Bolu Abiodun

Nigeria, Ogun State

Blockchain or Crypto Reporter at Techpoint Africa

COD bot. 🎮 Searching for a path to make African fintechs prosperous through Blockchain. @TechpointAfrica's blockchain dude. 📬 [email protected]

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Articles

7 answers about how JAMB error affected over 370,000 candidates

23 hours ago | techpoint.africa | Bolu Abiodun

On Friday, May 10, 2025, the Joint Admissions and Matriculation Board (JAMB) released the results of the 2025 Unified Tertiary Matriculation Examination (UTME), and it sparked confusion and public outrage. The Board revealed, a few days after the results were released, that 75% of candidates scored below average. While the result, which has been described as the worst JAMB result since 2016, was initially attributed to TikTok addiction, an audit revealed that the error was from JAMB.
Bootstrapped Cargoplug expands to UK after 1 million deliveries in Nigeria

2 days ago | techpoint.africa | Bolu Abiodun

Cargoplug, a Nigerian logistics company, is expanding to the UK by launching its first self-managed hub in the UK. The company said in a statement seen by Techpoint Africa that the hub will streamline shipping between the UK and Nigeria. Established in 2013 by Kikelomo Fola-Ogunniya and Ujama Akpata, Cargoplug, formerly known as Jand2Gidi, has completed over one million deliveries, catering to both individual and business clients.
OPay backer, Opera is launching standalone stablecoin app for Africans

2 days ago | techpoint.africa | Bolu Abiodun

Opera Limited, an early investor in OPay, one of Africa’s largest fintechs, is launching a stablecoin app, MiniPay, on the continent. According to a statement seen by Techpoint Africa, MiniPay, which used to be embedded in the Opera Mini browser, will now have a standalone app, a lightweight stablecoin wallet on iOS and Android. It said the wallet, which was built into Opera Mini, has 7 million users and is growing strongly in Nigeria and Kenya.
4 African startups that shutdown in Q1 2025

3 days ago | techpoint.africa | Bolu Abiodun

The recent decline in startup funding in Africa has coincided with increasing startup shutdowns. In the first half of 2024, African tech startups secured and a significant 57% decrease compared to the same period in 2023. This funding shortfall has led to the closure of some notable startups. For instance, 54gene — a Nigerian genomics company — and Sendy — a Kenyan logistics startup — ceased operations, partly due to funding problems. The reduced funding can be attributed to several factors.
African gamers can now qualify for $1m CODM World Championship

1 week ago | techpoint.africa | Bolu Abiodun

African players can now participate in the $1 million Call of Duty: Mobile (CODM) World Championship for the first time in five years.
How stablecoins are revolutionising cross-border payments in Africa

1 week ago | techpoint.africa | Bolu Abiodun

Cross-border payments in Africa are some of the most expensive and complex in the world. Whether it’s a freelancer in Lagos working with a client in London or a small business in Accra importing goods from Dubai, sending and receiving money across borders often comes with high fees, slow settlement times, and limited access to stable foreign currencies. According to the World Bank,. This means that sending, while it could be over $20 to some countries.
These UNILAG graduates are building an AI-powered delivery robot for Nigerian estates

1 week ago | techpoint.africa | Bolu Abiodun

After graduating from the University of Lagos (UNILAG) in 2019 with a degree in mechanical engineering, Sultan Sunmola and his friend, Olusanya Ifedayo, decided to travel to the US to further their education. Sunmola attended INSEAD Business School in San Francisco, while Ifedayo enrolled at New York University (NYU), New York, to study mechanical engineering.
Ride-hailing drivers punished with fake rides for refusing to join May Day strike

2 weeks ago | techpoint.africa | Bolu Abiodun

Ride-hailing drivers who refused to participate in the May 1 strike organised by the Amalgamated Union of App-Based Transporters of Nigeria (AUATON) are reportedly being targeted with fake ride requests. According to messages seen by Techpoint Africa on the “May Day Log Off” WhatsApp group, striking drivers have been requesting fake rides from those who chose not to join the action, labelling them as “betrayers” of a cause intended to benefit all drivers.
Bolt will now allow users to book electric tricycles in Lagos

2 weeks ago | techpoint.africa | Bolu Abiodun

Bolt users in Lagos will now be able to book electric tricycles. This was revealed at a launch event by Bolt showcasing its new tricycle fleet — the first ride-hailing service in Nigeria to start such. The initiative is in partnership with SGX Mobility, a company specialising in the manufacturing, design, and development of electric vehicles. Under the arrangement, Bolt will deploy the electric tricycles to drivers, while SGX Mobility will handle their design and production.
Bankly acquired by investment firm seven months after appointing new MD

2 weeks ago | techpoint.africa | Bolu Abiodun

C-One Ventures, an investment company with a focus on technology and finance, has acquired Nigerian fintech company Bankly, seven months after it appointed new MD, Stephen Amodu. While the terms of the deal were not disclosed, a statement seen by Techpoint Africa revealed that Bankly will be merged with other fintech companies in C-One Ventures’ portfolio.