Access, convenience biggest contributors to fintech adoption in Nigeria
Saviour Adugba
October 13, 2020
Saviour Adugba Access and convenience are the two most important drivers of fintech adoption in Nigeria, a report by McKinsey & Company, the business advisory and consulting firm has stated. There is also a growing trust in fintech because of the participation of mobile network operators, the growth of agent networks, transparency in pricing, customer […]
Significant shift from cash to digital payments a gradual process, say Flutterwave executives
Saviour AdugbaSeptember 30, 2020
In a lot of ways, the COVID-19 pandemic has thrust forward the importance of online and digital payments and brought to more public familiarity technology payment facilitating companies. Flutterwave, one of the leaders in the payment technology space in Africa, helps provide banks and businesses with seamless and secure payment experiences for their customers “We’ve […]
How Covid-19 spurs growth in MNO’s revenues, e-banking usage
Omobayo AzeezMarch 23, 2020
By Omobayo Azeez Fear emanating from the swift spread of deadly coronavirus disease (Covid-19) may have spurred increase in spend on some telecoms services and adoption of electronic banking systems among Nigerians. Although, some telecommunications companies and banks have been exposed to the negative impacts of the pandemic through channels such as the Nigerian Stock […]
FG’s digital economy agenda on track, Pantami assures
Omobayo AzeezMarch 11, 2020
…As NCC, partners commence capacity building on ICT regulation By Omobayo Azeez The National Digital Economy Policy and Strategy (NDEPS) unveiled by President Muhammadu Buhari on November 28, 2019, is well-conceived and on track, Isa Pantami, minister of communications and digital economy has said. He added that the digital economy agenda was built on objectives […]
N10.3trn e-transact: Experts caution against obastacle in January
Omobayo AzeezMarch 10, 2020
Say GDP benefits as money velocity rises By Omobayo Azeez Following disclosure that electronic payment transaction hit N10.3 trillion in January 2020, experts have commended growing e-payment adoption in Nigeria even as they cautioned against obstacles. They hinted that growing adoption calls for intensified education and orientation of users, deployment of more infrastructures, improvement of […]
Amazon to aid Chileans astronomers with crunch data
Afolabi OluwaseunApril 16, 2019
Amazon Web Services, a unit of Amazon.com Inc, said it will help astronomers in Chile crunch huge troves of data using its cloud computing services, a symbolically important step for the retail-to-entertainment giant as it looks to expand in Latin America. Amazon will store data and night-sky images gleaned from telescopes in Chile’s nearly cloudless […]
T-Mobile launches home broadband, disrupt cable industry
Oluwaseun AfolabiMarch 27, 2019
Oluwaseun Afolabi, with agency report T-Mobile US, Inc. has launched a pilot home broadband Internet service for rural and underserved markets to disrupt the cable industry. The digital barriers between wireless telecom and cable firms seem to blur with a consolidated product portfolio, and various companies from these two industries are stepping into each other’s territory […]
Jumia, Xiaomi partner to drive smartphone penetration in Africa
Businessam StaffFebruary 28, 2019
Jumia, Africa’s leading e-commerce platform, has signed an important partnership with technology leader Xiaomi at the Mobile World Congress in Barcelona, giving millions of users in Africa easy access to Xiaomi products. Through the partnership, Jumia will open the Mi official store on its platform and give Xiaomi access to millions of online customers across 14 […]
Konga rolls out fantastic deals to mark its 6th year anniversary
Justice OkamgbaJuly 23, 2018
In line with efforts to commemorate its numerous outstanding strides and innovations in the Nigerian e-commerce eco-system in the past six years of operations, Konga is celebrating customers with a mega promotion tagged “The Big 6.” The week-long promotion, scheduled to run from Monday July 23rd till the end of the month, would see millions […]
OLX releases significant platform upgrade in Nigeria
Businessam StaffMarch 31, 2018
OLX, one of world’s leading trading platform, is launching a brand new, overhauled app and replacing its web and mobile site with a progressive web app (PWA) in an effort to solidify its position in the global market. The changeover will provide new and existing users with an easier, faster, safer and more local way […]