News
Nigeria: Cardoso says Foreign Reserves now $49 billion
Nigeria’s net foreign reserves have risen to $49 billion in a remarkable sustained recovery from about $3 billion recorded in May 2023. Governor, ...
Nigeria
Nigeria: Fed Govt adopts ‘investment budgeting’ to drive private-sector led growth
As part of a new Domestic Growth Acceleration Strategy (DGAS), the Federal Government has said it is changing its role in the economy from ...
Nigeria
Nigeria: CBN, NCC move to enforce instant refunds for failed airtime, data transactions
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have proposed a 30-second refund timeline for failed airtime and data ...
Africa
African start-ups secure $174m in January as deal count hits record low
African start-ups raised a combined $174m in January 2026 from deals of $100,000 and above, spanning equity, debt and grants, even as the ...
Nigeria
Nigeria: CBN flags fintech sector’s heavy reliance on foreign capital
Nigeria’s fintech industry, despite being one of the fastest-growing in Africa, remains significantly dependent on foreign investment, a vulnerability that exposes the sector ...
Africa
Africa: Standard Bank leads push to unlock global capital for Africa
Standard Bank’s Corporate and Investment Banking division is stepping up efforts to channel global capital into Africa’s priority sectors through the second edition ...
Africa
Africa: Fintech momentum cools as cyber risks take centre stage – Report
Africa’s financial services sector is entering a phase of strategic consolidation, with the long-running fintech hype beginning to fade just as cybersecurity risks ...
News
Nigeria risks losing up to $2tn by sidelining blockchain opportunities
Nigeria could forfeit as much as $2 trillion in economic value if it fails to fully harness opportunities in the blockchain sector, according ...
News
Nigeria: PenCom accredits first pension agent to drive Personal Pension Plan enrolment
The National Pension Commission (PenCom) has accredited its first pension agent to support enrolment into the Personal Pension Plan (PPP), marking a key ...
Ghana
Ghana pushes stronger legal frameworks for digital innovation
The Government of Ghana has reaffirmed its commitment to strengthening legal and policy frameworks to support the country’s growing digital economy. The Deputy ...