The whole world is just coming out of the crisis caused by COVID-19 and is considering policies to alleviate the plight of its citizenry. The Nigerian government, however, continues to issue, almost daily, policies that add to the excruciating hardship in the country. These include VAT increments, hikes in electricity…
Opinion Editorials
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Fintech and the Growth of Digital Savings in Nigeria: Implications for Traditional Retail Banking
2018 signified a heightened investment in Financial Technology Start-Ups (FinTechs) in Nigeria and Africa. In that year, about $114 million was raised by technology companies in Nigeria, with 75% of this going to FinTech companies. Between 2014 and 2019, Nigeria’s fintech scene raised more than $600 million in funding, representing…
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The Business Model of Ride-Hailing Companies in Nigeria: Combating the Rise of Offline Trips and Loss of Revenue
In recent years, ride-hailing companies have gained prominence with their unique business model. Uber, Bolt, and others operate digital aggregator applications that connect passengers needing rides with nearby drivers willing to serve them. This on-demand transportation service seamlessly links demand with supply. The year is 2014.Africa still prides itself on…


