👨🏿🚀TechCabal Daily – Vendease puts payroll on a diet
Vendease, a Nigerian food procurement startup, is introducing a new performance-based salary structure following two rounds of layoffs within five months. The Y Combinator-backed company will now compensate employees with…
“Transfers will be the future”: GTCO’s HabariPay expands fintech push with new licences
GTCO’s fintech subsidiary, HabariPay, is increasingly focusing on expanding its digital financial services in Nigeria. Spun off in 2022, the company aims to establish itself in a competitive fintech market…
Quidax joins Busha to list SEC-regulated cNGN stablecoin amid crypto push
Quidax, a Nigerian cryptocurrency startup, has expanded its offerings by listing cNGN, Nigeria’s first SEC-regulated stablecoin pegged to the Naira. This move highlights a shift in Nigeria’s cryptocurrency policy towards…
Tinubu declares State of Emergency in Rivers State, Suspends Gov Fubara, State Assembly members
President Bola Tinubu has declared a state of emergency in Rivers State due to ongoing political unrest and violence in the region. This significant move comes as the situation in…
Full text of President Tinubu’s declaration of state of emergency in Rivers State
President Bola Tinubu has announced a state of emergency in Rivers State, citing an ongoing and protracted political crisis. The decision comes in response to escalating tensions and instability that…
Tinubu: I made interventions for peaceful resolution of Rivers crisis but I was ignored
President Bola Tinubu disclosed that his attempts to mediate and resolve the political crisis in Rivers State have not been acknowledged by the conflicting parties involved. Despite his initiatives aimed…
Meet 64-year-old Vice Admiral Ibokette Ibas, Rivers State new administrator
Vice Admiral Ibokette Ibas has been appointed as the sole administrator of Rivers State. At 64 years old, Ibas steps into a pivotal role in the state’s administration. This appointment…
IHS Holding reports Q4 pre-tax profit of $236 million, full-year loss at $1.61 billion
IHS Holding Ltd. has announced a notable financial recovery in its fourth quarter of 2024, posting a pre-tax profit of $236.35 million. This marks a significant improvement from the previous…
Tinubu’s suspension of Fubara, Assembly members is “unconstitutional” and concerning – NBA President
President Bola Tinubu’s suspension of Rivers State Governor Siminalayi Fubara and members of the Rivers State House of Assembly has raised constitutional concerns. The suspension has been deemed “unconstitutional” by…
Five times President Tinubu criticized Fubara for Rivers crisis in his presidential broadcast
President Bola Tinubu has declared a State of Emergency in Rivers State due to escalating unrest, which includes pipeline vandalism and the bombing of the Trans Amadi pipeline. The declaration…