iblawi:


Tell him to e-transact is Nigerian own and it is by far more successful than than the rubbish he called.

The Kenyans say too much rubbish. I still use mobile money everyday in Nigeria and am not limited to that cause I still use my mobile banking app to do any form of transaction online which is still not common in Kenya.

Kenyans use mobile money because the lack banking infrastructures.

Exactly. And E-transact makes so much money in Nigeria than mPesa in Kenya.
Mpesa will never penetrate West Africa (the largest region of Africa). It also failed in S. Africa.

TayserMahiri:


The only sad part about this statement is that M-pesa has not reached 51 % of West Africa, which is from one country called Nigeria.
Don't worry about the others that are yet to pick up mpesa in the other 49 %, because their governments have no fear of losing control over invisible money. Please, this is not ghost money nigerians.
The numbers in those open minded countries that have embraced m-pesa will jump up very fast. Once they comprehend the full benefits of being able to send money anytime, anywhere, to anyone, and being able to pay bills at any time, from anywhere, without being physically present and without ever needing to carry cash around corners of cities like Lagos.

Guy, i really dont know your problem.
Who told you that Nigerians don't use mobile money? We dont have Mpesa doesnt mean we don't do mobile money. Ours is just in form of mobile banking. We use our mobile banking apps to transfer money across the world and pay bills at the spot, through our mobile banking apps and E-transact. And that is how it is done in most of W.Africa.
Is that any different from what Mpesa offers?

This all takes us back to the same ish.
Kenya nor the whole E. Africa has absolutely nothing on the life of the average Nigerian or W. African.
At least, no Nigerian, W. African or SubSaharan African can deny the influence of South African satelite television ( DSTv and Gotv), among others like Mtn and Shoprite which also has a large influence on a large part of the continent.
Nigeria's entertainment industry covers the whole SubSaharan Africa and is even penetrating Northern Arab Africa. Same thing with our banks which are the biggest players in Africa, our fashion industry and our churches.

I can't speak for Central Africa or Southern Africa because i have never lived there, but anything you mention i believe should have influence on the life of the average W.African (as the largest region of the continent)!

So i am still waiting on you. Your Mpesa has failed. Is Mpesa all you know?

TayserMahiri:


Whatever, the southerners should not teach the poor northerners drug trafficking. I love how you quickly denied being a southerner, most likely for your personal reputation.

You must be a clown.
I am from the north, but i was born, bred and still living in the South. Infact, it sometimes seem to me as if i love the south more than my own North-central region.

I am not ashamed to admit it that Southernerns are the backbone of Nigeria. 80% of the wealth, natural rescources, human rescources and creativity of Nigeria is from the South. Without the South, northern Nigeria would have been somewhat like a bigger form of Niger republic because northern leaders have completely missed it.
This hardworking, adventurous, determined and smart nature of Southern Nigerians is what has actually and unfortunately been negatively viced to make some of them keep on bringing insult and disgrace to us from foreigners by their dubious means. However i accept it as i know that every society has it's ills too.
We central Nigerians and northernerns are more laid back and it is also what has made us less innovative and productive like the southernerns and at the same time bringing less shame to the country im the aspect of crime.
However, the truth is that the Southern lifestyle and mentality is gradually penetrating the north and it has taken about half of my own region (central Nigeria) and is spreading northwards and with time we may be no different from the average southerner. Many core-northernerns are now regretting their lifestyle because it is now obvious to them that their style has kept them in poverty and backwardness.

So, you can see that Nigerians are all actually getting together and with time, the divisions will gradually fall as poverty and illiteracy reduces.

TayserMahiri:


Only a nigerian would think kenya is a very rich country, we are not rich. We are heading there. The only reason we are here is because a nigerian came up with a topic that kenya is ahead of nigeria, and you have done little to prove it wrong. The only time you tried was with the GDP, and you couldn't fool anyone. Your statistics was proven to be as fake as nigerian oil money proceeds

Which statistics are fake? The fact that the whole world including the world financial organizations like IMF e.t.c have accepted that Nigeria is Africa's largest economy or which one?
The average Nigerian is richer than the average Kenyan, almost twice and that fact is not going to change anytime soon.

Maduawuchukwu:
I have noticed hw these Kenyan folks take so much interest in our country to the extent that they know the xteristics of the different parts of our country. I think it shows the level of low self-esteem they got that they spend their whole life browsing about Naija just like Africans browse all day about the USA.
They wish they were born Nigerians .

Exactly. I have observed that these Kenyans really have low self esteem. They know so much about Nigeria than some of them even know about their own Kenya. They spend their day and nights om Nigerian platforms just as many Africans want to know about USA.
They always feel very precious, massage their little egos or feel some sense of hope when Nigerians engage them in conversations and debates. You can see the eagerness and desperation in them.

Well, i feel they should just continue, at least, this makes many Nigerians to know that even though we are not there yet, at least we have many people looking up to us and wishing they could be us.

Nowenuse:


Exactly. I have observed that these Kenyans really have low self esteem. They know so much about Nigeria than some of them even know about their own Kenya. They spend their day and nights om Nigerian platforms just as many Africans want to know about USA.
They always feel very precious, massage their little egos or feel some sense of hope when Nigerians engage them in conversations and debates. You can see the eagerness and desperation in them.

Well, i feel they should just continue, at least, this makes many Nigerians to know that even though we are not there yet, at least we have many people looking up to us and wishing they could be us.

Thousand of nigerians live here in the gutter.
Am curious why we dont deport them.

iblawi:


First ask people if we use MTN mobile money?
It was never successful because even the banks have better and more convenient ways of doing mobile transaction.

By the way, ask people from countries with adequate banking infrastructure and they will tell you it's not as widely used like proper mobile banking.

I only use mobile money when am out of data and the service is provided by our local banks not mpesa. The only advantage mobile money have over mobile banking is that is that it doesn't require Internet connection and even a touch light phone can send money.

Any phone that can make call and send sms can be used for mobile money. But, why should Nigerians border about this? When recent statistics shows over 150 million lines are active in Nigeria as at March 2017 with most of them being smart phones.
http://www.nigerianwatch.com/150-million-telephone-lines-active-in-nigeria/

Mobil money or banking to me is the same. The only difference is one comes from phone company and the other is a virtual bank account, depending who is offering. In europe we download apps (developed by banks) on phones with thousands of function. And you dont need to know what bank card can do. Hell they are better than any mobile banking

So mobil money/banking are just individual solutions. In nigeria, banks controll everyone (most corrupt). In kenya no bank is to big to fail ( can not lobby the GoK)

Bottom line: nothing to be proud off here. Useless stupid africans. The whole world has mobil banking.

sHOTdownHawk:


Mobil money or banking to me is the same. The only difference is one comes from phone company and the other is a virtual bank account, depending who is offering. In europe we download apps (developed by banks) on phones with thousands of function. And you dont need to know what bank card can do. Hell they are better than any mobile banking

So mobil money/banking are just individual solutions. In nigeria, banks controll everyone (most corrupt). In kenya no bank is to big to fail ( can not lobby the GoK)

Bottom line: nothing to be proud off here. Useless stupid africans. The whole world has mobil banking.

Now you are wrong again. Mobile banking is not the same as mobile money. The effectiveness and limitations are completely different. In Nigeria we don't use a virtual account for transactions.

E-transact, interswitch, remitta, quicktelller, GIFMIS, etc are not owned by any bank and they are widely used. My brother it's not our fault that we've grown beyond your comprehension.

We do online transactions without pay for service here unlike your mpesa you pay for services you are suppose to enjoy freely. The only time you pay for service is when you do interbank transaction but paying bills is free and transferring cash with the same bank is also free.

Now you see we have lots of options to pick from.

Lastly (@ bolded), the whole world have mobile banking but Kenya is still battle with Mpesa because you lack banking infrastructure. Don't you guys wonder why your Mpesa is failing every where it goes? The answer is simple. The whole world has gone beyond that mobile money nonsense.

UncleJJ:


Ghana... that sh|it hole, ugliest men in Africa . Ghanian and South African girls are dying for Nigerian men.

Nothing moves in Ghana, if Naija no say so. Your entire fu|cking entertainment industry is on respirator and its a Nigerian generator providing the power to run it.

Rather hang out in Kenya , than Ghana... like South African's they can kill anything that carries a Nigerian scent ... fu}ckers are paranoid.

You are talking as if Obasanjo is a Ghanaian.
Which people are uglier than nigerians?
You idiots are not just ugly but smell like poo as well.
Which sensible Ghanaian girl will even dream of dating a smelly ugly mumugerian?
You fools chase after prostitutes in Ghana like dogs and you think it's an achievement?
You are really dumb and stupid.
An oil producing country without electricity.
You are not even ashamed.
Humans are talking and an idiot from a useless poor country like nigeria is also talking.
Are you mad?
We are talking about better things and you are talking about entertainment.
Don't you know your entertainment industry is being controlled by Ghanaians?
Because of your stupid accent most of your so called celebrities are beginning to sound like Ghanaians

iblawi:


First ask people if we use MTN mobile money?
It was never successful because even the banks have better and more convenient ways of doing mobile transaction.

By the way, ask people from countries with adequate banking infrastructure and they will tell you it's not as widely used like proper mobile banking.

I only use mobile money when am out of data and the service is provided by our local banks not mpesa. The only advantage mobile money have over mobile banking is that is that it doesn't require Internet connection and even a touch light phone can send money.

Any phone that can make call and send sms can be used for mobile money. But, why should Nigerians border about this? When recent statistics shows over 150 million lines are active in Nigeria as at March 2017 with most of them being smart phones.
http://www.nigerianwatch.com/150-million-telephone-lines-active-in-nigeria/

And this is how Nigerians seem to miss the point at every single step. They don't give a rats a$$ about the poorer in society, who are the vast majority. As at April 2015, Kenya topped the list of the banked population in AFRICA at 75 %. South Africa was second at 70 % and guess where the giants were? A pitiful 44 %. Kenya’s banked population is above the global average of 62 per cent. Nigeria is way off the global average.

So now nigerians, when do you plan to actually bridge the gap of a whooping 56 % unbanked population? By establishing Bank branches in the floating slums of Makoko or the terror infested north? You need real solutions to real problems brothers! Not trying hard to copy the developed world who have adequate banking infrastructure. Your banking infrastructure is not adequate, what you have are big banks, which of course do not reach the poor majority. 56 % is not a small percentage, don't dream of bridging it with smartphones that the majority do not have. The banks of naija are busy expanding out of nigeria you would think they have done the full job back home! But guess what, those banks also don't care about the 56 %. For them, the poor nigerians are useless, they'd rather go to other parts of the world and tap there.

Once again, your banking infrastructure is not adequate, not when more than half your population is unbanked.

obaaderemi:
I grew up with Ghanaians and had Ghanaian teachers.They are good and honest people.

I thought the same too.

sHOTdownHawk:
They have tried twice to introduce MB in nigeria but MTN got side-tracked by nigerian banks

Lets just say they are working hard enough not to be fully owned by South Africa. The same MTN cannot dare set foot in Kenya, despite being in countries all around us.

Nowenuse:


Exactly. And E-transact makes so much money in Nigeria than mPesa in Kenya.
Mpesa will never penetrate West Africa (the largest region of Africa). It also failed in S. Africa.

I don't know what you mean by penetrate because it is already in at least six countries there. And the only reason it has not been set up in naija is because the CBN cannot fathom losing control of all the virtual money

Nowenuse:


Guy, i really dont know your problem.
Who told you that Nigerians don't use mobile money? We dont have Mpesa doesnt mean we don't do mobile money. Ours is just in form of mobile banking. We use our mobile banking apps to transfer money across the world and pay bills at the spot, through our mobile banking apps and E-transact. And that is how it is done in most of W.Africa.
Is that any different from what Mpesa offers?

This all takes us back to the same ish.
Kenya nor the whole E. Africa has absolutely nothing on the life of the average Nigerian or W. African.
At least, no Nigerian, W. African or SubSaharan African can deny the influence of South African satelite television ( DSTv and Gotv), among others like Mtn and Shoprite which also has a large influence on a large part of the continent.
Nigeria's entertainment industry covers the whole SubSaharan Africa and is even penetrating Northern Arab Africa. Same thing with our banks which are the biggest players in Africa, our fashion industry and our churches.

I can't speak for Central Africa or Southern Africa because i have never lived there, but anything you mention i believe should have influence on the life of the average W.African (as the largest region of the continent)!

So i am still waiting on you. Your Mpesa has failed. Is Mpesa all you know?

Guy, look around and notice that no country has developed from the entertainment industry. In the countries where entertainment scene is strong such as USA and Jamaica, the people involved generally come from the marginalized communities such as blacks in USA. Entertainment is in most cases to make life bearable. Which is what is happening now in nigeria, people are looking for places to immerse their tribulations.
I also notice you mention churches as another industry you are excelling in as well as fashion. Well
That is, since the the vast population is unbanked, and the number of problems just keep multiplying, nigerians are immersing themselves into music, churches and dressing nicely to feel good. Talk about burrowing your head in the sand. As soon as you lift up your head, reality will have gone nowhere. It will be right there staring at you.

Nowenuse:


However, the truth is that the Southern lifestyle and mentality is gradually penetrating the north and it has taken about half of my own region (central Nigeria) and is spreading northwards and with time we may be no different from the average southerner. Many core-northernerns are now regretting their lifestyle because it is now obvious to them that their style has kept them in poverty and backwardness.

Is the oil in nigeria in the south or north or central? I really don't know. Maybe southerners had a headstart if the oil is in the south. If it is in the north, then I don't know whether its what messed them up. All I know is that being an Islamic region/country is not exactly a blessing in terms of progress. There is something wrong between Islamic and progress, with a few exceptions such as Dubai. Glad to hear they are regretting their lifestyle now.
Do they aim to be like southerners now? Because that will be a complete U-turn, from laid-backness to illegal activities.

Nowenuse:


Which statistics are fake? The fact that the whole world including the world financial organizations like IMF e.t.c have accepted that Nigeria is Africa's largest economy or which one?
The average Nigerian is richer than the average Kenyan, almost twice and that fact is not going to change anytime soon.

The fake statistics is that the largest economy in Africa also has one of the highest unbanked populations, among the lowest HDI, but the worst of all is that they depend almost exclusively on oil so that their economy swings like a pendulum with oil prices. That is to say, the largest economy in Africa (if we assume they were well calculated) is also among the most precarious and can fall down in a thud in the blink of an eye. Talk about an elephant on top of a tree. You wonder how it got there, but you know all too well how the fall will be. And they don't seem to have plans of diversifying the economy, with the biggest visible mode of diversification being "adventure" as one nigerian called it. I am sure you have been shown before that your gdp figures look as suspect as any nigerian deal.

sHOTdownHawk:


Thousand of nigerians live here in the gutter.
Am curious why we dont deport them.

We can let them stay for entertainment purposes.

sHOTdownHawk:


Mobil money or banking to me is the same. The only difference is one comes from phone company and the other is a virtual bank account, depending who is offering. In europe we download apps (developed by banks) on phones with thousands of function. And you dont need to know what bank card can do. Hell they are better than any mobile banking

So mobil money/banking are just individual solutions. In nigeria, banks controll everyone (most corrupt). In kenya no bank is to big to fail ( can not lobby the GoK)

Bottom line: nothing to be proud off here. Useless stupid africans. The whole world has mobil banking.

Do they even know that average kenyans, no matter how poor can buy government bonds with their phones in the comfort of their homes?
This ensures that everyone, even the poor kiosk owner or house maid can participate in development by investing their savings in government bonds. Anyone with mobile money account , which stood at 88 % of overall population last year, can invest as little as $ 30 and make their money count in development. This is transformational, and is the first ever such case in the world. Where no one is blocked from investing in government bonds, however rich or poor, and it only takes clicking a few buttons as you go about your usual business.

TayserMahiri:


The fake statistics is that the largest economy in Africa also has one of the highest unbanked populations, among the lowest HDI, but the worst of all is that they depend almost exclusively on oil so that their economy swings like a pendulum with oil prices. That is to say, the largest economy in Africa (if we assume they were well calculated) is also among the most precarious and can fall down in a thud in the blink of an eye. Talk about an elephant on top of a tree. You wonder how it got there, but you know all too well how the fall will be. And they don't seem to have plans of diversifying the economy, with the biggest visible mode of diversification being "adventure" as one nigerian called it. I am sure you have been shown before that your gdp figures look as suspect as any nigerian deal.

Naijjans,I'm ready to reveal your real GDP figures not the fake figure you throw around as laughable as the idea of a talking cow. Just say the word and I'll show how your REAL GDP is lower than ours. Yes,you got that right!

Btw,I swear this excessive self esteem is a Naij thing. Ime,its one of the surest signs of foolishness which leads to trash talking and unnecessary antagonism and ill will. Look at this negro Burna boy who this week stumbled into town and swindled hard working Nairobians with a drunken lip sync demo supposedly a 'live show.'

At one point, he got the ladies screaming when he took off his T-shirt while performing "All Eyes On Me", but that was not enough to keep the crowd thrilled.

The performance which lasted under 30 minutes has since sparked a massive social media uproar with fans expressing their disappointment.

http://www.the-star.co.ke/news/2017/04/04/burna-boy-delivers-mediocre-performance-at-nairobis-privee_c1536785

As mad Kenyans gave him an earful he totally destroyed his local market with this most unwise tweet:

www.nairaland.com/attachments/5107977_img20170405104829_jpeg42316c422850ac90dc1882fe1b139100

Fyi,Davido did the same thing 2 years back. This arrogance;the contempt for others may be a cultural thing but the consequences are painful:it reminds me of one of the best quotes from Taken by ex CIA agent Bryan Mills looking for his daughter:

You come to this country, take advantage of the system and think because we are tolerant that we are weak and helpless. Your arrogance offends me. And for that the rate just went up 10%.

Change your ways!

iblawi:


Now you are wrong again. Mobile banking is not the same as mobile money. The effectiveness and limitations are completely different. In Nigeria we don't use a virtual account for transactions.

E-transact, interswitch, remitta, quicktelller, GIFMIS, etc are not owned by any bank and they are widely used. My brother it's not our fault that we've grown beyond your comprehension.

We do online transactions without pay for service here unlike your mpesa you pay for services you are suppose to enjoy freely. The only time you pay for service is when you do interbank transaction but paying bills is free and transferring cash with the same bank is also free.

Now you see we have lots of options to pick from.

Lastly (@ bolded), the whole world have mobile banking but Kenya is still battle with Mpesa because you lack banking infrastructure. Don't you guys wonder why your Mpesa is failing every where it goes? The answer is simple. The whole world has gone beyond that mobile money nonsense.

You have hit the nail on the head.
So u mean these Kenyattas actually pay for the Mpesa services? That Mpesa must be bleeped up then.

If truly these Kenyattas do not have the options of mobile banking as we do with so many options to choose from, then the country is bleeped up. I can only imagine what monopoly the so called Mpesa will have over their country and thereby milking their citizens like cash cows.
Let them keep on dreaming of Mpesa spreading in West Africa. It will never work.

TayserMahiri:


And this is how Nigerians seem to miss the point at every single step. They don't give a rats a$$ about the poorer in society, who are the vast majority. As at April 2015, Kenya topped the list of the banked population in AFRICA at 75 %. South Africa was second at 70 % and guess where the giants were? A pitiful 44 %. Kenya’s banked population is above the global average of 62 per cent. Nigeria is way off the global average.

So now nigerians, when do you plan to actually bridge the gap of a whooping 56 % unbanked population? By establishing Bank branches in the floating slums of Makoko or the terror infested north? You need real solutions to real problems brothers! Not trying hard to copy the developed world who have adequate banking infrastructure. Your banking infrastructure is not adequate, what you have are big banks, which of course do not reach the poor majority. 56 % is not a small percentage, don't dream of bridging it with smartphones that the majority do not have. The banks of naija are busy expanding out of nigeria you would think they have done the full job back home! But guess what, those banks also don't care about the 56 %. For them, the poor nigerians are useless, they'd rather go to other parts of the world and tap there.

Once again, your banking infrastructure is not adequate, not when more than half your population is unbanked.

This is madness on rampage! And where did you pull your statistics from? Your ass? Or some random online rubbish?

Kenya where only 30% of the people live in Urban areas and the remainder in 1st class world slums and villages drinking animal blood? Pls try another lie.

Remember, i told you to help me with the list of the 47 counties in Kenya and their administrative capital cities (and populations attached) since you claimed that the 47 Kenyan counties are equal to the 36 Nigerian states and their administrative capital cities. Pls i am waiting for the list!

TayserMahiri:


Guy, look around and notice that no country has developed from the entertainment industry. In the countries where entertainment scene is strong such as USA and Jamaica, the people involved generally come from the marginalized communities such as blacks in USA. Entertainment is in most cases to make life bearable. Which is what is happening now in nigeria, people are looking for places to immerse their tribulations.
I also notice you mention churches as another industry you are excelling in as well as fashion. Well
That is, since the the vast population is unbanked, and the number of problems just keep multiplying, nigerians are immersing themselves into music, churches and dressing nicely to feel good. Talk about burrowing your head in the sand. As soon as you lift up your head, reality will have gone nowhere. It will be right there staring at you.

All this plenty rubbish, you typed just to divert the fact that you cannot list one aspect in which Kenya as a country affects the life of the average W. African?
Ok, let me assume i am being too harsh on you, you can list anything for the whole East Africa. Try the whole East Africa and maybe you will come up with something.....come on come on boy , don't tell me the whole part of your part of the continent is know for failure, wars and refugees (Somalia, South Sudan, Ethiopia)?
I guess we now know the people dragging Africa backwards.

TayserMahiri:


Guy, look around and notice that no country has developed from the entertainment industry. In the countries where entertainment scene is strong such as USA and Jamaica, the people involved generally come from the marginalized communities such as blacks in USA. Entertainment is in most cases to make life bearable. Which is what is happening now in nigeria, people are looking for places to immerse their tribulations.

Oga try another lie. The movie entertainment industry of America is dominated by the whites. The blacks only dominate the music.

Officially, the entertainment industry of America is worth about $500 billion dollars (the entire GDP of East Africa put together and multiplied by 2)
This is a country that started entertainment from the scratch when they had nada and today they are leading the world there.

TayserMahiri:


Is the oil in nigeria in the south or north or central? I really don't know. Maybe southerners had a headstart if the oil is in the south. If it is in the north, then I don't know whether its what messed them up. All I know is that being an Islamic region/country is not exactly a blessing in terms of progress. There is something wrong between Islamic and progress, with a few exceptions such as Dubai. Glad to hear they are regretting their lifestyle now.
Do they aim to be like southerners now? Because that will be a complete U-turn, from laid-backness to illegal activities.

Well, since u love eavesdropping or peeking into Nigerian affairs, why don't you enlighten yourself about that by doing your daily google on Nigeria?

Nowenuse:


This is madness on rampage! And where did you pull your statistics from? Your ass? Or some random online rubbish?

Kenya where only 30% of the people live in Urban areas and the remainder in 1st class world slums and villages drinking animal blood? Pls try another lie.

Remember, i told you to help me with the list of the 47 counties in Kenya and their administrative capital cities (and populations attached) since you claimed that the 47 Kenyan counties are equal to the 36 Nigerian states and their administrative capital cities. Pls i am waiting for the list!

Just let the Kenyans be. The just keep bringing up useless claim just to have opportunity to relate with Nigerians.

Just ask them to tell you 1 sector they are better than Nigeria and you will see irrelevant things they will come up with. Agriculture, industrialization, education, power, infrastructure, mining, transportation, communication, banking, science and technology, health, real estate, etc you will discover than we have @ minimum 2 times of whatever they mention.

Look on every page in this thread you will find pics of railway everywhere and the funny part of it is that it has a top speed of just 100km/h and it's not even functioning yet while ours have a top speed of 160km/h and we are even negotiating how it can attain 200-250km/h. They are only deceiving themselves.

Just compare the new prototype with minister of transportation. The difference is clear my brother.

Nowenuse:


This is madness on rampage! And where did you pull your statistics from? Your ass? Or some random online rubbish?

Kenya where only 30% of the people live in Urban areas and the remainder in 1st class world slums and villages drinking animal blood? Pls try another lie.

Remember, i told you to help me with the list of the 47 counties in Kenya and their administrative capital cities (and populations attached) since you claimed that the 47 Kenyan counties are equal to the 36 Nigerian states and their administrative capital cities. Pls i am waiting for the list!

I don't expect you to agree with statistics that have not been cooked. You are used to cooked Naija statistics. However, true statistics really do exist. Hold your breath.

Estimates from the Finscope surveys suggest that in Africa, the proportion of the population without access to formal financial services ranges from 44 percent in South Africa to 92 percent in Mozambique (see Honohan and King 2012). Nigeria, the most populous country in Africa, lies at the higher end of this scale with 79 percent, approximately four-fifths of the adult population, estimated to be unbanked. At least you have improved a bit since then because as at last year, you were rolling drums at a measly 44 %.

Source: WorldBank, I know you love worldbank and IMF because they agree with your GDP numbers. You either choose to believe this here is a lie, or believe your GDP figure is cooked. You don't cherry pick data.
http://blogs.worldbank.org/allaboutfinance/the-unbanked-four-fifths-informality-and-barriers-to-financial-services-in-nigeria-michael-king-janu

"Out of those, only about 40,000 are active and only about 16 percent of Nigeria’s 44 percent banked population have debit cards. Furthermore, electricity and internet outages in Nigeria make consumers less likely to use cards at places like restaurants and stores."

Hehe,
these things are all intertwined. No electricity >>> poor internet >>> unbanked people >>> people running away

Here is the chart, you will notice poverty was the top reason given by nigerians for being unbanked. You will also notice No Trust as one of the reasons for not being banked.

kikuyu1:
[/b]

Naijjans,I'm ready to reveal your real GDP figures not the fake figure you throw around as laughable as the idea of a talking cow. Just say the word and I'll show how your REAL GDP is lower than ours. Yes,you got that right!

You need to expose them fake numbers from Buhari and co

iblawi:


First ask people if we use MTN mobile money?
It was never successful because even the banks have better and more convenient ways of doing mobile transaction.

By the way, ask people from countries with adequate banking infrastructure and they will tell you it's not as widely used like proper mobile banking.

I only use mobile money when am out of data and the service is provided by our local banks not mpesa. The only advantage mobile money have over mobile banking is that is that it doesn't require Internet connection and even a touch light phone can send money.

Any phone that can make call and send sms can be used for mobile money. But, why should Nigerians border about this? When recent statistics shows over 150 million lines are active in Nigeria as at March 2017 with most of them being smart phones.
http://www.nigerianwatch.com/150-million-telephone-lines-active-in-nigeria/

Thats just alot of crap you guys keep spewing, Someone from Mauritius or Botswana or Algeria should boast of banking infrastructure, not from Nigeria.. What Nigeria has is big banks, it doesn't have a banking infrastructure that caters for its population...

First of all, before we even talk about Mobile Money like MPesa which you clearly don't really know about, (you think you do but you don't)
Lets talk of the banks that you keep mentioning as the preferred means of formal banking in Nigeria.. Dod you know a bigger percentage of Kenyan population have bank accounts than in Nigeria?
Nigeria has 4.9 Bank-branches per 100,000 people
Kenya has 5.9 branches per 100,000 people

Thats according to world bank http://data.worldbank.org/indicator/FB.CBK.BRCH.P5 So whats this lack of insfrastructure in kenya that you are talking about??

Kenya has a better distribution of bank branches than Nigeria read this...

Nigeria has the most number of account holders being served by one bank branch at 71,063, Uganda has the second highest number at 29,118 followed by Kenya at 15,163. Ghana had the lowest number of account holders per bank branch.

GLOBAL RANKING
Compared to the average for these four countries, Ghana and Kenya are well below the average while the average number of account holders served by a branch in Nigeria is more than twice that of the average.

This suggests that Nigerian banks have a thinner spread of branches and have more people served per branch than is the case in Ghana, Kenya and Uganda.

We could therefore say that Kenya, like Ghana has far higher banking spread compared to Uganda and Nigeria.

Kenya seems to have a high number of banks and a good density of branches and holds well compared to the region.
http://www.nation.co.ke/newsplex/Newsplex-overbanked/2718262-2963604-mji55n/index.html

This clearly shows your bank only serve the rich and middle-class and alot of petrodolaar companies..... No wonder you and your fellow mates keep on talking about how people in Nigeria use e-transaction because they have bank accounts.. You guys probably still equate owning a credit card as a sign that you are well off... While in Kenya its just a card you don't really need.... Mpesa is waaay better, I mean if one were to send me $500 right now from any part of the world throgh skrill or paypal, to my bank account, in the next 2 minutes I will be holding cash after withdrawing it from the Mpesa agent right outside my apartment...

Here is how Nigeria shoulnt really talk about Mobile banking (the only thing you got going for you is big population, nothing else, meaning even if jus a small portion of the population do mobile bnanking, its still very profitable.....


------------------------
So you say you use Mobile banking through Mobile apps and you say its free, lets see of its really free from the customers point ..

1)For you to do mobile banking tranaction, you need internet (Incur Data charges),
2)For you to use Internet, You need a smart-phone ---- Well guess what, only 30% of nigerians own a smart phone that leave 70% of nigerians out of reach for mobile banking!!!!! ohh lets not forget, already 84 Million Nigerians don't have bank accounts -Thats twice the population of kenya all of these people could really use mobile money, considering Nigeria Mobile penetration rate is 94%
http://www.vanguardngr.com/2017/01/tech-will-help-unbanked-population-2/
3) ATMs in Nigeria are statisticly found 10KM of drive ---- Thats a N1,000 in transport to withdraw from an ATM...

All these are extra costs that you incur every-time



Mobile money beats any time of p2p e-tranaction out there, you can take that to the bank..... the reason its not succesfull in places like SA is because people with credit cards think they don't need it and not enough network is built for it to support the technology... You see most people from outside assume alot of things on why Mpesa is successful in Kenya, but the reason why that success has happen is because alot of investment was made into having those mobile agents.... Thats network of agents is what makes Mpesa realy thrive... For exaple, Nigeria has 1,600 branches, about 15,000 ATMs... Sooner of later, you will need to que up in you already overcrowded banks or atm machine to withdraw cash which is still the most common type of tranacting... Mpesa has 150,000 Agents to who you can deposit or withdraw cash, they are ubiquitous, You can find an Mpesa agent anywhere and everywhere.... plus, you can even pay the grocerry lady at the conershop with mpesa,,,, you cant do that with your credit card..

right now I can take 5 minutes to pay someone school fees,
Save money in my mobile wallet,
bay any type of bill
Hell I can even pay fine if I get a traffic ticket right on the spot when the police stop me....
If I got arrested today and charged in a court and I had nothing in my wallet, All I need is a phone call cand I can pay the bail to be released
I can withdraw money from a bank to my mpesa
-------------------------------
I can do all these things without ever having to step into a bank...Ever, I will never que, I will never have to look for my bank account monthly statement or report to see where my credit card was used and what hidden cost I uncured





-------
I can write a 15 page proposal on why and how Mpesa is waay better than mobile banking..... but to avoid making this a long reply let me just finish with this video......



Perhaps you should watch a guy from a trully developed country explain why Mpesa is better than mobile banking using smart-phones and apps



https://www.youtube.com/watch?v=D9_6G8J6VJg

TayserMahiri:


I don't expect you to agree with statistics that have not been cooked. You are used to cooked Naija statistics. However, true statistics really do exist. Hold your breath.

Estimates from the Finscope surveys suggest that in Africa, the proportion of the population without access to formal financial services ranges from 44 percent in South Africa to 92 percent in Mozambique (see Honohan and King 2012). Nigeria, the most populous country in Africa, lies at the higher end of this scale with 79 percent, approximately four-fifths of the adult population, estimated to be unbanked. At least you have improved a bit since then because as at last year, you were rolling drums at a measly 44 %.

Source: WorldBank, I know you love worldbank and IMF because they agree with your GDP numbers. You either choose to believe this here is a lie, or believe your GDP figure is cooked. You don't cherry pick data.
http://blogs.worldbank.org/allaboutfinance/the-unbanked-four-fifths-informality-and-barriers-to-financial-services-in-nigeria-michael-king-janu

"Out of those, only about 40,000 are active and only about 16 percent of Nigeria’s 44 percent banked population have debit cards. Furthermore, electricity and internet outages in Nigeria make consumers less likely to use cards at places like restaurants and stores."

Hehe,
these things are all intertwined. No electricity >>> poor internet >>> unbanked people >>> people running away

Here is the chart, you will notice poverty was the top reason given by nigerians for being unbanked. You will also notice No Trust as one of the reasons for not being banked

Why don't you spend time looking for failures of Kenya instead of Nigeria. I believe your problem in kenya is more than that of Nigeria. Nairobi has about 3 million people living in it and UN still claim 1.2 of them are slum dwellers and it still doesn't disturb you. Now am beginning to wonder if it's the effect of Nigeria's influence that is disturbing you guys.

Look, despite our population we still have 1 of the fastest Internet speed in Africa so your source is a big lie. Unbanked people! This is serious o? You claim no electricity but Nigerian still have more industries than you do. So how do the they power their equipments? How many times do we have to educate you that generators, solar, etc are also sources of power?

The funny part of the whole thing is that your source is almost a decade old. This makes me wonder if you guys are trained on how to carry out research.

Nowenuse:


All this plenty rubbish, you typed just to divert the fact that you cannot list one aspect in which Kenya as a country affects the life of the average W. African?
Ok, let me assume i am being too harsh on you, you can list anything for the whole East Africa. Try the whole East Africa and maybe you will come up with something.....come on come on boy , don't tell me the whole part of your part of the continent is know for failure, wars and refugees (Somalia, South Sudan, Ethiopia)?
I guess we now know the people dragging Africa backwards.

After dragging Ghana into the mix, you are now dragging Somalia, S.Sudan and Ethiopia! Make a point for your sad country, leave others alone with their problems.

Fidha254:

Thats just alot of crap you guys keep spewing, Someone from Mauritius or Botswana or Algeria should boast of banking infrastructure, not from Nigeria.. What Nigeria has is big banks, it doesn't have a banking infrastructure that caters for its population...

First of all, before we even talk about Mobile Money like MPesa which you clearly don't really know about, (you think you do but you don't)
Lets talk of the banks that you keep mentioning as the preferred means of formal banking in Nigeria.. Dod you know a bigger percentage of Kenyan population have bank accounts than in Nigeria?
Nigeria has 4.9 Bank-branches per 100,000 people
Kenya has 5.9 branches per 100,000 people

Thats according to world bank http://data.worldbank.org/indicator/FB.CBK.BRCH.P5 So whats this lack of insfrastructure in kenya that you are talking about??

Kenya has a better distribution of bank branches than Nigeria read this...




This clearly shows your bank only serve the rich and middle-class and alot of petrodolaar companies..... No wonder you and your fellow mates keep on talking about how people in Nigeria use e-transaction because they have bank accounts.. You guys probably still equate owning a credit card as a sign that you are well off... While in Kenya its just a card you don't really need.... Mpesa is waaay better, I mean if one were to send me $500 right now from any part of the world throgh skrill or paypal, to my bank account, in the next 2 minutes I will be holding cash after withdrawing it from the Mpesa agent right outside my apartment...

Here is how Nigeria shoulnt really talk about Mobile banking (the only thing you got going for you is big population, nothing else, meaning even if jus a small portion of the population do mobile bnanking, its still very profitable.....


------------------------
So you say you use Mobile banking through Mobile apps and you say its free, lets see of its really free from the customers point ..

1)For you to do mobile banking tranaction, you need internet (Incur Data charges),
2)For you to use Internet, You need a smart-phone ---- Well guess what, only 30% of nigerians own a smart phone that leave 70% of nigerians out of reach for mobile banking!!!!! ohh lets not forget, already 84 Million Nigerians don't have bank accounts -Thats twice the population of kenya all of these people could really use mobile money, considering Nigeria Mobile penetration rate is 94%
http://www.vanguardngr.com/2017/01/tech-will-help-unbanked-population-2/
3) ATMs in Nigeria are statisticly found 10KM of drive ---- Thats a N1,000 in transport to withdraw from an ATM...

All these are extra costs that you incur every-time



Mobile money beats any time of p2p e-tranaction out there, you can take that to the bank..... the reason its not succesfull in places like SA is because people with credit cards think they don't need it and not enough network is built for it to support the technology... You see most people from outside assume alot of things on why Mpesa is successful in Kenya, but the reason why that success has happen is because alot of investment was made into having those mobile agents.... Thats network of agents is what makes Mpesa realy thrive... For exaple, Nigeria has 1,600 branches, about 15,000 ATMs... Sooner of later, you will need to que up in you already overcrowded banks or atm machine to withdraw cash which is still the most common type of tranacting... Mpesa has 150,000 Agents to who you can deposit or withdraw cash, they are ubiquitous, You can find an Mpesa agent anywhere and everywhere.... plus, you can even pay the grocerry lady at the conershop with mpesa,,,, you cant do that with your credit card..

right now I can take 5 minutes to pay someone school fees,
Save money in my mobile wallet,
bay any type of bill
Hell I can even pay fine if I get a traffic ticket right on the spot when the police stop me....
If I got arrested today and charged in a court and I had nothing in my wallet, All I need is a phone call cand I can pay the bail to be released
I can withdraw money from a bank to my mpesa
-------------------------------
I can do all these things without ever having to step into a bank...Ever, I will never que, I will never have to look for my bank account monthly statement or report to see where my credit card was used and what hidden cost I uncured





-------
I can write a 15 page proposal on why and how Mpesa is waay better than mobile banking..... but to avoid making this a long reply let me just finish with this video......



Perhaps you should watch a guy from a trully developed country explain why Mpesa is better than mobile banking using smart-phones and apps



https://www.youtube.com/watch?v=D9_6G8J6VJg

You guys stupidity is unbelievable? Have you ever Google the number of branches each Nigerian banks have?

I laughed when I saw the way you people contradict yourself about Nigeria Unbanked and banked population by branch.

Let me help you a little, there are banks in Nigeria with over 750 branches, some with 330 branches and even 500 branches. So, you tell me how many Kenyan banks have up to hundred branches?

For mpesa and other I like the way you people keep contradicting yourselves.

Am done with all this lectures you guys should learn about your country first before comparing with others.