Samuel Nwite
AUTHOR: Samuel Nwite
WeLab, Hong Kong-Based Fintech, Raises $240m, Acquires A Commercial Bank
WeLab, a Hong Kong-based fintech company, announced Tuesday that it has acquired Bank Jasa Jakarta (BJJ), an Indonesian commercial bank after raising $240 million.
The...
Revenue Shortfalls: Nigeria Unable to Pay Police, Workers’ Salaries
Nigeria’s revenue shortfalls are beginning to hit home with brute spikes. The federal government has issued warning to ministries, departments, and agencies advising them...
Flutterwave’s E-commerce, Flutterwave Market, A New Bait for Investors
Since attaining unicorn status in March, Nigerian fintech startup, Flutterwave, has through partnership and acquisition, onboarded other businesses - expanding its services in unified...
UAE Shifts Weekends to Saturday and Sunday
The United Arab Emirates (UAE), in a significant shift from the Gulf tradition, will move its weekend to Saturday and Sunday starting next year,...
World Mobile Launches Balloon Internet in Zanzibar
In January, Google announced it’s winding down Loon, a balloon internet project the tech giant had been working on for years. Loon was designed...