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Quest Merchant Bank Achieves CBN Regulatory Recapitalisation Milestone

Quest Merchant Bank Limited has successfully met the ₦50 billion minimum capital requirement mandated for merchant banks by the Central Bank of Nigeria (CBN) strengthening the Bank’s capital base and reinforcing its capacity to support Nigeria’s economic transformation. This milestone reflects investors’ continued confidence in the Bank’s long-term strategy, strong governance, and sustainable growth outlook. […]

Telecom

Report finds the Number of Trojan Banker Attacks on Smartphones Increased by 56% in 2025

According to a Kaspersky report “Mobile malware evolution,” the number of Trojan banker attacks on Android smartphones increased by 56% in 2025 compared to the previous year*. This type of malware is designed to steal user credentials for online banking, e-payment services and credit card systems. Cybercriminals commonly distribute Trojan bankers through messaging apps, as […]

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FG Approves GIS-enabled Digital Postcode to Tackle Logistics Gaps, Boost E-commerce

Federal Executive Council has approved the rollout of a nationwide alphanumeric digital postcode system, a move believe will modernise the country’s addressing framework and support growth in logistics, e-commerce and emergency services. The approval, granted under president Bola Ahmed Tinubu, paves the way for the introduction of a Geographic Information System (GIS)-enabled postcode platform designed […]

Telecom

GSMA, African Operators, Others to Launch Low-cost 4G Devices

A co-ordinated effort between the GSM Association (GSMA), six African operators and original equipment manufacturers (OEMs) will pilot $40 (R654) entry-level 4G smartphones in six African nations this year. This, as 710 million of Africa’s population live close to a 4G broadband signal, but have never gone online, with a further 68% not owning a […]

News

NRS Targets N40tri in Tax, Royalty Revenue in 2026

Nigerians’ commitment to paying taxes has produced historic results. In 2025, voluntary compliance propelled the Nigeria Revenue Service (NRS) to collect a record ₦28.3 trillion, exceeding its target of ₦25.2 trillion and setting the stage for an even more ambitious 2026. The Executive Chairman of NRS, Dr. Zacch Adedeji, while hailing the development recorded in […]

Fintech

Purple Woman 3.0 Is Back, Empowering Women in Tech This IWD 2026

This International Women’s Day 2026, the world is saying “Give to Gain.” PalmPay is turning this message into action by empowering young women with the skills and resources to thrive in today’s fast evolving economy. The PalmPay Purple Woman 3.0 is a 3-Day Digital Financial & Technology Masterclass created to bridge the gender gap in […]

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NDPC Collaborates 60 DPAs on Enforcing Privacy Rights in the Use of Al

The Nigeria Data Protection Commission (NDPC) has joined sixty (60) other Data Protection Authorities (DPAs) in endorsing the “Joint Statement on Al-Generated Imagery and the Protection of Privacy.” The Joint Statement was coordinated by the International Enforcement Cooperation Working Group (IEWG) of the Global Privacy Assembly. This underscores the growing concerns regarding the privacy risks […]

Telecom

Sunil Bharti Mittal Conferred GSMA Lifetime Achievement Award for Transforming Global Telecommunications

The GSMA has conferred a rare Lifetime Achievement Award on Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, recognising his role in reshaping the global telecommunications landscape and expanding connectivity across operators, governments, businesses and billions of consumers worldwide. Bestowed on only a handful of industry leaders in the GSMA’s history, the honour recognises […]

News

Krishnan Exits Africa Data Centre to Embark on Professional Chapter

Dr. Krishnan Ranganath, the hitherto Regional Executive – West Africa at Africa Data Centres (ADC), Africa’s largest network of interconnected, carrier- and cloud-neutral data centre facilities, has moved on from the company after half a decade of record growth. This was confirmed in a LinkedIn post, where he noted that after more than five years […]

Business news

Jumia Tech Week 2026 Begins with Tech Deals on Smartphones, Electronics, and Everyday Technology

Jumia Nigeria has announced the launch of Jumia Tech Week 2026, a two-week campaign offering customers access to discounted technology products across key categories, including smartphones, computing, home entertainment, and wearable devices. Starting from March 2 to March 15, Jumia Nigeria’s Tech Week 2026 is themed ‘Tech Products for Less’ – a deliberate commitment by […]

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