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Empowerment

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Coursera Honors NITDA for Transforming Nigeria’s Tech Skills Landscape

In a significant milestone for Nigeria’s digital transformation journey, the National Information Technology Development Agency (NITDA) has been honoured with the prestigious Coursera Global Impact Award. This recognition comes in light of NITDA’s remarkable contributions to advancing digital skills across Nigeria through its strategic initiatives, positioning the country as a leader in tech education and […]

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MultiChoice issues gloomy forecast ahead of earnings release

DSTV owner MultiChoice has warned investors to brace themselves ahead of an underwhelming earnings report that will mirror the company’s growth within the next six months. The company informed shareholders that it expects a net loss in the report, which it will publicise on Thursday. MultiChoice is expecting a net loss in its earnings per […]

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Nigerian proptech SmallSmall raises $3M to provide flexible living solutions for customers.

Inefficiencies have marred Nigeria’s rental system for years, thus affecting how landlords and renters transact. Most landlords collect rent one to two years upfront, while renters struggle to find apartments as they deal with uncharitable agents. Several proptech startups are addressing such problems by providing better options to both stakeholders. One such platform is Lagos-based SmallSmall which gives […]

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11-year-old German process mining company, announces a $1 billion raise

Celonis, an 11-year-old German process mining company, announced a $1 billion raise on a $13.2 billion post-money valuation, it was a bit of a shock. After all, VC firms were pulling back from the huge raises and gaudy valuations of yesteryear.But Celonis — which has raised $2.4 billion, per Crunchbase, with $2 billion coming in the last year alone — […]

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Despite a 222% increase in currency availability, the Naira declines on the P2P market to N691 per $1.

At the official foreign exchange market, the naira/dollar exchange rate closed at N429.43/$1. In comparison to the N429.05/$1 exchange rate recorded on Friday, August 19, 2022, the currency rate decreased marginally to close at N429.43/$1, or a 0.09% depreciation. In the meantime, the amount of FX supply increased by 222.3% to $161.94 million from 50.22 […]

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Users of Binance can now deposit and withdraw money using the South African Rand (ZAR).

The South African Rand (ZAR) can now be deposited into and withdrawn from Binance wallets, according to the cryptocurrency exchange that processes the most trades globally, Binance. This, according to Binance, is intended to enhance cryptocurrency adoption and accessibility in the area. According to Binance, the service will be introduced in two stages. Users of […]

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