MTN's strategic focus on enhancing the quality of its ecosystem resulted in a decline in active wallets, according to its unaudited financial numbers for Q1 2025.
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US leads, others follow on list of 10 countries with most billionaires in 2025
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No more 38k: Elon Musk’s Starlink increases subscription cost, announces new price
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Dangote cement releases impressive result as price changes in the market
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Tinubu approves as Nigeria moves to host AU MSME Forum
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NERC issues new instruction to DisCos over metre refund to consumers
NDIC lists 20 failed banks, offers to pay depositors 100% liquidation dividends
The Nigeria Deposit Insurance Corporation (NDIC) has said it will reimburse 100% to depositors of 20 failed banks who provide critical documentation.
FG set to launch e-visa system in Nigeria after scrapping visa-on-arrival policy
According to Ministers of Interior Olubunmi Tunji-Ojo and Aviation and Aerospace Development Festus Keyamo, the e-via=sa system is set to start on May 1.
Businesses owned by Pascal Dozie, Nigeria’s banking mogul who passed on at 86
On Tuesday, April 8, 2025, Nigeria lamented the passing of Pascal Dozie, one of the most important figures in the country's communications and finance industries.
FCMB announces big profit, shares plan to meet new capital requirements
According to financial statements posted on the NGX, FCMB declared a profit before taxes of N111.9 bn for the fiscal year that ended on Dec 31, 2024.
Opay, Palmpay, Moniepoint, other mobile money operators process $1.68 trillion in one year
GSMA's State of the Industry Report on Mobile Money has revealed that mobile money operators processed about 108 billion transactions valued at $1.68trn.
EFCC arrests suspect buying bank account details as Fraudsters steal N52 billion from Nigerian banks
Olawole Sunday, a suspected fraudster who specialized in buying bank account details from people to defraud gullible members of the public, was arrested by the EFCC.
FG finally restructures electricity industry, announces transmission company’s new model
The FG has taken a significant step in modernizing the country's electrical industry with the division of the Transmission Company of Nigeria into two businesses.
Transporters adjust fares amid reduction in fuel prices nationwide
Passengers have lamented the rise in transport costs across Nigeria, with intercity fares rising t N7,000 from N3,000 despite the crash in fuel prices.
Billionaire Abdulsamad Rabiu set to build large refinery in Nigeria
To build a cutting-edge palm oil refinery, the Swedish business Alfa Laval's Food & Water Division partnered with Nigerian billionaire Abdul Samad Rabiu's BUA Group.
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