Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • Mastercard bets on stablecoin with $1.8B BVN acquisition.

    Mastercard has announced plans to acquire BVN, a fast-growing crypto payments infrastructure provider, in a deal valued at $1.8 billion. The acquisition signals Mastercard’s deepening commitment to stablecoin-powered payments and its broader strategy to bridge traditional finance with digital assets. BVNK, headquartered in London, specializes in enabling businesses to send, receive, and store stablecoins alongside…

  • Transactworld unveils 24/7 settlement rail to solve liquidity delays

    Transactworld Digital has unveiled Transactpay Ultra, a new payment infrastructure designed to deliver 24/7 automated settlements, marking a significant step forward for Nigeria’s financial ecosystem. The solution aims to eliminate the long-standing “holiday liquidity crisis,” a challenge that has repeatedly disrupted businesses and financial institutions during weekends and public holidays. In Nigeria’s current payment landscape,…

  • A failed ticket purchase inspires a new startup idea

    For many people, a failed online transaction is nothing more than a minor inconvenience. But for one entrepreneur, a frustrating attempt to buy a movie ticket became the foundation for a promising startup idea. It started on a busy Friday evening. Eager to catch a newly released blockbuster, the founder turned to an online ticketing…

  • YouTube and Meta ruled responsible for creating addictive products

    In a landmark verdict, a jury has found tech giants YouTube and Meta guilty of designing products that intentionally promote addictive behavior among users. The decision marks a significant moment in the global conversation around social media, user safety, and corporate responsibility. The trial focused on evidence suggesting that both companies engineered their platforms to…

  • Flutterwave CEO joins Nigerian leaders in London to attract UK investment

    The CEO of Flutterwave, Africa’s leading payments technology company, recently joined prominent Nigerian business figures, including Tony Elumelu and Jim Ovia, at a high-profile investment forum in London. The gathering aimed to position Nigeria as a key gateway for British investors looking to tap into Africa’s growing digital economy and vibrant business landscape. The forum,…

  • OPay opens Jos office to boost financial inclusion

    OPay, one of Nigeria’s leading digital financial services platforms, has officially opened a new office in Jos, Plateau State, signaling its commitment to expanding financial inclusion and enhancing customer service across the country. The move is part of the company’s broader strategy to deepen its reach beyond Nigeria’s major urban centers and bring accessible digital…