Connect with us

Business

Moniepoint  Relaunches Personal Banking Referral To Enrich Customers 

Published

on

Moniepoint MFB, Africa’s fastest-growing financial institution, has relaunched its personal banking referral programme to enrich its customers as they enjoy the Moniepoint experience with family and friends.
The referral programme is designed to reward users every time their friends or family perform a transaction on Moniepoint after signing up with their referral link. Through this, millions of people will earn well over ¦ 100,000 from referrals alone.
Moniepoint’s technology has powered over 3 million businesses across Nigeria, and with its reliable infrastructure now in the hands of personal users, it now enables seamless payments for many across the country.
With referrals linked to transfers, a leading payment method for many in Nigeria, this referral programme will provide extra income for many of its users.
Commenting on this development, Babatunde Olofin, Managing Director of Moniepoint MfB, noted that the customer-centric referral programme supports the bank’s focus on driving financial inclusion while helping to accelerate its vision of creating a society where everyone experiences financial happiness.
“We know how important seamless financial transactions are, and we’ve seen first-hand the power of peer to peer  recommendations and how word-of-mouth referrals can grow a customer base and increase revenue.
Given our strong customer obsession and the strings of commendations which we have received that validate the work we do in providing peerless financial services, we want to provide our customers with rewards even as they continue to share these positive experiences with the Moniepoint brand.
“Each current and new personal account holder has been provided with a unique  referral code which is identical to their account username and is visible in the Referral Section on the Personal Banking app.
This code/link can be shared with anyone, who, upon signing up and  with the Moniepoint Personal Banking app, will contribute to rewards for transactingthe referrer.
“For every outward interbank transaction conducted by referred customers in the next 12 months, participants will receive a commission.
“This transparent and straightforward incentive structure ensures that participants reap tangible  benefits for actively promoting the Moniepoint Personal Banking app.
“Referrers can also track the total earnings and referral history from their referral in the ‘Earn from Referrals’ icon in the app, while earnings can be transferred to the user’s main account once a minimum of ¦ 50 has been earned”, Olofin said.
He said Moniepoint MFB has worked with the Central Bank of Nigeria (CBN) to strengthen the security of the banking industry in the past month, pausing its onboarding.
He continued that it has now resumed signing up users  with a commitment to providing its users with a secure, convenient and rewarding financial experience.
According to him, the referral programme is just one of the many ways the company is innovating to empower Nigerians and make financial services more accessible.
It will be recalled that Moniepoint MFB had in the last few months demonstrated peerless commitment to customer focus and satisfaction as evidenced by the opening of its Lekki Admiralty Road office, as well as the roll out of a USSD code, which offer users a fast, secure, and user-friendly platform to conduct their banking activities with ease.
According to media reports, Moniepoint Inc. currently processes the majority of the Point of Sales (POS) transactions in Nigeria through its subsidiaries,  processing over $182 billion in annualised Total Payment Volume (TPV), and, as a profitable enterprise, it is Africa’s largest fintech by transaction volume.

Stories compiled by Lilian Peters

Continue Reading

Business

FG Launches Blueprint For Africa’s Digital Trade

Published

on

The Federal Government of Nigeria has launched a comprehensive strategy to spearhead Africa’s digital trade revolution, aligning with the African Continental Free Trade Agreement (AfCFTA) framework.
The initiative, a key component of President Bola Tinubu’s Renewed Hope Agenda, is aimed at leveraging trade as a driver of economic growth and continental unity in accordance with AfCFTA’s objectives.
According to Vice President Kashim Shettima, in his X handle (formerly twitter), “Nigeria is in a unique position to spearhead the continent’s technological transformation”.
He said the strategy includes implementing AfCFTA’s Digital Trade Protocol, developing technical talent hubs, enhancing digital infrastructure investments, and promoting innovation and entrepreneurship.
Shettima stated this while delivering a keynote address during a stakeholders’ summit with the theme, “Digital Trade in Africa: The Renewed Hope Strategy”, at the Presidential Villa, Abuja.
The Vice President emphasised the need for public-private sector synergy and assured continued government investment in digital infrastructure and human capital development.
On his part, the Minister of Communications, Innovation, and Digital Economy, Bosun Tijjani, highlighted the Tinubu administration’s substantial investments in all aspects of the digital trade protocol, aiming at harnessing opportunities both in Nigeria and across the continent.
He stated that innovative policies and programmes, such as the Three Million Technical Talent programme, the data protection policy, and increased investments in digital infrastructure, were equipping Nigeria’s young population for current and future opportunities.
Tijjani stressed the critical role of technology in facilitating trade across Africa, noting that the unprecedented opportunities within the single market area could be best leveraged through effective collaboration and networking enabled by digital technology.

Continue Reading

Business

Oil Bearing Communities Okay Exploration In Ogoni Adopt Indigenous Company

Published

on

A body under the auspices of Ogoni Oil Bearing Communities has resolved that oil exploration should commence in Ogoni.
The body also adopted an indigenous company, Ogoni Royal Resources and Energy Limited, to operate the Ogoni oil fields located within the Oil Mining Lease (OML) 11.
The adoption followed a motion moved by a prominent community leader in the area, Chief Sylvester Kogbara, during a meeting of Ogoni oil producing communities, at Kpite, in Tai Local Government Area of the State.
The decision of the body to adopt an Ogoni indigenous company to explore oil in Ogoni was  taken by the stakeholders after a motion by Chief Sylvester Kogbara from Bodo Community, based on the provisions of the Local Content Act which empowers indigenous firms to participate in oil exploration activities.
Kogbara said: “That the Ogoni Royal Resources and Energy Limited has been adopted as the only indigenous company to mine, process, export and extract oil and gas from Ogoniland. I so move”.
In his address at the meeting, President of Ogoni Oil Bearing Communities (OOBC), Chief Donald Gberesuu, described as unfortunate, the plights and act of marginalisation of the oil bearing communities in the area in the scheme of things perpetrated by certain Ogonis he described as “greedy”, and the Nigerian government.
Gberesuu said: “The plights and act of marginalisation of the Ogoni Oil Bearing Communities in the scheme of things by certain greedy Ogonis and the Nigerian State, is quite unfortunate.
“The oil bearing communities are not subservient and shall not relegate our responsibilities to middlemen and interrupters who are fronting greed and usurpation of common opportunities.
“The Ogoni oil bearing communities hold title to our lands as individuals and as community who should decide the usage of their land, in respect of the oil beneat”.
The body cautioned against division in the rank and file of Ogoni and called for unity of purpose among the people to actualise the objectives of the Ogoni struggle.
Earlier in his remark, the host of the meeting, HRM, King  Samuel Nnee, had declared that the meeting was for the Oil bearing communities to deliberate on issues of development concern, especially on oil exploration resumption in Ogoni.

Continue Reading

Business

Customs Alerts Nigerians On Online Auction, Recruitment Fraudsters 

Published

on

The Nigeria Customs Service (NCS) has warned the public to be wary of  fraudsters using the name of the Service to perpetrate illegal activities on the social media.
Speaking against the background of advertorials on the social media by some unknown persons indicating that the NCS is currently auctioning some seized items, including vehicles and essential items.
In a statement by the National Public Relations Officer, Abdullahi Maiwada, the NCS said the fraudsters have been exploiting public trust and ignorance to promote fictitious auctions and sham recruitment exercises supposedly endorsed by the Service.
It stated that, “The attention of the Nigeria Customs Service, NCS, has been brought to the escalating activities of fraudulent entities preying on unsuspecting individuals through social media platforms, falsely claiming association with the Service for purposes of auctions and recruitment.
“These individuals exploit public trust and ignorance, promoting fictitious auctions and sham recruitment drives supposedly endorsed by the our service.
“The Service wishes to clarify that auctions of seized/overtime goods are never conducted via social media platforms.
“Any such claims on social media should be treated as fraudulent and promptly reported. All seized/overtime goods have a laid-down Standard Operating Procedure, SOP, for disposal in line with the Nigeria Customs Service Act  2023.
“It is pertinent to state that the only portal for e-auction in NCS is http://auction.nigeriatradehub.gov.ng.
“For authentic updates about the operations of NCS, we strongly encourage the public to verify information exclusively through the NCS website, www.customs.gov.ng.
“Our commitment remains unwavering in protecting the public from fraudulent activities. We implore all Nigerians to exercise vigilance and prudence when approached with unverified offers or announcements as  regards NCS auctions or recruitment”.

“Any suspicious activities should be reported to any nearby customs formations”.

Nkpemenyie Mcdominic, Lagos

Continue Reading

Trending