…road, the Police Area Command headquarters, the Okpella Vigilante Office and Okpella Finance Limited, while construction is ongoing on the Iddo internal roads, Imiegiele and Awuyemi concrete roads, as well as a Chief Magistrate's Court and an Area Customary Court. The royal father also highlighted initiatives to streng…
…development has raised concerns among subscribers, whose monthly salary deductions have financed the housing project, with many fearing the loss of their investments. In response, the Joint National Public Service Negotiating Council (JNPSNC), Trade Union Side, has petitioned the Head of the Civil Service of the Federa…
…as Non-Executive Directors as part of efforts to strengthen its board with expertise in finance, governance, infrastructure and corporate law. The appointments were disclosed in a statement issued by the company on Sunday and signed by the Company Secretary, Bello Abdullahi. According to the statement, both appointment…
…approved budget. This was contained in a statement issued on Sunday by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele. The rebuttal comes after IMF disclosed that Nigeria left public spending equivalent to about 2% of GDP unreported in recent official budgets, obscuring the country's tr…
…citing the latest findings from the International Monetary Fund on Nigeria's public finances. In a post on X on Sunday, Obi alleged that about ₦8.83 trillion in government expenditure undertaken in 2025 was not reflected in the national budget, describing the development as evidence of "grand corruption." "The recent r…
…support they need to grow.” New backers in the second close include the International Finance Corporation (IFC), Financing for Agri-SMEs in Africa (FASA), Shell Foundation, Trafigura Foundation, Speedinvest, Blink Impact, and Women Entrepreneurs Finance Initiative (We-Fi), which would support the fund’s efforts to expa…
…industrial transformation required policy consistency, quality infrastructure, access to finance, and investor confidence. Dangote identified infrastructure-led industrialisation, value-chain development and stronger public-private partnerships as the three pillars needed to unlock the sector's enormous potential. He s…
…from the N418.79bn recorded in the fourth quarter of 2025, the government will still finance more than half of the industry's generation costs. "It is important to note that due to the absence of cost-reflective tariffs across all DisCos, the government incurred a subsidy obligation of N358.32bn; this represents a N60.…
…development partners to press for greater transparency and accountability in public finance management.
…News shortly after the Pension Transitional Arrangement Directorate and the Ministry of Finance announced the disbursement on Friday. He said the gesture, alongside other pension interventions by the Federal Government, had strengthened confidence in the administration's commitment to the welfare of elderly citizens. H…
…I wanted to be strategic with my early projects,” he said. “A conventional delivery or finance app would have required massive backend infrastructure and investment. The Lobola Calculator was the perfect project to tackle. It solved a unique, real-world cultural need, didn’t require major funding to publish, and allowe…
…that neither the bill nor Kalu's public remarks fully address. States that can self-finance a police force, largely the wealthier, more commercially active states in the south will be able to establish, equip, and staff a competitive force relatively quickly, potentially without needing to lean on federal grants at all…
…But none of it changes what Ondo actually is: a governance token tied to Flux Finance decisions, not a share of platform revenue or a stake in a growing consumer product. Watching the Ondo coin price grind sideways while tokenized RWAs scale in the background is a very different experience from owning upside in a platf…
…building digital skills and workforce development solutions, at a time when development finance institutions and ecosystem builders are expanding support for education technology across Africa. As venture funding becomes more selective, accelerator programmes such as timbuktoo and the Mastercard Foundation EdTech Fello…
…shut down after the second Lagos location paused operations, while the startup’s finance department raced to settle outstanding payments in anticipation of new funding by the end of April. "The recent suspension of operations has been a difficult period for everyone connected to the business, including our employees, v…
…he reinstated the slave trade. He was removed, not by the US government, but by a force financed by his fellow American businessman, Cornelius Vanderbilt. The US, which has occupied the Cuban Guantanamo Bay since 1903, has for 64 years now imposed unilateral restrictions on that country, including barring it from trade…
According to the CBN, the affected microfinance banks failed to satisfy the minimum conditions required to retain their operating licences. The regulator stated that the revocation became necessary due to "one or more" of several infractions, including insufficient assets to meet liabilities, closure of operations with…
…South Africa —Chief Risk Officer — Gauteng, South Africa M-KOPA — Group Tax Manager, Finance Business Partnering Manager — Nairobi, Kenya Looking for more opportunities? There are additional openings on TechCabal’s job board. We’ve also cleared out outdated listings to keep opportunities fresh for job seekers. If you’r…
…In recent years, Nairobi has also become a hub for venture capital firms, development finance institutions, and founders building businesses that target multiple African markets. That shift has expanded the conversations beyond fundraising to include questions about regulation, digital infrastructure, cross-border paym…
…communicate, make decisions, and build businesses," Bello said. "From healthcare and finance to education, government and entrepreneurship, AI is creating incredible opportunities for innovation and growth." PhD Researcher and Co-founder of Tech Derby, Joseph Origbo, said technological progress alone would not be enoug…
…transparency has become the new currency for investment, competitiveness and access to finance. This was as the council warned Nigerian companies that fail to embrace sustainability reporting risk losing access to international capital, export markets and strategic partnerships as investors increasingly demand transpar…
…returns of up to 16% annually. This time, however, Paga is targeting the on-chain finance opportunity. Tokenised assets convert ownership of traditional financial instruments into digital tokens that can be traded on blockchain networks. In practice, that could allow a Nigerian retail investor to buy a fraction of a co…
…(PPP) agreement, facilitated by Enugu State Governor Peter Mbah, the concessionaire will finance, rehabilitate, expand, operate and manage the airport. However, in a strongly worded statement issued on Monday, ILT rejected the arrangement, warning that the withdrawal of Federal Government funding would compromise the a…
…and ever larger volumes of unsecured consumer loans create durable businesses. Embedded finance, partnerships and products attached to existing commercial relationships offer something consumer lending apps have struggled to find consistently over the last decade: visibility into repayment. Branch Mfb has arrived at a…
…year, Nigeria's biggest fintechs have accelerated their push into banking through microfinance bank (MFB) licences as they seek to expand beyond their core businesses into full-service financial institutions. In January, Paystack, the payments technology company now owned by The Stack Group (TSG), acquired Ladder Micro…