30 results
- 24 Aug 2021
Plentywaka, Nigerian mobility startup Raises $1.2m Seed Funding, Acquires Ghana’s Stabus
Plentywaka, a Nigerian mobility startup has raised a $1.2 million seed round, after successfully ending the Techstars Toronto Accelerator Program in July 2021. L-R: CMO Stabus, Nicholas Boampong,…
- 10 Oct 2013
2 Nigerian Startups Make Final List of VentureOut Mobile App Competition
Nearest Locator and Prowork, two Nigerian startups are among 13 finalists selected for the VentureOut Challenge—an initiative of infoDev and CRDF Global with support from Co-creation Hub Nigeria. The…
- 8 Nov 2022
Improving the Startup Environment with Nigerian Startup Act
By Lere Ojedokun On October 19, 2022, the Nigerian technology and innovation space, and in particular the tech-enabled startup ecosystem received a major boost when President Muhammadu Buhari signed…
- 24 May 2017
Google Invests in Delivery Science, Three Other Nigerian Startups
Google has invested on four Nigerian startups through its ‘Launchpad Accelerator’ programme. The four startups include Delivery Science, led by a team of indigenous technology entrepreneurs and…
- 10 Feb 2023
Two Nigerian Startups Win $300,000 At LEAP’s Rocket Fuel Pitch Competition in Riyadh
It was a proud moment of excitement for the Nigerian delegation, led by Professor Isa Ali Ibrahim (Pantami), Minister of Communications and Digital Economy, accompanied by Director General of NITDA,…
- 10 Mar 2021
Nigerian Payments Startup Flutterwave Raises $170m, Now Valued at Over $1Bn
Flutterwave, Nigerian payments startup has closed a $170m Series C funding round, the largest amount ever secured by an African tech startup and one that gives it “unicorn” status with a value of…
- 20 Dec 2016
Paystack, Nigerian Startup Raises $1.3m
Paystack, one of Nigeria’s most hotly anticipated tech start-ups, has just secured $1.3m seed investment from both international and homegrown investors, according to Forbes. This is coming after…
- 11 Oct 2021
Mono, Nigerian Fintech Startup Secures $15m Series A
Mono, Nigeria's tech-driven fintech startup, has closed a $15,000,000 Series A funding round led by Tiger Global. Target Global, General Catalyst and SBI Investment are new investors who joined in…
- 1 Mar 2019
OyaPay Closes Shop over Investor Dispute
OyaPay, a Nigerian mobile-based point-of-sale startup, has shut down after a year in business thanks to a funding dispute with one of the founder's family members, according to Techpoint Africa.…
- 19 May 2016
BeepTool Launches New App for Communications
A new communication app that enables video conferencing, talk, text and file sharing on an array of devices has hit the Nigerian telecommunications market. The Nigerian startup BeepTool is surpassing…
- 14 May 2026
Cross-Border Payments Startup Chimoney Closes Shop After 4 Years
Nigerian-Canadian fintech startup, Chimoney, has announced plans to shut down operations after four years of building a unified API for cross-border payments across 41 currencies. Founder and Chief…
- 17 Jan 2022
Nigeria Startups Raise $2.5Bn in Funding in 5 Years
Startups in Nigeria have raised about $2.5 billion in the last five years, representing aggregate funding, which startups received between 2017 and last year. For instance last year, startups…
- 10 Jul 2016
Troyka, Hotsauce Task Techpreneurs on Global Competitiveness
Troyka Group and the partner Hotsauce have urged startups in the country, especially, those in the technology space, to sharpen their skill sets for global competitiveness. The duo made their…
- 11 Nov 2014
Gamsole Launches Competition for New Talent
Gamsole, award-winning Nigerian mobile games company, has launched a new competition offering US$4,000 in prizes and career opportunities for five talented illustrators. Founded by Abiola Olaniran,…
- 26 Nov 2015
5 Reasons Developing World Offer Increasing Opportunities for Startups
Did you know that more than half the world’s middle class will be in Asia by 2020? It is expected that by this time, Asian customers will account for more than 40 percent of global middle class…
- 27 Mar 2024
StarNews, Global Black Economic Forum Launch Business Competition In Partnership with MTN & USAID
Africa’s leading video streaming platform, StarNews Mobile and the Global Black Economic Forum (GBEF), have announced a call for applications for the launch of their Business Competition in Lagos,…
- 14 Dec 2014
Experts Seek End to ‘Killers’ of IT Innovations In Nigeria
Technology experts have identified three hurdles before startups, especially in the Nigerian Information Technology (IT) space including lack of access to finance; the right platform or…
- 21 Mar 2017
Zoto Hits 1m Users, Celebrates with Free Airtime
Zoto, Nigeria's fastest growing mobile payment startup is giving out free credit to new and existing users as it reaches the big milestone of 1 million users. The mobile app was also trending as No.1…
- 15 May 2024
Edenlife Opens the first Homemade Outlet Store in Oniru, to open 49 more Across the Country
Homemade by Eden, the food retail business of Nigerian home concierge startup, Edenlife has marked a significant step towards National expansion with the launch of its first Outlet store in Oniru,…
- 21 Aug 2017
#StartUPNaija: Pantami Says Nigeria Closer to Having Own 'Zuckerberg'
The Nigerian startup ecosystem, with proper regulations and support, has capacity to become the strong catalytic force for sustainable economic growth across nations, even producing the like of Mark…
- 7 Nov 2021
Payhippo Raises $3m in Seed Funding
Nigerian startup, Payhippo, has raised $3m in seed funding. The company said it was planning to use this funding to source for talents to optimise its technology as it speeds up effort to extend…
- 3 Jul 2025
Moove Plans to Raise $1.2Bn Debt Round for US Autonomous Vehicle Expansion
Moove, an African mobility fintech startup, is on a quest to secure a $1.2 billion debt financing round to support the rollout of a fleet of autonomous vehicles. This is in partnership with Alphabet…
- 13 Mar 2019
Paylater Lending app Eyes Full-Service Digital Bank
Paylater, Nigerian retail lending startup, is working on a plan to transition to a full service digital bank after securing a $5 million debt facility from Nairobi-based Lendable, technology-enabled…
- 26 Sept 2025
Lagos Leads Africa’s Charge into the Digital Future @GITEX 2025
Lagos State has reaffirmed its position as Africa’s leading technology and innovation hub following the successful hosting of the GITEX Nigeria Tech Expo, Future Economy Conference, and Startup…
- 16 Mar 2022
OnePipe, Fidelity Bank Partner to Launch PayGatePlus to Accelerate Online Payments
OnePipe, Nigerian API and embedded finance startup, has partnered with Fidelity Bank, one of Nigeria’s largest banks with an extensive network of branches to launch PayGatePlus, an enhanced version…
- 17 Aug 2019
NCC Tasks Telcos on value Generation, New Services
Prof Umar Danbatta, executive vice chairman, Nigerian Communications Commission (NCC), has urged mobile operators to unlock new services, sources of value generation and revenue streams in their…
- 2 Feb 2014
Nigeria Firm Develops Solutions to Fight Malaria Scourge
Mobile Software Solutions Limited, a local startup company has developed Malaria Destroyer Game (MDG), an application that aims to eradicate malaria in Africa and the world over. The MDG strategy…
- 4 May 2023
Nigeria’s Payment System among Best Globally- eTranzact CEO
Mr Niyi Toluwalope, Chief Executive Officer (CEO) of eTranzact, an electronic and mobile payment solution company, says the Nigerian Payment System is among the best in the world. Toluwalope said…
- 22 Jul 2013
Apple Buys HopStop.com, Nigerian Online Company
Apple has reportedly bought HopStop.com, an “online city transit guide” and mobile application founded in 2005 by Chinedu Echeruo, Nigerian tech entrepreneur. Kristin Huguet, Apple spokeswoman said…
- 9 Apr 2016
SOLO Phones Reiterate Commitment to Customer Centric Services
SOLO phones, a leading global mobile device has underscored its commitment to providing customer centric services and products that meets the yearnings and aspirations of the Nigerian phone…