Justina Salami

MTN halts XtraTime service amid Nigeria’s new digital lending rules

MTN Nigeria has suspended its XtraTime service, citing compliance with new consumer lending regulations that now classify airtime credit as a loan product.

Flutterwave hosts investor roundtable on Africa’s digital economy at IMF–World Bank meetings

Flutterwave brought together global investors and policymakers at the IMF–World Bank Spring Meetings to discuss infrastructure, regulation, and funding challenges in Africa’s digital economy.

Moniepoint, Flutterwave, LemFi, Moove, and Paga named in Endeavor’s 2026 outliers cohort

Five Nigerian companies were selected for Endeavor’s 2026 Outliers cohort, making up nearly half of Africa’s representatives in the global network of scaleups.

This Uniport student built the audio version of Giphy and won $37k to scale it

A Uniport student built BickQR, an audio meme app for sharing viral sounds like GIFs. Now he’s won $37K to scale it.

Best loan options for corps members in Nigeria

Best NYSC loan options in Nigeria. Compare GTBank, Wema Bank, BOI GEF, and CBN YIEDP loans, requirements, and how to apply.

TLG Capital closes $5 million credit facility for Zambian SME lender Shona Capital

TLG Capital has provided a $5 million credit facility to Shona Capital Zambia to scale SME lending and address financing gaps in the country.

Nigeria regains frontier market status after years of FX constraints

FTSE Russell has approved Nigeria's return to frontier market status, effective September 2026. A reversal that could unlock foreign capital flows into Nigeria's tech ecosystem.

Madica invests $600K in Kilimo Fresh, Hakimu, Biovana pre-seed round

Madica invests $200,000 each in Kilimo Fresh, Hakimu, and Biovana, expanding its African startup portfolio and launching a pre-seed fundraising guide.

NDPC opens investigation into Remita, Sterling Bank over data breach claims

The Nigeria Data Protection Commission (NDPC) is investigating Remita and Sterling Bank over claims of data breaches involving leaked KYC documents and internal systems.

CBN orders banks to assess their own cybersecurity within 21 days

CBN has given Nigerian banks 21 days to complete a cybersecurity self-assessment, warning that false submissions will attract sanctions under BOFIA 2020.

SportyBet signs DJ Khaled and what it signals about Nigeria’s gambling market

DJ Khaled’s SportyBet deal highlights Nigeria’s booming $3.6B betting market, where fintech, mobile adoption, and celebrity influence are driving rapid growth.

Only 2 of the 32 identified S-VCG startups granted ₦50 million were led by women

Nigeria’s ₦2.25 billion student startup fund shows a gender gap, with only two identified women-led ventures among 32.