Author: Staff Writer

The era when Bitcoin was dismissed as a fringe experiment is long gone. Today, institutional Bitcoin investments are gaining serious traction, redefining the market dynamics of digital assets. Hedge funds, pension managers, and even insurance giants are gradually carving out a space for Bitcoin in their portfolios, not out of…

Guaranty Trust Holding Company Plc (GTCO) has officially become the first financial services institution in Nigeria—and West Africa—to list its ordinary shares on the London Stock Exchange (LSE). The milestone, achieved on July 9, 2025, marks a defining moment in the company’s global growth strategy and underlines its long-term ambition…

Williams Fatayo, co-founder and former CEO of Nigerian logistics startup truQ, has stepped down from the company’s leadership, ending a five-year journey marked by rapid innovation, operational pivots, and now, controversy. His departure, initially framed as a personal and visionary transition, has taken on new complexity following an official statement…

Samsung recently launched its smartphone Z-series – the Galaxy Z Fold7 and Z Flip7. Before you think of picking up this phone or swapping your current phone with this latest phones, let us take a look at the difference between Fold6 and Fold7 among others. Here’s an in-depth comparison of…

Egypt-based real-estate technology firm Nawy has taken a decisive step into the Gulf market by acquiring a majority stake in Dubai-headquartered SmartCrowd, the first platform in the region to secure regulatory approval for fractional property investment. The deal, announced days after Nawy closed a US$52 million Series A round, signals…

OpenAI is gearing up to disrupt the web browser market with the launch of its own AI-driven browser, directly challenging Google Chrome’s long-standing dominance. The new browser is expected to debut in the coming weeks and aims to redefine how users interact with the internet by embedding AI agents directly…

Samsung has once again pushed the boundaries of mobile innovation with the launch of its highly anticipated Galaxy Z Fold7 and Galaxy Z Flip7. Unveiled at the Galaxy Unpacked 2025 event, the two devices represent a new chapter in the evolution of foldable smartphones—delivering slimmer designs, more intelligent software, and…

Hinckley E-Waste Recycling Ltd, a trailblazer in Nigeria’s circular economy, has secured fresh backing from Goodwell Investments and Alitheia Capital to expand its operations. The funding, channeled through the uMunthu II impact fund, will finance the development of Nigeria’s first dedicated lithium-ion and lead-acid battery recycling plants in Ogun State.…

Linda Yaccarino announced that she is stepping down as CEO of 𝕏. According to her on her page, “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company. I’m immensely…

OPay has grown remarkably from its Nigerian launch in 2018 into one of the country’s most dominant financial services platforms. Initially established to facilitate digital payments in a largely cash-driven economy, OPay successfully navigated Nigeria’s complex regulatory environment, infrastructure gaps, and economic volatility. Through strategic pivots, smart deployment of capital,…

The Nigerian Communications Commission (NCC) has introduced a comprehensive regulatory framework for Application-to-Person (A2P) messaging services in a bid to streamline operations, enhance consumer protection, and reduce revenue leakage within the telecoms sector. This move is seen as a strategic effort to sanitize the automated messaging space, which has become…

Cerebrium, a rising force in the artificial intelligence infrastructure space, has secured $8.5 million in a seed funding round led by Gradient Ventures, Google’s AI-focused venture arm. The round also included backing from Y Combinator and Authentic Ventures, signaling strong confidence in Cerebrium’s serverless platform that enables engineers to easily…

African startups secured a total of $391.1 million in publicly disclosed funding in June 2025, showing a significant rebound compared to the $225+ million raised in May 2025. Led by megadeals in fintech, infrastructure, clean energy, and AI, this sharp uptick signals renewed investor confidence in Africa’s innovation economy as…

South African fintech company Paymenow is charting a bold new course in financial wellness after securing a R400 million ($22.4 million) working capital facility from Standard Bank Group. The funding, structured under a sustainable finance framework, marks a significant milestone not just for the Stellenbosch-based startup, but for the broader…

As part of a strategic push to bridge Nigeria’s longstanding MSME financing gap, the Federal Government has formally inaugurated the board of the National Credit Guarantee Company Limited (NCGC). The initiative, launched under President Bola Tinubu’s Renewed Hope Agenda, is designed to boost access to credit for Nigeria’s over 40…

Apple Music has released its 500 most-streamed songs of the decade, with Wizkid earning the title of highest-charting African act on the list. This is thanks to his feature on Drake’s hit song “One Dance,” which is placed at Number 6 on the list. The track, from Drake’s 2016 album…

Fara Ashiru Jituboh, co-founder and former CEO/CTO of Nigerian fintech startup Okra, has joined UK-based Revenue Operations (RevOps) startup Kernel as Head of Engineering. Her move comes after a period of quiet upheaval at Okra, which officially shut down in May 2025 following a bold but costly pivot into cloud…

MTN Nigeria and 9Mobile have sealed a three-year national roaming deal, approved by the Nigerian Communications Commission (NCC). This landmark collaboration allows 9Mobile subscribers to tap into MTN’s extensive network coverage across Nigeria—especially in areas where 9Mobile’s presence is limited. The partnership, which officially received the NCC’s nod, is a…

Microsoft has commenced a fresh round of layoffs that will impact approximately 9,000 employees—less than 4% of its global workforce—as part of its broader effort to streamline operations and realign priorities around artificial intelligence. This marks the second major round of layoffs in 2025 and is consistent with the company’s…

Customers expect timely deliveries. When you have platforms like Amazon Prime which supply next-day and even same-day delivery, competition has never been fiercer. That’s why, when things don’t go to plan, frustration can build quickly among customers. It doesn’t matter if the delays are caused by traffic, weather, or supply…