West Africa
The 5 Best Forex Trading Apps for Nigerians
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
ICYMI: Google’s Undersea Cable Finally Lands in Nigeria
Image sourced from Medium. Late last week, Google announced that its Equiano undersea cable, which successfully landed in Togo last month, has arrived in Lagos, Nigeria, marking the cable’s second stop along Africa’s Atlantic coast. Back in 2019, when Google introduced Equiano, the company said that the subsea cable upon completion, will start in western Europe and run along the West Coast of Africa, between Portugal and South Africa, with branching units along the way that can be used to extend connectivity to additional African countries. The technology giant says it is partnering with multiple key telecom players, including its landing party, the West Indian Ocean Cable Company (WIOCC), where Equiano lands to ensure that the cable can reach more businesses and end-users across Nigeria a...
Construction Begins on New $250-Million Hyperscale Data Centre in Lagos
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
Nigerian Insurtech Startup Secures $1.5-Million Pre-Seed Funding
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
MTN Cameroon to Support Camtel to Expand its 4G Coverage
MTN Cameroon and Cameroon Telecommunications (Camtel) have signed a national network roaming agreement on Wednesday which will see Camtel expand 2G/3G and 4G coverage in areas of Cameroon which are not already covered by its network. This is in line with the Cameroonian telecommunication ministry’s transformation objective, which includes initiatives to accelerate citizens’ participation in the digital economy in a cost-effective way. It is also aligned with MTN Group’s Ambition 2025 strategic intent of leading digital solutions for Africa’s progress. “One of MTN Group’s strategic priorities is to build the largest and most valuable platforms, including network as a service,” said MTN Group President and CEO Ralph Mupita. “The roaming agreement with the state-owned Camtel is a significant ...
MTN Nigeria Attains Approval to Operate Mobile Money Bank (MoMo)
MTN Nigeria received approval from the Central Bank of Nigeria on Monday to operate Mobile Money (MoMo). MTN Nigeria’s Mobile Money (MoMo) service has more than 9-million users since it launched in 2019. According to TechCabal, the approval means that MTN Nigeria will be able to provide all the services offered by conventional commercial banks virtually, with the exception of granting credit and processing foreign exchange transactions. “We are grateful to the CBN for granting the final approval to commence the operations of MoMo PSB, which is an important milestone for our Ambition 2025 strategy. We are excited about the opportunity for MTN Nigeria to support the CBN and the Federal Republic of Nigeria in fulfilling the agenda of driving financial inclusion in Nigeria,” MTN Group CEO Ralp...
Paysend Partners with Afrimoney to Enable Transfers to West Africa
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
MTN Nigeria Says it Supports New Government SIM Registration Rules
MTN, the multinational mobile telecommunications company, reassured its Nigerian investors on Wednesday that the country’s SIM registration rules will not have a huge impact on its finances. This comes after the Federal Government ordered all telecommunication operators to bar all SIMs that are not registered with National Identification Number (NIN). The government made this call in 2020 after the country saw an increase in abduction incidents. According to Tech Central, MTN shares tumbled 7.8% in Johannesburg on Tuesday as investors took fright at the decision by the Nigerian Communications Commission (NCC) to order mobile operators in Nigeria to bar outgoing calls from phone numbers not linked to the NIN system. MTN said that its Nigerian subsidiary has made good progress in registering...
Equinix Expands to Africa After Buying Nigerian Data Centre Firm for $320M
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
Telcos Bar 75-Million Unlinked SIMs in Nigeria
Image sourced from Tech Central. On Monday, telecommunication companies in Nigeria heeded the Federal Government’s command to bar every unlinked Subscriber Identification Module (SIM) card without National Identification Number (NIN) on their various networks, in a bid to control insecurity, extortions, and abductions. According to The Guardian, the Federal Government through the Ministry of Communications and Digital Economy had ordered the operators to bar all ongoing calls to unlinked SIM cards in the country. In December 2020, President Muhammadu Buhari ordered that all phone lines be linked to an identification number to help control incidents of abduction in the country. Officials from some telecom operators have confirmed receiving letters from the Nigerian Communications Commission...
What the Global Oil Crisis Means for Africa
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
