NDIC Condolence Visit

The domestic bourse kick-started trading activities for the week...

Dr. Evans Woherem, Chairman of Digital Africa Global Consult...

  “Nigeria’s leading financial institution, Sterling Bank Plc, has reiterated...

Less than a year after opening terminal 1D, Jomo Kenyatta International Airport (JKIA) unveiled its gleaming new International terminal 1A in February of this year. It marked the completion of a significant project which has increased the capacity of the airport by around 2.5 million passengers annually. The recent investments are expected to boost the airport to handle seven million passengers this year compared to 6.5 million last year, making one of Africa’s ten largest airports.

Polaris Bank, in a robust display of its commitment...

The Guild of Corporate Online Publishers (GOCOP) will hold...

The National Insurance Commission as part of its strategic...

The inability of banks and telecom operators to agree on modalities for mobile money operations is hindering the potential of such transactions in Nigeria, compared to the acclaimed success of M-pesa in Kenya. Mobile money transactions need legislations and approvals from both the Central Bank of Nigeria (CBN) which regulates the banking sector and the Nigerian Communications Commission (NCC) that oversees telecom services in the country. Giving an insight into the success of M-Pesa in Kenya at the Commonwealth Broadband Forum 2015 in Abuja, Mr. Joseph Tiampati Musuni, Principal Secretary, Ministry of Information, Communications and Technology, Kenya, said their country experienced a similar Banks-Telcos disagreement at the outset of mobile money services in Kenya. But he added that the government was able to facilitate an amicable and working arrangement between them to pave way for roll-out of the service.