MTN customers in Nigeria now have alternative electronic payment platforms to recharge their phones as the mobile network operator on Saturday announced that customers can recharge airtime through payment solutions platforms such as Flutterwave, Jumia Pay, OPay, Kuda, Carbon and BillsnPay for customers to recharge virtually. MTN in a statement …
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Why We Shutdown Shoprite Stores In Nigeria – Workers
Shoprite workers at Lugbe, Abuja, on Friday, embarked on another round of protest, shutting down the company over a row with the management. https://www.youtube.com/watch?v=4587DDddXJw Cherish Ogenyi, the unit chairman and coordinator of the northern region of the National Union of Shop and Distributive Employees (NUSDE), an affiliate of the Nigerian …
Read More »Dapo Abiodun: SAPZ Will Push Ogun Industrialization Agenda To The World
Governor Dapo Abiodun of Ogun State has disclosed that, the implementation of the Special Agro-Industrial Processing Zone (SAPZ) would push the Industrialization agenda of the state to the world. Abiodun stated this after an appraisal session with development partners African Development Bank (AfDB) and International Fund for Agriculture (IFAD) recently. …
Read More »Shoprite Workers Embark On Protests In Ibadan, Shut Down Company Indefinitely
Shoprite workers at Ring Road branch, Ibadan, on Friday, embarked on another round of protest, shutting down the company indefinitely. The workers, under the aegis of National Union of Shop and Distributive Employees (NUSDE), vowed that the company would remain shut until management acceded to their demands. The chairman, NUSDE, …
Read More »FG Intervenes As MTN, Banks Trade Blame Over Shutdown
The Nigerian government says it has intervened in a feud between Nigerian banks and MTN, which left millions of phone users unable to buy airtime Friday. Talks to resolve a row over the sharing of fees on airtime sales between the two sides “reached an advanced stage” for suspended services …
Read More »CBN Suspends All Loans To NIRSAL As Corruption Scandal Rocks Anchor Borrowers,
CBN suspends all loans to NIRSAL as corruption scandal rocks Anchor Borrowers, CEO Abdulhameed The Central Bank of Nigeria has halted all further disbursements to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL),Newsextra24 can report, amidst widespread allegations of corruption. The agency’s flagship Anchor Borrowers’ Programme and its …
Read More »NIN: TELCOs Record 11.8 Million Loss Of Internet Subscribers In 4 Months
Broadband penetration in Nigeria has been on a free fall since November last year. According to the recently released industry stats, broadband penetration fell to 42% in February, its lowest in the last 6 months. The drop was compounded by the reduction in subscriptions caused by the Nigerian Communications Commission’s …
Read More »Mediatek Dethrones Qualcomm To Become World’s Biggest Smartphone Chipset Vendor
Qualcomm seems to have been dethroned as the number one smartphone chip supplier in the world, now that last year’s numbers have come out. According to an Omdia report (noted by DigiTimes), MediaTek—a Taiwanese fabless semiconductor company—managed to ship out 351.8 million units during the whole of 2020, overtaking the …
Read More »Access Bank Acquires Grobank, South African Bank
The South African acquisition is its third in eight months, having taken over Kenya’s Transnational Bank in July and Zambia-based Cavmont Bank in January. Access Bank paid about $60 million to purchase a controlling interest in South Africa’s 74-year-old Grobank, its CEO said Tuesday, signalling the culmination of the tier …
Read More »Yonov Agah, 3 Others: WTO Pays Tribute To Outgoing Deputy Directors-general
The World Trade Organisation (WTO) is the only International Organisation dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible between nations. WTO Director-General (DG), Dr. Ngozi Okonjo-Iweala assumed office on March 1st 2021, as the first …
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