Tech

Bolt blocks accounts; limits intercountry requests amid “Fake Ride Trend”

Bolt, the popular ride-hailing app, has taken action by blocking several accounts involved in a disturbing trend of requesting fake rides and cancelling them after a driver has accepted.

Bitcoin surges past $61,000 amid significant ETF inflows and market volatility 

Bitcoin surpassed the $61,000 mark early Tuesday, spurred by the second-largest inflow of the month into U.S. spot exchange-traded funds (ETFs) holding the cryptocurrency.

MTN Nigeria liquidates Visafone, reports N30.3 billion loss

MTN Nigeria, the country’s leading telecommunications company, has officially liquidated Visafone, a move detailed in its H1 2024 financial statement. According to TechCabal on Monday...

AI could address Nigeria’s out-of-school children crisis: Obasanjo

Former President Chief Olusegun Obasanjo has suggested that artificial intelligence (AI) could be a key tool in addressing the crisis of millions of out-of-school children in Nigeria.

Kuda triples revenue in 2022, expands user base and global reach 

Kuda, a Nigeria-focused neobank, reported a significant surge in revenue, tripling its earnings according to its latest audited financial statements filed with U.K. regulators.

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