CBN Opens Regulatory Sandbox for Virtual Assets, Data-Driven Fintechs
The Central Bank of Nigeria (CBN) has opened applications for the second cohort of its Regulatory Sandbox Programme, with a focus on virtual asset service providers and data-enabled financial services. Applications opened on August 12, 2026, and will close on August 31 as the apex bank seeks to promote responsible innovation within Nigeria’s digital financial […]
NIBSS Rolls Out National Payment Stack, Processes N1.4tn in Transactions
The Nigeria Inter-Bank Settlement System (NIBSS) has commenced the rollout of its National Payment Stack (NPS), processing 26.55 million transactions valued at N1.4 trillion across 48 participating financial institutions. The new platform is a sovereign, ISO 20022-compliant payment infrastructure designed to replace the 15-year-old NIBSS Instant Payment (NIP) system and modernise Nigeria’s digital payments ecosystem. […]
ECOWAS Startup Awards: Six Sectors Eligible for $65,000 Prize Pool
Startups operating across West Africa’s six key technology sectors are eligible to compete for $65,000 in cash prizes under the 2026 ECOWAS Startup Awards. The competition, which opened on August 3, is targeting innovative businesses driving digital transformation, regional economic integration and sustainable development across ECOWAS member states. The top three winners will receive $30,000, […]
Four Rivers Girls Make Global Finals With AI Solution for Elderly
Four young girls from Port Harcourt, Rivers State, have put Nigeria on the global technology map after emerging as finalists in the 2026 Technovation Girls Global Challenge. The girls, who make up Team Appsolute, will represent Nigeria and Africa at the 2026 Technovation Girls World Summit in Bengaluru, India, in October, where they will battle […]
Power Shortage Linked to Nigeria’s Population Growth
The newly appointed Chairman of the Rural Electrification Agency, REA, Ayo Fayose, says Nigeria’s growing population may be partly linked to the country’s unreliable electricity supply. Fayose commented at the weekend shortly after assuming office as Chairman of the agency. He argued that poor power supply has changed how Nigerians spend their evenings, with many […]
Arokodare Provides Assist on Eredivisie Debut
Tolu Arokodare registered an assist on his competitive debut as Ajax started the new season with a 2-0 away win at PEC Zwolle. Arokodare was named among the substitutes to replace Abdellah Ouazane in the 73rd minute. The Nigeria international then set up Jorthy Mokio for the game’s opening goal three minutes later. Julian Brandt […]
Scottish club Dunfermline Athletic signs Nigerian Striker Olamilekan Adams
Scottish Championship side Dunfermline Athletic Football Club has officially bolstered its attacking options with the signing of Nigerian striker Olamilekan Adams. The 21-years old forward arrives at East End Park from Czech side SK Dynamo České Budějovice, putting pen to paper on a two-year deal which includes the option of a further extension based entirely […]
FG Plans Autism Centre for South-South, Targets Six Zones From 2027
The Federal Government says it plans to establish an Autism Centre in the South-South zone as part of a broader effort to improve access to diagnosis, therapy and specialised support for children with autism and other developmental conditions. The initiative is expected to serve as part of a wider plan to establish specialised Autism Centres […]
FG Launches Tinubu Light Initiative to Power One Million Nigerian Businesses
The Federal Government has launched a new renewable energy programme aimed at helping one million Micro, Small and Medium Enterprises (MSMEs) access affordable and reliable clean energy. Known as the Tinubu Light Initiative, the programme is expected to reduce the high cost of doing business, create jobs and boost industrial development across the country. The […]
Tobacco Control Groups Oppose Amendment Bill, Urge Tinubu to Reject It
A coalition of tobacco control and public health organisations has called for the immediate withdrawal of the proposed amendment to Nigeria’s National Tobacco Control Act (NTCA) 2015, warning that it could weaken existing tobacco regulations and expose more young people to harmful nicotine products. In a joint statement issued on Thursday, the coalition described the […]
Experts, Policymakers Demand Action-Oriented Environmental Education
Environmental experts, academics and policymakers have called for intensified environmental education to bridge knowledge gaps and equip citizens with the skills, values and attitudes needed to tackle environmental challenges across Rivers State, the Niger Delta and Nigeria. The call was made at the Environmental Education Summit organised by the Department of Adult and Non-Formal Education, […]
MTN Nigeria Posts ₦707.5bn H1 Profit as Revenue Nears ₦3tn
MTN Nigeria Communications Plc has reported a strong financial performance for the first half of 2026, with profit after tax rising by 70.5 per cent to ₦707.54 billion from ₦414.86 billion recorded in the corresponding period of 2025. The telecommunications company also posted a 25.9 per cent increase in revenue to ₦2.99 trillion, marking its […]