Nigeria’s banking heavyweight, Guaranty Trust Holding Company Plc (GTCO), has posted its 2025 financial results, showing a respectable ₦1.23 trillion profit before tax — but this figure, while impressive, represents a decline from its break‑out performance in 2024. Last year GTCO delivered a record ₦1.27 trillion profit before tax, bolstered by significant fair‑value gains that did not…

Women in DeFi, a leading advocacy group for gender diversity in blockchain and decentralized finance (DeFi), has officially announced its 2026 summit, aimed at advancing African women’s leadership in the global Web3 economy. The event seeks to provide a platform for women across the continent to connect, learn, and lead in one of the fastest-growing…

Sterling Bank has announced a bold initiative to put ₦2 billion directly into the hands of everyday Nigerians, signaling its commitment to financial inclusion and community engagement. The program is designed to empower individuals and small businesses across the country, providing them with access to funds that can drive personal growth, support entrepreneurial ventures, and…

While South Africa is often criticized for a lack of access to funding for small and medium-sized enterprises (SMEs), a closer look suggests the real challenge isn’t capital—it’s execution. Many SMEs struggle not because investors aren’t willing to back them, but because these businesses face operational inefficiencies, weak business models, and limited managerial capacity that…

The startup, which began as a small team of engineers and data scientists, set out with a clear mission: to provide accurate, real-time mapping data for a country where official geospatial information is often outdated or incomplete. Nigeria’s diverse geography—including bustling cities, sprawling towns, rural villages, and difficult-to-access regions—posed unique challenges. Traditional mapping methods, which…

At the core of this shift is Uber’s effort to streamline how drivers earn, access, and spend their income. In many markets, especially across Africa, drivers face challenges such as delayed payouts, limited access to credit, and high transaction costs. Uber’s financial tools aim to address these gaps by enabling faster payments, digital wallets, and…