Featured TelecomMTN to invest $1.6 bn in Nigeria to boost connectivityPritam BordoloiFebruary 3, 2020February 3, 2020 by Pritam BordoloiFebruary 3, 2020February 3, 2020 This follows the Nigerian government’s decision to drop charges against MTN Group for alleged unpaid taxes worth $2 bn... Read more
Featured FintechNigerian fintech startups attracted $122 mn in funding in 2019Pritam BordoloiJanuary 31, 2020 by Pritam BordoloiJanuary 31, 2020 Total funding accumulated by fintechs fell by 21.8% year-on-year... Read more
Featured FintechNigerian fintech Paga acquires Apposit to fuel expansionPritam BordoloiJanuary 24, 2020 by Pritam BordoloiJanuary 24, 2020 The fintech raised $10 mn last year and announced its plan to expand globally... Read more
Featured TechnologyAfrican tech startups secure $491.6 mn in funding in 2019Pritam BordoloiJanuary 22, 2020January 24, 2020 by Pritam BordoloiJanuary 22, 2020January 24, 2020 2019 also witnessed a 61% increase in the number of investors to reach 261... Read more
Featured TechnologyAfrican tech companies invited to partner Britain-led growth schemeInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 With its startups generating 50% more venture capital in 2017 than in 2016, Africa is witnessing an exponential growth in the technology industry... Read more
Oil & GasPetrobras finally makes an exit from the African continentInternational FinanceJanuary 16, 2020March 18, 2020 by International FinanceJanuary 16, 2020March 18, 2020 Petrobras’ share of production from its Nigerian assets in 2019 was around 34,000 barrels per day... Read more
TelecomMTN Nigeria achieves R14 billion in assets salesInternational FinanceJanuary 9, 2020January 13, 2020 by International FinanceJanuary 9, 2020January 13, 2020 MTN Nigeria’s Asset Realisation Programme was launched in March last year to help with the disposal of assets... Read more
Business LeadersOliver Alawuba named as the new CEO of UBA AfricaInternational FinanceJanuary 7, 2020January 8, 2020 by International FinanceJanuary 7, 2020January 8, 2020 UBA Africa now serves over 19 million customers across the continent... Read more
FintechNigerian fintech Migo raises $20 mn for Brazil expansionPritam BordoloiDecember 4, 2019 by Pritam BordoloiDecember 4, 2019 Investors participating in the funding round include Valor Capital, the Rise Fund and Velocity Capital... Read more
Finance Magazine November- December 2019 IssueMobile Money in Nigeria: Will MTN succeed where others failed?International FinanceDecember 4, 2019January 15, 2020 by International FinanceDecember 4, 2019January 15, 2020 While mobile money is already a success in Kenya, Nigeria is finally adopting the right policies to make it a success... Read more