Nigerian Government to Deploy Africa’s Longest Fiber Cable of 90,000 km Nationwide
The Nigeria Government on Tuesday approved two critical projects for the digital economy and technology startup ecosystem in the country.…
Telecoms Operators to Invest $26bn into Cloud Technology with Expenditure Predicted to Hit $65bn by 2028
Telecommunication operators will invest $26 billion in cloud services in 2024, with expenditure growing to $65 billion in 2028. Telecommunications…
Dangote Targets 700,000MT of Refined Sugar in Four years, Says Q1 Revenue Up to N122.7bn
Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane…
Banking-as-a-Service Platform Revenue to Reach $94bn by 2028, as API Deployment Unlocks Fintech Innovation
Global BaaS (Banking-as-a-Service) platform revenue generated from account/card issuing and transaction fees will grow by 158% to 2028; up from…
Wema Bank Launches Anti-fraud Campaign to Avoid Repeat of 2023 $595,000 Lost
Wema Bank Plc has launched an anti-fraud campaign to avoid the repeat of the setback of 2023, wherein about $595,000…
Latest MVNO Licensee, Zegtel Plans $21.8m Investment in Partnership with British Firm
Zegtel, a virtual network operator (MVNO), is the latest to join the train of the MVNO business in Nigeria with…
JUST IN: CBN Hike Interest Rate to 24.75 %
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200…
MTN Exiting Two African Countries to Focus on Huge Revenue Markets
MTN Group has decided to withdraw from two West and Central African markets, as outlined in its recent 2023 report.…
Nigeria Files Tax Evasion Charges Against Binance
In a significant move aimed at upholding fiscal responsibility and preserving the economic integrity of the nation, the Federal Government…