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Tech News From Nigeria
GITEX To Be Hosted In Nigeria in 2025
The National Information Technology Development Agency (NITDA) has announced that Nigeria will host the Gulf Information Technology Exhibition…
Flutterwave Receives Payment Licence From Central Bank of Mozambique
Flutterwave, one of Africa’s leading payment companies, has secured a Mozambique payment aggregator licence in principle. Once approved,…
Nigeria Banking Startup Brass Acquired By Consortium Led By Paystack
The Nigerian business banking startup Brass has been acquired by a consortium of investors led by payment fintech…
Jumia Nigeria Launches Buy Now, Pay Later Partnerships with Easybuy and CredPal
Jumia, the leading e-commerce platform in Africa has announced two new Buy Now, Pay Later (BNPL) partnerships in…
Nigerian Court Upholds Provision For Banks To Collect and Verify Customers’ Social Media As Part of Their KYC Process
The Federal High Court in Lagos has upheld a provision of the Central Bank of Nigeria’s (CBN) Customer…
Starlink Becomes Third Largest Internet Provider in Nigeria in Q4 2023
According to data from Nigeria’s Communications Commission, Starlink, the satellite internet provider from SpaceX, was Nigeria’s third largest…
Nigeria Officially Suspends Its 0.5% Cybersecurity Levy
Nigeria’s Central Bank has suspended its planned levy on domestic money transfers to fund cybersecurity. Details The central…
Bamboo Launches Access To Nigerian Stocks On Its Platform
Online brokerage firm Bamboo has announced the expansion of its investment offerings by introducing Nigerian stocks on its…
O3 Capital Partners with American Express to Issue Four New American Express Cards in Nigeria
Lagos, Nigeria, 9 May 2024 – O3 Capital (“O3”), a leading Nigerian fintech and the country’s first non-bank…
Nigeria Is Considering Bringing Back a Telecom Tax To Secure a $750 Million World Bank Loan
Nigeria’s government is considering lifting a suspended telecom tax and other fiscal policies on Nigerians to secure a…