Technology

Venture capital slump leads Nigerian startups to borrowing for survival

Venture capital slump leads Nigerian startups to borrowing for survival

By Juliet Umeh As venture capital funding across Africa remains low, Nigerian startups are now turning to borrowing to stay afloat and support growth in a tighter investment environment. Latest data from Africa: The Big Deal shows that startups across the continent raised $135 million in May 2026 through 37 deals, an improvement from April’s […]
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PalmPay pushes for gender inclusion in fintech with Purple Woman initiative

PalmPay pushes for gender inclusion in fintech with Purple Woman initiative

By Juliet Umeh In a renewed effort to bridge the gender gap in Nigeria’s financial technology sector, digital payment platform, PalmPay, has reinforced its commitment to women empowerment with the expansion of its Purple Woman initiative. The programme, now in its third year, is designed to nurture, mentor and equip young women with the skills […]

How policy hurdles threaten Nigeria’s digital economy

How policy hurdles threaten Nigeria’s digital economy

… Sector’s growth hinges on decisive government intervention — RudmanBy Juliet Umeh Industry stakeholders have warned that inconsistent policies, regulatory bottlenecks, and multiple taxation are slowing growth in Nigeria’s digital infrastructure sector. Experts say decisive government action is critical to unlocking the country’s full potential as a leading digital economy in Africa. The concerns were […]

Deepfakes in trouble

Deepfakes in trouble

Artificial Intelligence, AI has enhanced the practice of many careers. From technology to medicine, agriculture to banking, application of AI is creating wonders.

Afrobeats streams jump 5,022%

Afrobeats streams jump 5,022%

Global audio streaming platform Spotify used the celebration of its five years of operations in Nigeria, to unveil a new data highlighting explosive rise in the way people listen to Nigerian sounds.