Category Archives: Business

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Whether you are bootstrapping a small business, fought your boss and launching into the deep on your own or just side-hustling, there are some key things you need to do so people can take you seriously. It could also be that you have a political activist group or running an NGO for orphans (I’m one, […]

Getting them high: Challenges of onboarding customers to digital services

Digital services, which include cards, online banking, mobile apps for finances, USSD for transferring money you don’t have, etc., are essential services. In fact, financial inclusion has been elevated to the level of fundamental human rights. However, unlike things we derive joy from using – Whatsapp, Tinder, Facebook, to mention a few, digital services are […]

Fixing the PTA Palaver with Technology

There was a collective sigh of relief when the Central Bank of Nigeria recently decided to clear the backlog of travel allowances pending with banks. Nevertheless, a lot of well-meaning Nigerians could also see the opportunities for arbitrage and abuse. Of course, bad boys being bad boys, it quickly turned into a bazaar. The Personal […]

Report on Perception of Digital Bank in Nigeria

The emergence of small and nimble digital banks, known as challenger banks in other climes, is disrupting the concept of banking and financial services. Interests from the average customer have been very strong, in particular among the millennials. However, most of these have been confined to Europe and North America save for two large digital […]

Why are Nigerian brands not on Nairaland and other local social media platforms?

Nairaland was social media before social media became anything in Nigeria. While it has failed to match its potentials, at least when compared with what Facebook and others have become, it retains its potency. In fact, every time a top Nigerian brand gets slammed on the site, the Executives quake. Despite the impressive page views, […]

mCash would change the future of payments in Nigeria

The Nigeria Inter-Bank Settlement System (NIBSS), along with numerous banks, have launched mCash as an alternative payment system in the populous country in Africa. mCash rides on USSD and anyone can easily use the code to make payments at large stores, corner shops, etc. The mCash payment system, which is automatically available to over 28 […]

Understanding the MMM Absurdity

My recent post on MMM Ponzi drew divergent responses. On Bella Naija, my backside was practically roasted with the vitriolic comments from those who feel that MMM is a divine intervention. After all, why is it my problem if someone wants to start a bonfire with his money? On LinkedIn, the responses are direct opposite. […]

MMM Ponzi – There is always a Mugu in Lagos!

I was doing a random research of recent and stumbled on the current list of top websites in Nigeria (October 2016). The list is dominated by the usual names – Google, Yahoo, Facebook, Nairaland, Linda Ikeji and MMM Office. Wait, what’s MMM Office? It’s a Ponzi scheme and it has its own Wikipedia page. It […]

Is Nigeria ready for digital banks?

There is so much confusion out there about what digital banks are. Bring a thousand self-proclaimed experts and you will probably get two thousand different definitions. I am confused too, but for today, let’s pretend that I know what I want to say. A digital bank, sometimes called a direct bank or online-only bank, is […]

Learning to learn

It’s well known that the brain is like a muscle – the more you learn the better you become. In fact studies have shown that being intellectually active correlates with longer and more fulfilling life. Learning stretches the brain more than anything else. I would have thought that a lot of people know this but […]