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FG to stake $75m in Flutterwave as company lists in Nigerian bourse
Ziggy Ojiegbe Nigeria is taking a more direct role in shaping the future of its tech sector, with President Bola Tinubu approving a $75 million investment in Flutterwave ahead of the company’s planned listing on the Nigerian Exchange. The funding,…
Airlines to engage govt on Wednesday to decide possible shutdown
Frank Okon Nigeria’s aviation sector has stepped back from the brink of disruption, but only temporarily. A threatened shutdown by domestic airlines has been put on hold pending high-level talks in Abuja on April 22. The outcome of that meeting…
African insurance market to hit $166bn by 2034 as digitalisation, AI drive expansion
Ziggy Ojiegbe Africa’s insurance market is projected to grow from $98.5 billion in 2025 to $166.1 billion by 2034, reflecting an average annual growth rate of 5.79 percent, according to a new report by IMARC Group. The report, titled “Africa…
Dangote Sugar approves ₦500bn rights issue, ratifies board changes
Frank Okon Shareholders of Dangote Sugar Refinery Plc have approved a plan to raise up to ₦500 billion through a rights issue, alongside key governance and financial resolutions, at the company’s 20th Annual General Meeting (AGM) held in Lagos. The…
Impactful yet invisible: How data-driven systems underplay Africa’s informal economy
Ziggy Ojiegbe More than 80 percent of employment in Nigeria and several fast-growing African economies is informal. Around 90 percent of consumer spending is conducted in cash. Nearly 60 percent of enterprises are owned by women. Yet an estimated 83…
Scribblers submit 223 entries as NLNG’s Literature Prize enters adjudication
The 2026 edition of The Nigeria Prize for Literature has entered its adjudication phase after 223 submissions were officially handed over in Lagos on Monday. The entries, submitted under this year’s poetry category, reflect steady participation from writers across the…
Book Reading Series: NCDMB restates commitment to intellectual convergence
Ziggy Ojiegbe The Nigerian Content Development and Monitoring Board (NCDMB) has restated its resolve to provide veritable platform for intellectual convergence in the petroleum and linkage industries in Nigeria. Executive Secretary, Engr Omatsola Ogbe, declared at the weekend that raising…
Technical, funding gaps threaten Africa’s integrated rail network agenda
Ziggy Ojiegbe Ambitious plans are underway to build a high-speed rail network across Africa, connecting countries, regions and creating a transcontinental beltway that can transport people at up to 320 kilometers per hour (199 mph) and freight at up to…
Study links long-term cannabis use to brain changes, reduced motivation
Frank Okon Long-term cannabis use may alter brain structure and affect motivation and decision-making, according to new research presented at a major European psychiatry conference. The study, conducted by scientists at the Fidmag Germanes Hospitalàries Research Foundation, found that prolonged…
Stranded W. African migrants toil in Moroccan farms
By Frank Okon Migrants from West Africa are increasingly becoming the backbone of Morocco’s agricultural workforce, stepping into jobs left vacant as local laborers move to cities in search of better opportunities. Across key farming regions in Morocco, migrants now…
