NIBSS enhances NQR payment system to drive Nigeria’s cashless economy
Nigeria Inter-Bank Settlement System (NIBSS) enhances Nigeria Quick Response (NQR) payment system to drive Nigeria’s cashless economy, strengthening Nigeria’s push toward a cashless economy. The upgrade aims to make digital transactions more seamless, secure, and widely accessible for businesses and everyday users. The system now supports both Person-to-Person (P2P) and
Tuma Ventures enters Tanzania with new PSP licence approval
Nairobi-based fintech company specialising in “softPOS” technology, Tuma Ventures enters Tanzania with new PSP licence approval. This move will enable Tuma to broaden its financial services within Tanzania, offering real-time payment processing for merchants, mobile wallet solutions, and float management for other fintech companies. These services are designed to advance
Lagos state partners with Huawei to advance smart transport solutions
Lagos state partners with Huawei to deploy four new Intelligent Transport System (ITS) sites across key locations, aiming to enhance traffic management and road safety. The new ITS sites aim to streamline traffic flow and reduce congestion using advanced monitoring and AI-powered traffic solutions. The initiative will enhance road safety for commuters
Customer Acquisition Strategy for Startups This Year
As an entrepreneur building a product/service, developing an effective customer acquisition strategy for startups is essential. Because without a steady flow of new customers, even the most innovative products or services may struggle to grow and maintain long-term success. In this article, we’ll discuss how to craft a customer acquisition
StarkWare launches $4 million fund to invest in blockchain startups
StarkWare launches $4 million fund to invest in African blockchain startups as the continent embraces growing blockchain adoption. StarkWare is an Israeli blockchain infrastructure company valued at $8 billion with an Africa-focused fund will provide grants of up to $150,000 to early-stage startups. While larger investments are available for projects
Nigeria’s SEC to issue crypto licences faster in 2025
Nigeria’s Securities and Exchange Commission (SEC) to issue crypto licences faster in 2025 as part of its efforts to regulate the cryptocurrency market and protect consumers. The regulator aims to expedite approvals to address the need for clear regulations in a largely unregulated market. Since launching the Accelerated Regulatory Incubation
Why I Use Lean Canvas for My Business Services
The competitiveness of modern business demands a lean, agile approach to strategy and planning. If you’re a business owner or entrepreneur seeking to streamline operations and improve service delivery, the lean canvas for my business services offers a simple yet effective framework. This blog post will guide you through the
6 business model canvas examples to learn from this year
The Business Model Canvas (BMC) has revolutionized the way businesses—both startups and established companies—design, test, and refine their business strategies. So whether you’re looking to innovate your current business model or start a new venture from scratch, the insights that will shared in this article will help you understand, adapt,
6 Best Business Models for Startups This Year
Building a startup is a journey filled with countless decisions – from product development and marketing to operations and financing. One of the most critical decisions a founder makes is choosing the right business model. Whether you are bootstrapping your venture or attracting investors, having a robust business model is
FEC approves two initiatives to bolster Nigeria’s digital economy
The Federal Executive Council (FEC), led by President Bola Tinubu, approves two initiatives to bolster Nigeria’s digital economy: This initiative, leveraging a Public-Private Partnership (PPP) funding model, will improve access to digital services, spur economic growth, and enhance the overall quality of life. Both initiatives align with the Infrastructure pillar
