14 July 2011 Comments

Unbanked Africa Summit Event Details

  Mobile Money is the next big thing in the world, expert will gather today to discuss the opportunities and everything in-between. The summit is starting this morning at Oriental Hotels, Lekki Lagos. Here is the programme flow, if you still want to attend, not sure if registration is still open to the fee is [...]

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25 March 2011 Comments

Don’t expect Mobile Money in Nigeria Until 2012

I and a couple of others have really been asking; when shall we have a roll out of Mobile money in Nigeria? You could recall that CBN issue provisional licenses to mobile money operators earlier in the year. I expected that having been working on the solution before the licenses were issued, at least one [...]

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03 December 2010 Comments

Western Union Now requires you to have a bank account to recieve payment in Nigeria

Western Union Money transfer is a widely available international money transfer used in Nigeria. You can receive money from anywhere in the world by simply walking into a participating bank with your international passport or national ID. I am just confirming right now that before you can receive money through Western Union you MUST have [...]

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21 October 2010 Comments

[Breaking News] VTN to launch Mobile Payment in Nigeria; Want beta testers

Virtual Terminal Network (VTN), is one of Nigeria’s leading e-payment company specializing on mobile and online payments. The company announced last night that it set to release its mobile payment application to the market, having completed its internal testing, it now needs volunteer customers to test the service before eventual release to the market. We [...]

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12 October 2010 Comments

Interview with Jide Akindele; founder MMIT Mobile Money Transfer “One Kobo at a Time”

In this interview, we talked extensively with Jide Akindele, founder of MMIT; an emerging mobile payment company with innovative products. M-Wallet one of their products was recently launched at MobiFest 2010 in Lagos. Read through to know about the “man being the money” as he disrupts the industry “one Kobo at a time”. WTN: Briefly, [...]

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30 September 2010 Comments

A more secure e-payments in Nigeria– restoring buyer confidence

Ask any regular John on the street why they don’t buy things online and I bet you the odds are that 7 out of 8 (who know you can do that online) will tell you they don’t trust ‘the site’ that’s why they don’t buy online. Anyone who understands how the Insterswitch Webpay system works [...]

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27 August 2010 Comments

MMIT innovator of MobileWallet to take Mpayment to Unilag

MMIT the innovator of Mobile payment system launching soon in Nigeria will be conducting a test run of the platform in University of Lagos this Saturday. Jide Akindele the CEO Said: <break/> MMIT will be doing a Live RESEARCH demo mobile money transfer at Unilag tomorrow in conjunction with Mobile Money Africa. MMIT will be [...]

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23 March 2010 Comments

Digital Lifestyle of Connected Nigerians – Analyst review

A research into the lifestyle of connected Nigerians which was started last year May, and conducted by ‘Gbenga Sesan has now been made public. The research seek to understand the pattern, growth and how Nigerian use the internet. The Findings The survey revealed that internet usage is most popular among young people aged 20 to [...]

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12 March 2009 Comments

e-commerce in Nigeria – The way forward

Looking at the Nigerian internet market, we see an emerging platform for growth and business development. Still, 10 million users is not too small for business to thrive but the result we see everywhere is less than 1% of Nigerian Websites offer online payment. That is to say 1 out every hundred Nigerian websites have [...]

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