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CBN Expresses Concern Over Foreign Investments in Nigeria Fintechs

The Central Bank of Nigeria in its 2025 Fintech Policy Insight Report, has raised concern over Nigeria’s fintech sector heavily dependent on foreign investment, exposing it to swings in global markets. The report said the sector has shown resilience despite global economic pressures, but warned that reliance on external capital leaves it vulnerable to market […]

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EFInA Unveils Research Fellowship Programme to Deepen Financial Inclusion Impact

Enhancing Financial Inclusion and Advancement (EFInA) has selected three fellows for its inaugural EFInA Research Fellowship Programme, an eight-month initiative aimed at strengthening evidence on how financial inclusion policies, products, and services translate into real improvements in people’s lives and livelihoods. The Fellowship marks a strategic shift in Nigeria’s financial inclusion agenda—from a longstanding focus […]

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MOJEC Deploys 400,000 Smart Electricity Meters in 2025

MOJEC International Limited has revealed that it deployed over 400,000 smart meters nationwide in 2025, representing a significant year-on-year growth for the indigenous smart meter manufacturer. This performance reflected a 33.3 percent increase over the 300,000 meters deployed in 2024, highlighting the scale and acceleration of MOJEC’s metering operations. Chantelle Abdul, group managing director, attributed […]

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Globacom Donates ₦1 billion to Lagos State Security Trust Fund

In its bid to contribute its quota to the consolidation of security in Nigeria’s commercial capital, Lagos, telecommunications giant, Globacom, has thrown its weight behind the Lagos State Security Trust Fund (LSSTF) with a donation of ₦1 billion. The generous donation was announced at a Private Sector Breakfast Meeting with CEOs, convened at the instance […]

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Airtel Nigeria Commits to Upgrade of its Network Infrastructure for Improved Quality of Service

Airtel Nigeria has unveiled a robust update on a range of network, infrastructure and technology advancements that position the company at the forefront of quality of service leadership in Nigeria’s telecommunications industry. Announced at its first media roundtable of 2026, the updates reflect sustained investments made over the past 12 to 24 months and signal […]

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PWc Study Shows AI Scaling Gap Slows Africa’s Digital Transformation

African CEOs continue to trail their global counterparts in deploying artificial intelligence (AI) across business functions, as they remain stuck in experimental AI phases, finding it difficult to scale initiatives into enterprise-wide deployments. This is one of the key findings of PwC’s 29th Global CEO Survey: Africa perspective. It found that more than 150 CEOs […]

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NRS Chairman Outlines Ways Nigeria can Move from Potential to Economic Prosperity

Zacch Adedeji, chairman of the Nigeria Revenue Service (NRS) has called for a paradigm shift in dependence on raw material exports to one that embrace ideas, innovation and the production of complex products as a pathway to sustainable economic growth and national prosperity. Adedeji made the submission while delivering the maiden distinguished personality lecture of […]

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CIoD, NIPSS Partner to Deepen Governance, Leadership Standards

The Chartered Institute of Directors Nigeria (CIoD Nigeria) and the National Institute for Policy and Strategic Studies (NIPSS) have signed a memorandum of understanding (MoU) on capacity building, governance advocacy and leadership development across the public and private sectors. The move, the institutes said, is aimed at deepening ethical leadership, policy coherence and corporate governance […]

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MTN Group, Africa’s largest mobile network operator, has entered advanced discussions to buy the approximately 75 percent of shares in IHS Holding Limited (IHS Towers) that it does not already own, a move that would give the South African telecom giant full control of one of the world’s leading independent tower infrastructure companies. In a […]

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