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World

Editorial: Checking Arbitrary Charging Of Transport Fares Must Go Beyond Crackdowns

The Accra Metropolitan Assembly (AMA) has intensified efforts to protect commuters from arbitrary increases in public transport fares by deploying additional task force personnel to the Central…

  • AMA intensifies presence in Central Business District to curb fare hikes.
  • Nungua-Accra route fares skyrocketed to GH¢20 from usual GH¢6 in July.
  • AMA aims for balanced transport system with clear fare charts and sanctions.

Business

Lighting Up Africa: Genesis Energy on Building Africa’s Industrial Future Beyond Capital

Oluchi Chibuzor Africa’s energy story is entering a pivotal chapter. The question is no longer whether the continent has the resources or ambition to industrialise, but whether it can build

  • Genesis Energy hosted boardroom at Africa Energy Forum 2026 in Cape Town.
  • Company focuses on financing Africa's gas infrastructure deficit.
  • 84MW gas-fired IPP in Nigeria replaces diesel with cleaner locally processed gas.

Tech

RockPay Targets Digital Payments through Social Finance

Finacial technology company, RockPay, has launched its digital finance platform in the country, offering users a single platform for making payments, growing businesses and raising funds for personal…

  • RockPay launches digital finance platform in Nigeria
  • Platform offers payments, business growth, fundraising tools
  • Founder Francis Osaji emphasizes social, financial integration

Finance & Markets

Foremost Capital Secures Investment Grade Rating of BBB+

DataPro, a leading credit rating agency and compliance consulting firm in Nigeria, has rated Foremost Capital Limited with BBB+ in its assessment of the company’s key performance indices, marking a

  • Foremost Capital Limited receives BBB+ investment grade rating from DataPro.
  • Company's assets under management grow 250% from July to December 2025.
  • CEO Emmanuel Akehomen highlights rating as milestone for growth and value delivery.

Business

Memory Crunch Forces Nvidia to Raise Server Prices, Boosting Samsung and SK hynix

Nvidia, the dominant force in the artificial intelligence chip market, is expanding beyond hardware into software while passing soaring memory chip costs on to customers through higher prices.

  • Nvidia raises server prices 15% due to memory chip shortage
  • Samsung and SK hynix benefit from increased memory demand
  • Nvidia invests $6B in AI startup Poolside to boost AI capabilities
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