Business
African Startups Boosted by 240% Rise in Funding in January
African Startups witness a strong start with a 240% year-on-year rise in funding in January, following a sluggish 2024.
11 February 2025
Technology
Breaking News
IBM to Exit Nigeria, Ghana, and Key African Markets
IBM is set to exit Nigeria, Ghana, and 34 other African markets, transferring operations to MIBB, a Midis Group subsidiary, effective April 1, 2025.
6 February 2025
Business
Nigeria Launches iSTEP Initiative to Drive Youth Innovation and Economic Growth
The Nigerian government has launched iSTEP, a technology-driven program to train 10,000 youth innovators, create 5,000 jobs, and establish innovation hubs nationwide.
30 January 2025
Business
Microsoft and OpenAI Investigate DeepSeek for Unauthorized AI Data Extraction
Microsoft and OpenAI are probing Chinese AI startup DeepSeek for allegedly extracting data from OpenAI’s models without permission.
29 January 2025
Business
Nigerian Fintech Startup LemFi Raises $53 Million to Expand in Europe
LemFi, a fintech startup focused on remittances, raises $53M Series B funding led by Highland Europe to expand operations in Europe and enhance global services.
15 January 2025
Business
Tech Startups In Nigeria Raised $410 Million in 2024
Nigerian tech startups received $410 in funding in 2024, nearly equal to the $400 funding received in 2023.
7 January 2025
Business
Fintech Association of Nigeria Charged with Driving Innovation, Collaboration, and Financial Inclusion
Fintech Association of Nigeria has been urged to foster collaboration with the government, strengthen risk management and drive innovation
16 December 2024
Business
African Startup Funding Declines by 32% in 2024
Funding for African startup fell by 32% in 2024, totaling $1.9 billion between January and November due to disruptions caused by insecurity
6 December 2024
Business
Zenith Bank Awards N77.5m at 4th Tech Fair Hackathon
Zenith Bank’s Tech Fair 4.0 awards N77.5m to innovative startups, with JumpnPass winning N25m. The event also launched EazyByZenith
24 November 2024
Business
FirstBank Fintech Summit 6.0: “Banking on Partnerships” to Unleash Innovation and Collaboration in Financial Technology
Join FirstBank’s 6th Annual Fintech Summit on November 13-14, 2024, a hybrid event themed “Banking on Partnerships.”
10 November 2024
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