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Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover
- By Black Hot Fire Network Team
- . August 9, 2026
The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from energy and power generation to
GITEX Nigeria to spotlight Africa’s $1trn AI economic potential – Nigerian CommunicationWeek
- By Black Hot Fire Network Team
- . August 8, 2026
GITEX Nigeria, described as West Africa’s largest technology, AI and startup event, is scheduled to hold in Abuja and Lagos from Aug. 31 to Sept.
World Bank and GPE-backed $552 million education program launches to train 500,000 teachers and educate 29 million Nigerian children
- By Black Hot Fire Network Team
- . July 18, 2026
Nigeria launched a $552 million basic education programme on July 16, 2026, which is co-financed by the World Bank and the Global Partnership for Education
Nigerian Fintech Unicorn Moniepoint Appoints Rose Muturi as Kenya CEO
- By Black Hot Fire Network Team
- . July 17, 2026
Muturi will oversee Moniepoint”s overall growth strategy in Kenya, while Sumac Microfinance Bank will continue to operate under its existing management team. Moniepoint Group has
South African police say Nigerian man’s death not linked to anti migrant violence
- By Black Hot Fire Network Team
- . July 8, 2026
South African police have denied claims that the death of a Nigerian man in police custody was connected to recent anti migrant protests, saying he
IEEE NIGERCON 2026 Set to Propel Nigeria’s Digital Economy, Research Excellence, and Industry Innovation – Nigerian CommunicationWeek
- By Black Hot Fire Network Team
- . May 28, 2026
The composition of that top ten has changed substantially over the past decade. China Mobile crossed one billion subscribers in the second quarter of 2024
Nigerian banks boost African interest income growth
- By Black Hot Fire Network Team
- . February 26, 2026
Nigerian banks contributed significantly to the fastest growth among emerging markets during the first half of 2025, according to a recent report by Fitch. This
Nigerian Clergy Condemn Violence in Taraba State
- By Black Hot Fire Network Team
- . February 14, 2026
Priests from the Dioceses of Wukari and Jalingo held a protest march in Jalingo, Taraba State, Nigeria, on February 12, 2026. The demonstration addressed ongoing
Nigerian diaspora: Top countries with the biggest populations
- By Black Hot Fire Network Team
- . February 3, 2026
The population of Nigerians living abroad is substantial, reaching approximately 17 million as of 2024, according to data from the International Organisation for Migration (IOM).