Author: Staff Writer

Telegram has introduced some new features to enhance user experience. The new features include custom notification sounds, custom mute duration, new auto-delete menu , web integration for BOTs, replies in forwarded messages, and more. Custom Notification Sounds You can now create your own notification tones from your favourite music and…

Over the last couple of days, Elon Musk has been “playing” with the fate of the social media platform, Twitter and it would seem that the Board was more or less powerless to the billionaire’s antics. The board has now come out with a plan to thwart the Tesla CEO’s…

WhatsApp has launched a new feature called Communities. According to the Facebook owned messaging platform, “Communities on WhatsApp will enable people to bring together separate groups under one umbrella with a structure that works for them. That way people can receive updates sent to the entire Community and easily organize…

Just when we had heard the last of the Elon Musk/Twitter saga, Elon Musk has come up with a new proposal. The billionaire and CEO of Tesla is offering to buy 100% of Twitter for $54.20 per share in cash. Remember he already has 9.2% of the social media platform…

Umba, an African digital bank, announced that it raised $15 million in a Series A funding round. Investors in this fundraise include Nubank, Tom Blomfield, the co-founder of Monzo, and previous backers Lachy Groom and ACT Ventures, Lux Capital, Palm Drive Capital, Banana Capital and Streamlined Ventures. With this fundraise,…

The world of Non-Fungible Tokens (NFT) became real and exciting in Nigeria with the sale of “Baba Onilu” images and in Ghana with the sale of the “viral coffin dance video”. The first story is about an old drummer while the second story is about pall bearers. Sale of Baba…

Lipa Later, a buy-now-pay-later (BNPL) company, has announced the appointment of Tom Gong, Co-founder of AliExpress and former Technical Program Manager for Google Wallet as its Chief Technical Officer. Last month, Lipa Later appointed Flutterwave Chief Executive Officer and Founder, Mr. Olugbenga ‘GB’ Agboola as a member of its advisory board.  Tom…

MTN Nigeria’s Momo Payment Service Bank (PSB) has been granted final approval to commence full operations. This approval was conveyed in a press release to Nigerian Exchange Limited today 11th of April 2022. The press release with the title “THE CENTRAL BANK OF NIGERIA GRANTS FINAL APPROVAL FOR MOMO PAYMENT…

In a surprising turn of events, billionaire Elon Musk is no longer joining the Board of Twitter. Last week, We had reported that he was joining the board after it was disclosed that he bought 9.2% stake in the social media company making him the largest shareholder. Even the CEO,…

China’s ride-hailing company, Didi Chuxing, has shut down operations in South Africa. This is coming about a year after it launched in the country. Many thought that it was set to compete seriously with the reigning incumbents, Uber and Bolt. According to a Didi South Africa spokesperson in a discussion…

Last year, Bridge Oracle CEO, Sina Estavi, bought an NFT of Jack Dorsey’s First Tweet for $2.9 million from Jack Dorsey. Now he is offering to sell the NFT for almost $48 million on non fungible token marketplace OpenSea, 16 times what the owner paid for it a year ago.  After…

Uber is working on its ambition to be a one-stop travel “super app” to cater for planes, trains, buses and rental cars. The mobility as a service provider said on Wednesday that it is adding trains, buses, planes and car rentals to its U.K. app this year. This will serve…

ImaliPay, a startup that assists African freelancers reach their financial goals, announced that it has raised $3million seed funding in a debt and equity round to increase its financial services offering to gig workers. It raised an undisclosed pre-seed investment led by the Australian venture capital firm TEN13 in 2021. Founded…

FTX, a cryptocurrency exchange, valued at $32 billion is set to roll out its operations in Africa. FTX is partnering with East African based AZA Finance to do this and according to Elizabeth Rossiello, the founder of AZA Finance, it will start in West Africa. According to Bloomberg, the Hong…

The Central Bank of Nigeria has fined four commercial banks – Access bank, Stanbic IBTC bank, United Bank of Africa and Fidelity Bank, a total of N814.3 million ($1.96 million) for failing to comply with regulations prohibiting cryptocurrency transactions. According to a Bloomberg report, “the penalties are part of efforts…

Meta-owned WhatsApp is on the verge of introducing a feature which would allow a user to send a message to an unsaved number. Currently, on the WhatsApp platform, you cannot send a message to a number you have not saved onto your contact list. This is about to change because…

You can now apply for the Mo Ibrahim Academy Fellowship. This fellowship is a joint initiative between Chatham House and the Mo Ibrahim Foundation. It offers candidates at the early-to-mid-stage of their career the opportunity to spend ten months at Chatham House working on an individual research project of their choosing. The ideal…

SmartWage, a South African innovative HR and communications technology startup, announced that it has raised $2 million in an oversubscribed seed funding round. According to the company in a statement, the funding was “raised to support SmartWage’s vision of transforming Africa’s workforce through digital inclusion, particularly for frontline employees like…

Nigeria and Finland-based ZirooPay announced that its has raised $11.4 million to scale its POS operations across Nigeria. The fundraising was led by by Lagos-based VC fund Zrosk Investment Management. Other participants include private and institutional investors like Nordic venture fund Inventure, Fedha Capital, Exotix Advisory and individual investors like Petri…

The Federal Government (FG) of Nigeria has directed all telecom operators in the country to bar outgoing calls for all that have not complied with the NIN-SIM linkage Policy from the 4th of April, 2022. The directive was given by the Honourable Minister of Communications and Digital Economy, Professor Isa…