Flutterwave denies losing N2.9b to hackers

African fintech unicorn Flutterwave has denied losing the sum of  ₦2,949,557,867 to hackers. It was earlier reported on Sunday that hackers stole the sum of ₦2,949,557,867, from the accounts of the company and over 300 customers were affected by the…

Flutterwave CEO, rings NYSE closing bell

Chief Executive Officer of Africa’s leading payment technology company, Flutterwave, Olugbenga Agboola, rang the closing bell for the New York Stock Exchange on Friday in honour of Founders Day, which commemorates the achievements and contributions of African-Americans who are making…

Zenith Tech Fair 2.0 ends with N53m award for hackathon finalists

A whopping N53 million in prize money was won at the end of a keenly contested hackathon session at the second edition of the Zenith Tech Fair, themed “Future Forward 2.0”, which was held on Wednesday, November 23, 2022, at…

Nigeria must embrace grassroots development to attain great heights — Amusan

Women’s 100 metres hurdles world record holder, Tobi Amusan, believes grassroots development programmes and top-notch training will help the country discover more athletics world champions. Speaking in Lagos at a dinner organised in her honour by The Plug, an entertainment…

Flutterwave bags switching, processing license, enables eNaira for businesses

Flutterwave, Africa’s leading payments technology company, yesterday announced that it has been granted a Switching and Processing License by the Central Bank of Nigeria, CBN. The license is widely regarded as CBN’s most valuable payments processing license. With this license,…

*Lagos promotes urban farming to boost food security (Punch)*Nigeria will soon be linked by rail -NRC (Guardian)*Talent City to develop revolutionary tech community in Alaro (Vanguard)

Lagos promotes urban farming to boost food security (Punch) The Lagos State Government, through the Ministry of Agriculture and the Lagos State Agricultural Development Authority, has called on residents to embrace the practice of urban farming as one of the…

FG denies Flutterwave, 9 others tax relief

The federal government has rejected the application of 10 companies seeking pioneer status under the Industrial Development Income Tax Act in Q1 2021. The pioneer status is an incentive offered by the federal government, which exempts companies from paying income…

Lagos car radio licence policy: To be or not to be? * Firm to build Lagos-Abuja 45 minutes rail (Vanguard)

Lagos car radio licence policy: To be or not to be? When Lagos State introduced the car radio licence policy in 2017, conservative estimates put the revenue at 170 million naira. The annual car radio license policy introduced by the…

Iyinoluwa Aboyeji steps down as Flutterwave CEO

Iyinoluwa Aboyeji has resigned his position as chief executive officer of Flutterwave the payments infrastructure company he co-founded in May of 2016. He stepped down from the company connecting Africa to the global economy with digital payments infrastructure that helps…

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