News
Nigeria: Titan Trust Bank Completes 89.39% Equity Acquisition in Union Bank
Titan Trust Bank Limited (TTB) has completed the acquisition of majority equity stake of 89.39% in Union Bank of Nigeria (UBN) Plc, effectively becoming ...
News
Nigeria: GTCO Gets Approval for HabariPay to Commence Operation
Guaranty Trust Holding Company (GTCO Plc) said it has obtained approval for the operation of its payment subsidiary, Habari, from the Central Bank ...
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Nigeria: NCC, stakeholders chart new path to effective telecoms regulation, industry growth
The Nigerian Communications Commission (NCC), alongside industry stakeholders, has charted a new path to effective telecoms regulation and industry growth in Nigeria. At ...
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Nigeria: CBN Sets Fresh Rules for NIBSS Instant Payments, Others
The Central Bank of Nigeria (CBN) has reviewed upwards, the operations of the Nigeria Inter-Bank Settlement System (NIBSS) and other electronic payment operations. ...
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Nigeria: ZirooPay taps into Africa’s $500b retail market with mobile POS technology
As part of its long-term strategic growth plan, Nigeria’s retail Point-of-Sale solution provider, ZirooPay, will leverage its recent funding round to tap into ...
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Nigeria: Africa Data Centres scoops carrier neutral data centre of the year award
Africa Data Centres, a business of Cassava Technologies, has been named ‘Carrier Neutral Data Centre of the Year’ at this year’s Beacon of ...
Nigeria
Nigeria: DriveMe Raises Undisclosed Amount of Funding to Scale Product Development
Nigerian mobility tech company, DriveMe, has raised pre-seed funding round. Investors in the round included Niche Capital, FM Capital, and a few local ...
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Nigeria: ‘81 % of Nigerians lack meaningful internet connectivity’
Only 12.1 per cent of the Nigerian population currently enjoys Internet services (Meaningful Connectivity) quality in the country. This is according to an ...
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Nigeria: FIRS to Begin Recovery of Unremitted Tax Deductions by States, Local Govts
The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and recovery of unremitted tax deductions owed ...
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Nigeria: CBN Tightens Monitoring of Discos’ Utilisation of Intervention Funds
The Central Bank of Nigeria (CBN) has embarked on a tour of the power Distribution Companies (Discos) to monitor and evaluate how the ...