In a significant move to further enhance the availability of digital payment services to Nigerians, Moniepoint Inc has announced a strategic partnership with Afrigopay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS), to further enhance the government’s digital payment agenda, by driving tap-to-pay solutions as …
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MoMo Payment Service Bank (MoMo PSB), a leader in digital financial services in Nigeria, recently partnered with Sochitel Group, a global leader in digital prepaid products. This collaboration introduces the Global Duka Gift Card Service within the MoMo PSB Super App, enabling millions of users to make seamless online international …
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Oando Foundation, an independent charity established to support the Nigerian government in achieving its Universal Basic Education goal has reaffirmed its commitment to improving foundational literacy and numeracy in Nigeria with the launch of the Foundational Learning Improvement Programme (LEARNOVATE-FLIP). This pioneering initiative, in collaboration with Teaching at the Right …
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ALX, Africa’s leading tech career accelerator, is celebrating a major win for young African talent as 21 exceptional learners from the ALX Pathway program secure prestigious scholarships from the Mastercard Foundation to pursue further studies at the African Leadership College of Higher Education (ALCHE). Among them, seven outstanding scholars are …
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The Central Bank of Nigeria (CBN) has announced the opening of N650 billion worth of Nigerian Treasury Bills (NTBs) for subscription, signaling a significant move to manage liquidity within the financial system and provide investment opportunities for both institutional and individual investors. The offers are expected to be split across …
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Nigeria’s financial markets are poised for a significant influx of liquidity, with over N3 trillion expected to flood the system in the short term. This substantial liquidity injection is anticipated to have a profound impact on short-term interest rates, which are likely to trend lower as a result. The impending …
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In a bold move aimed at stabilizing fuel prices and protecting consumers, Dangote Refinery has announced a significant reduction in its petrol gantry price to N825 per litre, effective February 27, 2025. According to the compqny, this decision, coupled with a promise to refund customers who are overcharged, signals the …
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Dangote Cement‘s revenue has surged dramatically, climbing a remarkable 62% to reach N3.58 trillion in 2024, a testament to its market strength. According to its financial statement, the company reported a 62% rise in revenue from the N2.21 trillion achieved the previous year while announcing a net profit of N503.2 …
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Dangote Cement Plc has issued an urgent call to its shareholders, revealing that unclaimed dividends have ballooned to a staggering N5.2 billion, as the company reports a significant accumulation of outstanding payments. In its audited financial statement for the year, the company said the unclaimed dividend has increased by about …
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Leading telecommunications company, MTN Nigeria, has been awarded a “B-” in Climate Change and a “C” in Water Security by the global Carbon Disclosure Project (CDP). These scores underscore the telco’s approach to addressing environmental challenges and commitment to transparency in managing climate and water-related risks. The ratings also reflect …
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