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Vodacom, MTN seal deal to enter Ethiopia
Ethiopia has received bids for telecommunications licences from MTN Group and a consortium led by Vodafone Group, according to Brook Taye, an adviser in the finance ministry. “We always wanted quality…
Proposed New Measures by The African Telecommunications Union and Ericsson Set to Expand Africa’s ICT Space
African Countries and telecommunications stakeholders have today launched the first set of ATU spectrum recommendations that focus on transforming Africa into a knowledge economy through the development of technologies that…
World Bank tasks Nigeria Governors on digital tax collection
The World Bank has advised Governors to adopt a digital tax collection method to reduce revenue leakage and borrowing from international financial institutions. The country representative of the World Bank…
Access Bank acquires BancABC Botswana
MD, Access Bank, Herbert Wigwe By Ngozi Onyeakusi --- Access Bank, Nigeria’s biggest lender by customer base, says it has entered into a definitive and binding agreement with ABC Holdings regarding…
Premium Pension investment assets soars to N674 billion
A pension fund administrator (PFA), Premium Pension Limited, has recorded an assets under management (AUM) growth to billion last year, from billion in 2019. This was disclosed by the chairman,…
Oil firms borrowed N130bn from banks in February– CBN
CBN Governor, Emefiele Operators in the downstream, natural gas and crude oil refining sectors of the Nigerian oil and gas industry borrowed N130bn from Nigerian banks in February amid the…
Eight repentant militants, kidnappers turn pastors in OPM Church
No fewer than eight repentant Niger Delta militants and kidnappers undergoing rehabilitation in the Omega Power Ministries (OPM) rehabilitation centre, are now pastors in the church, General Overseer, Apostle Chibuzor…
Insurers need to increase reinsurance process efficiency: Sequel
By Matt Sheehan---- Analysts at Sequel have argued that insurers need to rethink their “highly inefficient approach” to reinsurance buying, alongside the release of the latest version of the Sequel Re…
FirstBank Launches New Corporate Website, Reiterates its Commitment to Service Delivery
Ngozi Onyeakusi----FirstBank, Nigeria and indeed West Africa’s premier financial inclusion services provider has announced the launch of its newly designed website at The new website is upgraded with features that…
N60b March FAAC Support Controversy: Emefiele takes a swipe at Obaseki, says giving colouration to “printing money” is inappropriate
CBN Governor, Emefiele Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele has, in a veiled response, described as inappropriate the colouration given to the concept of printing of…