MTN Nigeria Communications CEO Karl Toriola MTN Nigeria’s half-year results can be read two ways, and the company would much prefer the first one. That version is a triumph: ervice revenue up 25.9% to ₦3-trillion (around R35-billion at the naira’s end-June rate); earnings before interest, tax, depreciation and amortisation up 39.2%, with the margin widening…
Zenith Bank Plc has been named Africa’s Best Bank and Nigeria’s Best Bank for the second consecutive year at the Euromoney Awards for Excellence 2026, reinforcing its position as one of the continent’s leading financial institutions. The awards which were presented in London recognises the bank’s strong financial performance, digital innovation, customer service and contribution…
A Senegalese village chief holds up the fonio grain. Photo by Richard Nyberg Fonio – a gluten-free grain with many nutritional benefits – has been cultivated as a subsistence crop in West Africa for thousands of years. It is drought-resistant, can grow without the support of fertiliser and restores organic matter in fallow soil. Despite…
Nigeria’s president has ordered a corruption investigation into allegations that a fictitious government agency was set up within his own office, complete with public funding worth $950,000 (£700,000). According to the presidency, the letter from the president’s chief of staff creating the Presidential Foreign Intervention Promotion Council (PFIPC) had been forged. The police have launched…
Abuja — Nigeria is poised to assume a rare position of influence in global climate governance as former federal lawmaker and principal sponsor of the Climate Change Act 2021, Hon. Sam Onuigbo, prepares to become President of GLOBE International, a powerful cross-party alliance of legislators driving climate legislation across continents. The leadership transition, scheduled to…
Nigeria’s growing influence in Africa’s technology and innovation ecosystem has received fresh global recognition as startups founded by Nigerians emerged strongly on Bloomberg’s latest list of 25 African Startups to Watch. The ranking, which highlights innovative startups solving critical challenges across the continent, underscored Nigeria’s expanding dominance in sectors such as fintech, artificial intelligence, health…
SirMapy and Co DAO has acquired Nigerian crypto startup Bread Africa in an all-cash six-figure deal, as consolidation continues in the country’s digital asset sector. The acquisition follows a series of deals in the market, including Roqqu’s purchase of Flitaa in 2025. The transaction adds to a growing trend of smaller crypto startups being absorbed…
The Managing Director and Chief Executive of the Federal Airports Authority of Nigeria (FAAN), Olubunmi Kuku, has hailed Nigeria’s rising aviation profile following strong performance indicators across key airports, as the ACI Africa Regional Conference & Exhibition concluded in Luanda. Speaking at the closing ceremony of the conference, which brought together aviation stakeholders from across…
* Says nation must shift from consumer of imported technologies to producer of innovation, scalable solutions Vice-President Kashim Shettima has affirmed Nigeria’s preparedness to lead Africa in deploying Artificial Intelligence (AI) to unlocking new pathways for the continent’s prosperity. According to him, while AI has become humanity’s most powerful general-purpose technology that would define lives…
Yemisi Iranloye Our new book, How we made it in Africa II: Real stories of entrepreneurs turning opportunity into profit, is available here. Interview with Yemisi IranloyeFOUNDER and CEO, PSALTRY INTERNATIONAL Lives in: Nigeria Cassava is a root crop that resembles a large sweet potato. Nigeria produces and consumes more of it than any other country. Most often,…
