The first quarter of 2022 saw a fall in YouTube ad revenue, which rose 46 percent for the full year 2021. YouTube advertising sales increased 14% in the first three months of 2022, to $6.87 billion, below Wall Street projections by more than $600 million and signaling a significant slowdown […]
FinTech
The Nigeria Computer Society (NCS), the umbrella organization for all information technology (IT) professionals in Nigeria, has urged for the creation of IT departments in federal, state, and local government Ministries, Departments, and Agencies (MDAs). During a conversation with news journalists in Lagos, Professor Adesina Sodiya, President of NCS, emphasized […]
In support of Nigeria’s digital transformation program, the Nigerian Communications Commission (NCC) and Google Global Services Nigeria have stated their commitment to collaborate in order to achieve the national targets for ubiquitous broadband connectivity. This is in line with NCC’s strategic vision plan, which focuses on strategic partnerships and collaboration […]
The Nigerian Communications Commission (NCC) has emphasized the importance of telecommunications users in Nigeria ensuring effective infrastructure protection. At a sensitization workshop held in Wannune, Tarka Local Government Area, Benue State, the Commission stated that it is critical to maintain and improve the quality of service delivery by service providers. […]
A crypto exchange company headquartered in London, Luno, said it has now onboarded 10 million crypto users onto its platform. This milestone, means the company acquired 3 million users between last April—when it reached 7 million users—and now. This new number validates the increase of global adoption of crypto in […]
As a bridge between cash and digital, the company schedules appointments to grow its business. As it turns into an omni-channel payment platform giving tools to help businesses flourish, Kudi, an African Financial Technology Company, has changed its name to Nomba. The company has expanded its offerings to include simple […]
In Nigeria, as well as the rest of Africa, there is no scarcity of digital banks. These fintechs believe that now is the appropriate time to deliver financial services to every market category, from the banked to the unbanked, as the region continues to experience tremendous rise in mobile usage […]
In the 2022 PricewaterhouseCoopers’ Central Bank Digital Currency (CBDC) Global Index, the eNaira of the Central Bank of Nigeria and the Sand Dollar of the Bahamas led the retail project indexes of central banks internationally. The PwC index, titled “The Race to Digital Money,” analyzes and rates the leading retail […]
MTN Nigeria informed the Nigeria Exchange Group today that the Central Bank of Nigeria has given it final approval to operate Momo Payment Service Bank Ltd. MTN revealed in a corporate declaration submitted by company secretary Uto Ukpanah that the CBN gave final approval in a letter dated April 8, […]
Temitope Ogunsemo, a Nigerian entrepreneur and the creator of Krystal Digital Solutions Limited, has been named to Forbes Africa Undiscovered Series for Nigeria, as part of an elite selection of Nigerians who have played a key role in rebuilding and contributing to the country’s current growth story. Forbes Africa looks […]
