Innovation
Nigeria: MTN, Mafab win 3.5GHz Spectrum Auction for 5G . NCC rakes in $546m
MTN Nigeria and Mafab Communications have been declared winners of the two slots of the 3.5GHz spectrum auction for the Fifth Generation (5G) network ...
News
Nigeria: Stanbic IBTC launches business-specific loans for SMEs
Stanbic IBTC Bank Plc has launched a business-specific facility to assist Small and Medium-scale Enterprises (SMEs) meet up with the expected surge in patronage ...
News
Nigeria: FirstBank Launches Transact and Win Promo
Users of Firstmonie Wallet, the mobile-friendly wallet application by FirstBank are in for an exciting time as they are being rewarded for their ...
News
Nigeria: Banks’ credit to economy hits N23.5tn, says CBN
Banks’ gross credit to the Nigerian economy rose to N23.5tn in November this year, according to figures obtained from the Central Bank of Nigeria. ...
Intelligence
Nigeria: PenCom says 10 out of 22 PFAs met N5 billion regulatory requirement
The National Pension Commission, PenCom, has said that 10 out of 22 PFAs in Nigeria have met the N5 billion requirement by the ...
Innovation
Nigeria: Savings platform, Digikolo relaunches app to deepen financial inclusion
One year after its initial launch, Digikolo, a savings platform driven by Digital Space Capital that aims at encouraging a proper savings culture ...
News
Nigeria: FCMB, Proparco sign $35m funding deal for SMEs, renewable energy
First City Monument Bank (FCMB), has signed a $35 million loan and an Euro portfolio guarantee of N5 billion (EUR 10 million equivalent) deal ...
Intelligence
Nigeria: 63.97 million telephone lines disconnected amid SIM–NIN linkage – NCC
A total of 63.97 million lines were disconnected in one year amid the National Identity Number-Subscriber Identity Module data verification, data obtained from ...
News
Nigeria: CBN says N188 million worth of transactions done on the eNaira platform
The Central Bank of Nigeria (CBN) says it has recorded over 34,000 transactions on the eNaira platform, amounting to over N188 million. This ...
Intelligence
Nigeria: NDIC pays N11bn to over 500,000 depositors of liquidated banks
The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has explained that the Corporation has paid a cumulative of N101.76 billion ...