News Highlights: Decentralized Nigeria 2.0 will debut Nigeria’s first major Web3 Gala and Awards Night to honour outstanding innovators, startups, and organizations. The August 15, 2026, conference at the MUSON Centre in Lagos is expected to bring together top blockchain leaders, regulators, investors, developers, and policymakers. Nigeria’s fast-growing blockchain ecosystem is set for another defining moment as Decentralized Nigeria returns for its highly anticipated second edition, bringing with it a bold expansion that signals the industry’s growing maturity and influence across Africa. Scheduled for August 15, 2026, at the iconic MUSON Centre, Decentralized Nigeria 2.0 is expected to attract a…
Author: Our REPORTER
News Highlights: Fidelity Bank Plc grew gross earnings by 37.9% to N434.95 billion in Q1 2026, with profit after tax reaching N74.47 billion. The bank’s total assets crossed N11 trillion, while customer deposits rose to N7.38 trillion, reflecting stronger balance sheet growth and market expansion. Fidelity Bank Plc has recorded a 37.9 per cent increase in gross earnings to N434.95 billion in the first quarter of 2026, underscoring the bank’s continued expansion in Nigeria’s highly competitive banking industry. According to the bank’s interim report and accounts for the three months ended March 31, 2026, released on the Nigerian Exchange (NGX),…
News Highlights: NITDA has deployed AI-powered systems to automate document routing, workflow tracking, and improve institutional efficiency across its operations. The Agency says it is retraining staff for emerging AI-related roles while urging public institutions to adopt responsible AI governance with strong human accountability. The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has revealed that the Agency has already deployed Artificial Intelligence-driven systems across its internal operations as part of a broader strategy to build a more efficient, accountable, and digitally resilient public institution. Speaking at the International Civil Service Conference 2026 held at Eagles…
News Highlights: Former Pan African Towers CEO, Azeez Amida, alleges the company is using procedural tactics to delay the resolution of a severance dispute dating back to his November 2024 exit. The National Industrial Court adjourned the matter to July 6, 2026, after questioning why Pan African Towers Limited filed a preliminary objection without a substantive defence. Fresh concerns have surfaced in the legal dispute between former Pan African Towers CEO, Azeez Amida, and Pan African Towers Limited, amid allegations that the company is deploying procedural strategies to stall substantive resolution of the case instead of addressing the core issues…
News Highlights: Fidelity Bank distributed food packs to over 1,500 Surulere residents through its Fidelity Food Bank initiative in partnership with the Presidency and SAO Foundation. The bank revealed that over 150,000 food packs have been distributed nationwide, supporting communities across Nigeria’s six geopolitical zones. Fidelity Bank, a leading financial institution, has reinforced its commitment to community welfare and sustainable development with the distribution of food packs to over 1,500 residents in Surulere, Lagos state. The outreach, executed under the Bank’s Fidelity Food Bank initiative, was carried out in partnership with the Office of the Personal Assistant to the President…
News Highlights: Moniepoint hosted the “Break the Pattern” International Women’s Day event in Lagos to empower women in tech through leadership development, AI-driven product building, and hands-on innovation training. Speakers and panellists urged women to challenge outdated industry norms, build practical digital skills, and take active leadership roles in shaping Nigeria’s evolving technology ecosystem. As Nigeria’s digital economy continues to expand, financial technology giant Moniepoint is intensifying efforts to strengthen female participation in the country’s innovation ecosystem through leadership development and practical technology training. At its Lagos headquarters, Moniepoint hosted a special International Women’s Day event themed “Break the Pattern,”…
News Highlights: NITDA says strong digital infrastructure and stable regulations are essential for attracting local and foreign investment into Africa’s startup ecosystem. The agency highlighted initiatives such as the Nigeria Startup Act and the 3MTT programme as key drivers of innovation, investor confidence, and tech talent development. As conversations around Africa’s tech future continue to evolve, the National Information Technology Development Agency (NITDA) has stressed that the continent’s startup ecosystem cannot attract sustainable investment without a solid digital backbone. The agency made this known on Friday, during the Africa Fintech Foundry Ecosystem Roundtable 7.0, a virtual forum themed “The Capital…
News Highlights: Access Holdings confirmed the retirement of DMD Chizoma Okoli from Access Bank effective April 30, 2026, following the expiration of her tenure. Okoli leaves behind nearly three decades of banking excellence, having played a major role in expanding Access Bank’s retail footprint, SME growth, and customer base. Access Holdings Plc has announced the retirement of Mrs. Chizoma Okoli as Deputy Managing Director of its flagship banking subsidiary, Access Bank Plc, effective April 30, 2026, marking the end of a significant chapter in her nearly seven-year leadership at the institution. The disclosure, contained in a statement signed by the…
News Highlights: Summit Household Solutions Limited has launched a modern manufacturing plant in Ota, Ogun State, with a production capacity of 7,000 tonnes annually. The facility has already created over 50 jobs and plans to create more than 250, reflecting investor confidence in Ogun State’s business environment. Summit Household Solutions Limited has inaugurated a state-of-the-art manufacturing plant in Ota, Ogun State, marking a significant step in expanding Nigeria’s domestic production capacity for home and personal care products. Operational since April 2025, the facility is designed to deliver an annual output of approximately 7,000 tonnes, producing essential consumer goods such as…
News Highlights: NITDA DG emphasised that global recognition brings responsibility, urging stakeholders to hold the agency accountable and ensure reforms are institutionalised rather than dependent on individuals. The newly inaugurated Multistakeholder Coordination Group aims to strengthen cooperation across government, civil society, and the private sector. The National Information Technology Development Agency (NITDA) has inaugurated a Multistakeholder Coordination Group, positioning it as a cornerstone for accountability, inclusivity, and sustained progress in Nigeria’s digital governance journey. At the inauguration held in Abuja, NITDA’s Director-General, Kashifu Inuwa, framed Nigeria’s recent global recognition in digital governance as both a privilege and a responsibility. “Recognition…