Less access points frustrating ATM, POS usage—Experts
Experts in financial inclusion and digital transactions have revealed the reasons behind dwindling usage of payment platforms like Point of Sale (POS) and Automated Teller Machines (ATM) nationwide. Explaining the key reasons causing the hiccups, C-Founder of Lidya Group, Ercin…
CDMA stagnant as active mobile lines jump to 139m million in August
The challenges hobbling the stability of Code Division Multiple Access (CDMA) segment seem unabated as latest telecoms facts and figures rolled out by the regulator the Nigerian Communications Commission (NCC), show that it had 217,566 users in August same with…
Yudala mulls ‘11/11-12/12’ promo to boost market share
Yudala, Nigeria’s pioneer online and offline e-commerce outfit is putting finishing touches to a massive year-end promotion that may end up being the biggest e-commerce marketing campaign in Nigeria this year. Tagged 11/11 –12/12, the promotion will run from November…
NASS gives hint on why Kachukwu’s petition leaked
Uzoma Nkem-Abonta (PDP-Abia), a member of the House Committee on Public Petitions has technically presented a lead to what may have transpired to effect the leakage of the petition written to President Muhammadu Buhari by the embattled Minister of State,…
Budget virement culture’ll mess up NASS credibility—Expert
An economist, Dr. Ken Igboanugo has argued that introducing budget virement into Nigeria’s budgeting system will frustrate yearly budget and further suggest that the National Assembly is nothing but a rubber stamp of the executive arm. In an exclusive interview,…
50m Nigerians have no electricity, but Nigeria plans export to ECOWAS
More irony and twist have emerged in the nation’s power crisis. Just as the Permanent Secretary under the Minister of Power, Mr. Edozien last week revealed that government has concluded plans to sell unevacuated electricity to ECOWAS states, on Tuesday,…
AirFrance KLM flyers to buy from Jumia Nigeria with FlyingBlue miles
A new deal that will allow Nigerian-based flyers registered with AirFrance KLM airline’s Flying Blue loyalty scheme buy goods from Jumia Nigeria using their gained miles was on Tuesday, sealed in Lagos. By design, the understanding will give the airline’s…
Brace up for key roles in maritime industry, Adesoye, Usman urge women
The chairman of Nigerian Ports Authority (NPA) Emmanuel Olajide Adesoye and managing director of the agency, Hadiza Bala-Usman, have charged participants at the on-going conference of professional Women in the Maritime and Port sector of West and Central Africa (PMAWCA)…
Dangote reveals how backward integration did magic in his empire
Leading industrialist and President, Dangote Group, Alhaji Aliko Dangote, has linked his blossoming success stories in commodity and manufacturing spaces to the strategy of backward integration. In his presentation at a public conversation during the Financial Times’ 4th Annual Africa…
Exporters withholding forex proceeds await CBN axe
The Central Bank of Nigeria (CBN) after several warnings has concluded plans to wield the big stick of sanctions to exporters who fail to repatriate foreign exchange (forex) proceeds from their businesses into the economy. Director Banking Supervision at CBN,…
