Nigerian fintech unicorn, Moniepoint, has recently received a strategic investment from Visa, the global payments giant. This development follows Moniepoint’s successful $110 million Series C funding round just three months ago, which tripled its valuation and achieved unicorn status. This investment highlights the increasing interest in Moniepoint, recognized by many…

Google has announced an agreement to acquire a portion of HTC’s extended reality (XR) business for $250 million, marking a significant expansion of its efforts in the virtual and augmented reality hardware space. This move follows the recent launch of Google’s Android XR platform. The deal includes the transfer of…

The Nigerian Communications Commission (NCC) has approved a 10-year renewal of MTN Nigeria’s 800MHz spectrum license, a decision that highlights the evolving regulatory landscape of the country’s telecommunications sector. This move not only reinforces MTN’s market position but also holds significant implications for consumers across Nigeria. Key Points: Telecom Regulatory…

Nigeria’s telecommunications sector is entering a new era after the Nigerian Communications Commission (NCC) approved a 50% tariff increase for voice and data services. This marks the first significant tariff adjustment in over a decade, a decision driven by rising operational costs for telecom operators, including soaring inflation, currency devaluation,…