Tech giants including Google, Facebook, Twitter, YouTube have shown interest in investing and exploring business opportunities in Nigeria’s digital space. The Minister of Information and Culture, Alhaji Lai Mohammed disclosed this …
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Nigeria
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Nigeria’s latest bond auction superintended by the Debt Management Office (DMO) suffered low demand. The DMO held its monthly auction of FGN bonds on Monday, and offered N225 billion but …
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AfricaEnergyNewsNigeriaOil & GasWestern Africa
EU partners FG to fast-track gas infrastructure for European markets
The European Union (EU) in partnership with the Federal Government of Nigeria has expressed renewed interest to put mechanism in place to fund gas project in Nigeria to guarantee energy …
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AfricaBuildingBusinessNigeriaWestern Africa
BUA Cement Declares N88.04 billion Dividend Payout for Shareholders
Shareholders of one of Africa’s largest manufacturing companies, BUA Cement Plc, have approved dividends of N88.047billion for its financial year ended December 31, 2021, at N2:60k per ordinary share of 50k …
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AfricaFinance & ServicesNigeriaTechnologyWestern Africa
Sudo Africa appoints Farida Kabir as Group Head of Growth
Sudo Africa, Nigerian fintech has appointed Farida Kabir as its new Head of Growth. Sudo Africa, which was launched in 2020, provides a card-issuing API to businesses and developers. Founded by Aminu …
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AfricaBusiness and EconomyNewsNigeriaWestern Africa
Nigeria’s fuel subsidy is estimated at N6.7tn for 2023
The Federal Government of Nigeria will spend N2.7 trillion on fuel subsidy payment in 2023. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, who disclosed this during the …
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AfricaBusiness and EconomyFinance & ServicesNewsNigeriaWestern Africa
Nigeria’s debt payment exceeds revenue in Q1
Debt servicing surpassed Nigeria’s generated revenue in the first quarter of this year, the Ministry of Finance revealed on Thursday. In the fiscal performance report released by the ministry, the …
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AfricaBusinessTechnologyWestern Africa
Phase3 Telecom partners Yahclick for improved broadband services
Phase3 Telecom, an aerial fiber optic network infrastructure provider is partnering with YahClick (powered by Hughes) to offer high-speed, low-latency satellite broadband services. Consequently, satellite broadband services would be available …
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9mobileAfricaNigeriaTechnologyTelecommunicationsWestern Africa
9mobile unveils online streaming platform
Telecom service provider, 9mobile on Wednesday, unveiled its online Streaming platform called 9TV. 9mobile described this launch as part of efforts to provide Nigerians with quality and stress-relieving entertainment. 9TV …
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The Nigerian Senate, on Wednesday passed the Nigerian Startup bill, 2022 The passage of the bill followed the adoption of a report of the Senate Committee on ICT and Cyber …