Naija Tech was on a dragging spree last week
As mentioned last week, we now have a job opportunity section. Just read to the end
ICYMI, catch the previous edition here
1.. Well, in his defense, they said trending. They didn’t specify if it was a Twitter trend or Industry-related trend.
2.. More like, “Really???, are you kidding me?”
Context - See the design by a designer
3.. David saw that the $1 was equivalent to N1800+ and was like where is that tech bro that said he wasn’t backing rubbish.
4.. Connecting 2+2, oh E
5.. Then Brother Bernard posted this
Context
True
Just in case you want to learn more about the money printed, read it here
6.. Mark E’s POV, check the quote
Some of the reactions
WDYM???
Abiodun entered the chat
Ehhmm, but the difference is the surname, though
Between Mark and Joseph
Mark’s follow up
7.. Tosin said this is more like putting a Band-Aid on a broken leg
Then we saw this
8.. As seen on the TL, Uncle Dare’s POV kind of shed more light on it
If you want to learn more about this Likability vs. Talent, you can watch out for it here
9.. Tears
10.. Hello from the Kenya Tech scene
I checked out the ProductDirect bright tagged. Apparently, they are farmers
Between Rightson and John-doe
11.. Someone said maybe they are passionate about cars
12.. As seen on the TL
He said, “I hope…”
13.. Real Arije has this to say about Seyi Tinubu Richard Mille’s watch that was said to have cost $300k+
Why don’t you guys share this kind of update quickly?
14.. Lmao, even tech bro wan chop
Official News
Uber is reportedly in discussions to invest in Moove, a Nigerian mobility fintech startup, at a valuation of $750 million. The ongoing funding round could result in an investment ranging from $75 million to $100 million.
RightCard Payment Services Limited, operating as LemFi, has received additional approval from the Bank of Ghana (BoG) to collaborate with Nsano Limited for money transfer services to Mobile Money Wallets and Bank Account Beneficiaries in Ghana.
West African private equity firm Verod has acquired a 65% stake in Nigeria's leading fitness chain, i-Fitness, from CardinalStone in a $12 million deal.
United States-based Equinix, the world's largest digital infrastructure firm, is set to invest $390 million in expanding its operations in Africa. This expansion plan includes the construction of new data centers in the Sub-Saharan region.
In an effort to stabilize the naira and curb depreciation, Nigeria's central bank has implemented a $500 limit on the purchase and sale of the dollar through cash transactions. This means that transactions exceeding $500 for buying or selling foreign currency via Bureau De Change (BDC) operators will now require the use of digital payment methods such as bank transfers or online platforms.
Job Opening
Big Cabal Media is hiring for a Social Media Intern and Senior Events Associate.
Flutterwave is hiring for a Frontend Engineer.
Full Umbrella is hiring for a Technical Writer.
Kuda is hiring for a Lead Fraud Analyst.
Kuda is hiring for a Contact Center Agents.
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