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Business news

Rashidat Adebisi Unveils Strategic Roadmap for Nigeria’s Insurance Sector under NIIRA 2025

Following a landmark 21-year career in institutional finance, Rashidat Adebisi, the former Executive Director at AXA Mansard, has officially launched “The Re-Architecture Project.” This strategic pivot aims to align Nigeria’s insurance and financial infrastructure with the federal government’s ambitious $1 trillion economy goal, positioning the sector as a critical driver of macro-economic stability. As Nigeria […]

News

Cybersafe Foundation Partners Google to Strengthen Cybersecurity Among CCIs in Africa

The Cybersafe Foundation has collaborated with Google in strengthening cybersecurity resilience among Critical Community Institutions across Nigeria, Kenya, Ghana and South Africa with the launch of Resilio Africa. Speaking at the event in Lagos, Confidence Staveley, Executive Director of the Cybersafe Foundation, noted that while many organizations recognize the risks posed by cyber threats, conversations […]

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 […]

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 […]

Telecom

NCC, NSCDC to Prosecute Contractors over Fibre Optic Cable Damage

The Nigerian Communications Commission (NCC) and the Nigeria Security and Civil Defence Corps (NSCDC) have warned that contractors and construction firms responsible for damaging fibre optic cables during civil works will now be prosecuted. This was announced in a joint statement issued in Abuja where the two agencies said the increasing cases of fibre cuts […]

Fintech

New Study Reveals How Moniepoint Powers Nigeria’s Downstream Oil Sector with Same-Day Settlements and Working Capital Boost

In a move to strengthen Nigeria’s downstream oil and gas sector, Africa’s all-in-one financial platform for businesses and their customers, Moniepoint Inc. says it is transforming how petrol stations across the country manage payments, access credit, and track inventory through innovative financial solutions. As the largest distribution network for financial services in Nigeria, the leading […]

Business news

SEC Warns of Potential Ponzi-style Risks in AURUM BOT, ModMount

Securities and Exchange Commission (SEC) has issued warnings regarding the activities of AURUM BOT and ModMount Services Limited. The apex regulator of the capital market flagged both entities for operating without the necessary legal licenses and for exhibiting high-risk characteristics typically associated with fraudulent Ponzi schemes. This SEC’s newest move in 2026 is part of […]

Telecom

FG to Acquire Two Communications Satellite to Boost Digital Access

Federal government is preparing for the acquisition of two new communication satellites as it advances a nationwide fibre-optic rollout. Dr. Bosun Tijani, minister of communications, innovation, and digital economy, made the announcement during a press briefing in Abuja commemorating Global Privacy Day 2026, which was hosted by the Nigerian Data Protection Commission. The minister said […]

Telecom

NCC Unveils Spectrum Roadmap to Power Nigeria’s $1tr Digital Economy

As part of efforts to strengthen Nigeria’s digital infrastructure and accelerate the country’s push towards a $1 trillion digital economy, the Nigerian Communications Commission (NCC) has unveiled a new Spectrum Roadmap for 2026–2030, alongside draft guidelines for opening the lower 6GHz and 60GHz bands. Stakeholders in the telecommunications sector on Monday converged in Abuja for […]

News

Nigeria Recorded 4,622 Cyber-attacks Per Week in December 2025

In December 2025, organisations globally faced sustained cyber pressure, as the average number of cyber-attacks per organisation per week reached 2 027, a 1% increase from the previous month and a 9% increase from December 2024. This is according to December 2025 Global Cyber Attack Statistics by Check Point Research, the threat intelligence arm of […]

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