News
Nigeria: SEC to Give Capital Market Participants ‘ID’ to Curb Fraud
The Securities and Exchange Commission (SEC), says capital market participants are to be given unique identifiers to curb issues of fraud in the ...
News
Nigeria’s Broadband Subscriptions Exceed 81 million; 42% Penetration in April 2022
The latest telecommunications industry statistics released by the Nigerian Communications Commission (NCC) shows that the country’s broadband subscriptions exceeded 81 million as at ...
Nigeria
Nigeria: Nigerian startup, Humansquad raises ‘six figure’ pre-seed funding
HumanSquad, a Nigerian startup automating immigration requests and processes, has raised an undisclosed amount in pre-seed funding. Co-founder and CEO of the company, ...
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 ...
News
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 ...
News
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. ...
News
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 ...
News
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 ...