Polaris and other banks are exploring ways to comply with CBN’s new capitalization requirement
To comply with CBN’s new capitalization requirement, tier-1 banks have already raised over ₦1 trillion on
Central Bank of Nigeria Extends Forex Purchase Deadline for BDCs to May 30
The Central Bank of Nigeria extends forex purchase deadline for Bureau de Change (BDC) operators to
Nigeria launches AI-powered ‘Service-Wise GPT’ to transform public service
Nigeria has recently unveiled “Service-Wise GPT,” an AI-driven assistant aimed at revolutionizing public service delivery. Introduced
HR software company, Bento to pause transactions as CEO resigns
Nigerian HR software company, Bento Africa has temporarily halted its operations following the resignation of its
Microsoft generated $69.6 billion in revenue in the Q4 of 2024
Microsoft generated $69.6 billion in revenue in the fourth quarter of 2024, reflecting a 12% increase
Ad spend on African shopping apps soars by 80%
Ad spend on African shopping apps soars by 80% in the first nine months of 2024
Safaricom seeks approval for Kenya’s first telco-owned submarine cable
Kenya’s leading telecommunications company, Safaricom seeks approval for Kenya’s first telco-owned submarine cable amid rising competition.
South Africa fintech, Stitch acquires Exipay
In a strategic move to broaden its service offerings, South Africa fintech, Stitch acquires Exipay, a
PAIX Data Centres expands to Dakar, Senegal
PAIX Data Centres expands to Dakar, Senegal, marking a significant step in its African expansion strategy.
How Bento Africa allegedly scammed customers as LIRS reportedly investigates
The Lagos State Inland Revenue Service (LIRS) has reportedly begun an investigation into Bento Africa, a
