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Nigeria grants 25 Mobile Virtual Network Operators licenses

The Nigerian Communications Authority (NCC) has granted Mobile Virtual Network Operators (MVNO) licenses to some 25 companies, setting the tone for MVNO operations in the largest West African country. The licenses come almost two years after the NCC first announced plans to license MVNOs in the country to further deepen…
Umar Danbatta Briclinks Africa Plc Asel Telecom Nigeria Siu Telecommunications Network Consortium Nigeria Paribas Communication

SMEs fundraised N100m on monieworx through regulation crowdfunding -

Formal SMEs number 40 million in Nigeria, contribute 84% of total employment, 45% of GDP but just 8% of exports and tax collections by the Federal Inland Revenue Service (FIRS) according to a recent joint report by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the National Bureau of Statistics (NBS).
Abubakar Maibe Eunice Adeyemi Titus Akintola Mali Yakubu Lanre Showunmi Revenue Service

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monieworx enables 3 SMEs raise N100M in 10 days through regulation crowdfunding

Obelix 4.1.1 Alternative Finance Limited (Obelix), Nigeria’s SEC-regulated Crowdfunding Intermediary, today announced that it has fundraised N100 million from 9,324 registered small-ticket retail investors for 3 promising small and medium enterprises in just 10 days, thus successfully pioneering an alternative way of raising badly-needed cash for SMEs operating in Nigeria.…
Abubakar Maibe Eunice Adeyemi Titus Akintola Mali Yakubu Lanre Showunmi Revenue Service

Obelix 4.1.1 Alternative Finance Limited (Obelix): monieworx® enables 3 SMEs raise ?100M in 10 days through regulation crowdfunding, Nigeria's first Community investing by small-ticket retail investors in alternatives goes mainstream in Africa

VICTORIA ISLAND, Lagos, Feb. 15, 2023 /PRNewswire/ -- Obelix 4.1.1 Alternative Finance Limited (Obelix), Nigeria's SEC-regulated Crowdfunding Intermediary, today announced that it has fundraised
Victoria Island Dennis Riedl Abubakar Maibe Eunice Adeyemi Titus Akintola Prnewswire Obelix

monieworx® enables 3 SMEs raise ₦100M in 10 days through regulation crowdfunding, Nigeria's first Community investing by small-ticket retail investors in alternatives goes mainstream in Africa

/PRNewswire/ -- Obelix 4.1.1 Alternative Finance Limited (Obelix), Nigerias SEC-regulated Crowdfunding Intermediary, today announced that it has fundraised...
Victoria Island Abubakar Maibe Eunice Adeyemi Titus Akintola Prnewswire Obelix Mali Yakubu

Monieworxenables 3 SMEs raise N100M in 10 days through regulation crowdfunding

Obelix 4.1.1 Alternative Finance Limited (Obelix), Nigeria’s SEC-regulated Crowdfunding Intermediary, today announced that it has fundraised N100 million from 9,324 registered small-ticket retail investors for 3 promising small and medium enterprises in just 10 days, thus successfully pioneering an alternative way of raising badly-needed cash for SMEs operating in Nigeria.…
Abubakar Maibe Eunice Adeyemi Titus Akintola Mali Yakubu Lanre Showunmi Revenue Service

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