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.

SEC flags unregistered investment schemes by PWAN/PWAN MAX

Nigeria’s SEC has issued a public warning against PWAN and PWAN MAX, calling out their unauthorized capital-raising practices and possible ponzi structure.

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.

Students heave sigh of relief following MTN’s come back to Kogi

MTN Nigeria has resumed full network services across Kogi State after a two-week outage caused by a tax dispute. The return brings major relief to over 1.5 million residents and students at Federal University Lokoja who faced severe academic and communication setbacks.

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.

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.

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: 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.

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.

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

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.