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Economics at techeconomy.ng

Saturday, Apr 11

21

LIRS Extends Deadline for Individual Tax Filing to April 21, 2026

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The Lagos State Internal Revenue Service has announced a further extension of the deadline for filing individual annual income tax returns to April 21, 2026, following a surge in activity on its electronic tax platform. The extension comes…

Thursday, Apr 9

17

Intel, Google Expand AI Chip Partnership with Focus on CPUs, Custom Infrastructure

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Intel and Google have expanded their partnership to strengthen AI infrastructure, focusing on CPUs and custom chips as demand moves from model training to deployment

Tuesday, Apr 7

13

Samsung Projects Record $38bn Q1 Profit on Surging AI Chip Demand

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Samsung Electronics has projected a record-breaking first-quarter profit, driven by booming demand for AI chips and high memory prices

Thursday, Mar 26

17

EXPLANER: What to Know About Nigeria’s New National Single Window for Trade

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The official launch of Nigeria’s National Single Window (NSW), a digital trade platform designed to simplify how goods move in and out of the country, is a huge step in the government’s drive to modernise trade processes and improve…

16

Tope Akande Builds Alternative International Financial Data for Nigerians with BucksTrybe

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For millions of Nigerians, access to credit remains out of reach. Traditional credit scoring systems rely heavily on formal banking history, leaving out a large population that earns, saves, and transacts outside structured financial…

14

Cascador Appoints Oyin Solebo as COO to Drive Scale across African Ventures

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Cascador has appointed Oyin Solebo as chief operating officer, bringing on a proven builder with deep experience scaling startups and deploying capital across Africa. Her appointment signals a strategic shift toward strengthening the…

12

Infobip Releases 20-year Analysis of 3.8 Trillion Business Messages

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AI-first cloud communication platform Infobip has released its annual Messaging Trends Report, offering a comprehensive analysis of the current state of business communication. Drawing on data from 628 billion mobile interactions in 2025…

Four Climate Ventures to Receive $273,000 Support from BFA and FSD Africa

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BFA Global and FSD Africa today announced $273,000 in follow-on funding and venture-building support for four early-stage alumni of previous Triggering Exponential Climate Action (TECA) venture-building program cohorts. The four early…

11

76% of Nigerian Drivers Say Rude Riders Drive Low Ratings – Bolt

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The company surveyed more than 1,800 driver-partners across Nigeria, with 76% of drivers saying rudeness or verbal aggression is the top reason they give low ratings after a trip.

Infinix and Call of Duty: Mobile Partner to Expand Mobile Gaming in Emerging Markets

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Infinix, an innovation-driven brand, today announced a landmark collaboration with one of the world’s most popular action mobile games, Call of Duty: Mobile. This collaboration establishes a global alliance between the two powerhouses,…

09

Enugu Gov’t, UKNiAF Introduce Smart Meter to Curb Energy Theft

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The Enugu State Government and the United Kingdom, through its United Kingdom Nigeria Infrastructure Advisory Facility (UKNiAF) have successfully carried out a pilot programme introducing an AI-enabled smart metering system to curtail…

CWG Plc Posts N7.8bn Profit, Declares 70 Kobo Dividend

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Pan-African technology firm, Computer Warehouse Group (CWG) Plc has reported a pre-tax profit of N7.8 billion for the 2025 financial year, a 78.4% increase from the N4.4 billion recorded in 2024. The result shows strong demand for digital…

07

AXA Mansard Investment Mentorship Programme Seeks to Increase Financial Appetite of Women

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‎In commemoration of International Women’s Day, AXA Mansard Investment has launched a speed-mentoring programme geared at increasing the investment and financial literacy level of young professional women across Nigeria. ‎The programme…

How IUX is Redefining Commodity Trading with Institutional-Grade Spreads

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As global markets face unprecedented shifts, Nigerian investors are increasingly looking toward stable assets like Gold and Oil to preserve wealth. Leading the charge in this digital pivot is IUX, a platform engineered to provide retail…

Wednesday, Mar 25

16

How to Access Stanbic IBTC MREIF Home Loans

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Access to affordable housing remains a major challenge in Nigeria, with millions of citizens unable to secure long-term financing for home ownership. APPLY HERE. However, initiatives like the MREIF Home Loan by Stanbic IBTC Bank are…

12

ESET: Secure Multicloud Environments Offer Three Major Things

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South Africa had just emerged from a fairly well-received budget, positive signs from ratings agencies and a business sector increasingly positive about sustained economic growth. However, global turmoil and its anticipated impact on our…

Nigeria’s Banking Recapitalisation Hits N4.61tr

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Nigeria’s banking sector has raised N4.61 trillion in fresh capital, in what the Central Bank of Nigeria (CBN) describes as a major milestone in its ongoing recapitalisation drive. In a statement released on Tuesday, the apex bank said…

11

Nigeria’s Celestine Achi Named among World’s Top 25 AI Trainers

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A Nigerian communications strategist and artificial intelligence advocate, Dr. Celestine Achi, has been recognised among the Top 25 Applied AI Trainers globally, a milestone that underscores Nigeria’s growing influence in the global AI…

Why CBN Mandates IMTOs to Open Naira Settlement Accounts

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The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators to open and maintain dedicated Naira settlement accounts with Nigerian banks. Aiming to improve oversight of diaspora remittances, and strengthen…

10

Zarttech Shuts Down: Inside the Rise and End of a Global African Talent Startup

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Zarttech, a Netherlands-based technology talent outsourcing and software solutions company with roots in Africa, has announced the cessation of its operations, issuing a public apology to stakeholders after years of ambitious growth and…

Meta Raises Executive Pay with First Stock Options Since IPO

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Meta has overhauled executive compensation, introducing stock options for the first time since its 2012 IPO

Tuesday, Mar 24

18

Nigeria Signs MoU with Finland on Digital Assets Protection

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The Federal Government has signed a Memorandum of Understanding (MoU) with the Republic of Finland in Abuja, FCT to enhance digitalisation, innovation, and the protection of Nigeria’s digital assets. Signed on Monday, March 23, 2026, the…

15

Zenith Bank Appoints Kennedy Okwudili as Executive Director

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Zenith Bank Plc has appointed Kennedy Onuwa Okwudili as an Executive Director, with the role taking effect from May 1, 2026. The appointment, disclosed in a filing to the Nigerian Exchange (NGX), aligns with the bank’s succession strategy,…

Black Friday has Become a Strategy Test for the Retail Sector

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What started out as a promotional import from the United States has become a defining moment in the festive season economy. The four-day Black Friday-Cyber Monday (BF-CM) event generates 20-30% of holiday spending, consistently…

14

Vantage Markets Launches Cashback Prime

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For many Nigerian traders, the cost of trading, spreads, commissions, swap fees, quietly erodes profits even on well-executed positions. It is a friction point that the market has long accepted as immovable. Vantage Markets, one of the…

13

Airtel Africa Tests Starlink Mobile in Kenya to Bridge Network Gaps

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Airtel Africa has tested Starlink Mobile services in Kenya, allowing users to access messaging, calls and basic data in areas without network coverage, with plans to expand across its markets.

12

littlefish Raises $9.5M Series A Round Led by Partech

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littlefish, the merchant operating system powering the relationships between Africa’s biggest banks and the merchant class, has announced the close of a $9.5 million Series A round led by Partech, with participation from TLCOM, Flourish…

08

In London, Mbah Ignites Investors’ Interest in Enugu Economy

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Governor of Enugu State, Dr. Peter Mbah, has ignited foreign investors’ interest in the state with prospective investors expressing the readiness to immediately key into opportunities across various sectors of the state’s economy. Mbah…

07

BoI Seals €135 million Deals with EIB, to Boost Healthcare Manufacturing, Agriculture

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EIB Global, the development arm of the European Investment Bank, stated that it had invested €2.3 billion since the start of its activities in Nigeria in 1978, supporting impactful and transformative investments in crucial areas for the…

EU Unveils €290m Global Investment Package for Nigeria

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Quick Read: Olusi: partnership transitions Nigeria from major importer of essential health commodities to competitive producer, unlocking long-term, affordable finance for priority sectors The European Union has deepened its strategic…