Business

US tightens green card screening with new public

  • 19th August 2026

Christ Embassy enters vehicle market, unveils electric cars

  • 19th August 2026

Nigeria’s IMTO inflows surge 45% to record $1.29bn

  • 19th August 2026

NSDC mobilises $1bn for sugar self-sufficiency

  • 18th August 2026

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FCCPC threatens actions against businesses over mislabelled consumer goods

Policy and Regulations

AI startup Cursor launches Origin code-hosting platform to rival

Tech

Martial arts performing robot maker Unitree’s shares surge over

Tech

TikTok plans peer-to-peer payments via direct messages

Tech

Blog

Tech

GITEX Africa: Microsoft, Mitsumi promote innovation

Microsoft Incorporated, a global technology firm, and Mitsumi Distribution, an artificial intelligence distributor in the Middle East and Africa, will participate in GITEX Africa 2024 in Marrakech, Morocco. Mitsumi Distribution said in a statement that it had plans to show the front line of technological progress and innovation at the event, which would have an […]

Women-only ride-hailing platform HerRyde 'hibernates' after one year
News

Women-only ride-hailing platform HerRyde ‘hibernates’ after one year

After a year of operating in Nigeria’s capital city, Abuja, HerRyde, a ride-hailing platform exclusively for women, has decided to temporarily pause its services, known as “hibernation,” to refine its strategies and secure funding in preparation for an upcoming relaunch, Benjamindada reported. Motivated by a shared desire to create safer transportation options, Oluwafuyi, along with […]

Crypto platform Kucoin suspends P2P trading
News

Crypto platform Kucoin suspends P2P trading

The global crypto exchange Kucoin has announced the suspension of all naira-based peer-to-peer trading. This comes three weeks following a meeting between Nigeria’s Securities and Exchange Commission (SEC) and blockchain industry stakeholders, wherein they were urged to cease peer-to-peer trading. In a notification to users, Kucoin stated, “As part of ongoing efforts to enhance our […]

News

NACCIMA laments naira crash effect on imports, inflation

The Nigerian Association of Chambers of Commerce, Industry, Mining, and Agriculture has expressed its concern over the sharp depreciation of the Naira noting that it poses several problems for the country. This was disclosed in a statement by the National president of the association, Dele Kelvin Oye, according to Leadership. Oye stated that he was […]

First Bank lays off 100 senior staff in restructuring move
Banking

First Bank manager steals N650m from 35 customers

Alex omenye A bank manager from a branch of First Bank in Osogbo, Mr. Adeniyi Talabi, has been apprehended by the Osun State Police Command on Tuesday. The allegation against him is the embezzlement of a staggering N650 million belonging to 35 bank customers. According to the command’s spokesperson, Yemisi Opalola, the suspect supposedly carried […]

Top 25 fastest growing Nigerian companies in 2024
featured News

Top 25 fastest growing Nigerian companies in 2024

Twenty-five Nigerian companies have emerged as the fastest-growing companies in Africa in the Financial Times ranking of the country’s fastest-growing businesses. In the lead is Omniretail, a notable Nigerian payment startup, raked in 139.88m in revenue, while Afex Commodities Exchange, a commodities brokerage, amassed a staggering $415 million. The lineup of 125 companies showcased in […]

News

FG approves SPV for 90,000km fibre optic cable

The Federal Government has approved a special purpose vehicle for the delivery of an additional 90,000 km fibre optic cable to ensure universal internet access in Nigeria This was disclosed in a statement by the Minister of Communications, Innovation, and Digital Economy, Bosun Tijani on Tuesday, according to The Punch. An SPV is a separate […]

Tech

Peacock, Netflix, Apple TV+ join forces for streaming bundle

Major streaming platforms have joined forces to introduce bundled packages, marking a significant shift in the streaming space. Expected to launch this month, the inaugural StreamSaver bundle will integrate Peacock, Netflix, and Apple TV+. Comcast customers will have exclusive access to this bundle, as confirmed by CEO Brian Roberts. Roberts hinted at the tantalizing prospect […]

Oil and Gas

Nigeria’s crude oil production rise to 1.28m/b in April – OPEC

The Organization of Petroleum Exporting Countries monthly oil market report has revealed that Nigeria’s average crude oil production for  April slightly rose to 1.281 million barrels a day. Crude oil production rose by 51 thousand barrels a day from 1.231 million bt to 1.281 mbd, according to direct information provided by the federal government. However, […]

News

CBN unveils 11 Nigerian pre-shipment agents

The Central Bank of Nigeria has approved the appointment of 11 pre-shipment monitoring and evaluation agents for oil and gas exports in Nigeria. This was disclosed via a circular TED/FEM/PUB/FPC/OO1/014, by The CBN’s Director of the Trade and Exchange Department, Dr. Hassan Mahmud dated May 13, 2024, according to Nairametrics. The appointments include nine pre-shipment […]

Top 25 fastest growing Nigerian companies in 2024
featured News

Nigeria’s Omniretail ranked Africa’s fastest growing company in 2024

Nigerian E-commerce company, Omniretail has emerged as the fastest-growing company in Africa in 2024 in the third edition of Africa’s Fastest Growing Companies. OmniRetail, a startup established in 2019, experienced an astonishing surge in revenue, soaring by 772.39% in 2022 to reach $139.8 million. Following closely behind, Mauritian Kyosk Digital, a B2B platform facilitating connections […]

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