BUSINESS UPDATES

Nigeria's ride-hailing space has a new challenger. LOOP Ride, a new mobility platform built as a direct replacement for Uber, has officially launched. The announcement was made today by the LOOP team

Sterling Bank has committed ₦60 million in prizes for the 2027 South East Mathematics & Science Olympiad, in a major boost for STEM education in Nigeria's South East region.

Seplat Energy Plc has repaid the final $100 million balance of the debt it incurred to acquire ExxonMobil’s Nigerian oil and gas assets, bringing all acquisition-related borrowing for the transaction to an end.

Fidelity Bank Plc has successfully redeemed its 5-Year US$400 million Senior Unsecured Notes at maturity, reaffirming its commitment to meeting its obligations to investors and reinforcing its track record in the international debt capital markets.

The United Kingdom has announced an increase in the financial requirements for international students applying for study visas, with applicants studying in London expected to demonstrate access to at least £14,130 in living expenses from November 30, 2026.

Customers of GTBank can add their GTBank debit cards to Google Wallet and pay with Google Pay online, in Nigeria and internationally. Businesses that use Squad, the payment gateway run by the Group's payments subsidiary HabariPay, can now offer Google Pay to their customers at checkout.

Radisson Safari Hoedspruit, a Verified Net Zero Hotel combines renewable electricity, electrified operations and lower-carbon guest experiences, supporting the Group’s ambition to reach 100 Verified Net Zero hotels by 2030

U.S. cybersecurity agency CISA has confirmed that hackers are now actively exploiting a pair of critical security vulnerabilities in the widely used PHP web software and has ordered civilian federal agencies within the U.S. government to fix their systems

Ford announced two new EV chargers today that will allow its forthcoming Fathom pickup truck to serve as a battery capable of delivering power to the home or grid.

After weeks of leaked S-1s, Anthropic finally filed for an initial public offering on Monday, setting the stage for one of the most closely watched public debuts in modern U.S. history.

A wave of the continent’s post-independence entrepreneurs are preparing to hand over their wealth to the next generations, facing the challenges of effective succession planning, diversification away from core operating businesses and multi-jurisdictional tax and legal considerations

Kaspersky (www.Kaspersky.co.za) experts have discovered a new cyber-attack vector via a widely used barcode scanner model that could expose e-commerce supply chains to cyberattacks.