With its newly acquired licence, the firm is set to offer a broad suite of financial solutions, including funds management, advisory services, and loan products such as asset loans, MSME support, payday loans, and education financing.
Investigations show the site offers investors unusually high returns with minimal risk, while depending heavily on a referral structure to pay users.
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.
Themed “Galvanising MSMEs for Economic Growth and Stability,” this year’s edition focuses on enhancing business resilience, streamlining regulatory processes, and promoting financial inclusion.
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.”
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
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’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.
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.
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
With its newly acquired licence, the firm is set to offer a broad suite of financial solutions, including funds management, advisory services, and loan products such as asset loans, MSME support, payday loans, and education financing.
Investigations show the site offers investors unusually high returns with minimal risk, while depending heavily on a referral structure to pay users.
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.
Themed “Galvanising MSMEs for Economic Growth and Stability,” this year’s edition focuses on enhancing business resilience, streamlining regulatory processes, and promoting financial inclusion.
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.”
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
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’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.
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.
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
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