Facebook hits $1 trillion valuation

Social media giant, Facebook, has hit a $1 trillion valuation, following a dismissal of two antitrust lawsuits against the company. Facebook’s stock closed higher on Monday at $355.64 per share which contributed to the trillion-dollar valuation, Business Insider reported. The rise came after a United States court dismissed complaints by the Federal […]

GCR upgrades MTN credit ratings

Global Credit Ratings has upgraded the national scale long-term issuer rating of MTN Nigeria Communications Plc. MTN Nigeria, in a statement on Tuesday by the Company Secretary, Uto Ukpanah, said, “In addition, GCR upgraded the national scale long-term rating of the recently concluded N110bn Series 1 Senior Unsecured Bond to […]

Firm gets fintech services licence from SEC

Chaka Technologies Limited says it has received approval from the Securities and Exchange Commission to offer fintech services in the Nigerian capital market. The company’s platform, Chaka, provides technology services, marketing, customer service, and operations to brokers on behalf of their customers. According to a statement, the platform was granted […]

Facebook Partners Cybersafe Foundation to provide online safety tips for parents.

Facebook, in collaboration with Cybersafe Foundation, a leading non-governmental organization in the information security ecosystem in Nigeria, recently hosted a parents roundtable event designed to gather insights on the kind of safety tips parents need; determine how they would like to receive these tips and equip them with digital skills […]

Chaka Receives SEC’s first Fintech License

… reinforces commitment to regulatory compliance and transparency Lagos, Nigeria, June 2021 – Digital Investment Platform, Chaka, is pleased to announce its recent acquisition of the Digital Sub-Broker/Sub-Broker Serving Multiple Brokers through a Digital Platform License by the Securities Exchange Commission of Nigeria (SEC), in line with its measures to […]