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KPMG Outlook Reveals Financial Services CEOs Double down on AI, Resilience and Growth in 2026

Financial services leaders across Africa are entering 2026 with renewed confidence, placing artificial intelligence (AI), cybersecurity, regulatory resilience and strategic growth at the centre of their transformation agendas. This is according to insights from KPMG’s 2025 Global CEO Outlook, with a focus on the Banking and Capital Markets, and Insurance sectors. Despite ongoing geopolitical uncertainty, […]

Telecom

Terra Moves to Expand in African Drone Sector, Secures $22m Funding

Olugbenga Agboola, Flutterwave CEO has joined a $22 million funding extension for Nigerian defensetech start-up Terra Industries as Africa’s fast-growing drone and security technology sector begins to attract capital far beyond traditional venture circles. The round was led by Lux Capital, with participation from Agboola through Resilience17 Capital and returning investors including 8VC and Nova […]

General News

First Trustees Advocates Stronger Frameworks in Advancing Structured Islamic Inheritance Practices

First Trustees Limited, a subsidiary of First HoldCo Plc., and a leading provider of trust solutions to individuals, corporates, and government institutions, partners with The Metropolitan Law Firm and Al-Ameen Trustees to host the 8th Annual Islamic Estate Planning Clinic in Abuja, bringing together leading Islamic legal, financial, and policy experts. With the theme “From […]

Telecom

IHS Towers Board Approves MTN’s Takeover Deal

The board of IHS Towers has accepted an offer of $8.50 a share in a transaction that would see MTN Group increasing its shareholding to 100%, the mobile operator announced today. The potential transaction is subject to various approvals and the delisting of IHS from the New York Stock Exchange (NYSE). Earlier this month, the […]

Business news

NDPC Commences Investigation of Temu for Alleged Violation of Data Protection Act

Dr Vincent Olatunji, National Commissioner/CEO, NDPC has ordered an immediate investigation of the data processing activities of Temu which may be in violation of the NDP Act. The investigation of Temu according to Babatunde Bamigboye Esq. Head, Legal, Enforcement & Regulations, NDPC, was triggered by concerns around online surveillance through personal data processing, accountability, data […]

Telecom

African Leaders Highlights Africa’s AI Ambitions

African leaders used the AU Summit in Addis Ababa over the weekend to sharpen the continent’s technology agenda, with Ethiopia positioning artificial intelligence (AI), digital infrastructure and connectivity as pillars of Africa’s economic future. Opening the 39th African Union Summit, Ethiopian prime minister Abiy Ahmed outlined an ambitious vision to place Africa at the forefront […]

General News

LG Nigeria Launches Nationwide Search for Oldest Working TV, Rewards Loyalty with AI QNED Upgrade

LG Electronics has announced the launch of a nationwide campaign aimed at celebrating decades of customer loyalty and technological heritage by searching for the oldest still-functioning LG television sets across the country. The initiative, themed “The Oldest LG TV”, seeks to honour long-time customers whose LG screens have stood the test of time, while introducing […]

Business news

Jumia Targets Break-even in 2026 After Strong Q4 Surge

Pan-African e-commerce giant Jumia says it has moved decisively beyond survival mode after posting robust fourth-quarter 2025 earnings, with CEO Francis Dufay declaring the company is now entering a phase of high growth after years of restructuring. The firm, founded in Lagos, Nigeria, in 2012, reported a sharp acceleration in core marketplace activity, reinforcing what […]

Business news

NAICOM Targets Resilient, Global Competition Market in Insurance Sector Consolidation

The National Insurance Commission (NAICOM) has unveiled a far-reaching reform agenda aimed at strengthening industry stability, improving consumer confidence, and positioning the sector to play more strategic role in national economic growth. Speaking at the 2026 management retreat in Uyo, Olusegun Ayo Omosehin, commissioner for Insurance/CEO, NAICOM, described the initiative as a defining moment for […]

News

GBB Expands Broadband to 13 Underserved Communities in 2025

Galaxy Backbone Limited (GBB) has recorded a significant milestone in Nigeria’s digital transformation journey by advancing broadband connectivity to 13 underserved institutions and communities nationwide in 2025, reinforcing its position as the nation’s digital backbone and a trusted partner in national development. Guided by its mandate to enable a digitally inclusive Nigeria, GBB deliberately extended […]

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