Stakeholders to Discuss Challenges of Electronic Business in Nigeria

The challenges faced by owners of electronic businesses in Nigeria will be discussed by stakeholders from various industries and sectors at the e-Business Fair organised by Connect Nigeria, an information search portal. Emeka Okafor, chief executive officer (CEO) of Connect Nigeria, said the goal of the fair is to raise public awareness on e-business and

GTBank Receives Premium Award from World Finance Banking Awards

Guaranty Trust Bank plc; One of Nigeria’s leading Banks, has once again led the way by winning the ‘2013 Best Banking Group – Nigeria’ in the 2013 Annual World Finance Banking Awards. Outlining the rationale for GTBank winning the ‘2013 Best Banking Group – Nigeria award’, judges commented that the Bank scored high marks in

Only Companies that Invest in e-Commerce Logistics Will Survive – Konga

Only companies that invest in the logistics and technical aspects of e-commerce will remain in Nigeria, according to Joseph Onuorah, vice president (logistics) at Konga.com. Onuorah stated this in Lagos while speaking on a panel at the ongoing Supply Chain West Africa conference. “The companies that will remain in Nigeria, will be companies that believe

UBA Positions For Pan-African Banking Leadership

United Bank for Africa Plc (UBA), the Pan-African bank with operations in 19 African countries, New York, London and Paris, announces the launch of Project Alpha – the Group’s new focus for strategic transformation. UBA has for 8 years executed a dedicated strategy of local, regional and global expansion, the implementation of which has seen

Infographic: E-commerce in Africa

Emerging markets research firm, Jana has released an infographic showing insights on the e-commerce preferences of African consumers in Nigeria, Kenya & South Africa. Surveying 600 consumers in each country, the company asked respondents questions ranging from their favourite online store to their favourite payment mechanism. Have a look at their insights below:  

Jaiz Bank & Teasy Mobile Partner on Mobile Money in Nigeria

Jaiz Bank Plc, the first full-fledged non-interest bank in Nigeria has entered into a partnership with Teasy Mobile Money (a CBN-licensed Mobile Payment Operator) to provide financial services to Nigerians, through Mobile Phone. This is part of their efforts to implement financial services inclusion of the Central Bank of Nigeria (CBN) to everyone in the

Western Union and eTranzact Launch New Mobile Money Transfer Service in Nigeria

The Western Union Company, a leader in global payment services, and eTranzact International plc, a multi-application and multi-channel electronic payment processing company,  announced the launch of a new mobile money transfer service. Consumers in Nigeria who use the eTranzact Mobile Money platform now have the option of receiving a Western Union Money Transfer® transaction on their

MasterCard and UBA Unveil Personalized Debit Card in Nigeria

MasterCard and United Bank for Africa (UBA) unveiled a personalized debit card in Nigeria, dubbed the UBA “All About U” Card. The unique MasterCard card can be customized with elements such as images, colors and more. The launch of the product in partnership with UBA is in harmony with MasterCard’s vision to advance a cashless

e-Revenue Gateway Partners With ElectraCard Services to Introduce Contactless Electronic Payments in West Africa

ElectraCard Services (ECS), a provider of software and processing solutions for electronic payment systems, powers e-Revenue Gateway (e-RG), a payment processing and electronic transaction switching company, to launch contactless electronic payments in Nigeria. ECS’ PA-DSS compliant platform will help e-RG to launch programs with multiple financial institutions and channels like ATM/ POS/ Internet/ Mobile on