Annecto Telecom and Perpetual Communications Limited have announced that PCL has selected Annecto Telecom as its exclusive technical and trading partner to provide voice, data, SMS and VAS aggregation services in Nigeria.
Pharmaceutical company ViaDerma has entered into a $250,000 initial sales agreement with Vage Nigeria Ltd. a brand support company specializing in product sourcing.
Agritech startup, Farmcrowdy, enables UK-based Nigerians to invest in poultry and local farms via mobile phones
UK-based Nigerians are investing in Nigeria’s booming agricultural sector from the comfort of their homes, thanks to one and half year-old, VC-backed agritech platform, Farmcrowdy.
The United Nations Secretary-General has appointed Bola Adesola of Nigeria, Chief Executive Officer and Managing Director of Standard Chartered Nigeria, and Paul Polman of the Netherlands, Chief Executive Officer of Unilever, to serve as the two Vice-Chairs of the Board of the United Nations Global Compact.
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country.
Vodacom Business Nigeria and Intelsat sign agreement to expand broadband connectivity throughout West Africa
Intelsat S.A, operator of the world’s first Globalized Network and a player in integrated satellite solutions, has announced that Vodacom Business Nigeria has signed an agreement for satellite services to expand its enterprise broadband networks.
MTN Nigeria and Huawei have completed commercial deployment of the RuralStar 2.0 solution. The project provides low-cost long-distance voice and mobile broadband services for remote rural areas in Nigeria, helping to connect the unconnected.
Viper Networks Inc. in partnership with Apollo Smart Lights and Apollo INT’L SAL, has completed the first Smart Cities Solution deployment in Africa.
Islamic Corporation for the Development of Private sector signs financing agreements with SunTrust and Wema Banks
The Islamic Corporation for the Development of the Private sector (ICD) and Jaiz Bank, SunTrust Bank and Wema Bank have signed a Line of financing agreements for a $20 million, $10 million and $20 million respectively.
Nigeria’s economy is exiting a painful recession, but policy implementation needs to move quickly and comprehensively to facilitate economic recovery and help the country reap its longer-term potential.