Nigeria banking liquidity surges 89% to ₦8.06tn in March despite CBN cash mop-up drive

Nigeria’s banking system liquidity surged to ₦8.06 trillion in March 2026, marking an 89.2 per cent increase from ₦4.26 trillion recorded in February, despite aggressive efforts by the Central Bank of Nigeria (CBN) to curb inflation and stabilise the naira by mopping up excess cash.

Meta and YouTube ordered to pay $6m in landmark social media addiction case

A Los Angeles jury has found Meta Platforms Inc. and YouTube liable in a landmark lawsuit examining the impact of social media on young users, awarding $6 million in combined punitive and compensatory damages to the plaintiffs.

Afreximbank launches first accelerator cohort to boost Africa’s digital trade ecosystem

The African Export-Import Bank (Afreximbank) has launched the inaugural cohort of its Afreximbank Accelerator Programme, bringing together eight high-potential startups from across Africa and the diaspora for an intensive kick-off week in Cairo from 23 to 27 March 2026.

Global ad spend forecast at risk as Gulf crisis threatens $94bn growth, WARC warns

A prolonged Gulf crisis could wipe out as much as $93.9bn in global advertising growth over the next two years, according to new research from WARC, highlighting mounting risks to the global ad market despite strong short-term gains.

Opportunity Africa launches Creative Council to reshape global perception of the continent

Africa’s leading voices in communications, media and marketing have come together under a new pan-African initiative aimed at redefining how the continent is viewed globally.

Orange opens applications for 2026 Social Venture Prize to back African and Middle East startups

Orange has launched the 16th edition of its Orange Social Ventures Prize in the Middle East and Africa (OSVP), aimed at supporting innovative entrepreneurship and high-impact projects across the region.

BFA Global and FSD Africa award $273,000 to scale four East African climate ventures

BFA Global and FSD Africa have announced $273,000 in follow-on funding and venture-building support for four early-stage alumni of the Triggering Exponential Climate Action (TECA) programme.

Cascador appoints Oyin Solebo as COO to accelerate scale and operational excellence across Africa

Cascador has appointed Oyin Solebo as Chief Operating Officer, signalling a strategic push to strengthen the systems, discipline, and infrastructure needed to scale high-growth companies across Africa.

Netflix appoints OnPoint PR as publicity partner to drive growth in Sub-Saharan Africa

Netflix has appointed OnPoint PR as its publicity agency partner for Sub-Saharan Africa, with a focus on South Africa, following a competitive multi-agency pitch process.

AFCON 2025 title thrown into uncertainty as CAS freezes CAF decision on Senegal

African football has been plunged into fresh uncertainty after the Court of Arbitration for Sport (CAS) issued a provisional “freeze” on the Confederation of African Football’s (CAF) decision to strip Senegal of the 2025 Africa Cup of Nations (AFCON) title and award it to Morocco.

Zenith Bank appoints Kennedy Okwudili as Executive Director

Zenith Bank Plc has announced the appointment of Mr. Kennedy Onuwa Okwudili as an Executive Director of the bank, effective 1 May 2026, in a move aimed at strengthening its leadership team.

Nigeria floats N1.05tn treasury bills as liquidity glut fuels investor demand

The Central Bank of Nigeria (CBN), acting on behalf of the Debt Management Office, has opened subscriptions for N1.05 trillion in Treasury Bills across three maturities, as investors position to capture higher yields amid easing inflation and improving real returns.

MTN axes Ayoba as telecom giant pivots to single digital platform strategy

MTN Group has begun winding down its Ayoba super app across several African markets, including South Africa, Kenya, Egypt, Mali, Tanzania, Burkina Faso and Botswana, as part of a broader shift towards a unified digital ecosystem.