Standard Bank’s Security Tool Targets Vishing Threats
Standard Bank’s security tool targets vishing threats in South Africa. Once activated and consented to by the client, the feature notifies users of suspicious calls. This move follows a warning about an increase in vishing fraud targeting older people who are approaching retirement or have recently received their cash payouts.
What is a Discounted Payback Period?
In financial analysis, numerous tools and metrics are employed to evaluate the viability of potential investments. One such tool is the Discounted Payback Period (DPBP). This metric provides a measure of the time it takes for a project’s discounted cash flows to recover the initial investment. Unlike the traditional payback
How Does a VC Firm Make Money
Venture Capital (VC) firms play a critical role in the entrepreneurial ecosystem. By providing the necessary capital and resources to start-ups, they help nurture innovative ideas into successful companies. But how do these VC firms make money themselves? In this blog post, we will discuss how does a VC firm
FCCPC Asserts its Orders Against WhatsApp are Based on Legitimate Concerns
Nigeria’s FCCPC (Federal Competition and Consumer Protection Commission) asserts its orders against WhatsApp are based on legitimate concerns about consumer protection and data privacy. This response follows reports that WhatsApp might leave Nigeria over the FCCPC’s orders. The messaging platform allegedly said that complying with the order would make it technically impossible
Onyeka Onwenu, the Woman Known as the Elegant Stallion
Earlier hours of July 31, 2024, news broke that Legendary Nigerian entertainer Onyeka Onwenu had passed away minutes after she finished performing at a birthday party in Lagos. Many were shocked to hear about Onyeka Onwenu’s sudden passing. With her music, acting, and broadcast journalism achievements. She’s regarded by many
Ifeanyi Ubah, an African Business Icon and Philanthropist
During the early hours of 27th July, 2024), news spread that one of the most influential figures in the Nigerian business scene, Patrick Ifeanyi Ubah, the founder of Capital Oil and Gas is died. Upon sending shock waves both abroad and home, the development went viral on social media, at
US Ticket Marketplace Ticketmaster Acquires South Africa’s Quicket
US ticket marketplace Ticketmaster acquires South Africa’s Quicket to further support the rapidly growing live events market across the continent. Launched in 2022 by Live Nation Entertainment, Ticketmaster serves some of South Africa’s leading festivals, sports, music, theatre, and venue clients. The deal will give it access to Quicket’s self-service
Intron Health Secures $1.6M in Pre-seed Funding
Nigerian healthtech startup, Intron Health secures $1.6 million in pre-seed funding to advance its AI technology, focusing on perfecting noise cancellation and handling multi-speaker conversations. The funding round was led by Microtraction, with participation from Plug and Play Tech Center, Jaza Rift, Octopus Ventures, Africa Health Ventures, OpenSeedVC, Pi Campus,