Members of the Senate Committee on Appropriations have called for the full removal of electricity subsidy, arguing that it has become an unsustainable burden on public finances and a major …
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- AFRICA NEWSNewsTechnologyTelecommunications
Ethio telecom, Djibouti Telecom, and Sudatel Group Sign Tripartite Agreement
In a historic move set to transform digital connectivity across East Africa, Ethio Telecom, Djibouti Telecom, and Sudatel Group yesterday signed a tripartite agreement under the Horizon Fiber Initiative, establishing …
- AfricaAFRICA NEWSEntrepreneurshipNews
Alakija’s Flourish Africa Provides N300m Grants for Women Entrepreneurs
Flourish Africa, a women-focused empowerment initiative founded by Apostle Folorunsho Alakija, has disbursed N300 million in grants to women entrepreneurs across Nigeria following a nationwide training and business pitch programme. …
- AfricaAFRICA NEWSNewsTechnologyTelecommunications
North Africa’s 5G connectivity spikes as rest of continent lags behind
North African countries are rapidly pulling ahead in the race for fifth-generation (5G) connectivity, creating a Mediterranean digital corridor that is setting the pace for the rest of the continent. …
Bitcoin, Ethereum and other major cryptocurrencies have extended their sharp decline, with market watchers cautioning that the turbulence may not be over yet. Bitcoin, the world’s largest cryptocurrency by market …
Nearly half a trillion dollars has been erased from the global cryptocurrency market in less than a week, as an aggressive selloff led by Bitcoin rattles digital asset investors. Data …
Nigeria lost an estimated $77.7 billion to trade-related illicit financial flows (IFFs) between 2013 and 2022, according to a new report released by Global Financial Integrity (GFI), a United States-based …
By a strategic boardroom move seen as strengthening investor confidence, Africa’s foremost industrialist, Aliko Dangote, has appointed Zimbabwean business leader and MTN Group President/CEO, Ralph Mupita, to the board of …
- AfricaAFRICA NEWSBusiness PoliciesNews
PIDG exits InfraCredit Nigeria signalling market confidence in domestic credit enhancement
The Private Infrastructure Development Group (PIDG), through its project development arm, InfraCo, has exited its $26 million preference share investment in InfraCredit Nigeria, posting a strong return despite a tough …
- AfricaBusiness PoliciesNews
Moniepoint processes N412trn Transactions, Deepens Grip on Retail Payments
Nigerian fintech giant, Moniepoint, has processed transactions valued at N412 trillion in 2025, further cementing its dominance in the country’s retail payments space. The company also disclosed that it disbursed …