About 70 million active mobile line owners in Nigeria do not have bank accounts, the Chief Executive Officer of eTranzact International Plc., Niyi Toluwalope, has said.
Mr Toluwalope made the disclosure at the Capital Market Correspondents Association of Nigerian (CAMCAN) 2021 Annual Workshop held on Saturday in Lagos.
The eTranzact boss said that 150 million of Nigeria’s 200 million population owned mobile phone lines, 110 million owned 150 million mobile phone lines but only about 40 million had active bank verification numbers.
Mr Toluwalope said there was the need to close the gap, especially as regards small and medium enterprises.
He spoke on: “Technology as a Tool for Financial Inclusion in Nigeria: A Fintech Approach”.
He said that financial inclusion was important to the capital market industry.
According to Mr Toluwalope, financial inclusion is an important component for enabling growth.
He said: “Financial inclusion holds the answers to how we increase the participation of retail investors, how we encourage more homegrown businesses, leverage the capital market for growth and the informal sector participation in the capital market.
“The role of technology cannot be overemphasised.
“Over the past few years, technology has allowed more people to gain access to financial services, and that has increased by default, the customer base of capital market operators.
“Essentially, the rise of digital financial services means growth for the capital market.”
Mr Toluwalope said the utilisation of technology would democratise capital market access and participation.
“We can directly expand the current digital savings and investments offerings to leverage the capital market for increased returns,” he said.
He added that for financial inclusion to thrive, the sector would need collaboration of players in the private and public sectors.
He noted that the Central Bank of Nigeria as well the Securities and Exchange Commission (SEC) had taken a number of steps to drive financial inclusion.
The News Agency of Nigeria (NAN) reports that the workshop had a panel session during which representatives of the Nigerian Exchange (NGX) Ltd., FMDQ Exchange, SEC and stockbrokers pledged to continue to fashion out ways to tackle ponzi scheme activities.
The workshop was sponsored by Flour Mills of Nigeria, United Bank for Africa, Access Bank, Zenith Bank, NGX, FMDQ and SEC, among other organisations. (NAN)
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Croatian President calls PM ‘Ukrainian agent
Croatian President Zoran Milanovic called Prime Minister Andrey Plenkovic an agent of Ukraine on Friday; two days after the latter apologized to Ukrainians over the president’s comments on NATO deployments.
In a televised address on Tuesday; Milanovic said that Zagreb would withhold its troops from Eastern European NATO contingents if the situation on the Ukraine-Russia border spirals into a full-blown conflict.
On Wednesday, Plenkovic dismissed the president’s statement as “nonsense,”claiming that; the Croatian contingent stationed in Poland had already returned and apologized to the Ukrainian people.
Milanovic, the commander-in-chief, hit back in an interview with Croatia’s RTL TV, suggesting that Plenkovic’s loyalties appear to be misplaced.
Let him apologize. He acts like a Ukrainian agent, and I act like a Croatian president. That’s a huge difference.
Asked if he feels the need to apologize, Milanovic said, “No way. I think the prime minister is an ordinary poltron who goes where he doesn’t belong.” “All I’m interested in is the Croatian interest,” he added.
In his statement on Tuesday; the president accused the US of agitating the geopolitical situation in the region amid a Russian military buildup near Ukraine’s border.
“This has nothing to do with Ukraine or Russia. It has to do with the dynamics of American domestic politics.”
ALSO READ: Russia, Ukraine, France and Germany reaffirm Ukraine ceasefire
Milanovic claimed he is trying to steer Croatia clear of a potentially disastrous conflagration involving Russia.
The Croatian leader said that Ukraine must start solving “the problem” it has with the “separatists” in the country’s east through negotiations; noting that Moscow has not recognized breakaway republics either.
He added that Kiev should “not constantly confront the thermonuclear and hypersonic power, Russia. It is not Serbia. Whoever encourages them to do so is a dangerous charlatan, and there are many in Europe.”
ALSO READ: NATO rejects Russia’s ‘red line’
Milanovic’s comments on NATO have earned him a place on Kiev’s “Peacemaker” database for “anti-Ukrainian activity,” and he’s been accused of justifying “Russian aggression.”
He told RTL TV that he’s “neither a Ukrainian enemy nor a Russian friend” but is rather focused on the well-being of his own country.
Brutal lady gives man beating of his life (Photos, Video)
A trending video has surfaced on social media where a lady was seen giving a man the beating of his life as onlookers refused to separate them.
It was clearly a role reversal as the lady, holding a bag on one hand was seen flinging the man down several times forcefully.
Brutal lady beats man
The incident happened in one of the Asian countries. No one knows what could have led to the fight.
The video was posted by Nollywood actress, Queeneth Hilbert on her Instagram page.
While people watched, the lady, with no underwear on, was tearing the sorry man apart, as she rained blows on his face.
An elated Hilbert wrote after posting the video: “Like what did I just watch ? 😱 Drop the motherfuckin bag bitch 🤦♀️ Tag someone who can do this 👆”
The video has garnered thousands of views and lots of comments, with the women happy that a ‘weaker vessel’ has pummeled a man to submission in a one-sided fight.
Comedia OkonLagos wrote: “Hmmmm… It’s fun and games now. It would be a different ball game if the reverse was the case.”
Brutal woman humiliates man
Obidinma Ijeoma wrote: “Just imagine, she was not wearing wig n holding a hand bag .. brutal oh.”
As for Empress 5887, “😂😂😂😂😂😂😂😂 Jesus Christ how can a lady beat a man like this?”
Watch video below:
Official_gracey said: “I’m happy she gave him what he deserve 😌.😂😂😂”
Butrish Mercy wrote: “Some guys deserves this kind of beating to reset their brain…😂😂😂😂😂😂”
According to saint 12392, “This one no be full girl oh,Okwa girl in man form, These is bobrisky In woman Form.”
From Mu, Delta, IHU to NeoCov, here is a list of the many variants of coronavirus
The deadly coronavirus emerged from a wet market in Wuhan during the year 2019. Over two years and the world is still battling the virus and its variants. Here is a list of the variants
The ‘Mu’ variant was first reported in the United States during January 2021. The cases only numbered in the single digits.
The World Health Organisation continues to classify ‘Mu’ as a ‘variant of interest’ globally.
The Alpha variant of coronavirus is believed to have gained ‘skills’ to successfully block the ‘innate immune system response.’
A research states that the variant blocks the airways sensors, thus stopping the process where these sensors ‘warn’ the immune system about the presence of a virus in the body.
Since the variant has learnt how to block the functioning of the sensors, the body is unable to produce any anti-viral protein interferon.
A scientist from the London School of Hygiene and Tropical Medicine and a member of Sage claimed, John Edmunds, warned that the Beta variant may be able to evade Covid vaccines.
“The Beta variant has remained a threat throughout. It is probably less infectious than the Delta variant that is spreading here in the UK at the moment. Where it has an advantage is that it is able to escape the immune response to a better extent,” he said.
The Gamma variant was first discovered in Brazil.
Samples of a study collected in Manaus between November 2020 and January 2021, highlighted that the Gamma variant is 1.4–2.2 times more transmissible.
It further showed that it is capable of evading 25–61 per cent of inherited immunity from previous coronavirus diseases.
The variant was first reported in Peru during December 2020. As per NHS, the main symptoms include high temperature, continuous cough, a loss or change in the sense of smell or taste.
ALSO READ: 4 covid safety behaviours the NHS is asking people to do as Plan B restrictions lifted
The Delta variant of coronavirus was responsible for a wave of cases in most countries. It was first identified in India and it led to a second wave in the nation.
Delta variantCDC claimed that the Delta variant is twice as contagious as earlier variants; and might could cause more severe illness.
Those affected by the Delta variant experience fever, cough, loss of taste, smell, as well as extreme tiredness. Sore throat, headache and diarrhea are also less common symptoms.
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