News
Nigeria: PenCom DG Highlights Informal Sector as Next Frontier for Pension Growth and Capital Formation
The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has identified Nigeria’s vast informal sector as a critical growth frontier for pension ...
Africa
Africa: UBA UK Targets $100bn Trade Finance Gap to Boost Africa’s Global Trade
The Chief Executive Officer of UBA UK, Loknath Mishra, has unveiled an ambitious strategy to help close Africa’s estimated $100 billion trade finance ...
Nigeria
Nigerian Banks Clear N300bn USSD Debt, Telcos Confirm
Telecommunications operators have confirmed that Deposit Money Banks (DMBs) have fully settled the estimated ₦300 billion owed for Unstructured Supplementary Service Data (USSD) ...
Kenya
Kenya: Safaricom’s $2.1 Billion Stake Sale to Vodacom Sparks Massive Public Backlash in Kenya
Public meetings about the Kenyan government’s plan to sell a 15% stake in Safaricom for about $2.1 billion have ended. The meetings gave a clear ...
Egypt
Egypt’s Flextock Secures $12.6 Million Series A from TLcom Capital to Scale E-Commerce Fulfillment Across MENA Region
Egyptian e-commerce startup Flextock has secured $12.6 million in a Series A funding round. The investment is led by TLcom Capital, a pan-African venture ...
News
Nigeria: Data privacy issues threaten Nigeria’s financial inclusion
Growing concerns over data privacy and security are emerging as a significant barrier to Nigeria’s financial inclusion drive, despite years of investment in ...
News
Nigeria’s Broadband Penetration Surpasses 51% in 2025
Nigeria’s broadband sector reached a major milestone in December 2025, with total subscriptions exceeding 112 million and national internet penetration rising to 51.97%. ...
Nigeria
Nigeria: NRS unveils timeline for e-invoicing rollout, targets full compliance
The Nigeria Revenue Service (NRS) has announced the implementation timeline for the phased rollout of its Electronic Invoicing and Electronic Fiscal System (EFS) regime, as ...
News
Nigeria is centre of Africa’s single currency plan, says Cardoso
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, said the country’s hosting of the African Monetary Institute and later the African ...
News
Nigeria: Zero-Tariff Deal Signals New Era in Nigeria–China Economic Ties
The Director-General of the Nigeria–China Strategic Partnership (NCSP), Joseph Tegbe, has described the Zero-Tariff Agreement between Nigeria and China as a strategic breakthrough ...