Kuda Microfinance Bank has announced the release of My Year on Kuda, the 2025 edition of its much-anticipated yearly money recap. The recap gives Kuda customers a detailed review of how they spent, saved and managed money on their Kuda app throughout the previous year. The recap turns transaction activity into money insights that are…
PalmPay has opened a new office at 33 Old Yaba Road, Lagos, reinforcing its commitment to innovation, customer service, and operational growth in Nigeria. The new office represents a continued investment in PalmPay’s people, operations, and infrastructure, supporting the company’s ability to deliver reliable financial services at scale. Designed to accommodate PalmPay’s growing team, the…
Africa’s leading streaming service, Showmax, has expanded its payment options in Nigeria through a partnership with Baxi by Onafriq, giving customers an easier and more convenient way to subscribe and stay connected to world-class streaming entertainment. Starting Monday, 22 December 2025, existing Showmax customers can log into the Baxi by Onafriq app, select and pay…
The draft Spectrum Roadmap for the Communications Sector for between 2025 and 2030 lays out how satellite technologies could help deliver reliable voice and data services to millions of Nigerians who live beyond the reach of conventional mobile networks. The direction is outlined in the Commission’s draft Spectrum Roadmap for the Communications Sector covering the…
The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group (AfDB), has secured a record $11 billion from 43 partners for its 17th Replenishment (ADF-17), the largest in the fund’s history.The funding represents a 23per cent increase over the previous replenishment. AfDB said this sends a clear signal of confidence…
Non-member states of the Organisation of Petroleum Exporting Countries called OPEC+ opted for caution on Sunday, keeping its oil output policy unchanged after a short, tightly focused meeting that deliberately avoided the mounting political crises involving several of its members. The decision points to how the alliance is navigating one of its most complex operating…
NIGERIA has posted an overall balance of payments surplus of $4.60 billion in third quarter (Q3) of 2025, a radical shift from the deficit position in the preceding quarter according to data released by the Central Bank of Nigeria (CBN). Acting Director of Corporate Communications at the CBN, Hakama Sidi Ali (Mrs.), also announced that…
Oil markets have recorded their steepest annual fall since the COVID pandemic and could be on track to plummet further as oil producers continue to pump more crude than needed by the global economy. Oil prices slumped by almost 20per cent in 2025, marking the biggest annual loss since 2020 and the first time that…
Nigeria is ready to consolidate and deepen the Comprehensive Strategic Partnership with China in 2026, Director-General and Global Liaison of the Nigeria–China Strategic Partnership, Mr. Joseph Tegbe has assured. He noted that emphasis will continue to be placed on cooperation that directly supports Nigeria’s development priorities, including economic diversification, infrastructure delivery, human capital development, technology…
