United Bank for Africa (UBA) Plc has announced the retirement of four Executive Directors, alongside the appointment of new board members, in a move aimed at strengthening its leadership team. The development was disclosed in a notice…
On a bustling morning in Kano, as traders called out prices and shoppers navigated narrow market paths, something different was unfolding. Amid the everyday rhythm of commerce, banners were raised, conversations sparked, and smartphones…
Digital banks are attracting millions of new users in Nigeria by providing better services, simpler onboarding, and quick access to financial tools. Their model has made it easier to reach unbanked and underbanked Nigerians, especially in…
Pathfinder International, a global health and development organisation with more than 65 years of experience across Africa, South Asia, and the Middle East, has released a new Action Plan for Nigeria that sets out priorities for improving…
Permutable AI, a UK-based AI research and data intelligence company, has unveiled the Live Market Insights Hub, a real-time narrative intelligence environment that demonstrates the company’s multi-LLM, source-traceable market analysis…
The Naira strengthened on Friday, December 12, 2025, gaining ₦15.03 to close at ₦1,489.97/$ in the parallel market, an improvement from the previous day’s ₦1,505/$. Traders linked the slight rebound to reduced forex demand toward the…
The United Kingdom-Nigeria Infrastructure Advisory Facility (UKNIAF), launched in 2019, is the third programme in a longer 16-year legacy of infrastructure support from the UK Government to the Government of Nigeria. On Tuesday the 2nd of…
A’isha Umar Mumuni, the chief digital officer of MTN Nigeria, has urged governments, investors, and stakeholders to prioritise policy, infrastructure, and investment reforms to ensure African creators can compete globally and profit from…
When Nigerians complain about the cost of flying, their frustration is not without reason. Behind every ticket a traveller purchases, whether to Lagos, Abuja, or Enugu, lies a hidden burden few passengers ever see; 18 different taxes and…
Clean-energy and carbon-finance company, FuelTree Limited, has officially launched to transform access to clean cooking, carbon markets, and green finance across the continent. Established as a special-purpose vehicle of SMEFUNDS, CSR-in…
The Oil and Gas Free Zones Authority (OGFZA) has announced that it has attracted more than 24 billion dollars in investments into Nigeria, an achievement that underscores the strategic value of the nation’s free zones. The Authority also…
BVN, NIN, and TIN are three important identification numbers every business owner in Nigeria must understand. Each one serves a different purpose in banking, identity verification, and taxation. BVN (Bank Verification Number) The BVN is an…
MTN Nigeria has launched its Unlimited Broadband Data plans powered by 5G technology in a move the tech giant states is designed to resolve major frustrations faced by Nigerian internet users, capped data volume limits, high costs, and…
The Enugu State Government has taken a bold step toward reshaping transportation in the state, setting aside ₦10 billion as its equity contribution for the first phase of a 135.5km standard gauge railway line, a project officials describe…
PZ Cussons is charting a bold new path for its Africa operations, unveiling an ambitious plan to build a winning portfolio of locally loved brands, just months after completing the sale of its 50% stake in PZ Wilmar, its non-core edible…
As West Africa navigates the dual imperatives of expanding energy access and accelerating digital transformation, the demand for secure, resilient and citizen-centric power infrastructure has reached a critical point. With cybercrime on…
In a dramatic turn that has sent shockwaves across Nigeria’s investment and crypto-finance ecosystem, the Securities and Exchange Commission (SEC) has moved to freeze the bank accounts and seize assets tied to Crypto Bridge Exchange (CBEX)…
When the doors of the digital registry swing open this week, every Nigerian business owner intending to update a registered business name online will have to show more than just a form and a fee. They will now need to prove their identity.…
PalmPay, Nigeria’s leading digital banking platform, has renewed its commitment to deepening financial inclusion across the country. At the CeBIH Annual Conference 2025, themed “Reimagining Financial Inclusion through Cultural Shifts in…
Investing in Innovation Africa (i3) held its 3rd flagship Access to Markets (A2M) event, a two-day gathering designed to connect Africa’s most promising healthtech companies with strategic partners who can accelerate their…
Beta Glass Plc, one of the country’s top makers of glass packaging for beverage, pharmaceutical, and food companies, has confirmed that its parent company, Frigoglass Group, has agreed to sell its stake in the business. The announcement…
When the closing bell rings on the Johannesburg Stock Exchange (JSE) this Wednesday, it will mark more than just one company’s exit from public trade, it will signal the end of a 40-year chapter in African television history. From Signal…
The renewable energy sector stepped up when legacy infrastructure was struggling to keep up. Now, this sector is changing the nature of the industry in South Africa on multiple levels. From employment to innovation to global best practice,…
Vodacom Group, one of Africa’s leading telecommunications conglomerates, has sealed a major transaction that will significantly expand its ownership in Safaricom, further cementing its commitment to the high-growth East African markets of…
Ezeebit, the FSCA (Financial Sector Conduct Authority)-regulated stablecoin and cryptocurrency payment infrastructure company, has announced the close of a $2.05 million seed funding round. The capital will be used to accelerate product…
Hostinger, one of the world’s fastest-growing hosting and website-building platforms, is expanding into Nigeria. The company is launching with local payments, tailored content, and a full suite of AI-powered tools to help individuals and…
Telecommunications provider Globacom has formally apologised to its customers following a widespread data outage that disrupted mobile internet services across Nigeria. In a notice to subscribers, the company acknowledged the interruption,…