Tag: Nigeria
Nigeria manufacturing 100% of SIM cards locally
The Nigerian Communications Commission (NCC) has announced that all SIM cards used in Nigeria are now produced in the country.Â
The Head of New Media...
Nigeria to send first citizen to space
Six decades after the first human reached space, a Nigerian will have the opportunity to do the same thanks to a partnership between the...
Meta reduces Lagos office space after global layoffs
Meta, the parent company of Facebook, WhatsApp and Instagram is set to reduce its office space in Lagos after global layoffs affected the workforce...
MultiChoice will ride out Nigeria chaos
MultiChoice Group says it remains committed to the turbulent Nigerian market, despite extreme currency volatility, high inflation and an economy taking severe strain.
The South...
Nigeria suspends 0.5% ‘e-levy’
The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions.
The decision...
Jumia doubles down on Nigeria in push to turn profitable
E-retailer Jumia Technologies plans to focus on Nigeria, Africa’s most populous nation, as part of a bid to turn profitable.
The Nasdaq-listed e-commerce firm will consolidate...
Airtel incurs $1.7 billion in foreign exchange loss over currency devaluation...
Airtel Africa, Nigeria’s second largest telecoms company has reported significant financial setbacks due to currency devaluations in several of its key markets, notably Nigeria...
Nigeria implements 0.5% e-levy
The Nigeria government has introduced a 0.5% electronic transaction tax to raise money in support of cybersecurity in that country, and this has angered...
Chipper Cash resumes US operations two months after pausing services
Chipper Cash, a pan-African fintech startup, has resumed operations in the US after a two-month pause, and after a restructuring exercise that saw the...
Meta expands AI service to Nigeria, Ghana, five other African countries
Meta has announced the expansion of its AI service to seven Sub-Saharan African countries, including Nigeria and Ghana.
Meta is the parent company of Facebook,...