News
Africa powers global mobile money rise as transactions hit $2trn
18+ hour, 13+ min ago (390+ words) What began as a simple way to send money has transformed into a powerful engine of financial inclusion. Mobile money now connects millions to the formal economy, especially in regions where banking access remains limited. By 2025, the industry crossed a…...
NCC launches telecoms risk platform to curb fraud linked to recycled numbers
17+ hour, 57+ min ago (676+ words) Nigeria's telecommunications regulator is stepping up efforts to curb rising cases of digital fraud with the introduction of a new system designed to tighten oversight around mobile number usage. The Nigerian Communications Commission (NCC) has rolled out a Telecoms Identity…...
Cybersecurity experts warn users on privacy risks of sharing photos with AI
18+ hour ago (373+ words) In a recent advisory, Kaspersky, a global cybersecurity and digital privacy firm, highlighted that AI agents, chatbots, and multimedia-generating apps, though convenient and entertaining, carry significant privacy risks. The firm noted that the rapid growth of AI-powered applications, always-on services,…...
Lasaco targets N18.47bn capital boost to deepen market position
17+ hour, 43+ min ago (507+ words) Lasaco Assurance Plc has unveiled plans to shore up its financial strength with a proposed N18.47 billion rights issue, a move aimed at reinforcing its capital base and positioning the insurer for sustained growth in an increasingly competitive market. The announcement…...
Nigeria’s chemical, pharma firms at highest risk amid Middle East crisis-MAN
1+ day, 18+ hour ago (373+ words) The ongoing geopolitical tensions involving the United States, Israel, and Iran are now presenting profound implications for Nigerian industry, with the country's chemical and pharmaceutical sectors singled out as particularly vulnerable due to export concentration and sensitivity to crude oil…...
Nigeria energy deficit: Nnaji, Geometric Power founder, asks FG to go back to PPAs
2+ day, 8+ hour ago (635+ words) Barth Nnaji, electricity czar and founder of Geometric Power Ltd, Nigeria's 12th and fast thriving power distribution company, has asked the President Bola Tinubu administration to immediately get into restoration of the power purchase agreements (PPAs) between electricity firms and the…...
Why the camera is the Nigerian marketer's biggest untapped asset
3+ day, 8+ hour ago (379+ words) By Olumide Balogun, director, Google West Africa As the great Chinua Achebe famously wrote, "The world is like a Mask dancing. If you want to see it well, you do not stand in one place." We are witnessing a massive…...
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4+ day, 17+ hour ago (11+ words) Cocoa gains as Middle East tensions ripple into West African supply'Businessamlive...
Crude rally pushes Nigeria’s fuel prices to critical levels
4+ day, 16+ hour ago (711+ words) The Lagos Chamber of Commerce and Industry (LCCI) has called attention to escalating risks in Nigeria's fuel market, warning that sustained increases in global crude prices and domestic refining costs are pushing petrol prices to critical levels. The chamber, in a…...
Legend Internet, Spectranet set for N80bn merger to create Nigeria’s largest ISP
5+ day, 17+ hour ago (635+ words) Nigeria's broadband space is poised for a major shake-up as Legend Internet Plc and Spectranet move to merge operations in a deal expected to create the country's largest internet service provider (ISP) with an estimated market capitalisation of N80 billion. The…...