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Business news

DLM SPV PLC Lists ₦9.00bn AAA-Rated Medium-Term Notes on FMDQ Exchange, Sets Benchmark in Corporate Bond Market

FMDQ Securities Exchange Limited (“FMDQ Exchange” or “the Exchange”) has approved the listing of DLM SPV PLC’s ₦7.30 billion Series 1 (Tranche A) and ₦1.70 billion Series 3 (Tranche B) Plain Vanilla Returns Sovereign Bond-Backed Composite Notes under its ₦30.00 billion Medium-Term Notes Programme.  This approval by the Exchange’s Board Listings and Markets Committee reinforces FMDQ Exchange’s position as […]

General News

NITDA Reaffirms Commitment to Advancing Creative Economy with Digital Initiatives

Aligning with the current administration’s focus on diversifying the economy through industrialisation, digitisation, creative arts, and manufacturing, the National Information Technology Development Agency (NITDA) has reaffirmed its commitment to advancing Nigeria’s creative and arts industry through targeted digital initiatives, enabling regulations, and strategic infrastructure development aimed at unlocking the sector’s full economic potential. Speaking at […]

Fintech

Luno Launches Nigeria’s First Crypto Prediction Market

Luno, an Africa-founded global exchange, has launched a structured Crypto Prediction Market, ushering in a new chapter for Nigeria’s cryptocurrency market. This platform enables users to forecast short-term price fluctuations of key cryptocurrencies, such as Bitcoin , Ethereum , Solana, Dogecoin, Ripple, and earn USDC payments when when their predictions are accurate. Powered by Limitless, […]

News

Quest Merchant Bank Named Transaction Advisor for Nigeria’s Landmark Project BRIDGE Digital Infrastructure Initiative

Quest Merchant Bank has been appointed as Transaction Advisor for Project BRIDGE (Broadband Infrastructure Development for Digital Economy), a flagship national broadband initiative led by Honourable Minister, Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE), Dr. ‘Bosun Tijani. Project BRIDGE is a strategic digital infrastructure initiative designed to significantly expand Nigeria’s fibre-optic infrastructure and […]

Business news

Nigeria, UK Sign £746M Landmark Ports Deal

Thousands of skilled UK and Nigerian jobs will be supported and hundreds of millions invested into the economy as a historic financing deal was signed yesterday between the UK and Nigeria. The £746 million sum will be used to support the refurbishment of two of Nigeria’s major national maritime infrastructure facilities located in Lagos, the […]

Telecom

Gartner Predicts Surge in AI-powered Public Services

At least 80% of governments will deploy artificial intelligence (AI) agents to automate routine decision-making, enhancing efficiency and service delivery by 2028. This is according to market research firm Gartner, which highlights a growing shift toward digital governance, where AI-powered systems will increasingly handle repetitive administrative tasks, such as processing applications, managing public records and […]

Tech

Kaspersky Discovers Infostealers Mimicking Claude Code, OpenClaw and Other AI Developer Tools

In March 2026, Kaspersky Threat Research has identified a new malicious campaign targeted at developers looking for installation instructions for Claude Code, a development agent created by Anthropic. When searching for “Claude Code download”, sponsored advertisements appear at the top of the search results. One of these ads redirects users to a malicious webpage that […]

Business news

Jumia Reaffirms Commitment to Consumer Trust on World Consumer Rights Day

As the global community commemorates World Consumer Rights Day, Jumia Nigeria joined industry leaders, regulators, and consumer advocates at the Lagos Marriott Hotel, Ikeja, for a high-level panel session hosted by the Lagos State Consumer Protection Agency (LASCOPA) on Tuesday, March 17, 2026. Speaking during the session, Peters Afebuame, Group Head of Content and Production […]

Business news

Hundreds of New UK, Nigeria Jobs to be Created as Companies Confirm Millions in Investment

Hundreds of new jobs are set to be created as Nigerian banks, fintech innovators and creative industry businesses scale up their operations in Britain. The move will see millions invested, reinforcing the UK’s position as a leading global business hub, backed by world‑class talent, strong access to capital, and a stable regulatory environment – while […]

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