Madica aims to boost investment in Africa's pre-seed stage, attract more capital to the continent, and serve as a reference point for global VCs looking to invest in Africa
Qualcomm Incorporated today announced the shortlisted startups for Qualcomm Make in Africa 2024, as well as the winner of the 2023 Wireless Reach Social Impact Fund. The Qualcomm Africa Innovation Platform, now in its second year, aims to…
Security teams rely on an ever-growing stack of security tools to keep their organization safe. Yet, coverage gaps and alerts across these tools do not get proper and timely attention because of the difficulty engaging company employees…
Signature Bank, a front-line digital bank in Nigeria may soon have a foothold in Lagos. In an exclusive chat with our correspondent, a source at the Signature Bank confirmed the specifics of the expansion is not yet determined, “Although…
Gift card sales in Nigeria have grown in popularity as people become more aware of its potential as a lucrative source of revenue. Platforms like Grip have become reliable sources for turning unused gift cards into cash as people look to…
Some hours ago, IBM released the 2024 X-Force Threat Intelligence Index highlighting an emerging global identity crisis as cybercriminals double down on exploiting user identities to compromise enterprises worldwide. This global trend is…
Mastercard, in collaboration with the Committee of E-Banking Industry Heads for Nigeria (CeBIH), recently hosted the second edition of its annual Fraud Forum in Lagos, Nigeria. Building on the success of the inaugural edition in 2023, this…
The world has greatly moved from handling financial transactions physically to doing almost everything digitally. These days, people no longer need to stand in long queues at the bank and large amounts can be sent across continents by…
The Nigeria Sovereignty investment Authority (NSIA), said it has invested N571bn on some vital national project, such as: the Completion and handover of the Second-Niger Bridge Project, the Lagos-Ibadan Expressway Project, Abuja-Kaduna…
In almost every circle, you will find a tech-bro, tech-sis, or tech enthusiast diligently refining their skills, aspiring to secure dream tech jobs that promise financial success and elevated social status. What was once considered a niche…
The AccounTech Summit, a groundbreaking event designed to navigate the evolving landscape of the finance industry in the digital era, is set to hold in Lagos this year. Hosted by The Techy Accountant in partnership with the Association of…
KongaPay, a digital payment platform that facilitates secure and convenient transactions in Nigeria is now available on iOS app Store, Techeconomy can report. The startup announced this via email sent to customers which reads: “We are…
Zipline, the leading force in drone logistics delivery, has reached a monumental achievement with its one-millionth delivery to customers, signifying a significant leap forward in the logistics delivery sector. This historic milestone was…
Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission (EFCC), says the anti-graft agency has discovered another worse scheme other than crypto trading platform Binance and its system. He said the agency has frozen…
Dexude, an edtech platform with operations in Nigeria, has been awarded the prestigious Business Finland TEMPO funding. This significant funding injection marks a pivotal moment in Dexude’s journey towards transforming education through…
The Central Bank of Nigeria (CBN), has resumed the sales of dollars to Bureau De Change operators (BDCs). According to the circular referenced TEM/FEM/PUB/001/013 signed by Dr. Hassan Mahmud, the CBN’S Director of Trade and Exchange…
These days, the demand for high-quality audio accessories that can keep up with our dynamic lifestyles is ever-growing. Infinix is setting new standards with its innovative range of accessories. From the immersive audio experience provided…
A Dana Air aircraft with 83 passengers and crewmembers onboard on Tuesday morning skidded off the runway of the Murtala Muhammed Airport (MMA), Lagos on landing. This is as the Nigerian Safety Investigation Bureau (NSIB), said that it has…
As part of its continued commitment to women and the Medium, Small, and Medium-scale Enterprise (MSME) sector in the country, the global leader in insurance and asset management, AXA Mansard has supported three female-owned MSMEs with…
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Enugu Electricity Distribution Company Plc has been directed to incorporate a subsidiary (EEDC SubCo) within 60 days. Why? The Nigerian Electricity Regulatory Commission (NERC), on Monday, transferred its regulatory oversight of the…
Nigeria, once Africa’s largest economy, is anticipated to drop to fourth place this year due to economic challenges like high inflation and currency devaluation. The IMF forecasts a slight increase in Nigeria’s government debt-to-GDP ratio…
Transport stakeholders drawn from the Lagos State Ministry of Transportation, Nigerian Police Force, and the ride-hailing company inDrive have agreed to join forces in deepening awareness of safety issues among drivers and riders. This…
The Nigeria Customs Service (NCS), Lagos Free Trade Zone Command (LFTZ), has celebrated a record breaking revenue of N54 billion in the first quarter (Q1) of 2024. It generated N25,094,030,014.00 in revenue from the Free Zone and N29,671…
The Transmission Company of Nigeria (TCN) has confirmed that vandals destroyed its four towers along the Jos-Gombe transmission line, resulting power blackout in three States of Adamawa, Gombe and Taraba. Ndidi Mbah, TCN general manager,…
BuyLetLive, Nigeria’s leading prop-tech startup, has launched the country’s first AI property search experience, as well as an innovative investment product called Naija Homes. The new AI property search experience on BuyLetLive’s platform…