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Nigeria
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Tech News From Nigeria
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…
Microsoft Is Shutting Down Its African Development Centre In Nigeria
Update: We updated this story with confirmation that the center is shutting down News reports are circulating that…
Central Bank Of Nigeria Directs Financial Institutions To Implement 0.5% Cybersecurity Levy on Transactions
Update: The current Nigerian government administration directed the Central Bank of Nigeria to postpone the implementation of the…
Seamfix Raised $4.5 Million to Expand Digital ID and Credential Services across Africa
Seamfix, a global digital identity solutions provider, has secured $4.5 million from Alitheia IDF, a gender lens investing…
Bolt Nigeria Lays Off 22 Employees As Part of “Restructuring” Process
Bolt Nigeria has laid off 22 out of 45 staff, representing nearly half of its staff operating in the…
Logistics Startup Renda Raises $1.9 Million In Pre-Seed Round
Renda, an African logistic startup, has secured $1.9 million in pre-seed equity and debt funding. The investment round…
Flutterwave Announces Partnership With Travelwings Nigeria To Process Payments
Flutterwave, Africa’s leading payment technology company, has announced today that it will be processing payments for Travelwings Nigeria,…