Category Archives: Business

Digital “Fluffy” Banking

Digital Banking seems to be the new buzz word these days. I love buzz words; they are necessary distractions in the agonizing world we live in. But what’s digital banking? Nobody seems to know. Just like those mischievous boys in the bible – customer service we know, value for money we know but what the […]

WhatsApp will eat MTN’s dinner

I visited WhatsApp, a close friend, last weekend and I saw him preparing for a large party but the interesting bit’s that he’s gonna serve MTN’s dinner to his other many friends. Ok, that’s some unwitty joke but hey, I hope you caught the drift. Some events over the last few months have shown me […]

Telcos to the Mobile Money Rescue

The Central Bank recently relaxed the rule on Mobile Money (MM) participation by giving out telcos invite to the party. Yes it’s a party but then everyone’s gone home. Specifically telcos are now allowed to be Super Agents, which means they could use their thousands of retail touch points to serve MM customers. But unlike […]

The Rise of Killer Smartphones

It seems Nigerians, like most Americans, are missing out on an interesting revolution happening out there in the smart phone universe. But then, if you stood on a rail track with your Beats headphones on and oblivious of the rushing train, does it make you safer? Or maybe an ostrich, with its head planted in […]

The strong also fail and it’s no big deal

Sometimes you just need to know when to call it quits. Does that make you a loser? Hell no! Or maybe. You can’t be sure until it’s all over. The way it is, the most important thing is to win the war but you may lose some battles or side street skirmishes in the interest […]

Micro-lending, or lack of it, didn't kill Financial Inclusion

My recent rant on what’s making mincemeat out of financial inclusion in Nigeria generated quite a bit of talk within my little circle of friends. Some thought I must have mistakenly installed someone’s mind while looking for my lost one. A pitiful few others felt it made some sense, which is something that’s rarely said […]

What’s killing financial inclusion in Nigeria?

No scholar worth his salt would denigrate his study in the first line, or on any other line for that matter. However, listen carefully, take what I’m going to say below with a pinch of salt as it’s based on armchair projections. But then who cares? We are quite a lot in Nigeria, or so […]

Laptop makers have no brains

Once upon a time each phone brand had its own charger type. But common sense prevailed, hastened by the European Union, and everyone agreed on USB starting first with mini then micro connector. For more on this story you can read here, here and here. Apple has been a notable exception but it has gazillion […]

Is your bank there while you are on the move?

We are always on the move, not because we don’t have anything to do but that’s the reality of our lives in Lagos. We are usually busy, stuck in traffic and when our pretty backsides are stuck in traffic for hours, we end up loving our fondleslabs. So while in that horrendous traffic, we want to get […]

Apple Watch is Evolution in Real Time

Could this be the beginning of the end or end of the beginning? I’m not trying to sound dystopian but an evolution may start where normal watches would join dinosaurs in the archeological dig. Ok, what happened? Apple launched a $10,000 smart watch. You heard me right, 100 Benjamins for a digital watch! Not even […]