Author: Staff Writer

Lagos is charting a bold new course in clean energy innovation and global sporting relevance, as it becomes the first African city to host the E1 Championship, the world’s premier electric powerboat racing series. Set for October 4–5, 2025, the event positions Lagos at the intersection of green transportation, urban…

In recent years, a quiet revolution has been taking place in the Nigerian film industry. No longer content to wait for licensing deals from traditional distributors like DStv or global streaming giants such as Netflix and Amazon Prime Video, many Nollywood actors, actresses, and producers are seizing control of their…

Rwazi has raised $12 million in Series A funding to revolutionize how companies gather real-time consumer insights across global markets. Led by Bonfire Ventures—with participation from Santa Barbara Ventures, Newfund, and Alumni Ventures—the funding will fuel the expansion of Rwazi’s AI-driven platform, support talent acquisition, and enhance its market intelligence…

Top Nigerian Fintechs such as Interswitch, Moniepoint, OPay, PalmPay, Piggyvest have been named in the recently published list of CNBC’s World’s Top Fintech Companies 2025. The list – compiled by CNBC in conjunction with market research firm Statista – follows analysis of key performance indicators, such as revenue growth, transaction…

Jumia Nigeria has appointed Temidayo Ojo as its new Chief Executive Officer, ushering in a new era for the e-commerce giant’s largest market. The announcement, made on Monday, signals the company’s continued focus on empowering local talent and deepening its regional leadership pipeline. Ojo steps into the role following the…

A groundbreaking partnership is taking shape between London and Lagos, uniting two of the world’s most dynamic cities in a shared vision to lead global innovation. During a landmark visit to Nigeria in July 2025, London Mayor Sadiq Khan and his delegation launched an ambitious initiative to deepen collaboration between…

Guaranty Trust Holding Company Plc (GTCO) has made history on the Nigerian Exchange (NGX) by becoming the first banking stock to break through the N100 price barrier. During mid-session trading on July 16, 2025, GTCO’s shares soared past the milestone, reflecting surging investor confidence and strong financial fundamentals. The achievement…

Morocco’s fledgling technology scene just recorded its largest locally sourced Series A of the year. ORA Technologies, the Rabat-based super-app developer best known for its “E-Morocco for Everyone” initiative, has confirmed a $7.5 million equity injection led by venture firm Azur Innovation Fund and supported by three additional Moroccan investors.…

Understanding the Journey, Not Just the Destination Customer experience in the insurance world has evolved far beyond a single transaction. Today, clients expect not only clarity and reliability from their providers but also personalized attention and responsiveness throughout every phase of the journey. Whether someone is comparing quotes, filing a…

Bitcoin has once again taken center stage in the financial world, crossing the $120,000 mark for the first time in its history. The digital asset hit an all-time high of $123,153.22 before stabilizing just below $120,000. This landmark surge marks a more than 27% rise in 2025 alone, underscoring renewed…

A major milestone in the evolution of Africa and the Middle East’s digital finance sector has been reached, as fintech leader Network International and UAE-based payment solutions provider Magnati have secured regulatory approvals to merge into a single entity. Backed by a Brookfield-led consortium, the merger is set to finalize…

The era when Bitcoin was dismissed as a fringe experiment is long gone. Today, institutional Bitcoin investments are gaining serious traction, redefining the market dynamics of digital assets. Hedge funds, pension managers, and even insurance giants are gradually carving out a space for Bitcoin in their portfolios, not out of…

Guaranty Trust Holding Company Plc (GTCO) has officially become the first financial services institution in Nigeria—and West Africa—to list its ordinary shares on the London Stock Exchange (LSE). The milestone, achieved on July 9, 2025, marks a defining moment in the company’s global growth strategy and underlines its long-term ambition…

Williams Fatayo, co-founder and former CEO of Nigerian logistics startup truQ, has stepped down from the company’s leadership, ending a five-year journey marked by rapid innovation, operational pivots, and now, controversy. His departure, initially framed as a personal and visionary transition, has taken on new complexity following an official statement…

Samsung recently launched its smartphone Z-series – the Galaxy Z Fold7 and Z Flip7. Before you think of picking up this phone or swapping your current phone with this latest phones, let us take a look at the difference between Fold6 and Fold7 among others. Here’s an in-depth comparison of…

Egypt-based real-estate technology firm Nawy has taken a decisive step into the Gulf market by acquiring a majority stake in Dubai-headquartered SmartCrowd, the first platform in the region to secure regulatory approval for fractional property investment. The deal, announced days after Nawy closed a US$52 million Series A round, signals…

OpenAI is gearing up to disrupt the web browser market with the launch of its own AI-driven browser, directly challenging Google Chrome’s long-standing dominance. The new browser is expected to debut in the coming weeks and aims to redefine how users interact with the internet by embedding AI agents directly…

Samsung has once again pushed the boundaries of mobile innovation with the launch of its highly anticipated Galaxy Z Fold7 and Galaxy Z Flip7. Unveiled at the Galaxy Unpacked 2025 event, the two devices represent a new chapter in the evolution of foldable smartphones—delivering slimmer designs, more intelligent software, and…

Hinckley E-Waste Recycling Ltd, a trailblazer in Nigeria’s circular economy, has secured fresh backing from Goodwell Investments and Alitheia Capital to expand its operations. The funding, channeled through the uMunthu II impact fund, will finance the development of Nigeria’s first dedicated lithium-ion and lead-acid battery recycling plants in Ogun State.…

Linda Yaccarino announced that she is stepping down as CEO of 𝕏. According to her on her page, “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company. I’m immensely…