T2mobile, formerly 9mobile, delivered Nigeria’s fastest rural download speeds in Q4 2025, beating MTN, Airtel, and Glo, according to NCC and Ookla data.
Nigeria Police Nab Six Suspects in ₦7.7bn Telecoms Airtime and Data Cyber Fraud Case
The Nigeria Police have arrested six individuals over the alleged hacking of a telecoms operator, leading to the diversion of airtime and data valued at more than ₦7.7 billion.
Nigeria’s Startup Funding in 2025 Was Highly Concentrated, with 11 Firms Taking 82.9% of Capital
Startup funding in Nigeria remained selective in 2025, as just 11 companies attracted nearly 83% of total investment, driven by investor focus on fintech, logistics, and energy infrastructure.
Coinbase’s Branded Stablecoin Push Could Transform African Businesses into Financial Gatekeepers
Coinbase is laying the groundwork for a major shift in how companies handle money. The crypto exchange is developing infrastructure that allows businesses to create and manage their own dollar-pegged digital tokens, effectively positioning brands as self-contained financial operators. The system is already undergoing backend testing with USDF, a stablecoin issued by Flipcash, a Zimbabwean […]
Nigeria’s 5G Rollout Lags as Coverage Gap Stays at 55% — NCC, Ookla Data
Latest NCC and Ookla QoE data shows Nigeria’s 5G coverage gap remains at 55% in December 2025, underscoring slow network expansion despite widespread 5G smartphone adoption.
Amazon Announces 16,000 Job Cuts as AI and Automation Reshape Corporate Workforce
Amazon is cutting 16,000 jobs worldwide as part of a 30,000-role reduction, reflecting a broader shift toward AI-driven efficiency and post-pandemic restructuring.
PayPal’s Nigeria Relaunch Through Paga Shows a Shift From Control to Collaboration
PayPal’s partnership with Paga marks a strategic reset in Nigeria, replacing its failed expansion model with local integration, execution, and predictable payments infrastructure.
Lagos, MTN Partner to Transform Obalende Under-Bridge Into Y’ELLO Bus Park
Lagos State and MTN Nigeria are redeveloping the Obalende under-bridge into Y’ELLO Bus Park, a modern transport hub featuring solar power, CCTV surveillance, and organised terminals.
African Startup M&A Reaches All-Time High in 2025 as Deal Volume Climbs 72%
African startup mergers and acquisitions hit a record 67 deals in 2025, up 72% year-on-year, led by fintech and driven by strategic consolidation, according to TechCabal’s SOTIA report.
Trove Finance Buys UCML Securities, Becomes SEC-Licensed Broker in Nigeria
Nigerian fintech Trove Finance acquires UCML Securities, rebranding it as Innova Securities and securing SEC broker-dealer status, enhancing platform control and investment innovation.