Zinox denies paying $10m for Konga, clarifies merger plans

Three months and 14 days ago, three keywords were trending on social media across Nigeria, they were: Zinox, Konga and Yudala. Nigerian online shoppers and several other Nigerians online were curious to know how the news of the decision of the management of ecommerce powerhouse, Konga.com, to accept the offer made by Zinox Technologies to…… Read more Zinox denies paying $10m for Konga, clarifies merger plans

Globacom clarifies controversial appointment termination exercise

Telecoms giant, Globacom, has described the viral news that it sacked female employees due to their gender and marital status as fake. According to the operator, the widely circulating document was forged, adding that it did not issue the letter to anyone. It however acknowledged that it had terminated the appointment of several employees in…… Read more Globacom clarifies controversial appointment termination exercise

Spotify chose South Africa over Nigeria for Africa debut. Here’s why

South Africa has become the first African country where Spotify’s music streaming service has become available. The company has launched its premium offering in the country which is available for R59.99. In addition to South Africa, Spotify is also launching in Israel even as it prepares for an IPO. For Nigeria and other parts of… Read more Spotify chose South Africa over Nigeria for Africa debut. Here’s why

Former Efritin MD to head Truecaller’s African operations

Zakaria Hersi, the former Managing Director of Efritin has been appointed by Truecaller as its Director of Partnerships for Africa. According to the company, Hersi will be operating from Truecaller’s African headquarters in Nairobi Kenya, The company revealed that Zakaria will be leading Truecaller’s expansion in the region where he… Read full story here

More Nigerians prefer daily subscription package – StarTimes

Digital pay TV in Nigeria has been the subject of debate in recent years as more subscribers had demanded for options that allow them to pay per day even though Multichoice Nigeria, operators of DSTV and GOTV, had said they have no plans to introduce daily subscription packages. But, recently, this offering was introduced by… Read more More Nigerians prefer daily subscription package – StarTimes

Nigeria records over 85% rise in PoS transactions

The Nigerian Inter-Bank Settlement System has revealed that in 2017, N1.41 trillion worth of transactions were carried out via Point of Sales terminals across the country. It revealed that there are 155,462 active terminals across the country and are being offered by mobile money merchants. This was the highest value since the introduction of… Read full… Read more Nigeria records over 85% rise in PoS transactions

New court judgement set to complicate 9mobile sale

In its judgement, the Federal High Court at Ikoyi, Lagos state, has granted the request of Spectrum Wireless Communications Ltd seeking the cancelation of the current board of directors by interim of 9mobile. In a statement, Spectrum Wireless Communications’ lawyers warned all institutions or companies engaged in commercial transactions for… Read full story here

Flutterwave launches Lagos-based internship programme

FinTech innovation company Flutterwave has announced a 3-month internship programme that will provide participants with the opportunity to put classroom learning to work, gain real-world experience and build lifelong skills. “Through a combination of practical on-the-job learning, formal training activities and one-to-one mentorship, you’ll… Read full story here

Nigeria’s first commodity trading marketplace OyaOya.com goes live

A commodity trading marketplace has gone live, it is on www.oyaoya.com and it aims to connect the commodity ecosystem across Nigeria and Africa. The OyaOya platform is a marketplace for vendors to present their products, allows customers to select a product, commodity transporters and an escrow payment system for secure transactions. Chief… Read full story… Read more Nigeria’s first commodity trading marketplace OyaOya.com goes live