Business & Economy

BACKED BY BILLIONS: Heirs Holdings’ Redtech Unleashes RedPay to Control Africa’s Payment Backbone

Redtech, the FinTech powerhouse founded by Tony Elumelu’s Heirs Holdings, has officially launched RedPay, an ambitious omnichannel payment platform designed to unify and dominate...

Africa’s Economic Pivot: Standard Bank Becomes First on Continent to Integrate China’s Yuan Payment System

Standard Bank Group, Africa's largest bank by assets, has executed a landmark financial move by becoming the first African banking institution to officially integrate...

CBN Ends Special Authorisation: New Cash Withdrawal Rules Effective January 2026

ABUJA—The Central Bank of Nigeria (CBN) has announced significant revisions to its cash-related policies, effective January 1, 2026. These changes signal a renewed push...

Lagos Commuters Rejoice! 229 High-Capacity Buses Launch on Lekki–Epe Corridor Dec 8

Lagos is about to witness a major facelift in its public transportation system. Commuters on the notoriously busy Lekki–Epe axis can finally look forward...

Nigeria Completes $5 Billion African Energy Bank Headquarters, Sets Stage for Continental Energy Growth

Nigeria has concluded the construction of the $5 billion headquarters for the newly established African Energy Bank (AEB), a development seen as a major...

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