Technology & Business

Google co-founders Larry Page and Sergey Brin are stepping down from their roles at the helm of parent firm Alphabet and handing the reins to current Google CEO Sundar Pichai, the company said Tuesday. Pichai will take over ...

Financial Technology (Fintechs) companies in Nigeria have so far attracted over $400 million investment in 2019 reflecting increased confidence in the burgeoning segment of the financial system. Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele disclosed this ...

PayPal announced today it has agreed to acquire Honey  Science Corporation, the makers of a deal-finding browser add-on and mobile application, for $4 billion, mostly cash. The acquisition, which is PayPal’s largest to date, will give the payments giant ...

Nigerian, Mr Kenneth Obiajulu-Okonkwo, and five other Africans have been selected among 10 startups by the Dubai Chamber of Commerce and Industry. Obiajulu-Okonkwo, who is the co-Founder and Managing Director of FarmCrowdy Nigeria, prior to their selection, participated ...

The launch of Verve Global Card in Dubai, marks Verve’s entrance into the United Arab Emirates (UAE) Verve Global customers can already transact in 185 countries globally Verve, a leading payments technology and card business in Africa, held ...

Amazon.com Inc on Thursday said it is contesting the Pentagon’s award of an up to $10 billion cloud computing deal to Microsoft Corp, expressing concern that politics got in the way of a fair contracting process. The company filed ...

Visa to acquire a significant minority equity stake in Interswitch Partnership expected to expand the digital payments ecosystem across Africa, the world’s most underpenetrated market Interswitch and Visa share a vision to drive financial inclusion across the African ...

Okonjo-Iweala: Technology can boost job creation The Co-founder and Chief Executive of Twitter Inc., Mr. Jack Dorsey, yesterday said the company was willing to partner young Nigerian entrepreneurs and engineers towards empowering them to take advantage of its ...

The Co-founder and Chief Executive Officer of Twitter, Jack Dorsey visited the popular Information Technology Co-Creation Hub (CcHub) in Yaba, Lagos, yesterday morning, as part of his tour of four African countries- Nigeria, Ghana, Ethiopia, and South Africa. ...

Interswitch Limited, a leading technology-driven company focused on the digitization of payments in Nigeria and other African countries is pleased to announce the acquisition of eClat Healthcare Limited, a Nigeria-based health technology company that aims to improve healthcare ...

If Amazon.com decides to fight the Pentagon’s decision to award a highly contested $10 billion cloud computing contract to Microsoft, it could act as early as next week. A challenge to the Defense Department’s award announced Friday is ...

Celebrates Partnership with GhIPSS Verve, a leading payments technology and card business in Africa, has partnered with the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) to launch acceptance in Ghana. This initiative by Verve international also signals ...

Jeff Bezos, the founder of Amazon, US multinational technology company, has reclaimed his spot as the world’s richest man after losing the position for a few hours to Bill Gates, the Microsoft co-founder. According to Forbes, Gates had temporarily ...

The Pentagon has awarded a $10bn (£8bn) cloud-computing contract to Microsoft, following a heavily scrutinised bidding process in which Amazon had been seen as the favourite. The 10-year contract for the Joint Enterprise Defence Infrastructure, or Jedi, is ...

Following the registration of a N30 billion debt issuance programme (the “Programme”) with the Securities and Exchange Commission of Nigeria (“SEC”), Interswitch Limited (the “Sponsor” or “Interswitch”), a leading technology-driven company focused on the digitisation of payments in ...

Lidya plans to disburse €1 billion ($1.1 billion) loan to SMEs in both countries over the next five years. Tomasz Sekalski, the former CEO of Idea Money, will lead Lidya in Poland, and Libor Vanicek, the former Head ...

Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from U.S. regulators and politicians. The Libra Association, the nonprofit that will ...

The chief executive officer of Jumia Nigeria, Juliet Anammah has identified access to quality education as a key to managing huge population for productive economy. According to her, there is a need for policies that support micro industries ...

Facebook’s embattled Libra project suffered a major blow on Friday as four payment processors—Stripe, Visa, Mastercard, and Mercado Pago—withdrew from participation in the Libra Association, the Geneva-based group Facebook created to develop the virtual currency. eBay also announced ...

The Federal Government of Nigeria at the ongoing 39th Gulf Information Technology Exhibition (GITEX) has invited investors to leverage on the potential of Nigeria to do businesses for the boosting of its digital economy. Dr Isa Pantami, the ...