The rapid rise of financial technology, mobile money, and e-services has transformed Uganda’s economy and connected millions of people. But alongside this digital progress has come a new threat—cybercrime. Fraud, …
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Dangote Refinery Lowers Petrol Price to ₦820 per Litre
The Dangote Petroleum Refinery has announced a major step to make fuel cheaper and easier to access across Nigeria. From Monday, August 12, 2025, the refinery reduced its ex-depot price …
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AIICO, Leadway, NEM, Others Make 2025 Almond Insurance Industry
The Nigerian insurance industry is set for another major celebration as top companies and industry leaders have been shortlisted for the 2025 Almond Insurance Industry Awards. The nominees were officially …
- BusinessDigital EconomyFinance & ServicesSafaricomStartupsTechnologyTrade and Commerce
Safaricom, PayPal Link M-PESA Wallets for Global Transactions
Safaricom’s M-PESA service has partnered with PayPal to allow Kenyans to move money easily between their mobile money wallets and PayPal accounts. The new partnership is expected to benefit over …
- AfricaAirtelBusinessTechnologyTelecommunications
Airtel Subsidiary Xtelify Launches AI-Powered Software for Telecom Operators
Xtelify, a new digital subsidiary of Bharti Airtel, has introduced an artificial intelligence (AI)-powered software platform that aims to change how telecommunications companies (telcos) operate and relate with their customers. …
- BusinessEconomyInfrastructureMobile Telecommunications Network (MTN)SecurityTechnologyTelecommunications
Fibre Cuts, Vandalism Cost MTN N17.6bn in Network Losses
Between January and June 2024, telecoms giant MTN Nigeria faced over 13,700 fibre cuts across the country, severely affecting network quality and leading to massive financial losses. The company’s Chief …
- BusinessFinance & ServicesMarketsNigeriaZenith Bank
Afrinvest Launches Sharia-Compliant Halal Fund as Demand for Ethical Investments Grows in Nigeria
Afrinvest, one of Nigeria’s leading investment banking and asset management firms, has launched a Sharia-compliant mutual fund, the Afrinvest Halal Fund, to tap into the growing demand for ethical and …
- BusinessDangote IndustriesEnergyOil & GasTrade and CommerceWestern Africa
Dangote Cries Out Over Crude Scarcity
President of Dangote Group, Aliko Dangote, has raised alarm over challenges facing his $20 billion Dangote Refinery, including difficulty accessing crude oil from Nigerian producers, leading the facility to import …
- BusinessDangote IndustriesEconomyEnergyLabourOil & Gas
NOGASA Threatens to Halt Operations Over Dangote Refinery’s Direct Distribution Plan
The Natural Oil & Gas Suppliers Association of Nigeria (NOGASA) has threatened to suspend its operations if Dangote Refinery proceeds with its planned direct distribution of petroleum products to end …
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Zenith Bank Named Nigeria’s Best Bank at Euromoney Awards 2025
Zenith Bank Plc has been named Nigeria’s Best Bank for 2025 by the prestigious Euromoney Awards for Excellence. The award was presented to the bank at The Peninsula Hotel in …