Business

Airtel Africa Plc is exploring a potential initial public offering (IPO) of its mobile money arm, Airtel Money, that could raise between $1.5 billion and $2 billion, according to people familiar with the matter. Bloomberg reported that the planned listing may rank among the largest recent IPOs on a European exchange. Airtel Africa, Africa’s third-largest […]

Bitget, Universal Exchange (UEX), has introduced Blockchain4Youth Learning Hub: Semester 1, a new education initiative designed to help young learners explore blockchain not only as a field of study, but as a viable career path in the digital economy. As part of Bitget’s broader Blockchain4Youth initiative, the Learning Hub expands the program’s mission of making […]

At least 29 people have been killed after suspected terrorists attacked the Guyaku community in Gombi LGA of Adamawa State late on Sunday, with gunmen carrying out sporadic shootings for several hours, killing residents and destroying property, according to Reuters. Adamawa Governor Ahmadu Fintiri confirmed the death toll during a visit to the community on […]

…Betting on an asset-light model for African super app ambitions Aubrey Niederhoffer, a 19-year-old who should be midway through his sophomore year at the University of California, Berkeley, has instead relocated to Nigeria’s commercial capital to run a 28-person startup. His company, Swoop, has just launched food delivery operations in Yaba, a bustling neighbourhood on […]

From across the globe, governments of countries that have housing and rent challenges are coming up with solutions that Nigeria can copy to deal with its housing and rent crisis. While some countries approve cash to tackle the crisis directly through increased housing production, others provide incentives for developers through tax holidays or special interest […]

For Africa to grow into an energy powerhouse, strategic collaboration between Nigeria and South Africa is crucial in driving this goal, industry players have said. At the fourth edition of the South Africa Week in Lagos on Wednesday, industry players in the energy sector stressed the pivotal role of collaboration in ensuring that both countries […]

Introduction Nigeria’s trade regulatory landscape has recently seen developments aimed at improving trade administration and strengthening import controls. In particular, the Federal Government has announced the launch of the National Single Window Platform (the “Platform”), a digital system designed to streamline import and export processes, while also announcing a ban on items prohibited from importation […]

The Emir of Kano, Muhammadu Sanusi II, has renewed concerns over Nigeria’s fiscal direction, questioning why the federal government continues to borrow despite savings from the removal of the petrol subsidy. Speaking on News Central TV, the former governor of the Central Bank of Nigeria warned that weak fiscal discipline could erode the expected gains […]

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…Begins probe on COVID resurgence The Senate on Thursday strongly condemned the hijack of a commercial ferry and the abduction of 15 passengers, reportedly including 2026 JAMB candidates by suspected sea pirates along the Calabar–Oron waterways. Lawmakers called for immediate action from security agencies, urging coordinated rescue operations to ensure the safe return of the […]