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Pension Assets Hit N31.8 trillion Rebound by N480b in Four months

Nigeria’s pension industry staged a strong recovery from its June downturn, with total pension assets rising by about N480 billion between May and August 2026 to N31.8 trillion, signalling renewed growth in retirement savings. The increase, representing about 1.5 per cent growth over the four months, restored the industry’s asset base after the June decline […]

Fintech

Moniepoint CEO Recognized Among the World’s Most Influential Rising Stars

Tosin Eniolorunda, Co-founder and Group Chief Executive Officer of Moniepoint Inc, has been named to the 2026 TIME100 Next, TIME’s annual list recognising 100 of the world’s most influential rising stars shaping the next generation of leadership across industries. He joins emerging leaders from business, technology, politics, science, sport and culture, whom TIME describes as […]

Tech

UNDP, GSMA Join Forces to Scale African AI

The United Nations Development Programme (UNDP) and the GSMA have announced a strategic partnership to strengthen Africa’s artificial intelligence ecosystem and accelerate the deployment of African-led AI solutions, including African language AI. The partnership brings together the GSMA’s mobile industry expertise and networks with UNDP’s development programmes and innovation platforms to support African-led AI innovation. […]

Business news

Afreximbank Urges Govts to Strengthen Financial Institutions

Dr George Elombi, president and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank), has urged African governments to protect and strengthen the financial institutions they own. He said greater commitment to these institutions was needed to ensure they could support the continent’s economies during periods of crisis. Elombi, who made the call […]

General News

Verve Renews Collaboration with Google Play to Enhance Digital Experiences

Verve, a payment card and token brand, has renewed its collaboration with Google Play for Africa’s Biggest Fitness Party, VerveLife 9.0, themed ‘Ignite’, extending a collaboration that brings together digital experiences, fitness, entertainment and lifestyle across Nigeria. Now in its ninth season, VerveLife is taking its fitness and lifestyle experience to communities across the country, […]

Business news

Quest Merchant Bank Named Among Nigeria’s Best Workplaces in Banking for 2026

Quest Merchant Bank has been named among the Best Workplaces in Banking in Nigeria for 2026 by Great Place to Work® Nigeria. The achievement reflects the Bank’s deliberate commitment to building a high-performing culture where people are empowered to grow, contribute meaningfully, and create value. For Quest Merchant Bank, building a strong workplace is about […]

News

AFC Supports Successful Close of ₦729B Series 2 Bonds to Advance Nigeria’s Power Sector Reforms

Africa Finance Corporation (AFC), the continent’s infrastructure solutions provider, has announced its critical role as Co-Financial Adviser on the successful close of the ₦728.9 billion Series 2 power sector bond transaction by NBET Finance Company Plc, under the Federal Government of Nigeria’s Presidential Power Sector Financial Reforms Programme (PPSFRP). The programme is designed to resolve […]

Tech

Kaspersky Uncovers New Stealth Ransomware that Hijacks Corporate Devices without Encrypting Files

Kaspersky’s Global Emergency Response Team (GERT) has published a new report analysing a sophisticated new tactic in the Payload ransomware family. Discovered during an incident response at a manufacturing company in the Middle East, this attack demonstrates a major shift in cybercrime: the attackers took complete control of the company’s network and forced its computers […]

General News

UK-Supported Programme Mobilises $630m in Investment, Creates 21,400 Jobs in Nigeria

British High Commissioner Pete Vowles and British Deputy High Commissioner Jonny Baxter have joined business leaders, investors, government representatives and development partners in Lagos to celebrate the impact of the UK Government’s Manufacturing Africa programme in Nigeria. Over the last six years, Manufacturing Africa has supported 23 successful investment deals in Nigeria, helping businesses mobilise […]

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