Paystack, a company solving payments problems for ambitious businesses in Africa, Tuesday announced the launch of The Stack Group (TSG), a parent holding company that will aggregate the tech-focused family of brands connected with Paystack. TSG Founding shareholders include Stripe, Shola Akinlade (Founder and CEO of Paystack), and existing Paystack employees. The agreements establishing TSG as the parent holding company were signed in October 2025, and are subject to the requisite regulatory approvals. Since its acquisition by Stripe in 2020, Paystack has grown its payment volume by 12x and is licensed and operational in Côte d’Ivoire, Ghana, Kenya, Nigeria, and…
Author: Rommy Imah
In the digital age, few national resources are as strategic, and as invisible, as radio frequency spectrum. It is the silent infrastructure that powers mobile phones, broadband internet, satellite communications, broadcasting, Wi-Fi, smart devices, and emerging technologies such as 5G, the Internet of Things (IoT), and smart city applications. As demand for digital services accelerates, the way a country manages its spectrum increasingly determines its economic competitiveness, digital inclusion, and innovation capacity. Recognising this reality, the Nigerian Communications Commission (NCC) has developed the Draft Spectrum Roadmap for the Communications Sector (2025–2030)—a forward-looking framework designed to guide how spectrum is planned,…
Arc. Dr. Kaycee Orji, Chairman, Roxettes Group, will be addressing African youths, investors, and industry stakeholders from the World Economic Forum (WEF) 2026 in Davos, Switzerland, with a strong call for urgent economic action across the continent. Orji will be speaking at the event alongside Wale Tinubu, Group Chief Executive, Oando Plc; and Ayo Sotinrin, Managing Director, Bank of Agriculture, in a session to be moderated by the duo of Ugonna Madueke and Nicole Asinugo. Speaking ahead of his participation, Orji said Africa’s future could no longer be deferred, stressing that decades of waiting for change had yielded little progress.…
ROXETTES MOTORS is advancing its clean mobility strategy in Nigeria with plans to expand commercial DC Fast Charging infrastructure across Abia State, a move designed to accelerate electric vehicle adoption and support government-led electrification of public transport. The company disclosed this following a strategic exploration of Umuahia urban and key traffic corridors last weekend. Speaking after an on-the-spot technical and operational assessment of its existing charging stations, Chief Executive Officer, Dr. Kaycee Orji confirmed that all installed charging piles in Abia State are performing optimally. “I personally carried out an on-the-spot assessment of our charging stations across Abia State last…
From bustling Wuse Market in Abuja to the shores of Alpha Beach in Lagos, hundreds of Nigerians joined hands on Saturday, November 29, 2025, to tackle plastic and waste pollution in a sweeping environmental cleanup exercise. The effort, spearheaded by Sterling One Foundation in collaboration with Sterling Bank, Sunbeth, government agencies, and partner organizations, underscored the power of community-led action in restoring Nigeria’s environment. The initiative, aligned with the United Nations Decade of Action, spanned 17 states and brought together environmental experts, youth groups, and government representatives to remove waste, promote recycling awareness, and advocate for responsible disposal practices. Tunde…
Nigeria is staking its claim as the next frontier of the global digital economy, driven by a young, digital-native population and a rapidly expanding market. At the heart of this ambition is the country’s collaboration with the United States to build a secure, trusted, and resilient digital ecosystem, with emphasis on data privacy, artificial intelligence (AI), cybersecurity, and capacity building. The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, reaffirmed this commitment while delivering an address at the Nigeria Data Privacy Capacity Building Workshop organised by the U.S. Department of State, in collaboration with the…
In a bold move to empower consumers with instant financial rewards, Premier Cool has unveiled its nationwide “10K for 10K” promotion in collaboration with PalmPay, Nigeria’s leading digital bank. The initiative will distribute a staggering ₦100 million directly into PalmPay wallets, rewarding 10,000 Nigerians with ₦10,000 each. Running from January 12 to April 11, 2026, the campaign will see 111 winners announced daily, ensuring thousands of participants experience the excitement of instant cash prizes throughout the three-month period. Speaking on the campaign, the MD PZ Cussons Africa, Mr Oghale Elueni, said “At a time when financial pressure is real for…
MultiChoice Nigeria has announced a change in its top leadership, with Chief Executive Officer John Ugbe set to retire and Kemi Omotosho appointed to succeed him as Chief Executive Officer, Nigeria, effective January 2026. The company said the transition follows a structured succession process designed to ensure continuity in leadership and operations. Ugbe is stepping down after nearly 15 years at the helm, a period during which MultiChoice Nigeria navigated significant shifts in consumer behaviour, technology, and regulation across the pay-TV and broader media landscape. During his tenure, he oversaw efforts to strengthen the company’s operational framework and position the…
In a decisive move to strengthen consumer protection in the telecommunications and financial services sectors, the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have jointly developed a comprehensive framework to resolve consumer complaints arising from failed airtime and data transactions. The initiative aligns with the consumer-centric mandates of both regulators and targets recurring issues linked to network downtimes, system glitches, and human input errors that often result in subscribers being debited without receiving value. The framework is the product of several months of intensive engagements involving the NCC, the CBN, Mobile Network Operators (MNOs), Value Added…
As the nation embraces the possibilities of a fresh calendar year, Konga, Nigeria’s leading composite e-commerce platform, has officially announced the launch of its inaugural shopping campaign of 2026, tagged Konga Jara. It is designed to help shoppers transform new year aspirations into tangible realities through exceptional deals, setting the tone for a year of value-driven shopping, customer-focused innovation, and accessible technology for Nigerians nationwide. Konga Jara brings a combination of mouthwatering deals across multiple product categories, with a standout offer of 25 per cent discount on Starlink internet kits, alongside free nationwide delivery. The campaign draws its name from…