Nigeria’s and other Africa’s digital payments landscape is expanding at a record pace, marking a turning point towards more inclusive interoperable financial systems. According to a report obtained at the weekend, 36 systems are now live across 31 African countries, with five launched over the past year. Collectively, they processed 64 billion transactions worth nearly…
The International Telecommunication Union (ITU) has said the fifth generation (5G) networks coverage remains uneven, with 84 per cent of people in high-income countries having access to 5G, compared with only four per cent in low-income countries. The global telecom body noted that this year, 5G networks are estimated to cover 55 per cent of…
Airtel Nigeria has unveiled a new Smartphone Financing Programme to aggressively bridge the digital divide. The innovation provides existing Airtel customers with a flexible and convenient payment plan to own fourth generation (4G) smartphones and drive wider digital inclusion. Through this innovation, Airtel will finance new smartphones via its exclusive retail network, helping customers currently…
Fintech giant, PalmPay, in collaboration with Wema Bank, has completed the first live transaction on the Nigeria Inter-bank Settlement System (NIBSS) National Payment Stack (NPS), a next-gen infrastructure designed to redefine how money moves across the country. The first live transaction marks a new era in Nigeria’s financial innovation journey and reinforces PalmPay’s role as…
Nigeria’s fourth carrier,T2, has rejected misrepresentation of industry facts which it said are sensationalist framings that suggest malicious intent, aiming to sow confusion rather than provide genuine analysis. The company, in a statement, said it has observed with concern the recent wave of misinformation circulating online regarding our operational relationships, including those involving IHS. “These…
MTN Nigeria Communications Plc, in partnership with the Worldwide Fund for Nature (WWF) through its local partner, the Nigerian Conservation Foundation (NCF), and the United Nations Development Programme (UNDP) Nigeria, has announced the top 10 finalists and the panel of judges for the 2025 Nigeria PachiPanda Challenge. The Nigeria PachiPanda Challenge is a platform dedicated…
The Chief Executive Officer of ITH Holdings, Mr. Olusegun Dada, has reaffirmed the company’s commitment to delivering innovative solutions that power Africa’s digital transformation. Dada who gave the commitment in Lagos at the weekend during the official opening of its newly redesigned corporate office at Gbagada Phase 11, said the long-term vision of ITH Holdings…
The leading property consultancy and advisory firm, Dewale Consulting, in collaboration with other firms across Africa, has curated a platform tagged ‘Gateway to East Africa’, which is aimed at providing meaningful dialogue for investors who earn in U.S. dollars to secure a stake in some of Africa’s most dynamic economies. Speaking during the event at…
New York Stock Exchange (NYSE) listed IHS Towers has posted a strong third quarter (Q3) earnings ahead of expectations while revisiting its full 2025 guidance upwards. This is on the back of its strong Nigeria performance where Chairman and CEO, Sam Darwish, told thousands of Wall Street investors and analysts on its earnings call that…
