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Mobile money

6 May 2020
Some 700 million out of the estimated 1.216 billion Africans currently lack access to a bank or mobile money account, and only 41 per cent of the people are financially included.
8 Apr 2020
Payments service platforms, including Interswitch, Flutterwave, and MTN Nigeria, were identified among players that drove the adoption of mobile money in sub-Saharan Africa (SSA) in 2019.
3 Apr 2020
During 2019, mobile money services reached a milestone, surpassing one billion accounts globally. This is according to GSMA, which unveiled the annual “State of the Industry Report on Mobile Money”
3 Jan 2020
The number of subscribers to the 23 Mobile Money Operators (MMOs) in the country stood at 9.25million as at the first half of this year, Alhaji Umaru Ibrahim, managing director and chief executive...
3 Dec 2019
The burden of delivering financial inclusion to the last mile has become one that needs the strategic participation of all industry stakeholders in the ecosystem, so as to deliver value propositions that will deepen financial services culture for the benefit of the citizenry. These were the views of participants at the 2019 Mobile Money Conference,…
9 Oct 2019
Ahead of the 2030 Sustainable Development Goals (SDGs) targets, the mobile industry has shown commitment towards helping the globe meet them.
30 Sep 2019
The Central Bank of Nigeria (CBN) has come out to explain that the reintroduced cash-less policy is not aimed at creating difficulties or punishing anybody in the financial system...
26 Sep 2019
A mobile money agent, Eniola Adenuga, yesterday narrated to newsmen why and how he raped his female co-worker, Faith Jude, to death in their office around Lafenwa area of Abeokuta, Ogun State.
6 Sep 2019
With more than 866 million registered mobile money accounts globally and $1.3 billion processed daily, mobile money serves as a critical infrastructure for start-ups looking to increase...
26 Jul 2019
Findings in separate reports released by the IMF, World Bank and GSMA support the notion that mobile money growth in Sub-Saharan...
19 Jul 2019
Access to financial services opens doors for families, allowing them to smooth out consumption and invest in their futures through education and health.
9 May 2019
Stakeholders recently gathered with security agencies from across Nigeria, at the maiden workshop on process flow in the mobile money ecosystem...

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Confederation of African Football (CAF) president Patrice Motsepe has confirmed a new Super League for the continent will kick off in 2023 with total prize money of $100m. This dwarfs the total prize money of $12.5m for CAF’s present headline continental competition, the Champions League, where the winner takes home $2.5m. “CAF president Patrice Motsepe…
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Edo State Police Command has confirmed the kidnap of two Catholic Reverend fathers from Central Senatorial District on Benin-Auchi Expressway between Ehor and Iruekpen areas.
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The Nigerian Content Development and Monitoring Board (NCDMB) and the National Insurance Commission (NAICOM) on Monday presented insurance services...