PRESS RELEASE – EUROBANK LIMITED

GDP Growth Accelerates in Q2 on Strong Consumption and Investment

Despite the deterioration in the global economic environment following the outbreak of the US-Iran war, the Cypriot economy remained resilient in Q2 2026, with GDP growth accelerating to 3.3%YoY, from 3.0%YoY in the previous quarter. This was the fourth-highest growth rate in the Euro Area. According to the expenditure breakdown, growth was primarily driven by household consumption (+5.4%YoY) and gross fixed capital formation (+9.4%YoY). The latter was supported mainly by a surge in investment in transport equipment (+151.9%YoY), while residential investment increased at a more moderate pace (+4.3%YoY). Household spending continued to benefit from favourable labour market conditions, with unemployment remaining close to record lows for this period of the year (3.6% in Q2 compared to 3.2% in Q2 2008), alongside robust consumer credit growth (+12.0%YoY) and strong wage dynamics (+3.9%YoY in hourly wage costs, the strongest increase in five quarters). Private consumption has traditionally been a key and stable driver of Cyprus’s economic growth, with the current contribution consistent with past expansionary periods.

Government consumption also contributed positively to growth, expanding by 4.5%YoY. Exports increased by 9.6%YoY, supported primarily by services exports. Nevertheless, the external surplus narrowed by 45.1%YoY, as imports rose by 12.9%YoY, largely reflecting the aforemantioned increase in transport-related investment. Thus, despite the strong performance of services exports, the external sector acted as a drag on GDP growth as the increase in imports more than offset the export contribution. On the production side, the acceleration in GDP growth was driven mainly by higher activity in wholesale and retail trade, ICT services, financial and insurance activities, and construction.

Contribution of GDP components to growth

Source: Cystat, Eurobank Research

Looking ahead, there are signs that economic momentum remained robust at the start of Q3 despite the ongoing geopolitical tensions in the Persian Gulf. On the investment side, real estate sales increased by 10.7%YoY in July-August, bringing the year-to-date growth rate to 13.7% and placing the market on track for a new all-time high. Strong demand is also evident in residential property prices, which rose by 8.5%YoY in Q2, lifting the residential property price index to a record high. This buoyant demand is being driven primarily by non-resident buyers, who accounted for 59% of the increase in property sales during January-August. As a result, construction activity is expected to remain strong to meet demand; during January-May, an expansion of 43.1% YoY was recorded in surface terms. In addition, transport equipment and intellectual property investment are expected to support capital formation during the remainder of 2026, through base effects.

Export performance has also proven more resilient than initially anticipated. The sharp decline in tourist arrivals recorded in March-April (-28.6%YoY) moderated significantly in June (-1.7%YoY) and July (-1.1%YoY), before widening only slightly in August (-3.3%YoY). As a result, tourist arrivals were down by 7.0% YoY during January-August, broadly in line with the 4.7%-5.8% decline projected in the previous Cyprus Insights newsletter. Under this scenario, tourism activity would remain above 2024 levels despite the challenging geopolitical environment. Real estate and intellectual property services are also expected to continue providing support to exports growth.

The outlook for household consumption remains subject to opposing forces. On the one hand, inflationary pressures re-emerged in August, with headline inflation accelerating to 5.2%YoY, from 4.4%YoY in July, largely driven by higher energy prices, despite the continued implementation of energy-related support measures. These developments increase uncertainty regarding the inflation outlook once such measures are gradually withdrawn. On the other hand, labour market conditions remain broadly supportive. As noted above, the unemployment rate remained close to historical lows in Q2 despite a 9.4%YoY increase in the number of registered unemployed persons. Encouragingly, unemployment declined relative to the previous quarter even though the labour force expanded by 1.6%QoQ, with non-residents accounting for 65.1% of the increase. This suggests that Cyprus continues to attract foreign workers, an important development given the persistent labour shortages that the country needs to tackle, reflected in the still-elevated job vacancy rate (2.6% in Q2 2026). Moreover, there are signs that labour market conditions improved further during Q3, as the annual increase in registered unemployment moderated to 6.5% in July-August.

Another indication of the resilience of Cyprus’s domestic fundamentals and favourable medium-term macroeconomic outlook is the recent sovereign rating upgrade by S and P to A from A-, accompanied by a positive outlook. According to the agency, the upgrade reflects the country’s continued external and fiscal deleveraging, which is underpinned by strong real economic growth.

2027: North-East records 13.9 million voters – INEC

The Chairman of the Independent National Electoral Commission (INEC), Prof. Joash Amupitan, has disclosed that the North-East zone accounts for 13,965,475 registered voters, representing 13.51 per cent of Nigeria’s total registered voter population of more than 103 million, as the commission completes its data-cleaning exercise following the conclusion of the Continuous Voter Registration (CVR) exercise.

Amupitan disclosed this while leading a readiness assessment visit to Gombe State as the commission intensified preparations for the 2027 general election.

The assessment brought together national commissioners, resident electoral commissioners from six North-East states and senior commission officials for an interactive session with field officers on their level of preparedness.

Speaking at the meeting, Amupitan said the visit was part of the commission’s deliberate strategy of engaging directly with electoral personnel across the country to assess operational readiness, identify gaps and strengthen preparations.

He noted that the nationwide assessment tour began in Lagos on September 7, 2026, covering the South-West, continued in Kaduna on September 28 for the North-West, and proceeded to Enugu on October 20 for the South-East before arriving in Gombe on October 26 for the North-East.

According to the INEC chairman, the exercise underscored the importance of direct engagement with officials responsible for implementing electoral plans at the grassroots.

‘The true integrity of an election is not determined in the air-conditioned conference rooms of Abuja; it is forged in the field,’ Amupitan said, stressing that electoral credibility depended on personnel preparedness, the functionality of operational facilities and effective coordination of election activities.

In his welcome address, the Resident Electoral Commissioner for Gombe State, Mukhtar Gajiram Umar, outlined the state’s electoral structure and the commission’s ongoing preparations.

Umar said Gombe had three senatorial districts, six federal constituencies, 24 state constituencies, 114 registration areas and 2,988 polling units.

He put the state’s registered voter population at 1,768,566 following the recently concluded CVR exercise, ahead of the completion of the Automated Biometric Identification System process.

He disclosed that, with the activation of the INECPRES portal, recruitment of ad hoc election personnel had commenced, while training for different categories of election officials was also underway.

Umar further disclosed that the ICT and Voter Registration Department had commenced preliminary technical checks on equipment and infrastructure required for the 2027 elections.

The activities, he explained, were designed to identify technical challenges, assess the condition of election equipment and ensure the availability and functionality of the necessary information and communication technology infrastructure before election day.

Addressing the security situation in the North-East, the INEC chairman said the safety of voters, election personnel and observers remained fundamental to the credibility of the electoral process.

He emphasised that effective election planning must be supported by adequate security arrangements, noting that INEC would continue to work with relevant security agencies through the Inter-Agency Consultative Committee on Election Security (ICCES).

Amupitan urged electoral officials to familiarise themselves with the Electoral Act 2026, the Regulations and Guidelines for the Conduct of Elections 2026, and relevant operational manuals.

He also charged staff to uphold neutrality and professionalism, resist political pressure, financial inducement, intimidation and ethnic bias, and ensure that all electoral activities were properly documented.

The Director of Planning and Monitoring, Helen Ajayi, said the zonal exercise was designed to determine the level of preparedness across states and identify operational challenges that could affect the successful conduct of the 2027 elections.

She explained that the engagement would also reinforce compliance with the commission’s Code of Conduct and ensure that personnel across the zone understood their responsibilities ahead of the polls.

During the session, directors and representatives of the Voter Education and Publicity, Voter Registry, ICT, Human Resources, and Election and Operations departments made presentations on their respective areas of responsibility.

Reps move to check EV, CNG vehicle imports, advocate transparent licensing framework

The House of Representatives, during Tuesday’s plenary, urged the Federal Government to establish a transparent, competitive, and non-discriminatory licensing and approval framework for the commercial importation of Electric Vehicles (EVs), Compressed Natural Gas (CNG) vehicles, and related clean mobility equipment.

The resolution followed the adoption of a motion sponsored by the Chairman of the House Committee on Public Assets, Hon. Ademorin Kuye, who commended the present administration’s commitment to policies promoting the transition to cleaner transportation technologies as part of its energy transition and economic diversification agenda.

In his lead debate, Hon. Kuye acknowledged the Federal Government’s efforts to encourage the adoption of Electric Vehicles, CNG-powered vehicles, Liquefied Petroleum Gas (LPG) vehicles, and other clean transportation technologies, noting that the policy direction could create opportunities for investment, technological advancement, and economic growth.

The lawmaker also recognized the fiscal incentives introduced by the Federal Government, including import duty concessions and tax reliefs aimed at encouraging investment in clean mobility technologies and improving access to the infrastructure required to support their adoption.

He, however, stressed the need to ensure that such incentives translate into tangible investments in charging infrastructure, CNG refueling stations, maintenance centres, spare parts supply chains, technical expertise, and after-sales support.

‘The House is convinced that Nigeria has the opportunity to encourage local investment, technology transfer, employment generation, and domestic value addition by linking import incentives to measurable investments in infrastructure and technical capacity,’ Kuye said.

Some lawmakers who spoke in support of the motion, including Hon. Stanley Adedeji, backed the need for a regulatory framework that would promote investment in clean transportation while ensuring that importers contribute to developing the country’s automotive industry and supporting infrastructure.

Consequently, the House urged the National Automotive Design and Development Council (NADDC), in collaboration with the Bureau of Public Procurement (BPP), Standards Organisation of Nigeria (SON), Nigeria Customs Service (NCS), and other relevant agencies, to develop objective qualification criteria for companies seeking approval to import EVs, CNG vehicles, and associated equipment.

The lawmakers further called on relevant regulatory agencies to ensure that import approvals are granted only to companies that satisfy clearly defined eligibility requirements. These include, where applicable, establishing certified service and maintenance centres in Nigeria, providing genuine spare parts and warranty support, and employing and training qualified Nigerian technical personnel.

Other requirements outlined by the House include investments in EV charging infrastructure and/or CNG refueling facilities, compliance with Nigerian safety, environmental, and technical standards, as well as the submission of consumer protection and after-sales service plans.

To strengthen accountability and public confidence, the House urged the NADDC to maintain a public register of approved importers and infrastructure providers, insisting that the approval process must remain open, competitive, transparent, and non-discriminatory.

The lawmakers maintained that no qualified company should be denied approval or subjected to undue preference once it has met the prescribed standards, adding that regulatory requirements should encourage healthy competition while protecting consumers and promoting sustainable investment in the sector.

The House also urged the Federal Government to align tax incentives, import duty concessions, and other fiscal benefits with compliance under the proposed regulatory framework, stressing that such incentives should support sustained investment in local infrastructure, technical capacity, and domestic value addition.

To ensure implementation, the House mandated its joint Committees on Industry, Commerce, Gas Resources, Environment, and Legislative Compliance to monitor compliance with the resolution and report back within four weeks for further legislative action.

Nosh vs Monica: Which is better for converting crypto to naira?

If you are looking for a better way to cash out the crypto in your wallet and get naira into your bank account, during your search you will probably come across two names: Nosh and Monica. Both apps have earned the trust of thousands of Nigerians over the years, letting Nigerians sell their cryptocurrencies like Bitcoin and USDT straight for naira. But they are not built the same way, and there are differences you might want to know before trading on either one.

In this guide, we will look at what each app offers, compare them feature by feature, and help you decide which one actually deserves a spot on your phone.

Nosh

Nosh is a tested and trusted Nigeria-focused crypto platform used by thousands of users. Nosh lets you skip trading through a P2P marketplace and handle conversions directly within the app. All you have to do is select the coin and the amount, then Nosh pays out the equivalent value in Naira within minutes. The app’s rate calculator shows exactly what you will get before you send anything, so no surprise hidden charges are involved.

Nosh’s crypto trading features

Nosh supports Bitcoin (BTC), Ethereum (ETH), USDT, USDC, Tron (TRX), Binance Coin (BNB), Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), Avalanche (AVAX), Bitcoin Cash (BCH), GRAM (TON), and XRP to Naira.

Nosh allows direct crypto conversion to Naira, Cedis, or USD

Nosh has a rate calculator that shows you how much you are getting: no hidden charges

Nosh pays instantly within minutes

Nosh offers 24/7 customer support

Monica

Monica is another Nigerian crypto platform. With Monica, just send your crypto to a provided Monica wallet address, and once the transaction is confirmed on-chain, the equivalent value in naira is credited to your linked bank account in under 60 seconds after confirmation, with 0% fees on both conversion and withdrawal; you only have to pay the network fee.

Monica’s crypto trading features

Monica supports Bitcoin (BTC), USDT (on TRC20, ERC20, BEP20 and Solana), USDC (on ERC20, Solana, BEP20 and Base), Ethereum (ETH, on ERC20 and Base), Solana (SOL), Tron (TRX), and Binance Coin (BNB, on BEP20).

Monica offers instant payout within 60 seconds after on-chain confirmation

Monica pays into 40+ Nigerian banks, including digital banks like OPay and Kuda

Monica provides a virtual USD Visa card funded from crypto or naira

Nosh vs Monica: Final Verdict

Monica gets the job done by converting your crypto to naira fast so that you can settle local bills without stress. But that’s also its ceiling; you are back to opening other apps for everything else.

Nosh covers that same crypto-to-naira conversion, but adds more. It supports more coins, operates in both Ghana and Nigeria, and handles both local and international bill payments. Choosing Nosh over Monica means losing nothing; you get the same crypto conversion plus much more, all in one app. If you are juggling multiple daily finance needs, this makes Nosh the stronger overall pick.

Frequently asked questions

What is the best app to convert crypto to Naira in Nigeria?

Nosh is the best app for converting crypto to naira in Nigeria. Beyond crypto-to-cash conversion, it offers a range of other financial services, making it a convenient, all-in-one app for managing your finances.

Does Monica offer zero-fee crypto to Naira transfers for Nigerians?

Yes, Monica offers 0% fees on crypto-to-naira conversions and withdrawals, so you keep the full value of your funds.

Can you cash out crypto for real money immediately?

Yes, with a platform like Nosh, you can convert your cryptocurrency to naira within just a few minutes. The process is straightforward: simply select the crypto you want to convert, confirm the transaction, and the naira equivalent is credited to you almost instantly, giving you quick access to cash whenever you need it.

Conclusion

Both Nosh and Monica can get your crypto converted to naira directly; no need for peer-to-peer trading. This makes both platforms fast and stress-free options for cashing out. Either one can get the job done if conversion is all you need.

But if you want an app that does more than just crypto conversion, Nosh is the better pick. It also handles both international and local bill payments, along with a range of other features, all from the same app, making it the more complete choice.

AI replaces climate change as top worldwide concern

Artificial intelligence (AI) and big data have overtaken climate change as the top risk among experts worldwide, underscoring growing concerns that technological development is advancing faster than regulators’ ability to prepare for its potential consequences, says French insurer Axa.

According to Axa Group’s Future Risks Report 2026, which was produced in partnership with Ipsos, AI and big data have for the first time become the top risk among experts globally, overtaking climate change, which has long held the leading position.

The 2026 edition is based on a survey of 4,345 experts across 62 countries and regions, and 24,000 representative members of the general public in 19 countries. Thailand participated in both the expert and general public surveys.

The findings for Thailand, however, revealed a different risk outlook from the global trend.

“While AI and big data emerged as the top risk worldwide, Thai experts continue to rank climate change as the country’s leading concern, reflecting the growing impact of floods, droughts and other extreme weather events. AI and Big Data ranked second, highlighting rising awareness of technology-related risks,” Axa said.

The survey also found that 67% of the Thai public feel personally prepared to deal with crises, such as natural disasters or economic upheaval, significantly higher than the global average of 38%, it added.

Among the global public, climate change remains the leading concern, while AI and big data rose sharply from seventh place in 2025 to second place in 2026, highlighting increasing public awareness of technology-related risks.

Other major global concerns are geopolitical instability, cyber-risks, energy risks, social tensions and movements, social fragmentation, financial stability risks, macroeconomic risks, and natural resources and biodiversity.

Energy risks are rising in the rankings amid geopolitical tensions, increasing demand, notably linked to AI, and the energy transition. At the same time, a new risk has emerged, with social fragmentation entering the top 10 for experts.

Moreover, the context of polycrises is confirmed, with over 90% of experts and members of the public believing that the number of crises has increased in recent years. “These risks are becoming increasingly interconnected, spanning climate, geopolitics, energy, cyberthreats and social fragmentation,” Axa said.

Globally, 59% of the general public feel that there is tension between different age groups, while 71% believe that raising children today is more difficult than it was for previous generations. Meanwhile, 46% are concerned that the next generation will experience a lower quality of life.

The findings also reveal differences in attitudes across age groups, with respondents under 35 more concerned about AI’s impact on employment and health, while those aged 55 and over focus more on technology ethics, geopolitical conflicts and energy stability.

Despite the challenges, 85% of experts and members of the general public worldwide believe that most risks can be prevented or mitigated through stronger preparedness, coordinated action and proactive prevention measures. The findings reinforce the importance of building resilience before crises occur, Axa said.

Why your data finishes quickly, MTN explains

MTN Nigeria has explained why many Nigerians use up their internet data faster than expected, blaming activities such as watching videos, automatic downloads, background applications and cloud backups.

Speaking at a forum tagged ‘Data on Trial’ in Abuja on Monday, held on the sidelines of the 32nd Nigerian Economic Summit, MTN Nigeria’s General Manager of Network Performance, Mike Ndukwe, said the amount of data people use depends largely on their online activities and phone settings.

‘We’re not stealing your data. However, we completely understand how it feels, especially right now, where every amount counts. But the honest answer is that data is not taken without an action, either your action or your phone,’ he said.

Ndukwe explained that applications such as TikTok, YouTube, Instagram and WhatsApp could consume large amounts of data, depending on how people use them.

He said WhatsApp text messages generally consume little data. However, watching status updates, downloading videos and receiving media files automatically in group chats could make subscribers use up their data bundles quickly.

Ndukwe advised users to switch off automatic downloads to reduce data consumption.

‘If your WhatsApp is set on auto-download, straight away it hits your data bundle. And that is where you can optimise some of your settings,’ he said.

He disclosed that WhatsApp had about 45 million users in Nigeria, while TikTok was among the platforms generating significant internet traffic.

The Northwest Sales Manager of Xiaomi Nigeria, Kevin Kojode, also identified automatic software updates, cloud backups, background applications and unrestricted hotspot connections as factors that could cause data to run out quickly.

‘Today, users don’t just go online, they stay online,’ Kojode said.

Using a one-gigabyte data subscription as an example, he explained that software updates, cloud backups and other activities running in the background could consume data even when users were not actively downloading files.

Kojode advised subscribers to set their phones to download software updates only when connected to Wi-Fi, monitor their data usage and restrict hotspot access to prevent others from using their subscriptions without their knowledge.

He also recommended reducing video quality and using phone features that allow users to set data limits and track consumption.

Kojode said understanding smartphone settings and managing applications properly could help Nigerians make their data subscriptions last longer.

He also recommended reducing video quality and using phone features that allow users to set data limits and track consumption.

Kojode said understanding smartphone settings and managing applications properly could help Nigerians make their data subscriptions last longer.

Significant increase of pound 697.1 mln in deposits, pound 857.8 mln in loans in September

Total deposits recorded a significant net increase of pound 697.1 million in September, compared to the previous month, while loans increased by pound 857.8 million, of which pound 470.8 million are loans to Cypriot residents.

According to the Central Bank of Cyprus, total deposits in September 2026 recorded a net increase of pound 697.1 million, compared with a net increase of pound 171.5 million in August 2026.

The annual growth rate of total deposits stood at 6.5%, remaining unchanged compared with August 2026. The outstanding amount of total deposits reached pound 60.2 billion in September 2026.

Deposits of Cyprus residents exhibited an increase of pound 639.9 million. Deposits of households and non-financial corporations increased by pound 93.8 million and pound 373.0 million respectively. Deposits of the remaining domestic sectors exhibited a total increase of pound 173.1 million.

Total loans in September 2026 recorded a net increase of pound 857.8 million, compared with a net increase of pound 114.6 million in August 2026. The annual growth rate of total loans stood at 14.0%, compared with 11.8% in August 2026. The outstanding amount of total loans reached pound 29.6 billion in September 2026.

Loans to Cyprus residents recorded an increase of pound 470.8 million. Loans to households and non-financial corporations increased by pound 52.2 million and pound 110.1 million respectively. Loans to the remaining domestic sectors had a total increase of pound 308.5 million, the Central Bank of Cyprus says.

Nyeri tops Kenya forest density amid conservancy, afforestation drives

Nyeri County has the highest forest cover density in Kenya, with nearly half of the devolved unit covered by trees, signalling the gains of public-private conservancy efforts and afforestation campaigns, especially around the Mt Kenya and the Aberdare range catchments.

New data by the Kenya National Bureau of Statistics (KNBS) shows that Nyeri had the highest forest cover relative to its size at 45.76 percent as of 2024, followed by Lamu (41.76 percent) and Elgeyo Marakwet (31.37 percent).

‘Significant growth was observed in Nandi (24.46 percent to 30.47 percent), Kakamega (16.35 percent to 20.05 percent), Migori (6.21 percent to 9.36 percent), Kisii (21.2 percent to 22.87 percent), and Makueni (8.74 percent to 10.53 percent),’ KNBS said in an analysis covering the period 2019 to 2024.

Nyeri County is host to conservancy campaigns by various groups including the Kenya Forestry Service, Greenbelt Movement, Nature Kenya, Mount Kenya Trust, and International Tree Foundation, which are keen on safeguarding the Aberdare Ranges and Mt Kenya water towers that serve users as far as Nairobi.

They serve as the primary headwaters for major river basins-including the Tana, Athi-Galana-Sabaki, Ewaso Ng’iro and Malewa rivers, and supply over 90 percent of Nairobi’s water via key reservoirs like the Ndakaini and Sasumua dams.

The forest density in Kiambu declined from 18.04 percent to 17.2 percent, Narok (15.9 percent to 15.13 percent), Murang’a (24.58 percent to 24.54 percent), Wajir (0.16 percent to 0.14 percent), Lamu (42 percent to 41.76 percent), and Elgeyo/Marakwet (31.66 percent to 31.37 percent), KNBS said.

Kenya recorded a net increase of approximately 124,003 hectares of forest cover across counties over the five years to 2024.

‘It was noted that there were good performers in terms of forest increase. Turkana registered the highest increase of +23,978 hectares (245,235 to 269,213 ha), followed by Nandi (+17,134 ha) and Makueni (+14,657 ha),’ the statistics office said.

‘Other notable gains include Kakamega (+11,184 ha), Migori (+8,236 ha), and Marsabit (+8,111 ha). Moderate increases were observed in Uasin Gishu (+6,257 ha), Nyeri (+5,759 ha), Nyandarua (+4,949 ha), and Tana River (+4,340 ha).’

Forest losses were, however, recorded in several counties, with Narok experiencing the largest decline of 13,800 hectares (285,122 to 271,322 ha). This was followed by Kiambu with a drop of 2,128 ha, Mandera (1,948 ha), Lamu (1,458 ha), Wajir (1,059 ha), and Elgeyo/Marakwet (889 ha).

Murang’a recorded a marginal decline of 120 hectares, while West Pokot remained stable at 56,323 hectares.

‘Forest dynamics in Kenya are largely determined by the interplay between afforestation and deforestation processes. Between 2019 and 2024, the country recorded an overall positive trend in forest cover, with a net increase of approximately 124,003 hectares,’ KNBS said.

‘This expansion is primarily attributable to cumulative afforestation of 342,427 hectares, which substantially exceeds total deforestation of 218,424 hectares. On an annual basis, this corresponds to an average of about 68,485 hectares afforested, compared to 43,685 hectares deforested, underscoring the dominant role of restoration efforts in driving net forest gains.’

WhatsApp privacy feature leaves businesses uneasy

John Mwithimbu says he did not deliberately set up a WhatsApp username. He checked for updates on the messaging platform and then discovered a username on his account.

As a director at Elivebuyind Solutions, he says the change raises concerns about how prospective customers can reach him, particularly when they do not already have his phone number.

‘It is hard for us business people not to have your number for the new clients who would want to reach out,’ he says.

Mr Mwithimbu says some people have contacted him through WhatsApp, but he hasn’t been able to get their numbers to call them outside the platform.

He is also concerned about verifying people’s identities when usernames replace phone numbers as the details displayed to unfamiliar contacts.

‘At least with a number you are sure of its authenticity. With usernames you cannot be sure, and one can have similar usernames,’ he says.

For him, the limitations outweigh the benefits when using WhatsApp for business.

Gideon Karisa also shares concerns about the accessibility of contacts who use usernames. He recalls urgently needing to reach someone but being unable to obtain their phone number because the person was offline.

‘I hate that WhatsApp username feature. I was urgently looking for someone’s contact, and they’d done that nonsense, and they were offline. I nearly cried in anger!’ he says.

Social media giant Meta rolled out usernames on its messaging platform WhatsApp recently, which it says was a ‘major privacy feature’ designed to help people stay connected without giving away phone numbers.

However, critics say that the feature may materially increase online fraud, phishing, digital arrest scams and impersonation attacks, by enabling bad actors to solicit and message victims.

Now Kenyan business people say the WhatsApp usernames are jeopardising their online businesses.

Mr Karisa says phone numbers remain important for businesses that rely on direct communication with customers.

‘I think Meta rushed. They never gave a second thought to businesses and SMEs, especially in this region where a phone number means a lot. Apart from being an identity, it’s everything: business, transactions, availability,’ he says.

Jeff Mwaniki also raises concerns about impersonation and the implications for people who use WhatsApp commercially.

‘By the way, that thing was bad. People would impersonate you. If you are in business, people can’t call you,’ he says.

Mary Wanja similarly warns about the possibility of lookalike accounts misleading users. She also recounts losing access to her WhatsApp account in May before regaining it.

However, her belief that setting a username contributed to the incident has not been independently verified.

According to WhatsApp, usernames are an optional feature being rolled out gradually. They allow users to create unique identifiers and communicate without necessarily disclosing their telephone numbers to people who do not already have them saved.

When a user sets up a username, people who do not have their number saved will generally see the username instead. Those who already have the number saved will continue to see it.

WhatsApp says users can change or delete their usernames at any time. Deleting one allows other users to see the account holder’s phone number again, subject to the platform’s contact-display rules.

A phone number is still required to maintain a WhatsApp account. The username provides an alternative way to initiate a conversation on the platform, rather than replacing the number associated with the account.

The feature also does not provide a searchable directory of usernames. Someone who wants to contact another user through a username needs to know the exact identifier or receive a link or QR code directing them to the account.

A person who knows only someone’s username may be able to start a WhatsApp conversation but will not necessarily have the telephone number required to call them through the conventional mobile network.

For businesses, the choice of whether to use a username depends partly on how customers find them and if the contacts are available on other platforms.

Popular Islamic cleric, associate shot dead in Katsina as Ansaru claims responsibility

Gunmen have shot dead prominent Islamic cleric Sheikh Yahaya Masusuka and his associate, Adamu Abubakar, outside the cleric’s residence in Dutsin-Ma Local Government Area of Katsina State.

Jihadist group Ansaru has subsequently claiming responsibility for the attack.

The killing occurred on Monday evening when two armed men riding on a motorcycle opened fire on the victims at the entrance to Masusuka’s residence before fleeing, according to the Katsina State Police Command.

The victims were rushed to a nearby hospital for emergency treatment but were later pronounced dead, the police said.

The command said it had launched an investigation and deployed tactical and operational teams to track down the assailants. No arrests had been announced as of the time of filing this report.

The group Jama’atu Ansarul Muslimina Fi Biladis Sudan, popularly known as Ansaru, claimed responsibility in a four-minute video obtained by Premium Times on Tuesday.

In the video, the group accused Masusuka of promoting peaceful coexistence among people of different faiths and challenging its extremist ideology.

Ansaru described the cleric as an arnai, a term it used to label him an infidel, and alleged that he was involved in efforts to disrupt Islam and confuse Muslims.

The group also claimed Masusuka had been invited to participate in a mukabala, or religious debate, but declined. It issued threats against others it accused of belittling the Hadiths, the recorded sayings and traditions of Prophet Muhammad.

Masusuka was known for his Quran-centred teachings and advocacy for peaceful coexistence among Nigerians of different faiths. He had also spoken against violent extremism and radicalisation.

The cleric had previously attracted controversy over his religious teachings. On November 18, 2025, the Katsina State Government announced that he would be required to defend his teachings before a committee of Islamic scholars. However, there is no independently established evidence linking that earlier controversy to his killing.

Masusuka was reportedly preparing to organise a religious gathering in Katsina State later this week.

Amnesty International condemned the killing and called on Nigerian authorities to investigate the attack thoroughly and bring those responsible to justice. The organisation also said the cleric had faced threats and intimidation during his lifetime.