A preliminary research report from an ongoing study on Digital Financial Services, DFS, in Nigeria being undertaken by the Lagos Business School’s Sustainable DFS project has revealed that adoption of DFS in Nigeria remains critically low among the under-banked and the unbanked population.

The 2015 election will certainly come and go but the after effect may linger for a long time. Whether it is PDP or APC that eventually wins the presidential election, the party that will come to power post-election had better get prepared for the handling of the economy. As it stands, the nation is on a financial cliff that can fall off any time except a miracle happens. The one commodity that provides life support for the economy has seen its price at the international market fallen to as low as $58 per barrel.

Overcome Obstacles the day you make up your mind to start a business, that’s the day your name will be written in the ‘’book of world changers”. Being an entrepreneur isn’t as easy as some people think. If it was, we would have a high number of job opportunities. If you’re an entrepreneur or small business owner reading this content, congratulations! You’re indeed a blessing to the world. Without mincing words, here are 8 ways to overcome obstacles and limitations as an entrepreneur.

Miners Association of Nigeria, MAN, has rejected the recent increment in cadastral charges effected by the Mining Cadastral Office, MCO, and called for downward review. This was stated by the National President, MAN, Sani Shehu, in Abuja, at a media briefing on mining development in Nigeria.

Indications emerged weekend that banks have started to close the accounts of suspect Bureaux de Change (BDCs) and some politically exposed persons to avoid Economic and Financial Crime Commission’s (EFCC) raid on them. Top bankers said that in some of the banks, both registered and unregistered Bureaux de Change are facing the risk of having their accounts closed by banks.

For resource sports administrator and Director, Corporate & Government Affairs(West Africa), Cadbury Mondelezi Interna-tional, Bala Yesufu, the passage of former Eagles coach and captain, Stephen Keshi has left a big void in Nigerian football.

In a bid to effectively tackle Nigeria’s housing problems, the country requires a consistent, measurable and sustainable housing policy that must be led by government and subsequently driven by the private sector. Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this at the recently concluded 35th Annual General Meeting and Housing Symposium of Shelter Afrique held in Abuja.

Total Nigeria Plc has stated that access to Foreign Exchange (forex) remains a huge challenge in its petroleum marketing business despite the removal of oil subsidy by the Federal Government. The company has also declared a N12.00 per share dividend, having paid an interim dividend of N2.00 per share, thus making it a total of N14.00 per share dividend declared for the financial year ended December 31, 2015.

The Nigerian Airspace Management Agency, NAMA, and the Nigerian Air Force ,NAF, are collaborating to make Nigeria airspace safer. The two institutions are deliberating in the areas of security of navigational infrastructure, calibration of navigational aids, training of personnel and exchange programmes.

Heritage Bank Limited will this week commence the implementation of the N3 billion Youth Innovative Entrepreneurship Development Programme (YIEDP) of the Central Bank of Nigeria (CBN). The CBN selected Heritage Bank Limited as its pilot partner bank to unveil, administer and manage YIEDP. The programme, according to CBN, was designed to provide timely and affordable credit to assist youths in implementing their business ideas, thereby providing the mechanism of stimulating growth, reducing unemployment as well as addressing youth restiveness.

LAGOS—Financial experts have predicted that May inflation might likely hit over 14 per cent as the National Bureau of Statistics, NBS, prepares to release inflation figure for May 2016 this week. The Economic Intelligence Group of Access Bank Plc in a report weekend projected that the headline inflation for May increased to 14.7 per cent from the 13.7 per cent level in April even as the Financial Derivatives Company Limited, FDC, also estimated a spike in year-on-year inflation to 14.5 per cent for May.

Accion Microfinance Bank (AMfB), weekend, said that the economic downturn opens up opportunities to invest further in the future of Nigeria. Chairman, AMfB, Mr. Patrick Akinwuntan, said this at the bank’s 10th Annual General Meeting for the financial year ended December 31, 2015, stating, “We see the challenges, we face it but we are quite reassured that it is indeed an opportunity for us to demonstrate value to our customers and to invest further in the future of Nigeria.

ASPAC of Benin Republic Handball sharp shooter, Aliyu Shehu provided nine goals to see his side beating the hard fighting Sokoto Rima by 26 -24 in the last game of the morning session of the 3rd Sam Ocheho-InnJoo international Handball Championship yesterday at Rowe Park Handball Courts, Lagos.

Accident Investigation Bureau , AIB, has said the final report on investigations into the crash of Dana Airlines MD 83 aircraft with registration 5N-RAM, which occurred at Iju-Ishaga area of Lagos State, on 3rd June, 2012 will be released after the harmonisation of suggestions and comments of aviation stakeholders.

Last month’s price adjustment and quasi- liberalisation of downstream sector of the oil and gas industry may have started throwing up unpleasant challenges even before the policy fully takes root, following the adverse developments in the diesel and kerosene product lines in the past few weeks.