Nigerian telecom – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 28 Nov 2023 15:19:58 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Nigerian telecom – InfoStride News https://www.theinfostride.com 32 32 Fintech Consortium Explores Union Bank Loan Acquisition https://www.theinfostride.com/fintech-consortium-explores-union-bank-loan-acquisition/ https://www.theinfostride.com/fintech-consortium-explores-union-bank-loan-acquisition/#respond Tue, 28 Nov 2023 15:19:58 +0000 https://www.theinfostride.com/?p=362469 A fintech firm with German-Nigerian roots, BFREE, alongside its international financing partners, has recently unveiled discussions about potentially acquiring distressed loan portfolios from Union Bank of Nigeria. The Memorandum of Understanding (MoU) for this prospective acquisition was formalized during the German-Nigerian Business Forum in Berlin. The terms of the MoU outline BFREE and its partners’ [...]

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]]> https://www.theinfostride.com/fintech-consortium-explores-union-bank-loan-acquisition/feed/ 0 Nigerians Splurge N2.6tn on Data and Airtime in 9-Month Data Consumption Frenzy https://www.theinfostride.com/nigerians-splurge-n2-6tn-on-data-and-airtime-in-9-month-data-consumption-frenzy/ https://www.theinfostride.com/nigerians-splurge-n2-6tn-on-data-and-airtime-in-9-month-data-consumption-frenzy/#respond Tue, 28 Nov 2023 15:16:17 +0000 https://www.theinfostride.com/?p=362460 The expenditure on airtime and data by Nigerian telecom subscribers surged to a minimum of N2.59tn in the initial nine months of 2023, as reported by the financial statements of MTN Nigeria and Airtel Africa. This marked a significant 32.57% increase from the N1.95tn recorded by both telcos in the corresponding period of 2022. The [...]

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