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Nigerian neobank Kuda eyes world attain with new licenses

Nigerian neobank Kuda eyes world attain with new licenses

Kuda Technologies, the Target Global-backed parent company of Kuda Bank, has secured payment licences in Tanzania and Canada as part of an expansion drive across Africa and the global market. One of those licences will…

OurPass will purchase MFB licence to supply extra banking providers to prospects

OurPass will purchase MFB licence to supply extra banking providers to prospects

OurPass, the e-commerce one-click checkout company that pivoted to business banking in June 2022, will acquire a microfinance banking (MFB) licence from the Central Bank of Nigeria in the coming weeks, allowing the startup to…

Subsequent Wave: The way forward for fintech rules

Subsequent Wave: The way forward for fintech rules

First Published 17 March, 2024 Policy and regulation have the potential to significantly impact the operations and growth of innovative businesses, if applied wrongly. Technological advancements do not have to suffer clampdowns at every turn;…

Blockchain funds startup Zone raises $8.5m in first funding as a standalone enterprise

Blockchain funds startup Zone raises $8.5m in first funding as a standalone enterprise

Zone, a Nigerian blockchain startup that helps banks and fintechs process payments, has raised $8.5 million, its first VC funding since it became a standalone business in 2022. Until 2022, Zone was part of its…

Nigerian companies are compelled to navigate high-flying supply costs

Nigerian companies are compelled to navigate high-flying supply costs

The evening of her traditional wedding, Titilayo, a 27-year-old project manager, received a call to come and pick up a package she had ordered from the delivery station. The package contained her wedding shoes, and…

Breaking: Chipper Money cuts US and UK-based roles after suspending US operations

Breaking: Chipper Money cuts US and UK-based roles after suspending US operations

One week after suspending its services in America, Chipper Cash will eliminate roles based in the UK and US to its other African business regions, according to a company blog post published on Friday. Twenty…

Unique: Wasoko exits Zanzibar, pauses Uganda and Zambia operations in profitability push

Unique: Wasoko exits Zanzibar, pauses Uganda and Zambia operations in profitability push

Wasoko, the Kenyan e-commerce start-up, shut down its Zanzibar office and paused operations in Uganda and Zambia weeks before it finalises a merger with MaxAB. It opened its Zanzibar office in 2022 as part of…

Closing SASSA SRD fee dates and procedures for March 2024

Closing SASSA SRD fee dates and procedures for March 2024

This COVID-19 Social Relief of Distress (SRD) financial support program continues to assist eligible individuals and families facing hardship post-pandemic. Here’s everything you need to know about receiving your SASSA SRD March payment for the…

Showmax can air Thabo Bester documentary, court docket guidelines

Showmax can air Thabo Bester documentary, court docket guidelines

Showmax has been given the green light by the Johannesburg High Court to air the controversial “Tracking Thabo Bester” documentary.  The four-part documentary follows the story of Bester, who was serving a life sentence for…

2024 JAMB UTME, DE new updates & solutions to main questions

2024 JAMB UTME, DE new updates & solutions to main questions

This comprehensive FAQ addresses commonly encountered questions by JAMB UTME and DE candidates. 1. Changing JAMB UTME subject combination Question: Can I change my JAMB UTME subject combination? ANSWER: Yes, for a limited window for…

Headline inflation surges to 31.70% in February regardless of latest charge hike

Headline inflation surges to 31.70% in February regardless of latest charge hike

In February, Nigerian households’ buying power weakened further as consumer prices rose, defying the central bank’s recent jumbo interest rate hike. Headline inflation for February rose to 31.70%, matching audit firm KPMG’s predictions in 2023. …

New replace on easy methods to change 2024 JAMB topic mixture

New replace on easy methods to change 2024 JAMB topic mixture

This is an important announcement for all candidates registered for the 2024 Unified Tertiary Matriculation Examination (UTME). If you accidentally selected the wrong subject combination during JAMB registration, you now have a limited window to…