Technology

TECNO PHANTOM V Fold is a game changer.

PHANTOM V Fold offers a 120Hz flagship dual screen, and a powerful 5-lens photography system for an unparalleled crease-free large-screen experience. Yesterday, TECNO’s premium sub-brand, PHANTOM, launched a new flagship smartphone, the PHANTOM V Fold, marking the brand’s emphatic entrance into the foldable device market. The phone delivers an immersive visual experience through an optimally…
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Banking

The Central Bank approves holdco status of Zenith Bank.

The Central Bank of Nigeria has approved in principle for Zenith Bank to operate as a financial holding company. In a statement signed by the Company Secretary, Michael Otu, on Friday, the bank revealed plans to change its organisational structure. With this change, the…
Banking

Wema Bank issued bonds worth N25 billion.

To shore up its capital base, Wema Bank has issued a N25 billion bond to targeted investors. In a corporate notice signed by the Company Secretary, Johnson Lebile, on Thursday, the bond will not be listed on any security exchange. Part of the notice read, “Wema Bank Plc decided on the issuance of the bonds as a means of shoring up its capital base to facilitate the bank’s business of lending…
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Banking

Zenith Bank receives permission to operate as HoldingCo.

The Central Bank of Nigeria has given approval in principle to Zenith Bank to operate as a financial holding company. In a statement signed by the Company Secretary, Michael Otu, on Friday, the company revealed plans to change its organisational structure. With this…
FintechTechnology

Kenyan court released Sh6.6 billion ($51.9 million) belonging to Nigerian fintech startup, Flutterwave

A Kenyan court on Monday, February 27, 2023, released Sh6.6 billion ($51.9 million) belonging to Nigerian fintech startup, Flutterwave. This came after the Asset Recovery Agency of Kenya withdrew its case against the startup. Last year, the Asset Recovery Agency filed charges against Flutterwave, demanding the court to freeze monies belonging to the startup. The ARA alleged that the funds were…
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Technology

Win $1500 in the Goodwall "Nigeria Speaks" Challenge

In line with its aim of helping young people connect and maximise global opportunities such as jobs, skills, and scholarships, Goodwall—a mobile-based professional development network for students and professionals—has launched in Nigeria with…