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NITDA partners Canadian tech firms on AI, digital

  • 12th August 2026

Tinubu unveils reform to unlock $50bn deep offshore

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Finance ministry demands legal basis for N680m NAICOM

  • 10th August 2026

NGX listed firms earned ₦179.5bn finance income in

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NCAA plans real-time baggage tracking for air passengers

Aviation

NITDA partners Canadian tech firms on AI, digital innovation

Business

Tinubu unveils reform to unlock $50bn deep offshore investments

Business

Millions gather in Spain, Iceland for total solar eclipse

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Blog

Europe’s largest asset manager warns against US stablecoin boom
News

US investor Pompliano launches $1bn Bitcoin treasury firm

Prominent U.S. investor and entrepreneur Anthony Pompliano has announced the formation of a new bitcoin treasury company that aims to hold up to $1 billion worth of the world’s largest cryptocurrency on its balance sheet. In a statement released Monday, Pompliano revealed that his financial services firm, ProCap BTC, will merge with Columbus Circle Capital […]

Maritime

Strait of Hormuz maritime traffic drops amid escalating Middle East tensions

Strait of Hormuz Shipping Traffic Drops Amid Escalating Middle East Tensions Traffic through the strategically crucial Strait of Hormuz is showing signs of decline, the world’s largest shipping association has said, as fears grow over an expanding conflict in the Middle East. The head of security at Bimco, Jakob Larsen, noted that shipowners are watching […]

Walmart increases stake in Flipkart with 3.5bn
Tech

Walmart-backed PhonePe to launch $1.5b IPO in India

Walmart-owned PhonePe, India’s leading digital payments platform, is set to file initial paperwork for an Initial Public Offering that could raise up to $1.5 billion, according to sources familiar with the plans. Bloomberg reports that the offering could value the fintech firm at approximately $15 billion, with PhonePe aiming to file its draft red herring […]

BOI extends RAPID funding application deadline for MSMEs
Banking

BOI unveils sustainable finance framework to drive inclusive, green growth

The Bank of Industry has unveiled its Sustainable Finance Framework, a strategic plan that underscores its dedication to promoting responsible, inclusive, and environmentally sustainable development nationwide. The framework is aligned with BoI’s 2025–2027 corporate strategy, which focuses on long-term development impact, environmental responsibility, social inclusion, and the creation of shared value—while tackling both national and […]

Business

NSITF pledges to promote workplace safety across Nigeria

The Nigeria Social Insurance Trust Fund has committed to promoting a strong culture of safety across the country, particularly in workplaces. This pledge was made by the Fund’s Managing Director, Mr. Oluwaseun Faleye, during a courtesy visit by the President of the Institute of Safety Professionals of Nigeria, Dr. Udezi Stephen, to the NSITF Corporate […]

Business

FG to establish Nigeria’s first national export trading company

The Federal Ministry of Industry, Trade and Investment, in collaboration with the Nigeria Commodity Exchange and the Africa Trade and Distribution Company is establishing the country’s first National Export Trading Company To enhance Nigeria’s trade infrastructure and unlock its export potential. Discussions are reportedly at an advanced stage for the proposed National Export Trading Company, […]

Chowdeck acquires POS restaurant startup Mira
News

Chowdeck acquires POS restaurant startup Mira

Nigerian on-demand delivery startup Chowdeck has acquired Mira, a one-year-old restaurant point-of-sale and management platform, in a strategic move to expand beyond logistics and into the operational backbone of food businesses. Though financial details of the deal remain undisclosed, Chowdeck CEO Femi Aluko said the acquisition will directly address long-standing gaps in inventory management — […]

News

Lagos reduces truck parking fee on Lekki-Epe axis

Tanker drivers using the Lekki-Epe corridor in Lagos State will now pay N10,000 per truck to access parks provided under the E-Call Up system. The fee was reduced from N12,500 after a meeting between the Lagos State Government and stakeholders on Thursday. The National President of the National Association of Road Transport Owners, Yusuf Othman, […]

News

FG commits ₦200bn to strengthen food production nationwide 

The Federal Government has invested over ₦200 billion in the agricultural sector to boost food production and strengthen national food security. This was disclosed in a statement on Sunday by the Minister of Agriculture and Food Security, Abubakar Kyari. Kyari said “The ministry has invested over N200bn in terms of intervention and has also given […]

European retailers urge EU to tackle high Visa, Mastercard fees
Business

Mastercard, Enza partner to boost fintech connectivity across Africa

Mastercard has partnered with payment solutions provider enza to connect fintech companies across Africa to its network, aiming to better serve both consumers and businesses. The collaboration was disclosed in a statement on Saturday, according to The Punch. A European Investment Bank report shows that the number of fintech companies in Africa has nearly tripled […]

PoS transactions hit N223tn as Nigerians shift away from ATMs
News

PoS transactions hit N223tn as Nigerians shift away from ATMs

Point of Sale transactions in Nigeria surged to N223.27 trillion in 2024, marking a 102.3 percent increase from N110.35 trillion in 2023, according to the Central Bank of Nigeria’s latest quarterly statistical bulletin. The data reflects a growing preference among Nigerians for POS platforms over traditional Automated Teller Machine withdrawals. The number of POS transactions […]

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