The Central Bank of Nigeria (CBN) decided to keep its Monetary Policy Rate (MPR) unchanged at 27.50% after a significant 300th meeting on May 19-20, 2025. This decision […]
Dyna.Ai Launches AI Operations in Nigeria, Revolutionizing Finance Sector
Dyna.Ai, a global leader in AI-as-a-Service (AIaaS), has launched its operations in Nigeria with an exclusive event on May 15, 2025, at Four Points by Sheraton Lagos. The […]
Nigeria’s Digital Economy Boasts $191 Million FDI Surge
Nigeria’s digital economy saw a dramatic surge in foreign direct investment (FDI) during the first quarter of 2024, reaching a record high of $191 million. This represents a […]
Nigerian Arrested for Alleged $250 Million Online Scam in India
Indian authorities have arrested Gabriel Onyeka, a Nigerian national, in connection with an alleged online scam where an Indian businessman was defrauded of ₹1.25 crore (approximately $250.88 million). […]
China Aims to Drive Electric Vehicle Growth in Nigeria
China is setting its sights on expanding electric vehicle adoption in Nigeria, seeking to capitalize on a booming market and potential partnerships for manufacturing and distribution.
Remitano Launches $1 Cashback Offer for New Crypto Depositors
Nigerian cryptocurrency exchange Remitano has launched a special promotion to incentivize new users to begin their crypto journey. The platform is offering a $1 cashback reward to the […]
Nigeria’s Fintech Giants Shine: Top 7 Companies on Financial Times’ List
The Financial Times released its annual list of Africa’s Fastest-Growing Fintech Companies for 2025, and Nigeria’s fintech landscape is flourishing. The list showcases seven companies making waves in […]
Nigerian Army Raises Alarm Over Rise in Armed Drone Use by Terrorists
The Nigerian military has expressed concern over the increasing use of armed drones by terrorist groups operating in the northeast region. The development, which has coincided with a […]
CBN Launches NRBVN: Streamlining BVN Enrollment for Non-Resident Nigerians
Nigeria’s Central Bank (CBN) has launched the Non-Resident Bank Verification Number (NRBVN) platform, aiming to boost financial inclusion for Nigerians residing abroad. This initiative, developed in collaboration with […]
Nigeria’s Digital Economy Booms, Fuelled by Innovation
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CPaaS Revolutionizes Business Communication in Nigeria
Stanley Oduah, Group COO at Routelink Group, highlights the transformative impact of Communications Platforms as a Service (CPaaS) on Nigerian businesses. Oduah emphasizes that CPaaS is more than […]
Nigeria Court Denies Bail for CEO Accused of $854K Crypto Fraud
The Federal High Court in Abuja denied the bail application of Jesam Michael, CEO of Afriq Arbitrage System (AAS), a cryptocurrency trading platform accused of defrauding investors of […]
Moniepoint Drives Trade in Onitsha with Over 2/3 of In-Person Payments Processed via POS Terminals
A new case study from Moniepoint Inc., Nigeria’s leading fintech and business banking provider, reveals the transformative impact of their innovative digital payment solutions in Onitsha, West Africa’s […]
Court Dismisses MultiChoice’s Attempt to Overturn DStv and GOtv Price Hike Ruling
Nigeria’s Federal High Court has rejected MultiChoice Nigeria Limited’s appeal to uphold its recent price hikes for DStv and GOtv subscriptions. The ruling marks a victory for the […]
Nigerian Tech Genius Sets Guinness World Record for Smallest GPS Tracker
Oluwatobi Oyinlola, a Nigerian tech innovator, has shattered the record for smallest GPS tracking device (prototype) by achieving a milestone measurement of 22.93 mm x 11.92 mm on […]