Skip to content

Monthly Archives September 2018

Why Nigerian banks will never lend you a dime

We all go broke at different times, and the natural thing would be to turn to our bankers. After all, we have been putting our meager savings in there for a while; and one good turn deserves another, right? Wrong! You are probably rolling your eyes now because we all know that Nigerian banks hardly […]

Posted 30 September 2018 † dejiolowe § Business § Nigeria § Payment § Piscalux § Uncategorized ‡ Comments (0) °

Nigerian elites will be losers again, bigly!

While it seems that MTN has an uncanny ability for strolling from a frying pan ($5B fine), into the fire ($8B refund), and then amble into a lava pit ($2B tax arguments), one thing that caught my eyes was the sheer magnitude of the $8b dividend that MTN has remitted to the mothership since 2001. […]

Posted 07 September 2018 † dejiolowe § Business § Nigeria ‡ Comments (0) °

Whatsapp banking is bad news

A few weeks ago, Access Bank, First Bank, UBA, and ABSA in South Africa came to the market to inform everyone they would be rolling out Whatsapp banking in a few weeks. The announcements came with so much fanfare I thought a new king of Africa was being announced. Access Bank’s body dey catch. They launched their Whatsapp banking yesterday to consternation […]

Posted 02 September 2018 † dejiolowe § Business § Nigeria § Payment ‡ Comments (0) °