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MTN Nigeria’s Mobile Money (MoMo) service ballooned in the year ended December 2020, as the mobile operator drives its fintech business in Africa’s most populous nation. The telco, which has been seeking to reposition itself and push into new sources of revenue, recorded increased uptake in its fintech business, which includes MoMo, insurance, airtime lending...

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Over 37.2 million MTN subscribers in Nigeria (representing 48.7% of the company’s subscriber base) have submitted their National Identification Numbers (NINs). This is according to the company’s results for the financial year ended 31 December 2020. CEO Ferdi Moolman reiterated the telco’s position regarding the Nigerian Communications Commission (NCC) directive regarding SIM registration. “In view...

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Announced in March 2020, Espresso’s technological leap will finally materialize in Senegal. The recent threats from the telecoms regulator seem to have brought the telecoms operator out of its torpor. After several months of negotiations, the mobile telephone operator Expresso Senegal, a subsidiary of the Sudatel telecoms group, finally obtained the agreement of the Post and...

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The restrictions induced by Covid-19 in Nigeria have sparked a surge in telecommunications consumption in 2020. The effects of this bulimia are being felt on the national economy. Nigeria’s National Bureau of Statistics (NBS), in its “Nigerian Gross Domestic Product Report (Q4 & Full Year 2020)” published this February, reveals that the telecommunications sector accounted...

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The Chief Executive Officer of 9mobile, Alan Sinfield, has said his company will support the ‘Smart City’ initiative of the Lagos State Government. Sinfield at a panel session, Digital Transformation Solutions for Smart Cities at the Lagos State Economic Summit – Ehingbeti 2021, noted the significance of the Smart City Masterplan of Lagos State and...