MoMo, MTN’s Payment Service Bank, has recorded 4.2 million wallets with 2.4 million being actively used in less than two months of its launch. The company disclosed this in its financial result …
Western Africa
- AfricaBusinessFinance & ServicesMobile Telecommunications Network (MTN)NigeriaTelecommunicationsWestern Africa
- AfricaAgricultureBusinessFood ProductionNigeriaWestern Africa
Notore records N26bn Revenue, N2.6bn PBT
Notore Chemical Industries Plc, a vertically integrated agro-allied and chemicals business has recorded group revenue of N26.28 billion for the six-month period ended 30th June 2022. This translates to a …
- AfricaBusinessNewsNigeriaTelecommunicationsWestern Africa
5G: MTN, Huawei Install 100 5G sites ahead of launch in Nigeria
MTN Nigeria and Huawei Nigeria Technologies Company Ltd., have installed over 100 fifth generation (5G) mobile technology cell sites in the country ahead of the commercial launch of the service. …
Bbnaija a Nigerian reality competition television series has returned to screen for the 7th season with 24 contestants popularly referred to as housemates. The 7th season tagged ‘Level Up’ premiered …
- AfricaAgricultureFood ProductionINVESTMENTNewsNigeriaWestern Africa
Food security: US to invest $55m in Nigeria’s agric sector
The United States says it will invest an additional $55 million in Nigeria’s agricultural sector to support food security. The US embassy and consulate in Nigeria disclosed this in a …
- AfricaNewsNigeriaTransportation & LogisiticsWestern Africa
Emirates set to reduce operations in Nigeria over $85m blocked fund
Emirates Airlines has said it will reduce its flight operations to Nigeria due to its inability to repatriate about $85 million in revenue. The airline made this known in a …
- AfricaBusinessEastern AfricaFinance & ServicesKenyaNewsPress ReleasesSpotlightTechnologyWestern Africa
Flutterwave: We submitted application for a licence in Kenya since 2019
Our attention has been drawn to reports with regards to our operating licence in Kenya. Like many other financial technology service providers in Kenya, our entry into the market was …
- AfricaBusinessCryptocurrencyFinance & ServicesGlobal NewsNigeriaTechnologyWestern Africa
Xend Finance launches Digital Payment API For Businesses
Xend Finance, a global crypto bank, has announced the launch of XendBridge, a digital payment API, and SwitchWallet, a free public wallet infrastructure. The launch of XendBridge and SwitchWallet add …
- AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
TAJbank secures nationwide banking Licence
TAJBank Limited, Nigeria’s leading non-interest bank, has secured the approval for nationwide banking operations from the Central Bank of Nigeria (CBN). The bank’s Managing Director, , Mr Hamid Joda, made …
- AfricaBusinessNewsNigeriaWestern Africa
Lekki Deep Seaport gets approval to begin commercial Operation
President Muhammadu Buhari has approved the designation of Lekki Deep Seaport, Nigeria’s deepest Seaport as a Customs Port and Approved Wharf. The Nigerian Port Authority (NPA) disclosed this in a statement posted …