News

AFCON to Return to Biennial Format as CAF Reverses Four-Year Plan

The Confederation of African Football (CAF) has reversed its plan to stage the Africa Cup of Nations (AFCON) every four years, confirming that the tournament will return to its traditional two-year cycle. CAF President Patrice Motsepe announced the decision after the organisation’s Strategy Conference in Cabo Verde, held from October 7 to 9, 2026. The […]

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Intra-African trade shouldn’t depend on dollars .Grey

Cross-border payments company, Grey, says African businesses should be able to pay suppliers in other countries without routing transactions through the US dollar. The company said it had developed direct currency conversion routes to reduce the steps involved in cross-border payments and address challenges with foreign exchange (FX) liquidity.Grey’s co-founder and Chief Executive Officer, Idorenyin

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Seven Modular Refineries to Begin Operations in Nigeria in 2027

Nigeria’s modular refining industry is expected to record further growth in 2027, with seven new refineries projected to begin operations at a combined capacity of 83,000 barrels per day.The projection was disclosed by Argus Media’s George Maher-Bonnett during a presentation at the OTL Africa Downstream conference in Lagos on Wednesday. Speaking on the changing trends

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GTCO Launches Google Pay for Local and International Payments

Guaranty Trust Holding Company Plc (GTCO) has launched Google Pay services through two of its subsidiaries, allowing customers to make online payments while enabling businesses to receive payments through the platform.The development coincides with the official launch of Google Pay in Nigeria, with Guaranty Trust Bank (GTBank) and HabariPay already integrating the service into their

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D-Positive Global Image Services Consult Ltd Trains Fashion Escalate Academy on Entrepreneurship and Business Growth

D-Positive Global Image Services Consult Ltd, a training and business development company, equipped participants of Fashion Escalate Academy with practical insights into entrepreneurship, leadership, digital innovation and business growth on October 21, 2026. Mallam Nasir Abdulquadri, CEO of D-Positive Global Image Services Consult Ltd, highlighted the fundamentals of building a successful business, emphasising customer understanding,

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Dangote Refinery IPO Draws Investors from 120 Countries

Dangote Petroleum Refinery and Petrochemicals has brought its landmark Initial Public Offering (IPO) to a close, attracting applications from investors in 120 countries across the six inhabited continents. Participation extended to all 54 African nations, showcasing the continent’s capacity to mobilise investment and expand public access to ownership in major industrial ventures. The offer, popularly

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WITIN Girls Earns Top Commonwealth Honour for Expanding Digital Access

WITIN Girls, a Nigerian programme that encourages girls to pursue science and technology education, has received the Universal Access Service Excellence Award at the 2026 Commonwealth Telecommunications Organisation Digital Excellence Awards. The initiative shared the news on LinkedIn, explaining that the honour reflects its work in bringing digital tools and science, technology, engineering and mathematics

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Alert Group Emerges Fastest-Growing Financial Services Group at 2026 BAFI Awards

Alert Group has been honoured as the Fastest-Growing Financial Services Group of the Year at the 2026 BusinessDay Banks and Other Financial Institutions Awards, in recognition of its expansion, financial achievements and efforts to make financial services more accessible to Nigerians. The award was conferred during the 14th edition of the BAFI Awards, recently held

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Tinubu Says Dangote Investments Boost Jobs, Local Production

President Bola Ahmed Tinubu has praised the Dangote Group for its role in advancing Nigeria’s economic development, noting that its investments across strategic industries have helped expand local production, create employment opportunities, reduce import dependence, save foreign exchange and strengthen the country’s industrial base. Tinubu made the remarks during a visit to the Dangote Group

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Tinubu Group Facilitates Power Project in Kaduna Community

Residents of Rigasa in Kaduna State may see improvements in electricity supply following the commencement of a new substation project designed to strengthen power distribution in the community, where electricity shortages have reportedly persisted for about 15 years. The initiative was facilitated by the Bola Ahmed Tinubu Ideological Group (BAT-IG), with the Niger Delta Power

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