General News
Fuelvoucher App Offers Convenience, Value For Money- Co-Founders

Chimezie Emewulu and Chibuzor Onwurah are the managing director and the executive director (Technology) of Seamfix Nigeria Limited respectively and also co-founders of FuelVoucher.com.ng.
Emewulu is a result-oriented leader, reformer and strategist with a comprehensive business and technical background. He is driven by a “hardwired” need to strategize, to innovate and to disprove the words “It cannot be done!” His work over the years has seen him negotiate and drive to business closure various mission- critical projects for brands such as IBM, First Bank, Airtel and Oando.
Onwura is a talented and versatile business and technology executive with over 7 years of sound IT industry experience in business strategy, product development, technology management as well as business process consulting. Like his business partner, Onwurah’s work over the years has seen him oversee the planning, development and execution of projects for brands such as IBM, First Bank, Airtel and Oando.
In line with the cashless initiative of the CBN they co-founded www.fuelvoucher.cm.ng.
In this Interview with peter ugwu, they expatiated on the new developments with the app to make it de-facto cashless method of purchasing petrol and fuel gifting service in Nigeria, with a vision to expand to the rest of Africa.
Defining the FuelVoucher App
FuelVoucher.com.ng was born out of the frustrations our company Seamfix Nig. Ltd faced in dealing with our fueling process as relating to managing drivers, reconciliation of fuel purchases and tracking fueling expenditures.
Prior to the onset of the service, we would have to give our drivers cash or in order to avoid this, depositsome money in a particular stationin order to purchase fuel.
Unfortunately, these options made it very difficult for our admin mangers and accountants to reconcile and monitor the fueling processes because we were limited to paper receipts that could either get missing or damaged.
Factors That Inspired FuelVoucher App
Due to the mentioned constraints, we decided to come up with a solution to help solve our problem; which we also found out was common with companies in Nigeria. We had found a gap in the market that we, as an IT company could solve.
Therefore we decided to create a solution that would efficiently manage our fueling process and save us the hassle of daily reconciliations.
We went on to build FuelVoucher.com.ng to be an efficient means of purchasing fuel on the go without having to deal with cash , cards or paper vouchers.
We built a system that anyone could easily access by signing into FuelVoucher online.
Purchasing Fuel Online: What the Public Needs to Know
Getting started with FuelVoucher is pretty easy. The process involves the potential user visiting www.fuelvoucher.com.ng and signing in with a number and email address or downloading the mobile app from the Google play store.
The application gives the customer access to a fuel wallet that can be toped up via a debit card or bank transfer.
Whenever the individual needs to purchase fuel all he/she needs to do is to input the voucher amount and indicate the beneficiary required that is, who he/she wants to purchase for.
An alpha numeric code will then be sent to the beneficiary as a text message and email which can then be taken to the station and presented to the attendant.
The attendant confirms the code on the FuelVoucher device and dispenses fuel to the customers.
Offline Users
It is common knowledge that internet connection in Nigeria is not alwaysavailable and due to this, we decided to include an option that would enable customers purchase fuel via the site without necessarily having to log into the internet.
We created a feature called FuelDirect that allows you purchase fuel at the station by inputting a four digit pin into the FuelVoucher device at the station without pre-generating a code on the site.
The pin provided is tied to the customers fuel wallet therefore whenever the customer wants to fuel his vehicles, he simply punches in his/her pin,phone number and voucher amount he wants to purchaseon the FuelVoucher device.
We also have what we call a Sub-account feature that helps companies with large fleetsof cars to allocate a certain amount to their driversinstead of generating codes for all the drivers. The drivers are given a certain allocation that they can fuel from per time.
FuelVoucher and Prudent Financial Management
Every transaction that occurs via the site is recorded per time and can be retrieved whenever the customer needs the information.
In order words, from the system you can view the history of all fuel purchases which includes information of who, when and where voucher codes were used, as well as the amount purchased. When we were building the site, we decided to think about the sort of information an individual would need to be able to effectively manage his fueling both for himself and for a anorganization.
Security Check
FuelVoucher.com.ng is HTTPS secure and hence provides encrypted communication with our servers.
All data inputted by the customer is also encrypted and operations performed are audit trailed. Also, reports of transaction cannot be deleted off the system. Therefore it is impossible for an employee to delete any transaction history to hide fraudulent activities.
FuelVoucher Catchment Areas
For now we have petrol stations as partners who are based in Lagos and Port Harcourt that serve hundreds of our customers.
We are also working hard to expand partnership scope for easier access, availability and efficiency.
We just signed a partnership agreement with Interswitch that will help broaden our coverage to reach most stations across the nation. Every station that has an Interswitch POS would have FuelVoucher available.
Cases & Causes of Reversal of E-Wallet Payments
Well, we reverse payments in some cases, depending on the genuineness of the complaints.
Nevertheless, we have not experienced a case where a fuel station refused to dispense fuel for a customer after the necessary verifications have been concluded.
However, in a situation whereby a customer miscalculates the voucher amount needed, such transaction can be reversed by the customer.
Developing Features on the App
There cannot be stagnancy in business and as such we are continuously changing and improving features on the site.
We often ask for customer feedback to help us know and understand customer needs in order to make the relevant changes.
Differentiating FuelVoucher from Regular eCommerce Platforms
What we do already sets us apart from others. FuelVoucher is not just an e-commerce platform,
but hopes to actually become a primary fulfillment channel for e-fuel.
We are building a phenomenal solution that will enable people to be able to send fuel around to each other and this will totally change the way people see fuel. During the fuel scarcity quagmire we
noticed that people were searching for alternate ways to make purchases like using the
e-commerce space.
In the light of this discovery, we are now considering delivering fuel to customers in the future. In the real sense, we are not competing with the likes of Jumia, Konga,
Kaymu, etc., rather we are partnering with oil marketers to push the business forward.
How Pocket Friendly is the Service Charge?
Presently, the service is offered free of charge to all users. We are running a free-trial period and at the same time, conducting research on how the customers will prefer to be
charged for the service. Our current focus is on enlarging our current customer base.
Customer Satisfaction and Channels for Complaints
Any business that has a future must have listening ears, therefore we have put in place a proficient Customer Service system.As a startup, it is not just enough to have customer service in place, availability and accessibility make the circle complete. We have available contact lines, are active on social media and ensure to treat our customers with dignity.
Gifts and Incentives
We encourage our customers to send Fuel Vouchers as gifts to loved ones especially during festive seasons.
Studies have shown that in Nigeria, fuel is one of the most valued commodities and as such we also market FuelVoucher to companies to be given out as promo gifts to their customers or as incentives to staff that have distinguished themselves.
Impact of Internet Access and Broadband Availability
We are excited that internet penetration in the country continues on upward trends. The
Government is beginning to realize that broadband should be regarded as a social amenity.
Therefore, the best incentive government can offer SMEs, especially those in the e-commerce
Sub-sector is to provide infrastructure that will enable more broadband availability and access.
General News
EFCC Says Corrupt Politicians are Using Crypto Wallets to Launder Money

Ola Olukoyede, chairman, Economic and Financial Crimes Commission (EFCC), has raised the alarm that some corrupt Nigerian politicians are now hiding their illicit wealth in cryptocurrencies to evade scrutiny and detection by anti-graft agencies.

Ola Olukoyede, chairman, EFCC
The EFCC boss said the agency had uncovered a growing trend where fraudulent public officials now used cryptocurrency wallets to stash stolen public funds and conduct illicit transactions.
Olukoyede made the revelation at an event commemorating Africa Anti-Corruption Day.
The event was held simultaneously in Abuja, Lagos and Ibadan, Oyo State.
Other speakers at the event lamented that Nigerians usually fell victim to crypto fraud, including the recent CBEX scam, where Nigerians lost over N1.3tn.
Olukoyede said, “Virtual asset fraud is on the rise. Our findings show that fraudulent politicians are already perfecting schemes and hiding their loot in cryptocurrencies to beat the investigative blackness of anti-corruption agencies.
“Stolen funds and unexplained wealth are being warehoused in wallets and payment for services are being done through this window,” he said.
Olukoyede warned that while the rise of virtual assets had transformed financial transactions globally, it had also created new avenues for money laundering and financial crimes.
He said, “Technology is moving at a supersonic speed around the world.
“The advent of virtual assets is a response to one of the qualities of money as a store of value like it is known in our elementary economies.”
“However, as with every progressive innovation, fraud starts to usually evolve, evolve ways of perverting their genuine purposes,” he said.
He added that the EFCC was not helpless in the face of the sophisticated schemes, noting that proactive training and intelligence sharing had enabled the commission to identify and investigate such cases.
General News
Airtel Nigeria Drives BFSI and Utility Sector Innovation with Industry-wide Workshop

Airtel Nigeria, telecommunications and digital solutions provider, has reemphasised its commitment to national development with a two-day workshop for companies in Nigeria’s Banking, Financial Services & Insurance (BFSI) and utility sectors.
Held from July 8 to 9, 2025 at the Lagos Continental, the exclusive event brought together C-suite executives and industry thought leaders to co-create transformative and tech-driven solutions for these critical industries.
Themed “Banking on Innovation: Powering Financial Services with Connectivity” on 1 and “Accelerating Nigeria’s Digital Leap: Smarter Networks, Smarter Business” on Day 2, the sessions were designed to identify critical pain points, unlock business potential, and drive smarter, more connected operations across two of the nation’s most essential sectors.
Delivering the keynote address, Dinesh Balsingh, Managing Director/CEO of Airtel Nigeria, reaffirmed Airtel’s dedication to enabling and driving Nigeria’s digital transformation across the finance and energy sectors.
Speaking on the timeliness of the workshop, Airtel Nigeria’s Managing Director and Chief Executive Officer, Dinesh Balsingh said, “From power and water to finance, transportation, and logistics, this is a defining moment for every sector. The real question isn’t whether to adopt digital solutions, but how quickly and intelligently we can do so. At Airtel Nigeria, we’re moving beyond basic connectivity and becoming a true digital partner to the industries we serve.”
He highlighted Airtel’s categories of enterprise solutions that has been created to improve quality of life. These groupings include Internet of Things (IoT) for such services as smart metering, leak detection, energy optimisation, and real-time asset tracking; Communications Platform as a Service (CPaaS), which enables secure, multi-channel customer engagement via SMS, WhatsApp, Voice, and USSD; as well asl Network as a Service (NaaS), which delivers flexible, secure connectivity with cloud-ready agility.
Mr. Balsingh added that, “Nigeria’s power and energy industries are under growing pressure to modernise. Legacy infrastructure, fragmented systems, and lack of real-time visibility are major obstacles. Airtel is stepping in with the right tools, not just to connect, but to transform. With IoT, CPaaS, and NaaS, we’re laying the groundwork for smarter operations, improved service delivery, and better outcomes for businesses and consumers alike.”
Abhishek Biswal, Chief Business Officer, Digital Services at Airtel India, brought substantial insight to the discourse with a demonstration of Airtel’s IoT Hub and its transformative impact on energy distribution.
Biswal said, “The future of finance and energy is digital, and that future must be secure, scalable, and seamless. When financial players and utility providers partner with telcos like Airtel, we’re not just connecting systems; we’re building a smarter digital ecosystem for everyone.”
Reinforcing the CEO’s position, Ogo Ofomata, Director, Airtel Business, called for collaboration among the participating sector and their stakeholders.
“We don’t take lightly the trust you have put in us. Airtel operates in what we call the enabler industry. Sometimes we don’t even know there’s a problem until we come together like this. This workshop is about understanding your needs and working side by side to design solutions that truly fit,” she said.
In his remarks, Luc Serviant, Group Enterprise Business Director at Airtel Africa, highlighted the company’s role in driving digital transformation through sustained investments in 5G and LEO satellite connectivity, aimed at boosting remote operations and expanding access in underserved regions across the finance and energy sectors.
He said, “At Airtel, we understand that the future of is going digital, and reliable connectivity is the backbone of that future. From 5G to LEO satellite integration, we are investing in intelligent infrastructure that empowers service providers to operate more efficiently, respond in real-time, and deliver uninterrupted services to millions of Nigerians. This isn’t just about innovation; it’s about building the digital foundation that will power the nation’s next chapter.”
This workshop, which continues the series of sectoral engagements within Nigeria’s growing economy, concluded with feedback from stakeholders who called for the inclusion of regulatory bodies such as the Nigerian Communications Commission (NCC) in future editions.
General News
AfCFTA Credit Fund Makes First Investment With $10m Loan

The Credit Fund of the AfCFTA Adjustment Fund has successfully closed its first investment, committing $10 million to Telecel Global Services Ltd, through a senior secured amortising loan.
The transaction marks a significant milestone in the operationalisation of the Fund. The Credit Fund is one of three Funds under the AfCFTA Adjustment Fund, established by the AfCFTA Secretariat and African Export-Import Bank (Afreximbank) to provide targeted transitional support to AfCFTA State Parties and private sector entities as they adjust to the requirements and opportunities presented by the AfCFTA Agreement.
Telecel Global Services, a subsidiary of the Mauritius based Telecel Group, provides wholesale voice and SMS services and enterprise connectivity solutions to more than 250 telecoms operators across Africa and globally.
With digital connectivity being at the heart of the trade and economic integration and success of the AfCFTA, this facility will support Telecel’s expansion in Ghana and Liberia, strengthen its infrastructure, and contribute to bridging Africa’s digital divide through enhanced connectivity and digital inclusion.
By investing in digital infrastructure in underserved markets, the Fund is helping reduce trade barriers, foster cross-boarder productivity and accelerate inclusive industrialization. Mr. Jean-Louis Ekra, Chairman of the Board of the AfCFTA Adjustment Fund Corporation, stated: “
The closing of our first deal marks a historic milestone for the Credit Fund and the broader vision of the AfCFTA.
This US$10 million investment in Telecel Global Services is a clear demonstration of how targeted capital can drive meaningful impact—accelerating digital connectivity, enabling intraAfrican trade, and supporting private sector-led development in priority sectors.
It is our commitment to ensure that such investments continue to bridge critical gaps, stimulate economic resilience, and unlock Africa’s vast potential.”
H.E. Wamkele Mene, Secretary-General of the AfCFTA Secretariat, noted: “This transaction demonstrates how the AfCFTA Adjustment Fund is beginning to serve its intended purpose – supporting State Parties and the private sector as we work to make this Agreement commercially meaningful.
By investing in digital infrastructure, we are addressing some of the most critical enablers of trade facilitation, industrialisation, and regional value chain development.”
Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, added: “Today, we make another bold statement of our unwavering intent to ensure that Africans reap the benefits of the African Continental Free Trade Agreement.
We are proud to have commenced the operationalisation of the Credit Fund. With this Fund, we will provide vital support to African corporates, helping them retool and expand their operations necessary to capitalise on the AfCFTA opportunities.
The investment strengthens a critical enabler, the digital economy and regional connectivity, while reinforcing our long-term commitment to transforming the structure of the African economy.”
Marlene Ngoyi, CEO, FEDA, the Fund Manager of the AfCFTA Adjustment Fund, said: “This investment exemplifies the strategic intent of the Credit Fund – to catalyse growth and resilience in sectors that are vital for Africa’s structural transformation.
We are proud to partner with Telecel, whose operations directly advance intra-African connectivity and digital trade.”
The Credit Fund will continue to prioritise commercially viable investments that enable trade, support diversification, and promote inclusive growth in line with the broader AfCFTA implementation agenda.
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