How mobile networks card sellers are coping with growing phone recharge services by banks

The revolution in the telecommunication sector provided job opportunities for many unemployed youths to engage in sales of recharge cards and data, especially on the streets and major roadsides.

Events in recent times appear to indicate that the source of livelihood for these budding entrepreneurs seems under threat with phone recharge services by banks which have taken over their customers.

OSRC’s Richard Ilesanmi weighs the involvement of banks and effect on reacharge cards and data sellers.