Utiba Executive Commends Nigerian Central Bank on Mobile Payment Guidelines

Tuesday Sep 20, 2011

Utiba Executive Commends Nigerian Central Bank on Mobile Payment Guidelines

As published in the Nigerian Daily Champion on Wednesday, August 31st, Utiba’s African Sales Director Mr. Chetan Chaturvedi
lauds guidelines issued by the Central Bank of Nigeria (CNB) which demonstrate the nation’s readiness for mobile payments.  Read Full Article

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How are international remittances done over the mobile phone?

In 2008, according to World Bank estimates, migrant workers in developed countries transferred funds amounting to USD 400 billion back home to their friends and families. An equal if not larger amount is believed to have changed hands via unauthorized remittance channels like Hawala or Hundi systems. The sheer size of the market creates opportunities […]