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Kenyan Tech CEO Loses Appeal Against Flutterwave in $900,000 Lawsuit, Awarded $2,500 for Emotional Distress
Fintech News

Kenyan Tech CEO Loses Appeal Against Flutterwave in $900,000 Lawsuit, Awarded $2,500 for Emotional Distress

In a legal battle that has captured the attention of Africa’s tech and fintech industries, Clara Wanjiku Odero, a prominent Kenyan tech founder and CEO of Softbank-backed Credrails, lost her appeal against Flutterwave, one of Africa’s largest Fintech Giants. The case, centered on claims of emotional distress and reputational damage, culminated in a much smaller […]

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China’s Crypto at crossroads: Zhu Guangyao Urge Re-evaluation as the U.S. Leads in Digital Assets
Crypto News

China’s Crypto at crossroads: Zhu Guangyao Urge Re-evaluation as the U.S. Leads in Digital Assets

Cryptocurrencies have become more than just digital coins – they are now integral to the future of the global economy. As the U.S. embraces the crypto revolution, China, once a pioneer in blockchain technology, finds itself at a crossroads. A former senior Ministry of Finance official, Zhu Guangyao, recently voiced a pressing need for China […]

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Nigerian Rail Sector Sees 53.14% Revenue Growth in Q2 2024, Driven by Increased Passenger Traffic
News Sectors

Nigerian Rail Sector Sees 53.14% Revenue Growth in Q2 2024, Driven by Increased Passenger Traffic

 As Nigerians seek more affordable travel options amidst rising airfares, the rail sector recorded a significant increase in revenue for Q2 2024. The sector generated N1.69 billion from passenger transportation, reflecting a 53.14% growth compared to N1.10 billion in the same period last year.  A recent report by the National Bureau of Statistics (NBS) indicates […]

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MEET BOLA ADESOLA AND AISHA MUHAMMED-OYEBODE: TRAILBLAZERS DRIVING CHANGE IN CORPORATE NIGERIA 
Business Exclusive

MEET BOLA ADESOLA AND AISHA MUHAMMED-OYEBODE: TRAILBLAZERS DRIVING CHANGE IN CORPORATE NIGERIA 

The Central Securities Clearing System (CSCS) Plc has recently welcomed two remarkable leaders, Bola Adesola and Aisha Muhammed-Oyebode, to its Board of Directors. Their appointments highlights a significant stride towards gender diversity and enhanced leadership within the Nigerian capital market. Both women bring a wealth of experience, a commitment to excellence, and an unwavering dedication […]

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Tony Elumelu Appointed Chairman of Nigeria's National Disaster Fund
Economy News

Tony Elumelu Appointed Chairman of Nigeria’s National Disaster Fund

In a bold move aimed at enhancing disaster management efforts in Nigeria, President Bola Tinubu has appointed Tony Elumelu, the renowned businessman and Chairman of Heirs Holdings, as the head of the newly established National Disaster Fund. This decision, approved during the Federal Executive Council (FEC) meeting on Monday, signals the government’s commitment to involving […]

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Business Verge| Exclusive: Top Fintech Leader in Zambia, PremierCredit, Unveils Bold Expansion and Rebrands as eShandi Across Africa
Exclusive Fintech

Exclusive: Top Fintech Leader in Zambia, PremierCredit, Unveils Bold Expansion and Rebrands as eShandi Across Africa

In a significant development within the African fintech space, PremierCredit, the pioneering financial services provider, has announced its expansion into four new markets and an exciting rebrand to eShandi. This exclusive news shared with Business Verge, marks a transformative moment for the company as it continues to revolutionise the way financial services are delivered across […]

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Business Verge| Seyi Makinde Flags Off N41 Billion Upgrade of Samuel Ladoke Akintola Airport in Ibadan
Aviation News

Seyi Makinde Flags Off N41 Billion Upgrade of Samuel Ladoke Akintola Airport in Ibadan

Oyo State Governor, Seyi Makinde, has officially commenced the N41 billion upgrade of the Samuel Ladoke Akintola (SLA) Airport in Ibadan, a project designed to position the state as a regional business hub. The project’s groundbreaking ceremony took place on September 18, 2024, at the airport premises, with Governor Makinde joined by Osun State Governor, […]

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Business Verge| Airbus Appoints Gabriel Semelas as President for Africa and Middle East, Effective 2025
Aviation News

Airbus Appoints Gabriel Semelas as President for Africa and Middle East, Effective 2025

Airbus has announced Gabriel Semelas as the new President for its Africa and Middle East operations, effective January 1, 2025. With over 24 years of experience in the aeronautical industry, Semelas steps into this role from his position as Chief Commercial and Financial Officer at Eurofighter Jagdflugzeug GmbH in Germany. Prior to that, he was […]

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FG Unveils $100bn Creative Economy Growth Plan, Targets 2 Million Jobs
Economy News

FG Unveils $100bn Creative Economy Growth Plan, Targets 2 Million Jobs

The Federal Government of Nigeria has introduced an ambitious eight-point plan aimed at generating $100 billion annually and creating over two million jobs from the country’s creative economy. This initiative was launched by the Minister of Art, Culture, and the Creative Economy, Hannatu Musa Musawa, during a roundtable meeting with local and international investors held […]

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Telecom Operators Begin Disconnecting Mobile Lines Not Linked to NINs After Deadline
Economy News Telecom

Telecom Operators Begin Disconnecting Mobile Lines Not Linked to NINs After Deadline

Telecommunications operators in Nigeria have started disconnecting mobile phone lines that are not linked to National Identification Numbers (NINs), following the expiration of the Nigerian Communications Commission’s (NCC) deadline on September 14. This development comes after several previous extensions were granted to allow subscribers more time to complete the NIN-SIM linkage. In a statement released […]

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