MTN Nigeria officially launches mobile money operations

MTN will today officially launch mobile money, MoMo, operations in Nigeria, its biggest market and Africa’s most populous nation. Mobile Money schemes across Africa typically help...

Egyptian transport startup Swvl sees profit by 2024

(Reuters) Transport start-up Swvl, based in Dubai and Cairo, expects to turn its first profit in 2024 as it expands into new countries, its chief financial...

Nigeria’s banking industry remains resilient with good fundamentals

As at the last Monetary Policy Committee (MPC) meeting in May 2020, the Nigerian banking industry remained resilient with relatively good fundamentals, according to Adamu,...