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Nigeria

MTN launches mobile money service in Nigeria

Leading local operator MTN has launched a new service in Nigeria that enables subscribers to send and receive money, pay their bills and buy airtime using their mobile handsets.

Nigeria: ChamsMobile partners Bancore, Skye Bank for m-payment service

(The Paypers) Nigeria-based information technology company ChamsMobile has entered a strategic agreement with local financial institutions Skye Bank and Bancore,…Read more: http://feedproxy.google.com/~r/ThePaypersMobilePayments/~3/yyopg-AnsQ4/744611-16

Nitel sale called off

The Associated Press said that the Nigerian government has cancelled the sale of state-run telecoms operator Nitel, after Oman International Consortium failed to pay its deposit for the business – with OIC being the second company to do this.

Deadline near for Nigerian operator sale

Nigeria’s privatisation agency said that Oman International Consortium has until today to pay its deposit for former state telecoms monopoly Nitel, or it would consider its options for the business, Reuters said.

Nigeria and cash

The biggest enemy in fighting poverty is physical cash. The fact that people living at the bottom end of the pyramid need to conduct their business with paper notes (and coins) is the main reason why they are often stuck there. That is why it is important to apply all means to change this – technology, business solutions and regulations.That is why I found a recent article interesting (Read here). According to this article, the Central bank announced a new cumulative limit to the withdrawal of c

Nigerian Mobile Date Firm

The Central Bank of Nigeria will not again extend the operational deadline for the 16 companies it has granted in-principle approval to offer mobile payments in the country …Read more: http://www.americanbanker.com/issues/176_98/nigerian-mobile-date-firm-1037831-1.html

Monitise launches m-payments service in Nigeria

(The Paypers) UK-based mobile banking and payment services provider Monitise and its partners in Nigeria have rolled out a mobile payments service in the country,…Read more: http://feedproxy.google.com/~r/ThePaypersMobilePayments/~3/x1QdNLiyp94/743860-16

Etisalat Nigeria secures US650M network expansion loan

Etisalat Nigeria has sealed agreements for a US$650 million syndicated loan with eight local banks to expand its mobile network across Africa’s most populous nation.

Nigerian mobile payments landscape during 2011-2012

I received a lot of positive feedback on my previous blogs on the Nigerian mobile banking landscape. The e-mails and comments were very informative for me and I must thank readers for this. It was clear that a lot of attention is focused on this exciting market. I thought that I would try my hand at predicting what will happen in the next two years.The following realities should be taken into consideration when thinking about the future of the mobile money market as it relates to Nigeria:This is

Nigeria: Charge Anywhere, G-PAY introduce pilot program of m-payment service

(The Paypers) POS and electronic payment services provider Charge Anywhere has launched a pilot program of its new mobile payment platform in Nigeria.Read more: http://feedproxy.google.com/~r/ThePaypersMobilePayments/~3/mYRaDs2M2Uo/743241-16