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Economics at techeconomy.ng

Saturday, Dec 6

18

Fidelity Bank Targets Aviation Sector with New Financing Solutions

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Fidelity Bank Plc has reiterated its support for the Nigerian aviation sector by serving as one of the official sponsors of the inaugural Nigerian International Airshow. The event took place from December 2 to 4, 2025, at the Nnamdi…

14

Overused Startup Buzzwords 2025: Expert Warns These Clichés Are Hurting New Brands

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Quick Read: New study analyses 50 global startups to reveal the most overused buzzwords on company homepages, with ‘seamless’ appearing 16 times across the dataset ‘Shiprocket’ tops the list as the most cliché-dependent startup with 17…

09

Soludo Administration Pioneers Tech-Enabled Governance Model, Says Anambra ICT Agency MD

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With ambitious investments in artificial intelligence (AI), broadband and data analytics, Anambra State is emerging as a test case for tech-enabled governance in Nigeria. The push, championed by Governor Prof. Chukwuma Charles Soludo,…

08

Al Baraka Bank Unveils Vivere, Allows Payments in Six Currencies

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Al Baraka Bank has announced the launch of Vivere, a groundbreaking Shari’ah compliant foreign currency account that empowers South Africans to transact globally with confidence. Vivere allows customers to hold and transact in six major…

NIPR Postpones Annual PRICE Awards to January 25

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The Nigerian Institute of Public Relations (NIPR) has deferred the date for its maiden annual Public Relations, Reputation, Ideas, Concepts and Excellence (PRICE) Awards and Prizes to January 25, 2026, instead of December 7, 2025, as…

PEBEC Ranks NCC Among Top Five Best-Performing Government Agencies in 2025

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The Presidential Enabling Business Environment Council (PEBEC) has named the Nigerian Communications Commission (NCC) one of the top five best-performing Federal Government agencies for 2025 under the Transparency and Efficiency Category.…

Friday, Dec 5

22

FCMB Board Approves 2026 Strategic Plan, Hints at Strong Growth Year

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FCMB Group Plc says its Board of Directors has approved the company’s budget and strategic plan for the 2026 financial year. The approval was given at a board meeting held on November 28, 2025. The update, disclosed in a filing with the…

FSL Insurance Brokers Launches FSL Insure Mobile & Web App to Transform Digital Insurance Access in Nigeria

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FSL Insurance Brokers Limited, a leading insurance brokerage firm in Nigeria, has officially launched “FSL Insure”, a new mobile and web application designed to simplify, modernize, and expand access to insurance products for individuals…

17

FairMoney Broadens Product Offering to Support Nigeria’s Financial Inclusion Goals

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FairMoney Microfinance Bank, a rapidly growing digital financial services provider in the Nigerian fintech space, is spearheading a significant paradigm shift in the country’s digital finance sector, moving beyond its foundational digital…

Sophos: Manufacturing Sector Sees Drop in Ransomware, But Spike in Data Theft

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Quick Read: Manufacturing experienced a 40% encryption rate, reflecting stronger early detection Attackers escalated data theft and extortion to maintain leverage Sophos X-Ops reported Akira, Qilin and PLAY among the most prominent…

16

Best Smart TVs to Buy This Christmas

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Christmas is around the corner, and many people are planning to upgrade their living room or buy gifts for loved ones. Smart TVs are among the easiest ways to improve your home entertainment. They let you stream movies, watch shows, play…

15

“Who is Tompolo?” Google Reveals Nigerians’ Most Asked Questions of 2025

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Google’s annual search trends have revealed the most asked questions by Nigerians in 2025, offering a fascinating snapshot of the country’s cultural curiosity, political awareness, and online conversation drivers. This year’s list spans a…

13

Africa Must Build its Own Cybersecurity Intelligence, Says Tizel CEO at AfriTech 5.0

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As Africa edges toward an estimated 750 million internet users by the end of 2025, the continent’s expanding digital footprint is increasingly matched by vulnerabilities that threaten its economic and national security. This concern took…

12

Flex Raises $60m Series B to Scale Its “Private Bank” for High-Net-Worth Business Owners

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The card sits at the centre of Flex’s aim to act as a “private bank” for business owners with sizeable personal and commercial interests.

Africa’s Biometric Digital ID Projects Exceed $1 Billion

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The push for biometric digital identification (ID) systems across Africa has reached a major financial milestone, with new estimates indicating that the total cost of implementing and maintaining these systems now exceeds US$1 billion.…

10

Report: Biometric-ID Systems Blocking Millions of Africa Citizens from Accessing Services

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Millions of citizens in Africa are unable to obtain essential services that they are entitled to as new digital ID systems continue being imposed across the continent, requiring them to provide biometric and personal information, new…

Thursday, Dec 4

15

AOT 7.0: Lagos Smart-City Projects Reduced Traffic Violations by 30% – Deputy Gov Hamzat

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Lagos Deputy Governor Obafemi Hamzat says smart-city systems have cut traffic violations by 30%, improved security operations, and expanded fibre-optic connectivity to over one million residents.

14

FBNQuest Merchant Bank Confirms New Ownership Structure

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FBNQuest Merchant Bank has formally confirmed the completion of its ownership transition, marking a new phase in the institution’s strategic direction. The development follows the bank’s divestment from First HoldCo Plc and its acquisition…

13

Airtel Africa Begins Process to Appoint New External Auditor

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Airtel Africa Plc has begun a competitive tender to appoint a new external auditor, according to a disclosure filed with the Nigerian Exchange Group (NGX) on Wednesday, December 3, 2025. The process is being led by the Board’s Audit and…

From Importers to Exporters: How NOTAP Could Help Nigeria Turn Gaming Tech into a Global Industry

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If you’ve followed the Gaming Grid long enough, you already know we’ve spent weeks talking about innovation, regulation, fintech, blackmail-by-big-tech, and even the occasional fake-license scandal. But underneath all the noise lies a big,…

12

Verve at 100 Million Cards: What This Milestone Means for Africa’s Payment Landscape

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Verve has achieved a remarkable milestone with the issuance of 100 million payment cards, reinforcing its position as a leading force in Africa’s digital payments ecosystem. Beyond the impressive number, this accomplishment reflects deeper…

Wednesday, Dec 3

21

FGN Bonds DMO Pegs December Savings at 13.84% Interest Rates

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The Debt Management Office (DMO) has opened subscriptions for the December 2025 Federal Government Savings Bonds, giving investors another chance to buy into the monthly issuance programme. The offer for this month includes a 2-Year FGN…

Zenith Bank Shares Rise 0.5% as 54.4m Units Trade on NGX

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Zenith Bank Plc’s share price inched up by 0.5% on Wednesday, December 3, 2025, closing at N60 per share after a busy trading session that showed stronger investor interest. The stock moved between an intraday high of N60.10 and a low of…

Which Nigerian Fintech Trends Are Drawing Global Investors | What Must Change

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Nigeria’s fintech sector has become highly indispensable in Africa, attracting attention from investors worldwide. By early 2025, over 430 fintech companies were operating in the country, a huge jump of 70% from 255 in January 2024. This…

15

Unified Payments Now Processor for PAPSS

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UP (“Unified Payments”), Nigeria’s pioneer Payments & Financial Technology company and the Pan-African Payment & Settlement System (PAPSS) have announced a strategic partnership. Under this partnership, Unified Payments is appointed as:…

14

JUST IN: CBN Scraps Cash Deposit Limits, Raises Weekly Withdrawal Thresholds in Major Policy Shift

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The Central Bank of Nigeria (CBN) has announced sweeping adjustments to the country’s cash-handling regulations, scrapping caps on cash deposits and increasing weekly withdrawal limits for individuals and corporate organisations. The new…

09

Cyber Tsunami Hits Nigeria as Breaches Surge 1,047% | esentry Q3 Report Reveals

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Nigeria encountered a sweeping escalation in cyber threats in Q3 2025, as data breaches affecting Nigerian entities rose by an extraordinary 1,047% compared to the previous quarter. Findings from the newly released esentry Eagle’s Eyes Q3…

07

Verve, Providus Bank Launch ProvidusVerve Travel Card for DettyDecember

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Payment cards and digital tokens brand, Visa, in partnership with Providus Bank, has launched the ProvidusVerve Travel Card. This naira-based travel card is designed to provide inbound travellers with a smooth, secure, and convenient…

Fidelity Bank Launches Virtual Tax Masterclass for SMEs

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Fidelity Bank Plc is set to host a virtual tax masterclass on December 12, 2025, to help small and medium-sized businesses understand the new tax rules coming into effect in 2026. The session will be held on Zoom and will focus on…

Tuesday, Dec 2

13

Quick News Update: Big Tech’s $240bn AI Drive | Nigeria’s ICT GDP Decline | Australia’s Under-16 Social Media Ban

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The technology space is changing very quickly, with new ideas and investments changing how businesses operate and how people use digital services. From spending on infrastructure to fresh regulatory challenges, the sector is moving into a…