Category Archives: Nigeria

From the Darkness to Light: A Case for Digitizing the Nigerian Capital Market

I wasn’t too excited when MTN got listed on the capital market. After all, they were flat out against being a public company. The IPO was hyped and then postponed for like 5 billion times before it petered out. And it’s at the last minute that they reluctantly got dragged to list shares by introduction; […]

Why QR code payment would never succeed in Africa

Paying with QR code is so cool. All you need to do is bring out your smartphone, take a snapshot, and voila, payment is made. The simplicity and versatility are simply unparalleled. QR code payments have been adapted from in-store shopping; to online payments; to even paying for cable subscription on TV. As much as […]

You won’t live forever. But carrot.ng can sort out your afterlife

On the long run, we would all be dead; a reality nobody can dodge. Considering that the grim reaper doesn’t usually do RSVP, what does it take to prevent the yam-pepper-scatter-scatter that often comes when someone dies all because there is no will left behind to take care of things. Trust me, if you have […]

Uber killed Yellow Cabs. GoKada may kill Okadas.

Uber came to Lagos around 2014 and went straight for the middle-class crowd albeit, that market wasn’t fat enough. They soon found out that any businesses targeting recherché segments in Nigeria never last long. Uber pivoted as the recession gradually wore off as ride-hailing became the go-to for almost every middle-classer. It didn’t take too […]

The Myth Around Literacy and Financial Inclusion

According to EFInA (Enhancing Financial Innovation and Access), Financial Inclusion is “the provision of a broad range of high-quality financial products, such as savings, credit, insurance, payments and pensions, which are relevant, appropriate and affordable for the entire adult population, especially the low-income segment” (EFInA, n.d., p1). It requires that financial services (bank accounts, credit, […]