Author: Staff Writer

Whether you’re looking for specific electronic components or are on the hunt for a new distributor, this blog can help you to find your perfect match online. The digital world isn’t always easy to navigate and you might be feeling more than a little lost. Luckily, there’s more than one…

Airtel Money Commerce (AMC), a subsidiary of Airtel Africa, has secured $200m from Qatar Investment Authority. This follows the recent $200 million investment by TPG’s The Rise Fund and the $100 million investment by MasterCard. AMC BV is the holding company for several of Airtel Africa’s mobile money operations; and…

The Lagos state government announced that it will soon commission its newly introduced vehicle registration portal to allow residents renew their vehicle licences online. The go-live date for this portal is August 1, 2021. According to Mrs. Lape Kilanko, the General Manager of Motor Vehicle Administration Agency (MVAA) in a recent…

In a significant policy shift, the Central Bank of Nigeria (CBN) has announced the suspension of foreign exchange (FX) sales to Bureau De Change (BDC) operators across the country. The decision was unveiled by Godwin Emefiele, the governor of the central bank, during the conclusion of the monetary policy committee…

In a bid to give young people a safer, more private experience, Facebook-owned Instagram announced that it is defaulting young people into private accounts when they join the social media platform. So starting this week, everyone who is under 16 years old (or under 18 in certain countries) will be…

Yes! Samsung has confirmed that it will launch a Galaxy Z Fold3 with S Pen support. Some of us have complained that the Z Fold and Z Fold2 should have come with S Pen support as it seems incomplete without a Pen. According to Dr. TM Roh, President and Head…

Everyone knows that the Nokia 3310 was built to last and that was its unique selling point when it was introduced in 2000 ….until Nokia stopped the production. With 126 million units sold worldwide, it was one of Nokia’s most iconic devices. A new mobile phone based on the iconic 3310…

It is no news that the past weeks have been a nightmare for many crypto traders and investors as bitcoin and several altcoins started a bearish trend. While some are seeing the crypto crash as an opportunity to buy bitcoin and some altcoins at a low price to increase their…

Amazon founder Jeff Bezos gave $100 million each to CNN’s Van Jones and chef José Andrés in the new “Courage and Civility award”. They are the first two recipients of this award. The self-made billionaire announced these awards at the end of a press conference after his successful trip to…

South Korean electronics giant, LG, has introduced its new LG PuriCare Wearable Air Purifier. This mask uses replaceable air filters and built-in fans to filter the air. It comes with a built-in microphone and speakers employing VoiceON technology so you no longer need to pull down your mask or raise…

South African eCommerce giant, Naspers, announced that it has invested $2.3 million (R34 million) in Ctrl, a digital short-term insurance advice platform. The investment was done via Naspers Foundry, its tech investment vehicle committed to invest R1.4 billion to grow early-stage tech companies. Founded in 2017, Ctrl is a digital short-term insurance…

Audio-only app, Clubhouse, is now out of beta and now free for everyone to subscribe to. It is no longer invite-only. This announcement was made by co-founders Paul Davison and Rohan Seth. Since its launch in March 2020, Clubhouse was invite-only. To join, an existing member had to invite you. This…

Esusu, a leading financial technology company for rent reporting and data solutions for credit building, announced that it has raised $10 million in a Series A funding round led by Motley Fool Ventures. Other Investors in this round include Celebrity Tennis star, Serena Williams through her Serena Ventures, The Equity…

Flourish Africa, women empowerment movement founded by Mrs Folorunso Alakija to serve as a catalyst for female empowerment and development, has announced the launch of a N1 billion fund to promote female-owned businesses in Africa. According to the statement announcing the fund, Mrs Alakija disclosed that the initiative would focus…

Process equipment is a significant business investment, and the decision to purchase one can be a daunting prospect. You’ll have to think about the model, size, brand, technology, and many other features of the machinery you need. There are usually a lot of things to consider to make the purchase…

Lifebank, a healthcare technology and logistics company based in Lagos, has unveiled a 700 cubic metre medical oxygen plant, AirCo, in Nasarawa State in a bid to scale up Nigeria’s capacity for oxygen supply. The AirCo by Lifebank oxygen plant in Nasarawa State was built with support from Oxygen Hub,…

Revolut, a UK Fintech announced that it has raised $800 million in a new funding round and this has pushed its valuation to $33 billion (£24 billion), thereby making it the biggest Fintech in the United Kingdom. The new funds raise was led by SoftBank and Tiger Global Management, which gives…

Truck rollover accidents may not occur nearly as frequently as some other types of road accidents, but when they do happen, they have the potential to be more devastating than the average accident. According to the National Highway Traffic Safety Administration (NHTSA), rollover crashes account for roughly 30% of all…

Plentywaka, Nigeria’s largest shared mobility platform which provides safe, comfortable and convenient rides on demand using cutting edge technology has announced yet another groundbreaking move. As part of its continued efforts to revolutionize the public transportation sector in Nigeria, the Techstars funded startup has today partnered with Autochek Africa to…

Billionaire Virgin Group founder, Sir Richard Branson has successfully completed his trip to outer space on board the Virgin Galactic passenger rocket plane with two pilots and three other passengers. Though it was scheduled to take off at 2.00p.m. WAT, it finally took off at 3.30p.m. WAT. The three people…