If you think you can compete with Uber, think again. The company has notched yet another quarter of staggering losses.

That’s according to a new story from The Information’s Amir Efrati, who reports that the ride-hailing company lost more than $800 million in the third quarter of this year. Those losses, which follow a reported $1.27 billion in the first half of the year, put Uber on track to lose $2.8 billion in 2016, according to The Information’s calculation.

While the millions in losses look bad on the surface for Uber — which was most recently valued at $68 billion — those losses are growing more slowly than they used to.

These losses and the ability to do them without worries explain why it will be hard for anyone to challenge Uber as it works to dominate African ride-hailing. Simply, Uber can decide to drop $50 million and waste it in Africa just to own the market share. It has shown that it does not care and anyone that wants to challenge it must first go and raise millions of dollars and be ready for battle.

Take note – there is no market share available for ride-hailing in Africa unless you have $100 million in the bank!

Nigerian fintech startup Paystack announces it has closed a Seed Investment of $1.3M from international investors. Tencent, Comcast Ventures and Singularity Investments led the investments with participation from Spark, M&S Partners, Tokyo Founders Fund, Blue Rinc Capital, Pave Investments, KIBS-CFY Partners, Michael Siebel, Justin Kan, Olumide Soyombo, Leonard Stiegeler and a number of angel investors.

The Paystack team will use the USD 1.3M investment to build out its engineering team, grow its sales and marketing operations, to accelerate product development and customer onboarding.

Already, Paystack has partnered with some of Nigeria’s leading Internet companies iROKOtv, Jobberman, Payporte, and Hotels.ng, to facilitate fast, safe payments. The payment platform has also built a strong following amongst Nigeria’s technology community, as over 30 independent developers have built additional plug-ins and tools for Paystack, using the company’s REST APIs and client libraries.

Paystack had already received backing from YCombinator, the venerable Silicon Valley accelerator.

Graduating with a degree in computer science in Nigeria may not necessarily guarantee anything as the country is still in the pre-technology boom atypical with other countries like U.S., UK and Russia where a good Computer Science degree is a path to good life. Nevertheless, with so many universities beefing up their computer science programs, which Nigerian universities are your best bet?

To find, we refer you to Tekedia Intelligence methodology to understand the processes behind our ranking results.

Ranking of Computer Science Programs in Nigeria

So based on the data we have and as we explained in our methodology, here is the ranking of the top ten Computer Science Programs in Nigeria:

1. University of Lagos

1. Covenant University

3. Babcock University

4. Federal University of Technology, Akure (FUTA)

5. Obafemi Awolowo University

6. Federal University of Technology Owerri

7. University of Nigeria Nsukka

8. University of Ilorin

9. University of Ibadan

10. University of Jos

10. Lagos State University