Sulaiman Adewale founded Xara, an innovative financial assistant accessible through WhatsApp, aiming to bridge the gap for users who find traditional payment systems complex. This story starts with […]
Nigeria Launches Institute to Regulate and Standardize Interior Design and Product Invention
On Monday, October 27, 2025, Nigeria marked a pivotal moment in its creative economy with the launch of the Institute of Professional Interior Designers and Product Inventors (IPIDPI). […]
Nigeria’s Media and Entertainment Industry Booms Towards $5.8 Billion by 2029
The Nigerian entertainment and media (E&M) sector is poised for rapid growth, with a projected total revenue of $5.8 billion by 2029, according to PwC’s latest report.
Nigerian Startup EasySpend Under Fire as Developers Claim Unpaid Equity
A Nigerian startup, EasySpend Technologies, is facing criticism from former employees who allege unfair compensation practices. Ibrahim Abdullahi, a Senior Mobile Engineer at the company, claims he was […]
Drivers’ Union Challenges Bolt, inDrive, and Uber’s Authority over Ride Fares
A brewing dispute over ride fare setting has escalated between e-hailing platforms and drivers in Nigeria. The Amalgamated Union of App-based Transporters (AUATON) is challenging the authority of […]
Nigeria’s Cryptocurrency Boom: $50 Billion Transactions Challenge Capital Market
Nigeria’s cryptocurrency market has reached an astounding $50 billion in transactions, according to the Securities and Exchange Commission (SEC). This surge highlights a growing preference for digital assets […]
Crypto Regulation Needed: Keeping Bad Actors Out
Nigeria’s cryptocurrency adoption is soaring, with its digital currency economy reaching nearly $60 billion by June 2024, making it the world’s second-largest market. This rapid growth has fueled […]
Nigeria’s Crypto Boom Surpasses N75 Trillion in One Year, Challenges Traditional Markets
Nigeria’s cryptocurrency transactions have reached an unprecedented level, exceeding N75 trillion ($50 billion) between July 2023 and June 2024, according to Securities & Exchange Commission (SEC) Director-General Emomotimi […]
Nigeria Removed from Fraud List
Nigeria has been officially removed from a global fraud watchlist, reflecting progress made in addressing financial crimes and strengthening international cooperation.
Nigeria Eases Off FATF Grey List After Years of Striving
Nigeria has been successfully removed from the Financial Action Task Force (FATF) grey list, signifying a significant victory for the nation’s economy and its financial sector. The delisting […]
Hilda Baci Named Brand Ambassador for Scanfrost
Scanfrost, a leading home appliance provider in Nigeria, has officially announced Hilda Baci as its newest brand ambassador. Hilda, known for her record-breaking cookathon and influential presence in […]
How CBN’s Open Banking System Will Impact Nigeria’s Fintech Landscape
The Central Bank of Nigeria (CBN) has established an open banking framework to unlock innovation and financial inclusion within the Nigerian fintech ecosystem. This framework facilitates data-driven growth […]
Top 5 Nigerian Stock Trading Platforms: A Guide
Gone are the days of relying on traditional savings methods like rotational savings or idle bank accounts for investment opportunities. The digital landscape offers Nigerians a chance to […]
Bolt Vows Action Against Drivers Increasing Fares in Port Harcourt
Ride-hailing company Bolt has announced it will permanently remove drivers who are increasing fares beyond the app’s quoted prices in Port Harcourt, Nigeria. This follows a report of […]
Nigeria Weighs Official Stablecoin as eNaira Adoption Remains Low
The Central Bank of Nigeria (CBN) is exploring the launch of a national stablecoin to address low adoption rates for its digital currency, the eNaira. A working group […]