Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the Central of Nigeria has disclosed. Withdrawals from these accounts will only be possible by transfer or through a manager’s cheque, the apex bank explained. ...
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Feed SubscriptionAirtel Africa’s Subscribers Hit 150m
The telecom company, Airtel Africa said, its subscriber base has grown to 150 million, giving them access to dependable, superior digital and mobile money services. Led by the purpose of transforming lives, connecting 150 million customers is a significant milestone ...
Read More »Digital Innovative Forum Supports Umo Eno’s Govt
…On Digital Akwa Ibom Projects …Presents Inauguration, Award/Recognition, etc Sunday By Inemesit Amos A Digital Innovative Forum (DIF), a subsidiary of GT Technologies Limited in partnership with Prou Education and Ephafresh Foundation is staging an empowerment programme for youths and ...
Read More »MTN Nigeria Raises N72.1bn Via CP
MTN Nigeria Communications (MTNN), said it has raised N72.1 billion through its 266-day commercial paper (CP). The company, in a notice on the Nigerian Exchange said: “MTN Nigeria Communications hereby notifies the investing public of the successful completion of its ...
Read More »OpenAI Makes U-turn, Returns Altman As CEO, Appoints New Board
Popular ChatGPT company, OpenAI, has made a U-turn by returning its co-founder, Sam Altman, as its chief executive officer (CEO) with a constitution of a new board. Just last Friday, OpenAI announced the disengagement of Altman from the Artificial Intelligence ...
Read More »Telecom Firms Worry Over N200bn USSD Debt, 52 Taxes
Telecom companies in Nigeria have decried the N200 billion debt owed by the banks for the Unstructured Supplementary Service Data (USSD) provided by telecom operators. According to them, the debt, coupled with the 52 taxes, could cripple their operation in ...
Read More »MTN Reviews Tower Contracts Due To FX, Fuel Cost
MTN Nigeria is in the process of renegotiating periodic reviews of the company’s tower contracts. The firm noted that these contract renegotiations are important in mitigating the impact of forex liberalisation and higher energy costs. The firm stated this against the ...
Read More »FG Partners AI Tech Company For Learning Efficiency
Federal government is partnering with Anthology, a notable Artificial Intelligence (AI) tech company in the world, on blackboard technology, to aid learning efficiency. The minister of education, Prof Tahir Mamman, while receiving in his office, the Anthology delegation in Abuja ...
Read More »Banks’ USSD Debt To Telcos Hits N200bn
Banks now owe telecommunication firms N200bn for Unstructured Supplementary Service Data services. This is following a slowing of negotiations between the banks and telcos. Telecom operators disclosed this on Thursday at the Nigerian Communications Commission industry interactive session with the ...
Read More »Fintech Startup Plans Borderless Payment Platform In Nigeria
Due Network, a next-gen fintech startup, has announced plans to launch its global payment platform in Nigeria. The solution offers borderless multi-currency accounts, enabling seamless international money movement for businesses and individuals alike. Due currently provides over 50 markets with ...
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