Monday, January 5, 2026
24.9 C
Lagos

Business

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

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

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Insurance

Lagos State Applauds Leadway, Ouida for Inspiring Festember Read along with Onakoya, Shoneyin

Leadway Group, one of Nigeria’s foremost non-banking financial services...

Leadway Launches First Ever Lifestyle Fair to Empower, Spotlight Young Entrepreneurs

Leadway, one of Nigeria’s top non-banking financial services and...

AIICO Unveils New Identity, Reimagining the Future of Protection

Left - right: Mrs. Bisola Elias (CFO, AIICO Insurance),...

Leadway Launches First Ever Lifestyle Fair to Empower, Spotlight Young Entrepreneurs

Leadway, one of Nigeria’s top non-banking financial services and...

Heirs Insurance Travel Festival Draws Thousands, Signals a New Era for Inclusive Travel Ecosystem for Africans

L-R: Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group;...

Business

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

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

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Insurance

Lagos State Applauds Leadway, Ouida for Inspiring Festember Read along with Onakoya, Shoneyin

Leadway Group, one of Nigeria’s foremost non-banking financial services...

Leadway Launches First Ever Lifestyle Fair to Empower, Spotlight Young Entrepreneurs

Leadway, one of Nigeria’s top non-banking financial services and...

AIICO Unveils New Identity, Reimagining the Future of Protection

Left - right: Mrs. Bisola Elias (CFO, AIICO Insurance),...

Leadway Launches First Ever Lifestyle Fair to Empower, Spotlight Young Entrepreneurs

Leadway, one of Nigeria’s top non-banking financial services and...

Heirs Insurance Travel Festival Draws Thousands, Signals a New Era for Inclusive Travel Ecosystem for Africans

L-R: Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group;...

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

Fidelity Bank Enhances Maternal and Child Healthcare Delivery at ESUTH

L-R: Public Relations Officer, Enugu State University Teaching Hospital...

Polaris Bank Champions Girls’ Hygiene Awareness with Female Hygiene Essentials in Schools

Polaris Bank has continued its commitment to empowering the...

Sterling Bank Champions Collective Action to Accelerate Nigeria’s Renewable Energy Transition

L-R: Mr. Ayo Ademilua, President, Renewable Energy Association of...

BUA Foods Hosts Minister of State for Industry, NSDC on Tour of LASUCO Sugar Company  

  BUA Foods Plc recently hosted the Hon. Minister of State for Industry,...

PenCom Unveils PenCare Initiative for Retirees Across Nigeria

The National Pension Commission (PenCom) has established the PenCare...

Topics

Nigeria May Lose LNG Market to Benin Republic

With a population of less than 12 million and...

Africa Finance Corp Secures $150m Loan from German Bank

In a statement published on June 22, Africa Finance...

The Buhari/Osinbajo Assets Declaration: A Way Forward for Nigeria

The recent public declaration of assets by President Muhammadu Buhari and Vice-President Yemi Osinbajo has opened a new vista of public life by public officials in Nigeria. The reason is simple: public declaration of assets by public officials has never been an easy task in Nigeria due to personal pecuniary interest in the line of duty. Over the years, stories have been told (real and imagined) of how people of lesser resources go into public office, either elected or appointed, and suddenly become immensely wealthy without verifiable source(s) of income other than being in public office or government.

LOMA Partners P+ Measurement Services as Official PR Measurement Partner

The Location Marketing Awards (LOMA), often referred to as...

Stanbic IBTC Charts Course for Real Estate Dev in Nigeria

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC...

Unity Bank’s Yanga Account for Women Garners 97, 000 Customers in a Year

Yanga, a retail account designed exclusively (Only) for women...

IMF Projects 4.5% Growth for Sub-Saharan Africa in 2015

Unveiling the April 2015 IMF Regional Economic Outlook: Sub-Saharan Africa, Ms. Antoinette Sayeh, Director, IMF African Department commented: “Sub-Saharan Africa’s economy is set to register another year of solid economic performance with growth expected to expand 4½ percent in 2015. The region will continue being one of the fastest growing in the world second only to emerging and developing Asia.

New Bills Threaten N6.5trn Pension Assets

The Pension Fund Operators Association of Nigeria (PenOp) has...
Exit mobile version