Investors in MTN Nigeria Communications Plc have recorded massive profits after the company’s share price rose sharply on the Nigerian Exchange (NGX), pushing its market value up by about N3 …
Telecommunications
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EconomyFinance & ServicesINVESTMENTMarketsMobile Telecommunications Network (MTN)NewsNigeriaTelecommunications
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Business and EconomyDevelopmentInternational RelationsINVESTMENTPoliticsTechnologyTelecommunications
Starlink Launches in Lesotho Amid US Economic Pressure
Satellite internet service Starlink, owned by billionaire entrepreneur Elon Musk, officially launched in Lesotho on Monday under the local brand T-Connect Lesotho. This move comes at a time when the …
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BusinessEconomyGOVERNMENTTelecommunicationsTOGOWestern Africa
Togo’s Tax Revenue Hits CFA258 Billion in Q1 2025, Boosted by Telecoms Levy and Corporate Tax Growth
The Togolese Revenue Office (OTR) has announced that it collected a total of 258.06 billion CFA francs in tax revenue during the first quarter of 2025. This figure represents a …
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BusinessDigital EconomyFintechTelecommunications
PalmPay and Glo Launch Second “Recharge and Win Bonanza”
PalmPay, a leading fintech platform in Nigeria, has joined forces with telecom giant Globacom to launch the second edition of the popular “Recharge and Win Bonanza” promo. The campaign, which …
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Banking, Finance & InvestmentDigital EconomyFinance & ServicesTechnologyTelecommunications
Banks Settle USSD Debts as Telcos Prepare to Start Deducting Charges from Airtime
Thirteen Nigerian commercial banks have finished paying their outstanding Unstructured Supplementary Service Data (USSD) debts to mobile network operators (MNOs). The remaining three banks have paid more than 95 percent …
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Banking, Finance & InvestmentFinance & ServicesNigeriaPoliciesTechnologyTelecommunications
GTBank Begins Deducting N6.98 USSD Fee from Airtime
Guaranty Trust Bank (GTBank) has officially started using a new billing system for its Unstructured Supplementary Service Data (USSD) banking transactions. Starting today, Wednesday, June 18, 2025, the N6.98 USSD …
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InfrastructureTechnologyTelecommunicationsZIMBABWE
Econet Wireless Zimbabwe Apologises for Major Data Network Outage, Assures Customers of Full Service Restoration
Harare, Zimbabwe – Econet Wireless Zimbabwe, the country’s leading telecommunications and technology company, has issued a formal apology to its customers, partners, and stakeholders after a widespread network disruption affected …
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BusinessFinance & ServicesFintechSales StrategyTelecommunicationsUGANDA
MTN Uganda to Split Mobile Money Arm into New Fintech Company to Meet Regulations, Attract Investors
MTN Uganda has announced a major restructuring plan that will separate its mobile money business, MTN MoMo, from the main telecom operations. The new move is aimed at turning the …
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EconomyEnergyFinance & ServicesInfrastructureKenyaSafaricomTelecommunications
Kenya Targets Safaricom and KPC to Fund Sh4.24 Trillion 2025/26 Budget
Kenya is gearing up to tap its biggest publicly listed companies, Safaricom and the government‑owned Kenya Pipeline Company (KPC), to fund its Sh4.24 trillion budget for the 2025/26 financial year, Finance …
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Business and EconomyDevelopmentInfrastructureInnovationTelecommunications
Econet Bounces Back Strong With ZWG2.3bn Profit, Powered by Innovation and AI.
Econet Wireless Zimbabwe, the country’s top telecoms and digital services company, has recorded a strong comeback after years of pressure, posting a ZWG2.3 billion profit for the financial year ending …