FirstBank has unveiled an advanced facial biometric solution on its FirstMobile app, designed to strengthen security and simplify user onboarding for Nigerians and diaspora customers alike. The new feature allows customers to register and activate the app using facial recognition, supported by anti‑spoof detection to guard against identity fraud The upgrade is especially helpful for
Africa’s richest man, Aliko Dangote, has officially submitted paperwork to construct what will become Nigeria’s largest seaport at the Olokola Free Trade Zone in Ogun State—reviving a project shelved years ago. The development marks a significant return to the area after previous setbacks tied to policy hurdles and administrative obstacles During a courtesy visit to
The Nigerian stock market experienced a bullish surge as the All‑Share Index closed at ₦124,446.8 on July 10, 2025—an impressive 2.01% gain from the previous session—which propelled total market capitalisation close to the ₦80 trillion mark at ₦78.7 trillion Leading the day in trading value was SEPLAT, accounting for roughly ₦3.9 billion in transactions. Other major contributors to market
MultiChoice has rolled out a new “Ka Weekie” initiative, introducing weekly subscription options for both DStv and GOtv, in a bid to make entertainment more accessible and affordable. The short-term seven-day packages are now available across a range of bouquets—including DStv Lumba, Access, Family, Compact and GOtv Lite, Value, Max, Supa, and Supa Plus—addressing a growing
A new survey of top business executives has revealed growing optimism about Nigeria’s economic outlook, though many remain cautious about key challenges that could hamper progress. The survey, which gauged the sentiments of Chief Executive Officers (CEOs) across diverse sectors, indicated a general belief in the country’s economic potential, citing recent policy reforms, improved infrastructure
In a week marked by a mix of optimism and caution across the continent’s financial landscape, key African stock markets closed on varying notes for the trading week ending Friday, July 11, 2025. From the bustling commercial hubs in West Africa to the economic engines of East, North, and Southern Africa, investors witnessed a blend
Saudi Arabia has claimed the top spot globally for growth in international tourism revenues during the first quarter of 2025 compared to the same period in 2019, as reported in the UN Tourism Barometer released in May 2025 . The Kingdom recorded a staggering 102% increase in visitor numbers over the four-year span—vastly defeating the
Williams Fatayo has officially stepped down as the Chief Executive Officer of truQ, a Nigerian logistics technology startup, following a leadership dispute within the company. Sources close to the situation revealed that Fatayo’s resignation was prompted by internal disagreements over strategic direction and governance within truQ’s executive team. While the exact details of the leadership
Africa stands on the cusp of a gas‑led transformation, with natural gas emerging as a pivotal fuel for national growth and regional connectivity. According to the Gas Exporting Countries Forum, Africa currently produces around 260 billion m³ of gas annually, and this figure is expected to more than double—to about 585 billion m³ by 2050 . As global demand
A growing number of entrepreneurs in the micro, small and medium enterprise (MSME) sector are struggling to access formal credit, even as they power over 50% of Nigeria’s GDP and employ around 80% of the workforceBusiness A.M – Braking news at tips . Among the hurdles, banks continue to impose steep collateral demands and high
