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Guinea Insurance Deposits N1.5 Billion with CBN to Meet NIIRA 2025 Capital Requirement Guinea Insurance Plc has made a significant move by depositing N1.5 billion with the Central Bank of Nigeria (CBN) to comply with the Nigerian Insurance Industry Reform…
Running a business in Nigeria right now feels a bit like trying to run a marathon in flip-flops. The talent is there, the hustle is unmatched, but the macroeconomic ground keeps shifting. At the heart of this challenge is a…
Independence Day for African Energy For decades, African economies have operated under a frustrating, paradoxical economic loop. The continent would pump millions of barrels of high-grade crude oil out of its soil, ship it across global oceans to European and…
Discover the bet that completely destroyed MTN, what that has to do with globacom
The corporate embrace of sachet products in Africa represents a masterclass in low-margin, high-volume retail strategy. Global conglomerates like Unilever and Nestlé, alongside local giants, have re-engineered supply chains to cater to low-income populations living on daily wages. Rather than…
Policy decisions dictate the razor-thin margin between survival and collapse for small businesses in Nigeria. Radical macroeconomic shifts specifically the permanent removal of fuel subsidies and the floating of the Naira have drastically amplified overhead costs. Skyrocketing transport fares and…
A quiet but fierce battle is reshaping Africa’s retail banking sector as traditional commercial lenders and agile fintech neobanks clash for digital dominance. Driven by the world’s youngest population and surging smartphone usage, the struggle centers on capturing millions of…
Moniepoint became one of Africa’s most valuable fintechs by building financial infrastructure for the continent’s overlooked informal economy. Founded in 2015 as TeamApt, the company pivoted from selling software to banks toward empowering micro, small, and medium enterprises (MSMEs). By…
