Just a short while after securing the approval of Nigeria’s Apex Bank, Central Bank of Nigeria (CBN), to commence international money transfer in Nigeria; the Nigeria-based fintech company OPay has raised $120 million Series B funding from a group of Chinese investors. Participating in the round include existing investors Meituan-Dianping, Source Code Capital, IDG Capital, Sequoia China and GSR Ventures who funded the company’s $50 million raise in July.
“We have to find the business that is simple, that has impact and that is profitable,” – Jack Ma
Under the direction of Folakunle Oshun, the second edition of the Lagos Biennial (26 October–23 November 2019) includes works by over 40 Lagos-based and international artists, architects, and collectives. Curated by architect Tosin Oshinowo, curator and producer Oyindamola Fakeye, and assistant curator of photography at the Art Institute of Chicago, Antawan I. Byrd, practitioners were invited to respond to Nigeria’s former capital (replaced by Abuja in 1991).
OPay which has been running public bus service — OBus, has reportedly suspended the operations. The limited route service which has been in its beta testing for close to four months, has gained a lot of interests amongst commuters within the city but in the same breathe had peculiar difficulties with competitions within the state.
The Minister of Communications and Digital Economy, Dr Isa Pantami, has ordered the Nigerian Communications Commission (NCC) to immediately ensure that issues regarding automatic voicemails are addressed on all existing phone lines in the country.
Jack Ma, the co-founder and former chairman of Alibaba Group (the renowned e-commerce and tech firm), has arrived in Nigeria for the first Digital Economy Summit holding at the State House, Abuja.
OPay, a provider of payment, ride-hailing, food delivery and loan services have been given approval by Nigeria’s Apex Bank Central Bank of Nigeria (CBN) to commence international money transfer in Nigeria
The company also anounces its brand partnership with Toke Makinwa, a Nigerian author and media personality. Oppo has always pitched itself as a camera-centric brand. Be it for selfies or for other features found in its smartphones’ camera, it’s been all about the ‘sharp’ shooters. Interestingly, the company makes handset for all the three primary […]
Based on a recent report by Sky News, Nigerian pioneer fintech business, Interswitch, is getting an investment of $200m from Visa for a 20% stake in the company.
The launch of its 4G network provides Tizeti the opportunity to drive the growth in demand for eCommerce, music, interactive games and video consumption in Nigeria.