Africa
Africa: MTN Group Completes Guinea Exit, Transfers Operations to Local Ownership
MTN Group has finalized its exit from the Guinea market, transferring operations to the State of Guinea in a transaction completed on December ...
Nigeria
Nigeria: Telecoms Propose 100% Tariff Increase
Nigerian telecommunications companies have proposed a 100 percent increase in tariffs, pending government approval. The proposal, submitted to the Nigerian Communications Commission (NCC), ...
Nigeria
Nigeria to Launch National Credit Guarantee Company to Expand Economic Opportunities
Nigeria is set to establish a National Credit Guarantee Company in May 2025 to bolster lending opportunities for businesses and individuals, President Bola ...
Nigeria
Nigeria: Liquidity Crunch Triggers 261% Rise in Banks’ Borrowings from CBN
In a stark reflection of liquidity challenges within Nigeria’s interbank money market, borrowing by banks from the Central Bank of Nigeria (CBN) surged ...
Nigeria
Nigeria: FG to Launch National Credit Guarantee Company to Boost Financial Inclusion
The Federal Government has announced plans to establish the National Credit Guarantee Company (NCGC), a strategic initiative aimed at enhancing financial inclusion and ...
Nigeria
Nigeria: FG Implements 2024 Withholding Tax Regulations to Modernize Tax System
The Federal Government has officially commenced the implementation of the 2024 Withholding Tax Regulations, marking a significant step towards modernizing Nigeria’s tax framework. ...
News
Nigeria: ATCON Calls for Urgent Review of Telecommunication Tariffs
The Association of Telecommunications Companies of Nigeria (ATCON) has renewed its call for the telecommunications industry regulators to prioritize a review and potential ...
Nigeria
Nigeria: Finance Ministry Inaugurates Anti-Corruption Unit Committee
The Federal Ministry of Finance has officially inaugurated its Anti-Corruption and Transparency Unit (ACTU) Committee to strengthen transparency and accountability within the public ...
Nigeria
Global: Starlink to Launch Direct-to-Cell Services in Ukraine
Ukraine’s largest mobile operator, Kyivstar, has entered into a partnership with Elon Musk’s Starlink to introduce direct-to-cell satellite connectivity. This development was announced ...
Nigeria
Nigeria: CBN, SEC Approve FCMB Group’s ₦147bn Rights Offer
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have granted approval for FCMB Group’s ₦147 billion rights offer, ...