Access Bank Plc has signed an agreement with Atlas Mara Limited on a proposed merger between African Banking Corporation Zambia Limited (Atlas Mara Zambia) and Access Bank Zambia Limited. The bank disclosed on Monday in a statement signed by the company secretary, Sunday Ekwochi. This development comes weeks after the bank acquired a majority stake in BancABC Botswana, its fourth acquisition in 2021. Ekwochi said that upon completion of the transaction, the bank is expected to retain or increase its current shareholding in Access Bank Zambia. With the arrangement, the bank said it would have more than 70 branches and…
Author: Our REPORTER
Tradefada is an advanced and easy-to-use Nigerian cryptocurrency mobile application for buying, selling and exchanging Bitcoin. In this brief chat with journalists, the Chief Executive Officer of the cryptocurrency firm, MR. SEUN DANIA highlights what the Nigerian government and other stakeholders need to do to strengthen the digital currencies space.
Barely four months after the launch of its Tier III facility at Appolonia City, Accra, Ghana, MDXi, a MainOne company, has announced the expansion of its data centre facilities in Lekki, Lagos, Nigeria. This expansion tagged “Lekki II” will be the latest addition to the portfolio of MDXi, which is already the leading commercial data centre provider in the region. The new Tier III data centre is being deployed on a very aggressive timeline and with provision for growth using the latest modular data centre technology to deliver unparalleled quality of services to our customers. Gbenga Adegbiji, Chief Operating Officer,…
Cloud Exchange expands its service offerings from systems integration, hybrid cloud infrastructure to Tier IV data centre colocation interconnects and cross-connects, managed network and security, private and public cloud services.
GSMA Research Shows 3.4 Billion People Do Not Use Mobile Internet Despite Living in Areas with Mobile Broadband Coverage
The Series E financing values the global engineering network at $1.5 billion
The Management of 9mobile has declared that its Executive Director of Regulatory and Corporate Affairs, Abdulrahman Ado is not the same as ‘Abdulrrahman’ Ado ‘Musa’ purportedly designated along with others by the United Arab Emirates as terror financiers. 9mobile was reacting Tuesday afternoon to widespread reports that some Nigerians were included on the list said to have been ratified by the Emirate Federal Capital, in which one of the names on the list and which the media has latched on is Abdurrahaman Ado Musa. On Monday, authorities in the United Arab Emirates (UAE) named six Nigerians among 38 individuals and…
Konga, Nigeria’s leading composite e-commerce giant, is set to become one of the biggest employers of labour in Nigeria after unveiling plans to provide meaningful employment opportunities for over 500,000 Nigerians as well as another 500,000 in other African countries by 2025. This development will see Konga not only top the employment charts in the private sector but will also see the company rival government and sub-national entities in terms of employment figures, while also significantly contributing to ameliorating the worrisome unemployment situation in Nigeria and other Africans as it prepares for strategic African expansion. Our correspondent learnt that the…
The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, has urged the Nigerian Communications Commission (NCC) to prepare for immediate and effective implementation of 5G technology deployment in Nigeria. This Minister’s charge is coming on the heels of the recent approval of the National Policy on Fifth Generation (5G) technology deployment in the country by the country’s Federal Executive Council (FEC). Pantami gave the tall order when the Management of the Nigerian Communications Commission, led by its Executive Vice Chairman and Chief Executive Officer (EVC/CEO), Prof. Umar Garba Danbatta, paid him a courtesy visit in his office…
MTN has entered into a mobile money partnership with Africa’s payments technology company, Flutterwave. The partnership will allow businesses integrating Flutterwave in Cameroon, Côte d’Ivoire, Rwanda, Uganda and Zambia to receive payments via MTN Mobile Money (MoMo). MTN MoMo is a fintech platform providing consumers and businesses with an electronic wallet, enabling electronic transfers and payments as well as access to digital and financial services. At the end of June 2021, MTN MoMo had 48.9 million active users and 581,514 merchants and enables businesses to accept and make payments within the mobile money ecosystem. The new partnership will enable Flutterwave…