Accra, Ghana, witnessed a remarkable gathering of tech industry leaders, visionaries, and policy-makers as TD Africa hosted the Accra Synergy Summit on February 20th. The prestigious event, held at the Kempinski Hotel Accra, brought together some of the most influential minds in the technology ecosystem, further cementing TD Africa’s role as a transformative force in…
Nigeria’s Securities and Exchange Commission (SEC) has reduced the time required for companies to secure approval to raise capital in the Nigerian capital market, cutting the process from over a year to just 14 days. This development aims to make the capital market more efficient and better positioned to support the growth and development of…
Last year, Nigeria’s telecom sector suffered over 50,000 fiber cuts across the country with ripple effects on service quality and huge financial losses to the mobile network operators (MNOs) via remediation and restoration. Of these cuts, 30,000 were blamed on federal and state road construction activities, telecom sector regulator, the Nigerian Communications Commission (NCC), has…
Independent Petroleum Marketers Association of Nigeria (IPMAN) Depot Chairmen Forum yesterday gave Nigerian President Bola Tinubu seven working days ultimatum to pay its over N100billion bridging claims. In its communique issued to reporter in Abuja, the Depot Chairmen Forum, Alhaji Yahaya Alhassan said should the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fail to…
Pay Tv subscribers have kicked aagainst MultiChoice Nigeria’s hike in the cost of subscriptions for its DStv and GOtv packages. The subscribers, acting under the aegis of Association of Telephone, Cable TV, and Internet Subscribers of Nigeria (ATCIS), said the hike is a reflection of the insensitivity of the pay tv service provider to the…
Smartcash Payment Service Bank (PSB), a subsidiary of Airtel Nigeria, has won the Outstanding Payment Service Bank of the Year 2024 (Fintech) at the New Telegraph Awards, reaffirming its continued growth and reach of the PSB within the last year. The award ceremony, which took place at the Lagos Oriental Hotel, celebrated Smartcash PSB’s commitment…
The Senate on Wednesday expressed over the Federal Government’s M150billion investment in the real estate fund at the expense of the Federal Mortgage Bank of Nigeria (FMBN’s) capital share. The government through the Ministry of Finance Incorporated (MOFI) had subscribed to the N150 billion series 1 offering under the MOFI Real Estate Investment Fund (MREIF)…
The National Assembly says its support for the Federal Mortgage Bank of Nigeria (FMBN’s) recapitalisation efforts aims to enhance the bank’s capacity to deliver affordable housing and reduce the nation’s housing deficit. Chairman of the Senate Committee on Lands, Housing, and Urban Development, Sen. Aminu Tambuwal, stated this in Lagos during a top management housing…
The Minister of Aviation and Aerospace Development, Festus Keyamo and the Algerian Ambassador to Nigeria, Mezoued Hosine have met to discuss the commencement of Bilateral Air Service Agreement (BASA) arrangements between Nigeria and Algeria. Ambassador Hosine expressed his country’s interest in launching air services connecting Algeria, Abuja, and Douala. He requested the Minister’s intervention in…
