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Firm empowers SMEs with AI-based payment technology

Nearpays, the fintech platform founded by Victor Daniyan, is transforming how small businesses across Africa accept payments by introducing AI-powered Soft POS and contactless payment solutions. The platform allows merchants to process transactions with the speed and reliability of traditional POS terminals, without the need for bulky hardware. Speaking about the motivation behind Nearpays, Daniyan,...
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Supacash Promotes Valentine’s Day Generosity Amid Hardship

A digital payment platform, Supacash, has urged Nigerians to embrace small acts of generosity this Valentine’s Day, saying even modest gifts can create a meaningful impact amid growing economic hardship. The firm launched a Valentine’s Day initiative tagged #100kSmilesChallenge, which began on 3 February 2026, with the aim of reaching 100,000 Nigerians through small cash...
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HitchPay Hits $2M in Cross-Border Payments Across Africa

Lagos-based fintech startup HitchPay has processed over $2m in transactions in the past four months, underscoring rising demand for streamlined cross-border payments among African businesses and diaspora communities. The platform, which counts more than 20,000 active users, is growing at a rate of 22 per cent month over month, according to company data, reflecting strong...
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AfriMillions Unveils N1bn Weekly Lottery in Nigeria

AfriMillions has launched a N1bn weekly progressive lottery. The brand unveiled its first Mega Jackpot Draw in a live broadcast on Wazobia Max TV, in what it described as a major step in Nigeria’s digital lottery space. According to a statement, the inaugural draw, which also aired on radio through a simulcast, took place under...
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5Alive unveils new products, Mango and Cocopine, in Nigeria

5Alive has unveiled two new products, Mango and Cocopine, as it refreshes its portfolio to deepen engagement with what it describes as “Nigeria’s most expressive generation”. The juice brand said in a statement that the launch reflects its commitment to evolving with consumer tastes while delivering refreshment. Senior Director of Frontline Marketing, Nigeria, at Coca-Cola,...
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Manufacturers Sue CBN, Banks Over Unpaid FX Sale Dispute

Not all manufacturing companies have received payment for their unpaid foreign exchange forward contracts. These companies’ unsettled FX backlogs have continued to incur losses too big to bear, the Manufacturers Association of Nigeria has said. MAN’s advocacy comes despite the Central Bank of Nigeria’s declaration that it had concluded the settlement of all valid backlogs....
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Governance & Private Sector Focus Key to Osun’s Welfare

A renewed focus on governance, private sector mobilisation, growth, innovation hubs and cultural preservation would improve the lives and welfare of Osun State citizens, according to the Osun Development Association. Members of the ODA affirmed these development indices, following a keynote address by the Chairman of the Nigerian Economic Summit Group, Niyi Yusuf, on priorities...
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CAPPA urges ban of junk food ads targeting children

The Corporate Accountability and Public Participation Africa has called on policymakers to ban the marketing of ultra-processed foods and sugar-sweetened beverages to children, warning that companies deliberately flooded the 2025 festive season with emotionally charged promotions to drive consumption of unhealthy products. CAPPA made the call on Wednesday in Lagos while presenting findings from an...
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Nigeria’s 2026 Budget for 7,841 Idle Industries Survey

The government plans to allocate N12.18m to evaluate nearly 8,000 dormant industries, a move that has raised concerns among stakeholders and reignited calls for privatisation, writes ARINZE NWAFOR With the Federal Government setting aside N12.18m in the 2026 budget for a continuous nationwide survey of 7,841 moribund industries, stakeholders have again questioned the state’s involvement...
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Segun Shonubi honoured by Lagos Country Club

The Lagos Country Club has honoured Segun Shonubi with its 2025 Outstanding Resource Person Award, recognising his contributions to the club and his wider professional impact. According to a statement, the club presented the award at its 2026 New Year’s Party, where the Lagos State Commissioner for Information and Strategy, Gbenga Omotoso, represented the Governor...
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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...