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Market Updates

Jazi Bank ‘interested in Nigeria’s broadband’

Jaiz Bank says Nigeria’s ongoing plans to deepen broadband services is of interest to the country’s first Islamic non-interest commercial bank. Because banks now rely on broadband Internet to provide efficient and effective services through seamless connectivity for provision of intra and inter-banking services, efforts by the Nigerian telecoms regulator to deepen access to broadband […]

COVID-19 speeds shift towards digital lifestyles in Nigeria, Sparkle CEO says

Nigeria: PayJoy, smartphone makers lock smartphone finance deals

Technology company, PayJoy Inc and four smartphone makers operating in Nigeria are targeting the consumer finance market for smartphones in the country. PayJoy Inc, a provider of consumer finance to the next billion via smartphones, says it has launched its compatibility program for smartphone original equipment manufacturers (OEMs), starting with agreements with four key smartphone […]

COVID-19 speeds shift towards digital lifestyles in Nigeria, Sparkle CEO says

US tech firm to buy Globacom unit

SS&C Technologies Holdings, a US tech company, says it is acquiring the Investrack business unit of Globacom Technologies, a tech company based in the UAE. The two tech firms say they have entered into a definitive agreement under which SS&C will acquire the Investrack business, through the deal transaction, subject to customary closing conditions is […]

COVID-19 speeds shift towards digital lifestyles in Nigeria, Sparkle CEO says