sim card registration

110.43 Million SIM Cards registered by 95.89 Million Subscribers in Nigeria

110.43 million lines have so far been registered in the ongoing registration of SIM (Subscriber Identification Module) cards against official figure of 95,886,714 active mobile lines in the country.This is a huge difference of 14.54 million According to the Executive Vice-Chairman, Nigerian Communications Commission (NCC), Dr. Eugene Juwah: this is More »

business as student

5 Reasons Why You Should Start a Business as a Student

Are you among those who think that running a business is the game of experienced graduates and professionals? I am going to show you five reason why that believe is wrong. If you are a student reading this or you are a fresh graduate and you have never thought of More »

bb message

How You can Buy or Sell on Google Trader through SMS

You can now search, buy, post or sell your products/services on Google’s classified ads site Google Trader. It is very simple, you only have to send a message to a short code via SMS. To start using the SMS service Text START to 6007. Posting on Google Trader is free! More »

wikipedia

Wikipedia to Go Free on Mobiles in Africa and Middle East This Year

The Wikimedia Foundation, a non-profit organisation that operates Wikipedia and Orange, a mobile network provider have concluded a deal that will allow millions of people from Africa and Midddle East to gain free unlimited access to the online encyclopedia Wikipedia from the mobile phones. The project is targeted at the More »

google trader google plus

Google+ integrates with Google Trader: Personalize your Listings

Google announced today that it has integrated Google+ (its social network) with Google Trader (it classified ads site). This means users on google trader can personalize their listings. According to press release on Google Africa blog: We wanted to make Google Trader a little bit more personal. So today, for More »

Category Archives: Money & Finance

Nigeria Goes Borrowing Again Wants $3billion Loan from China

February 22, 2012   Andy Chuks   No comments

According to reports from Businessday Nigeria will likely secure some $3 billion facility from the Chinese government to finance the completion of some key priority projects if ongoing loan negotiations between the government and China pull through. The projects are; completion of the ongoing Abuja light rail, construction of part of the East West road;

Read More

Unity Bank Launches QikQik Mobile Payment Service

February 17, 2012   Andy Chuks   No comments

The Mobile Money Service industry is getting more competitive as yet another Nigerian bank Unity Bank launches a mobile payment service QikQik. According to Unity bank QikQik is expected to create hundreds of jobs. Speaking during the launch the bank’s Group Managing Director, Alhaji Ado Y. Wanka: The new UnityBank QikQik mobile-based payments will include

Read More

Mainstreet, Keystone and Enterprise banks Up for Sale – AMCON

February 15, 2012   Andy Chuks   No comments

Asset Management Corporation of Nigeria (AMCON) has commenced sale of thee three nationalised banks Mainstreet Bank, Keystone Bank and Enterprise bank. You can recall these banks where nationalised in August last year According to Mustapha Chike-Obi, Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON). any moment from now, expressions of interest in Mainstreet, Keystone

Read More

Are You into Export Business? Take Advantage of NEXIM Bank N30 Billion Fund 2012

February 10, 2012   Andy Chuks   2 Comments

According to reports from Vanguard Media, Nigerian Export-Import Bank (NEXIM) has earmarked N30 billion to support Nigerian exporters, just as it plans to float a shipping line to facilitate business between Nigeria and other Africa countries. About NEXIM Decree 38 of 1991 established the Nigerian Export Import Bank (NEXIM) as an Export Credit Agency to

Read More

Introducing PocketMoni eTranzact Mobile Money Service

January 31, 2012   Andy Chuks   7 Comments

Just like various financial institutions in Nigeria eTranzact is not being left behind in the scramble to dominate mobile money service in Nigeria. They demonstrated their seriousness with the launch of PocketMoni. PocketMoni is the brand name of eTranzact Mobile Money service. eTranzact Mobile Money platform is the first truly operational mobile commerce application that

Read More

4 Ways to Go Cashless or Cashlite in Nigeria

January 28, 2012   Andy Chuks   No comments

Are you ready for the CBN Cashless Policy? Much has been said about the Central Bank of Nigeria Cashless policy set to take effect this year (March 1, 2012 for Lagos and June 1, 2012 for other states) but one thing you should be very concerned about is your readiness for this policy when it

Read More

GT Bank Launches Mobile Money Service (GTBank MobileMoney)

January 27, 2012   Andy Chuks   2 Comments

The Nigerian financial industry is going mobile, Guaranty Trust Bank Plc has joined the likes of Globacom and Paga by launching a Mobile Money Service -GTBank MobileMoney. GTBank Mobile money allows you to send money/make payments from your mobile phone to anyone in Nigeria. According to a statement from the bank “GTBank MobileMoney is a

Read More

CBN’s Cashless Policy: How to Take Your Business Cashless and Save Money

January 26, 2012   NairaBrains   3 Comments

Last year the Central Bank of Nigeria (CBN) introduced a policy on cash based transactions aimed at reducing the country’s dependence on a cash economy and reducing the inherent costs of moving cash that banks and other financial institutions incur as a result. The policy already known as the ‘cash policy’ of the CBN stipulates

Read More

Ecobank Acquires The Trust Bank Ghana Ltd

January 19, 2012   NairaBrains   No comments

Ecobank Transnational Plc, the Pan African bank, has bought over 100% of The Trust Bank Ghana Ltd. This much was disclosed to the Nigerian Stock Exchange according to a statement from Ecobank which stated that “Under the terms of the transaction, which was approved on 9 December 2011, ETI will execute a share swap agreement

Read More

Starting an Agric Business? Take Advantage of N30 Billion Agric Fund by Federal Government 2012

January 11, 2012   Andy Chuks   8 Comments

Agro Industry in Nigeria got a big boost this year as Eleven banks have finalised their participation in the N30 billion Agricultural inputs fund by Federal Ministry of Agriculture and Rural Development in partnership with the Federal Ministry of Finance and Deposit Money Banks. The Agricultural Inputs Fund is to provide N30 billion funding for

Read More
Page 1 of 212

  • Archives