Joseph Olaoluwa Olaoluwa

Jaiz Bank taps ex-CBN director to lead compliance as recapitalisation deadline looms

The move underscores a broader scramble for seasoned compliance and risk professionals in Nigeria’s financial services industry.

Transcorp Hotels Plc appoints Dr Awele Elumelu Board Chairman

"Her strategic insight will be invaluable, as we continue to elevate guest experiences and deliver sustainable value to all stakeholders, ”Group Chair of Transcorp Group, Tony O. Elumelu said.

What Zepz stablecoin card launch tells us about Bridge’s growing influence and competition

Leveraging Bridge for Zepz stablecoin-linked cards speaks volumes about the startup's growing influence in the stablecoin industry and how competition is shaping up.

Moniepoint launches inventory and PoS system, Moniebook to close the loop for retail businesses

Moniebook is designed to replace the manual "pen and paper" ledgers prevalent among Nigerian SMEs.

The Moove pitch that became a debt trap for Lagos drivers

Moove's pitch is seductive: democratize vehicle ownership in a market where credit is scarce. But for drivers like him, the math has quickly turned predatory.

Nigeria holds rates at 27% to cement inflation wins

The decision effectively rules out further rate adjustments until at least 2026, pivoting away from the surprise cut delivered in September—the first in five years.

MTN Group’s remittance flows hit $3.4 billion, signalling new phase in Africa’s fintech race

MTN processed $3.4bn in remittances in 2025, a 13% rise as it battles fintech rivals for Africa’s cross-border payment market. Read more.

Local listing dreams fades, as 46% of tech founders desire M&A exits

The desire to maintain absolute control and a deep-seated fear of public scrutiny have made an IPO a non-starter for most.

IHS Towers’ $147M Q3 profit driven by naira gains, masking MTN churn

Investors, who have weathered four years of steep losses, may welcome the black ink, but a closer look reveals the profit was fueled by a $353.6 million favourable swing in net finance costs.

Jumia CEO sees ‘Inflection Point’ as Q3 revenue climbs 25% to $45.6 million

"We believe Jumia has reached an inflection point as our compelling value proposition, and improved operational discipline position us for sustainable, profitable growth,” said CEO Francis Dufay

Lagos mandates QR codes, driver tags for all ride-hailing cars

"It is a gradual process that has begun," said Olasunkanmi Ojowuro, Director of Transport Operations at the Lagos Ministry of Transport.

Ventures Platform closes $64 million, elevating Nigerian government as investor

The firm's fund II will focus on what it deems critical infrastructure, targeting fintech, healthtech, agritech, edtech, and AI