E-Business
Carmudi With Android App Launch Targets C2C Interface

Carmudi, Nigeria’s leading car-site has again brought convenience to its users with the unveiling of an android app, which is even a customer to customer (C2C) interface enabler.
This milestone comes barely two months after Carmudi celebrated its one year anniversary and website re-launch.
Expatiating the convince the app offers the users, Christian Keller, managing director of Carmudi Nigeria said, “With four easy steps you can have your car up for sale in less than 2 minutes with the use of the Carmudi Android app.
“All you need to do is download the app, go to the menu and click on the link that says ‘sell your vehicle’.
“That allows you to upload your car details, images and contact information. And voila, your car is ready for sale.
He further stated that sellers in particular can reach millions of interested buyers in just a few seconds without going through the hassle of putting adverts in the papers or spreading the word among friends.
He said that what makes it even better is that this service is available in 10 languages including English, Arabic, Bahasa Indonesia, Bengali, French, Spanish, Sinhala, Tamil, Vietnamese and is absolutely free.
Keller, said “With the app, selling your car is no more waiting for months to get the right kind of buyer and no more visiting a plethora of car dealers to get your resale’s worth. With more than xx million Nigerians using eligible Smartphones, everyone will be able to use Carmudi through their mobile phones.”
In a video chat with pressmen based in Lagos during the app launch, Nalla Kurananithy, chief product officer at Carmudi, said, the Android App has been designed in a way that it works seamlessly even in countries where the internet speed is relatively slow.
“Our intent is to bring the car selling experience to a whole new level in emerging markets, by providing an extremely smooth and easy-to-use platform,” commented Nalla.
Also speaking, Biodun Makinde, head of Marketing, Carmudi Nigeria, explained that sellers usually get prompt notifications/ alerts about potential customers straight to their Android devices during usage.
“This way, Makinde said, “you can get in touch with buyers immediately and make an active sale. If you are undecided about pricing your used car, you can choose from various options between Drive Away, On The Road and Negotiable prices. This will allow you to meet potential buyers before committing to a final price”.
He added that the high security standard and transparency level that dealers/individual sellers tend to enjoy through Carmudi allows them to secure a trusted stamp among buyers.
“The professional photos, the updated listings, the detailed descriptions, reports and rankings of all the listed vehicles make the selling/buying experience absolutely stress-free.
“Also, the cars listed through the Android app and the website are shared with Carmudi’s social media followers (approx.1 million) to make the selling process even more effective.
“So no more waiting for months to get the right kind of buyer or visiting a plethora of car dealers to get your resale’s worth. If you are looking to sell your car online, simply download the app from the Google Play – it is fast and hassle-free,” he said.
On his part, Fidelis Arumala, head, Sales and Partnership, Carmudi Nigeria, said that Carmudi as a platform has made tremendous achievements in the country in the last 15 months, especially in consumer education and enlightenment.
According to him, the platform currently with established presence in Lagos, Abuja, Kano, Kaduna, Port Harcourt and Benin City, hopes to move to other cities in due time.
He said that Carmudi has seen improvement on the number of car ‘hunters’ who visit the sites on daily basis. He said, “When we started, there were barely 500 visitors to the site weekly, but today we record six to seven thousand daily visitors. That is a remarkable improvement which shows that Nigerians are now buying or making inquiries or selling their cars online.
Nodding in agreement, Makinde said that carmudi used the few months of its operations to ensure that safety is a topnotch in its activities, revealing that they are cementing agreement with security agencies that will help in containing fraudsters from listing cars online for sale.
Carmudi was founded in 2013 and is currently available in Bangladesh, Cameroon, Congo, Ghana, Indonesia, Ivory Coast, Mexico, Myanmar, Nigeria, Pakistan, Philippines, Qatar, Saudi Arabia, Senegal, Sri Lanka, Tanzania, United Arab Emirates and Vietnam.
The vehicle marketplace offers buyers, sellers and car dealers the ideal platform to find cars, motorcycles and commercial vehicles online.
E-Business
Report Shows Start-ups Fuel Innovations in Africa

Bloomberg has released its second annual “25 African Startups to Watch” list, underscoring the growing influence of venture-backed innovation across the continent.

Published thursday, the list highlights companies building solutions in “environments where infrastructure or systems have failed to deliver.”
The featured start-ups build solutions to challenges such as accessing healthcare in Chad, moving goods in Kenya, securing loans in South Africa, and safeguarding borders in Nigeria.
Nigeria, South Africa and Kenya jointly lead with four companies each, reflecting the ongoing strength of Africa’s three most visible start-up ecosystems.
The 25 companies span 13 countries and sectors including healthcare, fintech, security, climate resilience, waste management, and transport.
Nigeria’s four startups are 10mg Health, Remedial Health, Sycamore and Terra Industries, covering areas from healthcare financing and pharmaceutical supply chain integrity to digital lending and defence technology.
South Africa’s contingent includes Omnisient, Amesect, AURA and Jem. Omnisient uses grocery purchase data and AI to extend credit to those outside traditional financial systems.
Kenya’s notable four include Zeraki, a school-data analytics platform partnering with Safaricom to reach secondary students across the country.
According to Bloomberg, a defining theme this year is the source of funding.
Nearly half of the total capital raised by these start-ups came from African investors, marking a shift from previous years when international capital predominantly drove early growth.
International backers such as 8VC, controlled by Palantir Technologies co-founder Joe Lonsdale, and Google continue to see value in investing in African companies, Bloomberg noted.
The report also highlights that start-ups across the continent almost doubled their debt fundraising in 2025, even as equity financing from venture capital firms declined.
Separately, the Start-up Ecosystem Report 2026 states that Kenya has overtaken Nigeria as Africa’s top startup investment destination, attracting $984 million in 2025.
Jennifer Zabasajja, Bloomberg Television’s chief Africa correspondent and anchor, highlighted the dual significance of the list, the variety of solutions being built and the growing role of African-sourced capital in backing them.
She noted that the list comes at a consequential moment, one shaped by global disruptions, from the conflict in Iran to sweeping cuts in US foreign healthcare assistance, that have made the case for African-owned capital more urgent than ever before.
E-Business
NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

Nigeria Data Protection Commission has warned that the growing misuse of personal data and digital platforms could undermine Nigeria’s democratic process ahead of the 2027 general elections.

NDPC
The warning was delivered during the 2026 Press Week organised by the FCT Council of the Nigeria Union of Journalists in Abuja.
Speaking at the event, Vincent Olatunji, national commissioner and chief executive officer, NDPC, who was represented by Itunu Dosekun, head of Media Unit at the commission, said disinformation and unlawful exploitation of personal data posed serious threats to credible elections.
The event had the theme: “2027 Election: Defending Democracy in the Era of Disinformation.”
Dosekun said the struggle for credible elections was no longer confined to polling units, noting that digital platforms had become major channels for manipulated narratives, fake news, propaganda and AI-generated misinformation.
According to him, the rapid growth of social media platforms, messaging applications and data-driven political campaigns has created vulnerabilities capable of influencing voter perception and weakening public trust in democratic institutions.
He warned that the abuse of personal data for political profiling and psychological targeting had become one of the most dangerous threats facing democracies worldwide.
“The misuse of citizens’ personal information carries serious social implications, especially for vulnerable groups who may not fully understand how their data is harvested, processed and weaponised online,” he said.
Dosekun noted that coordinated disinformation campaigns could inflame ethnic tensions, spread fear and discourage civic participation, particularly among young Nigerians.
He described the Nigeria Data Protection Act, 2023, as a critical legal framework aimed at protecting citizens against unlawful data processing and digital exploitation.
According to him, the law gives Nigerians greater control over their personal information while placing obligations on organisations, institutions and political actors to handle data responsibly.
Dosekun also called for stronger collaboration among political parties, media organisations, technology firms, civil society groups and citizens to promote responsible digital behaviour ahead of the elections.
He stressed the role of journalists and media professionals in combating fake news, fact-checking information and safeguarding public discourse.
According to him, protecting personal data should not only be seen as a privacy issue but also as a democratic responsibility necessary for maintaining public confidence, national stability and electoral credibility.
Stakeholders at the event emphasised the need for improved digital literacy, stronger regulation and increased public awareness to prevent the abuse of digital platforms during future elections.
E-Business
Anthropic Raises $65 Bn to Expand AI Research, Innovation

Anthropic, artificial Intelligence company, has said that it has secured sixty-five billion dollars in a new funding round, raising the company’s valuation to about nine hundred and sixty-five billion dollars.

The development places the company ahead of its rival, OpenAI, maker of ChatGPT, which was valued at about eight hundred and fifty-two billion dollars earlier this year.
Anthropic, founded by former OpenAI employees and led by Dario Amodei, chief executive officer, has emerged as one of the leading firms in the global Artificial Intelligence industry.
The company is widely recognised for its advanced coding capabilities and generative AI models, particularly its AI assistant known as Claude.
Unlike some competitors focusing mainly on general consumers, Anthropic has concentrated on delivering AI solutions to enterprise and business clients.
The company also says it places strong emphasis on AI safety while expanding its products and services amid growing competition in the sector.
Krishna Rao, chief financial officer of Anthropic, said the new funding would support the company’s research efforts and help meet rising global demand for its AI technologies.
Reports indicate that the investment round attracted major Silicon Valley venture capital firms, including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
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