Paystack Terminates Fansted: What It Means for African Startups
Paystack has permanently terminated Fansted, citing a “heightened risk profile.” The move highlights the compliance challenges startups face and the importance of provider-agnostic payment systems.
Top 10 Countries by Mobile Time Spent in 2025: Nigeria Joins Global Leaders
Global mobile users spent 5.3 trillion hours on iOS and Android in 2025. India led with 1.23 trillion hours, while Nigeria entered the top 10 with 129 billion hours, driven by social media and AI apps
Flutterwave Partners Turnkey to Launch Stablecoin Wallets for Merchants and Users
Flutterwave has partnered with Turnkey and Nuvion to roll out stablecoin wallets, allowing users to hold and transact USDC and USDT across its payment platform.
GTCO Raises N10bn via Private Placement, Issues 125 Million Shares
GTCO has raised N10 billion through a fully subscribed private placement of 125 million shares at N80 each, following approvals from the CBN and SEC.
Social Media Addiction: Are Facebook, YouTube, and TikTok Really to Blame?
After Snapchat settled a social media addiction lawsuit, questions are rising over whether platforms like Facebook, TikTok, and YouTube should bear sole responsibility for digital addiction among teens.
Andela Acquires Woven to Boost AI-Native Engineering Assessments
Andela has acquired technical assessment firm Woven to strengthen AI-native engineering evaluations as enterprise demand for deployable AI talent accelerates.
EFCC Links Bank, Fintechs to N162bn Crypto Fraud, Recovers Funds for Victims
Nigeria’s anti-graft agency says a commercial bank, fintech firms, and microfinance banks enabled N162 billion cryptocurrency-related fraud due to weak KYC controls during 2024/2025.
