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Tuesday, February 25, 2020

FirstBank mobile banking app, FirstMobile hits one million users

FirstBank launch mobile banking platform has recorded a milestone in its user numbers with the attainment of 1 million active users. FirstMobile as part...

Senate asks NCC to stop planned data tariff increase

The senate has asked the Nigeria Communication Commission (NCC) to immediately halt the proposed increase in data tariffs. In a letter to the big...

CBN insists on bank-led mobile banking

The Central Bank of Nigeria (CBN) has reaffirmed its preference for a bank-led digital financial services rather than what is obtained in other climes...

Nigeria to save N2 Billion annually from Internet hosting

The Executive Vice-Chairman, Nigerian Communications Commission, Prof. Umaru Danbatta, has said that the nation will save at least N2 billion annually if the recent...

NCC suspends data price hike

The Nigerian Communications Commission has suspended its directive to mobile network operators to increase the price of data. According to the NCC, the decision...

WhatsApp postpones break-up with Blackberry users

WhatsApp will no longer be available on Blackberry devices from June 30, 2017. Although this serves as a setback for the struggling Blackberry, it...

N330bn fine forces MTN to sell bonds

MTN Group Limited is currently seeking fresh funds through the sale of bonds to offset a N330 billion ($1bn) Nigerian fine, pay dividends and...

Sterling Bank Upgrades IT Infrastructure to Temenos

The software specialist to Sterling Bank Plc, Temenos, has announced the successful completion of the bank IT transformations that has gone live with Temenos...

Pre-registered SIM sale: NCC may sanction MTN, Etilsalat

The Nigerian Communications Commission on Tuesday raided some strategic locations in the Federal Capital Territory where active preregistered SIM cards were being sold by...

MTN sets aside N119bn for NCC fine, mulls NSE listing

Executive Chairman, MTN Group, South Africa, Phuthuma Nhleko, said on Thursday that the company has set aside N118.8 billion (about $600 million) to cover...

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SEC Holds International Commodities Conference March 16,17

In a bid to further deepen the capital market and have a vibrant commodities exchange, the securities and Exchange Commission, SEC, is to...

CBN Clarifies Operation of Domiciliary Accounts

The Central Bank of Nigeria (CBN) has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria.

Dangote boosts south East economy with N63billion investment in ANAMMACO

Dangote Group has in the last five years invested over N63bn in the South East with the purchase of over 3,500 units of locally...