MoMo PSB has launched its outbound and inbound remittance service which enables customers in Nigeria to send money seamlessly to 13 African countries, including Benin Republic, Cameroon, Congo Brazzaville, Côte d’Ivoire, Democratic Republic of Congo, Gambia, Liberia, Malawi, Rwanda, Sierra Leone, Togo, Uganda and Zambia, and receive money seamlessly from six African countries such as…
A tech firm, Durubata Ltd., at the weekend, launched Appmint, a no-code Artificial Intelligence (AI)-powered platform for Small and Medium Enterprises (SMEs) in Africa.The Chief Executive Officer (CEO) of Durubata Ltd., Mr Jacob Ajiboye, said at a news conference to unveil the platform in Lagos that it was designed to empower startups, entrepreneurs and SMEs…
Stakeholders in Africa’s internet ecosystem have stressed the need to expand the infrastructure for internet to boost connectivity across the country. The stakeholders that included Lagos State governor Babajide Sanwo-Olu, National Coordinator of ngPIF, Prof. Wale Adedokun, CEO of IXPN, Muhammed Rudman, CEO of Open Access Data Centre (OADC) and Ayotunde Coker stressed the importance…
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobri is looking towards Kogi State for petroleum exploration. He expressed the desire when the State Governor, Usman Ododo led a delegation on an official visit to the ministry in Abuja. “What we need to do is to do the requisite exploration work, and once…
The long-awaited Konga Yakata—Nigeria’s biggest annual sales event—is set to begin this Friday, November 1, 2024, and will run through the entire month of November, ending on Saturday, November 30. As excitement builds among shoppers, this year’s edition promises to deliver even more incredible savings, with up to 90per cent discounts on a wide array…
The Federal Government said its continued investment in women-led businesses and support for youths’ entrepreneurial skills aligned with the World Bank’s initiative. Minister of Finance and Coordinating Minister for the Economy, Wale Edun, who spoke during a panel discussion at the ongoing World Bank/International Monetary Fund (IMF) Annual Meetings in Washington DC, said the government…
The Court of Appeal, Lagos Division, has reserved judgment to a later date in an appeal filed by MTN Group against the judgment of the National Industrial Court of Nigeria (NICN) in favour of a former expatriate staff of the MTN Group, M. Paul Odunewu. In the September 27, 2017 judgment, the NICN had ordered…
Nigeria’s apex bank has advised Nigerians in diaspora to channel their remittances home towards investment rather than consumption. Deputy Governor (Financial System Stability) at the Central Bank of Nigeria (CBN), Mr. Philip Ikeazor, gave the advice during a forum that focused on: “Optimizing Remittances to Nigeria: A Vision for the Future,” held with the Nigerian…
