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AfDB Invests $1.44bn to Support Infrastructure Development in Nigeria

The African Development Bank has invested $1.44 billion to support the development of energy and power, transport, water, and sanitation…

BDCs Operators Get December Deadline to Reapply as CBN Gives Fresh Guidelines

The Bureau de Change (BDC) operators in Nigeria have till December this year to reapply and the Central Bank of…

Dangote Foundation Distributes Bags of Rice to Host Communities

The Aliko Dangote Foundation (ADF)’s N15 billion National Food Intervention programme has landed in Yewa land as the Foundation commenced…

HARD TIMES: Jumia Unveils Buy Now Pay Later in Partnership with Easybuy & CredPal

Jumia, one of Africa’s leading e-commerce platforms, has announced two new Buy Now, Pay Later (BNPL) partnerships in Nigeria with Newedge (Easybuy), a…

Nigeria’s Flutterwave, Only Africa-Focused Company Listed on CNBC’s 2024 Disruptor 50 List

Flutterwave, only Africa-focused company to make CNBC’s 2024 Disruptor 50 List Flutterwave, Africa’s leading payment technology company, has earned a spot…

JUST IN: At Last CBN Clears Mobile Money Operators on Customer Onboarding

The Central Bank of Nigeria (CBN) says mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint…

NCC Parleys Stakeholders on Suspended Telecoms Licences Issuance, Seeks Industry Input on Refined Regulations 

The Nigerian Communications Commission (NCC) said the suspension of issuance of  the three telecoms licences namely: Interconnect Exchange Licence, Mobile Virtual…

Innovation ‘Essential to Growth of African Enterprises’, Says SAP

AMA PRESS RELEASE Technology and business leaders today met at the SAP Innovation Day in Johannesburg to discuss how businesses…

JUST IN: CBN Raises Interest Rate to 26.25 % Amid Soaring Inflation Levels

The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to…

Lagos Unveils Cybersecurity Project Ahead of Passage of Innovation Bill to Secure IT Infrastructure

The Lagos State government has launched its cybersecurity project designed to safeguard the State’s digital infrastructure against potential attacks that…