Starlink’s Subscription Sparks New Reactions
This isn’t the first time Starlink has tried to raise its subscription cost in Nigeria. Back in October 2024, the company announced a new fee of N75,000 per month.
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NECA Hosts Strategic Fair to Empower MSMEs
Themed “Galvanising MSMEs for Economic Growth and Stability,” this year’s edition focuses on enhancing business resilience, streamlining regulatory processes, and promoting financial inclusion.
GTBank Customers React as SMS Alert Fee Rises
In a notice sent to its customers, GTBank explained that the fee adjustment was necessary due to “a recent increase in telecom rates as communicated by the telecommunication service providers.”
Tinubu Launches ICT Hub to Empower Women, Boost Skills
The state-of-the-art facility, located at Oladipo Alayande School of Science, was built by the National Information Technology Development Agency (NITDA) and delivered under the Renewed Hope Initiative (RHI
Paystack Fined ₦250m as CBN Flags Zap for Licence Breach
Zap, launched in March 2025, was introduced as a peer-to-peer payment tool. However, according to a person familiar with the situation, the CBN believes the app’s structure mimics a deposit-taking service, a feature reserved only for microfinance banks or institutions with a full banking licence.
Lendsqr Uses Face, Voice AI to Rethink Credit Access
Lendsqr’s system begins with a short interview. Rather than submitting documents, borrowers respond to a few questions about their income, job, and repayment plans using either video or voice recordings.
Zenith Bank Surpasses Capital Target, Won’t Seek Extra Funds
This achievement was the result of a highly oversubscribed hybrid offer in January 2025. The offer included a rights issue of over 5.2 billion ordinary shares at N36 per share and a public offer of about 2.8 billion shares at N36.50.
EU-Backed Bank Picks Lagos for West Africa Debut
Nigeria became the 77th shareholder in the EBRD in February 2025. This followed the bank’s carefully phased expansion into sub-Saharan Africa, which was greenlit by its Board of Governors in 2023
Tinubu Backs Dangote’s World Bank Role
The President’s reaction came through a statement by his Special Adviser on Information and Strategy, Bayo Onanuga,
MTN Shutdown in Kogi Sparks Subscriber Stampede
The crisis stems from a four-week-long standoff between MTN Nigeria and the Kogi State Government, resulting in a legal directive to seal off MTN’s operations in the state.
Top on the week
Starlink’s Subscription Sparks New Reactions
This isn’t the first time Starlink has tried to raise its subscription cost in Nigeria. Back in October 2024, the company announced a new fee of N75,000 per month.
NECA Hosts Strategic Fair to Empower MSMEs
Themed “Galvanising MSMEs for Economic Growth and Stability,” this year’s edition focuses on enhancing business resilience, streamlining regulatory processes, and promoting financial inclusion.
GTBank Customers React as SMS Alert Fee Rises
In a notice sent to its customers, GTBank explained that the fee adjustment was necessary due to “a recent increase in telecom rates as communicated by the telecommunication service providers.”
Tinubu Launches ICT Hub to Empower Women, Boost Skills
The state-of-the-art facility, located at Oladipo Alayande School of Science, was built by the National Information Technology Development Agency (NITDA) and delivered under the Renewed Hope Initiative (RHI
Paystack Fined ₦250m as CBN Flags Zap for Licence Breach
Zap, launched in March 2025, was introduced as a peer-to-peer payment tool. However, according to a person familiar with the situation, the CBN believes the app’s structure mimics a deposit-taking service, a feature reserved only for microfinance banks or institutions with a full banking licence.
Lendsqr Uses Face, Voice AI to Rethink Credit Access
Lendsqr’s system begins with a short interview. Rather than submitting documents, borrowers respond to a few questions about their income, job, and repayment plans using either video or voice recordings.
Zenith Bank Surpasses Capital Target, Won’t Seek Extra Funds
This achievement was the result of a highly oversubscribed hybrid offer in January 2025. The offer included a rights issue of over 5.2 billion ordinary shares at N36 per share and a public offer of about 2.8 billion shares at N36.50.
EU-Backed Bank Picks Lagos for West Africa Debut
Nigeria became the 77th shareholder in the EBRD in February 2025. This followed the bank’s carefully phased expansion into sub-Saharan Africa, which was greenlit by its Board of Governors in 2023
Tinubu Backs Dangote’s World Bank Role
The President’s reaction came through a statement by his Special Adviser on Information and Strategy, Bayo Onanuga,
MTN Shutdown in Kogi Sparks Subscriber Stampede
The crisis stems from a four-week-long standoff between MTN Nigeria and the Kogi State Government, resulting in a legal directive to seal off MTN’s operations in the state.
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