Government is making efforts to reach out to the unserved in the financial ecosystem. This was made known at this year's 19th edition of the Digital Pay Expo Victoria Island Lagos, organized by INTERMARC. The theme ''FinClusion: Aligning Expectations With the Digital Financial Service(DFS) Business Case'' was examined at length
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In elementary biology, I learnt that, there is a struggle for survival, in the animal kingdom. It is a process that, leads to competition within the rank. It is only those, with certain structural adaptive features that survive the intense competition, or, as some school of thought posit, that, only
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French Fraud Detection Startup Bleckwen Raises $10 Million. Paris-based payment fraud detection startup Bleckwen has raised $10 million in a funding round led by Ring Capital, with participation from existing investors, including TempoCap, Bpifrance, and Ineo. Bleckwen, which is a spin-off from the French cybersecurity firm Ercom, specialises in real-time analytics
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The Nigerian financial sector has significantly grown in leaps and bounds; thanks largely to technology. Currently, banks’ services have been automated. Customers are no longer required to visit their brick and mortar branches to perform any transaction. With their smartphones, they can process local and international transactions. These are exciting times
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Africa’s FinTech sector is growing at a fast pace, with the number of start-ups operating in the space growing by more than 60% in the last two years, while funding has hit new records. This is according to Disrupt Africa’s Finnovating for Africa 2019: Reimagining the African financial services landscape
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The acting Director-General, Security and Exchange Commission, Mary Uduk, has said that the commission is committed to boosting financial inclusion in the sector, by investing in technology that will make it easier for people to invest in the sector. She said this during the 19th annual conference of the Risk Managers
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Selling products online using social media can be very challenging for entrepreneurs around the world. The issues such as trust, product availability, and logistics are common things faced by entrepreneurs on running online businesses. There are some ways to successfully sell more of your products online using social media that you
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At the Tech Money and Innovation Summit Africa held at Unilag, three groups emerged winners from the Hackathon series from several other groups of Hackers from Universities around Nigeria. The first place winner, team Gridzer bagged the cash prize of 1.5 million naira with an all expense paid trip to
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Although having an online presence is quite affordable today, some small and medium scale businesses still struggle with the question of whether they should have an online presence or not. Plainly and expectedly, you would think that this question should not come up at all due to the huge exposure that
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Waste management is one of the biggest issues in Africa and other countries around the world. Speaking of wastes, there are many types of them that we produce every day, including plastics, aluminum products, metal wastes, organic food wastes, nylon wastes, and so forth. These wastes have created negative side
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