LAGOS: The $25 billion mobile money market in Nigeria is to be at the top of the agenda at the 66th Telecom Consumer Parliament (TCP) meeting on Friday in the country. The Nigerian Communications Commission (NCC) and telecom operators are hopeful that the conference can look at the challenges facing the industry in the country. The monthly event held in Lagos delivers a unique experience for operators and the government to discuss the top topics facing the telecom industry in Nigeria. It also gives weight to subscribers issues over the past month in terms of the services they are receiving, or not receiving. A statement issued by the Head, Media and Public Relations of the Commission, Reuben Muoka,said the Executive Vice Chairman of the Commission Eugene Juwah,said the theme for discussion is “Mobile Payment: The Consumer Perspective.” The total value of mobile money transactions in emerging markets is expected to grow at a compound annual growth rate (CAGR) of 54 percent from $ 25 billion in 2010, to $215 billion in 2015. “There is also a forecast that mobile money subscribers would grow from 133 million users in 2010 at a (CAGR) of 40 percent to reach 709 million users in 2015,” his office said ahead of Friday's event. BM ShortURL: http://goo.gl/eEnbL Tags: Confab, Nigeria, Telecom Section: Tech, West Africa
