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The trouble with mobile money in Nigeria

When the Central Bank of Nigeria introduced Mobile Money in Nigeria, the expectation was that the scheme would not only compete with the Traditional Banking system in Nigeria but would ultimately emasculate it for the betterment of the Nigerian economy where over 35% are still labelled as the un-banked with the volume and value of…

Prepaid scratch cards are extremely costly

Prepaid scratch cards are extremely costly The prepaid mobile telephony market is both globally and in most countries over 60% – in other words, over 60% of the prepaid airtime and SMSs sold by operators, is sold as prepaid traffic.   Many airtime operators can significantly increase their earnings if they choose to discontinue the…

What Is an Airtime card?

What Is an Airtime card?   With cell service being available in increasingly more rural and remote areas now, many people are cancelling their landlines and using cellphones for all calling. Airtime cards help consumers choose how they pay for cell services.   An airtime card is a small plastic or cardstock card that is…

Man arrested for steeling prepaid airtime scratch cards

Man arrested for steeling prepaid airtime scratch cards You may not believe this – a man got arrested for stealing prepaid airtime scratch cards worth KES 300.   Nanyuki – Police in Nanyuki town on Tuesday morning arrested a man who allegedly stole airtime scratch cards worth KES 300 from a shopkeeper.   The suspect, Lukas…