Samuel Nwite
AUTHOR: Samuel Nwite
N22bn Investment Scam: Court Orders Couple Ajetunmobi to Pay Investors N18.8bn
The class action suit brought against Nigerian couple, Bamise and Elizabeth Ajetunmobi, over N18.8 billion investment fraud has ended in favor of the plaintiffs.
The...
Zazuu, UK-based African-focused Fintech, Raises $2m to Scale Cross-border Operation
Zazuu, a U.K.-based fintech that offers customers various remittance options, has announced that it has raised $2 million in a new venture round.
The African-focused...
ECOWAS Court Rules Nigeria’s Twitter Ban Unlawful, SERAP Seeks Compensation
ECOWAS Court on Thursday ruled the decision of the federal government of Nigeria, to ban Twitter illegal, ordering the government not to repeat such...
Egypt’s SWVL Boosts Global Expansion with The Acquisition of Mexican Urbvan
Egypt’s mobility startup SWVL has continued with its acquisition spree across the globe with an announcement that it has reached a definitive agreement to...
Tesla is Laying Off 229 Staff, Shuttering San Mateo, California Office
In June, Tesla CEO Elon Musk sent an email to the automaker’s executives, informing them that due to overstaffing, Tesla will be reducing salaried...