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Nigeria digital economy

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FCMB appoints Bismarck Rewane non-executive director and board chairman

First City Monument Bank has appointed economist Bismarck Rewane as non-executive director and chairman of its board, following approval from the Central Bank of Nigeria.
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Federal Government’s iDICE programme onboards 185 founders in first cohort

The Federal Government's iDICE programme has onboarded 185 founders into the first cohort of its Startup Bridge initiative, selected from more than 7,000 applicants.
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Nigeria Allocates ₦822 Billion to Digital Economy Over Six Years

Nigeria spent more than ₦822 billion on its digital economy ministry over six years, with sharp swings in funding and capital projects dominating allocations.
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Rising Naira Costs Push Starlink Out of Reach for Many Nigerians

The weakening naira has caused Starlink prices to surge by 115%, leaving many Nigerians struggling to afford the satellite internet service that was once accessible.
Business

CBN Introduces New Rules to Monitor PoS Transactions

The Central Bank of Nigeria introduces new PoS transaction rules, requiring payments to go through licensed platforms for improved security and transparency
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Telcos Face Shrinking Investments as Return on Capital Turns Negative

Telecom companies in Nigeria are seeing investments shrink as their return on capital turns negative, raising concerns about the sector's sustainability and growth.

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Business

FCMB appoints Bismarck Rewane non-executive director and board chairman

First City Monument Bank has appointed economist Bismarck Rewane as non-executive director and chairman of its board, following approval from the Central Bank of Nigeria.
News

Federal Government’s iDICE programme onboards 185 founders in first cohort

The Federal Government's iDICE programme has onboarded 185 founders into the first cohort of its Startup Bridge initiative, selected from more than 7,000 applicants.
News

Davido uses World Cup stage to demand action for abducted Nigerian pupils

Afrobeats star Davido used his 2026 World Cup countdown concert performance to demand action for abducted Oyo students and teachers, wearing a striking 'Bring Them Home' jacket.
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Senate Advances Bill to Regulate Cryptocurrency

KEY POINTS • The Senate has passed a bill seeking to regulate cryptocurrency trading and...