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Monthly Archives October 2018

Credit bureaus are holding back digital lending in Nigeria

I was at a recent event organized for alternative lenders, mostly digital lenders serving individuals and SMEs. The engagements were eye-opening even though I was already conversant with most of the issues raised.Nevertheless, one of the nagging problems kept nagging me after I left that day. Everyone was complaining about how difficult it was to […]

Posted 22 October 2018 † dejiolowe § Nigeria § Payment § Uncategorized ‡ Comments (1) °

Finding data in Africa shouldn't be a problem. Let's solve it

Data is the fuel of decision making, anywhere and everywhere; and Africa is not excluded. Regrettably, getting simple information to make intelligent decisions in Africa is so hard you are better off just reading the stars. No wonder most African businesses are based on “divine inspirations.” The African economy is vast with different sectoral opportunities. […]

Posted 15 October 2018 † dejiolowe § Business § Nigeria § Payment ‡ Comments (2) °

Mobile Money in Nigeria: Operators, Opportunities and Trends

Recently I started seeing a spike in the number of inquiries made by friends, fintechs, and random other people about Mobile Money in Nigeria. And it’s not because they are suddenly having altruistic ideas for financial inclusion. Something must be cooking! Let’s get the basics rightMobile money is a form of banking where your account […]

Posted 11 October 2018 † dejiolowe § Business § Mobile § Nigeria § Payment § Piscalux ‡ Comments (2) °