by Ekrem Duman | Aug 15, 2026 | Nigeria Company Stories, Startup
⚡ TL;DRInterswitch, founded in 2002, built much of Nigeria’s electronic payment infrastructure, including card switching and the Verve card. It became a unicorn and a foundational player long before the current fintech boom. This story explains how Interswitch...
by Ekrem Duman | Aug 15, 2026 | Nigeria Company Stories, Startup
⚡ TL;DRPaystack, founded in 2015 in Lagos, built simple payment tools for African businesses and was acquired by Stripe in 2020 in a deal reported around $200 million. It became a landmark exit for African tech. This is the story of how two founders built Paystack and...
by Ekrem Duman | Aug 15, 2026 | Nigeria Company Stories, Startup
⚡ TL;DRFlutterwave, founded in 2016, built payment infrastructure that lets businesses accept and send money across Africa. It became Nigeria’s most valuable fintech and one of the continent’s best-known unicorns. This is the story of how it scaled...
by Ekrem Duman | Aug 15, 2026 | Nigeria Company Stories, Startup
⚡ TL;DRNigeria holds some of the world’s largest natural gas reserves, yet it has struggled for decades to deliver reliable electricity. This story explains Nigeria’s gas potential, the role of Nigeria LNG, why the power sector has underperformed despite...
by Ekrem Duman | Aug 15, 2026 | Nigeria Company Stories, Startup
⚡ TL;DROil transformed Nigeria’s economy after commercial production began in 1956. It brought boom-era wealth but also dependence, volatility, and the neglect of other sectors. This story traces how oil shaped Nigeria’s economy, the costs of...
by Ekrem Duman | Aug 15, 2026 | Nigeria Company Stories, Startup
⚡ TL;DRSeplat Energy is one of Nigeria’s leading indigenous oil and gas companies, dual-listed in Lagos and London. Founded in 2009, it grew by acquiring assets that international majors were divesting, building a homegrown energy champion focused increasingly...
