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Nigeria
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Tech News From Nigeria
Nigeria Wants 95% Financial Inclusion by 2028. Here’s What You Need To Know About Its Payments System Vision Plan
The Central Bank of Nigeria has released a sweeping payments roadmap targeting biometric payments, CBDC expansion, and cross-border integration — but structural hurdles remain
Nigeria Fined Meta $32 Million For Privacy Violations. Behind Closed Doors, The Government Quietly Reached A Settlement
The country fined Meta $32.8 million for data privacy violations — then quietly wrote off the penalty in a closed-door settlement that gutted most of its original demands
Swoop, A Food Delivery App Founded By 19-Year-Old Dropout, Raises $7.3 Million and Launches in Nigeria
Aubrey Niederhoffer skipped Berkeley, moved to Lagos, and just landed seed funding to turn a food delivery startup into the continent's answer to WeChat
Nigeria Is Taxing Petrol-Guzzling SUVs — and Using the Money to Go Green
Africa's most populous nation has introduced a tiered green levy on large-engine vehicles, part of a sweeping fiscal overhaul that also slashes duties on EVs and essential goods
Nigeria Central Bank Announces Pilot Program for Virtual Asset Service Providers
Select companies chosen for its pilot program include Flutterwave, Paystack and KoinKoin
Nigeria Targets Temu in Data Privacy Probe
Nigeria’s data watchdog has launched an investigation into Chinese e-commerce giant Temu over suspected violations of local data…
Defense Tech Startup Terra Industries Hits $34M With Funding Extension
Terra Industries, an Abuja-based defense tech startup, has extended its funding round by $22 million, bringing its total…
Redtech Processes $20.6 Billion Transactions in 2025 Financial Year
Lagos, Nigeria – Redtech, a technology company backed by Heirs Holdings, today announced it processed $20.6 billion (₦30 trillion) in…
Paga Partners With PayPal To Enable Live Two Transactions in Nigeria
PayPal is officially enabling two-way transactions in Nigeria through a partnership with local fintech giant Paga. The move…
Paystack Acquires Ladder Microfinance Bank; Will Provide “Banking As A Service” In Nigeria
Paystack, the Stripe-owned fintech, has acquired Ladder Microfinance Bank, securing the regulatory license needed to offer lending, hold…