Nigeria
Nigeria: Sterling Holdings Shares Dip Amid Regulatory Filing Delays
Sterling Financial Holdings Company Plc experienced a significant decline in market value on Monday, shedding approximately 6% amid high trading volume and regulatory ...
Nigeria
Nigeria: CBN Ups Treasury Bills Offer to ₦550bn Amid Declining Investor Demand
The Central Bank of Nigeria (CBN) has raised the total offer at its latest Treasury Bills (T-Bills) Primary Market Auction to ₦550 billion, ...
Nigeria
Nigeria’s IMF Loan Repayment Sends Strong Signal to Global Markets
Nigeria’s full exit from the International Monetary Fund (IMF) debt list following the repayment of its $3.35 billion emergency loan has been hailed ...
Innovation
Nigeria: SEC Launches Tech Adoption Survey to Drive Innovation in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has rolled out a technology adoption assessment survey for registered Capital Market Operators (CMOs), reinforcing its commitment ...
Innovation
Nigeria Joins Asian Infrastructure Investment Bank to Accelerate Economic and Infrastructure Reforms
The Federal Executive Council (FEC) has approved Nigeria’s full membership in the Asian Infrastructure Investment Bank (AIIB) as a non-regional member, signaling a ...
Innovation
Airtel Africa, SpaceX Forge Strategic Alliance to Expand Starlink’s High-Speed Internet Across Africa
Airtel Africa has announced a strategic partnership with SpaceX to roll out Starlink’s high-speed satellite internet services across the continent, marking a pivotal ...
Nigeria
NDDC Alerts Public to Fraudulent Scholarship Scams Exploiting Nigerians
The Niger Delta Development Commission (NDDC) has issued a stern warning to Nigerians about the rising threat of fraudulent scholarship schemes targeting unsuspecting ...
Fintech
LemFi’s $53M Series B Powers 29x Exit for Silverbacks Holdings, Reinforces Investor Confidence in Nigerian Fintech
LemFi, a fast-growing Nigerian cross-border remittance platform, made headlines with its $53 million Series B raise in January 2025—an event that also marked ...
Nigeria
Meta Threatens to Suspend Facebook and Instagram in Nigeria Amid $300M Regulatory Dispute
Meta Platforms Inc., the parent company of Facebook and Instagram, has issued a stark warning that it may be forced to cease operations ...
Africa
AfDB Unveils $2.95 Billion Strategic Investment Plan to Support Nigeria’s Economic Transformation
The African Development Bank (AfDB) has unveiled a bold new five-year Country Strategy Paper (CSP) for Nigeria, committing $2.95 billion to advance the ...