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Nigerian Banks will get Virtual Network Operators Licenses to Win Mobile Banking
I got the message – the Central Bank of Nigeria allowing commercial banks to operate mobile money wallets without prior approval will not change...
World Telecom Stocks Show Africa is the Growth Region in the Sector
MTN Nigeria now enjoys a market cap of N2.636 trillion ($8.5 billion), clearly more than 20% of the total value of the Nigerian Stock...
Nigeria’s Central Bank Unleashes Banks for Mobile Money
In Nigeria, banks are at the center of gravity for anything financial services: for all you do, you need BVN (bank verification number) and...
UNN Makes Nigeria’s Tesla Electric Car: Lion Ozumba 551 (Photos)
University of Nigeria Nsukka (UNN) has created Nigeria’s first electric car. Yes, the Nigerian version of Tesla. It is called Lion Ozumba 551. UNN...
Forerunner of Facebook Libra, South Africa’s Wala Goes Bankrupt
South Africa’s Wala, a decentralized financial system for emerging market consumers, has gone bankrupt; it was unable to raise follow-up funds. This was a...