"MTN Nigeria Communications PIc (MTN Nigeria) announces the receipt of a letter dated April 8, 2022, from the Central Bank of Nigeria (CBN) addressed to Momo PSB conveying final approval to commence operations," said Uro Ukpanah, the company's secretary, in a statement. "MTN Nigeria affirm...
evolving from basic person-to-person payments to a comprehensive digital wallet. This new partnership represents a step forward in its mission to provide accessible and innovative financial services across Africa, despite regulatory hurdles in markets like Nigeria, Ghana, and Cameroon. ...
A statement released by the Nigerian Exchange (NGX) Monday noted that the 58 companies cut across ten sectors of quoted companies on the bourse. Read:Guinness Nigeria announces N1.01bn final dividend for 2021 FY The breakdown is as follows: Financial services (21), consumer goods (7), industr...
Founded in 2007, Smile Telecoms has operations in Nigeria, Uganda, Tanzania, the Democratic Republic of Congo, and South Africa. The company – which is majority owned by Saudi-based Al Nahla Group – has the largest 4G LTE commercial network in Africa, operating in the...
“Afterwards, a joint statement was issued by the Central Bank of Nigeria’s Acting Director, Corporate Communications, Osita Nwanisobi; and the Director, Public Affairs, Nigerian Communications Commission, Ikechukwu Adinde. “In that statement, parties agreed that “Effective March...
Dangote Industries has emerged the Most Valuable Brand in Nigeria for a record 5th year in a row at the outcome of the 2022 corporate brand evaluation, conducted by the leading brand and marketing research firm, TOP 50 BRANDS NIGERIA. Dangote emerged top with an aggregate score of 83.7 Brand...
MTN generated about 31 percent of sales in South Africa during the first half of last year, with the rest coming from operations in other markets, including Nigeria. The rand was the worst-performing major currency against the dollar in 2013, weakening 19 percent in the period, Bloomberg data...