2 strategies, 7.4M users: Airtel vs. MTN mobile money

Airtel’s SmartCash is offering Nigerians free transfers and 15% annual interest on savings. MTN’s MoMo Payment Service Bank, meanwhile, has seen its core mobile money revenue more than double, largely because customers are keeping more money in their wallets. The two companies are pursuing the same opportunity, but recently released figures point to different approaches […]

Federal Ministry opens 3MTT delivery network with ₦4B to train Nigerians for jobs

The Federal Ministry has opened applications for organisations and experts to join the 3MTT Delivery Network, with about ₦4 billion earmarked for verified training outcomes in Cohorts 5 and 6.

South Africa’s 30% ownership rule under fire as Sakeliga launches legal challenge against ICASA

Business group Sakeliga wants a court to set aside ICASA’s May 2026 decision. It also wants the state to offer equity-equivalent alternatives to the 30% ownership requirement.

T2 Mobile growth has stalled since its 2025 rebrand

T2 Mobile's post-rebrand subscriber recovery has stalled, with NCC data showing no net additions between July and September 2026 as competitors continued to expand.

African AI startups are starved of funding. Enza Capital is betting $60 million on them

Enza Capital raises $21 million in the first close of its third fund to back African AI startups and address the continent's venture funding gap.

From mathematics graduate to senior product designer in 18 months

Tomilola Shitta shares how curiosity and continuous learning accelerated his product design career from intern to senior designer.

South African cross-border fintech Lumepay raises $6m pre-seed

South African fintech Lumepay has raised a $6 million pre-seed round from angel and local fintech investors. It has launched in Kenya and is live in eight African markets.

IHS Towers reports 21.4% year-on-year revenue growth in Q3 2026

IHS Towers revenue rose 21.4% to $490.5m in Q3 2026, driven by strong Nigerian performance, despite recording a quarterly net loss.

Raenest acquires Remitise, a UK-based payments company

Raenest has acquired UK-based Remitise to expand its regulatory footprint and gain greater control over its global payments infrastructure.

MTN, Airtel, Glo and T2 Mobile take House of Representatives to court over CEO summonses 

Nigeria’s biggest telecom operators have sued the House of Representatives over its network quality probe. They want the Federal High Court to rule on the limits of lawmakers’ investigative powers.

Feranmi Ajetomobi doesn’t want to be first. He wants to beat whoever got there first

Feranmi Ajetomobi grew Cowrywise from 500 to 100,000 users. Now at Timon, he explains how he picks jobs, why he fears multiple jobs, and how markets differ across Africa.

Best loan apps in Nigeria (2026): legitimate, low-interest options compared

Compare the best loan apps in Nigeria for 2026. See FCCPC-approved apps, real interest rates, loan limits and how to check a loan app is legitimate before you borrow.