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Author: akintunde

Google Opens Product Development Center In Nairobi, Its First In Africa
Local

Google Opens Product Development Center In Nairobi, Its First In Africa

Google announced the launch of a product development center in Nairobi, its first in the continent today. This is set…

byakintundeApril 20, 2022April 20, 2022
Indian Crypto Exchange CoinDCX Tops $2 Billion Valuation In New $135 Million Funding
Local

Indian Crypto Exchange CoinDCX Tops $2 Billion Valuation In New $135 Million Funding

CoinDCX has doubled its valuation to $2.15 billion (post-money) in eight months following a fresh $135 million funding. Steadview and…

byakintundeApril 20, 2022April 20, 2022
Oil Earnings Drop By N75.9bn Despite Monthly Price Hike – Report
Local

Oil Earnings Drop By N75.9bn Despite Monthly Price Hike – Report

Nigeria’s earnings from crude oil plunged by about N75.9bn in February and March this year despite the increase in global…

byakintundeApril 20, 2022April 20, 2022
Tiger Global Leads $3M Round In Zambia’s Union54 For Its Card-Issuing API
Local

Tiger Global Leads $3M Round In Zambia’s Union54 For Its Card-Issuing API

Union54, the first Zambian startup backed by Y Combinator, got another major venture capital firm on its term sheet, Tiger…

byakintundeApril 19, 2022April 19, 2022
Ellis Raises $5.6M To Pave The Way For International Students
Local

Ellis Raises $5.6M To Pave The Way For International Students

New immigrants find it hard to set up a bank account. That’s why Ellis was created for international students planning…

byakintundeApril 19, 2022April 19, 2022
Twitter’s In-Development Edit Button Offers Hints As To How He Feature Could Work
Local

Twitter’s In-Development Edit Button Offers Hints As To How He Feature Could Work

Recently, Twitter announced a great news that users will be able to edit tweets — a longtime user request. Twitter…

byakintundeApril 19, 2022April 19, 2022
FMDQ Exchange Lists Prima Corporation’s N7b Commercial Paper
Local

FMDQ Exchange Lists Prima Corporation’s N7b Commercial Paper

FMDQ Securities Exchange Limited has listed Prima Corporation Limited’s N7.02 billion Series 2 Commercial Paper. The CP was issued under…

byakintundeApril 19, 2022April 19, 2022
Nigerian Exchange (NGX) Launches Exchange Traded Derivatives (ETD) Market
Local

Nigerian Exchange (NGX) Launches Exchange Traded Derivatives (ETD) Market

NGX yesterday launched its ETD market with the listing of two equity index futures contracts. The ETDs market to commence…

byakintundeApril 19, 2022April 19, 2022
Uganda: Completion Of Karuma Dam Pushed To 2022
Local

Uganda: Completion Of Karuma Dam Pushed To 2022

Following a regular inspection on June 25, the completion deadline for Uganda’s showpiece $1.7 billion hydroelectric project, the Karuma Dam,…

byakintundeApril 15, 2022April 15, 2022
Cashew nuts, Others’ Exports Hit N56bn In Q1 –Customs
Local

Cashew nuts, Others’ Exports Hit N56bn In Q1 –Customs

The Nigeria Customs Service’s TinCan Island Command reported that the total tonnage of products shipped from its command between January…

byakintundeApril 15, 2022April 15, 2022
Bosch Picks Up Five.ai After The Self-Driving Startup Pivoted To B2B And Then Put Itself Up For Sale
Local

Bosch Picks Up Five.ai After The Self-Driving Startup Pivoted To B2B And Then Put Itself Up For Sale

With the most recent development coming out of Europe, the world of autonomous driving is consolidating. Bosch announced that it…

byakintundeApril 15, 2022April 15, 2022
Fintech Brex Bets Big On Software, Lands DoorDash As A Customer
Local

Fintech Brex Bets Big On Software, Lands DoorDash As A Customer

We’re very focused on signing up net new large enterprise customers,’ CEO says. Today, decacorn Brex revealed that it is…

byakintundeApril 14, 2022April 14, 2022
Braid Aims To Untangle Pooling Money With Friends
Local

Braid Aims To Untangle Pooling Money With Friends

The founder of Braid , a company that wants to make shared wallets more mainstream among consumers, Entrepreneur Amanda Peyton…

byakintundeApril 14, 2022April 14, 2022
Amazon’s Cashierless Just Walk Out Technology Comes To Houston Astros’ Major League Baseball Stadium
Local

Amazon’s Cashierless Just Walk Out Technology Comes To Houston Astros’ Major League Baseball Stadium

Amazon announced today will bring its cashier-free checkout technology, Just Walk Out, to a Major League Baseball stadium for the…

byakintundeApril 14, 2022April 14, 2022
Nurse-Assisting Robotics Firm Diligent Raises $30M
Local

Nurse-Assisting Robotics Firm Diligent Raises $30M

Nursing shortages were a problem well before our hospitals were rocked by a pandemic. Two years in and overloaded systems…

byakintundeApril 14, 2022April 14, 2022
WhatsApp Permitted To Extend Payments Service To 100 Million Users In India
Local

WhatsApp Permitted To Extend Payments Service To 100 Million Users In India

The payments body that oversees the popular UPI (Unified Payments Interface) instrument, approved WhatsApp to extend its payments service to…

byakintundeApril 14, 2022April 14, 2022
Google Quietly Launches Its Awaited ‘Switch To Android App On IOS
Local

Google Quietly Launches Its Awaited ‘Switch To Android App On IOS

In 2021, Google was developing a “Switch to Android” app for iOS users looking to make the jump from iPhone…

byakintundeApril 14, 2022April 14, 2022
Better.com Said To Be Planning Third Round Of Layoffs
Local

Better.com Said To Be Planning Third Round Of Layoffs

Digital mortgage company Better.com is gearing up for another round of layoffs, multiple sources with knowledge of internal happenings at…

byakintundeApril 14, 2022April 14, 2022
Digital Bank Umba Raises $15M, Plans To Expand Into Three New African Markets
Local

Digital Bank Umba Raises $15M, Plans To Expand Into Three New African Markets

There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid…

byakintundeApril 14, 2022April 14, 2022
Central Bank Of Nigeria Begins RT 200 Rebate Payment To Exporters This Week
Local

Central Bank Of Nigeria Begins RT 200 Rebate Payment To Exporters This Week

The first disbursement of rebates to exporters under the RT 200 policy of the CBN commences this week. According to…

byakintundeApril 12, 2022April 12, 2022
Nigerian Government Targets 500MW From Mini-Grids, Blames Collapse On Sabotage
Local

Nigerian Government Targets 500MW From Mini-Grids, Blames Collapse On Sabotage

FG expects more than 500MW of electricity from interconnected mini-grids to be developed by the Rural Electrification Agency. FG blamed…

byakintundeApril 11, 2022April 11, 2022
E-payments Rise By 45%, N55tn Transferred In Two Months
Local

E-payments Rise By 45%, N55tn Transferred In Two Months

According to data from the Nigeria Inter-Bank Settlement System portal, about N54.98tn was processed through Nigeria’s electronic channels in the…

byakintundeApril 11, 2022April 11, 2022
Weak Digital Economy Hindering Nigeria, Other’s Growth – World Bank
Local

Weak Digital Economy Hindering Nigeria, Other’s Growth – World Bank

The World Bank has advised Nigeria and other African countries to focus on digital development as too many of Africa’s…

byakintundeApril 11, 2022April 11, 2022
Lekoil Files Winding Up Petition, Says Shareholders’ Interest Protected
Local

Lekoil Files Winding Up Petition, Says Shareholders’ Interest Protected

Lekoil Nigeria Limited has filed a petition in the Grand Court of Cayman Island Court to request a its “Just…

byakintundeApril 11, 2022April 11, 2022
CBN Finances 5 Large-Scale Agric Projects With N19.15bn
Local

CBN Finances 5 Large-Scale Agric Projects With N19.15bn

In line with its economic diversification blueprint, the Central Bank of Nigeria (CBN) released N19.15 billion to finance 5large-scale agricultural…

byakintundeApril 11, 2022April 11, 2022
Shareholders Approve New Capital Raising For Custodian Investment
Local

Shareholders Approve New Capital Raising For Custodian Investment

Shareholders of Custodian Investment Plc have authorized the board of the company to raise additional capital as part of its…

byakintundeApril 11, 2022April 11, 2022
Nigeria Generates $868m From Gas Export In 2021
Local

Nigeria Generates $868m From Gas Export In 2021

The NNPC has revealed that the country recorded about $868.5 million or N361.43 billion from gas export in 2021. The…

byakintundeApril 11, 2022April 11, 2022
NNPC Seeks Special Courts To Prosecute Oil Thieves, Others
Local

NNPC Seeks Special Courts To Prosecute Oil Thieves, Others

The Group MD of the Nigerian National Petroleum Company Limited, Mele Kyari, has shown the House of Representatives Committee on…

byakintundeApril 8, 2022April 8, 2022
Shareholders Lament As Nigerian Government Takes Over Unclaimed Dividend Trust Fund
Local

Shareholders Lament As Nigerian Government Takes Over Unclaimed Dividend Trust Fund

Strong indications emerged yesterday that the Federal Government of Nigeria may have finally taken over the management of the Unclaimed…

byakintundeApril 8, 2022April 8, 2022
CBN Fines Three Banks N800m Over Crypto Transactions
Local

CBN Fines Three Banks N800m Over Crypto Transactions

The CBN of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country The imposed fine…

byakintundeApril 7, 2022April 7, 2022

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