30 results
- 24 Apr 2026
US Freezes $344m in Crypto Linked to Iran in Major Crackdown
The administration of Donald Trump has frozen $344 million in cryptocurrency allegedly linked to Iran , marking a sharp escalation in financial pressure on Tehran. The move comes amid stalled…
- E-Financial16 Aug 2026
SEC Orders Capital Market Operators to Cut Banking, Business Ties with Iran, DPRK
Securities and Exchange Commission (SEC) has directed all capital market regulated entities to terminate correspondent banking relationships and restrict business dealings involving the Democratic People’s Republic of Korea (DPRK) and Iran.
- 8 Jan 2020
Iran strikes back at US Risk aversion reigns
By Lukman Otunuga, Senior Research Analyst at FXTM, A tidal wave of risk aversion engulfed financial markets on Wednesday, after Iran launched retaliatory missile strikes against US forces in Iraq.…
- 23 Mar 2022
MTN Announces Leadership Changes in Nigeria, Iran and Sudan
MTN Group has announced senior leadership appointments to operating companies in Nigeria, Iran and Sudan, all of them internal candidates, as we focus on executing on our strategy to drive growth,…
- 21 Apr 2026
Karex, World's Top Condom Maker to Hike Prices due to Iran war
Karex, world’s largest condom maker, plans to raise prices by up to 30 percent due to supply disruptions linked to the Iran war. This means that safe sex could get more expensive if the war continues…
- 2 Jan 2025
Iran lift 2-year ban on WhatsApp, Google Play
Iran's reformist government, led by President Masoud Pezeshkian, has lifted the nation's ban on WhatsApp and Google Play, marking an initial step toward reducing internet restrictions for its…
- 13 Jul 2010
Central Bank, Iran, Pakistan Adopt Common Banking Rules
The eight-member developing economies are adopting a common regulatory framework for their banking sectors. Members of the D-8 are Nigeria, Egypt, Malaysia, Turkey, Iran, Bangladesh, Indonesia and…
- 13 Jul 2017
Nigeria, Iran Seek Partnership in Technology
The Nigerian Government and its Iranian counterpart on Thursday expressed their willingness to strengthen partnership in technology. Dr Ogbonnaya Onu, minister of Science and Technology, and the…
- 31 Mar 2026
Nigeria's Oil Jackpot: Brent Hits $100 Amid Iran Chaos – NFP to Rock Markets This Week
By Lukman Otunuga, Head of Market Research, FXTM Oil benchmarks are heading for their best monthly gain since 1990. FXTM Rising concerns over supply shocks as the Strait of Hormuz remained…
- 13 Apr 2026
Week Ahead: Inflation Shock, Iran War Escalation & $100 Oil
By Lukman Otunuga, Head of Market Research, FXTM. The Naira is the second best performing African currency against the dollar year-to-date, only surpassed by the Zambian Kwacha. Lukman Otunuga Its…
- 1 Mar 2026
Iran-Israel-US Conflict and CBN’s FX Gains: A Stress Test for Nigeria’s Monetary Stability
Blaise Udunze At the 304th policy meeting held on Wednesday, the 25th February, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee cut the rate by 50 basis points to 26.5 percent from 27…
- 26 Oct 2009
MTN Appoints Nigerian as CFO in Iran
Mobile Telecommunications Network (MTN) has appointed a Nigerian, Adekunle Awobodu, chief financial officer for MTN IranCell. MTN IranCell has a subscriber base of 19.2 million as at June 2009.…
- 17 Feb 2026
Nigeria Inflation Eases, US–Iran Diplomacy Resumes, Fed’s PCE Gauge Looms Large
By Lukman Otunuga, Senior Market Analyst, FXTM In a welcome development for Nigeria’s economy, inflation unexpectedly slowed in January, with prices rising 15.1% year-on-year. Lukman Otunuga This…
- 4 May 2018
MTN Faces R4.6Bn Repatriation Problem
MTN faces the risk of not being able to repatriate about R4.6billion from Iran if US President Donald Trump persuades his allies in Europe to reimpose sanctions on the Middle Eastern nation,…
- 14 Aug 2026
World Cup, AFCON, Blord saga top Nigeria’s Google searches in 2026
The 2026 FIFA World Cup, Africa Cup of Nations (AFCON), Iran-Israel conflict, and the controversy involving social media activist VeryDarkMan and businessman Blord dominated Google searches by…
- 18 Jun 2018
Ex-Israeli Minister Who Lived in Nigeria Accused of Spying
Gonen Segev, former Israeli cabinet minister with a checkered history of attempted drug smuggling and credit-card fraud has been charged with spying for Iran. Segev reportedly lived in…
- 7 Jul 2015
Emirates to Launch Services to Mashhad
Emirates, a global connector of people, places and economies today announced that it will launch a new service to Mashhad, Iran from 1 September 2015, marking its second gateway into the country.…
- 9 Mar 2026
Nigeria Week Ahead: Equities sink, Oil surpasses $100, CPI in focus
By Matthew Anthony, Senior Market Analyst- Africa Oil prices spiked to just above $120 over the weekend as escalations of the Israel -US-Iran war intensified, with key energy installations targeted.…
- 20 May 2026
Telcos in Nigeria, other Emerging Markets Squeezed by Diesel Crisis
The blockade of the Strait of Hormuz caused by the US and Israel’s war with Iran is placing fresh pressure on emerging market telecom operators, many of which remain heavily reliant on diesel…
- 7 Apr 2026
From Import Dependency to Local Capacity: Nigeria's Tech Manufacturing Journey
The recent escalation in the US-Israel conflict with Iran has delivered a sharp reminder of Nigeria's economic vulnerability. As oil prices surged past $100 per barrel and fuel costs climbed by 35%…
- 1 Apr 2026
Alleged Drone Strikes on AWS Data Centres Raise Concerns Over Cloud Infrastructure Security
Reports circulating in tech and security circles have alleged that drone strikes linked to Iran targeted data centre infrastructure belonging to Amazon Web Services (AWS) in the United Arab Emirates…
- 31 Jul 2018
MTN Halts $750m Fibre Plan over US Economic Sanctions
MTN Group Ltd.’s $750 million plan to extend fiber-home broadband connections to Iranian cities has been put on hold because of looming economic sanctions imposed by U.S. President Donald Trump.…
- 20 Sept 2019
Twitter Closes Thousands of Fake News Accounts Worldwide
Twitter said Friday it shut down thousands of accounts worldwide for spreading misinformation, including some artificially amplifying pro-Saudi messaging as part of a regional propaganda war. …
- 2 Nov 2009
Bouyed by Nigerian Operations, MTN Hit 108m Mark
Bolstered by the strong showing of its Nigerian operations, MTN, Africa's largest cellular network added 5 million subscribers to its base in the three months to September, hitting 108 million.…
- 8 Dec 2021
Africa is 2021’s Internet Censorship Hot Spot Report Shows
Africa is the most censorship-intensive region in the world, with 10 countries shutting down its social media this year. This is according to cyber security company Surfshark, which notes social…
- 27 Nov 2013
MTN, Turkcell Fight Over Iranian License
Turkcell, Turkish mobile network, has resumed its stalled legal action against South Africa's MTN over the contentious issue of the Iranian mobile operator license. Turkcell has filed a lawsuit this…
- 9 May 2017
Electronic Card Sees Double-digit Growth in MEA
The number of cards in the hands of consumers in the Middle East and Africa increased 13 percent in 2015, making it the world's fastest growing region, according to Global Payment Cards Data and…
- 10 Jun 2018
Looking Beyond Oil Price Collapse Towards Post Recovery Savings (Part 2)
By Austin Okere I will attempt to share the justification for this projection from the insights expressed by experts at various fora, and my own informed postulations. Depending on which expert you…
- 17 Jun 2020
Huawei CFO Raises New Argument Against US/Canada Case
Meng Wanzhou, Huawei executive, has accused the United States of providing a “grossly inaccurate misleading” summary of evidence to the Canadian court hearing her extradition case, arguing that the…
- 29 Nov 2014
Oil Prices: OPEC No Longer in Charge
The failure of the cartel partners in the Organization of the Petroleum Exporting Countries (OPEC) to agree to a production cut that would put a brake on plummeting crude prices show that the cartel…