Joseph Olaoluwa

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.

BREAKING: Jumia narrows losses to $16.5 million in Q1 ’25 as currency problems pressure revenues

"We believe to be on track for the fourth quarter of 2026, targeting full-year profitability on a loss before income tax basis in 2027," said optimistic CEO Francis Dufay

Airtel Africa defies devaluations, posts $328M profit in FY ’25

Voice revenue regained control, rising to $1.96 billion and towering data revenues of $1.80 billion. Mobile money revenue grew to $994 million, with a continued strong performance in East Africa of 31.9% and Francophone Africa of 22.2%

BREAKING: Airtel Money plans 2026 IPO amid fintech growth push

Airtel Money has been a significant growth driver for Airtel Africa. The service operates in 14 countries across the continent, including key markets like Zambia, Uganda, Tanzania, Malawi, Gabon, and the Democratic Republic of Congo.

Nigerian ride-hailing drivers take welfare fight to lawmakers

Drivers suffering under the weight of macroeconomic conditions have continued to advocate for acceptable policies to survive the ride-hailing sector, enduring low patronage.

Cardoso’s CBN cuts government advances by 58%, signaling new fiscal discipline

This reduction marks a significant departure from the previous era under former CBN Governor Godwin Emefiele.

Egyptian fintech, Money Fellows eyes North Africa with $13M funding boost

North Africa is increasingly becoming an attractive market for digital financial services, driven by high mobile phone penetration and a growing tech-savvy population.

Joy is coming for MTN shareholders

"It is a focus area for the entire organisation to restore shareholder capital so we can return to the declaration of dividends in the shortest time possible." Karl Toriola, MTN Nigeria’s CEO said

MTN Nigeria returns to the black with ₦133.7 billion Q1 profit, first since 2023

Fintech revenue grew to ₦36 billion, driven by the strong performance of the airtime lending product (Xtratime) and higher float income in that aspect of the business.