Binance Fined $10 Billion in Nigeria’s Crypto Crackdown After Company’s Executives Arrest
The government reportedly requested user data and details from Binance, although it remains uncertain whether the company has complied with these requests.
Nigeria Blocks Access to Crypto Websites Amid Currency Crisis
The Central Bank of Nigeria, along with the Nigerian Communications Commission, has instructed telecom companies to block access to crypto...
Showmax Surpasses Netflix as Africa’s Top Streaming Service
In a recent report by Omdia Research, Showmax, an online video streaming service, has seized the crown from Netflix to...
Nigeria Considers Blocking Crypto Websites Amid Binance Controversy
While not confirmed, a source hinted that the apex bank might employ telcos to restrict access to these websites and apps in Nigeria.
Nigerian Fintech, Mamamoni, Gets €200K Boost from CFYE
Mamamoni, founded in 2014 by Nkem Okocha, aims to empower low-income women in Nigeria financially.
Carbon Rebrands as Carbon Business After Acquiring Nigerian Fintech Startup Vella Finance
One of the key benefits of this acquisition is Carbon's access to Vella Finance's AI technology, which provides valuable insights from financial transactions for SMEs.
Nigerian Fintech Startups Cleva and Miden Selected for Prestigious Y Combinator Accelerator
The accelerator boasts an impressive alumni network, including African giants like Flutterwave, Paystack, and Kobo360, alongside rising stars like Cowrywise, MarketForce, and Kudi.
Flutterwave Granted Court Order to Recover Millions Lost in Unauthorised Transactions
The issue arose when Flutterwave discovered on October 10, 2023, that certain PoS device merchants had misused their access to its platform due to a technical glitch.
Absa Bank Launches New WhatsApp Banking Wallet in South Africa
WhatsApp is hugely popular in South Africa, with over 90% of internet users on the platform. It's expected to keep growing, reaching 28 million users by 2026.
Optimus by Afrinvest Launches US Stocks Feature, Expanding Fintech Offerings for Global Investing
In a groundbreaking move, Optimus by Afrinvest, a Nigeria-based company, has officially launched its US stocks feature, marking a significant...