MTN Nigeria Communications PLC (MTN Nigeria) has raised N75.18bn through its Series 11 and 12 Commercial Paper (CP) issuance, significantly exceeding its initial target of N50bn. This was contained in the company’s notice to the Nigerian Exchange Limited seen by Business Nexus. The issuance, conducted under the company’s […]
Category: Tech News
Tech News
Access Bank Partners SaltinGTein To Unveil Winbundle Airtime2Win
Access Bank has collaborated with SaltinGTein to introduce the Winbundle Airtime2Win feature on its digital platform, allowing customers to participate in a raffle when purchasing airtime. Through Winbundle Airtime2Win, customers purchasing airtime via *901# will receive 70 per cent of the airtime value, while the remaining 30 per cent […]
GM To Reassure Investors On EV Demand, Project Profit Growth By 2025
General Motors (GM) will reassure investors during its upcoming investor day that concerns over slowing demand for electric vehicles (EVs) are overstated, and the U.S. automaker remains optimistic about the potential for improved profitability by 2025, according to sources familiar with the company’s plans. This message marks a notable […]
Glovo Nigeria Pioneers a New Era of Choice and Convenience with Port Harcourt Launch …strengthening Its Position as Nigeria’s Largest Online Marketplace
Port Harcourt, Nigeria. 19 September 2024 – Glovo, Nigeria’s pioneering multi-category platform, is proud to announce its much-anticipated expansion into Port Harcourt, marking a key milestone in its mission to become the largest online marketplace in Nigeria. With its innovative services and commitment to operational excellence, Glovo is set to […]
SEC Grants Two Digital Exchanges ‘Approval-in-Principle’
The Securities and Exchange Commission has granted two Digital Assets Exchanges “Approval-in-Principle” to commence operation under the Accelerated Regulatory Incubation Program, ARIP. The companies granted approval are Busha Digital Limited, Quidax Technologies Limited. Disclosing this in a statement in Abuja Thursday, the Commission said the cohort comprises of two Digital Asset Exchanges, four Digital asset Offering Platforms and […]
United Capital Launches New Subsidiary, UCEE Microfinance Bank …..Appoints Esther Adeola-Balogun As Managing Director/CEO
United Capital Group, a Pan-African investment management and financial services group has announced the official launch of its newest subsidiary, UCEE Microfinance Bank, at a ceremony held at the Bank House in Marina, Lagos. The event was attended by the Chairman of Heirs Holdings Group, Tony O. Elumelu, alongside other […]
NIBSS celebrates milestones, promises inclusive payment system
The Nigeria Inter-Bank Settlement System Plc (NIBSS) at its 30th Annual General Meeting (AGM) promised to leverage emerging technologies and deepen partnerships to ensure seamless and inclusive payment for all Nigerians. The AGM marked a significant milestone in the history of NIBSS, as it celebrated three decades of advancing Nigeria’s […]
Telecom Operators Call for Government Intervention Amid Rising Sector Challenges
Telecom operators have called on the Nigerian government to take urgent steps to support the telecommunications industry, which has been under increasing distress. The operators at a stakeholders conference themed ‘Telecoms Industry 2.0: The Next Investment Frontier in Nigeria’ raised concerns about the growing challenges facing the sector. […]
MTN Nigeria Becomes First African Telco in PMI Global Executive Council
MTN Nigeria has become the first African telecommunications company to join the Project Management Institute (PMI) Global Executive Council. According to a statement by the company the achievement highlights the company’s commitment to excellence in project management and its dedication to implementing best practices. The announcement was celebrated […]
‘SIM disconnection unrelated to planned protest’ – ALTON Chairman
Gbenga Adebayo, chairman of the Association of Licensed Telecommunication Operators in Nigeria (ALTON), has shared reasons why SIM cards without linked National Identification Numbers were barred before the July 31, 2024 deadline given by the Nigeria Communications Commission (NCC). In a recent interview with Arise TV, the ALTON chairman […]