Fintech
CBN Affirms Both N100 Notes Remain Legal Tender After Rejections
Central Bank of Nigeria issues urgent clarification on July 8 2026 that standard and commemorative N100 banknotes stay valid amid public confusion and rejections.
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Moniepoint MFB Welcomes Real Warri Pikin to Its FamilyNigeria Deploys 101,148 km Fibre Cable with Lagos Abuja Holding 18%CBN Eases PAPSS Rules to Accelerate AfCFTA TradeAderonke Ambali Positions Africa as Global Education ShaperHyperFX Builds Instant FX Settlement on Stablecoin RailsMoniepoint MFB Welcomes Real Warri Pikin to Its FamilyNigeria Deploys 101,148 km Fibre Cable with Lagos Abuja Holding 18%CBN Eases PAPSS Rules to Accelerate AfCFTA TradeAderonke Ambali Positions Africa as Global Education ShaperHyperFX Builds Instant FX Settlement on Stablecoin Rails
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Startup
Emmanuel Jago Steps Down as PalRemit VP of Growth
Emmanuel Jago has announced his departure as PalRemit’s VP of Growth after nearly four years, reflecting on helping the company grow to more than 100,000 users and over $100 million in transactions.
AI & Innovation
Nigeria Named Africa's Top Country for Responsible AI
A new global report names Nigeria a "Bright Spot" for technology, balancing rapid AI development with strict rules to protect children and vulnerable groups.
Startup
Small Fintechs Face CBN Data Stress Test
The CBN's January 2027 data localization deadline is setting up a high-stakes infrastructure stress test for smaller Nigerian fintechs.
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Startup
PawaPay Crosses 3 Billion Mobile Money Transactions
UK-based B2B fintech infrastructure provider PawaPay has crossed a major operational milestone, handling over 3 billion mobile money transactions. Driven by a massive surge in merchant utility, the platform's third billion arrived in under nine months.
Startup
Nurturing Port Harcourt's Next Gen of Tech Kids
While late-stage fintech rounds and global tech giants dominate the headlines, the future of Africa’s digital economy is being built from the ground up. Discover how Port Harcourt’s Young Techies Festival (YTF) has grown from a local meetup into a powerhouse talent pipeline for kids aged 8–17.
Tech News
Microsoft Lays Off 4,800 Employees as Xbox Undergoes Major Restructuring
Microsoft is cutting 4,800 jobs worldwide as it restructures its Xbox gaming division. The move reflects growing pressure to improve profits after years of major investments in gaming.
Funding
Google Play Opens $1 Million Fund to Support African Game Studios
Google Play is investing in Africa's gaming industry through a new $1 million fund designed to help independent studios build bigger games and reach more players around the world. Selected developers will receive funding, mentorship, and technical support without giving up ownership.
ai-innovation
Sam Altman Compares Child Milestone to GPT-5.6 Math Discovery
OpenAI CEO Sam Altman posted July 5 comparing his child's first two-word sentence to GPT-5.6 solving new math problems after the model's June 26 preview.
Tech News
Spiro Raised $270 Million in Just Three Weeks to Power Africa’s Electric Bikes
In less than a month, electric motorcycle startup Spiro raised $270 million. By focusing on battery swapping rather than long charging times, the company is convincing investors that clean transport in Africa is a winning bet.
Insights
WhatsApp Launches Usernames to Hide Phone Number from Strangers
Exchanging phone numbers with people you have just met can feel unsafe. WhatsApp is rolling out a username system, allowing you to hide your digits from strangers, new acquaintances, and large group chats.
Tech News
RSU Launches 11 Digital Platforms to Modernize Campus Operations
Rivers State University launched 11 mobile platforms to digitize campus operations and student services.
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