Tag: Nigeria
MTN, others approved for 5G auction in Nigeria
MTN Group and Airtel Africa’s local units were approved by Nigerian authorities to take part in a forthcoming 5G spectrum auction, with wholesale player...
Nigerian tech start-up TeamApt targets Unicorn status
Nigerian tech start-up TeamApt is in the market raising its third round of funding at a value of more than US$1 billion, which will...
Nigeria: Fintech Lemonade Finance raises $725k pre-seed funding round
The Y Combinator-backed Nigerian fintech startup Lemonade Finance has raised a US$725,000 pre-seed funding round to help it scale.
A participant in Y Combinator’s W21 batch earlier...
Nigeria launches eNaira as Ghana pilots eCedi
The Central Bank of Nigeria joined a growing list of emerging markets betting on government-backed digital money to cut transaction costs and boost participation...
MultiChoice’s bank accounts frozen in Nigeria
Nigeria’s Federal Inland Revenue Service (FIRS) has instructed banks to freeze the accounts of media entertainment firm MultiChoice Africa and its Nigerian subsidiary for breaching...
Nigeria bans Twitter after President Buhari’s tweet was deleted
Nigeria has blocked popular social media site, Twitter for removing a post by Nigerian President Muhammadu Buhari threatening secessionists in the southeast of the...
Microsoft, Nigerian government collaborate to drive digital economy agenda
Bill Gates' Microsoft has announced it is working with the Nigerian government on several projects aimed at intensifying the West African country's move to...
Nigeria banks run to regulator for cover from Fintech
Nigerian banks’ dominance of their home turf is virtually unparalleled. Largely protected by regulators from foreign competition, Nigerian lenders control 94% of their domestic market,...
MTN Nigeria payments access restored by banks
Banks have restored MTN Nigeria’s access to platforms needed for customer airtime purchases, which were temporarily halted in a tag of war over commissions.
Nigerian...
Legalizing Okada; Taxi motor – lessons from Rwanda
I have been to both Nigeria and Rwanda and seen how Okada operations are managed in both countries. If I were to base my...