Mastercard Expands Global Push Into Mastercard AI Agentic Payments Through Major Tech Partnerships
Mastercard is accelerating its entry into the next frontier of digital commerce by launching a comprehensive suite of tools and partnerships aimed at making secure, AI-driven agentic transactions scalable and accessible worldwide. In a significant move to shape the future of automated payments, the company has partnered with leading innovators including Stripe, Google, and Ant International’s Antom to empower...
Nigeria Crude Oil Production 2025 Hits Four-Year High, Fuels 4.23% GDP Growth
Nigeria’s daily crude oil production rose to 1.68 million barrels per day (mbpd) in the second quarter of 2025—the highest quarterly average since 2022—enabling the country to meet its OPEC production quota and significantly boosting national economic output, according to the National Bureau of Statistics (NBS). The increase marks a notable turnaround from both the previous quarter and the...
FIRS EFCC Tax Collaboration Signals New Era of Enforcement in Nigeria
Nigeria is doubling down on institutional cooperation to tackle one of its most persistent fiscal challenges: low tax revenue in a nation of over 200 million people. The Federal Inland Revenue Service (FIRS) has renewed its strategic partnership with the Economic and Financial Crimes Commission (EFCC), marking a pivotal shift toward stronger enforcement, improved compliance, and greater accountability in...
Nigeria Leads West African Delegation at Nigeria MIHAS 2025, Cementing Role in Global Halal Trade
Nigeria took center stage in West Africa’s push to expand its footprint in the global halal economy, leading a regional delegation of 25 buyers at the Malaysia International Halal Showcase (MIHAS) 2025. Organized by the Malaysia External Trade Development Corporation (MATRADE), the recently concluded event served as a critical platform for international sourcing and strategic partnerships in...
SEC Mark-to-Market Nigeria Directive Set to Transform Bond Valuation Transparency
Nigeria’s Securities and Exchange Commission (SEC) has directed fund managers to adopt mark-to-market (MTM) valuation for bonds, replacing the long-standing practice of using historical cost accounting. The move, confirmed by the regulator on Monday, marks a pivotal shift toward greater transparency in the country’s fixed income market, aligning Nigerian asset pricing with global standards and enhancing comparability for domestic...
Remedial Health Named Among World’s Top HealthTech Companies by Remedial Health TIME Magazine
Remedial Health, a Nigeria-based health technology company transforming healthcare delivery across Africa, has been recognized by TIME Magazine and Statista as one of the World’s Top HealthTech Companies—a first-of-its-kind global ranking celebrating innovation and impact in digital health. The honor places the African startup among 400 leading healthtech firms from over 25 countries, spotlighting its growing influence in the...
Rafiki Works Africa Pioneers Infrastructure to Elevate Continent’s Freelance Economy
As the global freelance economy surges toward an estimated $500 billion , a quiet revolution is underway in Africa—one not driven by gig volume, but by infrastructure that enables skilled professionals to compete at the highest levels of digital collaboration. At the heart of this shift is Rafiki Works Africa, a platform redefining how distributed teams from Lagos, Nairobi,...
Heads of State and Global Leaders to Convene at Unstoppable Africa 2025 to Redefine Continent’s Economic Future
Africa is stepping firmly onto the global economic stage, and the world is being invited not just to observe—but to partner. This message lies at the heart of Unstoppable Africa 2025, the flagship event of the Global Africa Business Initiative (GABI), set to take place in New York on September 21–22 during the 80th session of the United Nations...
China Africa Trade 2025 Sees Surge as Imports Hit $122 Billion Amid Calls to Narrow Trade Gap
African imports from China surged 25% year-on-year to reach $122 billion in the first seven months of 2025, according to an analysis of China Customs data by Bloomberg, underscoring the deepening commercial ties between the continent and the Asian giant. Nigeria emerged as the top African importer, accounting for 11% of the total, followed by South Africa (10%), Egypt...
Lula Reignites Brazil Africa Trade Relations with Energy Push and South-South Vision
Brazil’s President Luiz Inácio Lula da Silva has reaffirmed his government’s strategic commitment to deepening ties with Africa, declaring that the continent is not only central to Brazil’s cultural identity but also pivotal to its economic future. Speaking at a press conference in Addis Ababa last year, Lula emphasized that Africa represents far more than historical connection—it is a...
