Author: Smart Megwai

If you’re a small business owner, maybe you’re selling amazing shea butter in Lagos, or handcrafted leather bags in Nairobi; what’s your biggest dream? It’s to grow. To sell more. And what’s the most significant, newest, most game-changing market that has ever existed for an African entrepreneur? It’s the AfCFTA,…

59.7 million is not just a number; it’s like the entire population of South Africa or Italy disappearing from our national phone book. This figure represents a significant loss, and it comes from the NCC’s 2024 Subscriber/Network Performance Report. This report reveals a much bigger story than just “59.7 million…

Nigeria has many talented people. At universities like UNILAG and ABU, students have great ideas that could change the world. They are creating apps, working with hardware, and finding solutions for issues in areas like logistics and healthcare. But there is a major problem: money. And not just any money,…

The Federal Government of Nigeria is set to establish 500 Compressed Natural Gas (CNG) refuelling stations nationwide within the next three years, marking a significant move to accelerate the country’s transition to cleaner and more affordable fuels. The initiative aims to ease the severe economic pressure on petrol consumption following…

Paystack, a well-known fintech company in Africa, has suspended its co-founder and Chief Technology Officer, Ezra Olubi. This decision comes after a combination of two distinct issues: the discovery of disturbing social media posts from his past, and a separate, more recent allegation of sexual misconduct. In recent days, a…

In Kenya, M-Pesa is more than just a mobile money app; it is crucial to the economy. It is the main way to pay for things like school fees, salaries, groceries, and government services. The Kenyan government is now asking an important question: What happens when the company that owns…

The Lagos State Internal Revenue Service (LIRS) has shut down Shoprite’s main store, one of the busiest supermarkets in Nigeria, due to claims of not complying with tax laws. This is more than just a fine. LIRS is using a strong approach, and this situation has an interesting and complex…

The “Electric Vehicle Transition and Green Mobility Bill,” sponsored by Senator Orji Uzor Kalu, just passed its second reading in the Senate. This bill goes beyond a simple idea to encourage green practices. It is a major plan to completely change the Nigerian auto industry and focus on building vehicles…

You see an ad on Instagram for a “flash sale” from an unknown e-commerce store. It features a “miracle” medical product or an “unbeatable” investment scheme. Your instinct tells you it seems “too good to be true.” A recent leak of internal Meta documents, reported by Reuters, confirms your instinct…

On Thursday, the Abuja Electricity Distribution Company (AEDC) announced it was laying off 800 workers as part of a “restructuring exercise.” According to the press statement, this was “aimed at delivering improved services to its customers as well as enhanced operational efficiency and excellence.” However, customers felt the opposite. One…

The Nigerian Railway Corporation (NRC) just declared that it plans to transition its rail network to electric-powered trains within five years. An official press release from the NRC, dated November 5, 2025, confirms this is the new policy framework. The statement, which you can see in a post on X…

Starting November 20, 2025, you will use a new digital arrival card to enter China. This change ends the use of the old paper form that travellers used to fill out on the plane. The digital arrival card is part of a larger plan to make travelling to and through…

The new data from the Nigerian Communications Commission (NCC) looks like a simple “number go up” story. Active telephone subscriptions climbed to 173.54 million in September. Broadband penetration hit a new record of 49.34%. Teledensity, which is the number of active lines per 100 people, also ticked up to 80.05%.…

The Federal Competition and Consumer Protection Commission (FCCPC) is taking a strong stand against deceptive practices in business. Their enforcement team, led by Mrs. Boladale Adeyinka, has shut down five large textile warehouses in Kano. These closures are not due to cleanliness or tax issues, but because of scams involving…

Recall that just last week, a new economic report from a think tank called Quartus Economics made a bold suggestion: our cash system is broken, and the CBN should fix it by introducing N10,000 and N20,000 notes. The response from the people who actually run the businesses and employ the…

Prince Nnamdi Ekeh, the Group CEO of Konga, was just honoured in London at the House of Lords. And not with one, but two massive awards on the same night: the Forbes Best of Africa E-commerce Leadership Award and the Distinguished Euro Knowledge Award for Emerging Leadership. It’s a huge…

Stallion Group has unveiled four new vehicles from its MG range, and it’s not just another launch. This is a four-pronged attack on every single segment of the Nigerian auto market. And the star of the show, the one that everyone is talking about, is a car that seems custom-built…

Starting tomorrow, Nigeria’s top online shopping sites will begin a month-long shopping event called Black Friday. Here’s what to expect: However, many Nigerians have a big concern: “Am I going to get scammed?” We’ve all seen it happen. A tempting 60% discount on a TV that just had its price…

If you’re a fintech founder in Nigeria, to whom do you answer? Is it the Central Bank of Nigeria (CBN), which governs all things payments and banking? Is it the Securities and Exchange Commission (SEC) that oversees digital investments and assets? Or is it the Data Protection Commission (NDPC), or…

The new Postmaster General of NIPOST, Engr. Tola Odeyemi has apparently been reading her social media mentions. She just announced the launch of the agency’s Digital Payment Solution for Inbound Postal Items, a significant plan that is built with some of Nigeria’s biggest tech names. But the real headline isn’t…