Despite a complex regulatory environment, the nation’s resilient founders and deep talent pool have propelled the ecosystem forward, with on-chain value received rising 56% year-over-year to $92 billion, this is according to the second edition of the “Nigeria Web3 Landscape Report 2025” released by Hashed Emergent, the venture capital firm accelerating Web3 adoption in Africa…
Nigeria has strengthened her digital infrastructure and cybersecurity framework with the unveiling of Domain Name System (DNS) Security Extensions (DNSSEC) on the .ng domain. The feat was achieved by the Nigeria Internet Registration Association (NiRA), the registry responsible for managing Nigeria’s country code top-level domain (.ng). The unveiling positions the country among forward-looking nations that…
Leading technology platform, Glovo, is set to host the second edition of its flagship industry event, the Future of Commerce Summit 2.0 at the Landmark Events Centre, Victoria Island, Lagos. The summit which is slated for April 22, 2026, will convene key stakeholders across Nigeria’s technology, digital, and commerce ecosystems, providing a platform for meaningful…
Maliyo Games and Arizona State University, through its Endless Games and Learning Lab, at the weekend partnered to accelerate workforce development in artificial intelligence (AI) and game development across Nigeria and other countries of the continent to boost their share of the continent’s $5billion market. With scaling talent development across Africa at the centre, both…
Nigeria’s local carriers have issued a notice to withdraw flight services begining from Monday, April 20 if the Federal Government fails to intervene on the astronomical hike in aviation fuel price which has hit the rooftop from N900.00 per litre to over N3,300 per litre. Details coming Share on FacebookTweetFollow usSave
Nigeria’s consumer inflation rate quickened for the first time in a year in March with headline consumer inflation rising to 15.38% year-on-year, up from 15.06% in February, according to the National Bureau of Statistics (NBS) figures. Food inflation accelerated to 14.31% year-on-year, up from 12.12%. Analysts say this inflation spiral is a headache for President…
Nigerian Finance Minister and Chair of the G-24 coalition of developing countries, Wale Edun, said multilateral institutions should do more to support vulnerable countries weather the economic shocks of the war in the Middle East. “We would like them to do more, we definitely like them to provide, particularly at this time, additional liquidity risk…
Nigeria will slash import duties on food, vehicles and industrial inputs from July 1, the Presidency said on Tuesday, as Africa’s most populous country seeks to rein in inflation and ease rising living costs. The cuts include sharp tariff reductions on rice, sugar, palm oil, passenger vehicles and construction materials, with full exemptions for electric…
Rating agency, Fitch Ratings, has projected that Nigeria’s external reserves will decline to $47 billion by the end of 2026, despite ongoing foreign exchange (FX) reforms and recent improvements in macroeconomic policy. In its latest assessment affirming Nigeria’s long-term foreign-currency issuer default rating at ‘B’ with a stable outlook, the rating agency said the expected…
