BREAKING: Y COMBINATOR’S LATEST AFRICAN SELECTION IS MIDEN, A NIGERIAN API-FINTECH STARTUP

Miden, a Nigerian startup enabling businesses to issue virtual cards to customers through its API, secures a spot in Y Combinator’s winter 2024 batch. Following Cleva, a cross-border payment service, Miden becomes the latest Nigerian startup to join this year’s winter cohort. Launched in 2022, Miden addresses operational challenges faced by businesses dealing with traditional […]

1 min read

AS NIGERIAN STOCK MARKET BOOMS, ABSENCE OF SEC BOARD CASTS SHADOW OVER RALLY

While Nigeria’s stock market continues to gain global recognition, its regulator, the SEC, operates without oversight. In January, NGX, Nigeria’s stock market, claimed the title of the world’s best-performing stock market. However, amid this impressive performance, a crucial element is missing: the board of the Securities and Exchange Commission (SEC). Despite being responsible for overseeing […]

1 min read

PUBLISEER EMBARKS ON APPLE BOOKS DIGITAL NARRATION INITIATIVE FOR AFRICAN AUTHORS

Apple Books Digital Narration marks a recent innovation by Apple, enabling authors to effortlessly transform their existing ebooks into audiobooks using advanced text-to-speech technology. The voices employed in this feature are crafted to sound natural and are based on human narrators. This development significantly lowers the cost and enhances the accessibility of audiobook creation. Authors […]

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TRANSFORMING AGRICULTURE THROUGH AGRISAT

Agrisat stands as a beacon, striving to herald a new era of intelligent agriculture. With a primary focus on pioneering agricultural innovations, Agrisat unveils its multifaceted strategy to revolutionize the agricultural sector in Nigeria. At the core of Agrisat’s mission lies the modernization of agricultural education. Through inventive teaching and learning methodologies, the project aims […]

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JOERON MERCHANT NETWORK AND THE ENHANCEMENT OF INDIGENOUS TASTES IN ENUGU STATE

The localization of food delivery in Nigeria transcends mere meal delivery; it embodies the essence of community connection, empowerment of local vendors, and an elevated culinary journey. Zeroing in on student communities and innovative platforms like Joeron, the landscape of food delivery in Nigeria is poised for an exciting and delectable transformation. In the bustling […]

3 mins read

LIENSY ROBOTIC AND THE ROBOTICS REVOLUTION IN NIGERIA(Writer: Joel Nwankwo)

In Nigeria’s dynamic technological landscape, the field of robotics has often been overlooked, facing challenges that hinder the potential growth of this innovative sector. However, amidst these hurdles, Liensy emerges as a beacon of hope, spearheading the development of robotic navigation solutions and playing a pivotal role in transforming the robotics landscape in Nigeria, particularly […]

3 mins read

AIRTEL AFRICA REPORTS A 99% DECLINE IN PROFITS DUE TO CURRENCY DEVALUATION IN NIGERIA AND MALAWI

Airtel Africa, a telecommunications company operating in 14 African countries, faced a significant challenge last year with a 99% decline in profits due to currency devaluation in key markets such as Nigeria, Malawi, Zambia, and Kenya. Currency devaluations in Nigeria’s Naira and Malawian Kwacha squeezed Airtel Africa’s margins, resulting in profits of $2 million for […]

2 mins read

SHOWMAX IS REVAMPING ITS STRATEGY WITH A MOBILE-FIRST APPROACH AND A PREMIER LEAGUE PLAN PRICED AT ₦2,900

Showmax, the streaming video-on-demand service under MultiChoice, is gearing up for the February relaunch of its platform with a focus on affordable pricing and mobile accessibility. During a press event in Lagos, the company unveiled its new app, brand identity, and subscription tiers. Showmax’s three subscription options include Entertainment, Premier League, and a bundle of […]

1 min read

CANAL+ EYES MULTICHOICE FOR $1.6B (Victoria Fakiya)

French media company Canal+ is contemplating a R31.7 billion ($1.6 billion) acquisition of MultiChoice, a South African media company. Canal+ is offering R105 ($5.6) per share, a 40% premium over MultiChoice’s recent closing share price. Notably, Canal+ already owns 31.7% of MultiChoice, despite regulatory challenges to foreign ownership in South Africa. Comcast, the parent company […]

1 min read