The World Bank has approved a $750 million International Development Association (IDA) credit to the Nigeria State Action on Business Enabling Reforms (SABER) Program-for-Results to help Nigeria accelerate the implementation …
MTN South Africa has launched a request for proposal (RFP) which will see the MTN Headquarters becoming a completely “green” office. The operator, whose head office is located on the MTN …
South Africa’s data-only network provider Rain has tabled a formal nonbinding proposal to merge with mobile and fixed-line operator Telkom. Rain’s public expression of interest in a merger in August …
Chairman of Heirs Holdings, Mr Tony Elumelu, has proposed N50 million as capital base for insurance broking firms operating in Nigeria. Elumelu, who is also founder, Tony Elumelu Foundation, said …
The Association of Licensed Telecommunications Operators of Nigeria says banks’ Unstructured Supplementary Service Data (USSD) debt has increased to N80 billion from N42 billion reported in 2021. The President of …
The US Customs and Border Protection agency says it has seized a large quantity of deadly fentanyl in a shipment from South Africa it detained on 21 September. In total, the fentanyl …
Employees of troubled South African power company Eskom have been awarded a further 1.5% wage increase, backdated to July 2021. The Commission for Conciliation, Mediation and Arbitration (CCMA) ruled on Thursday (29 …
African Export-Import Bank (Afreximbank) today announced the commercial launch of Afreximbank Trade Payment Services also known as “AfPAY” to facilitate international trade between African financial institutions and their clients. The …
Chipper Cash, an African cross-border payments company, has received authorization from the Bank of Ghana (BoG) to provide remittance services from the United States of America to the country. The …
National Treasury has banned global consultancy firm Bain & Co. from tendering for public sector contracts for a period of 10 years, citing fraud. “The effective date of restriction is …
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