6.6 billion ($51.9 million) belonging to Nigerian fintech startup, Flutterwave
March 3, 2023
A Kenyan court on Monday, February 27, 2023, released Sh6.6 billion ($51.9 million) belonging to Nigerian fintech startup, Flutterwave. This came after the Asset Recovery Agency of Kenya withdrew its case against the startup.
Last year, the Asset Recovery Agency filed charges against Flutterwave, demanding the court to freeze monies belonging to the startup. The ARA alleged that the funds were…
Governor of Oyo state, Seyi Makinde, has restated his administration’s commitment towards linking all the zones of the state in order to ensure sustained economic development.
Makinde, who made the pledge while receiving the participants of the Strategic Management and…
As the Naira crisis weighs on banks' digital platforms, fintechs are booming.
March 3, 2023
The redesign of the naira notes caused a crisis which has made daily operations difficult for many individuals and organisations. Due to a cash shortage in February, Nigeria’s economy almost collapsed, resulting in protests nationwide. As a result, the government…
Wynk Limited, a tech startup firm, has unveiled its lifestyle App, “The Wynk Lifestyle Super App” with the aim of making life easier through providing solutions to diverse economic needs.
The firm, in a statement, said the app is a cost-effective solution to everyday challenges ranging from financial services and fintech, domestic and cross-border payments, healthcare services delivery…