Internet Will Destroy Fintech

This is a Short Note. Yesterday, I wrote that ICT anchored the competitive evolution of Nigeria’s new generation banks, by unleashing productivity in the sector. I made a case that Internet, through its unbounded distribution, will destroy some of the…
Jumia Parent Company Is Buying a Rocket

Jumia parent company, Rocket Internet, is buying back its shares. This is certainly surprising for a company that is known to be raising new funds to start new digital companies or pump into current ones. Buying back its shares means…
Beyond Privacy, Data-Harvesting Evolving Smartphones

The smartphones of the future will be data harvesters.  They will harvest data on the activities we perform with them, in order to improve them and make them smarter. The path to artificial intelligence (AI)-anchored smartphones world cannot happen if…
The Opportunistic America’s Nigeria

This is a Short Note. Just thinking about it, America and Nigeria share many things in common. I have lived in four states in U.S. and have experienced the diversity of its economic systems. In Alabama, you have the farms…
The Intriguing Nigeria’s Free Wifi Business Model

Over the last few months, a new business model is emerging in Nigeria: free wifi. Companies provide free wifi and then make money via advertisement and other support services. Our university campuses are becoming the first anchor recipients of these…