Author: Today Africa

Nigeria’s foreign exchange market remains a central pressure point for monetary policy, capital allocation, and financial system credibility. Enforcement actions in this space tend to carry implications beyond the parties involved, particularly for banks that sit at the intersection of official FX policy and private market demand. Against this backdrop,

Nigeria’s telecommunications sector continues to evolve as regulators adjust licensing structures to reflect emerging technologies and business models. For a market that has historically balanced rapid private-sector innovation with tight regulatory oversight, changes to entry frameworks matter not only for startups, but also for capital allocation, service quality, and long-term

Nigeria’s mobile internet market sits at the core of the country’s digital economy, underpinning everything from financial services and media consumption to remote work and small business operations. As data usage continues to rise during peak evening hours, network quality, rather than subscriber numbers alone, has become a defining competitive

The governance of generative artificial intelligence is moving from abstract debate to concrete enforcement. Across major technology markets, regulators are increasingly focused on how image and text generation tools intersect with privacy law, child protection frameworks, and existing rules on consent. For platforms operating at global scale, including those with

As artificial intelligence moves from experimental tools to everyday infrastructure, the central question facing large technology platforms is no longer whether AI can generate answers, but whether it can meaningfully understand users within their real-world contexts. Google’s launch of “Personal Intelligence” inside its Gemini app reflects this transition. The update

First HoldCo Plc has unveiled new board appointments across its non-commercial banking subsidiaries following regulatory approvals, with two women, Ebikabo Williams and Yewande Amusan, appointed as chairmen among five new board heads. Group Chairman, Femi Otedola, CON, said the appointments reflect the Group’s focus on leadership and governance. “Their expertise,

A defence technology startup focused on Africa, Terra Industries, raises $11.75m in seed funding to develop independent security systems across the continent. This funding round is one of the largest seed raises achieved by an African startup, marking Terra’s official exit from stealth mode. The company was co-founded by Nigerian