Residents of Zamfara state have expressed worry over the extension of the suspension of communication services in the state. Zamfara state and the federal government through the Nigerian Communications Commission NCC suspended telecommunication services in the state between third to seventeenth September 2021.
Category: Business
MTN Nigeria set to issue N89.99bn bond
MTN Nigeria Communications Plc is set to launch a Series 2 Bond of about N89.99bn. A mail sent from Chapel Hill Denham Advisory Limited to MTN investors and reported by Nairametrics, said, it is a “Series 2 Bonds of up to N89.99bn under its N200bn Bond Issuance Programme.”
Service Blackout: NCC may shut down 3 Sokoto LGA’s telecommunication services
The house of representatives has asked the Nigeria Communications Commission (NCC) to shut down telecommunication services in three LGAs of Sokoto state. This development comes days after NCC instructed all telecommunication companies to shut down their services in Zamfara over lingering insecurity in the state.
CBN to own a major stake in E-Naira’s Bitt Inc
The Central Bank of Nigeria has announced that it will own a majority stake in Bitt Inc. after its registration in Nigeria. The Caribbean fintech company is the technical partner of the CBN is the launch of Nigeria’s digital currency on October 1.
Didi, China’s ride-hailing app has plans to launch in Nigeria
Didi is a popular ride-hailing app in China’s 1.3 billion strong population and it is planning to launch in Nigeria. Since its founding in 2012, Didi has become China’s dominant ride-hailing service, with over 550 million annual active users globally in 17 countries including South Africa, Australia, and Russia. Didi is quoted in the New York Stocks Exchange.
Nigerian Autochek Expands to Kenya, Uganda
Autochek has announced the signing of an agreement with ROAM Africa to acquire its Cheki Uganda and Cheki Kenya automotive marketplaces, furthering its expansion into the African market.
OurPass, a Nigerian one-click checkout platform, raises $1M pre-seed.
Why do I have to log in and log out from different e-commerce sites as I shop online? Shopping can be a whole lot more fun if a fast logging and checkout system existed across all your favourite online stores.
Nollywood: Lagos Had 234 films in Q2
Lagos State recorded the highest number of Nollywood movie production in Nigeria in the second quarter of the year with a total of 234 films.
BREAKING: Nigeria’s National Policy on 5G Approved Today
The Federal Executive Council (FEC) sitting in Abuja today has approved the controversial Fifth Generation Networks Policy otherwise known as 5G for Nigeria.
Who Owns OPay?
Zhou Yahui (born February 1977) is a Chinese billionaire s the chairman and CEO of Opera Software, the mother company of OPay. In 2008, he founded Kunlun Tech Co Ltd., one of the largest web game developers in China, where he was the chairman and CEO until 2020. Yahui currently has an estimated net worth is US$2.2 billion.