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Moove, the global mobility company founded in Lagos, has announced plans to conclude its operations in Nigeria six years after launching in the country. As part of its exit, the company said it will t…
TechCabal · ↗ Two viral games found an audience. Can Nigerian gaming follow?Lagos Run and Lagos Life are changing the conversation around Nigeria’s gaming industry and its future.
Nairametrics · ↗ Cybersecurity: BluDive, Delinea urge organisations to strengthen privileged access management as AI reshapes enterprise riskAs organisations accelerate their adoption of artificial intelligence, cloud computing, automation and digital services, BluDive Technologies Limited and Delinea have called on enterprises to make ide…
Nairametrics · ↗ BREAKING: Nigeria’s net foreign reserves rise to record $46 billionNigeria’s net foreign reserves have risen to $46 billion, while stability in the foreign exchange market is helping to strengthen investor confidence, Central Bank of Nigeria (CBN) Governor Olayemi Ca…
Nairametrics · ↗ Hydrogen empowers teachers and students to leverage AI responsibly through Ai4learning initiativeHydrogen Payment Services Company Limited, working with the Lagos State Ministry of Basic and Secondary Education and its Education District III office, has concluded its inaugural AI4Learning Initiat…
Nairametrics · ↗ Ghana raises $288 million debt to finance cocoa purchasesThe Ghana Cocoa Board (COCOBOD) has raised 3.39 billion cedis ($288.02 million) through a short-term debt issuance in the domestic market to finance cocoa purchases from farmers as the country’s new c…
Nairametrics · ↗ Lagos targets up to 3,000MW power capacity for Lekki corridor – LASERCLagos State has indicated that electricity capacity in the Lekki corridor could be built up to between 2,500MW and 3,000MW as development and economic activity expand across the area.
Nairametrics · ↗ President bio and Tony Elumelu rally West African private sector to turn regional potential into investment, industry and jobsAhead of the inaugural West Africa Integration and Investment Summit, Co-chairs Sierra Leone’s President Bio and Elumelu, convene investors and financial institutions to accelerate capital mobilisatio…
TechCabal · ↗ Goodbye mango tree, hello AWS: The cloud sovereignty paradox behind Nigeria’s new postcodeNigeria’s new digital postcode system promises to make buildings easier to find, improving deliveries and access to essential services. But that precision raises questions about where the national add…
Nairametrics · ↗ Kenyan investors face refunds if Dangote Refinery IPO misses key thresholdKenyan investors can now participate in the Dangote Petroleum Refinery Initial Public Offering (IPO) through a KES 39 billion Global Depository Receipt (GDR) offer, but the transaction will only proce…
Nairametrics · ↗ Naira extends Bullish streak against British Pound at N1,767/£The Nigerian currency continued its bullish trend against the British pound due to Nigeria's strengthening economic fundamentals.
TechCabal · ↗ NeoFleet Capital raises $4 million to finance taxi fleets across Africa and emerging marketsNeoFleet, a Cyprus-based mobility finance company that operates in Senegal, Côte d'Ivoire, and Peru, has raised a $4 million pre-seed round.
Nairametrics · ↗ AU cautions AfCRA won’t cut Africa’s borrowing costs immediatelyThe Chairperson of the African Union Commission (AUC), Mahmoud Ali Youssouf, has cautioned that Africa's newly launched credit rating agency will not significantly reduce borrowing costs for African c…
Nairametrics · ↗ Samsung projects record $80 billion Q3 operating profit on AI chip demandSamsung Electronics has projected a quarterly operating profit of 107.4 trillion won ($80.17 billion) for the July-September period, which would be the highest quarterly operating profit ever recorded…
Nairametrics · ↗ West African crude trades at biggest discount in over a decadeWest African crude has traded at its biggest discount in more than a decade as soaring freight costs and weaker Asian demand put pressure on oil cargoes from the region.
Nairametrics · ↗ Nigeria’s fixed-income market to receive N11 trillion inflow in October — Cordros CapitalNigeria’s fixed-income market is expected to receive about N11 trillion in liquidity inflows in October, which Cordros Capital says could sustain reinvestment demand and put further downward pressure…
Nairametrics · ↗ Top 10 largest creditors behind Nigeria’s $54.5 billion external debtNigeria’s external debt stock increased to $54.52 billion as of June 30, 2026, up from $51.90 billion at the end of March, as fresh financing from multilateral institutions, bilateral partners and syn…
Technext · ↗ 7 Ways Beauty Salons Can Reduce No-Shows and Protect Daily RevenueUnmanaged no-shows and last-minute cancellations represent a primary source of operational friction and revenue loss for beauty salons,…
Technext · ↗ 6 African fintechs heading toward an IPO and where they standAfrican fintechs are lining up for the stock market, and most of them aren’t listing at home. Over…
Nairametrics · ↗ Aiyedatiwa Unveils Ondo AI, Positions State for World Bank HOPE-GO MilestonesOndo State has launched Ondo AI, a new artificial intelligence platform built by SmartApps Limited to power a growing suite of government services, beginning with Ondo Pay, its Digital Human Resource…
Nairametrics · ↗ UN says inaccurate credit ratings cost Africa $74.5 billion annuallyInaccurate and context-poor sovereign credit ratings are estimated to cost African countries about $74.5 billion annually through higher borrowing costs and lost financing, the United Nations has said…
Nairametrics · ↗ VFD Group Appoints Ijeoma Emezie-Ezigbo as First Deputy Managing Director, Strengthens Institutional GovernanceVFD Group Plc, a leading investment company with interests across financial services, technology, capital markets and other strategic sectors, has announced the appointment of Ijeoma Emezie-Ezigbo as…
Nairametrics · ↗ Naira emerges among Africa’s strongest currencies despite Q2 market turmoil — World BankThe naira was among Africa’s most resilient currencies in the second quarter of 2026, with its maximum depreciation capped at 2.6% despite widespread exchange rate pressures across the continent.
Nairametrics · ↗ Regxta disburses ₦10 billion to micro-businesses using alternative-data credit scoringLagos-based Regxta Global Services Limited has disbursed more than ₦10 billion in loans to individuals and micro-business owners across Nigeria, as the lender expands a credit model designed for borro…
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