business

With strong connections to Nigeria’s creative community, Paystack Commerce is offering a social commerce product to help them receive payments.

Despite furloughs, salary reduction and job cuts, many Nigerian news media companies will still struggle to stay afloat in the short term. More operational changes may need to happen.

The pandemic has made a more serious impact on the African smartphone market than previously predicted. IDC data shows the market has suffered its biggest decline since 2015.

NITDA has shared a progress report on its efforts to support startups affected by COVID-19. In a document shared this week, it said it has activated a number of recommendations to offset the worst of the pandemic.

Despite challenges from the ban on motorcycles and COVID-19, OPay says it is having its best year ever. Mobile payments has grown 40% since January.

The digital world represents a new opportunity for insurance. The growing adoption of mobile devices could increase the reach of insurance products. Slowly, disruption is coming to Nigeria’s sluggish insurance industry.