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Airtel Africa teams up with SpaceX to expand Starlink internet in underserved regions

The rollout will cover Nigeria, Kenya, Malawi, Madagascar, Zambia, Rwanda, Niger, Chad, and the Democratic Republic of Congo, all markets where Airtel is already active.

News

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

News

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.

News

Kogi students relocate, protests loom over crippling MTN shutdown

MTN’s network shutdown in Kogi State has disrupted education and commerce, forcing student relocations and triggering plans for mass protests over a ₦1.2 billion tax dispute.

Exclusive

Exclusive: Nigerian Fintech Bankly gets acquired by C-One Ventures

Bankly’s CEO and co-founder, Tomilola Majekodunmi, will step back from daily operations but remain involved in an advisory role.

Fintech

Scoop: CBN releases list of 108 IMTOs with commercial approval

Full list and country breakdown of all the 108 IMTOs licensed by the CBN to facilitate inward remittance to Nigeria.

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

Crypto

BREAKING: CBEX Ponzi investment platform collapses, leaving investors $12 million poorer

The CBEX Ponzi scheme operated for nearly two years, promising 100% returns in 30 days through an alleged AI-powered trading platform. Despite SEC warnings about unregistered platforms, thousands of Nigerians invested before accounts were frozen or emptied.

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.

News

“Zap is not a remittance app,” Paystack explains

The clarification follows a report suggesting that Zap requires an International Money Transfer Operator (IMTO) license and was launched without regulatory approval from the Central Bank of Nigeria (CBN).

Crypto

Binance adds Apple Pay and Google Pay options through Worldpay partnership

Binance is integrating digital wallets like Apple Pay and Google Pay to simplify crypto onboarding, betting that easier access can draw new users despite growing market uncertainty.

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