Transfers to mobile money accounts make up 93% of WorldRemit transactions to Kenya now – showing that Kenyans continue to be early adopters of innovative technology, even when abroad NAIROBI, Kenya, March 28, 2017/ — To mark the 10th anniversary of ground-breaking mobile money service M-PESA, WorldRemit (www.WorldRemit.com) has released new data showing that the […]
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Understanding the Current Naira’s Appreciation Against The Dollar And Its Implications
The simple reasons why Naira has appreciated against US Dollar in the past few days are not far fetched. The main reason is the FG's increased earnings of dollars from the sale of increased volume of crude oil following its successful mediation efforts in the Nigeria's delta region.
Call for candidates for the 7th Orange Social Venture Prize in Africa and the Middle East
As in previous years, the OSVPAM will be awarded to innovative projects which make use of information and communication technologies to improve living conditions for the peoples of Africa and the Middle East in fields such as health, finance, education and agriculture PARIS, France, February 28, 2017/ — Applications for the 7th edition of the […]
I charge you to have an entrepreneurial mindset
Listen up! Having an entrepreneurial mindset is not an issue; I guess the foundation should be about having a good understanding of who entrepreneurs are and what entrepreneurship is. Entrepreneurs come in all shapes and sizes, some with amazing inventions and impeccable innovations others with tweaked ideas or variations on existing inventions as the case […]
Here’s all you need to know about Nigeria’s 2017 budget of recovery
Recently, President Muhammadu Buhari presented to the joint sessions of Nigeria’s National Assembly the 2017 Appropriation Bill christened ‘Budget of Recovery’. Here is a detail of the content of the bill as analysed. The budget is based on a crude oil benchmark price of $42.50 per barrel, with an output of 2.2 million barrels per […]
GTBank to Reward Mobile Banking Customers with 100k
Foremost financial Institution; Guaranty Trust Bank (GTBank), has launched the #GTBankMobileWin100k competition to reward its mobile banking customers by availing them a chance to win N100,000 weekly in the mBank January rewards. The competition will run throughout the month of January 2016 and ten lucky customers will win N100,000 weekly during the period. To participate […]
Online Transaction Is Safer In Nigeria Says Supermart.ng Co-founder
The Co-CEO of Supermart.ng, Gbolahan Fagbure has said that Nigeria is one of the safest place in the world to shop online. Fagbure who spoke recently with journalists in an interview said that it is only in Nigeria that online transactions are secured with three step authentication. Most nations of the world according to him […]
MoneyGram Launches Account Deposit into Nigeria’s $21 Billion Annual Remittance Market
Customers in key European countries can send money in minutes* directly to most bank accounts in Nigeria LAGOS, Nigeria, December 22, 2015/ — MoneyGram (NASDAQ: MGI) (http://Global.MoneyGram.com) today announced it is the first money transfer company to offer customers in France, Germany, Ireland, Italy and Spain a way to send money to most personal Nigerian […]
Why N5,000 Conditional Cash Transfer Is Urgently Necessary In Nigeria By Kikiowo Ileowo
“It is quite true that man lives by bread alone — when there is no bread. But what happens to man’s desires when there is plenty of bread and when his belly is chronically filled?” (Maslow, 1943, p. 375). So many pundits have advocated reasons why cash transfer to Nigeria’s desperately poor is unnecessary and […]
MCB Equity Fund invests in Partnering Technologies
PORT LOUIS, Mauritius, December 10, 2015/ — MCB Group (http://www.MCB.mu) has invested, via MCB Equity Fund, in Partnering Technologies, a French high-tech printing and robotics business run by Ramesh Caussy, the Mauritian inventor of Diya One, the air purifying robot that has made a real impression at the COP 21 in Paris. Sales of Diya […]