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MTN: Telcos central to bridging financial gaps, driving inclusion

Telecom operators will play an indispensable role in bridging financial gaps and fostering inclusion, particularly in Nigeria, Chief Corporate Services & Sustainability Officer at MTN Nigeria, Tobe Okigbo, has said. He  underscored this role during a panel discussion at the Africa Breakfast Convos, held on the sidelines of the recent United Nations General Assembly (UNGA79)….

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PalmPay gets financial inclusion award

Fintech platform, PalmPay, was awarded the Most Outstanding Fintech Driving Financial Inclusion at the prestigious BrandCom Awards 2024, held on October 26th. The award, presented by Brand Communicator, celebrates Palmpay’s remarkable contribution to expanding financial inclusion across Nigeria. The recognition from Brand Communicator reflects PalmPay’s commitment to bridging financial gaps and expanding access to reliable…

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Google’s, others’ $110m cash pushes Moniepoint into ‘unicorn club’

Nigeria based fintech Moniepoint has raised $110 million in new funding from investors including Google to scale up digital payments and banking solutions across Africa, the company has said. Sources close to the transaction said the new funding valued Moniepoint above $1 billion, giving it “unicorn” status – a term for privately-owned business valued at…

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Sanwo-Olu lauds MTN Foundation for renovating 110 labs

Lagos State Governor Babajide Sanwo-Olu has commended MTN Foundation for its decade-long commitment to STEM education in Nigeria through the renovation of 110 laboratories across multiple states. Speaking through his representative, Engr. Ganiyu Oseni, Special Adviser on Innovation, Broadband, and Technology, Sanwo-Olu expressed gratitude for MTN’s efforts, describing the initiative as “more than just infrastructure…

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MoMo PSB expands remittance service across Africa

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…

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Sanwo-Olu, ngPIF chief, IXPN, OADC push for internet infrastructure expansion

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…

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