Mama Money Joins Forces with Access Bank and Paymentology to Launch WhatsApp-Powered Bank Card
With the new Mama Money Card, users can transfer payments internationally, buy electricity and airtime, download bank statements, check their balance, and manage their accounts—all through WhatsApp.
Nigeria’s Central Bank Expands Forex Access for Money Transfer Operators
The CBN has been implementing significant reforms, including allowing the naira to trade freely against the dollar and unifying the exchange rates.
SA Online Shoppers Rally Against Upcoming Import Tax Changes
Petitioners acknowledge the need for taxation to fund essential services but argue that the sudden increase is unfair.
South African Government to Control Ride-Hailing Prices
Initially, ride-hailing platforms in South Africa resisted this amendment and even tried to have it scrapped. However, the Department of Transport welcomed its signing into law and outlined the next steps.
Flutterwave Cuts 3% of Workforce to Focus on Enterprise and Remittance
The layoffs were announced during a town hall meeting on Monday, according to sources familiar with the matter. These roles were linked to products that Flutterwave has decided to discontinue.
CBN Fully Reinstates Eyowo’s License
The company had faced major challenges in 2023, with rumours of shutdowns.
US Lawmakers Visit Detained Binance Executive in Nigerian Prison
Gambaryan, an American citizen, has been in detention since February. He faces charges of money laundering and operating unlicensed financial activities.
NIMC Data Breach: AnyVerify Sells Personal Information of 100 Million Nigerians Without Authorisation
AnyVerify lacks a vetting process to prevent misuse. Users need only provide an email address and NIN to register, and must fund a wallet with at least ₦400 before accessing the service.
Nvidia Overtakes Microsoft to Become World’s Most Valuable Company
Nvidia's incredible market value surge over the past year highlights Wall Street's excitement about emerging AI technology.
Polish Firm Farada Group to Establish Drone Factory in Kenya
Farada Group aims to serve a variety of clients, including Kenya Power and Kenya Electricity Transmission Company Limited for power line surveillance, and logistics companies for delivering medical supplies.