None of Nigeria’s 11 electricity distribution companies are profitable businesses. None has reached breakeven point. From the privately-owned ones spread across 8 states and the Federal Capital, to Yola Electricity Distribution Company which the federal government took over last December, the consumer-facing sector of the industry is saddled with debt and inefficiency. These DisCos (as […]
The BackEnd explores the product development process in African tech. We take you into the minds of those who conceived, designed and built the product; highlighting product uniqueness, user behaviour assumptions and challenges during the product cycle. — When next you request a loan from a Nigerian bank, you may be required to agree to […]
Internet access has reportedly been shut down in parts of Cameroon
The Central Bank of Nigeria has called for the regulation of the cryptocurrency, bitcoin, in Nigeria.
The Nigerian banking and finance regulator, the Central Bank of Nigeria, has revealed that the cumulative mobile money transactions in Nigeria is over $3.5 billion.
New CBN-authorised card maintenance fees sent by GTBank to customers today have customers puzzled