Thursday, December 9

Tag: Educational Institutions

Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa
Tech

Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa

When Stripe announced earlier this year that it had picked up another $600 million in funding, it said one big reason for the funding was to expand its API-based payments services into more geographies. Today the company is coming good on that plan in the form of some M&A. Stripe is acquiring Paystack, a startup out of Lagos, Nigeria that, like Stripe, provides a quick way to integrate payments services into an online or offline transaction by way of an API. (We and others have referred to it in the past as “the Stripe of Africa.”) Paystack currently has around 60,000 customers, including small businesses, larger corporates, fintechs, educational institutions, and online betting companies, and the plan will be for it to continue operating independently, the companies said. ...
COVID-19 Containment Orders: Enugu Police moves Against violators
News

COVID-19 Containment Orders: Enugu Police moves Against violators

The Enugu State Command of the Nigeria Police Force has expressed dismay at the spate of flagrant violation of the restriction orders issued by the federal and state governments as well as the guidelines for the containment of the spread of Coronavirus Disease (COVID-19) as advised by the Nigeria Centre for Disease Control (NCDC) and other health establishments. Consequently, the Command, through a statement signed by its Public Relations Officer, ASP Daniel Ndukwe Ekea, on behalf of the State Commissioner of Police, reminded residents of the State that “except where approved modifications exist, the stipulated restriction/containment orders are still in force”. Reaffirming “its continued commitment to enforce the orders without fear or favour”, th...
Senate Debates Omo-Agege’s Sexual Harassment Bill
Politics

Senate Debates Omo-Agege’s Sexual Harassment Bill

The Senate on Wednesday debated the sexual harassment bill initiated by Deputy Senate President Ovie Omo-Agege. The bill scaled second reading on the floor of the Senate. The proposed legislation titled “A bill for an Act to Prevent, Prohibit and Redress Sexual Harassment of Students in Tertiary Educational Institutions and for other matters connected therewith 2019” has 27 clauses. The bill proposes up to 14 years jail term, with a minimum of 5 years, without an option of fine for any educator who commits sexual offences in tertiary institutions. The bill defines sexual offences as including sexual intercourse with a student or demands for sex from a student or a prospective student or intimidating or creating a hostile or offensive environment for the student by solicitin...

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