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Anthropic has warned that small artificial intelligence (AI) models could replicate themselves across everyday internet-connected devices, including smart TVs and ovens, within months, raising concern…
Nairametrics · ↗ Liberia seeks Nigeria’s insurance regulatory playbook after N720 billion recapitalisationThe Central Bank of Liberia (CBL) has approached Nigeria’s National Insurance Commission (NAICOM) for technical guidance on risk-based capital requirements, insurance supervision, and regulatory trans…
Technext · ↗ Asia’s AI Play Technext · ↗ NIBSS taps Transactility’s open-source technology to strengthen Nigeria’s payment systemThe Nigeria Inter-Bank Settlement System (NIBSS) is stepping up its game with the launch of the National Payment…
Nairametrics · ↗ Kenyan parliamentary leaders back Dangote’s Lamu refinery, pledge support for IPOKenyan parliamentary leaders have thrown their weight behind the Dangote East Africa Petroleum Refinery and Petrochemicals project in Lamu and pledged support for the Dangote Petroleum Refinery and Pe…
TechCabal · ↗ Microsoft to shut Nairobi engineering centre, putting hundreds of jobs at riskIt would unwind a project built on the promise that African engineers could build products for global markets without leaving the continent.
Nairametrics · ↗ Ibom Air appoints Mfon Udomah, Eno Udoma-Eniang as executive directorsIbom Air has appointed Mr Mfon Udomah and Dr Eno Udoma-Eniang as Executive Directors in charge of Finance and Legal and Corporate Affairs, respectively, as the airline positions itself for its next ph…
TechCabal · ↗ After Koko’s collapse, Circle Gas faces Kenya’s carbon-credit testCircle Gas lost $39.3 million in 2025, held $1.1 million in cash at year-end and reported net liabilities of $156.7 million. It needs about $28 million in new funding to finance its growth plans.
Nairametrics · ↗ Naira holds near N1,333/$ as FX turnover swingsThe naira traded near N1,333 per dollar on Monday, October 12, 2026, as reported turnover in the Nigerian Foreign Exchange Market (NFEM) fluctuated sharply across trading sessions.
Nairametrics · ↗ OPay earns more from lending than payments as profit hits $90.9 millionOPay Limited has reported revenue of $467.06 million in the first half of 2026, up 136.5% from $197.48 million a year earlier, while profit after tax more than quadrupled to $90.87 million from $21.71…
Nairametrics · ↗ Nigeria, AfDB to review $6.2 billion project portfolioNigeria and the African Development Bank (AfDB) have agreed to review the country’s $6.2 billion project portfolio to identify implementation challenges, accelerate project delivery and align ongoing…
Nairametrics · ↗ Over N1 billion in fraud went undetected in West Africa in H1 2026 — ReportA new report by Cybersecurity firm, esentry, has revealed that more than N1 billion in fraud went undetected by automated security systems across West Africa in the first half of 2026, exposing gaps i…
TechCabal · ↗ 👨🏿🚀TechCabal Daily – A not-so-Flash dealIn today's edition: Pepkor’s fintech merger faces shareholder pushback || Quickmart cuts founder-linked contracts || Eskom enters the EV charging business || Dangote Refinery extends IPO timeline
Nairametrics · ↗ DMO plans N5.75 trillion FGN bond offers in Q4 2026The Debt Management Office (DMO) plans to offer N5.75 trillion in Federal Government of Nigeria (FGN) bonds in the fourth quarter of 2026, according to its provisional issuance calendar.
Nairametrics · ↗ Nigeria spends $1.82 billion on external debt service in H1 2026Nigeria spent $1.82 billion servicing external debt in the first half of 2026, down 21.5% from $2.32 billion in the same period of 2025, even as interest payments to creditors, especially Eurobond inv…
Nairametrics · ↗ How Keystone Bank is redefining community impact through empowerment, opportunitiesKeystone Bank Limited is demonstrating that meaningful community impact goes beyond giving back; it is about creating opportunities that empower people, strengthen communities and support a more susta…
Nairametrics · ↗ BREAKING: IMF raises Nigeria’s growth forecast to 4.2%, acknowledges Nigerians are sufferingThe IMF also called for immediate relief from rising food and energy costs stating that they are mindful that Nigerians are suffering.
Technext · ↗ We are not slaves: Protesting drivers ask Bolt and inDrive to raise fares or leave NigeriaA video of drivers protesting against inDrive and Bolt is trending on X, with one driver demanding that…
Nairametrics · ↗ FMDA projects N2.499 trillion money-market inflows as system liquidity falls 23.7%Nigeria's money market is expected to receive approximately N2.499 trillion in inflows during the week beginning October 12, 2026, with maturing Open Market Operations (OMO) bills accounting for nearl…
Nairametrics · ↗ Nigerian stocks shed N407 billion, banking sell-off drags market lowerThe Nigerian stock market began the week on Monday, October 12, 2026, in red as total equities market capitalisation contracted from N161.26 trillion recorded on Friday, October 9, to N160.85 trillion…
Technext · ↗ Nigerians consume 1.76 million terabytes of data in August 2026, the highest yetLatest industry data by the Nigerian Communications Commission (NCC) has shown that Nigerian internet subscribers used 1.76 million…
Nairametrics · ↗ BREAKING: Dangote Refinery heads to Appeal Court over ‘continual fuel import licences’ judgementDangote Petroleum Refinery Petrochemicals FZE has urged the Court of Appeal in Abuja to grant it permission to challenge a recent Federal High Court judgment ordering the Nigerian Midstream and Downst…
TechCabal · ↗ If AI prompts can build your product, will African VCs still invest?Six African investors explain what makes African AI startups fundable: local-language voice products, sticky software, licences and revenue.
Nairametrics · ↗ BREAKING: Dangote Refinery extends IPO subscription deadline to October 27Dangote Petroleum Refinery and Petrochemicals FZE has extended the subscription period for its initial public offering (IPO) by two weeks to October 27, 2026, following approval from the Securities an…
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