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 ...
News
CBN Licenses Preferred Finance Company to Advance MSME Access to Credit
In a move aimed at deepening Nigeria’s financial inclusion and expanding access to credit for underserved enterprises, the Central Bank of Nigeria (CBN) ...
Nigeria
Nigeria Endorses BRICS Agenda on Global Security, AI Governance, and Multilateral Reforms
Nigeria has reaffirmed its commitment to inclusive global governance and regulatory cooperation, pledging full support for key BRICS priorities including peace and security, ...
Fintech
CBN Slams Paystack with ₦250 Million Fine Over Regulatory Compliance Violation in Zap Launch
The Central Bank of Nigeria (CBN) has imposed a ₦250 million fine on leading fintech company Paystack for breaching regulatory requirements in the ...
Nigeria
NCC Moves to Overhaul Two-Decade-Old Telecoms Act to Tackle AI, 5G, and Cybersecurity Gaps
In a landmark move to realign Nigeria’s telecommunications regulatory landscape with global digital trends, the Nigerian Communications Commission (NCC) has announced plans to ...
Innovation
Nigeria Seeks Stronger Trade and Tech Partnerships with Brazil to Boost Bilateral Investment
Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has called for a revitalized economic alliance between Nigeria and Brazil, urging both countries ...
Innovation
Nigeria’s AGF Launches Joint Cybercrime Taskforce to Bolster National Cybersecurity and Regulatory Enforcement
In a decisive move to strengthen Nigeria’s digital security and enhance regulatory enforcement against cybercrime, the Attorney General of the Federation and Minister ...