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MTN, Airtel, and Others Now Deduct USSD Charges from Airtime as Banks Clear ₦180 Billion Debt

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Whats Happening? Nigerian telecom operators, including MTN, Airtel, Glo, and 9mobile, have begun migrating banks to a new billing system that deducts USSD (Unstructured Supplementary Service Data) charges directly from customers’ airtime balances instead of their bank accounts. This shift follows the clearance of a longstanding ₦180 billion debt owed by telecom operators for USSD services. Background and Debt Resolution The migration to end-user billing […]

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LemFi Acquires UK Fintech Pillar to Launch Credit Cards for Immigrants

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LemFi, a Nigerian-founded fintech specializing in remittance and financial services for immigrant communities, has acquired Pillar, a UK-based credit fintech focused on improving credit access for immigrants. The acquisition, marks a significant expansion of LemFi’s product offerings beyond cross-border money transfers to include credit cards and specialized credit products tailored for immigrants in the UK and

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How to Extend Your Phone Battery Life in Nigeria: Top Battery Tips for 2025

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Living in Nigeria means your phone isn’t just a gadget—it’s your lifeline to work, family, and the world. Yet keeping your battery alive is a constant challenge due to The Nigeria Power Crisis Reality The first national grid collapse of 2025 occurred on 12 February at 11:34 am, cutting power to millions across key distribution

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How Nigerian States Ranked on the 2025 Global Startup Ecosystem Index by StartupBlink

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Nigeria remains a key player in Africa’s startup landscape, but the 2025 Global Startup Ecosystem Index by StartupBlink reveals important shifts in the rankings of Nigerian states and cities. This year, Nigeria dropped two spots globally, moving from 64th in 2024 to 66th in 2025. Despite this, it maintains a strong position as the 4th-ranked

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PalmPay Eyes $100 Million Series B to Fuel africa, asia expansion.

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What’s Happening? PalmPay, one of Africa’s fastest-growing digital banking platforms, is reportedly preparing to raise between $50 million and $100 million in a Series B funding round. While the exact valuation remains undisclosed, the fintech founded in 2019—is already profitable and has amassed over 35 million users, processing millions of daily transactions. The fresh capital

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Blockchain.com Accelerates Africa Expansion, plans to Open office in NIGERIA.

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What’s Happening? Blockchain.com, a leading UK-based cryptocurrency platform, is launching a bold expansion across Africa, with plans to open a physical office in Nigeria in the second quarter of 2025, alongside growing its footprint in Ghana, Kenya, and South Africa. This move, highlighted in recent Bloomberg coverage, signals a major commitment to the continent as

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UBA Makes Agent Banking Comeback with 46,000 Upgraded PoS Terminals

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Whats Happening? United Bank for Africa (UBA) Plc is making a strong return to Nigeria’s Point of Sale (PoS) market by rolling out 46,000 upgraded Redpay PoS terminals aimed at reclaiming market share from fintech rivals like Moniepoint, OPay, and PalmPay. Since January 2025, UBA has deployed over 6,000 terminals, with 40,000 more expected soon.

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JAMB Confirms Technical Glitch in 2025 UTME, Reschedule Set for May 16

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JAMB 2025 UTME Technical Glitch Affects Nearly 380,000 Candidates: Full Details and What You Need to Know What Happened?The Joint Admissions and Matriculation Board (JAMB) has officially confirmed a major technical error disrupted the 2025 Unified Tertiary Matriculation Examination (UTME), impacting 379,997 candidates across 157 exam centres in Lagos and the South-East zones of Nigeria.

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PalmPay to Expand into South Africa, Côte d’Ivoire, Uganda and Tanzania

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What’s Happening? Nigerian fintech PalmPay announced plans to expand into South Africa, Côte d’Ivoire, Uganda, and Tanzania by the end of 2025, building on strong momentum from processing over 15 million daily transactions in Nigeria, its home market during Q1 2025. This expansion will increase PalmPay’s footprint to six African countries, following earlier launches in

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Airtel and SpaceX Join Forces to Bring Starlink Satellite Internet to Africa’s rural areas

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What’s Happening? Airtel Africa has partnered with SpaceX to expand Starlink’s high-speed satellite internet services across the continent, targeting rural and underserved regions where traditional mobile networks struggle to provide reliable connectivity. SpaceX has already secured operating licenses in nine of the 14 African countries where Airtel operates, including Nigeria, Kenya, and Zambia, with regulatory

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