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  1. Munyaradzi Mafaro

    BII and FCMB unite, northern MSMEs get a fresh lifeline

    British International Investment and First City Monument Bank just dropped a $50 million credit line for small and medium businesses in Nigeria, with most of it going to the historically ignored northern regions. Yemisi Edun from FCMB and Chris Chijiutomi from BII announced the deal, which...
  2. Munyaradzi Mafaro

    NERC gets tough, DisCos warned to pay up or miss out

    Nigeria's electricity regulator is threatening to hold back operating money from power distribution companies that are dodging meter refunds to customers. Dr. Musiliu Oseni from NERC said they can freeze funds at the wholesale market level if these companies keep ignoring their obligations, and...
  3. Munyaradzi Mafaro

    BoI and NCDMB team up, local firms get a cash boost

    The Bank of Industry and the Nigerian Content Development Board just dropped a deal for a $100 million equity fund aimed at local oil and gas companies. Dr. Olasupo Olusi from BoI announced the partnership with Felix Omatsola Ogbe at a conference in Yenagoa, Bayelsa State, saying they want to...
  4. Munyaradzi Mafaro

    Esso calls for action, middlemen told to step aside

    An ExxonMobil affiliate told an oil and gas conference in Yenagoa that Nigeria needs to get its act together if it wants to hit those ambitious production targets. Hazizi Hassan from Esso Exploration and Production Nigeria Deepwater Limited said the country could reach 2 million barrels per day...
  5. Munyaradzi Mafaro

    Diaspora returns to the party, but Nigeria wants its genius

    Nigeria's diaspora commission is hosting a convention at the JK Randle Centre in Lagos to get young Nigerians living overseas to bring their skills back home. The event will feature a million-naira innovation challenge, and Lagos Deputy Governor Dr. Kadiri Obafemi Hamzat is giving the keynote on...
  6. Munyaradzi Mafaro

    Nigeria eyes new towns, city stress meets its match

    Professor Franklin Nnaemeka Ngwu from Lagos Business School told a real estate summit in Lagos that Nigeria needs to build self-contained communities to handle its exploding population. He said these places should have jobs, housing, and shops all mixed together, not just random suburbs...
  7. Munyaradzi Mafaro

    Ebenco refinery wows officials, modular model set to curb oil theft

    Minister Heineken Lokpobiri toured the Ebenco Global Link Limited refinery site in Koko, Delta State, and got hyped about its modular setup as the cure for pipeline theft and sketchy backyard coal-fire operations. The plant runs at 1,000 barrels per day with Chinese tech partner Wang Jianhui...
  8. Munyaradzi Mafaro

    PTAD pushes “I’m Alive” checks, pensioners must verify or risk pay halt

    PTAD is making pensioners jump through hoops again with their annual life check, and anyone who skips it might get their payments frozen. Olugbenga Ajayi from the department said the whole thing exists to stop fraud and make sure money hits the right people, not ghost beneficiaries gaming the...
  9. Munyaradzi Mafaro

    PenCom promises pension payout soon, retirees still waiting

    Nigerian retirees keep wondering if PenCom will actually deliver on clearing pension debts before the calendar flips. Director-General Omolola Oloworaran promised that a 758 billion naira bond approved by the federal government would wipe out legacy liabilities under the Contributory Pension...
  10. Munyaradzi Mafaro

    SUNU Assurances shines at PEARL Awards, shares hit new heights

    SUNU Assurances Nigeria grabbed the Highest Share Price Appreciation Award at the PEARL Awards ceremony that went down at Lagos Oriental Hotel. Dr. Samuel Ogbodu, the managing director and CEO, said the win came from solid teamwork, customer trust, and shareholder backing. The company's stock...
  11. Munyaradzi Mafaro

    Heirs Insurance fest rallies for easier travel, Africa eyes borderless future

    Heirs Insurance threw the first-ever Travel Festival at Harbour Point in Lagos, and thousands showed up to talk about making African travel less of a nightmare. Ambassadors from Brazil and Angola joined CNN's former senior editor Stephanie Busari on a panel pushing for easier visa processes and...
  12. Munyaradzi Mafaro

    Mike Chimombe flaunts wealth in court, three wives, and 15 kids

    Mike Chimombe told the court he supports three wives and 15 kids who are all underage, and he used to pull in between 15 and 20 grand monthly before getting arrested. The guy dropped out after O-Level and jumped into politics while running multiple businesses, and he claims ownership of two...
  13. Munyaradzi Mafaro

    Leadway powers agri-insurance push, partners tackle climate risks

    Leadway Assurance teamed up with the Alliance for a Green Revolution in Africa, the National Agricultural Development Fund, and Verdure Climate to push agricultural insurance and climate risk solutions in Nigeria. The high-level forum focused on ways to boost lending to farmers through...
  14. Munyaradzi Mafaro

    Apple loses top talent to rivals, Meta grabs UI chief Dye

    Apple just lost Alan Dye, the guy who ran their user interface design squad since way back, and he bounced to Meta for what sounds like a fat paycheck. Dye handled some pretty big stuff like the iPhone X look, watchOS, that pill-shaped Dynamic Island thing, iOS 26 with the Liquid Glass effect...
  15. Munyaradzi Mafaro

    007 First Light gears up for launch, IO teases what’s next

    IO Interactive dropped the first episode of their Behind the Light dev diary series for the upcoming James Bond game that hits PC, PS5, and Xbox Series X/S in March. Gameplay director Andreas Krogh and senior level designer Thomas Pulluello talked about what players can expect, and the devs...
  16. Munyaradzi Mafaro

    Micron drops Crucial for AI, gamers left in the cold

    Micron just pulled the plug on their consumer RAM and SSD stuff under the Crucial brand because AI data centers are throwing stupid money at memory right now. The company said they'll keep shipping consumer products through February, but after that, everything goes to enterprise customers who...
  17. Munyaradzi Mafaro

    Skyblivion slips past deadline, total conversion waits for polish

    The Skyblivion crew pushed their launch past the original target after realizing they bit off more than they could chew. Project Lead Rebelzize said the total conversion mod that recreates Oblivion inside Skyrim's engine will drop sometime next year instead, with the Imperial City being the main...
  18. Munyaradzi Mafaro

    ARC Raiders tops Steam charts, sales win but snubbed for GOTY

    Embark Studios dropped ARC Raiders, and it apparently crushed the Steam charts for total copies moved, hitting 7.7 million sales across PC and consoles. The third-person extraction shooter beat out a bunch of indie games like RV There Yet and Peak, which is pretty wild for a new multiplayer...
  19. Munyaradzi Mafaro

    Nvidia brushes off AI bubble talk, Rubin chips near debut

    NVIDIA's CFO Colette Kress shut down bubble talk at a UBS conference, saying the industry is just switching from CPU-heavy setups to GPU-based accelerated computing. She mentioned Team Green has seven different chips working together versus the single-product ASIC approach, and CUDA keeps them...
  20. Munyaradzi Mafaro

    ROG RTX 5090 Matrix stalls, four grand buys a headache

    ASUS pulled their ROG RTX 5090 Matrix cards from Swedish retailers after discovering some unspecified quality problems with the $4,000 limited-edition GPU. The company plans to ship a revised version, but nobody knows when that's happening or what exactly went wrong with the original batch...
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