Category: Big Business
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Nigeria approves trial spectrum for 5G network
The National Communications Commission, NCC, Nigeria’s telecommunications regulator said it has approved trial spectrum for…
MTN Nigeria gets ready to launch its mobile bank called MoMo
Barring any last-minute change, MTN Nigeria Communications Place will be launching its mobile money service…
Standard Bank acquires stakes in Nomanini
Africa’s largest lender, and the parent company of Stanbic IBTC, Standard Bank has just bought…
9mobile borrows $230 million loan to pay debt, boost growth
To revive its struggling fortunes, 9mobile said it has secured a loan facility of about…
Complete list of FIRS tax defaulters
Recently, the Federal Inland Revenue Service, FIRS, came out with its list of tax defaulters….
Jumia under fire for falsifying sales figures to the tune of $18 million as losses widens
NYSE-listed and African-focused eCommerce company, Jumia Technologies AG has now admitted that there were improper…
Intel debuts Springhill, first AI-powered processor
Global processor giant, Intel Corp. has just launched its first artificial intelligence (AI) powered processor…
Shoprite lifts revenue to N3.5 trillion in six months
Africa’s largest retailer and grocery seller, Shoprite Holdings Limited said its total merchandise sales for…
After ORide, OTrike OPay launches OBus bus-hailing service
Riding on the rising popularity of its bike-hailing service, ORide, OPay has just launched OBus,…
Seven Energy gets approval to sell off Accugas, subsidiaries
Seven Energy International Limited said it has received notification from the Nigerian Department of Petroleum…