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 »

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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

First Bank Plc Ranks As Number One Bank in Nigeria – Brand Finance

February 13, 2012   Andy Chuks   1 Comment

Brand Finance in London, United Kingdom has ranked the First Bank of Nigeria as number one best bank in Nigeria among its current top 500 World Bank Brands Ranking as published in the February edition of The Banker Magazine of the Financial Times Group, London, United Kingdom According to a statement by The Banker’s Country

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CBN Enforce E-Payment in Private Industries and Public Institutions

January 09, 2012   NairaBrains   No comments

With effect from today the Central Bank of Nigeria (CBN) has said it will begin full implementation of electronic payment system in all private and public organisations. To this end the apex bank has directed all Deposit Money Banks (DMBs) in the country to dishonour payment instructions with schedules delivered via unsecured method. The CBN

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2012 Nigeria Budget: Allocations to Technology Sector Almost Doubled (But Is It Still Enough?)

December 16, 2011   Andy Chuks   1 Comment

The budget for the 2012 fiscal year has been finally announced by the Federal Government and there was a little bit of something to cheer about for the nation’s technology sector. from the N28 Billion allocated to the Science and Technology sector in the 2011 budget there is an increase of N3 Billion for the

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Four More Mobile Payment Operators to Get Licenses

December 14, 2011   NairaBrains   No comments

The Central Bank of Nigeria (CBN) has announced that it will soon issue licenses to four more mobile money operators to deepen the emerging mobile money market and make it competitive. The apex bank’s Director, Banking and Payment System, Gaius Emokpe stated this at a Stakeholders’ Forum on Mobile Payments System in Nigeria. There are

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Access Bank to Complete Acquisition of Intercontinental Bank by March 2012

December 07, 2011   NairaBrains   No comments

Access Bank has signalled its readiness to complete the acquisition of a 75% in Intercontinental Bank plc according to a statement in the Nigerian Stock Exchange website. It reads thus; “The Bank has notified The Exchange that following it’s completion of the acquisition of a 75% stake in Intercontinental Bank Plc. (“Intercontinental Bank”), it is

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How To Become Rich in 2012

December 05, 2011   NairaBrains   No comments

All over the web there are thousands of article on ways to become rich. Some of the advice end up being nothing more than get rich quick schemes. First, lets tell what this article is not. This article is not a list of magic ways to get rich neither is it going to reveal an

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Central Bank: Government to Begin E-Payment of Salaries From January 2012

December 03, 2011   NairaBrains   No comments

The Central Bank of Nigeria says it has concluded plans to implement the electronic payment of all government slaries, pensions and supplies. This was stated by the CBN Head of Domestic Payment CBN, Mr. Emmanuel Obaigbona at a one-day Public Sector Stakeholders enlightenment programme on the e-payment initiative in Port Harcourt. According to Obaigbona the

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Investment Advice: Why Investing In Tech Startups May Be The Better Way To Grow Your Money

December 01, 2011   NairaBrains   No comments

I am never going to say that investing in stocks and bonds is out of vogue. With the right strategy you can still take your savings and increase it substantially investing in stocks. However if you are the type that never has it going for stocks and the stock market and you certainly have got

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How MicroFinance Banks in Nigeria Can Take Over the Savings Deposit Market

November 29, 2011   Andy Chuks   No comments

After the Central bank’s consolidation exercise in Nigeria’s banking industry Microfinance banks (formerly known as community banks) were also made stronger with the increase of their capital base. Ordinarily microfinance banks are grassroots banks. they are supposed to be closer to the average Nigerian (trader, student, worker) than the commercial banks. However most microfinance banks

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Paypal Introduces New Send Money App on Facebook

November 18, 2011   NairaBrains   No comments

In its latest bid to take its payment service to new frontiers PayPal has launched its Send Money app on Facebook that allows users to send money to friends and family for free without leaving Facebook’s friendly confines. While the application is designed for sending money gifts complete with e-cards, photos, videos and messages, users

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