Every article here has been read, summarized, and reviewed by a human editor before it reached you — across African tech, business and finance.
Access ARM Pensions reported gross revenue of N42.4bn for the 2025 financial year, up 50.4% from N28.2bn in 2024. It's the first full year since the merger of Access Pensions and ARM Pensions.Profit after tax… Read full article →
Analysis of audited 2025 full-year financial statements shows Nigeria's top ten FMCG companies hold a combined debt of approximately N1.963 trillion, driven by soaring inflation, rising interest rates, and naira volatility.Dangote Sugar Refinery leads with… Read full article →
Ikeja Hotel Plc announced an interim dividend of three kobo per share for the period ended 31 March 2026, subject to withholding tax and regulatory approval.The company reported Q1 2026 revenue of N6.67bn, driven by… Read full article →
On May 10, 11 dormant Bitcoin wallets created between 2013 and 2017 moved a combined 859.13 BTC worth approximately $69.47 million, the largest single transfer being 500 BTC from a wallet created on November 27,… Read full article →
The All-Share Index closed at 244,775.83 on May 8, 2026, its highest weekly level on record, gaining 1.03% and adding 2,498.02 points from the prior week's close of 242,277.81, with market capitalisation rising to N157.09… Read full article →
Minister Bosun Tijani has issued a direct warning to MTN Nigeria, Airtel Nigeria, Globacom, and T2 to resolve persistent network quality problems or face regulatory sanctions enforced by the Nigerian Communications Commission (NCC).The minister cited… Read full article →
Six Nigerian startups raised a combined $4 million in April 2026, a 21% rise from March 2026's $3.3 million but a more than 90% drop from the $43 million raised in April 2025.Bfree, a debt… Read full article →
Anthropic has expanded Claude's Microsoft 365 integration to include Outlook (public beta), while Word, Excel, and PowerPoint integrations move into general availability. This means Claude can now carry context across emails, documents, spreadsheets, and slide… Read full article →
The Nigerian Exchange (NGX) All-Share Index closed at a record 244,670.65 on Friday, 8 May 2026, gaining 4,936.03 points, a 2.1% rise, with market capitalisation reaching N157.02 trillion.Five stocks hit the 10% daily gain limit:… Read full article →
Airtel Africa's revenue rose 29.5% to $6.42 billion for the year ended March 31, 2026, with profit after tax surging 147.4% to $813 million, driven by data demand, tariff adjustments in Nigeria, and mobile money… Read full article →
Airtel Africa's FY2026 results show smartphone customers grew 22% to 91 million, driving nearly 50% growth in data traffic across its network.The company rolled out over 3,250 new telecom sites, now operates more than 3,100… Read full article →
The Nigeria Data Protection Commission (NDPC) signed separate MoUs with the Bureau of Public Procurement (BPP) and the Nigeria Governors' Forum (NGF) to embed data protection standards across federal procurement and all 36 states.As part… Read full article →
Several major Nigerian Exchange (NGX)-listed companies, including Seplat Energy, BUA Cement, Okomu Oil Palm, NAHCO, and Stanbic IBTC Holdings, are holding Annual General Meetings (AGMs) between May 14 and the end of the month.Nigerian Aviation… Read full article →
Shareholders of Transnational Corporation Plc (Transcorp) approved a broad mandate at the company's Annual General Meeting, authorising the board to invest in, acquire, divest from, or restructure any business without returning to shareholders for fresh… Read full article →
Oracle has released MySQL 9.7.0, the first major Long-Term Support (LTS) version since MySQL 8.4, bringing new features including a Hypergraph query optimizer, in-database JavaScript support, JSON Duality Views, and dynamic data masking.Several capabilities previously… Read full article →
Airtel Money's customer base grew 21.3% year-on-year, surpassing 54 million active users, according to Airtel Africa's FY2026 results.App transacting customers surged 74% year-on-year, and total processed value on the MyAirtel app jumped 79% to $8.3… Read full article →
Mastercard and BMONI have partnered to issue virtual and physical payment cards in Nigeria, available in both Naira and US dollars for domestic and international use.The BMONI app allows users to instantly create multiple purpose-specific… Read full article →
Privacy researcher Alexander Hanff discovered Chrome silently downloading Google's Gemini Nano, a 4GB on-device AI model without any user notification, consent prompt, or opt-out option, with the file reinstalling itself automatically if deleted.The model was… Read full article →
Access Holdings did not pay dividends for the year ended December 31, 2025, citing failure to obtain regulatory clearance, not weak performance.The company posted strong 2025 results: gross earnings grew 13.3% to N5.53 trillion, profit… Read full article →
Seplat Energy, Julius Berger, and NPF Microfinance Bank are among six NGX-listed companies with dividend qualification dates falling in May 2026, per corporate disclosures compiled by Nairametrics Research.Julius Berger leads the clearest picture: a proposed… Read full article →
NGX Regulation Limited (NGX RegCo) has issued a circular requiring all Trading Licence Holders (TLHs), stockbrokers operating digital platforms, to obtain written approval before deploying or migrating to any new online or mobile trading system,… Read full article →
NITDA's Office for Nigerian Digital Innovation (ONDI), in partnership with Japan's JICA, has opened applications for the fifth cohort of its iHatch startup incubation programme targeting founders at the idea and MVP (Minimum Viable Product)… Read full article →
Rano Air has temporarily suspended some flight routes, citing a more than 300% increase in Jet A1 aviation fuel costs making certain routes 'commercially unsustainable.'Fuel prices reportedly rose from around N900 per litre to over… Read full article →
The Nigerian Midstream & Downstream Petroleum Regulatory Authority (NMDPRA) has granted six companies, Matrix, AA Rano, AYM Shafa, Nipco, and Bono, licences to import petrol, covering a combined 600,000 metric tonnes, roughly a quarter of… Read full article →
NiRA held its 18th Annual General Meeting in Lagos, drawing tech leaders, policymakers, and civil society members who praised the association's operational stability despite economic pressures.Stakeholders made a unified call to integrate .ng domain registration… Read full article →
Anthropic has partnered with SpaceX to access Colossus 1, a Memphis-based data center with over 220,000 NVIDIA GPUs, giving Anthropic more than 300 megawatts of compute capacity.The deal directly addresses user complaints about hitting Claude… Read full article →
The All-Share Index (ASI) dropped 1.23% to close at 239,734.61 points on May 7, with market capitalisation falling from ₦155.78 trillion to ₦153.86 trillion, a ₦1.92 trillion loss in investor value.Trading volume rose to 1.83… Read full article →
The Central Bank of Nigeria (CBN) reportedly withheld approval for some bank dividends declared for the financial year ended December 2025, requiring affected banks to align with BOFIA prudential compliance rules before payouts proceed.Nigeria's banks… Read full article →
PenCom Director-General Omolola Oloworaran announced the Commission will deploy unspecified 'tools' to pressure states not implementing pension laws, speaking at a consultative session for state Heads of Service.Only 7 states and the FCT are fully… Read full article →
Coinbase disclosed an $88 million bitcoin purchase during Q1 2026 on its earnings call, adding it to the growing list of publicly traded firms holding bitcoin as a corporate treasury asset.CFO Alesia Haas revealed that… Read full article →
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