NEWS & UPDATES

Nigeria’s fintech and financial services sector runs on data—but too often, that data is fragmented, noisy, or trapped in silos. You’re processing thousands (or millions) of transactions, onboarding customers, managing risk, and reporting to regulators, yet still debating basic questions: Which products are really profitable? Which customers are actually churning? Where is fraud quietly leaking value?

Most businesses know they should be data-driven—but very few have a clear, reliable view of the numbers that actually matter. That’s why AMI is offering a free data audit to help you understand where your data strategy stands today and what it will take to compete tomorrow.

Your company’s data strategy probably looks a lot like that meme: a giant elephant (all your ambitions, AI plans, and reporting needs) delicately balancing on a beach ball… that’s being held up by a couple of very tired ants. In real life, those “ants” are usually a single data person who quietly keeps the whole thing from collapsing. In many organisations, that one person has built custom data pipelines, automated dozens of Excel workflows, stitched together APIs, and spun u

Boeing’s agreement with the Nigerian government to build a state-of-the-art aircraft maintenance, repair and overhaul (MRO) facility marks a structural shift in the country’s aviation economics. Today, Nigerian airlines routinely ferry aircraft abroad for heavy checks, incurring high FX costs, long ground times and operational disruptions. Localising this activity has the potential to convert a persistent outflow of value into a domestic industrial base.

Nigeria’s banking sector is moving into a new earnings phase as the once-lucrative foreign-exchange revaluation gains from the 2023–24 naira devaluations roll off. In those years, banks booked record profits as the weaker currency boosted the value of their foreign-currency assets.

Nigeria’s airline ticket taxes generated an estimated $62 million in 2024, a modest slice of the $1.97 billion collected across Africa and just a fraction of the $60.3 billion in ticket-tax revenue worldwide.

Aliko Dangote’s call for African entrepreneurs to prioritise investing on the continent is more than a patriotic soundbite; it is a pointed reminder about who sets the tone for capital allocation in Africa. Speaking at the Imo State Economic Summit 2025, he linked his message directly to Nigeria’s current reform moment, praising President Bola Tinubu’s economic policies as already yielding results.

The naira’s recent move to strengthen slightly in the unofficial (parallel) market – edging from around ₦1,500/$ to about ₦1,495/$ – has drawn attention not because the currency is suddenly “strong”, but because it is holding a key psychological line instead of sliding further.

When you search for data on the African market, you often find outdated data, inconsistent information or nothing at all.  It begs the question: how can businesses, policymakers, and investors find reliable market data to make strategic decisions?  The value of data for organizations is not just an item in a list of ‘nice to have’ to succeed, it is a must-have, dare I say the main ingredient for success.  That is why business leaders attempt to collect data but meet various c

If you’re a founder, investor, or operator in Africa, start here.

If you’ve ever asked “can we enter this market in 90 days?” or “what pricing actually works here?”—this is for you. AMI Deep Dives turn messy, fragmented signals into a clear plan you can execute next week.

If you’ve ever tried to validate a partner, benchmark a competitor, or size a market across several African countries, you know the drill: twenty tabs open, conflicting numbers, and hours lost stitching it all together. Afric Market Intelligence (AMI) was built to end that chaos.