PalmPay executes live transaction on NPS

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…

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T2 rejects misrepresentation of industry facts

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…

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MTN Nigeria, WWF/NCF, UNDP Nigeria unveil top 10 finalists of PachiPanda Challenge

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…

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ITH Holdings restates commitment to innovative solutions

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…

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Dewale Consulting opens E/African real estate channel for Nigerian investors

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…

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Tinubu’s FX reform delivers strong Q3 earnings for IHS Towers

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…

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Nigeria Customs targets 48 hrs cargo dwell time

As part of its efforts to enhance seamless operations and ease trade facilitation for traders and other stakeholders in the maritime industry, the Nigeria Customs Service (NCS) has formally introduced its One-Stop-Shop Initiative at Zone ‘A’, Lagos, to reduce cargo dwell time at port to 48hrs. The One-Stop-Shop initiative, the service said, “is expected to…

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Okra Solar unveils off-grid power solution

Okra Solar has unveiled Mesh-grid Beyond, a suite of new hardware that delivers on three critical promises to energy developers: power communities further from the grid than ever before, deploy projects faster than traditional approaches allow, and reach everyone, from the productive to the lowest-consuming households – profitably. The announcement comes at a pivotal moment…

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