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OPay lists on NYSE, raises $304m in IPO at $4 billion valuation

Nigeria, Oct. 30 -- OPay, a Nigeria-focused digital financial services company, has listed on the New York Stock Exchange (NYSE), raising $304 million in its initial public offering (IPO) and securing... Read More


Binance reserves $6.34bn to cover stolen assets after cyberattack - CEO

Nigeria, Oct. 30 -- Binance, the world's largest cryptocurrency exchange, said it has reserved more than $6.34 billion in company funds to cover assets stolen in a recent cyberattack, assuring custome... Read More


CIBN to honour Alakija, Lagos Deputy Chief of Staff, other leaders at Fellowship Investiture

Nigeria, Oct. 30 -- The Chartered Institute of Bankers of Nigeria (CIBN) said it would honour distinguished leaders from the banking and finance industry, government and public sector, private sector,... Read More


PenCom urges SMEs to remit workers' pensions, plan for retirement

Nigeria, Oct. 27 -- The National Pension Commission (PenCom) has urged small business owners to remit workers' pension contributions as required by law and make retirement planning a priority rather t... Read More


PenCom pushes early pension savings among Gen Z, informal workers

Nigeria, Oct. 27 -- The National Pension Commission (PenCom) has urged young Nigerians to begin saving for retirement early, warning that delaying contributions could significantly reduce the wealth t... Read More


BOI to expand financing for agriculture, healthcare manufacturing in 2027

Nigeria, Oct. 23 -- The Bank of Industry (BOI) said it will expand financing for agriculture, local healthcare manufacturing and digital businesses in 2027. The bank stated this as it seeks to consol... Read More


First HoldCo appoints new non-executive director

Nigeria, Oct. 23 -- First HoldCo Plc has appointed Gwen Mwaba as a non-executive director of the financial institution, effective 15 October, following an approval by the Central Bank of Nigeria (CBN)... Read More


African CEOs prioritise AI investment despite readiness gap - KPMG

Nigeria, Oct. 23 -- African business leaders are increasingly prioritising artificial intelligence (AI) investment, but only 14 per cent believe their organisations are keeping pace with or moving ahe... Read More


Cheaper chicken, vegetable oil drive 11.5% fall in jollof rice cost - Report

Nigeria, Oct. 22 -- The cost of cooking a pot of jollof rice in Nigeria fell by 11.5 per cent between June and September 2026, driven largely by declining prices of chicken, beef and vegetable oil as ... Read More


NIBSS, Transactility's partnership delivers National Payment Stack

Nigeria, Oct. 21 -- Transactility, Inc. has disclosed that the Nigeria Inter-Bank Settlement System (NIBSS), Nigeria's central payment infrastructure operator, leveraged Transactility's open-source te... Read More