Opay, MoniePoint, FirstBank lead agency banking with most PoS agents
Alexander Chiejina
July 11, 2023
By Alexander Chiejina. A recent report on the Nigerian financial serviced market, says Opay and MoniePoint, two fintech organisations, dominate agency banking in Nigeria with the largest number of Point of Sale (PoS) agents. In an agency banking model, financial institutions, banks, and even companies use independent contractors, such as retail establishments, or private citizens, […]
Nokia, Apple sign long-term cross licence agreement
Alexander ChiejinaJuly 11, 2023
By Alexander Chiejina. NOKIA has signed a new patent cross-license agreement with Apple which will replace the current licence that is due to expire at the end of 2023 even as the terms of the agreement remain confidential between the parties, Business A.M. gathered. Jenni Lukander, president of Nokia Technologies, said: “We are delighted to […]
Avanti, Africa’s leading satellite partner, keeps eyes on connecting 871m people
Alexander ChiejinaJuly 11, 2023
By Alexander Chiejina. With market share two times that of its nearest competitor, Avanti Communications has been named the market-leading high-throughput satellite capacity partner in sub-Saharan Africa. It is the second consecutive year that results from the “NSR Satellite Capacity Supply & Demand Analysis” reports would be putting Avanti in this position, following the release […]
Flapmax unveils second FAST accelerator programme to support African entrepreneurs
Cynthia EzekweJuly 11, 2023
By Cynthia Ezekwe. Flapmax, a data and artificial intelligence (AI) company has launched its second FAST Accelerator programme, to support and fund the next generation of innovative companies, startups and entrepreneurs throughout the African continent. FAST Accelerator programme is a global Flapmax initiative created in partnership with Microsoft which connects international entrepreneurs and startups […]
All eyes on economy’s response after MTN, Airtel 5G deployment
Alexander ChiejinaJuly 11, 2023
By Alexander Chiejina. The 5G era is fully on course globally. In the field of mobile communication, 5G, the fifth generation of wireless communication technology, is a game-changer. The much-discussed wireless communication comes and is opening a world of revolutionary new opportunities across a wide range of businesses. The technology can completely transform several […]
2023 funding opportunities in digital healthtech ecosystem
Alexander ChiejinaJanuary 3, 2023
By Alexander Chiejina Grants, funds support innovative health solutions Health is a fundamental human right of every citizen and in recent times, the health tech space has been inundated with innovative solutions aimed at improving access to healthcare across the African continent, including Nigeria, with more investors investing more funds into the sector. […]
Active investor playmakers driving in-country investment in Nigeria
Alexander ChiejinaJanuary 3, 2023
By Alexander Chiejina Nigeria’s tech and innovation space enjoying beautiful bride-like attraction The tech ecosystem in Nigeria has continued to witness tremendous growth over the last five to ten years, a development that can be traced to increased local and international capital inflow in the form of venture capital into the tech subsector. […]
Data & Information Governance Insight
Michael IreneDecember 27, 2022
MICHAEL IRENE, PhD Michael Irene is a data and information governance practitioner based in London, United Kingdom. He is also a Fellow of Higher Education Academy, UK, and can be reached via moshoke@yahoo.com; twitter: @moshoke Before migrating to cloud here are things to consider Most companies, these days, when asked about their IT infrastructures, or […]
Cross border innovations to drive instant payment transactions beyond 376 billion globally by 2027
Onome AmugeDecember 7, 2022
By Onome Amuge A new study from Juniper research has found that Instant payment transactions will surpass 376 billion globally by 2027, a 289 per cent growth from 97 billion recorded in 2022, buoyed by cross-border innovations. The digital market research firm also predicts that an increased roll-out of instant cross-border payment schemes […]
MTN Nigeria cuts off 19m mobile lines on NIN-SIM link directive
Businessam StaffApril 12, 2022
In line with the federal government directive requiring Nigerian telecommunications companies to bar calls from unregistered phone lines, mobile telephony giant, MTN Nigeria, said it has suspended as many as 19 million mobile lines in the country. Karl Toriola, MTN Nigeria chief executive disclosed this at the weekend in furtherance with the government ban on […]