Airtel, a telecommunications company, has finished paying for the license for its Fifth Generation (5G) network in Nigeria. Through the Nigerian Communications Commission, the company paid the Federal Government $316.7 million for the 5G license and 4G spectrum (NCC).
This was revealed yesterday by Airtel Africa Plc, the parent company of the Nigerian subsidiary and trader of shares on the…
Releaf a technology startup Secures $3.3 million pre-series unveils new technologies
January 11, 2023
Releaf, a technology startup that empowers African manufacturers, has raised $3.3 million in a Pre-Series A fundraising round that was oversubscribed.
Two new innovations will be introduced with the help of the new funding: SITE, a geographic mapping tool that determines the…
To promote tech entrepreneurship, Bullseye is looking for qualified experts.
January 11, 2023
Bullseye Digital Manpower, a company that specializes in job placement and career management, has emphasized the need to promote tech entrepreneurship in Nigeria and close the talent gap in the technology ecosystem.
Lare Ayoola, the organization’s founder, made this…
Working with experts is the secret of my success, says FCMB founder Otunba Subomi Balogun.
January 11, 2023
Otunba Subomi Balogun, the founder of the First City Monument Bank (FCMB) Group, claims that by prioritizing God and surrounding himself with thoroughbred experts, he was able to successfully navigate the Central Bank of Nigeria’s (CBN) N25 billion recapitalization policy.
He continued by saying that the two elements had greatly influenced his achievements. He said that there had been…
Nigerians can now easily receive FastCash loans of up to N200,000 (two hundred thousand Naira) in minutes to fulfill emergency financial needs, pay children’s school fees, and pay rent.
FastCash is an instant loan product sponsored by First City Monument Bank that is…
Cordros Capital Limited forecasts significant inflation and a volatile equity market in 2023
January 11, 2023
The Nigerian economy will experience high inflation and a volatile equity market in 2023, according to Cordros Capital Limited.
The firm shared its market and economic predictions for the year as well as tips on the greatest investment possibilities at a press conference on…
The federal government's goal of N2.43 trillion in non-oil revenue worries the private sector.
January 11, 2023
The federal government’s controversial Finance Bill 2022, which intends to tax businesses even more, has caused concern in the private sector.
The bill was swiftly approved by the National Assembly along with the 2023 Appropriation Bill without a public hearing, a decision that the organized business sector is currently contesting (OPS).
The 2023 Appropriations Act states that N10.49…
Nigeria falls behind Ghana, Kenya, and 12 other African countries in innovation.
January 3, 2023
Nigeria, the biggest economy on the continent, is behind Mauritius, South Africa, Morocco, Tunisia, Botswana, Kenya, Ghana, Namibia, Senegal, Tanzania, Rwanda, Madagascar, Zimbabwe, and Cote D’Ivoire. The countries are ranked ahead of Nigeria because they grew investments…
The Nigerian economy will continue to slump in 2023 due to activities leading to the general elections next year, but would likely pick in 2024, with growth rising to 3.3 per cent, a Fitch Solutions Country Risk & Industry Research report has predicted.
An affiliate of…
Stanbic IBTC announced the appointment of new board members in its group companies.
January 3, 2023
Following receipt of the necessary regulatory approvals, Stanbic IBTC Holdings Plc (Stanbic IBTC), a member of Standard Bank Group, has announced the appointment of new directors throughout the Group.
These nominations were in accordance with Stanbic IBTC’s history of honoring quality, performance, and dedication, underscoring the organization’s well-established succession planning…