Tag: Business
Flutterwave Hits $5.2 Billion Valuation in Landmark Series E Round, Cementing...
The Flutterwave $5.2 billion valuation, confirmed on January 18, 2026, following the close of its $400 million Series E funding round, marks a defining...
EU AI Liability Directive: How Europe’s New Law Is Forcing Global...
The enactment of the EU AI Liability Directive, represents the most significant regulatory intervention in artificial intelligence since the dawn of the generative AI...
Fringe Infrastructure Launches West Africa’s First EDGE Data Centre in Lagos,...
In a strategic move poised to reshape West Africa’s digital backbone, Fringe Infrastructure has officially launched what it claims is the region’s first commercial...
PwC Nigeria 2026 Economic Outlook Projects Growth Amid Signs of Macroeconomic...
In a notable shift from years of cautious forecasting, PwC Nigeria has released its 2026 Economic Outlook with a tone of cautious optimism—centered on...
Nigeria 2026 Budget FEC Approval Tinubu Fiscal Plan Signals Bold Expansion...
The Federal Executive Council (FEC), chaired by President Bola Ahmed Tinubu, has officially approved a ₦58.47 trillion ($69.6 billion) national budget proposal for the...
Dangote Refinery Petrol Price Drop 2025 Forces Market-Wide Reductions
The Dangote Petroleum Refinery has slashed its Premium Motor Spirit (PMS) gantry price to ₦699 per litre, triggering an immediate ripple effect across Nigeria’s...
Guinea 100% State Ownership Areeba MTN Exit Reshapes Telecom Landscape
In a landmark move that signals a major shift in West Africa’s telecommunications sector, the Guinean government has taken full 100% ownership of Areeba...
Nigeria Private Debt Market MSMEs 2025 Expansion Gains Momentum
Nigeria’s private debt market is poised for transformative growth as Micro, Small, and Medium Enterprises (MSMEs)—the backbone of the economy—increasingly turn to domestic alternative...
African Tech Startups Funding 2025 Surpasses $3 Billion in Historic Rebound
Africa’s vibrant tech ecosystem has crossed a major threshold, with startups securing over $3 billion in funding during 2025—a robust 33% year-on-year rebound that...
Nigeria Petrol Import Bill Reduction 2025 Hits ₦6 Trillion Amid Local...
A new report released today reveals that Nigeria’s annual petrol import bill has plummeted by over ₦6 trillion ($7.1 billion) in 2025—thanks to a...
