FintechCBN to strictly regulate Nigeria’s fintech sectorPritam BordoloiOctober 22, 2019 by Pritam BordoloiOctober 22, 2019 The central bank is also identifying illegal fintech companies and bringing them under regulatory control... Read more
TelecomCBN objects MTN Nigeria’s USSD transactions chargePritam BordoloiOctober 21, 2019 by Pritam BordoloiOctober 21, 2019 MTN is expected to start charging its customers on the directive of bankers committee... Read more
FintechNigeria’s Lidya to disburse $1.1 bn as loans in EuropePritam BordoloiOctober 16, 2019 by Pritam BordoloiOctober 16, 2019 After opening an office in New York, the startup expands into Poland and Czech Republic... Read more
TelecomMTN Nigeria loses thousands of subscribers as Airtel gainsPritam BordoloiOctober 8, 2019 by Pritam BordoloiOctober 8, 2019 Despite losing subscribers, MTN continues to dominate with a 42% market share... Read more
LogisticsKenyan logistics startup Lori Systems expands in NigeriaPritam BordoloiOctober 8, 2019 by Pritam BordoloiOctober 8, 2019 The startup completed a successful pilot in Nigeria with companies such as Olam, Honeywell Flour Mills and Flour Mills Nigeria... Read more
BankingUnion Bank of Nigeria gets $200 mn to fund SMEs, entrepreneursPritam BordoloiOctober 3, 2019 by Pritam BordoloiOctober 3, 2019 Part of the $200 mn funding from OPIC will be used to drive digitalisation... Read more
TechnologyNigeria’s CcHub acquires Kenya’s leading tech incubatorPritam BordoloiSeptember 27, 2019November 1, 2019 by Pritam BordoloiSeptember 27, 2019November 1, 2019 CcHub will finance the deal out of its real-estate project... Read more
TelecomNigeria reserves frequencies for 5G mobile broadbandPritam BordoloiSeptember 25, 2019November 1, 2019 by Pritam BordoloiSeptember 25, 2019November 1, 2019 Nigerian Communications Commission reserved the 26, 38 and 42 GHz spectrum frequencies for 5G mobile broadband... Read more
Wealth ManagementKenya has around 356 billionaires, 4th highest in AfricaPritam BordoloiSeptember 23, 2019November 4, 2019 by Pritam BordoloiSeptember 23, 2019November 4, 2019 73% of Kenya’s billionaires are from Nairobi... Read more
BankingMTN Nigeria launches new mobile financial servicesInternational Finance DeskAugust 30, 2019December 16, 2019 by International Finance DeskAugust 30, 2019December 16, 2019 The new scheme will enable cash transfers and payments through mobile connections... Read more