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Joseph Olaoluwa

Joseph Olaoluwa is a seasoned journalist with a decade of experience covering a wide range of topics, including finance, technology, mobility, and business. As a Senior Reporter at Condia, he specialises in producing in-depth, investigative, and impactful stories. Olaoluwa has interviewed numerous tech industry leaders, including CEOs of prominent companies like CrowdyVest, Paga, Etranzact, Chams, Bolt, Indrive, and Uber. His work has been recognized with nominations for the Sanlam Group Awards for Excellence in Financial Journalism, the Nigeria Media Merit Awards (NMMA), and the PwC Media Excellence Awards.
Financial Services

EXCLUSIVE: Access Holdings shifts to consolidation phase after expansion drive

This strategic pivot is intended to address concerns among some shareholders and analysts who, despite the bank's significant expansion, have deemed its stock undervalued.

Telco

Legend Internet debuts on NGX, seeks ₦150 billion for fibre rollout

"Our growth thesis is simple: Nigeria's broadband future sits in the last mile. It is critically underserved, but Legend has built a sustainable and well-positioned model to lead the change," Aisha Abdulaziz, chief executive officer (CEO) of Legend Internet said.

Financial Services

Access Bank sets 2025 finish line for $100M acquisition of KCB unit

“My expectation is that before the end of the third quarter, we should see significant progress made on the NBK transaction. Without a doubt, it will be a 2025 play,” Ogbonna stated

Financial Services

BREAKING: UBA posts 33% rise in Q1 2025 profit as interest income surges

UBA is currently progressing with its equity capital raise program targeting up to ₦400 billion

News

Nigeria’s beloved Jollof Rice costs soar, reflecting inflation crisis

The rising cost of a staple dish like jollof rice serves as a tangible illustration of the economic pressures facing Nigerian households

Fintech

BREAKING: Access corp’s fintech arm, Hydrogen, reports 10x profit surge

This represents an almost tenfold increase compared to the ₦161 million profit recorded in 2023.

Fintech

BREAKING: Moniepoint launches remittance product

“We are using pricing as a pull factor. We want people to try the product because it’s affordable and stay because it works,” said Moniepoint’s CEO, Tosin Eniolorunda

News

Nigeria’s inflation accelerates to 24.23% post-rebasing

Headline inflation increased to 24.23% in March, up from 23.18% in February 2025, reflecting a balance between moderating and upward pressures.

News

“If you’re not registered with SEC, you’re illegal,” Nigerian govt to fintechs

The desire to fast-track digital asset licensing and registration is slowly becoming a core mandate for Agama in 2025.

Financial Services

VBank rebounds to profitability with ₦366 million in 2024

VFD Microfinance Bank's positive performance contributed to a wider recovery for its parent company, VFD Group Plc, which also rebounded to profitability after a ₦750 million ($471,824) loss in the previous year.

Financial Services

Wema Bank cuts fraud losses by 95% in 2024

Last year, the bank promised to hire more people in its digital compliance department to reduce the number of fraud cases

Fintech

Stanbic IBTC’s fintech subsidiary Zest widens losses to ₦2 billion in 2024

Profitability may be an uphill task for Zest, but total income is not. The fintech doubled its total income to ₦124 million from ₦68 million in 2023, showing great traction and promise

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