From Lagos to Nairobi

Neimeth International Pharmaceuticals Plc has recorded an impressive 120% increase in operating profit, driven by strategic marketing expansion and effective cost management initiatives. The company’s latest financial report underscores a strong turnaround, highlighting its resilience in navigating Nigeria’s challenging economic environment. According to the pharmaceutical firm, the sharp rise in profit reflects the success of…

Nigeria’s fast-growing fintech ecosystem has welcomed a new entrant—TGIPay, a next-generation digital payments platform designed to simplify and unify financial transactions across Africa. Officially launched in Lagos, TGIPay aims to revolutionize how businesses and consumers send, receive, and manage money across multiple channels, offering a secure, fast, and inclusive solution for the continent’s diverse financial…

Sterling Financial Holdings Company (Sterling HoldCo), the parent entity of Sterling Bank, has reported a remarkable 127% year-on-year profit growth, underscoring its strong financial performance and strategic agility in navigating Nigeria’s challenging economic environment. The impressive earnings trajectory reflects the success of the group’s diversification strategy and its focus on innovation-led growth across its banking…

In Africa’s fast-evolving tech landscape, design is emerging as a key differentiator in how products connect with users—and few voices embody this movement better than Judith Ifeoma, a leading product designer and community advocate championing design with purpose. Her mission goes beyond crafting visually appealing interfaces; she’s building ecosystems where African designers can thrive, collaborate,…

African central banks have issued a strong warning that an overreliance on short-term deposits could undermine the continent’s long-term financial stability and development. Speaking at a recent pan-African financial forum, several central bank governors emphasized that sustainable economic growth requires deeper capital markets, long-term investments, and innovative financial instruments—not just short-term liquidity. Across Africa, commercial…

Nigeria is taking a bold step toward regulating artificial intelligence (AI) with a new bill that proposes mandatory registration and licensing for AI developers, companies, and users. The proposed legislation aims to establish a legal framework that ensures the ethical use, accountability, and transparency of AI technologies within the country. The bill, currently under review…