Back to Magazine

Magazine · Section

News

Technology news and research for Nigerian businesses: what changed this week, why it matters to your company, and what to do about it, in plain words.

News

More in this section

News

FirstBank Sponsors 2026 Georgian Cup, Reaffirms Commitment to Polo

FirstBank has reaffirmed its longstanding commitment to polo as the 2026 Georgian Cup returns to Kaduna Polo Club from 16 to 24 October. With a sponsorship history dating back to 1919, the Bank continues to support sporting excellence and preserve one of West Africa’s most prestigious polo traditions through its First@Sport initiative.

News

Invest in Nigeria's Future: Subscribe to the Dangote Refinery IPO Through FirstBank

A significant opportunity is set to open in the Nigerian capital market as Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) launches its Initial Public Offering (IPO) on 14 September 2026. As a Receiving Bank for the offer, FirstBank is providing convenient and secure channels through which customers and investors can subscribe to the landmark listing.

News

FirstBank Empowers SMEs with Practical Sales Strategies at Upcoming SMEConnect Webinar

FirstBank is set to host the third-quarter edition of its SMEConnect Webinar on 9 September 2026, focusing on practical sales strategies to help SMEs win customers, boost revenue, strengthen customer loyalty, and achieve sustainable growth.

Business

Why Uber Really Left Nigeria and Uganda on the Same Day It Cut 3,300 Jobs

Uber says it left Nigeria and Uganda over "evolving business priorities." A same-day global restructuring, its own filings, and a strained driver-financing model tell a fuller story.

News

FBNBank Senegal Partners Dakar 2026 Youth Olympic Games to Advance Youth Development Through First@Sports

FBNBank Senegal, a subsidiary of FirstBank Group, has become the first Official Bank Partner of the Dakar 2026 Youth Olympic Games, strengthening the Group’s commitment to youth empowerment, sports development, financial inclusion, and sustainable growth across Africa.

News

MTN Just Had Its Best Half in Years — and Nigerian Businesses Weren't Buying

MTN Group posted record margins and Nigeria did most of the lifting. But inside MTN Nigeria's own filing, enterprise revenue fell 12.8% and wholesale more than halved — while consumer revenue jumped 36.2%.

News

Nigeria Just Incorporated Its $2 Billion Fibre Company — and Three Official Documents Disagree on What It Will Deliver

Nigeria has finally registered Bridge OA, the company that will build 90,000km of national fibre. We read the World Bank appraisal, the AfDB board approval and the ministry's own project page side by side — and they do not describe the same network.

News

Why Your Next Laptop Costs 20% More — and For Once, It's Not the Naira

AI's insatiable appetite for memory has triggered a global chip shortage that is pushing up the price of every laptop, phone and server on earth. Here is what the RAMpocalypse means for your Nigerian business — and how to protect your IT budget before the next quote lands.

News

$920 Million a Month: Why Google Is Renting Elon Musk's Computers to Power Its AI

Google has agreed to pay SpaceX $920 million per month for access to 110,000 Nvidia GPUs — driven by surging demand for its Gemini Enterprise AI platform. The deal reveals just how ferocious the scramble for computing power has become in 2026.

News

Nigeria's Television Industry Is About to Change Forever — Here's What June 17 Means for Your Business

Nigeria has confirmed June 17, 2026 as the date it will finally switch off analogue television broadcasting — a decade-delayed transition that will reshape media, advertising, and infrastructure opportunities across the country.

Artificial Intelligence

Apple Confirms Siri Will Run on Google Gemini—And It Signals a Much Bigger AI Shift

After months of speculation, Apple and Google have finally made it official. Siri’s long-awaited overhaul will be built on Google’s Gemini AI technology. But focusing only on Siri misses the real story. This partnership marks a deeper, multi-year alignment that could reshape how Apple delivers AI features across its entire ecosystem. Here’s what Apple and […]