Customers always win
You don’t overcome setbacks by sitting in it; you have to keep working through it, even if it means you have to crawl. Happy new week guys!!
With a Raenest multicurrency account, you can send money to over 40 countries quickly and affordably, including the UK, US, Europe, Kenya, Ghana, Rwanda, India, and more. Pay invoices, buy inventory, and handle cross-border payments with ease, plus enjoy free currency conversions and competitive rates. Visit www.raenest.com to get started.
ICYM the last issue, read here
Official News
The Nigerian Communications Commission (NCC) has instructed tower companies to urgently enhance service quality or face regulatory penalties
CryptoBridge eXchange (CBEX), the Ponzi scheme that defrauded Nigerians of millions, again failed to honor its pledge to start processing withdrawals and return 50% of users’ locked funds by June 25.
Starlink has resumed direct shipments of residential kits to Lagos and other Nigerian cities, ending a suspension that began in November 2024.
Nigeria’s telecom operators have temporarily halted SIM services, including registrations, swaps, NIN enrolment, and number portability, due to NIMC’s platform migration.
African startups raised $365 million in June 2025, driving H1 funding to $1.35 billion—a 78% increase from H1 2024.
Remote Job Opportunities
Kuda is looking to hire a Business Development Manger
Circuit Pointe is looking to hire a Social Media and Marketing Manger
UBA is seeking talented graduates to join its trainee program
M-Kopa is looking to hire a Senior Backend Engineer (.NET)
Moniepoint is looking to hire a Motion Designer.
This isn't your regular tech newsletter, so let's get into some of the most intriguing happenings on "tech Twitter" from the past week.
To view the full content of this newsletter, please click View More at the bottom of the email.
1… First thoughts was, how was this even possible?
News broke that Fara of Okra joined Kernel
1/2
2/2
Simply put
Hmmm. A lot of questions to be asked (hopefully, our thread replies them)
Okra actually shut down in May, 2025
Thoughts on the late announcement
1/2
2/2
Also, what will happen to the funds that was just raised
But it is still a conversation that must be had
Well,
2/2
Excerpt from the article. Read here
Where did things go wrong
2/
3/
4/4
In essence, the writer said Okra did well solving a clear problem with strong early execution but strayed from its core strengths, lost focus and lacked deep go-to-market and pricing frameworks to sustain scale. Read the full thread here.
2… So MTN launched the largest data center in West Africa
MTN says it will be much cheaper and faster than foreign counterparts
But MTN’s reputation precedes it
Ahan, this one is not their fault now
“Stick to the topics you know”
Okay now the people that know
3… International news
A man can’t have multiple streams of income again
In hindsight, wouldn’t it be great to get the highest paying company and just stick there
Validd
Been thinking about my life
Soham breaks his silence
hmmm
Contrary to what everyone says...
You just have to rate it
4… Why are you sleeping while others are making money
But the tweet didn’t sit quite well with some people
What do you think?
5… Yayyy🎉🎉
₦590,000
6… Sometimes engagement farming, sometimes they want you to show workings
But this is not… nvm
You sef… lol
7… Good news for Nigerians
But is it good news for some fintech startups?
Whether regulations change, prices shift, in the end—customers win
Will this be the foreshadowing for some business pivots?
Others POV
8.. . This is impressive. Nigerian excellence
With a Raenest multicurrency account, you can send money to over 40 countries quickly and affordably. Pay invoices, buy inventory, and handle cross-border payments with ease. You also enjoy free currency conversions and competitive exchange rates. Raenest supports transfers to the UK, US, Europe, Kenya, Ghana, Rwanda, Cameroon, India, and more. Visit www.raenest.com to get started.
Please note that Raenest is a financial technology company not a bank. Banking services are provided by Regent Bank, Member FDIC.
Want to partner with NTBTS and connect with our highly engaged audience? Email us at ntbtstuff@gmail.com