Netflix, the American video streaming giant, has spent more than $175 million on film and TV production in Africa’s top three markets—South Africa, Nigeria, and Kenya—since it started operations on …
Digital Economy
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Arts & CultureBuildingBusinessBusiness and EconomyBusiness PoliciesDevelopmentDigital EconomyEconomyINVESTMENTKenyaNigeriaSouth Africa
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Safaricom Makes History with Over $3 Billion Revenue, Eyes Bigger Growth in Ethiopia
Safaricom, the Nairobi-based telecoms and digital services provider, has made history as the first company in East Africa to surpass $3 billion in annual revenue. The firm’s financial results for …
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AfricaBusinessDevelopmentDigital EconomyEconomyFinance & ServicesKenyaKenya News
Co-op Bank Partners With 619 Saccos To Expand Banking Services In Kenya
Co-operative Bank of Kenya has entered into a major partnership with 619 Savings and Credit Cooperative Societies (Saccos) across the country to improve how members access banking services. The new …
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Banking, Finance & InvestmentBusinessDigital EconomyFintechNigeriaSecurityTechnology
PalmPay Processes 15 Million Daily Transactions in Q1 2025, Targets Deeper Financial Inclusion
PalmPay, a fast-growing Nigerian digital bank, has announced a major milestone, revealing that it processed 15 million transactions daily during the first quarter of 2025. The announcement was made at …
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AfricaBusinessBusiness and EconomyBusiness InsightsDigital EconomyEventsInnovationMarketsNigeriaPress ReleasesTechnology
Marketing Analytics Africa to Host AMTEC 2025 in Lagos, Targets Scalable Growth for African Brands
Marketing Analytics Africa has announced that the 2025 edition of its flagship event, the Africa Marketing Technology and E-commerce Conference (AMTEC), will take place on May 24 in Lagos. Themed …
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BusinessBusiness InsightsDigital EconomyMarketsNigeriaTechnology
Meta’s Exit Threat Worries Millions of Nigerian Small Businesses
There is rising concern among Nigerian business owners as Meta Platforms, the parent company of Facebook and Instagram, has threatened to leave the country over a fine dispute. Experts in …
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Digital EconomyGOVERNMENTNigeriaSecurityTechnologyTrade and Commerce
Galaxy Backbone, Nigeria Customs Service Explore Strategic ICT Collaboration
Galaxy Backbone Limited has shown interest in working closely with the Nigeria Customs Service (NCS) to improve digital systems that will help Customs carry out its work more efficiently. The …
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Banking, Finance & InvestmentBusiness and EconomyBusiness InsightsBusiness PoliciesDigital EconomyMarkets
FCMB Group Grows Assets to N7.4tn, Reports N32.2bn Profit in Q1 2025
FCMB Group Plc has recorded strong growth in its banking and non-banking operations, closing the 2024 financial year with total assets of N7.1 trillion. As of March 31, 2025, the …
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BusinessDigital EconomyFinance & ServicesGOVERNMENTNigeriaTechnology
FG Launches National e-Invoicing Committee to Curb Tax Evasion, Boost Revenue
The Federal Government has launched the National Electronic Invoicing Inter-Agency Steering Committee to supervise the introduction of a new digital platform called the Merchant Buyer Solution. This platform is designed …
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Digital EconomyEconomyFinance & Services
SEC warns influencers, bloggers against promoting unregistered schemes
The Securities and Exchange Commission (SEC) has warned Nigerian influencers, bloggers and celebrities to stop promoting unregistered investment platforms, or they will face serious punishment under the new Investments and …