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NCC To Approve Tariff Hike: The National Association of Telecommunications Subscribers (NATCOMS) has called on the Nigerian Communications Commission (NCC) to approve a marginal 10% tariff increase for telecom companies to alleviate the rising operational costs in the sector. NATCOMS…
Ever wondered how to check your BVN? BVN, or Bank Verification Number, is a unique identification number given by Nigerian banks to safeguard your bank account from unauthorized access and fraud. It’s like a security number for your financial transactions. …
Smile Communication New Appointments: Smile Communication, a pan-African telecommunications group with a presence in Nigeria, has repositioned its operations for better service delivery. This comes with the appointment of Abhulime Ehiagwina, an astute financial expert, as the Acting Chief Executive…
Togo Suspends Yango: Togo’s transport ministry has suspended the Russian-owned ride-hailing app Yango over security concerns. The app began operating in June without proper authorization. Talks are ongoing between Yango, based in Dubai, and Togo’s government to find a resolution.…
FBN Holdings New GMD: FBN Holdings Plc has officially announced the appointment of Adebowale (Wale) Oyedeji as the new Group Managing Director (GMD), effective November 13, 2024. This appointment, which is subject to the approval of the Central Bank of…
MTN Paper-Based Sim Cards: MTN Nigeria, a popular telecom operator, on Friday, announced the introduction of paper-based biodegradable eco-friendly SIM cards. This development is in line with its Project Zero goals to reduce greenhouse gas (GHG) emissions and achieve net…
Fable Raises Funding: Toronto-based accessibility tech startup Fable has raised USD 25 million (CAD 33.8 million) in Series B funding as it looks to further address inclusivity in digital products, including artificial intelligence (AI). The round was led by Five…
Starlink Offers Gigabit Speeds: SpaceX is seeking approval for changes to Starlink that the company says will enable gigabit-per-second broadband service. In an application submitted to the US Federal Communications Commission on October 11. SpaceX Formally Requests Starlink Offer Gigabit…
Chinese Steel Plant In Ogun: A Chinese company, Inner Galaxy Steel Company Limited, is set to invest about $300 million to establish a new steel plant for the production of specialized steel products in Ogun State. Minister Approves Chinese Steel…
Capway Fintech Shutdown: CapWay, the fintech startup aimed at tackling financial inequity, has officially shut down. Founder Sheena Allen announced the closure, expressing pride in CapWay’s mission while also sharing disappointment that the journey ended prematurely. She said, “I am…
