Fintech
Femi Otedola spends another ₦12.58bn to tighten grip on First HoldCo
Chairman Femi Otedola bought 95.7 million more First HoldCo shares at ₦131.48 each, lifting his stake to roughly 26.6% of Nigeria's oldest banking group.
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Terror financiers hide behind women's bank accounts and pre-registered SIMs, NFIU saysFarmers Win as ThriveAgric Closes Oversubscribed ₦5.3 Billion Debt RaiseMTN customers could get direct loans as telco seeks banking licencesAfrican AI founders face higher cloud bills as vendor lock-in tightensExporters get new customs chief as Lilypond command changes leadershipTerror financiers hide behind women's bank accounts and pre-registered SIMs, NFIU saysFarmers Win as ThriveAgric Closes Oversubscribed ₦5.3 Billion Debt RaiseMTN customers could get direct loans as telco seeks banking licencesAfrican AI founders face higher cloud bills as vendor lock-in tightensExporters get new customs chief as Lilypond command changes leadership
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Terror financiers hide behind women's bank accounts and pre-registered SIMs, NFIU says
Farmers Win as ThriveAgric Closes Oversubscribed ₦5.3 Billion Debt Raise
MTN customers could get direct loans as telco seeks banking licences
African AI founders face higher cloud bills as vendor lock-in tightens
Exporters get new customs chief as Lilypond command changes leadership
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Fintech
Moniepoint Ends UK Money-Transfer Service MonieWorld in Global Pullback
Nigerian fintech Moniepoint is phasing out MonieWorld, its UK remittance product for Nigerians abroad, less than two years after launch.
Tech News
MTN can now buy IHS Towers — but must sell 30% to Nigerian investors
Nigeria's competition regulator cleared MTN's $2.2bn IHS Towers takeover on condition that up to 30% of the Nigerian business goes to local investors.
Tech News
Nigerian crypto users lose Binance access to 3 platforms from Aug 13
Binance will block transactions with three Nigeria-linked platforms starting August 13, part of sanctions-driven restrictions affecting 17 firms globally.
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Uber Drivers Faced €825M in Unreviewed Account Bans, Dutch Regulator Says
The Dutch data watchdog fined Uber €825 million for letting software suspend and deactivate driver accounts without human review or adequate notice.
Insights
The Engineer Who Saw the Human Gap in Aviation Cybersecurity, And Built the Platform to Close It
When security researchers talk about vulnerabilities in aviation systems, the conversation tends to focus on infrastructure. Firewalls. Network perimeters. Software patches. The assumption embedded in most threat models is that if the technology is hardened, the system is safe.
Tech News
Banks can no longer ignore tech failures, Nigeria's IT regulator warns
NITDA's DG told CBN directors that financial stability now depends on data centres, cloud platforms and telecoms resilience — not just capital.
Insights
MTN's Enterprise Bet: Revenue Is Rising, But Customer Count Is Falling
MTN Nigeria's enterprise revenue grew 39.7% in H1 2025, yet the number of enterprise customers is shrinking. The data tells a more complex story.
Tech News
Nigeria's cloud budgets now face joint fiscal scrutiny under new committee
A new NITDA-Budget Office committee will align sovereign cloud rules with how federal agencies spend on cloud services.
Brand Press
PalmPay Expands Opportunities for Nigerians to Earn More
As rising living costs continue to place pressure on household budgets, Nigerians are becoming more deliberate about how they spend, save, and manage their money.
Tech News
South Africa, Nigeria and Kenya hold nearly half of Africa's data centres
A new Nairametrics ranking shows AI infrastructure is concentrated in three countries, with South Africa leading at 62 facilities.
Funding
Public universities will get ₦2.53bn each in 2026 TETFund funding
Nigeria's Information Minister says tertiary institutions must become engines of research, innovation and skills development, with new TETFund allocations.
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StartupNigeria's Apapa grid upgrade triples capacity with Japan's N20bn backing
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AI & InnovationNigerian pilgrims set for smoother Hajj as agencies move to automate operations
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Founder's RepositoryJoin the TechBlit Founders Repo
Building in African tech? Get listed alongside Nigeria's most exciting founders — visible to investors, press, and the ecosystem.
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ATN EP 7: Inside Selar’s Tax Battle with LIRS and the Reality of Running a Hardware Startup | Magnus
Our weekly breakdown of the biggest stories in African tech — watch the latest episode on YouTube.
