1. Nigeria Business News

    Business Paying VAT on online transactions for VATable items is the law — FIRS Chairman – Techpoint.Africa

    A few weeks ago, a report revealing plans by the Federal Inland Revenue Service (FIRS) to begin charging 5% value-added tax (VAT) on online transactions by early 2020, was published by Premium Times.... Read more via Techpoint.Africa – Get more: Nigeria Business News
  2. Nigeria Business News

    Business OPay launches ‘OBus’, a public bus hailing service, in Lagos – Techpoint.Africa

    Opera-backed OPay formally launched OBus, a bus hailing service, in Lagos last Saturday. This is coming barely a week after the introduction of OTrike in Aba. In its plan to become a multi-service commercial internet platform... Read more via Techpoint.Africa – Get...
  3. Nigeria Business News

    Business “Nigerian tech startups can become giants without serving other markets” — Kyane Kassiri, VC at LoftyInc – Techpoint.Africa

    Figures from past editions of Techpoint’s Nigerian Startup Funding Reports have shown that more foreign venture capitalists are participating in the Nigerian startup space than their local counterparts.... Read more via Techpoint.Africa – Get more: Nigeria Business News
  4. Nigeria Business News

    Business Ethiopia is welcoming foreign investors to its budding internet startup space – Techpoint.Africa

    Unlike its neighbouring country of Kenya, the Ethiopian internet startup space is still in its infancy and there are a couple of hurdles, one of which is a form of restriction on foreign investments.... Read more via Techpoint.Africa – Get more: Nigeria Business News
  5. Nigeria Business News

    Business Why Nigerian online freelance marketplaces fail to scale – Techpoint.Africa

    The result of the 2018 Freelancer Income Survey (pdf) released by American financial services company Payoneer revealed that majority of the freelancers in the world are located in Europe (35.5%). Further down, Asia holds 28%, Latin America 29.2%, Africa 10.1% while North America has... Read...
  6. Nigeria Business News

    Business Why there is still a thriving stolen phones market in Nigeria – Techpoint.Africa

    Second-hand or ‘London-used’ phones, as they are popularly known, are very popular in Nigeria because of their relatively cheap prices. These phones are not called ‘London-used’ for nothing. Most of them are presumed to be refurbished devices shipped in from London.... Read more via...
  7. Nigeria Business News

    Business African music streaming platform, Boomplay raised $20 million in a Series A round – Techpoint.Africa

    Music streaming platform, Boomplay recently raised $20 million in a Series A round. The funding round was led by Maison Capital and Seas Capital participated in it.... Read more via Techpoint.Africa – Get more: Nigeria Business News
  8. Nigeria Business News

    Business Online sports betting in Africa: Between morality and an opportunity for revenue generation – Techpoint.Africa

    Recent activities by governments across Africa indicate growing concerns about the continent’s online sports betting industry. These concerns centre around revenue generation as well as morality.... Read more via Techpoint.Africa – Get more: Nigeria Business News
  9. Nigeria Business News

    Business 15 startups built by Jumia’s first 50 employees – Techpoint.Africa

    As the launch of Jumia’s Initial Public Offering (IPO) on the New York Stock Exchange (NYS) inches closer, there have been dozens of stories covering the impending milestone for.... Read more via Techpoint.Africa – Get more: Nigeria Business News
  10. Nigeria Business News

    Business Why ex-Konga boss, Sim Shagaya is now venturing into education with ed-tech startup, uLesson – News

    In January 2016, the Nigerian Internet startup space was rocked with the news of Sim Shagaya’s resignation as CEO of eCommerce company, Konga. And as if that wasn’t enough, he appeared to make a complete exit from the company he founded... Read more via News –...
  11. siteadmin

    Politics How FG spent over ₦1.45b on Nigeria Air with barely anything to show for it – Techpoint.Africa

    In July 2018, the Nigerian Minister of State on Aviation, Hadi Sirika unveiled Nigeria Air as the national carrier alongside its logo at the Farnborough International Airshow, London.... Read more via Techpoint.Africa – Get More Nigeria Political News
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    Business Paga raises $10m Series B2, finally going global – Techpoint.Africa

    Nigerian fintech company, Paga has just announced a new $10 million Series B funding round led by the Global Innovation Fund. According to Paga CEO, Tayo Oviosu, the fund will be... Read more via Techpoint.Africa – Get more: Nigeria Business News
  13. Samguine

    Metro Relocation of Computer Village, Ikeja not happening anytime soon – Techpoint.Africa

    Early in 2017, the Lagos State government made known its decision to relocate the Computer Village in Ikeja to ICT Park, Katangowa in Abule Egba, Lagos Nigeria. Fifteen months after making the... Read more via Techpoint.Africa – Get More Nigeria Metro News
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    Business 8 Nigerian founders that have moved on from the startup you associate them with – Techpoint.Africa

    One good by-product of the recent wave around innovation and entrepreneurship in Nigeria is an overwhelming amount of... Read more via Techpoint.Africa – Get more: Nigeria Business News