The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country.
The Value Added Services (VAS), segment of the telecom market in Nigeria has recorded the sum of $200 million revenue as at first quarter this year, Prof. Umar Danbatta, Executive Vice-Chairman of Nigerian Communications Commission (NCC) has said.
The Nigerian High Court has stopped the sale of 9mobile following opposition to the deal by some shareholders of the company.
Nigeria’s technology space is set to witness experiential platform with the unveiling of TechFest by Diamond Bank Plc in partnership with MTN, Visa, Microsoft, NIBSS, Deloitte and Touche, Interswitch and Beat FM.
The Nigerian Stock Exchange is set to migrate Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc to its Premium Board, 2018 sequel to them applying and meeting the Exchange’s listing requirements for the board.
In 2017, Nigeria’s Gross Domestic Product (GDP) growth was 0.83% (compared to a decline of 1.58% in 2016). In the second quarter of 2017, the country officially emerged from a recession which had lasted about a year.
The Women Elite Sports Empowerment Initiative (WESIE) was founded in 2012 by British/Nigerian Funke E. Adeniji, who began playing basketball in her teens, working her way up from collegiate level basketball in the UK to division 1, the UK’s premiere league for women.
StartCredits is a Nigerian financial technology startup that is redefining borrowing by offering competitive terms that reduce interest rates while advancing transparency.
BeepTool Communications, a Nigerian fintech and VoIP company has been positioning itself to change the landscape of mobile communication and connectivity inclusion in Sub-Saharan Africa by offering low cost ICT solutions to remote areas that have traditionally been locked out of conventional network coverage.
International money transfers to Africa are rising. There are good reasons for that. With the choice of the right online money transfer provider you can save yourself a high amount of remittance fees!