FBNQuest Asset Management, a subsidiary of FBN Holdings Plc, has achieved an impressive A+ rating from Agusto & Co. Limited, a leading Nigerian credit rating agency. The accolade highlights the company’s robust operational framework, exceptional risk management practices, and strong investment capabilities. In its recent report, Agusto & Co. praised […]
Month: January 2025
The Federal Ministry of Agriculture and Food Security (FMAFS), in partnership with the National Identity Management Commission (NIMC), has launched an innovative initiative aimed at enhancing government service delivery and food security. The initiative, which introduces the National Identity Number (NIN) enabled farmer registry and the Government to People (G2P) […]
The Nigerian government has approved a 60% increase in telecom tariffs, a decision that has been awaited by service providers for over a decade. Dr. Bosun Tijani, the Minister of Communications, Innovation, and the Digital Economy, confirmed the changes during a recent announcement. The new rates will see the cost […]
The Managing Director of PalmPay, Chika Nwosu, has highlighted smartphone penetration, improved internet connectivity, and technological innovation as pivotal factors for expanding mobile money access in Nigeria. Speaking during a media engagement at the company’s Lagos headquarters on Friday, January 2025, Nwosu noted that Nigeria’s smartphone penetration is projected to […]
The Nigerian Communications Commission (NCC) has approved the disconnection of nine banks from the Unstructured Supplementary Service Data (USSD) platform over unresolved debts owed to Mobile Network Operators (MNOs). In a statement released by the NCC’s Director of Public Affairs, Mr. Reuben Mouka, the affected banks were given until Monday, […]
The federal government is set to introduce a landmark legislation aimed at safeguarding the telecommunications industry and accelerating the growth of Nigeria’s digital economy. Bosun Tijani, the Minister of Communications and Digital Economy, disclosed this during an interview on Prime Time with Arise Television on Thursday night. He revealed that […]
The Glo Festival of Joy promo continues to thrill subscribers across Nigeria, with another successful draw held in Abuja on Friday, January 17, 2025. The event, which took place at the Gloworld store on Aminu Kano Crescent, Wuse, is part of Globacom’s annual tradition of rewarding and exciting its customers […]
The Nigerian government, in collaboration with the National Information Technology Development Agency (NITDA) and the Nigerian Financial Intelligence Unit (NFIU), has launched a groundbreaking initiative aimed at ensuring the country’s removal from the Financial Action Task Force (FATF) Grey List by May 2025. This move follows a directive from President […]
The United States Supreme Court has ruled unanimously (9-0) to enforce a ban on TikTok starting Sunday unless its Chinese parent company, ByteDance, sells the platform. The ruling comes amidst national security concerns raised by US officials over data privacy and potential access by the Chinese government. However, President Joe […]
MTN Nigeria has achieved a historic milestone by becoming the first Nigerian organisation, the first company in the telecommunications industry, and the first within the MTN Group to earn the Compliance Management System (CMS) certification from the International Accreditation Service (IAS). This globally recognised certification affirms MTN Nigeria’s commitment to […]