Tuesday 26 July 2011

Nigeria may become largest mobile payment market in Africa – experts say

Nigeria may indeed be positioning herself to become the largest mobile payment market in sub-Saharan Africa, analysts said at the weekend. According to the analysts, there are only 22 million individuals who have a bank account out of the 150 million people but there exists about 90 million mobile phone users, which provide huge opportunity for the development of mobile payment.

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