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Insolify deploys AI payment system for African markets

A fintech infrastructure company, Insolify, has announced the deployment of a new low-latency artificial intelligence payment system aimed at reducing transaction failures across high-growth African markets where connectivity remains inconsistent. The company said the solution is designed to address a common challenge faced by users in countries like Nigeria and Kenya: payment timeouts caused by...
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PowerLabs’ AI Energy Management Platform Secures Funding

A Lagos-based energy and climate-tech start-up, PowerLabs, has raised a pre-seed funding round to tackle Nigeria’s fragmented and unreliable power systems. The round was led by Breega, with participation from Catalyst Fund, Mercy Corps Ventures and Kaleo Ventures. The company said in a statement by CEO & Co-Founder, Tobechukwu Arinze on Tuesday that proceeds would...
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ECHO Accelerator Targets Africa’s Growing Creator Economy

The ECHO accelerator, launched by Woof Studios, is seeking to professionalise Africa’s $30bn fast-growing creator economy by training digital content creators to build scalable and monetisable businesses. Unveiled at an event in Lagos titled The Future of Africa’s Creator Economy, the programme brought together a cohort of creators alongside industry leaders from film, media and...
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Irede Foundation expands disability outreach in Lagos

The Irede Foundation has expanded its disability inclusion outreach in Lagos, reaching more than 1,000 residents through an annual programme that combines awareness advocacy, fundraising and direct support for people living with disabilities. The initiative, held in Lagos, brought together volunteers, supporters and beneficiaries who contributed personal resources to support empowerment efforts for persons with...
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Savory & Partners Details African Expansion Plans for HNWIs

Savory & Partners, a global advisory firm specialising in citizenship and residency planning, says it is expanding its presence in Africa as it targets rising demand among high-net-worth individuals for cross-border mobility and wealth diversification solutions. The firm, which operates across more than 20 jurisdictions, is increasing its focus on citizenship-by-investment and residency-by-investment programmes, as...
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Nigerian agribusiness SMEs seek improved access to capital

Agribusiness small and medium-sized enterprises in Nigeria are intensifying efforts to secure improved access to capital as development institutions roll out targeted interventions to address persistent financing and capacity gaps in the sector. A new capacity-building initiative led by the Enterprise Development Centre of Pan-Atlantic University has brought together the Small and Medium Enterprises Development...
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Talk on Nigeria Industrial Processing & Value Addition

Nigeria’s push to transform its resource base into industrial output will come under fresh scrutiny later this month as senior policymakers, industry leaders and academics gather in Lagos for the 10th edition of The Bullion Lecture. The lecture, scheduled for 23 April at the Civic Centre in Victoria Island, will be delivered by Nnanyelugo Ike-Muonso,...
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Agency Backs Grassroots Autism Awareness Drive in Ibadan

Bean Creative IMC, the integrated marketing communications agency of Chocolate City Group, has led a major grassroots campaign to promote autism awareness and inclusion in Ibadan through a 12-kilometre walk marking World Autism Awareness Day. In a statement, the initiative, organised in partnership with Haven for Autism Foundation and Motoks Therapy Hub, drew thousands of...
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Banklink Africa Injects N2bn for Critical Minerals Financing

The transformation of DEAP Capital Management & Trust Plc into Critical Minerals Financing Corporation Plc has entered a decisive new phase following an additional N2bn capital injection by Banklink Africa Private Equities Limited. The latest funding increases the total capital injected to N3bn, with the balance of the N6bn committed under the parties’ capitalisation agreement...
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NDPC Investigates Loan Shark Operators for Privacy Violation

The Federal Government says it is investigating the activities of some ‘sharp sharp’ loan operators over alleged violations of customers’ data privacy. The National Commissioner of the Nigeria Data Protection Commission, Mr Vincent Olatunji, said this in an interview with the News Agency of Nigeria on Tuesday. NAN reports that ‘Sharp Sharp’ loan operators, also...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...