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News
Nigeria???s payment industry heads for local data shift as Techeconomy opens GrowthX 2026
1+ mon, 1+ day ago (685+ words) Global Data Centre Dynamics awards Rack Centre for its operations Nigeria’s payment and technology industry is heading towards a major data localisation shift as operators prepare for new requirements around the storage and management of payment transaction data generated within…...
Africa can unlock new industries through environmental intelligence??? Ofili
1+ mon, 4+ day ago (407+ words) “For many years, sustainability was largely viewed as a regulatory obligation or corporate social responsibility initiative,” she said. “That perspective is changing. Environmental data has become business data, and organisations that understand environmental change early will be better positioned to…...
NGX Group CEO identifies AI, energy, agric as Nigeria's next investment frontiers
1+ mon, 3+ week ago (412+ words) Temi Popoola, group managing director and chief executive officer of Nigerian Exchange Group (NGX Group), has identified artificial intelligence (AI), energy and agriculture as sectors poised to shape Nigeria’s next phase of economic growth, underscoring the importance of directing capital…...
Why Nigeria's Crypto ban added friction without stabilising the naira
4+ mon, 3+ week ago (271+ words) When the gap between Nigeria’s crypto-implied naira rate and the official exchange rate widened, policymakers reached for the obvious lever, crypto. Restrict it, and the pressure on the naira would ease. I examined 1,835 trading days of matched data on the…...
Anthony Olanrewaju Named Among Nigeria’s Top 100 Persons of the Year
4+ mon, 3+ week ago (371+ words) Anthony Olanrewaju Aderinwale, co-founder and chief executive of Hermplify Technologies Ltd., has been named among Nigeria’s Top 100 Persons of the Year by 40Under40 Nigeria, in a recognition that highlights a shift toward impact-driven leadership in the country’s innovation space. The annual…...
Meet Foluso Phillips, the economist who built a consulting institution and never stopped believing in people
7+ mon, 1+ week ago (752+ words) At 67, Foluso Phillips is not slowing down. If anything, he sounds clearer, calmer and more convinced than ever that people, not policy slogans, are the real engine of economic growth. As he marks his 67th birthday, the industrial economist and management…...
Consistency, not cost, breaks supply chains in Nigeria
8+ mon, 3+ week ago (555+ words) In many Nigerian households, there is a familiar conversation that plays out quietly over time. A product that used to taste better. A brand that once felt more reliable. A service that worked smoothly but now feels unpredictable. The recent…...
Santa rally firms on NGX as deals hit 18-yr high of N10.54trn
8+ mon, 3+ week ago (509+ words) Nigeria’s stock market is racing to an impressive close this year as evidenced in renewed buy activities on the Bourse ahead of Christmas and New Year breaks. This positive comes as Nigeria records N10.54trillion equities transactions in eleven months to November…...
FXTM bets on Nigeria’s retail traders with $50 entry platform
11+ mon, 3+ week ago (290+ words) FXTM, the global online trading firm, is expanding its push into Africa’s most populous nation with a platform designed to capture Nigeria’s growing appetite for retail investing. The company on Tuesday launched FXTM Edge, a trading account that allows users…...
Top 10 Nigerian tech founders building game-changing products for Africa
11+ mon, 3+ week ago (1525+ words) Nigeria’s tech ecosystem has exploded into a powerhouse driving digital transformation across Africa. The country now hosts over 3,360 startups, the highest number on the continent. These entrepreneurs have built solutions addressing critical challenges from payments to education, creating billions in…...