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FBN Holdings capital raise: FBN Holdings, a financial holding company, will seek shareholder approval for a new capital raise of N350 billion at its upcoming annual general meeting. The firm is also considering a change of its legal and brand…
Mira Raise Capital AI Startup: Mira Murati, former chief technology officer at OpenAI, is raising funds from venture capitalists for her new AI startup, according to sources familiar with the matter. The funding round could surpass US$100 million. Mira Raise…
OAU Gets multi-million Naira Laboratory: As part of its commitment to fostering education and innovation, the Tosin Eniolorunda Foundation has completed the renovation and upgrading of the Mechanical Engineering department laboratory at Obafemi Awolowo University (OAU). The foundation has turned…
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…
