Tech

One of Nigeria’s leading fintech companies, OPay, has warned its customers against trading in cryptocurrency or any virtual currency on its app. The company, in a notice issued on Friday, said it would block any account found engaging in such trading and also forward the details of the account owner …

Renda, a Nigerian logistics startup that counts Jumia and MarketForce as top clients, has raised $1.9 million in pre-seed funding as interest in Africa’s logistics sector continues to grow. The funding was a mix of debt ($600,000) and equity ($1.3 million). The logistics startup, which operates in 15 Nigerian cities, …

The pan-African telecom company, MTN Group, and Huawei Technologies have collaborated to build a technology innovation lab aimed at accelerating digital transformation and sustainable development across Africa. According to a statement released by MTN on Wednesday, the lab sited at the company’s headquarters in South Africa is poised to be …

Meta’s family of apps including Facebook and Instagram were experiencing widespread technical problems Tuesday, with thousands of users logging errors in accessing the social media services. Users reported problems including being logged out of Facebook — and when they attempted to log back in, saw an error message such as, …

The Federal Government has announced the landing of the 2Africa Submarine Cable in Qua Iboe, Akwa Ibom. Minister of Communications, Innovation and Digital Economy, ‘Bosun Tijani, said the cable landed in the South-South state on Tuesday. “This is a significant milestone that has been delivered with the support of President …

The 2Africa undersea cable by Facebook’s parent company is expected to land in Nigeria by February this year. The US Secretary of State, Anthony Blinken, confirmed this in Lagos during the opening of the new American Corner in Lekki, Lagos. Blinken identified the cable project as one of the many …

Around 77,000 U.S. users of the social media network X, formerly known as Twitter, experienced problems during the peak of the outage, which was resolved early on Thursday. Users of X and X Pro, formerly known as TweetDeck, reported difficulties accessing the service from Canada, the United Kingdom, France, and …

The Nigeria Interbank Settlement System Plc (NIBSS) has issued a circular instructing banks in the country to remove all financial institutions who do not accept deposits from their NIP fund transfer routes. Super agents, payment solution service providers, and switching firms are examples of non-deposit-taking financial institutions. The NIP fund …

The Redington-powered iConnect, Slot, Glo World, Casper Gadgets, SPAR, Reena’s, Royalline, Doe Resources, Pointek, Finet, Kolia Angels, iMate, and Rewjido now offer the impressive new 48MP Main camera with a new 2x Telephoto option on the iPhone 15 and iPhone 15 Plus. The iPhone 15 Pro and iPhone 15 Pro …

Reports indicate that on December 7, 2023, Bolt Food will exit the Nigerian market. “At this time, we have made the difficult decision to discontinue our food delivery operations in Nigeria due to business reasons,” the company said in a statement. “The decision to exit this market is necessary to …