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Unified Payments Bags E-payment Service Provider 2011 Award

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Unified Payments has emerged winner as E-payment Service Provider for 2011 in the just concluded Beacon of ICT Awards by Communication Media Limited, publishers of Nigeria CommunicationsWeek Magazine.

The event, which held penultimate week in Lagos, was chaired by Dr. Ernest Ndukwe, former Executive Vice Chairman, Nigeria Communications Commission and presently, Chairman, Open Media Group. Keynote lecture was by Jean-Luc Fort, Chief Executive Officer, OR Systems based in France.

According to the organizers of the awards, “The Beacon of ICT Award winners are chosen by Nigerians who recognize and appreciate the guiding lights of the organizations and individuals as well as the symbols of hope they raise. Since the ICT revolution in Nigeria, there have been great changes in Nigeria’s economic and social development, these changes would have been impossible without the diligence and commitment of some individuals and organizations.”

“That is why we instituted the Beacon of ICT Awards since 2010, as an annual industry-wide celebration to reward deserving talents, contributions and commitments to the growth of the industry.”

Unified Payments got the award for its contributions and exceptional value-added innovations to the growth of electronic payments landscape in Nigeria.

These contribution include but not limited to Unified Payments pioneering the issuance and acceptance of EMV Chip+PIN cards in Nigeria which lead to the reduction of ATM fraud related issues by over 90%; enabling Nigerian Banks to issue payment cards to Naira accountholders to be used for the first time ever globally; enabling Nigerian banks for first ever acceptance of foreign cards at their ATMs.

The company was also recognized for being the first Nigerian Principal member of a global payment scheme and the only Nigerian non-bank Principal member as well as the first EMV Third Party Processor in Nigeria.

Unified Payments, formally ValuCard, is a card-neutral and option neutral payments service provider owned by a consortium of 18 Nigerian banks. The company operates as a shared infrastructure for the banking community in Nigeria and payments service provider within and outside Nigeria with major business to include: Processing, Switching, Acquiring/Acceptance, Payment Terminal Services (PTSP) and Value-added services and solutions.

Responding on behalf of the other award winners in the corporate category, Agada Apochi, Chief Executive Officer, Unified Payments thanked the organizers for the good work they are doing in and for the industry through information and publicity and most especially for taking out time to honour individuals and corporates who have contributed to the growth and stability of the industry.

He went to promise that all the winners of the awards will continue to make quality contributions to the industry. In his words “I wish to promise on behalf of all the awardees, that we will continue to make quality contributions to the industry and justify the reason for our awards”. He said.

Unified Payments is winning the awards the third time running from the inaugural edition in 2010.


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E-Business

NITDA, NIMC Partner for Seamless Data Exchange Capabilities

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National Information Technology Development Agency (NITDA) and the National Identity Management Commission (NIMC) have announced a collaboration on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) to enhance synergy between digital identity, payment ecosystems and secure seamless data exchange capabilities for Nigeria.

NITDA, NIMC Partner for Seamless Data Exchange Capabilities

l-r: Kashifu Inuwa, Director General of NITDA, and Bisoye Coker-Odusote,  Director General of NIMC, during the meeting at the NIMC headquarters in Abuja..

NITDA, which made the announcement on its X handle, said that the collaboration was to further strengthen Nigeria’s digital economy in line with President Bola Tinubu’s Renewed Hope Agenda,

During the meeting, Kashifu Inuwa, director general of NITDA, and Bisoye Coker-Odusote, director general of NIMC, with some management staff of both organisations, discussed various initiatives, which include building DPI stacks for a secured and seamless data exchange and forming partnerships to transform the national identity system.

This collaboration also aims to harness the potential of the innovative ecosystem and emphasise the use of public-key infrastructure (PKI) to drive digital transformation in Nigeria.

To ensure a smooth implementation, a 12-man committee was set up.

This committee will play a crucial role in kickstarting and harmonising the initiatives and is expected to deliver a comprehensive implementation report within the next 4 weeks.

 

 


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Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

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Noble Ajuonu, head, Sydani Technologies Ltd., has urged the Federal Government to harmonise National Identification Number (NIN) and Bank Verification Number (BVN) to tackle crimes and insecurity in the country.

Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

Ajuonu made the call at a media roundtable, organised by Sydani Group in Abuja.

The News Agency of Nigeria (NAN) reports that the roundtable focuses on driving sustainability through a comprehensive analysis of Nigeria’s key development areas.

Ajuonu said that Nigeria could overcome its security challenges and pave the way for a safer, more secure future for all Nigerians by embracing technology and implementing practical solutions,

“We need to harmonise data, prioritise seamless integration of databases like NIN, BVN, and security agency records, establish clear protocols for data sharing and access, with robust safeguards against misuse,’’ expert said.

According to him, the unified data pool will empower intelligence gathering and targeted operations.

He also called for investments in smart surveillance, intelligent video analytics software, training of personnel in data analysis, interpretation of data in real-time to combat crimes.

“There is need to implement a legal framework for call interception in criminal investigations, with strict oversight to prevent abuse, encourage community cohesion, training of tech savvy security personnel with tech-enabled tools.’’

Ajuonu also urged the government to address infrastructure deficit in technology, saying that technology was all encompassing to address insecurity.

“According to the National Identity Management Commission (NIMC), as of December 2023, only 104.2 million Nigerians had been enrolled for the National Identity Number (NIN).’’

Ajuonu added that over 122.2 million citizens left uncaptured for NIN were people in rural areas where enrolment centres, digital services were limited.

“Most crimes are being perpetuated from rural communities and this lack of comprehensive identification creates a gap where elements not captured in the national database can constitute public nuisance, crimes.

“There is the inadequacy in the integration of NIN, BVN and Voters Identification Number (VIN).

“Advanced call interception and analysis tools, used successfully in other countries, could provide invaluable insights into criminal networks and operations but infrastructure is lacking,’’ he said.

Also, Mr Godfrey Petgrave, the Agricultural Expert, Sydani Group, called for empowerment of smallholder farmers with access to finance and training to enhance productivity.

According to Petgrave, Nigeria requires policy reform and institutional strengthening to improve agricultural practices and embrace digital agriculture solutions to address food insecurity.

Mr Akolade Jimoh, another expert of the group on health, advocated for expanded community-based health insurance programmes for rural and underserved areas.

Jimoh added that the country needed to encourage Public Private Partnership to revolutionise products design and quality improvement on health services.


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Konga launches Infinix Brand Week with Incredible Deals

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Konga, Nigeria’s leading composite e-commerce group, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative products and cutting-edge technology promises exclusive discounts and special offers on select smartphones, marking an exciting milestone in the realm of online shopping.

Shoppers can expect nothing short of extraordinary deals on a wide range of Infinix products, all available exclusively on the Konga online platform. With discounts of up to 30% off, this partnership between Konga and Infinix aims to redefine the shopping experience for tech enthusiasts across Nigeria.

Konga Brand Week has become synonymous with excitement and unbeatable deals, and this year’s edition is no exception. In addition to exclusive discounts on Infinix smartphones, shoppers can explore a diverse array of products across various categories, including electronics, fashion, home essentials, and more.

“At Konga, we are dedicated to providing our customers with the best shopping experience possible,” said Rita Ohaedoghasi, VP Marketing at Konga. “The Infinix Week during Konga Brand Week allows us to continue delivering on that promise by offering incredible discounts and special offers on some of the most sought-after smartphones in the market.”

To stay updated on the latest developments and exclusive deals during Konga Brand Week, shoppers are encouraged to connect with Konga across all platforms, including social media and the Konga website. Don’t miss out on this opportunity to score big savings and elevate your tech game with Infinix and Konga.


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