Nigeria’s struggling economy has claimed another casualty as education technology startup Edukoya shuts down after three years in operation. Despite raising Africa’s largest pre-seed funding of $3.5 million in 2021, the startup says poor infrastructure and harsh economic conditions have made it impossible to scale. In a statement obtained by Your Tech Blogger on Wednesday,...

The Federal High Court 1 in Owerri, Imo State, has ruled in favor of Chika Edoziem, the Head of the Directorate of State of the Indigenous People of Biafra (IPOB). The court, presided over by Hon. Justice I.N. Oweibo, dismissed charges against Edoziem related to terrorism, insurgency, kidnapping, and violent crimes.   In Suit No: FHC/OW/FHR/29/2024, filed by Edoziem against the...

The Nigerian Police Force has advised the Osun State Government to immediately suspend the upcoming local government elections for public safety and national stability.  This recommendation follows intelligence reports indicating a high likelihood of violence and significant security threats if the elections proceed. Credible sources suggest that various groups, including political...

Jumia’s liquidity position improved to $133.9 million, helped by net proceeds from an at-the-market offering in August 2024. This reversed a decline of $106.9 million recorded in 2023. Net cash flows used in operating activities also showed improvement, reducing to $57.2 million from $73.0 million in the previous year. According to Jumia, key usage metrics improved in the fourth quarter,...

Pope Francis, the 266th Pontiff of the Roman Catholic Church, is either significantly delayed in his expected activities or has passed away, according to sources within the Vatican. The Holy See has yet to release an official statement, fueling concerns about the Pope’s health following his recent hospitalization in Rome.   Just days ago, the 87-year-old Pontiff shared a...