Konga extends Yakata sale to Dec 6 on overwhelming customer demand

In an unprecedented move that has sent waves of excitement across Nigeria’s shopping community, Konga, the nation’s leading composite e-commerce group, has announced a one-week extension of its blockbuster Yakata sale campaign. Initially scheduled to end on November 30, 2025, Nigeria’s biggest sale of the year will now run until Saturday, December 6, 2025. The…

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Nigeria’s NNPC posts 64% rise in annual net profit to $3.6b

Nigeria’s state oil company NNPC Ltd said on Monday it recorded a net profit of 5.4 trillion naira ($3.6 billion) in 2024, up 64% from a year earlier. “The earnings highlight the positive momentum of our ongoing transformation and the unwavering commitment of our workforce,” Group Chief Executive Bashir Bayo Ojulari told analysts. Ojulari said…

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Nigeria tech firm, Task Systems, wins Microsoft Best Partner Award in USA

At a time in the history of Nigeria when its reputation seems to have been slurred, an indigenous tech firm, Task Systems Limited, was honoured in the presence of thousands of global professionals with Microsoft Best Partner Award in California, United States of America (USA). It was a major rebranding for Nigeria as Task Systems,…

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EDC, FastCredit seal N2b single-digit credit for MSMEs deal

The Enterprise Development Centre (EDC) of Pan-Atlantic University has partnered with Fast Credit to launch a single-digit financing scheme aimed at empowering micros, small and medium enterprises (MSMEs). Speaking at the unveiling in Lagos, Acting Managing Director of Fast Credit Finance Company Ltd. Yetunde Faulkner, said the essence of the partnership is to ensure that…

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Nigeria’s, others’ instant payments hit $2tr driving inclusivity

Nigeria’s and other Africa’s digital payments landscape is expanding at a record pace, marking a turning point towards more inclusive interoperable financial systems. According to a report obtained at the weekend, 36 systems are now live across 31 African countries, with five launched over the past year. Collectively, they processed 64 billion transactions worth nearly…

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Airtel, itel seal 4G device financing deal

Airtel Nigeria has unveiled a new Smartphone Financing Programme to aggressively bridge the digital divide. The innovation provides existing Airtel customers with a flexible and convenient payment plan to own fourth generation (4G) smartphones and drive wider digital inclusion. Through this innovation, Airtel will finance new smartphones via its exclusive retail network, helping customers currently…

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