The David Against Corporate Goliaths
Neobanks and digital banks, without a doubt, have revolutionised the banking industry and forced most commercial banks in Nigeria to evolve. From the widespread use of Opay by individuals and small business owners during the COVID-19 lockdown in 2019/2020 to the mass adoption of Moniepoint POS by businesses, these Fintechs…
The MTN FiberX is one of the few truly unlimited internet data services in Nigeria. Unfortunately, it has one flaw, at least for a country with an unstable power supply. You need a constant power supply to use the MTN FiberX consistently, unlike MTN MiFi and direct phone SIM card…
Sterling Bank is a tier-2 commercial bank in Nigeria with an approval license from the Central Bank of Nigeria (CBN). Tier-2 banks in Nigeria require a capital base of ₦200 billion, whereas the international tier-1 category requires at least ₦500 billion in capital base. The bank is a subsidiary of…
The National Agency for Food and Drug Administration and Control (NAFDAC) has clarified that its mandate does not cover unbranded and unpackaged products such as palm oil and fufu sold in open markets. It noted that such products fall “outside NAFDAC’s direct regulatory oversight; sub-national authorities bear primary responsibility for…
For many years, Nigerian freelancers and business owners have wished PayPal is available in Nigeria. For clarification, PayPal has never exited Nigeria; they only limited Nigerian users to sending payments without the option to receive payments. The partnership with Paga, however, seems like an answered prayer for freelancers who have…
MTN FiberX is, without argument, one of the truly unlimited internet data plans in Nigeria with no Fair Usage Policy (FUP), at least at the time of writing this review. It is a fiber-internet service and hence has limited coverage. This is a review based on personal experience. I started…
The Federal Competition and Consumer Protection Commission (FCCPC) disclosed that its preliminary investigation has revealed a possible manipulation of cement prices in Nigeria. The three-month investigation by the Commission’s Anticompetitive Practices Department (ACP) was in response to widespread public complaints over the high cost of cement in the country. Nigeria…
For this review, we tried making a payment of N500 for a utility bill on iRecharge. Luckily for us, and probably unlucky for them, the transaction reported as failed on iRecharge's dashboard but was successful on our end. This means no token was generated for the recharge, despite a debit…
Consumer protection in Nigeria is primarily spearheaded by the Federal Competition and Consumer Protection Commission (FCCPC). The Commission, according to its 2018 Act, is created to be independent and with the authority to establish offices for its business in any part of Nigeria as it deems fit. This means Nigerian…
As an air traveller in Nigeria, especially if you are flying an international airline, locating the right terminal for your airline might be daunting. This issue is usually faced by passengers who are flying an airline for the first time. Know Your Terminal To ensure you are at the right…
