MTN Appoints Shoyinka Shodunke as Head of IT Core Design and Delivery
MTN Group has appointed Shoyinka Shodunke as Executive: IT Core Design and Delivery, effective March 1, 2026, to drive AI-enabled IT transformation across Africa.
Paystack Terminates Fansted: What It Means for African Startups
Paystack has permanently terminated Fansted, citing a “heightened risk profile.” The move highlights the compliance challenges startups face and the importance of provider-agnostic payment systems.
GTCO Raises N10bn via Private Placement, Issues 125 Million Shares
GTCO has raised N10 billion through a fully subscribed private placement of 125 million shares at N80 each, following approvals from the CBN and SEC.
MTN Nigeria Records 9,218 Fibre Cuts and 211 Vandalised Sites in 2025 Amid Network Challenges
MTN Nigeria recorded 9,218 fibre cut incidents and 211 cases of vandalism in 2025, disrupting services despite a strong financial rebound and return to dividend payments.
FCCPC Begins Enforcement Against Digital Money Lenders That Missed 2025 Compliance Deadline
Nigeria’s FCCPC has launched enforcement actions against digital money lenders that failed to regularise under the 2025 Digital Lending Rules, warning consumers to avoid unregistered platforms.
FG Launches 3MTT National Impact Challenge to Benefit Over 1.8 Million Nigerians
Nigeria’s Federal Government has launched the 3MTT National Impact Challenge to empower over 1.8 million Nigerians in the 3 Million Technical Talent programme, focusing on skills-to-jobs outcomes.
MTN, Airtel Restore Mobile Money Services in Uganda After Seven-Day Shutdown
MTN and Airtel have restored mobile money services in Uganda after a seven-day shutdown imposed ahead of elections, though social media access remains restricted.
NCC Licenses Six New ISPs as Competition Intensifies in Nigeria’s Internet Market
Nigeria’s telecoms regulator, NCC, has licensed six new Internet Service Providers, raising the total to 231 amid rising competition from mobile operators and Starlink.
What the 7.5% VAT on Banking Transactions Really Means for Your Money
Confusion over a 7.5% VAT on banking transactions has sparked concern among Nigerians. Here’s what the VAT actually applies to, what has changed, and what it means for your wallet.
Safaricom to Launch Pay-As-You-Go Fibre Internet Pricing in Kenya
Safaricom plans to roll out pay-as-you-go fibre broadband in Kenya, introducing daily and weekly plans to expand fixed internet access and grow the market to four million homes.
