By Dr. Robert Ekat In an increasingly interconnected world, where physical borders are diminishing in significance, the financial sector is undergoing a profound transformation. This evolution is largely driven by the rise of financial technology, or Fintech, which is reshaping the very nature of banking and making global financial transactions more accessible and efficient than…
By Ajibola Akindele West Africa continues to experience phenomenal growth; in fact, in according to research and visualisation mapping tool, Africapolis the region is undergoing one of the fastest urban transitions in the world. Cities like Lagos, Accra, and Abidjan are driven by population growth, rural-to-urban migration, and economic shifts. By 2050, Africa’s urban population is expected…
The Nigerian National Petroleum Company Limited (NNPCL) says the country is targeting $60 billion in new investments over the next five to seven years to expand gas infrastructure. Group Chief Executive Officer of NNPCL, Mr Bayo Ojulari, disclosed this while addressing a global audience from 150 countries at the opening of the Gastech Exhibition and…
The Nigeria Civil Aviation Authority (NCAA) has summoned all domestic airlines to a meeting in Abuja over recent flight disruptions, compensation issues and others. NCAA Director of Public Relations and Consumer Protection, Michael Achimugu, on his verified X handle, posted that the meeting will be held today (Wednesday) at the NCAA headquarters in Abuja. The…
Since the liberalisation in 2001, Nigeria’s telecom industry has created more than 500,000 jobs, transformed connectivity, and enabled economic growth, the sector regulator, Nigerian Communications Commission (NCC), said Tuesday. In spite of this success story, the sector is heavily plagued with the dearth of requisite skilled manpower that could reverse the gain, the regulator, warned….
Nigeria’s President Bola Tinubu has directed financial and capital market regulators to monitor the growing use of stablecoins and digital currencies in the country, warning that the shift away from traditional banking channels poses challenges that must be managed proactively. Speaking at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers…
The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have renewed their commitment to deepen collaboration in a bid to strengthen Nigeria’s tax compliance framework and boost public revenue. The development marks another step in the government’s push to curb leakages and foster voluntary tax compliance among citizens and businesses….
A new playbook for global expansion is emerging from Nigeria’s tech ecosystem, with leaders using the United Kingdom (UK) as a strategic hub to unlock international capital, top-tier talent, and regulatory credibility. Speaking at the GITEX Africa summit on the panel ‘Nigeria’s Fintech Revolution,’ moderated by the UK Prime Minister’s Trade Envoy to Nigeria, Florence…
A group, Abdurrahman Bashir Haske Women and Youth Forum (ABHWYF), has flagged off the distribution of free fertilizers and other essential farm inputs to famers, mostly the youths and women in agriculture, across the 21 local government areas (LGAs) of Adamawa State. The flag-off ceremony, which took place at the Lamido Zubairu Hall in Yola…
