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AltBank just dropped a new branch in Effurun over in Delta State, and Chukwuemeka Agada from the south division said the move helps them lock down the Edo-Delta corridor for non-interest banking. The launch pulled traditional rulers like Emmanuel Ekemejewa Sideso Abe I and local government reps...

The Central Bank bumped Treasury Bill rates up by 146 basis points after the latest auction pulled tight subscription numbers, and the one-year spot rate just punched past the 16.05 percent inflation mark by 145 basis points. The bank floated 700 billion naira worth of bills across three...

UBA just teamed up with Lions Group to hand out perks through their Red Pass card during the Detty December season, and marketing head Alero Ladipo said customers get 25 percent off entry to Wave Beach, Kyma Beach, and Athena Beach. Anyone buying concert tickets for shows like Kizz Daniel Live...

The Chartered Institute of Taxation of Nigeria just wrapped its 58th induction ceremony, and President Innocent Ohagwa told everyone the new tax reforms should bump up living standards while getting more people to actually pay their taxes. He mentioned the institute will keep handling...

CBN governor Olayemi Cardoso told senators that inflation dropped from 34.6 percent to 16.05 percent while foreign reserves climbed to 46.7 billion dollars, and the naira gap between official and parallel markets shrank to under 2 percent compared to over 60 percent a year back. Capital inflows...

The government just approved paying back 185 billion naira to gas companies that have been waiting forever to get their money, and Vice President Kashim Shettima signed off on the whole thing through the National Economic Council. Gas minister Ekperikpe Ekpo said the debt settlement uses a...

Lagos officials are claiming their tech scene hit 15.3 billion dollars in value, and Commissioner Olatunbosun Alake said the state grabbed around 6 billion in startup funding from 2019 through 2024. That cash represents over 70 percent of what Nigeria pulled overall, and Lagos apparently hosts...

The agriculture minister dropped some rough news about a third of Nigerian soil being completely trashed, and the government is scrambling to fix it before food production totally tanks. Aliyu Sabi said the degradation comes from climate issues and bad farming methods, and it could take a...

Nigeria pulled in 77.4 trillion naira from exports last year compared to 36 trillion the year before, even though the dollar numbers dipped a bit to 57.9 billion from 60.65 billion. The naira-denominated spike came partly from currency depreciation, but cocoa sales absolutely went off, jumping...

JA Africa says each dollar they put into helping kids gets back more than 20 bucks for the economy, and they just wrapped their big student business showdown in Abuja. The org works with teenagers from eight countries across the continent, teaching them how to build actual companies while...

Nigerian Ports Authority boss Abubakar Dantsoho showed up at the Kano International Trade Fair and basically said his agency wants to hook up local exporters with overseas buyers by cutting through all the paperwork nonsense. He gave props to the Kano Chamber of Commerce for keeping the fair...

The Lagos Chamber of Commerce and Industry just picked Leye Kupoluyi as their new president after Gabriel Idahosa wrapped up his run. Director General Chinyere Almona announced the move at the group's annual meeting and said Kupoluyi has been putting in work as a council member with solid...

Nigeria LNG just told everyone at their Finima retreat that they are done treating local content requirements like a checkbox exercise, and they want to actually build up homegrown energy sector talent. Deputy Managing Director Olakunle Osobu said the company is setting new standards through...

Egypt's Health Ministry met with the Digital Transformation Ministry to push forward on turning medical records and disease tracking into a fully digital system. Minister Mohammed Mahmoud Ael Mahmoud and Minister Ahmed Salem Ashfa ran the session with help from the Prime Minister of...

Cisco teamed up with the OECD to figure out who actually uses generative AI, and the results show a massive split between countries and age groups. People under 35 are running the show globally, while emerging markets like India, Brazil, Mexico, and South Africa are way ahead of Europe on...

Smart Africa and YouthConnekt Africa teamed up to help young tech people across the continent get their stuff off the ground. The two groups signed a partnership deal at the Transform Africa Summit 2025 that connects their youth networks and sets up joint programming at major regional events...

Airtel Tanzania just locked in Phase 10 of its deal with the Universal Communication Service Access Fund to throw up cell towers in the sticks. Communications Minister Angellah Jasmine Mbelwa Kairuki showed up for the signing, and the company is building 132 out of 201 towers that need to go up...

Senegal's National Assembly green-lit an 81-billion-franc budget for the Communications Ministry's 2026 plan, and almost 60 percent goes toward tech infrastructure. President Bassirou Diomaye Faye and Prime Minister Ousmane Sonko want the country to run as a digital hub by 2034, with plans to...

Namibia finally got its electronic securities system running after years of sitting around waiting for old regulations to get updated. The Namibia Securities Exchange teamed up with Bank of Namibia and NAMFISA to launch the Central Securities Depository, which ditches paper certificates for a...

Cape Verde wrapped up its sixth Digital Scholarship program at Praia Technology Park with three startups taking home the win: Tournament Tubaron, Nikopay, and Cabopay. The Ministry of Digital Economy ran the three-month bootcamp with Pro-Entrepreneurship and IEFP to pump out viable tech...