Ghana Cedis Comeback: Lessons for Naira

The Ghanaian cedi recently experienced a significant GHS16 to GHS10 appreciation against the US dollar. Bloomberg reported that the cedi has appreciated nearly 16 percent against the US dollar since the start of April 2025. This marks a remarkable turnaround from its previous status as one of the worst-performing currencies in Sub-Saharan Africa in 2024….

Read More

NCC Stops Banks’ Withdrawal of Telecoms USSD Charges

The Nigerian Communications Commission (NCC) has announced an important change on the deduction of charges for Unstructured Supplementary Service Data (USSD) transactions. Starting Tuesday, June 3, 2025, Deposit Money Banks (DMBs) will no longer be allowed to deduct these fees directly from customers’ bank accounts. Instead, the charges will be deducted from users’ mobile airtime…

Read More

FG signs $7.5m deal with Bill Gates Foundation to establish AI scaling hub

•President Bola Tinubu, and Bill Gates (BusinessDay) : The Federal Government of Nigeria has signed an agreement with the Bill Gates Foundation to establish an artificial intelligence (AI) Scaling Hub. The foundation will donate about $7.5 million in funding, and provide expertise, according to Bosun Tijani, minister of communications, innovation and digital economy, on his…

Read More

How Unitellas is Powering Nigeria’s Digital Future Through Edge Cloud Innovation – MD/CEO, Smith Osemeke

Mr Smith Osemeke is the MD/CEO of Unitellas Edge Cloud, one of the top ten cloud services providers in Africa, and currently a member of the National Information Development Technology Agency ( NITDA) Technical Working Group that was selected to review Nigeria’s cloud policy and come up with recommendations that will drive Nigeria’s Sovereign Cloud…

Read More

The Solution to Lagos Plastic Waste Ban – Ajayi-Kadir

• Inside Innoplas factory during the visit “The solution to Lagos’ plastic waste challenge is not the blunt force of outright ban,” but the deliberate design of integrated waste collection systems, investment in recycling infrastructure, and circular partnerships between government and industry.” The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, commented when…

Read More

Nigeria First Policy: Governor Ododo Enforces Wearing Made-in-Kogi Fabrics

• Kogi State Governor, Ahmed Usman Ododo Kogi State Governor, Ahmed Usman Ododo has directed all government officials to be wearing Made-in-Kogi fabrics as a show of support for indigenous industries. The State’s Commissioner for Information and Communications, Hon. Kingsley Femi Fanwo, told journalists after the State Executive Council meeting held today at the EXCO…

Read More

MAN Lauds French Investments in Nigeria

Photo : From left is Segun Ajayi-Kadir, MAN Director-General; French Ambassador to Nigeria, Marc Fonbaustier, MAN President, Francis Meshioye, and the Head of the French Treasury in Nigeria, Florent Mangin, during the courtesy visit. The French Ambassador to Nigeria, Marc Fonbaustier, and the Head of the French Treasury in Nigeria, Florent Mangin, paid a courtesy…

Read More