THE BUSINESS ENVIRONMENT

Every game has rules, likewise in business. A businessman who will succeed must strictly follow the rules of his business. Trading in the GSM vouchers business is factually not a new concept. The market is almost as old as the as GSM industry in Nigeria itself.

This industry which came on stream in 2001 with ECONET (Now ZAIN) as first operator saw others like MTN, MTEL, GLO, VISAFONE, ETISALAT, SOOM MOBILE, STARCOMMS, etc. joining with a high growth potentiality. Nigeria economy is improving when viewing from FDI (Foreign Direct Investment) into this sector. No doubt the telecommunication business and its subordinate elements such as the industry exist. Mobile communication business and its subordinate elements have enormous wealth-creation capability. Those of us who will avail ourselves of the opportunity are bund to continue having job security even in the face of “Rightsizing” Re-organization” “Downsizing” and name it.

Though, it is NCC (Nigeria Communication Commission) that regulates the operations of network providers, network provider in-turn provides the rules for the dealers.

Please note that; the right to print recharge cards is vested exclusively on the telecommunication operators in the country such as MTN, ZAIN, GLOBACOM, etc. you can be allowed by these operators to print recharge vouchers once you meet with their conditions.

Recharge cards are in hand papers forms with computerized security sealed silver panel whilst vouchers are printed on soft paper with no security feature.