Visa, the global digital payments company, has partnered with Access Bank to launch a Corporate Credit Card aimed at medium and large enterprises across Nigeria. The product is designed to transform corporate finance management by digitising operational expenditures and enhancing overall financial efficiency. The new card provides a dual-purpose solution, helping companies improve working capital […]
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Stripe-owned fintech company Paystack has formally entered Nigeria’s banking sector following its acquisition of a licensed microfinance bank, marking a strategic expansion beyond payments. The company announced the launch of Paystack Microfinance Bank, noting that the new institution will operate as a separate entity with its own licence, governance structure and product roadmap, while maintaining […]
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Wema Bank Plc has officially launched an upgraded version of its flagship digital banking platform, ALAT by Wema, marking a significant leap forward in digital banking in Nigeria. The newly enhanced platform, branded ALAT: The Evolution, aims to deliver a faster, smarter, and more intuitive banking experience for customers while reinforcing Wema Bank’s position as a leader […]
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An Abuja Federal High Court has removed Meta Platforms Inc. and X Corporation from the cybercrime case filed by the Federal Government against activist and former presidential candidate Omoyele Sowore. The decision followed an amendment of the original charge by the prosecution, leaving Sowore as the sole defendant in the case. Sowore is accused of […]
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An Abuja Federal High Court has struck out Meta Platforms Inc. and X Corporation from the cybercrime case filed by the Federal Government against activist and former presidential candidate, Omoyele Sowore. The decision followed an application by the prosecution to amend the original charge, leaving Sowore as the sole defendant in the matter. Sowore was […]
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Nigeria has taken another step toward strengthening its digital infrastructure by approving new satellite operating licences for international broadband providers, opening the door to expanded space-based internet services across the country. The Nigerian Communications Commission (NCC) granted seven-year permits to three satellite companies, allowing them to operate commercial satellite communications services. The approvals bring new […]
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Tech Insight- Startup A Nigerian drone manufacturer founded by two young entrepreneurs has attracted $11.8 million in fresh investment, signaling growing international interest in Africa’s emerging defense technology sector and the continent’s role in addressing complex security challenges The funding round was led by a Silicon Valley venture firm established by a co-founder of Palantir […]
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Belgium-based cybersecurity company Aikido Security has crossed the coveted unicorn threshold after securing a significant funding round that places its valuation at $1 billion, marking one of Europe’s earliest new billion-dollar startups this year. The company raised $60 million in fresh capital from a group of investors led by a technology-focused private equity firm known […]
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A high-profile acquisition by Meta has reignited debate about the future shape of the global artificial intelligence industry, challenging assumptions that geopolitical rivalry will inevitably fragment technology development. The deal involved Manus, an AI startup founded by Chinese engineers and later headquartered in Singapore, reportedly valued at more than $2 billion. Manus specializes in agentic […]
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OpenAI has made a major push into the fast-emerging brain-computer interface space with a strategic investment in Merge Labs, a neurotechnology startup cofounded by OpenAI chief executive Sam Altman. The company has emerged from stealth with $252 million in funding, positioning itself as a new contender in the race to connect the human brain directly […]
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