Customers Have Inspired Us to Expand so Quickly – Jovago

Jovago’s customers are responsible for the company’s rapid expansion, according to Nigeria managing director Marek Zmyslowski, who told HumanIPO the company has experienced amazing growth in Nigeria and is now looking further afield. “In order to fulfill the needs of our Nigerian customers travelling abroad and still wanting to use Jovago.com, we have opened offices

World Economic Forum Holds Side Meeting on “Promoting Global Financial Inclusion Summit on Africa”

On the sides of the just concluded World Economic Forum, the Acting Governor, Dr. Sarah Alade participated at a Media Chat on ‘Promoting Global Financial Inclusion in Africa’. The event which took place at the Barcelona Hotel, Wuse, Abuja on 7th May, 2014 featured Matthew Bishop: US Business Editor and New York Bureau Chief of

CBN, NigComSat Partner on Effective Internet Service for Cashless Policy

The Central Bank of Nigeria (CBN) has partnered with NigComSat to fast-track the bank’s cashless policy through effective and efficient internet services, with the latter to provide Wi-Fi hotspots to local government bodies. Aaron Yaduma, head of CBN’s Shared Services, announced a memorandum of understanding (MoU) had been drafted while speaking at a cashless policy

Financial Inclusion Takes Centre Stage at World Economic Forum on Africa

Sami Lahoud, Vice President – Communications, Middle East and Africa for MasterCard shares his insights into financial inclusion at the World Economic Forum on Africa: This week, MasterCard joins more than 1,000 business leaders, heads of state and government, as well as representatives from academia, development organizations, non-profits and media in Abuja, Nigeria for the 24th

Konga Wins Nigeria’s Most Innovative and Impactful Retail Brand Award

Nigerian e-commerce platform Konga.com has been declared the winner of the Most Innovative and Impactful Retail Award by the Lagos Chamber of Commerce and Industry. Gabriel Gab-Umoden, head of marketing of Konga.com, collected the award on behalf of the company. “On behalf of Konga.com CEO Sim Shagaya and the entire team, we wish to thank

African Women in Banking and Payments

While banking and payments is still considered a mainly a ‘boy’s club’ with few women holding top positions both in Africa and internationally we thought we would highlight some of the woman who are making their mark in the African banking and payments landscape. 1. Maria Ramos – Chief Executive of Africa, Barclays Maria Ramos

TEASY MobileMoney deploys first commercial NFC services in Nigeria

Teasy Mobile Money has successfully deployed the first commercial Near Field Communication (NFC)/Contactless payments solution in Nigeria. This was announced by the Chief Executive Officer of Teasy Mobile Money Musa Ali Baba, who believed that not only will retail payments be easier and faster, customer’s satisfaction will be guaranteed. “We are very excited with the

UBA Realigns To Improve Operational Efficiency

In pursuit of its Project Alpha plans, United Bank for Africa (UBA) Plc has announced key appointments to drive its quest for industry leadership by 2015. UBA’s Project Alpha is a 3-year road map of key transformation initiatives, designed to reinforce the Group’s strategic positioning and leverage its huge Africa presence to fully exploit the

CBN Announces Deadline for Nigerian Banks to Meet Payment Card Security Specifications

The Central Bank of Nigeria (CBN) has announced banks have until November 30 to meet specified payment card security specifications, as the bank looks to combat card fraud in Nigeria’s financial system. The move will safeguard personal and account information conveyed in processing card payments. In a circular entitled “Circular on timeline for PCIDSS certification

GTBank Elects New Non-Executive Director

Guaranty Trust Bank plc has held the 24th Annual General Meeting at which the Bank’s 2013 financial results was presented to its Shareholders. The result which was approved last month by the Central Bank of Nigeria and released to the Nigerian Stock Exchange reported a Profit Before Tax of N107.09 billion. According to information from