SHORT TAKES

CBi

Convention on Business Integrity (CBi), in collaboration with ActionAid and Lagos Chamber of Commerce and Industry (LCCI), have unveiled a web-based solution (ethicsqed.cbinigeria.com) to help Micro, Small and Medium Enterprises (MSMEs) meet COSO 2013 standards.

The unveiling was detailed in a communique made available to the media in Lagos.

Mr Soji Apampa, chief executive officer, Convention on Business Integrity (CBi), explained that the web-based designed aimed at preparing MSMEs meet the COSO 2013 standards on internal controls and to establish certifiable antibribery, anti-corruption standards (ABAC).

FairMoney

FairMoney, the mobile bank for emerging markets, is running the ‘No Excuses’ campaign to encourage individuals and small businesses to take advantage of its loan offering of N1,500 to N150,000. FairMoney gives more than 6,500 loans daily, and since the company commenced operations in 2017, it has disrupted the banking landscape, disbursing over one million loans to individuals and small businesses around Nigeria. A customer can download the app from the Google Play Store and, based on their credit score, calculated using Artificial Intelligence, receive an instant credit offer between N1,500 and N150,000.

DSTV

MultiChoice, operators of DStv and GOtv, is oiling its machine for the launch of what it called ‘dishless’ streaming product from next year. With ongoing broadband growth, the “internet” version of DStv is part of MultiChoice’s ongoing plans to retain and capture pay-TV subscribers in across sub-Saharan Africa who are able to and want to watch premium pay-TV content this way and without a physical installation.

Currently “DStv dishless” is still a work in progress as MultiChoice has been testing the DStv decoderless service internally.