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Nigerian Fintech Paystack Raises $1.3M Seed Investment from Tencent, Singularity Inv., Others

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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.

The Top 10 Universities for Computer Science / Coding in Nigeria

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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

Best Business Schools and MBA Programs in Nigeria

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Universities in the Business Schools and MBA Programs category, such as University of Lagos and ABU Zaria, offer a full range of undergraduate majors, plus master’s and doctoral programs. These colleges also are committed to producing groundbreaking business research besides educating students on business management and methods.

Methodology: Please refer to the explanation of Tekedia Intelligence methodology to understand the processes behind our ranking results.

Ranking of Business Schools and MBA 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 Business Schools and MBA Programs in Nigeria:

1. Pan-Atlantic University (Lagos Business School)

2. University of Lagos

3. University of Port Harcuort

4. Ahmadu Bello University

4. University of Calabar

6. University of Ilorin, Unilorin

7. University of Nigeria,Nsukka

8. University of Ibadan

9. University of Jos

10. University of Maiduguri

Top Ten Technology Universities Ranking in Nigeria

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Universities in the Technical Universities category, such as Federal University of Technology Owerri and Rivers State University of Science and Technology, Port Harcourt, offer a full range of undergraduate majors, plus master’s and doctoral programs in technology, engineering and sciences. These universities also are committed to producing groundbreaking research within the Nigerian academic nexus with particular focus in technical disciplines.

Methodology: Please refer to the explanation of Tekedia Intelligence methodology to understand the processes behind our ranking results.

Ranking of Technical Universities in Nigeria

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

1. Federal University of Technology, Owerri

2. Federal University of Technology, Akure

3. Enugu State University of Science and Technology

3. Ladoke Akintola University of Technology

4. Modibbo Adama University of Technology

6. Federal University of Technology, Minna

7. Rivers State University of Science and Technology

8. Abubakar Tafawa Balewa University,

9. Bells University of Technology

10. African University of Science and Technology

 

Top Ten National Universities Ranking in Nigeria

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Universities in the National Universities category, such as University of Nigeria Nsukka and University of Ibadan, offer a full range of undergraduate majors, plus master’s and doctoral programs. These colleges also are committed to producing groundbreaking research within the Nigerian academic nexus.

Methodology: Please refer to the explanation of Tekedia Intelligence methodology to understand the processes behind our ranking results.

Ranking of National Universities in Nigeria

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

  1. University of Ibadan

  1. University of Lagos

  2. Obafemi Awolowo University, OAU

  3. University of Nigeria, UNN

  4. University of Ilorin, Unilorin

  5. University of Benin, Uniben

  6. Ahmadu Bello University

8. Covenant University, CU

  1. University of Jos, Unijos

  2. University of Maiduguri

 

Comment: The University of Ibadan (UI) is one of the most prestigious universities in Nigeria. It is also the oldest.  Relatively, it is a pre-eminent citadel of learning which has maintained its quality over decades. In the age of proliferation of universities in Nigeria, UI is an undisputed member of the Tier-1 league and our metrics across many indicators show that UI is still a national academic infrastructure of pride.