Showmax adds Baxi by Onafriq to payment options

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…

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Nigeria mulls satellite-to-mobile services

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…

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AfDB mobilises $11b for investment-led development

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…

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OPEC+ holds output steady as geopolitics eclipse market fundamentals

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…

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Nigeria posts $4.6b Q3 balance of payment surplus, PMI hits 57.6 points

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…

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Nigeria to consolidate partnership with China

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…

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NCC urges caution against cyber-crooks

THE Nigerian Communications Commission (NCC) has warned that the widespread use of smartphones, computers and internet-based services in daily life has significantly increased exposure to risks such as phishing, online scams, malware and identity theft. It warned that cybercriminals often take advantage of human mistakes, noting that a single careless click could lead to the…

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Nigeria seeks bite in $7.5b global ginger market

Nigeria’s ginger export industry is positioning itself for a stronger performance next year, spurred by renewed international technical support, fresh investments, and stepped-up security measures in key farming belts. The global ginger market is projected to expand from $4.41 billion to $7.50 billion by 2033, recording a compound annual growth rate of 6.08 per cent…

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