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Nigerian payments startup Flutterwave raises $170m, now valued at over $1bn

Punch Newspapers Sections We may consider possible dual listing in New York, Nigeria –CEO Olugbenga Agboola Nigerian payments startup, Flutterwave, 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 over $1bn. As reported variously by online platforms, including Tech Crunch and Disrupt Africa, Flutterwave is one of several fintech groups aiming to facilitate and capitalise on a boomin...
New York United States South Africa San Francisco Olugbenga Agboola Tech Crunch

Insecurity: Buhari deploys 6,000 troops in Zamfara

Punch Newspapers Sections Segun Adewole The President, Major General Muhammadu Buhari (retd.), has deployed 6,000 troops in Zamfara State to complement the efforts of the current security forces in the state. This was disclosed by the governor of the state, Bello Matawalle, who also revealed that the movement of motorcycles in large numbers has been banned in the state. Matawalle who shared on Twitter also warned that any politician that incites violence and endangers the security of the state...
Zamfara State United Kingdom Muhammadu Buhari Segun Adewole Bello Matawalle National Assembly

Constitution amendment: Senate pledges gender parity provisions

Punch Newspapers Sections Sunday Aborisade, Abuja The National Assembly has expressed its readiness to amend the Constitution to ensure gender parity and enact laws to improve the fortunes of women and girls in Nigeria. This was just as the Senate resolved to expunge provisions of the law as contained in the Police Act, Federal Character Law, Electoral Act, Labour Act, Political Parties Constitutions, which infringes on the rights of women in Nigeria. The decision was conveyed amidst resolution...
United States Abuja Federal Capital Territory Nigeria General Ahmad Lawan Stella Oduah Anambra Ladi Dadut

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WEF names Nigeria's Obi Ozor Young Global Leader 2021 – Punch Newspapers

Punch Newspapers Sections Published 10 March 2021 The World Economic Forum has named Founder and Chief Executive Officer of Kobo360 Nigeria, Obi Ozor, one of the 112 Young Global Leaders, class of 2021. The Young Global Leaders award is an accelerator programme of the World Economic Forum “for a dynamic community of exceptional people with the vision, courage, and influence to drive positive change in the world.” In announcing the 112 new entrants into the programme on Wednesday, WEF states...
United States Sarah Shakour Wharton School Of Business Forum Foundations Forum Of Young Global Leaders World Economic Forum

Buhari approves paternity leave for NITDA staff

Punch Newspapers Sections Temiloluwa O’Peters The Federal Government has approved paternity and compassionate leave, among others, for the staff of the National Information Technology Development Agency. This was disclosed by the Minister of Communications and Digital Economy, Dr Isa Pantami, at the unveiling and presentation of the NITDA’s Employee-Centric Condition and Scheme of Service in Abuja on Tuesday. In his address as the chief convener and host, the minister appreciated the Presid...
Abuja Federal Capital Territory Temiloluwa Opeters Muhammadu Buhari Isa Pantami National Information Technology Development Agency Scheme Of Service

Minimum wage: Protesting labour unions block Lagos gov's office entrance – Punch Newspapers

Punch Newspapers Sections Sodiq Oyeleke Workers under the aegis of the Nigerian Labour Congress and Trade Union Congress on Wednesday protested against plans to remove minimum wage from exclusive list. The proteating workers took their agitations to the Office of the Lagos State Governor, Babajide Sanwo-Olu. They blocked the entrance to the governor’s office, halting activities at the seat of power in Lagos. Due to the demonstration, there is gridlock around Alausa Secretariat, Ikeja, Allen J...
Lagos State Nigeria General Sodiq Oyeleke Babajide Sanwo Olu Nigerian Labour Congress Union Congress On

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