30 results
- 19 May 2023
Rise in Cyberattacks Worries Capital Market Registrars
The Institute of Capital Market Registrars has expressed concern over the rise in cyberattacks especially in the finance sector globally. Oluseyi Owoturo, the President and Chairman of the Council of…
- 6 Apr 2025
Amid Rising Investor Confidence in Nigeria, Woodhall Capital Foundation Trains Captains of Industry
As business confidence in Nigeria rose to the highest level in 14 months signalling a rising demand for their goods and services, Woodhall Capital International Foundation (WCIF), a subsidiary of…
- 26 May 2019
Gokada Secures Series A Funding of $5.3 Million
Gokada, the Lagos-based on-demand motorcycle taxi app, has secured a Series A fundraise of $5.3 million. Led by Rise Capital with participation from Adventure Capital, First MidWest Group, IC Global…
- 17 Dec 2013
$8m Funding Round for VOD Platform iROKOtv
iROKOtv, the Africa-based movie platform for Nigerian movies, known colloquially as ‘Nollywood’, today announces a funding round of $8 million, led by existing investor Tiger Global, with further…
- 15 Apr 2021
SEC Accuses Operators of Frustrating eDividend Registration
Securities and Exchange Commission (SEC) on Thursday blamed some Capital Market Operators (CMOs) for frustrating the e-dividend mandate process, leading to rise in unclaimed dividends in the capital…
- 8 Jan 2025
Call, Data Tariffs Will Increase - Nigerian Minister, Tijani Declares
Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, has announced that telecom tariffs in Nigeria will soon increase, but not by the 100 percent proposed by Mobile Network…
- 30 Jul 2012
CNSSL Closes Shop in Jos over Insecurity
CNSSL, MTN Nigeria call centre operator, has been forced to close shop in Jos, capital of Plateau state following the rising violence and killings in the state, Nigeria CommunicationsWeek has learnt.…
- 14 May 2018
The Rise Fund Leads $47.5m Series C for Cellulant
The Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth, has announced that it has signed an agreement to acquire a stake in Cellulant, a leading digital payments…
- 5 Aug 2014
iROKOtv Unveils New Content Package for Internet TV Service
iROKOtv.com, the world’s most popular Internet TV platform for African entertainment has unveiled a brand new international content package for its subscribers on the continent, to include TV series…
- 18 Aug 2016
Buhari Says Monetary Policy alone not Enough to Expand Economy
Nigeria will need to combine monetary policies with fiscal and structural policies in order to overcome its worst economic crisis in decades and return to growth, President Muhammadu Buhari said…
- 26 May 2026
Fidelity Bank Hits N434.95bn Revenue in Explosive Q1 Growth Surge
Fidelity Bank Plc recorded 37.9 per cent growth in gross earnings to N434.95 billion in first quarter 2026 as the international commercial bank continued to expand its core banking market share.…
- 10 Mar 2023
NGX Group Aims to Deepen Value in Subsidiaries, Investee Companies
The Nigerian Exchange Group Plc (NGX Group) has disclosed that it would generate increased growth by deepening value creation in its subsidiaries, and associate companies and expand into adjacent…
- 12 Aug 2019
FSDH Seeks Buffers Against Dangers of Easy Money
FSDH Merchant Bank Limited has called on the Federal Government and corporate organisations to implement measures to counter the negative implications of low interest (easy money) regime prevailing…
- 17 Oct 2018
Banks Cut Loans over Fears of 2019 Election
Commercial banks are cutting loans to key sectors of the economy as they pause and watch the direction of next year’s general elections, according to Afrinvest West Africa Limited, an investment and…
- 15 Nov 2021
PenOp Urged to Engage PenCom on Extension as 50% of PFAs Meet Target
Barely six months to the deadline given to Pension Fund Administrators (PFAs) to upgrade their minimum capital from the current N1billion to N5 billion, only 50 per cent of the 22 PFAs have met the…
- 22 Mar 2021
ISN Hosts Funders driving Inclusivity through Gender Lens Investing
As part of a series of activities scheduled to celebrate International Women’s Month, Innovation Support Network would be hosting a Meet the Funders session specifically targeted at promoting Gender…
- 8 Jul 2026
GCR Upgrades FCMB Asset Mgt Rating on Disciplined Liquidity, Consistent Earnings
FCMB Asset Management Limited (FCMBAM), the asset management arm of FCMB Group Plc, has received an upgrade to its national scale long-term and short-term issuer ratings of A(NG) and A1(NG), from…
- 11 Aug 2022
MTN’s Profit up 47 Per Cent
MTN reported a 47 per cent increase in profit for the six months to end of June, with subscribers increasing by almost 6% from a year ago to almost 282 million. It warned of moderate price increases…
- 4 Apr 2016
Worries as N30Bn Debt Threatens Telecom Sector
The telecoms sector already contending with many problems hindering quality of service; may be finally knocked down by the huge interconnect debt profile which is growing by the day, according to…
- 10 Sept 2017
IFC Finds Banks Cut Services in Emerging Markets
International banks are cutting back on the networks they maintain in developing countries, an unintended consequence of global regulatory reforms that could make it harder for businesses to grow and…
- 17 Aug 2016
Nigeria Helped by Low Debt as it Tackles Slump Spending
Nigeria is facing a recession, a plunging currency, inflation at a decade-high and a widening budget deficit. It has one going for it; low debt. That means the West African nation has room to tap…
- 18 Feb 2026
Africa’s Active Data Centres' Capacity on Back Foot, Despite Investment Push
With its meteoric rise in data centre development and it accounting for 20% of the global population, Africa still only has 0.6% of global data centre capacity. This is based on the 2026 Economic…
- 5 Feb 2016
NBS Sees Growth, Increased Spending This Year
Nigeria’s economic growth is forecast to accelerate by 3.8 percent this year driven by the proposed higher expenditure in this year’s budget, according to Bloomberg. The growth according to National…
- 21 Jun 2021
Google Launches 3 New Programmes to Bolster African Innovation and Female Entrepreneurship
Google has renewed its commitment to growing Africa’s startup ecosystem with the announcement of a new Google for Startups Accelerator (GFSA) Africa class, the launch and opening of applications for…
- 9 Jul 2015
Deloitte Report Points Technology, Others Disrupting SSA Power Trends
Deloitte a global brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk…
- 23 Jul 2026
Google Profit Soars to $112bn as AI, Gemini and YouTube Drive Record Growth
Alphabet Inc., Google's parent company, has reported a sharp increase in profits, with net income rising to 112 billion dollars as the technology giant continues to reap returns from its aggressive…
- 28 Apr 2024
The NCC, Telcos and the Tariff Discourse
By Dr. Falade Muritala Adesola The telecoms sector in Nigeria is viewed by some as a model of regulatory excellence. Other African countries often visit Nigeria to study the sector, aiming to…
- 15 May 2024
Edenlife Opens the first Homemade Outlet Store in Oniru, to open 49 more Across the Country
Homemade by Eden, the food retail business of Nigerian home concierge startup, Edenlife has marked a significant step towards National expansion with the launch of its first Outlet store in Oniru,…
- 14 Jun 2016
Banks Mull New Cash Withdrawal Limit of N10,000
Deposit Money Banks (DMBs) in the country are reportedly considering a new regime that may require customers to withdraw not more than N10, 000 across-the counter. Vanguard reported that the DMBs,…
- 6 Jan 2025
Telecom Consumers to Gain from Tariff Update as Airtel Nigeria Prioritizes Enhanced Services
As conversations intensify around tariff adjustments in Nigeria’s telecommunications sector, Airtel Nigeria CEO Dinesh Balsingh has reaffirmed the telecom giant’s commitment to delivering superior…