. Nigerian fintech Saly AI has surpassed 20,000 users and processed more than N1.5 billion in transaction volume as it expands its conversational financial services through WhatsApp and Telegram. The ...
. A Federal Capital Territory High Court judgment against Stanbic IBTC Bank has highlighted the growing legal and reputational risks businesses face when they continue using customers’ personal inform...
. Nigerian autonomous-systems company Terra Industries has appointed former SpaceX executive Ben MacWilliams as its Vice President of Strategy, bringing an executive with extensive experience expandin...
. Google is offering eligible Nigerian students a year of free access to its paid AI service, expanding efforts to put advanced artificial intelligence tools in the hands of young people across the co...
. Nigeria’s equities market extended its decline for a seventh consecutive trading session on Wednesday, August 19, 2026, as investors continued to take profits across major stocks. However, analysts ...
. OPay is stepping up investment in compliance, artificial intelligence and risk management as the fintech seeks to strengthen customer protection and build greater trust across Nigeria’s rapidly expa...
. Zenith Bank Plc has obtained approval from the Nigerian Exchange Limited (NGX) for a six-week extension to submit its audited financial statements for the half-year ended June 30, 2026. The extensio...
. A Nigerian technology startup, ArketData, is seeking to tackle one of the country’s persistent consumer problems uncertainty over the actual prices of food and groceries by combining verified ...
. Nigeria’s government is expected to receive about $40.64 million (₦54.6 billion) from MTN Nigeria’s $406.37 million (₦545.9 billion) dividend payout, as the telecom company returns a significant por...
. The National Insurance Commission (NAICOM) has revoked the operating licence of Universal Insurance Plc after the insurer failed to satisfy the new minimum capital requirement for non-life insurance...
. Nigeria’s telecommunications industry is moving towards a gradual retirement of older mobile technologies as operators increase investments in 4G and 5G networks. However, the transition could leave...
. The FMDQ Exchange recorded a total market turnover of ₦426.51 trillion ($310.18 billion) between January and July 2026, as heightened activity in foreign exchange, Open Market Operations (OMO) bills...
. Investment returns emerged as a stronger contributor to earnings than core insurance operations for many listed Nigerian insurers in the first half of 2026, highlighting the growing importance of in...
. Nigeria’s Federal Government has placed public-sector demand at the heart of its new National Digital Cloud Policy, seeking to use government procurement to stimulate investment in cloud infrastruct...
. Kuda Bank is shifting from the simple, low-cost digital banking proposition that helped establish its brand in Nigeria, as the fintech looks to build a broader financial-services business around its...
. Standard Bank Group, Africa’s largest lender by assets, is considering an investment in Nigerian fintech OPay Digital Services as the payments company prepares for a potential listing in the United ...
. Nigeria’s accelerating adoption of artificial intelligence (AI) is creating opportunities across finance, technology, governance, media and public services, but experts are increasingly stressing th...
. Abubakar Jimoh, Group Chief Executive Officer of TrustBanc Financial Group, has called for greater use of artificial intelligence in assessing small-business borrowers and the creation of dedicated ...
. Standard Chartered Bank Nigeria Limited has partnered with Junior Achievement Nigeria (JAN) to train more than 600 young Nigerians in practical digital skills, as both organisations seek to improve ...
. Access Holdings Plc has secured an extension from the Nigerian Exchange Limited (NGX) to publish its audited financial statements for the half-year ended June 30, 2026, citing delays in completing t...
. Fifteen companies listed on the Nigerian Exchange (NGX) have delivered returns of more than 100% in 2026, significantly outperforming the broader equities market despite the recent wave of profit-ta...
. Nigeria’s National Information Technology Development Agency (NITDA) has warned users of Zoom about a critical security vulnerability that could allow attackers to take control of affected accounts ...
. Nigeria’s fixed broadband performance has recorded a significant improvement, with median download speed rising 155% to 34.47 Mbps in the first half of 2026, as the country’s fibre infrastructure co...
. Nigerian fintech startup Pouchers has raised $500,000 in pre-seed funding as it moves out of beta and prepares to expand its stablecoin-powered payments platform. The startup is building infrastruct...
. The Central Bank of Nigeria (CBN) has reopened access to its Open Market Operations (OMO) securities for individuals, companies and non-bank financial institutions, creating a new high-yield investm...
. Meta and the Federal Government of Nigeria have launched a new AI Academy initiative aimed at helping Nigerian startups and developers build practical artificial intelligence solutions, with selecte...
. PwC Nigeria has identified several potential tax and compliance challenges in the Nigeria Revenue Service’s (NRS) newly issued guidelines for taxing virtual assets, warning that taxpayers and digita...
. Nigeria’s equities market extended its recent correction on Friday, August 14, with investors continuing to take profits across major stocks and pushing the market to its fifth consecutive losing se...
. Investors placed a combined N4.93 trillion in bids at the Central Bank of Nigeria’s (CBN) latest Open Market Operations (OMO) auction, underscoring strong appetite for short-term government securiti...
. Airtel Nigeria has crossed the 17,000-cell-site milestone, strengthening its nationwide network as the telecommunications operator continues to invest heavily in expanding connectivity and adding ca...
. African fintech giant OPay has reported a major turnaround in its financial performance, recording a $72.47 million net profit in 2025 after posting a $50.98 million loss a year earlier. The profita...
. MTN Nigeria has launched the Y’ello Street Museum, an immersive public exhibition in Lagos documenting the company’s 25-year journey and the broader transformation of communication, technology and d...
. The National Insurance Commission (NAICOM) has confirmed seven additional insurance companies as having satisfied Nigeria’s revised minimum capital requirements, bringing the number of compliant ope...
. Airtel Nigeria has significantly accelerated its 5G network expansion, integrating more than 1,000 new 5G sites over the past year as the telecommunications operator moves to meet rapidly increasing...
. Nigerian fintech company Theparkpay Technologies Limited has launched a new digital application that gives individuals and businesses direct access to its cross-border payment infrastructure, markin...
. Aradel Holdings Plc is targeting 2027 to begin petrol production at its modular refinery, as the indigenous energy company moves to expand its refining operations following the deregulation of Niger...
. Nigeria’s business environment has undergone a profound transformation over the past 25 years, with mobile connectivity evolving from a basic communication service into a critical tool for commerce,...
. Nigeria’s insurance industry has raised at least N720 billion through the recently concluded recapitalisation exercise, strengthening the financial capacity of compliant operators even as experts ca...
. The Central Bank of Nigeria (CBN) has opened applications for the second cohort of its Regulatory Sandbox Programme, creating a dedicated testing route for fintechs developing financial services aro...
. Technology, agriculture and healthcare have emerged as the sectors Nigerians consider most important for job opportunities, although employment priorities vary significantly across the country’s six...
. Nigeria’s equities market extended its recent decline on Wednesday, August 12, 2026, as intensified selling pressure on consumer goods stocks and several large-cap counters erased about N1.76 trilli...
. The Economic Community of West African States (ECOWAS) is advancing plans for a regional carbon market as the bloc seeks to close an estimated $294 billion climate finance gap and attract greater in...
. The National Information Technology Development Agency (NITDA) has issued a security alert to WordPress website owners and administrators over a newly identified vulnerability that could allow attac...
. The Central Bank of Nigeria (CBN) has relaxed restrictions governing financial institutions’ access to its Discount Window, allowing institutions that participate in the foreign exchange market and ...
. As cryptocurrency adoption continues to reshape Nigeria’s digital finance landscape, Ridima is positioning its platform as a faster route for converting digital assets into naira, targeting one of t...
. The Central Bank of Nigeria (CBN) injected a net ₦5.21 trillion into the banking system between August 4 and August 11, 2026, as maturities of Open Market Operations (OMO) and Treasury Bills returne...
. Nigerians now have direct access to a wider range of premium computing and consumer technology products following the opening of ASUS’ first flagship experience store in West Africa, launched in par...
. Nigeria’s equities market reversed sharply on Tuesday, August 11, 2026, as investors took profits from recently surging large-cap stocks, erasing about ₦1.17 trillion in market value and bring...
. The National Information Technology Development Agency (NITDA) has signed Memoranda of Understanding (MoUs) with two Canadian technology companies, Goose FL and Fireflies AI, as Nigeria steps up eff...
. More than 5,000 fibre-optic cable cuts were recorded across Nigeria in the first six months of 2026 as road construction, excavation and other civil engineering activities disrupted critical telecom...
. Terroso Group, through its subsidiary Terroso Agriculture, has joined the Global Cold Chain Alliance (GCCA) in a strategic move aimed at strengthening Nigeria’s food preservation infrastructure and ...
. KudiWave Technologies Limited has challenged the transfer of ₦750.37 million from its account with PalmPay Limited, questioning the legal basis for the transaction and the account to which the funds...
. As Nigerians increasingly look for ways to match their investments with specific financial objectives, First Asset Management has highlighted the importance of choosing investment products based on ...
. Nigeria and Ghana are among several West African economies where the rising cost of servicing external debt is competing with public health spending, according to the African Development Bank (AfDB)...
. Technology experts have welcomed the Central Bank of Nigeria’s (CBN) decision to require local storage and management of payment data generated in Nigeria, but warned that inadequate infrastru...
. Digital payment infrastructure could play a critical role in helping Nigeria’s micro, small and medium enterprises (MSMEs) overcome persistent financial and operational challenges, according to eTra...
. The Financial Reporting Council of Nigeria (FRC) is set to lead a national conversation on the future of auditing as artificial intelligence increasingly changes how businesses prepare financial rep...
. Globacom has introduced “Gloria,” an artificial intelligence-powered virtual assistant, as the Nigerian telecommunications company marks its 23rd anniversary with a renewed focus on digital services...
. Nigeria has introduced a new layer of tax compliance requirements for cryptocurrency and other virtual-asset businesses, placing greater responsibility on Virtual Asset Service Providers (VASPs) to ...
. Nigeria’s telecommunications revolution may have transformed connectivity over the past 25 years, but major infrastructure gaps persist across the country, with 18 states still recording less ...
. Nigerian listed companies generated a combined ₦179.5 billion in finance income from investments such as Treasury Bills, government securities and bank placements in the first half of 2026, highligh...
. The Nigerian Exchange (NGX) has been advised to maintain a careful distance from partisan politics and protect its independence as Nigeria approaches another election cycle. The call follows the rec...
. Nigerian fintech company OPay has launched a nationwide savings campaign designed to encourage customers to build more consistent saving habits amid rising household costs and growing demand for acc...
. Nigerian banks are easing restrictions on international transactions conducted with naira-denominated debit cards, signalling growing confidence that improved foreign-exchange liquidity can support ...
. The Nigerian Exchange Limited (NGX) is calling on the Federal Government to use the capital market to broaden public ownership of major national assets, including Indorama Eleme Petrochemicals Limit...
. Nigerian cryptocurrency platform Roqqu has expanded beyond digital asset trading with the launch of tokenised stocks, positioning the company as a broader investment platform offering users access t...
. The Central Bank of Nigeria (CBN) recorded a sharp reduction in personnel expenses in 2025, with staff-related costs falling by ₦193.14 billion, or 32.4 per cent, following the implementation of its...
. Nigeria’s rapidly expanding digital asset market is set for a major regulatory shift as the government introduces clearer tax obligations for cryptocurrencies, stablecoins, non-fungible tokens (NFTs...
. Sorveo, a Nigerian enterprise technology company specialising in artificial intelligence-driven video intelligence, has unveiled a new AI-powered platform designed to help organisations transform co...
. Nigeria’s regulated naira-backed stablecoin, cNGN, has expanded its blockchain footprint with its launch on the Celo network, a move expected to strengthen cross-border payments, remittances a...
. Nigeria’s smartphone market could face another wave of price increases as the global race to build artificial intelligence (AI) infrastructure puts pressure on semiconductor supplies, raising concer...
. Energy expenses continue to weigh heavily on Nigerian businesses and households, even as expectations of further inflation moderation improve, according to the Central Bank of Nigeria’s (CBN) July 2...
. Despite the Federal Government’s sweeping tax reforms aimed at simplifying Nigeria’s fiscal system, multiple taxation remains the biggest obstacle facing businesses, according to the lat...
. Aradel Holdings Plc has marked more than three decades of operations with a renewed commitment to sustainable growth, shareholder value and strategic expansion, as the indigenous energy company held...
. Rex Insurance Limited has successfully met the new Minimum Capital Requirement (MCR) introduced by the National Insurance Commission (NAICOM) under the Nigerian Insurance Industry Reform Act (NIIRA)...
. Nigeria has emerged as Africa’s highest-ranked country in responsible artificial intelligence (AI), reinforcing its growing influence in shaping AI governance across the continent. However, experts ...
. African mobility fintech company Moove has secured a $250 million Series C funding round, lifting its valuation to $2.1 billion and cementing its position among the continent’s most valuable technol...
. Technology company Panora has announced its entry into Nigeria’s expanding smart security market, introducing digital security solutions designed to address the growing demand for intelligent survei...
. Digital payments platform Nosh has underscored the importance of trust, customer-focused innovation and long-term user retention as critical drivers of the next phase of growth in Nigeria’s fi...
. Demand for credit from Nigerian businesses and households strengthened during the second quarter of 2026, while banks recorded fewer loan defaults across most segments of the economy, according to t...
. Global technology company ASUS has strengthened its footprint in Africa with the launch of its first flagship retail store on the continent, choosing Nigeria as the location for the landmark investm...
. Microsoft has identified digital trust as the cornerstone of Nigeria’s next phase of digital transformation, warning that sustained growth in the country’s rapidly expanding technology ecosystem wil...
. Nigeria’s telecommunications industry has recorded a significant increase in mobile phone usage, with the country’s telephone density rising by 10 per cent within one year, a growth largely attribut...
. IHS Towers has moved a step closer to becoming a wholly owned subsidiary of MTN Group after shareholders approved the telecommunications giant’s proposed $6.2 billion acquisition of the tower infras...
. Nigeria is positioning itself as one of Africa’s most ambitious markets in the race toward widespread 5G adoption, as the continent’s next-generation mobile network rollout gathers momentum and is p...
. Nigeria’s equities market reversed recent gains on Tuesday as renewed selling pressure on major stocks, including Nestlé Nigeria Plc and First HoldCo Plc, dragged market capitalisation lower by N599...
. The Central Bank of Nigeria (CBN) says its ongoing monetary and foreign exchange reforms are yielding measurable results, with the gap between the official naira exchange rate and Bureau de Change (...
. Artificial intelligence (AI) adoption among formal businesses in Nigeria has accelerated dramatically over the past three years, with the country now recording enterprise AI usage levels comparable ...
. Globacom emerged as Nigeria’s fastest-growing mobile internet provider in May 2026, recording the highest increase in internet subscribers among the country’s major telecommunications op...
. Nigeria has emerged as both a launch point and a major victim market in Africa’s growing cybercrime ecosystem, according to the latest findings from the International Criminal Police Organisation (I...
. Nigeria’s financial technology revolution has transformed the way millions of people save, borrow and make payments, but a new analysis suggests the rapid rise of fintech companies may be plac...
. n a move aimed at expanding access to digital skills education, Zedcrest Wealth has unveiled the Zedcrest Wealth Academy Scholarship, a new initiative designed to equip young Nigerians with in-deman...
. Nigeria’s equities market opened the new trading month on a positive note, with gains in major banking stocks helping investors add ₦288.44 billion in market value despite a broader wave of se...
. Nigeria is set to expand its digital asset tax framework as the Federal Government moves to apply 1.5% stamp duty charges on cryptocurrency transactions conducted through Bitcoin and USDT, in a fres...
. Guinea Insurance Plc has announced the successful completion of a ₦12.6 billion capital raise, declaring that the fresh injection of funds has pushed the company beyond the new minimum capital requi...
. Cryptocurrency exchanges operating in Nigeria could face an initial ₦10 million penalty and additional monthly fines if they fail to comply with new tax reporting obligations introduced under the Ni...
. The Central Bank of Nigeria (CBN) has announced plans to raise N700 billion through its first Nigerian Treasury Bills (NTBs) auction for August 2026, reinforcing its ongoing strategy to manage exces...
. Telecommunications company Lebara Nigeria has partnered with fintech infrastructure provider Payaza as the exclusive payment partner for its new commerce hub, a move aimed at improving digital trans...
. Chellarams Plc has staged a strong financial turnaround, returning to profitability in the first quarter of 2026 after posting a significant increase in revenue, improved margins and lower financing...
. LivingTrust Mortgage Bank Plc reported a sharp decline in profitability for the first half of 2026, with profit before tax plunging 76% year-on-year, even as the lender recorded robust growth in cus...
. As Nigeria’s digital payments ecosystem continues to expand, fintech giant OPay has unveiled a new brand campaign aimed at reinforcing customer confidence, stressing that trust in financial se...
. FirstHoldCo Plc has achieved a historic milestone on the Nigerian Exchange (NGX), becoming the first banking group in the country’s history to attain a market capitalisation exceeding N6 trill...
. Nigeria’s equities market extended its remarkable recovery in July, producing extraordinary gains for investors as two listed companies delivered returns exceeding 100% within a single month, ...
. Nigerian location technology startup Maiaddy has launched Maimaps, a navigation platform designed specifically for the Nigerian market, marking a significant step toward solving one of the country&#...
. Oando Plc has reported a significantly improved financial performance for the first half of 2026, cutting its pre-tax loss by more than three-quarters as a robust second-quarter performance returned...
. Nigeria is embracing artificial intelligence (AI) at one of the fastest rates in Africa, but a new report warns that the country risks becoming a long-term consumer of foreign AI technologies unless...
. FirstBank of Nigeria has cautioned that recent improvements in Nigeria’s macroeconomic indicators will have little impact on ordinary citizens unless they translate into stronger private-secto...
. Nigeria’s ambition to become a major player in the global artificial intelligence (AI) race could be limited by one critical weakness: the country’s inability to effectively organise, share and util...
. Nigeria’s telecommunications sector continued its upward trajectory in June 2026, with active mobile subscriptions rising to 189.4 million, while MTN Nigeria moved closer to the historic miles...
. Aradel Holdings Plc posted a record financial performance in the first half of 2026, reporting a 293.4% year-on-year increase in profit before tax (PBT) to ₦752.7 billion, as higher crude oil produc...
. The Central Bank of Nigeria (CBN) absorbed approximately ₦7.18 trillion from the financial system through Open Market Operations (OMO) auctions in July 2026, signaling a subtle but significant adjus...
. Berger Paints Nigeria Plc delivered a strong financial performance in the first half of 2026, posting a 27% year-on-year increase in profit before tax (PBT) to ₦1.20 billion, driven by sustained dem...
. Artificial intelligence is rapidly becoming a fixture in Nigerian classrooms, transforming how students learn and how teachers prepare lessons. But while the technology promises to improve education...
. Nigeria and other developing economies could fall behind in the global artificial intelligence (AI) race unless they move quickly to adopt and adapt the technology to address local challenges, the W...
. The Central Bank of Nigeria (CBN) is intensifying regulatory oversight of the banking sector following the conclusion of the industry’s recapitalisation exercise, amid growing concerns over th...
. Nigeria is positioning itself for a bigger role in Africa’s emerging 5G market as the continent’s fifth-generation mobile connections are projected to exceed 380 million by 2030, according to the la...
. Nigeria’s long-term economic competitiveness will depend less on acquiring new technologies and more on strengthening institutional coordination across government, regulators and the private s...
. Former World Bank President David Malpass has cautioned Nigeria against increasing reliance on opaque, collateral-backed borrowing arrangements, warning that such financing structures could complica...
. Nigeria’s insurance industry has recorded significant progress in its ongoing recapitalisation exercise, with more than 70 percent of insurance companies completing the mandatory capital verif...