Airtel Africa Plc has announced that its payment service bank subsidiary, SmartCash, has commenced operations in Nigeria.
This was disclosed in a statement signed by the company’s secretary, Simon O’Hara and filed with the Nigerian Exchange Group (NGX).
The statement read, “Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries…
Video streaming company, Netflix has laid off 150 of its employees as its subscriber base and revenue slows down. This is coming less than a month after it disengaged at least 10 full-time staff and contractors in its editorial and marketing divisions.
The sacked workers…
Small loans enable entrepreneurs to start or expand micro, small and medium enterprises.
Microfinance also called “microcredit” is a way to provide small business owners and entrepreneurs access to capital. Often, small and individual businesses don’t have…
Nigerian logistics startup Topship has raised a US$2.5 million funding round as it continues to build the “Flexport for Africa”.
Launched in June 2020, Topship allows African businesses to export and import cargo, freight and parcels to their suppliers, distributors and customers at any location worldwide.
The startup says it is building “Flexport for Africa”, and it has now raised a…
Access Holdings Plc has announced plans by Access Bank to divest from its pension custody subsidiary.
The Group released a statement signed by the company secretary, Sunday Ekwochi and filed with the Nigerian Exchange Limited (NGX).
According to the statement, the group is…
French multinational oil and gas giant, TotalEnergies SE, has formally launched the sale of its 10% stake in its Nigerian joint venture with Nigerian National Petroleum Company (NNPC) Limited, Shell Petroleum Development Company (SDPC) and Eni.
According to Reuters, a sale…
The Spanish Data Protection Agency (AEPD) has imposed a penalty of ten million euros on Google for transferring data to third parties without a legal base to do so and for hindering citizens’ right to erasure. According to the Agency, these contravene Articles 6 and 17 of the European General Data Protection Regulation (GDPR).
AEPD said it found out that Google had passed information that could…
The Security & Exchange Commission, SEC released its long-awaited Digital Asset regulation that is meant to guide how digital assets such as cryptocurrencies are regulated in the country.
The new rules for Digital Assets are part of its effort to regulate digital/virtual…
The Central Bank of Nigeria has issued the regulatory framework for Open Banking in Nigeria in its efforts to enhance data sharing across the banking and payments system to promote innovations and broaden the range of financial products and services available to bank…
Jumoke Dada is the founder and chief executive officer of Taeillo, a start-up brand that produces urban furniture using African-inspired pieces. She owns a Multimillion Furniture Manufacturing Company in Nigeria.
She has also built one of the biggest Afrocentric Household Manufacturing Startups in Lagos, Nigeria.
Notable Achievements
Taeillo was chosen as one of the startups to represent Africa at…