The Minister of the Federal Ministry of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami, says the government has reduced the current cost of data by 50%.
According to a new report released by Enhancing Financial Innovation and Access (EFInA), more Nigerians are embracing financial services, with positive impact on lending and the economy.
Coming to Nigeria, the story is not the same. The first mobile money service in Nigeria dates back to 2009. Since then, a dozen new mobile money service providers have emerged with Paga currently, topping the list.