Mobileweb

Mobileweb: 49 million Nigerians can’t access m-money services... : 49 million Nigerians can’t access m-money services – Investigation  October 05,2012 by Tunde Bello Investigation has revealed that over...

49 million Nigerians can’t access m-money services – Investigation  October 05,2012 by Tunde Bello Investigation has revealed that over 49 million adult Nigerians do not have mobile phones and, as such, cannot immediately benefit from the mobile money scheme aimed at providing financial inclusion for the un-banked population in the country. Mobile money involves the transfer of money from one mobile phone to another without any need for a bank account. Latest figure on the website of the National Population Commission revealed that Nigeria’s population now stands at 167 million people. Enhancing Financial Innovation & Access, a World Bank-backed body that aims to deepen financial inclusion in the country, in its Access to Financial Services in Nigeria 2010 Survey, found that the country’s population comprised 82.3 per cent of adults or over 137 million Nigerians. Also, the National Bureau of Statistics, in collaboration with the Central Bank of Nigeria, c...

ON the heels of the inauguration of the national broadband committee by President Goodluck Jonathan last month, Executive Vice-Chairman of the Nigerian Communication Commission, NCC, Dr. Eugene Juwah has predicted that broadband cost could crash to the barest minimum if the Dubai campaign comes off successfully. Juwah however revealed that all the developments including the creation of the committee and other initiatives to make broadband available, were all geared towards this mission, adding that that paucity of investment in the broadband sector of the Nigerian telecommunications industry was also a strong reason why the country wants to showcase its broadband potentials at the ITU Broadband Forum 2012 in Dubai. According to Juwah, many corporate organizations, high net-worth individuals and even MDAs have had to depend largely on imported bandwidth by foreign operators until recently when MainOne, Glo 1 and NigComSat-1R began to offer broadband services, but even at that, the...