Business

African startups raise $102m in lowest month since

  • 3rd August 2026

Otedola targets 51% controlling stake in First HoldCo

  • 3rd August 2026

Nigeria can boost global creative edge via indigenous

  • 3rd August 2026

UK state investment agency faces security review after

  • 3rd August 2026

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Visa expands cybersecurity push with $2.4bn BioCatch acquisition

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NRS mandates tax ID for crypto account activation

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African startups raise $102m in lowest month since 2025

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Otedola targets 51% controlling stake in First HoldCo

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FAAN begins sale of E-tags for federal airports
Aviation

Cargo agents halt operations at MMIA over FAAN tariff hike

Cargo agents at Murtala Muhammed Airport have suspended cargo processing to protest the Federal Airports Authority of Nigeria’s proposed increase in cargo tariffs. The National Association of Government Approved Freight Forwarders confirmed the suspension of operations on Monday, while another group stated that the new tariff has been temporarily put on hold, according to The […]

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Nigeria delivers fully equipped Africa Energy Bank headquarters to APPO

Nigeria on Monday officially transferred the fully equipped headquarters of the Africa Energy Bank to the Association of African Petroleum Producing Countries, a significant step toward mobilising sustainable funding for oil and gas projects across Africa. The handover, held in Abuja, was led by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, […]

Business

FG to share electricity subsidy burden with states, LGs

The Federal Government has announced plans to stop bearing electricity subsidy costs solely, unveiling a new framework that will share the responsibility among the federal, state, and local governments starting in 2026. The Director-General of the Budget Office of the Federation, Tanimu Yakubu, made this known on Monday in Abuja at a training and sensitisation […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI unveils standalone Codex app for Apple users

OpenAI has launched a standalone app for its AI-powered coding assistant, Codex, now temporarily available to all ChatGPT users on Apple computers. The app features a simple interface and acts as a “command center,” allowing developers to manage multiple AI agents at once. These agents can independently carry out tasks such as writing code. AI […]

Access Bank nears final stages of National Bank of Kenya acquisition
Banking

Access Bank appoints Ifeyinwa Osime as board chairman

Access Bank Plc has named Mrs. Ifeyinwa Osime as Chairman of its Board of Directors, succeeding Mr. Paul Usoro, SAN, who retired on January 29, 2026, after completing his regulatory term. The appointment was announced by Access Holdings Plc in a corporate filing dated February 2, 2026. As a major subsidiary of Access Holdings, Access […]

Fraud losses decline in Nigerian banks in Q1 2024 - Report
Banking

First Abu Dhabi Bank plans Lagos office for Africa expansion

First Abu Dhabi Bank has revealed plans to establish a representative office in Lagos as part of its expansion into sub-Saharan Africa. The announcement was made on Monday by the bank’s Group Head of Wholesale Banking, Martin Tricaud, during the maiden Investopia Africa event in Lagos. The bank also collaborated with Afreximbank to secure $1.126 […]

featured News

Fire razes sections of Kano’s Singa market

A fire outbreak in the early hours of Monday has razed parts of Singa Market in Kano metropolis, leaving traders and residents in panic. The inferno reportedly broke out at about 3:00 a.m., affecting several sections of the popular market, including Gidan Mazaf, Gidan Taki, and Gidan Katsinawa along Bello Road. Eyewitnesses said the fire […]

Scams

Osun assembly raises alarm over alleged N50bn diverted LG funds

The Osun State House of Assembly has raised the alarm over the alleged illegal payment and handling of billions of naira from Osun local councils’ funds by APC chairmen through the alleged machinations of the Minister of Marine and Blue Economy, Gboyega Oyetola, and a deposit money bank. The House also condemned and decried reports […]

Electricity

Why Ondo doesn’t generate electricity – Aiyedatiwa

Ondo State Governor Lucky Aiyedatiwa has explained why the state has not yet commenced independent electricity generation, despite the federal government transferring regulatory oversight to it. The governor stated that his administration is not relenting in seizing the opportunity provided by the federal government to enable the state to generate electricity independently and distribute it […]

featured Finance

10 strongest African currencies in January 2026

The strongest currencies in Africa in 2026 are more than just numbers on a chart; they reflect stable economies, sound monetary policies, and growing investor confidence. Several African countries have maintained strong currencies against the U.S. dollar, reflecting various degrees of fiscal discipline, monetary policy effectiveness, and economic structure. Currency strength remains a vital indicator […]

Business

Nigeria’s data protection sector now worth N16.2bn – NDPC

Nigeria’s data protection sector has grown into a N16.2 billion industry just two years after formal regulation, the Nigeria Data Protection Commission has revealed. NDPC’s National Commissioner and CEO, Dr. Vincent Olatunji, made this disclosure during a media workshop and capacity-building session in Lagos. The Commission attributed the growth to increased enforcement, higher compliance activity, […]

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