News
Nigeria: NCC to issue two more 5G licences at $273.6m each
The Nigerian Communications Commission (NCC) says it is offering two slots in the 3.5 gigahertz (GHz) spectrum band for the deployment of the ...
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Nigeria: Moody’s downgrades Nigeria’s local and foreign currency ratings
Global rating agency, Moody’s has downgraded Nigeria’s local and foreign currency long-term issuer ratings as well as its foreign currency senior unsecured debt ...
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Nigeria: Polaris Bank gets new board, management after sale by CBN
Polaris Bank has named a new board and management a day after the Central Bank of Nigeria announced the sale of the lender ...
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Nigeria: CBN, NIBSS, set to introduce national card scheme
The Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, in conjunction with Bankers’ Committee will soon float a national ...
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Nigeria: CBN to review eNaira implementation one year after
The Central Bank of Nigeria has unveiled a programme of events to review and commemorate the first anniversary of the launch of Africa’s ...
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Nigeria: FG to Convert CBN Loans to Bonds over a 40-year Period
Dr. Zainab Ahmed, the Minister of Finance, Budget, and National Planning, claimed that she had been given permission to securitize the Ways and ...
Nigeria
Nigeria: LoadMoto Launches in Nigeria, Set to Disrupt Existing Ride Hailing Apps
LoadMoto Technologies Limited, an indigenous firm that is based in Lagos, has launched LoadMoto, a ride hailing and logistics app that combines ride ...
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Nigeria: CBN, AMCON announce sale of Polaris Bank
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase ...
Nigeria
Nigeria: Bumpa Raises $4 Million to Facilitate Production, Profitability for SMEs
Nigerian e-commerce startup, Bumpa, targeted at facilitating all-round-growth for SMEs, has raised $4 million in a seed round led by Base10 Partners, the ...
Nigeria
Nigeria: FG Reverses 10% Tariff Increases On Data, Voice Services
The Nigerian Communications (NCC) has ordered the reversal of the implementation of the newly approved 10% hike in tariff for voice and data ...