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Sterling Bank has increased salaries for its 3,000+ employees, with entry-level staff now earning ₦528,000 net monthly, up from around ₦320,000. The review—over 35% across several...
Nigeria’s digital payments sector has grown rapidly for years, yet contactless payment—common in markets like Europe and China—remain a rarity. PalmPay, one of Nigeria’s largest fintechs,...
Nairobi County officials have cut fibre optic cables from Kenya Power’s utility poles, disrupting internet services for businesses, schools, and homes as tensions escalate over an...
Ifeoma Nwobu, co-founder and chief operating officer of Sendstack, has left the company, marking another shake-up at the Norrsken-backed logistics startup, which has pivoted twice in...
54 Collective, the venture firm formerly known as Founders Factory Africa, will shut down its venture studio operations in Africa after its partnership with the Mastercard...
A Nigerian court has frozen multiple bank accounts after a Keystone Bank system malfunction artificially inflated account balances, allowing unauthorized withdrawals totaling ₦5.7 billion, according to...
Coinbase, a global crypto giant, has partnered with Onboard Global, a crypto payments platform, to enable Nigerian users to buy and sell cryptocurrencies seamlessly. The partnership...
Amazon Web Services (AWS) will implement a 21% tax on cloud services for customers in Ghana starting March 1, 2025. The tax will drive up operational...
Naspers’ European-listed subsidiary Prosus has agreed to acquire Amsterdam-based Just Eat Takeaway.com for $4.3 billion, a move that strengthens its position in the global food delivery...
Kenyan businesses are struggling with rising taxes, high energy costs, and expensive credit—challenges that CEOs say could stall investment and slow economic recovery in 2025. A...
