As part of efforts to encourage the huge number of unbanked and underbanked Nigerians living in rural communities, First City Monument Bank (FCMB) has launched an agent banking system in Otta, Ogun state.
Agent banking, which is aimed at promoting financial inclusion is to provide banking services to the people in Otta through point of sale (POS) terminals that enables customers open account instantly and obtain an ATM card as well as to deposit their money.
As a complete departure from the 2006 census exercise, the National Population Commission (NPC) said it would ensure that biometric, digital satellite and other information and communication technology (ICT) facilities are deployed in 2016 census in order to avoid loopholes and controversies in previous exercises. The Chairman of the commission, Chief Eze Duruiheoma (SAN), explained in Abuja that this had become expedient in order to use such equipment to facilitate a smooth conduct of the census that is accurate, reliable and devoid of controversies.
Steve Omanufeme Etisalat and Airtel were the biggest beneficiaries of the mobile number porting introduced in April 2013, according to industry data released this week by the regulator, the Nigerian Communications Commission (NCC).
The porting activities of mobile network operators, as released by NCC and obtained from its website, indicate that Etisalat was the major gainer as it received a total of 23,582 port-ins as against 7,040 port-outs, amounting to a net gain of 16,542 new subscribers from May 2013 to December 2013.
In addition to the bid price, which is presently fixed at a minimum of N3.6 billion, the eventual winner of the wholesale frequency spectrum licence in the 2.3GHz band on auction by the Nigerian Communications Commission (NCC) will pay N374.6 million, according to sources at NCC.
Software Development Company, eKnowvate Solutions Limited, a mobile applications development company, has introduced a new mobile application into the Nigerian market for churches to effectively manage discipleship and create interactive engagement with the wide body of the church. The mobile application could be made available on Blackberry, iPhone and Android mobile platforms, is specified to bring church overseers and administrators closer to the congregation, through a 2-way information platform that is guaranteed to bring about a more enriching fellowship.
Paga Mobile Payment Services has said it recorded 4.4 million transactions valued at N47 billion in the last two years as more Nigerians embrace the cashless policy.
Also, the firm rewarded, Murphy Ishichie, who emerged its one millionth customer with a cash prize of N100, 000 in Lagos. Commenting on the feat achieved by the mobile payment firm, Chief Executive Officer, Paga, Tayo Oviosu, described the one million users mark in two years as fantastic.
Asus, a computer manufacturer has officially announced its presence in the Nigeria technology market, with the launch of two new products. The company partnered Intel Corporation to launch two Intel -powered devices ; Asus fonepad 7 and the Transformer Book T100 . It also officially announced its collaboration with Mitsumi, One of Africa's largest Information Technology (IT) distributors, to make the products available in Nigerian market
Coming behind Airtel, the mobile telecommunications giant, MTN Nigeria, has introduced an airtime-based life insurance service for its subscribers, in collaboration with one of the leading insurance companies in the country.
The mobile telecoms company described the product as “a simple and convenient way subscribers can access an affordable life protection plan directly from their mobile phones.”