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PayPal Plans $100M Investment in MEA

PayPal, a global online payments platform, has committed to investing $100 million in the Middle East and Africa over the next few years, focusing on start-ups while also making minority investments and acquisitions through its venture capital arm, PayPal Ventures. The move comes after the company launched its first regional hub in Dubai in April, […]

Tech

NITDA DG Urges Construction Industry to Embrace Digital Technologies

In a bold call for change, the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE, has urged Nigeria’s construction industry to move from blueprints to bytes by embracing digital technologies that can transform project delivery, boost productivity, and position the sector at the forefront of innovation. Delivering a keynote presentation […]

Business news

Shareholders Endorse Providus–Unity Banks Business Combination

Rising from a court-ordered Extraordinary General Meeting (EGM) on Friday, the shareholders and Boards of Directors of Providus Bank and Unity Bank have given their resounding approval to proceed with the business combination of the two financial institutions. The nod to go ahead by the boards and shareholders of the two institutions signifies a moment […]

Telecom

IHS Nigeria Reiterates its Commitment to Nigeria’s Sustainable Development

IHS Nigeria, part of the IHS Holding Limited (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today published its 2023 and 2024 Impact Report. The report highlights IHS Nigeria’s continued commitment to helping foster a more sustainable and prosperous future […]

Telecom

IFC Provides Local Currency Support to Access Bank to Expand SME Lending

To help address financing gaps, strengthen private sector growth, and promote inclusive economic development in Sierra Leone, IFC announced a partnership with Access Bank (Sierra Leone) Ltd (ABSL) to increase access to finance for small and medium-sized enterprises (SMEs) in the country, particularly those owned and led by women. Under the partnership, IFC will provide […]

General News

Glo Renews Sponsorship of Ofala, Affirms Plan to Take Festival to Global Stage

Nigeria’s biggest telecommunications supporter of culture, Globacom, has announced the sponsorship of this year’s edition of Ofala Festival, which is holding in Onitsha, Anambra State, in October, 2025. The annual Ofala festival is a customary obligation performed by His Royal Majesty, Igwe Nnaemeka Achebe, the Obi of Onitsha. The celebrations, held over a two-day period, […]

Business news

Microsoft Merges Business-focused AI App Stores

Microsoft has combined the separate marketplaces for its artificial intelligence tools aimed at businesses into one offering, it said on Thursday. It previously offered tools for software developers, who use its Azure cloud computing service, on one marketplace and applications and so-called “agents” – AI tools designed to carry out tasks on behalf of human […]

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E1 Lagos GP Announces Sponsorship Lineup, With First Bank of Nigeria at the Helm

The Local Organising Committee of the E1 Lagos GP is proud to announce its sponsorship lineup for Africa’s first all-electric powerboat race, taking place from October 2–5, 2025, on the Lagos Lagoon. The announcement was made at the Stakeholder Immersion Session, convened to ensure that every stakeholder – from sponsors and the media to creators […]

Business news

Firm Warns Travellers of AI-powered Attacks Targeting Hotel Guests

Between June and August 2025, Kaspersky’s Global Research and Analysis Team (GReAT) discovered a new wave of cyberattacks by a threat group called RevengeHotels, which targets hotels to gain access to guests’ payment information. The group has been operating since 2015 and has since upgraded its methods. The threat actor is now using Artificial Intelligence […]

Telecom

Airtel Africa Foundation Unveils Plan for Improving 10 million Lives in Africa by 2030

Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, today unveiled its plans to directly improve the lives of 10 million people across the continent by 2030. The strategy will be delivered through targeted initiatives under four core pillars namely Financial Empowerment, Education, Environmental Protection and Digital Inclusion (FEED). Outlining the ambitious target, Dr. […]

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