Shift from cash to cashless banking fired up cybercrime worldwide—Nkrumah
Clear explanation has emerged on the skyrocketing jump in the activities of cyber fraudsters, who now use advanced technologies to try and hack into the database of institutions in order to steal funds. This analogy was given by Ghanaian Head…
AfDB approves $5m grant to scale up TEFEP in Africa
The Board of Directors of the African Development Bank (AfDB) has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme (TEFEP) to scale up its outreach and impact to 1,000 select youth entrepreneurs in the…
KongaPay gaining traction with ATM card-less withdrawal, USSD features
Emerging indigenous e-Commerce giant, Konga has recorded yet another feat with the roll-out of card-less withdrawal and unstructured supplementary service data (USSD) features on its payment platform, KongaPay. KongaPay is a secured payment platform licensed by the Central Bank of…
Communication service tax may upturn achievements in Nigeria—GSMA
The ongoing legislation by the National Assembly to introduce nine per cent Communication Service Tax (CST) in Nigeria, has continued to elicit mixed reactions from industry stakeholders both within and outside Nigeria. Weekend, leading global telecoms industry watchdog, the Global…
‘Multiple taxes, low load factor to deny Nigeria, African carriers $200m in 2020’
Latest Global Aviation Outlook Report published Monday by the International Air Transport Association (IATA), has pointed out two key factors that will deny African airlines sizable chunk of projected global net profit of $29.3 billion in 2020. IATA, the clearing…
Discos’ achieving revenue targets on estimated billing killing MAP scheme
Contrary to the mindset created by electricity Distribution Companies (Discos) that paucity of fund is derailing speed in the delivery of prepaid meters to Nigerian electricity consumers’ across the nation, an expert has disclosed that setting and achieving of revenue…
Five factors that will make or mar brewing sub-sector in 2020
Fresh outlook for the Nigerian Consumer Goods Sector, with a key focus on the Brewers by Cordros Securities has identified four factors that will shape the Nigerian brewing industry from next year. In a new report made available to our…
Like Lagos, Imo begins sanitization of outdoor advertising, sets up IMSAA
The recent signing into law of the Imo Signage and Advertisement Agency (IMSAA) by the Imo State Governor, Rt. Hon. Emeka Ihedioha, on Wednesday 4 December 2019, has ushered in yet another vista in the number of economic recovery drive…
