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Business news

Lagos to Establish West Africa’s Premier International Financial Centre

TheCityUK, in partnership with the UK Government, Lagos State Government, Lagos International Financial Centre Council (LIFCC), and EnterpriseNGR, have unveiled a landmark report, “Establishing an International Financial Centre in Lagos (LIFC), Nigeria”, outlining a strategic roadmap to transform Lagos into the West African hub for international investment capital driving innovation, and sustainable growth across the […]

Business news

Ecobank Nigeria to Host Customer Forum on Strengthening Regional Integration for Economic Transformation

Ecobank Nigeria is set to host the second edition of its Customer Forum, at the Ecobank Pan-African Centre, Ozumba Mbadiwe Avenue, Victoria Island, Lagos. The forum, organised by the bank’s Fixed Income, Currencies and Commodities (FICC) Business (Treasury), is themed ‘Strengthening Regional Integration for Economic Transformation.’ It is designed to examine critical issues shaping Nigeria’s […]

Tech

FG Launches Happy Woman App Platform

Federal government has unveiled a new digital platform to connect millions of women to finance, skills training, and market opportunities, in what officials call the country’s largest technology-driven women’s inclusion initiative to date. The Happy Woman App Platform, which was unveiled at the Presidential Villa in Abuja, would serve as a single interface for women […]

Business news

CBN Grants BoI Approval to Operate Non-interest Banking

The Bank of Industry (BoI) said it has received regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window, marking a significant milestone in the bank’s growth and long-term development agenda. A statement from the bank said the approval authorises BoI to commence Non-Interest Banking operations, positioning the bank […]

News

ITU, NITDA Strengthen Collaboration on Nigeria’s Digital Development

Dr. Cosmas Luckyson Zavazava, Director Telecommunication Development Bureau of the International Telecommunication Union (ITU), has paid a courtesy visit to the National Information Technology Development Agency (NITDA) in Abuja, reinforcing growing cooperation on digital development. Dr. Zavazava was accompanied by the ITU Regional Director for Africa, Dr. Emmanuel Manasseh, as part of the ITU delegation. […]

Tech

NDPC, NCC Sign MoU to Address Data Protection Gaps in Telecoms Sector

The Nigeria Data Protection Commission (NDPC) and the Nigerian Communications Commission (NCC) signed a Memorandum of Understanding (MoU) aimed at strengthening data protection and privacy in the telecommunications sector. The agreement comes amid growing concerns over the handling of personal data by telecom operators, increased digitalisation, and rising incidents of data breaches globally. Regulators say […]

Telecom

Nigeria Seeks West African Telecom Integration as Cross-border Roaming Talks Intensify

Nigeria is stepping up efforts to shape a more integrated West African telecommunications market, as regulators across the sub-region move to tackle long-standing barriers such as high cross-border roaming costs, uneven regulation and weak digital infrastructure. The Nigerian Communications Commission (NCC) said it is deepening collaboration with sister regulators across West Africa, reaffirming its commitment […]

Fintech

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 […]

Business news

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 […]

News

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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