Sunday, March 22, 2026
31.3 C
Lagos

Business

‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

Godfrey Adejumoh, a seasoned top-performing Global Business Communications Strategist...

Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

Chowdeck, Africa’s leading on-demand delivery platform, has partnered with...

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

Insurance

Leadway Spotlights Women Making Waves Through Hersurred Initiative

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Guinea Insurance Holds Signing Ceremony for N5.8bn Rights Issue

Mrs. Chioma Okigbo (Non-Executive Director), Mr. Samuel Onukwue (Non-Executive Director), Mr....

Leadway Group Launches ‘Lead Forward’ Initiative to Deepen Financial Literacy Among NYSC Corps Members 

Leadway Group, Nigeria's non-banking financial services group, has unveiled...

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

emPLE Partners Lagos State, Bastion Health for International Women’s Day “emPOWERHer” Health Drive

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

Business

‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

Godfrey Adejumoh, a seasoned top-performing Global Business Communications Strategist...

Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

Chowdeck, Africa’s leading on-demand delivery platform, has partnered with...

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

Insurance

Leadway Spotlights Women Making Waves Through Hersurred Initiative

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Guinea Insurance Holds Signing Ceremony for N5.8bn Rights Issue

Mrs. Chioma Okigbo (Non-Executive Director), Mr. Samuel Onukwue (Non-Executive Director), Mr....

Leadway Group Launches ‘Lead Forward’ Initiative to Deepen Financial Literacy Among NYSC Corps Members 

Leadway Group, Nigeria's non-banking financial services group, has unveiled...

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

emPLE Partners Lagos State, Bastion Health for International Women’s Day “emPOWERHer” Health Drive

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

CBN Honours SystemSpecs, Others for Promoting eNaira 

Mujib Ishola, Chief Technology Officer, Remita, receives an award from Mr Godwin Emefiele, the CBN Governor at the anniversary

The Central Bank of Nigeria (CBN) has recognised SystemSpecs, and presented it with an award as Nigeria’s leading fintech firm as the Payment Service Provider (PSP) of the year.

The award is in recognition of the company’s pioneering efforts in providing the first multi-use case for eNaira on its Remita platform.

The recognition formed part of the first anniversary celebration of the introduction of the eNaira.

CBN also singled out Flutterwave, Meemz Dinner, Crystal Plates, and Sahad Stores for recognition.

Aminu Mohammad Abba, Eze Chukwudi, and Abdullateef Abdulsallam were also specially acknowledged for their adoption and use of eNaira as individuals.

President Muhammadu Buhari formally launched the digital currency at the state house in Abuja on October 25, 2021.

Since its launch and deployment, eNaira has yielded key milestones, onboarded various use cases, and created a level playing field for banks, fintechs and other payment system ecosystem players.

Mr. Mreremi Atanda, the Managing Director and Chief Executive Officer of Remita Payment Services Limited (RPSL) commended the apex bank for the organisation of the event to commemorate the first anniversary of the eNaira.

“We are happy that our efforts are recognized by the regulators. We will continue to deepen the usage of the wallet on all our platforms to better serve our customers,’’ Atanda promised.

Remita was the first fintech company in Nigeria to provide multiple use cases for eNaira as it allows users to make and receive payments for diverse services and products.

The apex bank had earlier lauded SystemSpecs for this pioneering effort.

Speaking at the 286th Monetary Policy Committee (MPC) briefing, the CBN Governor, Mr Godwin Emefiele acknowledged that efforts were ongoing to promote the adoption of Nigeria’s digital currency.

He commended Remita for its pioneering role in promoting the use of eNaira for everyday use by citizens and businesses.

“Today, I am aware that people can use our eNaira on Remita.net to make purchases. You can pay for your DSTV subscriptions using eNaira, you can pay government bills, you can buy airtime and you can conduct a whole lot of transactions, using our eNaira.”

 

With a wide footprint in providing utility vending and payment services to thousands of SMEs, and private and public sector organisations, Remita has the potential to provide a major boost for the use of the digital Naira in Nigeria and beyond.

 

Hot this week

Alleged Missing N210tn: SERAP Threatens Senate President, Akpabio to Publish Names or Face Legal Action

The Socio-Economic Rights and Accountability Project (SERAP) has urged...

Leadway Spotlights Women Making Waves Through Hersurred Initiative

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Tinubu Celebrates Nigerian Modernism at Tate Modern: A Historic End to a Historic Visit

L-R: Ofovwe Aig-Imoukhuede; Chairman of Access Holdings and Coronation...

Quest Merchant Bank Named Transaction Advisor for Nigeria’s Landmark Project BRIDGE Digital Infrastructure Initiative

L-R:  Project Lead, PIU Project Bridge, Jumoke Akande; Honourable...

Topics

Great Nigeria Insurance Reports N5bn Annuity Growth in Qtr 1, 2021

Mrs. Cecilia O. Osipitan Managing Director/CEO, Great Nigeria Insurance Plc Great...

NSE Partners Access Bank to Celebrate Global Money Week

Consistent with its commitment to promote financial literacy and...

Seplat Energy Says Allegations Against CEO, Board Untrue, Misleading 

  Seplat Energy Plc has rebutted as untrue, malicious and...

FCMB Earnings Analysis: Weak Asset Quality Pressures Earnings

First City Monument Bank Group Plc released its...

Stanbic IBTC Bank Appoints Sola David-Borha as Board Chairman

The Board of Stanbic IBTC Bank Plc has announced...

$81bn Mobilised in 2015 to Tackle Climate Change

Climate finance totalling $81 billion was mobilised for projects...

Sovereign Trust Insurance Plc: 20 Years of Fueling Innovative Strategies

Sovereign Trust Insurance Plc is 20! Planted as a mustard...

Stanbic IBTC Bank Appoints Oyedeji as Independent Non-Executive Director

Mr. Wale Oyedeji The Board of Directors of Stanbic IBTC...
Exit mobile version