News
Nigeria: Finance, insurance sector growth slows to 9.29% despite recapitalisation
Nigeria’s finance and insurance sector expanded by 9.29 per cent in real terms in the second quarter of 2026, marking a significant moderation ...
News
Nigeria’s FX turnover plunges to $2.71bn in one week
Foreign exchange turnover in Nigeria’s official market fell by 48.7 per cent week-on-week to $2.71 billion in the week ended August 28, 2026, ...
News
Nigeria: Takaful Could Help Expand Nigeria’s Insurance Market – NAICOM
The National Insurance Commission (NAICOM) has identified Takaful as a potential driver of insurance penetration, financial inclusion and sustainable economic development in Nigeria. ...
Global
Global: Shinhan Partners Visa to Explore Stablecoin Payments and AI-Driven Finance
South Korea’s Shinhan Financial Group has entered into a memorandum of understanding with Visa to explore stablecoin-based payments and artificial intelligence-driven financial services. ...
News
Nigeria: SMEDAN, Zoho deepen digital support for MSMEs
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has partnered with global technology company Zoho to accelerate digital adoption and strengthen ...
News
Nigeria: 192m telephone users connected as fibre-to-the-home reaches 319,735
Nigeria’s telecommunications sector continued its expansion in June 2026, with the number of active telephone subscriptions rising to 192.2 million as fibre-to-the-home (FTTH) ...
News
SA: MTN’s Growth Momentum Shifts Beyond South Africa
MTN Group is increasingly relying on its operations outside South Africa to drive growth, with Nigeria and Ghana among the markets delivering the ...
Ghana
Ghana’s Reserves Drop $1.2bn as Middle East Tensions Pressure Forex Position – BoG
Ghana’s international reserves have declined by $1.2 billion in recent months as heightened tensions in the Middle East and broader global uncertainties put ...
News
Nigeria: FG Seeks More Investment in Innovation Hubs to Drive Nigeria’s Digital Economy
The Federal Government has called for increased investment in technology hubs and innovation spaces across Nigeria, describing them as critical platforms for developing ...
Africa
Africa: Visa partners with _able, Onafriq to expand credit access across Africa
Visa has partnered with credit infrastructure provider _able and African payments company Onafriq to explore new ways of expanding access to formal credit ...