Financial institutions like the commercial banks are one of the major choices for savings aside contribution and thrift schemes. But one of the major concerns of Nigerian savers is that these banks offer relatively lower interest rates compared to when they give loans. According to a one-stop comprehensive reference for international financing and investment —… Read more Online savings platforms that offer higher interest rates than your bank in Nigeria
Just recently, we reported that Teleology had acquired 9mobile with the payment of a $50 million non-refundable deposit required. But more recent news is giving the acquisition process a new tune. Aside Teleology, another telco that placed a bid for the acquisition was Smile Communications with $300 million against Teleology’s $500 million. The Nigerian Communications Commission… Read more What is the Nigerian government’s interest in 9mobile’s acquisition?