In what could become the most transformative update in its history, WhatsApp, the world’s most widely used instant messaging platform, is preparing to change the way its two billion users connect. The company is testing a feature that allows people to identify themselves through usernames
Madica, a structured investment program for pre-seed African startups, has announced new investments in two AI-powered companies, Anavid and Hypeo AI. The program, which is affiliated with Flourish Ventures, has also partnered with the African Business Angel Network (ABAN) to expand investment flow and ecosystem networks for its portfolio companies. Each new company has
Only one in 10 Nigerian households owns a car or truck, according to findings from the 2024 Nigeria Demographic and Health Survey (NDHS). The survey also found that 28% of households own a motorcycle or scooter. The data reveals a significant urban-rural divide. Car and truck ownership is 15% in urban areas but just 5% […]
An Abuja magistrate court has ordered that Aloy Ejimakor, a lawyer for the detained IPOB leader Nnamdi Kanu, be remanded in the Kuje Correctional Centre. Ejimakor was arrested on Monday alongside 12 others while protesting in Abuja for Kanu’s release. Kanu has been in DSS custody since 2021. The 13 defendants face charges including criminal […]
President Bola Tinubu says the Economic and Financial Crimes Commission (EFCC) has secured over 7,000 convictions and recovered assets worth over N500 billion within the past two years. The president spoke on Monday at a capacity-building workshop for judges in Abuja, where he was represented by Vice-President Kashim Shettima. “The EFCC has recorded over seven […]
MTN Nigeria has announced a ₦100 million cloud accelerator programme aimed at supporting 20 high-potential African startups through funding, mentorship and access to its technology infrastructure. Unveiled at the African Business Angel Network (ABAN) Congress 2025 in Lagos, the initiative underscores MTN’s growing role in Africa’s innovation ecosystem. Njideka Jack,
The African Continental Free Trade Area (AfCFTA) has pledged to work closely with angel investment networks to strengthen Africa’s early-stage funding environment and attract more local capital into innovation-driven enterprises. Wamkele Mene, secretary-general of AfCFTA, made the announcement in a virtual keynote address at the African Business Angel Network (ABAN)
The African Business Angel Network (ABAN) has concluded its 10th-anniversary congress in Lagos, bringing together more than 5,000 angel investors from 37 African countries to mark a decade of advancing early-stage investing across the continent. Held from October 17 to 18 at the J. Randle Centre for Yoruba Culture and History, the two-day event focused […]
Angel investors at the African Business Angel Network (ABAN) Congress 2025 have called for stronger visibility and transparency across angel investment networks to unlock more local capital for startups on the continent. The call came as investors and members of ABAN highlighted that limited awareness remains one of the biggest barriers to expanding angel investing […]
The federal government has partnered with Google and Apolitical to launch the ‘Government AI Campus’, a global training initiative to equip Nigerian public servants with artificial intelligence (AI) skills. The programme, which was launched in Abuja on Thursday, is designed to help officials harness AI for governance and improved service delivery. Supported by Google and
Ebi Atawodi, senior director of product management at Google, has urged African innovators and creators to focus on solving problems for individuals to build solutions that can achieve global impact. Atawodi spoke at the Moonshot 2025 Conference in Lagos during her lecture titled “Designing for Billions: What big tech teaches about impact.” She said that […]
Dele Alake, the minister of solid minerals development, says the national gold purchase programme (NGPP) will boost the country’s foreign reserves and strengthen the naira. Alake spoke on Wednesday in Abuja at the Nigeria gold day celebration, held on the sidelines of the 10th edition of the Nigeria mining week. He said the programme, which […]
Tomiwa Aladekomo, CEO of Big Cabal Media, has urged African technology founders and investors to focus on building long-term momentum and sustainable businesses. Speaking at the opening of Moonshot 2025 on Wednesday in Lagos, Aladekomo said the industry must draw lessons from past failures to drive the next phase of innovation. “We have survived the […]
Peter Gregory Obi, the 2023 presidential candidate of the Labour Party, has filed a ₦1.5 billion defamation lawsuit against political activist Deji Adeyanju. Obi sued Adeyanju over a series of alleged false and malicious publications on the activist’s social media platforms, which he claimed have damaged his personal, political, and professional reputation. The suit,
The decision was announced on Tuesday after a meeting of the PDP State Chairmen Forum held at the party’s secretariat in Abuja. The meeting was chaired by Edward Percy Masha, acting secretary of the forum. Those suspended are Austine Nwachukwu, chairman of the Imo State chapter, and Amah Abraham Nnana, chairman of the Abia State […]
The International Monetary Fund (IMF) says Nigeria’s debt-to-gross domestic product (GDP) ratio is expected to decrease to 36.4 percent in 2025 and further to 35 percent in 2026. The projection was made in its latest Fiscal Monitor report, launched at the ongoing 2025 IMF/World Bank annual meetings on Wednesday in Washington DC, where the fund […]
The federal government has opened discussions with the Republic of China to take over the revival of the Ajaokuta Steel Company Limited (ASCL) and the National Iron Ore Mining Company (NIOMCO) in Kogi state. The Minister of Steel Development, Shuaibu Abubakar, disclosed this on Tuesday at the opening of the 10th edition of the Nigeria […]
The African Democratic Congress (ADC) has warned that the National Assembly’s proposal to move the 2027 general elections to November 2026 could derail governance and stall development across the country. The opposition party raised this concern in reaction to the Electoral Act Amendment Bill 2025, which proposes that the Independent National Electoral Commission (INEC)
TechCabal, one of Africa’s leading technology publications, has announced the return of Moonshot, its flagship technology conference, scheduled to take place from October 15 to 16, 2025, at the Eko Convention Centre in Lagos. Now in its third edition, Moonshot 2025 will run under the theme “Building Momentum”, bringing together influential voices across the continent’s
President Bola Tinubu on Thursday granted pardons to 175 convicts and ex-convicts, following approval from the National Council of State. The beneficiaries include Herbert Macaulay, famed nationalist; Farouk Lawan, a former member of the House of Representatives; and Major General Mamman Vatsa, the poet and soldier executed in 1986 for alleged treason. Other recipients