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Telco

MTN Nigeria posts ₦414 billion profit in H1’25 on increased data growth, stable FX

Data revenue grew to ₦1.23 trillion, overtaking voice revenue contributions to ₦887 billion.

Exclusive

Carbin Africa to drive TIM Motors’ new & used vehicle rollout in Nigeria

Carbin Africa will support the rollout of new cars while maintaining its focus on foreign-used vehicles

Mobility

Spiro eyes 10x revenue jump to $200millon in 2025

Spiro, Africa’s leading electric mobility startup, targets $200 million revenue in 2025—a tenfold jump from 2024.

Internet

A four-step plan to fix Nigeria’s broken internet

This four-pronged approach requires political will and strategic investment. But the cost of inaction is far greater.

Financial Services

GTCO debuts on London Stock Exchange with 36.4 billion shares

The London listing represents a significant continuation of this capital-raising drive ahead of the 2026 deadline.

Internet

What Nigeria can learn from America’s digital playbook

The success of South Africa, which boosted its internet penetration from 21% to 79% in a decade through focused initiatives like the SA Connect project, proves that this model works.

News

Afrieximbank launches PAPSS Card. Why now and what about AfriGo?

Afrieximbank announces PAPSS card, following in the footsteps of Nigeria's AfriGo. Why are there more domestic card schemes in Africa? Verve.

Insider

Condia Insider: How Nigeria’s new tax law will affect you

Nigeria’s new tax law introduces tax exemptions for low income earners, audit exemptions for small businesses, crypto taxation, and new rules for remote workers. Here’s what individuals and companies need to know.

Mobility

Nigeria’s ride-hailing union, AUATON, pass vote of no confidence on president

The leadership crisis deals a significant blow to a union whose very inception was a protracted battle, culminating only in late 2023 after years of fragmentation.

News

Nigeria captures 33% of African blockchain deals as continent outpaces global adoption

Nigeria grabs 33% of all blockchain deals across Africa while the continent doubles global blockchain adoption rates, reaching 7.4% of total VC funding.

AI

Why AI adoption in Nigeria isn’t just a tech problem

In the race to build Africa’s future, the biggest hurdle isn’t money or infrastructure. It’s a deeply ingrained belief that we’re better off not touching things that seem to be working.

News

Nigeria’s inflation cools to 22.97% in May as food risks mount

Nigeria's headline inflation has decelerated for the second time consecutively in the month of May

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