BUSINESS ROUNDUP: Crude oil trades at $111/barrel; Price of beverages, sweetened drinks to go up; Other stories
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events...
Technology
MTN’s 5G service promises internet speed up to 300mbps from Aug 24
Nigeria’s leading telecommunications firm, MTN is in an aggressive push to launch its 5G services...
National Bank of Rwanda grants Virtual Pay authorisation to operate as a Payment Service Provider (PSP).
Virtual Pay International Limited has been licensed by the National Bank of Rwanda (BNR) to...
eNaira fails to entice merchants, banks
eNaira, Africa’s foremost central bank digital currency (CBDC), is not getting the love it should...
Nigeria Government to charge 5% tax on every airtime purchase, as it looks to repay debts
Starting from June 2022, the federal government will charge a five per cent tax for...
Nigerians made $274.6 billion worth of e-payments in the first 4 months of 2022
Between January and April 2022, Nigerians performed N114.8 trillion ($274.6 billion) worth of electronic transactions....
As Kenya’s 16% VAT on digital transactions takes effect, LinkedIn responds by hiking subscription fees for Kenyan users
LinkedIn users in Kenya will now pay additional membership fees to access special features/services on...
Elon Musk suspends acquisition of Twitter
World’s richest man, Elon Musk, has suspended his Twitter deal over spam and fake accounts...
EA confirm they will no longer make FIFA video games and name change after split
FIFA 23 will be the last edition of the popular video game series helmed by...
Are NFTs the new way to collect art?
The digital world is vastly expanding, and so is the crypto world. With the mega...