Airtime
Households in 17 of 33 Nigerian States Unable to Afford Airtime – Survey
Image sourced from Mail & Guardian. A recent survey has revealed that households in 17 of the 33 states in Nigeria are experiencing difficulty paying for airtime, while in the other 16 states, internet data is a more difficult expense to meet. Major areas where the populace was unable to pay for airtime regularly include the North Central, North West and South West states. In these regions, most individuals have been exploring the ‘borrow credit’ schemes offered by local network operators. The survey, reported on by The Guardian Nigeria, also tells that households in the North East, South East and South South have been experiencing difficulty paying for internet services. The North East region also has the highest share of homes that are currently experiencing difficulty paying for air...
EFCC warn POS operators over illegal cash transaction
The Economic and Financial Crimes Commission, EFCC, recently warned operators of Mobile Money and Banks Agents otherwise known as POS operators over illegal cash transactions. The Commission’s Zonal Head in Sokoto CDS Bawa Usman Kaltungo on Thursday March 25, 2021 gave the warning at a meeting with the Sokoto Chapter of Mobile Money and Banks Agents Association, (MMBA) Sokoto State Chapter in his office. EFCC boss express concern at the high rate of mobile money fraud in the country, and called on the association to join hands in the fight against money laundering and electronic transaction fraud. But while reacting to this, the South West coordinator of Moniepoint, Israel Eniolorunda frowned at this development noting that nefarious activities of many of these POS operators in the country...
