Joseph Olaoluwa

Nigeria’s inflation cools to 22.97% in May as food risks mount

Nigeria's headline inflation has decelerated for the second time consecutively in the month of May

EXCLUSIVE: Ex-Moniepoint executive sues unicorn over stock options worth nearly $1M

An ex-Moniepoint staff, claims that the fintech unicorn engaged in malicious actions to deny him of stock options estimated to be worth $889,600 in the secondary market.

EXCLUSIVE: Access Holdings acquired ARM Pensions for ₦152 billion in 2024

The current business combination between Access pension and ARM is sure to give Stanbic IBTC Pension Managers some pressure in pole position.

dLocal to acquire Aza Finance

dLocal's growth has been significantly propelled by its strong presence in the Middle East and Africa, regions characterised by high cryptocurrency adoption.

EXCLUSIVE: Airtel locks in Madagascar future with $32.5M, 15-Year license

This strategic investment underscores Airtel's intent to solidify its footprint in a market characterised by a robust and growing ICT sector, despite Madagascar's broader economic challenges.

Nigeria’s Central Bank holds rates steady at 27.50% as inflation cools

The Consumer Price Index (CPI) eased to 23.71% last week, reinforcing expectations among economists for a pause in the aggressive rate hikes seen over the past two years under President Bola Ahmed Tinubu.

Naira Boost, improved revenue drives IHS Towers to profitability since 2021

The improving backdrop in Nigeria, marked by greater stability in the naira and recent tariff increases, is bolstering confidence.

EXCLUSIVE: Avalon Health Co-Founder Ebrahim exits, starts new venture

Access Health, Ebrahim’s new venture, will focus on reimagining health financing, a major challenge for many across the African continent

Tantalizers swaps burgers for broadcasts in renewed digital content play

The expansion into new sectors is supported by a $25 million financing facility, aimed at bolstering Tantalizers' ambition to become a top 50 company on the NGX.

Nigeria’s inflation eases to 23.71%, reducing possible rate hike

Analysts widely anticipate the central bank holding rates for a second consecutive time, as it did in February, owing to reduced consumer prices and rebased inflation figures.

Jumia expands delivery service to Nigeria ahead of 2027 profitability target

The initiative represents a strategic pivot for Jumia, following a period focused on cost optimisation.

Uber pilots two wheeler service in Johannesburg, eyes untapped South African market

South Africa does not have a widespread, formally recognized motorcycle taxi industry in urban centers. Uber Moto hopes to change that gradually with a pilot phase.