The Central Bank of Nigeria (CBN) has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. This license enables Cellulant (www.Cellulant.io) to continue providing online and offline payment solutions, including collections, check-out, biller aggregation, and payout services securely to thousands of businesses across Nigeria.

 

Cellulant’s digital payments platform, Tingg (www.Tingg.Africa)- enables businesses to seamlessly accept and make payments offline and online. A single integrated digital payments solution, Tingg addresses the complex needs of managing payments by simplifying the payment experience for the end-user and providing tools and processes for a merchant to manage their collections from a single dashboard.

“At Cellulant, we are committed to providing innovative and accessible digital payment solutions to businesses in Nigeria, which play a pivotal role in enabling financial inclusion and driving economic growth in the country. The renewal of our license is a vote of confidence from the Central Bank of Nigeria on the efforts of our team and partners, who have worked tirelessly to create safe and secure solutions that meet the evolving needs of businesses in Nigeria and the regulatory standards. Tingg is now used by thousands of businesses and outlets in the 36 states across Nigeria, enabling businesses to easily collect and make payments, monitor transactions, reconcile and settle cash seamlessly,” said Akshay Grover, Cellulant’s Group CEO.

At Cellulant, we are committed to providing innovative and accessible digital payment solutions to businesses in Nigeria

Nigerian consumers have different payment options, including card, mobile money, bank transfer and cash- with volatile currency fluctuations and no single settlement framework. As a result, the demand for digital payments continues to increase. Roughly 50% of retail customers request to pay for their purchases using digital payment options. However, this demand presents several challenges for most merchants who might not always support the customer’s preferred payment method, resulting in merchants having to enable multiple solutions to support multiple wallets and varying processes for settlement and reversals for a merchant.

Tingg solves these challenges by delivering a single solution to accept all digital payment methods (Bank Transfers, USSD payments, Cards & Mobile Money) maintained with the highest compliance and security standards.

Speaking to the news, Frances Diribe, Cellulant’s Group Chief Risk & Compliance Officer, said, “Cellulant is dedicated to meeting the highest standards of risk and compliance management as we understand the importance of maintaining the integrity of our payment platform. We have invested heavily in robust security measures and compliance processes to ensure our customers can confidently use our services. We welcome this news that showcases our compliance with the standards, directives, and regulations of the Central Bank of Nigeria.”

In addition to being licensed to operate as a Payments Service Provider in multiple African countries, including Kenya, Ghana, Uganda, Botswana, and Zambia, Cellulant has also achieved global security, privacy, business continuity and service management standards. The company’s certifications include ISO 27001 (ISMS), ISO 27701 (PIMS), ISO 22301 (BCMS), ISO 20000-1 (Service Management) and PCI-DSS.

Cellulant provides two essential payment ecosystem solutions: Collections and Payouts. It has three key offerings – Checkout (https://apo-opa.info/41bqkv0) for businesses who want their customers to pay for goods or services online; In-store Payments (https://apo-opa.info/41bqtyy) enabling businesses to collect payments at a physical location; and Payouts (https://apo-opa.info/3k2nlEq) which allow both local and global businesses to make payments, process international transfers or make payments to service providers.

 

 

Fintrak Software Limited, an indigenous financial software (Fintech) organization was recent recognised at the Top 50 Nigeria Digital Economy Enablers 2023 for their strides in providing indigenous software and banking solutions to many banks in Nigeria. This award is coming when Fintrak Software Limited is bringing their world-class electronic channel solution to Nigerian financial space now that the country is moving towards a full digital economy.

Speaking to the media after award, Bimbo Abioye, the Group Managing Director of Fintrak Software said “we are very grateful for this recognition and what it stands in our organisation. We will ensure that we keep providing world-class banking solutions to financial houses and organisation in Nigeria and beyond. This is a source of encouragement and it goes to show that people are appreciating the little things we are doing and this energizes us to do much more “

On the electronic channel solution, Abioye added that “our vision is to be top enterprise solution provider, we have provided tremendous support for our clients especially in the private/financial sector. Some of these solutions ranges from core banking system and we are supporting about fourteen commercial banks locally and internationally this enables them to achieve efficiency and run profitably, some of these solutions ranges from financial planning, budgeting platform, performance management system and platform that helps them run efficiently on the back end such as supporting and reconciling their payment and electronic channels. These solutions help these banks to strengthen customers confidence, our tools can help in electronic corrections and reducing human errors in banking.”

Abioye also opined that “For us that one of the critical solutions we have in the area of reconciliation, is our electronic management solution, this Fintrak solution tackles the service failure in bank. This Electronic Channels reconciliation and management system helps banks to tidy up transactions that might not be successful. Apart from reconciliation, the system can monitor volume of traffic in these channels, types of channels and location of these transaction.”

On his relationship with the Data Protection Agency of Nigeria, Bimbo said that they are looking at collaboration in public sector. He said that the public sector, they are working with Federal Mortgage Bank which is running on Fintrak Management System. He also opined that there are digital channels that they have deployed for the bank and this helps them to deepen their market penetration.

The FinTrak E-Channel Solution reconciliation module comes with an inbuilt algorithm that decodes complex Electronic Journal Files, carry out data extraction from all available sources and provide a status for any transaction ID in no time.
The Top 50 has become an institutionalised agenda (on its own) to identify the industry leaders in general and specific aspects of the IT market. The 2023 edition is all about the coming together of industry players.

 

The 2023 edition of Top 50, the first after COVID 19, opens a new chapter for a general and specific assessment of the industry that will allow for measurements across verticals for Top 10, Top 20, Top 50 and Top 100. Some of the companies recognised for their impact in the ICT industries include regulators like NCC, NITDA, Data Protection Agency and private players like Open Access Data Centres (OADC); FinTrak Software Co. Ltd; Ezzential Global Services Ltd; Crystalfix Nigeria LTD (CNL); Cedarview Communications Limited (CCL); Zora Communication Limited; Information Connectivity Solution Limited (ICSL); Unitellas International Limited; Swift Telephone Network Ltd (STN); HD Technologies; Smart Web Nigeria Limited.

 

Anthony Nwosu

 

 

 

“our vision is to be top enterprise solution provider, we have provided tremendous support for our clients especially in the private/financial sector. Some of these solutions ranges from core banking system and we are supporting about fourteen commercial banks locally and internationally this enables them to achieve efficiency and run profitably, some of these solutions ranges from financial planning, budgeting platform, performance management system and platform that helps them run efficiently on the back end such as supporting and reconciling their payment and electronic channels.”

 

 

 

Seamfix Limited, one of the Nigeria’s indigenous players in the Information Technology (IT) space recently brought their various solutions to the fore at the “Top 50 Nigeria’s Digital Economy Enablers 2023” held at Providence Hotel, Ikeja GRA.

Seamfix is a simple company built to foster one mission alone – power businesses to do their best work through solutions that enable their clients to satisfy their end customers brought to the fore some of their innovative solutions such as Identity Verification for Africans. A solution that can be described as the ultimate identity connector for Africa’s one billion customers.  This solution helps business growth by performing automated identity checks on individuals and securing access to their data across the continent.

Seamfix also brought to the evet their End-to-End Biometric Enrolment Solution Accelerate public inclusion and solve KYC compliance as you enroll and onboard biometric data with high-quality standards globally.Seamfix - Crunchbase Company Profile & Funding

The solution has been able to help organisations Gain Market Share through Rapid Growth and Perform full biometric and textual data capture to digitally register your customers in any location and collect key insights while meeting stringent data checks.

Seamfix helps businesses and their customers globally to seamlessly create, verify and access trusted digital identity and services. Seamfix is a tight-knit team of problem solvers and technophiles committed to building mission-critical solutions for the telecommunications, public and private sectors throughout Africa and emerging markets.

The company said “Just because our customer’s needs are at the forefront, we will champion your problems and provide world-class innovative solutions when you need them most. We believe that by helping businesses do their best work, we can transform society at large – improving the quality of life for millions of end customers. ”

Anthony Emeka Nwosu

 

 Cedarview Communications Limited, an indigenous player in the information and communication space based in Lagos was recently honoured for their impact in the Nigerian telecoms industry. This recognition came at the” Top 50 Nigeria’s Digital Economy Enablers 2023”, this award was given to IT players that have provides profound insights, stamina, optimism and triumph in the Nigerian digital economy.

Speaking to the media after the award, Olawale Owoeye, the Managing Director of Cedarview Communication Limited said that “we are appreciative of this recognition, it shows that our efforts are been appreciated and we will not rest on our oars. We will always try to surpass the standard that we have set in the industry and we hope to achieve this. We say thank you to the organizers of this event. “

On their solution, Olawale added that “In our system integration, we support other products of our partners as they are chosen after a rigorous selective process. Our engineers are versatile and understand the shades and hues of different solution providers. It is commonplace for clients to have disparate systems and the issue is sweating those assets to give their optimal returns. Cedarview Communication Limited (CCL) is a rising force in the design, planning and implementation of innovative, technological solutions for the myriad of business and social challenges.”

“We undertake to understand our customer’s needs before coming up with a solution rather than a one-size fits all approach.Our management team and staff are made up of some of the brightest heads and experienced hands in the industry. Their collective experience spans over 100 years in the deployment of telecommunication and IT networks across the oil & gas, government, banking, educational and real estate market segments”, Olawale concluded.

The Top 50 has become an institutionalised agenda (on its own) to identify the industry leaders in general and specific aspects of the IT market. The 2023 edition is all about the coming together of industry players. The 2023 edition of Top 50, the first after COVID 19, opens a new chapter for a general and specific assessment of the industry that will allow for measurements across verticals for Top 10, Top 20, Top 50 and Top 100. Some of the companies recognised for their impact in the ICT industries include regulators like NCC, NITDA, Data Protection Agency and private players like Open Access Data Centres (OADC); FinTrak Software Co. Ltd; Ezzential Global Services Ltd; Crystalfix Nigeria LTD (CNL); Zora Communication Limited; Information Connectivity Solution Limited (ICSL); Unitellas International Limited; Swift Telephone Network Ltd (STN); HD Technologies and Smart Web Nigeria Limited.

 

Anthony Emeka Nwosu

 

 

 

 

 

Zoracom, an indigenous Cyber Security and IT advisory firm recently in Lagos was recognized as one of the Top 50 Nigeria’s Digital Economy Enablers 2023 for their role the company is playing in the promotion of Nigeria’s digital economy especially in the area of cyber security. this is coming with the recent launch of their NSOC facility in Lagos. A facility dedicated to arresting, mitigating and monitoring cyber security breaches of Nigerian firms.j

Speaking to the media after the recognition, John Nwachukwu, the recipient of the award and the Chief Information and Executive Officer of Zoracom said, “I feel elated at this award and it is a testament that our impact is being felt. We launched our network and security operation center this December, the aim is to provide cyber security management to enterprises, so what we do is that we are able to help businesses in the area of monitoring/visibility. This is when they will be able to identify when there is a problem. So, with our NSOC solution as a service we are helping to bridge the gap of lack of resource and support networks of organizations from the financial sector to ISPs.”

Speaking on surge, John added that “Our solution is a scalable solution, one important thing we do is that we are at the point that it scales. What we do is that before bandwidth growth happens, we see it through graphs, it could be a cyber attack or many users at a time like now we have people accessing online financial transactions. We advise organizations on how to scale. We encourage people to go online and do transactions and we focus on the root cause. We have mirror solution and fortress to ward off attacks for organization and they are automated.

The Top 50 has become an institutionalized agenda (on its own) to identify the industry leaders in general and specific aspects of the IT market. The 2023 edition is all about the  coming together of industry players. The 2023 edition of Top 50, the first after COVID 19, opens a new chapter for a general and specific assessment of the industry that will allow for measurements across verticals for Top 10, Top 20, Top 50 and Top 100. Some of the companies recognized for their impact in the ICT industries include regulators like NCC, NITDA, Data Protection Agency and private players like Open Access Data Centres (OADC); FinTrak Software Co. Ltd; Ezzential Global Services Ltd; Crystalfix Nigeria LTD (CNL); Cedarview Communications Limited (CCL); Zora Communication Limited; Information Connectivity Solution Limited (ICSL); Unitellas International Limited; Swift Telephone Network Ltd (STN); HD Technologies and Smart Web Nigeria Limited.

 

Anthony Emeka Nwosu

 

 

“I feel elated at this award and it is a testament that our impact is being felt. We launched our network and security operation center this December, the aim is to provide cyber security management to enterprises, so what we do is that we are able to help businesses in the area of monitoring/visibility. This is when they will be able to identify when there is a problem. So, with our NSOC solution as a service we are helping to bridge the gap of lack of resource and support networks of organizations from the financial sector to ISPs.”

 

 

Institutional Recognition Award presented to the Tezza Business Solutions as a Digital Economy Enabler in Nigeria

The award was presented by the Lagos State Honorable Commissioner of Science & Technology, Mr. Hakeem Popoola Fahm at the Nigeria’s Top 50 Digital Economy Enablers Event which held on 14th February 2023 at Sheraton Hotel Lagos. The event was organized by IT Edge News Africa.

Never been one to really care much about awards but we are excited about the recognition because of the work our talents have put in over the course of the last 12 months.

We started out as an outsourcing outfit creating IT talent capacity to be utilized by clients in North America. We eventually evolved into an IT & Business Consulting company offering Business Agility, Customer Experience Management, Healthcare and Technology services across the Banking, Insurance, Wealth Management, Technology and Healthcare verticals.

We’ve had zero (0) layoffs in 13 years, more than 5 inter-staff marriages not mentioning the number of Tezzanite children born into our midst. We’ve managed to do all this by bringing in foreign currency into each of our African offices and we’ve so far surpassed 1 Billion Naira in new business in 2023 alone…no investors, no debt!

We are super excited to be seen and recognized as a digital economy enabler in my country of birth, Nigeria!

ROLAND OMORASEMI
CEO
TEZZA BUSINESS SOLUTIONS

 

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the ministry has achieved its objective of launching the PMB Administration Scorecards Series (2015-2023), which is to massively showcase the achievements of the Buhari Administration.

In his remarks in Abuja on Tuesday at the final session of the series, which was launched on Oct. 18th 2022, the Minister said: ”On the opening day of the PMB Administration Scorecard Series, I said ‘you will hear from Ministers and other top government officials about the strides in their various ministries and sectors, including transportation, social investment programme, economy, communications and digital economy, power, petroleum industry, defence, health, agriculture, youth and sports, trade and investment, fight against corruption, water resources, aviation and justice, just to mention a few’.

”Ladies and gentlemen, you have heard from these ministries and about these issues and more. For us, we can now proudly say: mission accomplished.”
The Minister said 25 Ministers utilized the platform to showcase the achievements of their respective ministries.

He expressed his delight that the massive achievements showcased during the scorecard series have put a lie to the mischief of the political opposition that the Buhari Administration has achieved nothing.

“The refrain from the opposition, prior to the launch of this Scorecard Series, was that the APC and the Buhari Administration have nothing to campaign with in the run-up to the 2023 general elections.

But we have proven them wrong. Not only do we have achievements to campaign with, we are spoilt for choice,” Alhaji Mohammed said.
Quoting President Muhammadu Buhari, he said the Administration has implemented high-impact projects across the length and breadth of the country that meet the yearnings and aspirations of Nigerians in recognition of the importance of critical infrastructure in economic development and the quest of the Administration to leave a lasting legacy.

The Minister said his ministry will soon launch a series of multi-dimensional activities to further showcase the achievements of the administration.

“In the days ahead, and before the elections, you will see more of our multi-dimensional efforts to showcase the Administration’s achievements,” he said, listing the soon-to-be launched programmes as a documentary showcasing in vivid terms the giant strides of the Administration and the Testimony Series that provides the platform for ordinary Nigerians to say how they have benefitted from the Administration’s policies and programmes.

Others, according to the Minister, are the Compendium of the Administration’s achievements as well as the Legacy Portal that will preserve the achievements for posterity.

 

 

The Minister of Information and Culture, Alhaji Lai Mohammed, has highlighted the successes achieved by his ministry in reforming some of its agencies, including the Advertising Regulatory Council of Nigeria (ARCON), the National Broadcasting Commission (NBC) and the National Institute for Hospitality and Tourism (NIHOTOUR).Presenting his ministry’s scorecard in Abuja on Tuesday, the Minister said: “We have succeeded in making groundbreaking reforms in Nigeria’s advertising, advertisement and marketing communications industry by reviewing the law that set up the advertising regulatory body, the Advertising Regulatory Council of Nigeria (formerly the Advertising Practitioners Council of Nigeria).

“This action has repositioned the body as the foremost agency of the Federal Government for the regulation of advertising practice and business in Nigeria.”He listed some of the benefits of the amendment of the Act to include the establishment of 19 new offices across many states of the Federation in order to ensure that advertising practices across the Federation are adequately regulated; Proclamation of the local content policy to encourage and improve domestic investments and job creation in the production of advertising, advertisement and marketing communications in Nigeria and promotion of local ambience and reducing the loss of over 150 billion Naira annually to the importation of advertising production.

“The Act empowers the Council to ensure the preservation of Nigerian local content and use of indigenous skills as an important element in advertising, advertisement and marketing communications services in Nigeria and for such services directed at the Nigerian market; further ensures the participation of Nigerians and Nigerian companies in the process, production and execution of advertisement, advertising and marketing communications campaigns targeted at the Nigerian market without compromising standards,” Alhaji Mohammed said.

The Minister said the reform of the National Broadcasting Commission, in particular the amendment of the Nigeria Broadcasting Code, was in line the Administration’s drive to provide job opportunities for Nigerians and also aimed at encouraging the development and growth of local content in the broadcast industry.

“Sections were included in the Code to make it compulsory for companies to have a higher percentage of investments and to meet basic minimums in local content. Similarly, in a bid to ensure fair and efficient market competition in the broadcast industry, sections were introduced in the Code to discourage monopolies and anti-competitive practices by broadcasters, especially as it relates to sports rights.
This position was further reinforced by the judiciary in a recent judgment,” he said.

Alhaji Mohammed also announced that President Muhammadu Buhari has signed the National Institute for Hospitality and Tourism (Establishment) Bill 2022 to strengthen NIHOTOUR and empower it to register and certify practitioners in the industry.

Segun Adeyemi

 

 

SoftwareOne, a leading global software and cloud solutions provider, has unveiled a new brand identity and market positioning that reflects the company’s transformation over the last five years. During this time, SoftwareOne has evolved from a licensing reseller to a global software and cloud solutions provider that helps organisations unlock the value of technology. The rebranding will be rolled out across SoftwareOne’s 90 markets over the coming months, including South Africa.

 

Since 2018 SoftwareOne has expanded its professional and managed services portfolio organically and via acquisitions, adding over 5,500 new employees and tripling in size. Today, the company offers cloud and application services, SAP services, digital workplaces, security and FinOps as well as commercial software offerings such as IT Asset Management (ITAM), software sourcing and software publisher advisory. SoftwareOne has also developed vertical expertise in the construction, finance, government and nonprofit sectors.

 

“Our new brand reflects the all-in-one provider we have become,” says Dieter Schlosser, CEO of SoftwareOne. “The way organisations buy and manage software has been changing for years, driven by the move to cloud and an everything-as-a-service model. Drawing on our strong foundation and licensing expertise, we have built a holistic offering and an exceptional team of experts to serve our clients along their entire cloud journeys.”

 

The rebrand introduces a distinctive black and white logo, in which the word Software is incorporated into the word One, emphasising that SoftwareOne brings to its clients the needed global and local reach, commercial (software) and technology expertise, and data insights with human expertise all-in-one. While the rebrand is seen on the company’s global website today, rebranding of local country websites and offices will be managed in stages to ensure a smooth transition across 90 markets.

 

“We’ve been characteristically humble about the fact that SoftwareOne is redefining how the world buys, builds and manages everything cloud. Now it’s time to celebrate this. After months of effort, we have arrived at a definitive market positioning, rearchitected offering portfolio and exciting new visual identity,” says Susanna Parry-Hoey, Chief Marketing Officer of SoftwareOne. “From independent advisory and full implementation to managed services, clients can pick and mix what they need. We want people to take another look at what we’ve become.”

 

SoftwareOne’s vision for the next four years is to be the most trusted experts in software and cloud solutions who unlock value in every space it serves in South Africa. Says Marilyn Moodley, Country Leader for South Africa and WECA (West, East, Central Africa): “There is so much potential for organisations in South Africa and the rest of the continent to use technology to grow and create meaningful impact in the markets in which they operate. SoftwareOne is ready to help them achieve this potential and effectively leverage the technology they use for success.”

 

“Regardless of the market dynamics, customers in South Africa and the rest of the continent are continuing to spend more on cloud and software every year. It’s crucial that when organisations do spend more, that they take a full end-to-end view as they operate in an increasingly competitive environment. SoftwareOne has spent the last five years transforming, building on its reseller roots to become a full-service solutions provider. The rebrand is a reflection of this change. We hope it will invite clients to take another look at the company SoftwareOne has become, to explore the breadth of our services and recognise that with SoftwareOne, they will get a partner who is driven to deliver, no matter how challenging a project is,” Moodley adds.

 

Learn more at https://www.softwareone.com/en/blog/articles/2023/01/08/meet-the-new-softwareone

 

The Labour Party (LP) governorship candidate in Abia State, Dr. Alex Otti, says a branch of Signature Bank will soon open shop in the state. Otti is the founder and promoter of Signature Bank, Nigeria’s newest deposit money bank and lender, with head office in Abuja.

The LP governorship candidate spoke Saturday in Umuahia, capital of Abia State, at a youth summit organised by the Reimaginning Abia Group.Responding to a question from one of the female youth participants who appealed to him to use his influence to site a branch of the bank at Olokoro, her home town, the renowned economist said it was not up to him to decide for the bank.

He said: “It is not my decision to make on whether to locate Signature Bank in Olokoro, but what I can assure you is that Signature Bank is coming to Umuahia this year.”
Otti told the gathering of youths that he decided to join the political fray not because he sort a career in politics but because Abia is in such a decadent state that people often wondered if any good thing can come out of the state.

Besides, he said that Abia people have underdeveloped themselves “through our wrong leadership selection process”, which has seen to the entrenchment of godfather factor, where certain political actors impose incompetent and unwilling leaders on the people.

He described himself as an interventionist, who wants to help solve the problem of underdevelopment in Abia, and after he is done in eight years, he would leave the stage and return to his business.

Dr. Otti told the youths that it was high time they began to ask critical questions about the character and capacity of those who seek to lead the state, especially in the forthcoming general election – February 25 and March 11, saying their future depended on the outcome.

“Any time you’re looking for a leader, there are seven Cs you should look out for, and the most important one is character. Even in the bank they say character is the most important C. You may have capacity and you don’t have character. You have capacity to pay back your loan and because you don’t have character you wouldn’t want to pay it.
“So, you should ask questions about the character and capacity of the individual who is asking you to vote for him,” Otti enjoined the youths, who posed probing questions to him.

He enumerated the other Cs to include consistency, courage, capital, construct and culture.

According to Dr. Otti, the issue of leadership of Abia State is not a job for the apprentice or the faint-hearted, but for someone who truly understands governance and has a good grasp of economics and how economies work.

He said his interest to serve Abia people is not to enrich himself as God had already blessed him. However, he said he was coming to create jobs and wealth and thereby solve the problem of poverty, crime and insecurity in the state.
“We will use Abia money to work for Abia people,” he said.

– Kazie Uko