NVIDIA has pledged $250 million in computing resources over five years to support artificial intelligence (AI) safety research in the United Kingdom, helping researchers test advanced AI systems, strengthen security and develop safeguards as the technology becomes increasingly capable.
Wednesday, 14 October 2026
Cascador, Sterling Bank Launch $200m SME Credit Backstop Fund in Nigeria
Cascador and Sterling Bank have announced a $200 million SME Credit Backstop Fund aimed at expanding access to growth capital for Nigerian small and medium-sized enterprises (SMEs) ready to take on debt. The independent platform is designed to provide a credit-risk backstop to participating finance partners, with the potential to support up to $1 billion in outstanding lending.
BIGI Supports Emerging Music Talent at FUNAAB Through Soundcity OnTour 2026
Fadina Segun Samson, popularly known as SEGZY, has won the BIGI Music Competition at the Federal University of Agriculture, Abeokuta (FUNAAB), during the 2026 edition of Soundcity OnTour, as emerging Nigerian artistes showcased their talents in a three-day celebration of music and entertainment.
Helios Sports and Entertainment Group Targets Africa’s $20bn Sports Economy
Nigeria’s sports economy is attracting increased commercial interest, with more than ₦50 billion in private-sector investment flowing into the sector in 2025 as global demand for African sports and entertainment grows alongside the continent’s young, digitally connected population and rising pool of athletic talent.
Alpha Morgan Bank Relocates Head Office to Lagos, Signals New Phase of Growth
Alpha Morgan Bank Limited has relocated its head office from 44 Adetokunbo Ademola Crescent, Wuse II, Abuja, to 52 Adetokunbo Ademola Street, Victoria Island, Lagos, marking a new phase in the bank’s growth and nationwide expansion.
AREWA24 Launches ‘Uwa Da Da’ TV Show to Tackle Infant Mortality in Northern Nigeria
AREWA24, a Hausa-language family entertainment and lifestyle television network in Nigeria, has launched a new programme, ‘Uwa Da Da’, aimed at improving maternal, newborn and child health and helping to reduce infant mortality across northern Nigeria.
Fearless Energy Drink Returns as Sponsor of Felabration 2026
Fearless Energy Drink, a brand of Rite Foods Limited, has returned as the official energy drink sponsor of Felabration 2026, reaffirming its commitment to promoting creativity, individuality and self-expression among young Nigerians.
Meta, Google and Other Tech Giants Join Global Crackdown on West African Scam Networks
Meta and 14 other leading technology companies have joined law enforcement agencies from 10 countries in a major operation to disrupt criminal scam networks operating in West Africa and targeting victims worldwide.
Monday, 12 October 2026
African Marketplace Dubai 2026 Opens to Boost African SMEs’ Global Export Opportunities
African Marketplace (AMP) Dubai 2026 has opened at Conrad Dubai with a call to turn Africa’s small and medium-sized enterprises (SMEs) into a global export powerhouse, highlighting the vast, largely untapped commercial potential of businesses that account for 90 per cent of the Afro-Caribbean productive sector.
Sunday, 11 October 2026
Global Advertising Spend to Hit $1.34 Trillion in 2026 Despite Consumer Caution, WARC Forecasts
Global advertising expenditure is forecast to grow by 11.9% to $1.34 trillion in 2026, despite mounting cost-of-living pressures and cautious consumer spending, according to the latest WARC Media Global Ad Spend Forecast.
SKOT Impact Academy Launches Third Cohort to Develop Africa’s Communications Talent
SKOT Impact Academy, the social impact learning programme of SKOT Communications for early-career public relations and communications professionals, has commenced its third six-week, intensive, tuition-free training programme on 10 October 2026.
NGX Loses N1.58trn as Investors Sell Off Stocks Ahead of Q3 Earnings
The Nigerian Exchange (NGX) recorded a N1.58 trillion week-on-week decline in market capitalisation as weak buying interest and renewed sell-offs in selected stocks weighed on equities ahead of third-quarter (Q3) earnings releases.
J.P. Morgan to Launch Merchant Bank in Nigeria Before End of 2026
Global financial services giant J.P. Morgan has announced plans to establish a dedicated merchant bank in Nigeria, with operations expected to begin before the end of 2026, subject to final regulatory approval.