News
Nigerian telecoms attract only $417.48 million in investments, 55.7% drop in 2020 – NCC
The Nigerian Telecom industry attracted Foreign Direct Investment (FDI) worth over $417.48 million in 2020, down from over N942.86 million in 2019. This ...
News
NIGERIA : FCMB GROUP REPORTS N94.2BN REVENUE
FCMB Group Plc has reported gross revenue of N94.2 billion and Profit Before Tax (PBT) of N8.9bn in the first half of 2021. ...
News
Nigeria: First Bank earns N28 billion from electronic banking fees
First Bank of Nigeria Holdings Plc has generated a total revenue of about N28 billion from electronic transactions in the first half of ...
News
MTN appoints Thrive Agric’s CEO, Adia Sowho as its first female CMO
Nigerian Telecommunications giant, MTN has announced the appointment of Thrive Agric’s interim Chief Executive Officer, Adia Sowho as its first female Chief Marketing Officer (CMO). ...
Nigeria
Nigeria: NCC makes clarifications on ‘renewal’ of MTN license
The Nigerian Communications Commission, NCC, has debunked reports that it has renewed MTN Unified Access and Service (UASL) License for another ten years. ...
Nigeria
Nigerian SME lending platform, Payhippo, enters Y Combinator’s Summer 2021 batch
Nigeria-based lending and business financing platform, Payhippo, has been accepted into Y Combinator’s Summer 2021 cohort, joining 167 startups, four of which are African. ...
News
CBN reassures Nigerians of smooth FX supply
The Central Bank of Nigeria has informed the public that it has put in place monitoring measures to guarantee that deposit money banks ...
Nigeria
Nigeria: BDCs -With one stone Emefiele has shot at corruption, money laundering, terrorism
In a bid to streamline the nation’s forex market and bring sanity in the foreign exchange system, the regulatory watchdog of Nigeria’s monetary ...
News
MTN Nigeria loses 7.6m subscribers to regulatory directive
MTN Nigeria Communications Plc (MTN Nigeria) mobile subscribers declined by 7.6 million to 68.9 million, impacted by the regulatory restrictions on new subscriber ...
Nigeria
Nigeria: NCC Sets Fresh Operational Fees, Spectrum Prices for Telecom Operators
The Nigerian Communications Commission has set up an annual operating regulatory levy to ensure that all licensees are properly and equitably assessed to ...