ALO360

UNECA Urges Africa to Borrow More to Fund AI Future

The United Nations Economic Commission for Africa UNECA has called on African governments to increase borrowing and strengthen domestic revenue to fund critical artificial intelligence (AI) infrastructure, warning that the continent risks falling behind in the global digital race. Africa’s AI Gap Raises Urgency According to UNECA, Africa currently accounts for less than 1% of…

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Nigeria’s BVN Hits 68.6 Million as More Bank Users Join System

Nigeria’s financial inclusion drive has recorded another milestone as the country’s Bank Verification Number (BVN) database climbed to 68.6 million in March 2026, reflecting a steady rise in the number of Nigerians linking their bank accounts. Growth Driven by Digital Banking Push The latest figures, released by the Nigeria Inter-Bank Settlement System, show continued expansion…

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Dismissed Soldier’s Viral Confession Exposes Harsh Realities Inside Nigerian Army

A former member of the Nigerian Army has sparked nationwide debate after a viral video revealed alleged hardships faced by soldiers, including low pay, poor welfare, and personal spending on essential gear. “We Bought Our Own Gear” — Ex-Soldier Speaks Out The dismissed soldier, who recently gained attention for urging politicians to allow their children…

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Residents of Umuahia, Abia State, are groaning under “crazy” electricity bills

Residents of Umuahia, the capital of Abia State, are raising alarm over skyrocketing electricity bills, with many claiming they now pay as much—or even more—for power than for house rent. Bills Soar Despite Poor Power Supply Frustration has grown across the city as households report dramatic increases in monthly electricity costs. Residents who paid between…

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Dangote, NGX Push Cross-Border Listings to Unite African Stock Markets

Africa’s capital markets may be heading for a major transformation as Aliko Dangote and the Nigerian Exchange Group (NGX) lead high-level talks to deepen cross-border listings and integrate stock exchanges across the continent. African Exchanges Move Toward Integration The strategic meeting, held in Lagos on April 1, brought together key players under the African Securities…

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FG Deploys ₦9bn Solar Mini-Grids to Power Rural Communities

Nigeria is ramping up efforts to close its electricity gap as the Rural Electrification Agency (REA) releases ₦9 billion to accelerate solar mini-grid projects across underserved communities. Solar Push Targets Four States The funding will support the rollout of mini-grid systems in Taraba, Kogi, Kwara, and Niger States. Bringing reliable electricity to areas largely excluded…

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Why I’m reconsidering joining politics, by Davido

Grammy-nominated singer Davido has shared that he is rethinking his plans to enter politics. He expressed concerns about the difficulties celebrities face when transitioning into political roles. During a recent Twitch livestream with streamer Davrel, Davido explained that his thriving entertainment career and legacy have made him hesitant about stepping into the political world. He…

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