News
Nigeria: MTN Boosts Stock Market Amid 50% Telecom Tariff Hike
MTN Nigeria Plc played a pivotal role in lifting the Nigerian stock market, as its shares contributed significantly to a 0.8% rise in ...
Fintech
Nigeria: Waza Launches Lync to Empower African Startups with Seamless Cross-Border Payment Solutions
Waza, a Y Combinator-backed B2B payments startup, is leveraging its $8 million funding to launch Lync, a groundbreaking banking product aimed at transforming ...
Fintech
Nigeria: PiggyVest Disburses ₦835 Billion to Users in 2024, Gears Up for a Major 2025 with Budgeting Tools
PiggyVest, a leading Nigerian fintech platform, celebrated a standout year in 2024, cementing its position as a dominant force in the digital savings ...
Nigeria
Nigeria: CBN to Accelerate Reforms in 2025, Aiming for a $1 Trillion Economy
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to further advancing reforms in critical areas ...
Nigeria
Nigeria: BVN Enrollments Increase by 2.1% to Reach 64.8 Million — NIBSS
The number of Bank Verification Number (BVN) enrollments in Nigeria has seen a 2.1% increase, rising by 1.33 million to reach 64.8 million ...
Nigeria
Nigeria: FG Aims to Boost ICT Contribution to GDP to 21%
The Federal Government of Nigeria has announced plans to increase the Information and Communications Technology (ICT) sector’s contribution to the nation’s Gross Domestic ...
Nigeria
Nigeria: Naira Strengthens as Foreign Currency Demand Eases
The naira appreciated in the foreign exchange (FX) market as demand for the US dollar waned, bolstered by the Central Bank of Nigeria’s ...
Nigeria
Nigeria: NCC Approves Tariff Adjustments for Telecom Operators
The Nigerian Communications Commission (NCC) has announced its approval of tariff adjustment requests by network operators, leveraging its regulatory authority under Section 108 ...
Nigeria
MTN Nigeria Secures N42.2 Billion in New Capital
MTN Nigeria Communications Plc has successfully raised N42.2 billion in debt capital through the issuance of commercial papers (CPs) under its N250 billion ...
Nigeria
Nigeria: SEC Warns Capital Market Operators of Penalties for Non-Renewal of Registration
The Securities and Exchange Commission (SEC) has issued a stern warning to capital market operators (CMOs) to renew their registration for 2025 by ...