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, Yaba, Techcabal reported.
According to Onimole’s letter, the hack on Flutterwave’s accounts occurred about some weeks ago…
PHANTOM V Fold offers a 120Hz flagship dual screen, and a powerful 5-lens photography system for an unparalleled crease-free large-screen experience.
Yesterday, TECNO’s premium sub-brand, PHANTOM, launched a new flagship smartphone, the PHANTOM V Fold, marking the…
The Nigeria Labour Congress has threatened to shut down the country’s seaports over the government’s refusal to address some of the challenges in the sector.
The President of NLC, Joseph Ajaero, said this on Friday while addressing journalists in Apapa during a courtesy…
The Central Bank of Nigeria has approved in principle for Zenith Bank to operate as a financial holding company.
In a statement signed by the Company Secretary, Michael Otu, on Friday, the bank revealed plans to change its organisational structure.
With this change, the organisation will have a banking subsidiary along with other subsidiari
Part of the statement read, “The CBN has granted…
To shore up its capital base, Wema Bank has issued a N25 billion bond to targeted investors.
In a corporate notice signed by the Company Secretary, Johnson Lebile, on Thursday, the bond will not be listed on any security exchange.
Part of the notice read, “Wema Bank Plc…
The Central Bank of Nigeria has given approval in principle to Zenith Bank to operate as a financial holding company.
In a statement signed by the Company Secretary, Michael Otu, on Friday, the company revealed plans to change its organisational structure.
With this…
NBCUniversal, is acquiring a 30% stake in Showmax, MultiChoice’s video platform.
March 3, 2023
American media giant, NBCUniversal, is acquiring a 30% stake in Showmax, MultiChoice’s video platform.
As part of the deal, MultiChoice announced the formation of Earth UK Holdings Limited (EarthCo) to act as Showmax’s parent company.
In exchange for a 70% stake in EarthCo, MultiChoice will continue to support Showmax with its local market knowledge, capacity for producing local content…
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…
TECNO’s AIoT Solutions Take Center Stage at MWC, Revolutionizing the Future of Connectivity
March 3, 2023
TECNO launched its first foldable smartphone, PHANTOM V Fold, and MEGABOOK S1 2023 laptop with the latest Intel? Core? processor, and showcase its diverse AIoT digital ecosystem at MWC Barcelona 2023.
Today, TECNO, an innovative technology brand with operations in over…
In line with its aim of helping young people connect and maximise global opportunities such as jobs, skills, and scholarships, Goodwall—a mobile-based professional development network for students and professionals—has launched in Nigeria with the #NigeriaSpeaks challenge in which up to $1500 is to be won.
Spanning the whole of March 2023, in the #NigeriaSpeaks challenge, young Nigerians…