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Agha and Innovectives Bag Financial Inclusion Leadership and Fastest Growing Agency Service Awards

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L-R: MD/CEO, Lotgrand Limited, Niyi Adekunle and MD/CEO, Innovectives Limited, Emmanuel Agha displaying the Financial Inclusion Person of the Year (male) and Fastest Growing Agency Services awards bestowed on Agha and Innovectives at the Inclusive Finance Nigeria Conference and Awards [IFINCA] recently in Lagos.
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Innovectives a leading integrated Fintech company has bagged two major awards at the Inclusive Financial Nigeria Conference and Awards (IFINCA) 2019, even as the company was recognised for its sterling role in deepening financial inclusion in the country.

 

Agha and Innovectives Bag Financial Inclusion Leadership and Fastest Growing Agency Service Awards

L-R: MD/CEO, Lotgrand Limited, Niyi Adekunle and MD/CEO, Innovectives Limited, Emmanuel Agha displaying the Financial Inclusion Person of the Year (male) and Fastest Growing Agency Services awards bestowed on Agha and Innovectives at the Inclusive Finance Nigeria Conference and Awards [IFINCA] recently in Lagos.

According to Rarzack Olaegbe, event director, IFINCA, said, Nigeria Financial Inclusion Awards (FIA) recognises, celebrates and rewards outstanding achievement and innovative financial practices, which make financial services accessible to disadvantaged Nigerians.

He said that Innovectives is a third generation Fintech collaborating with regulators, operators (Fintechs, banks, switches, other financial institutions), international card schemes, telcos and value added services providers to deepen payment adoption as well as financial and social inclusions.

He added that the company provides access to formal financial services and facilitates digital payment adoption as payment facilitator, payment aggregator, payment processor, agency banking provider, merchant aggregator and point of sale solution provider as well as micro-credit scheme operator.

In recognising Innovectives, the owner and operator of Kesh Express, Olaegbe said the platform is regarded as one of the fastest growing in the country with over 23,000 sub agents and aggregators in its network.

To earn the award as the Fastest Growing Agency Service, Olaegbe informed that “Kesh Express is arguably the fastest growing in the country with over 23,000 agents in its network.

In 2018, it increased the number of FIs and NFIs connected to Kesh Express from 4 to 17. It is connected to Zenith Bank, GTB, Access Bank, Stanbic IBTC, UBA, Ecobank, Fidelity, Wema and Cowries Microfinance Bank.”

He added that Kesh Express is connected to NIPOST, Angaza, UnionPay, Mastercard, Visa, Quickteller, Nigeria Inter Bank Settlement System [NIBSS], Remita and ARM Life Insurance platform.

According to him, “Over 1,500,000 bank accounts have been opened by Kesh Express for the banks in its network”.

For the Emmanuel Agha, managing director and CEO,  to emerge as the Financial Inclusion Person of the Year 2019 at FIA, Olaegbe said under Agha the company has become a major driver of the Central Bank of Nigeria [CBN]’s financial inclusion strategy in Nigeria through its landmark initiatives.

He said, “Innovectives and Kesh Express under Emmanuel Agha has become a platform and is vital to the financial sector and has expanded its scope by bring more underbanked and underserved into the financial net.’’

 

 

 

 

 

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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NIMC Trains 388 Personnel to Boost NIN Enrolment

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National Identity Management Commission (NIMC) has kicked off a three-day training program for 388 personnel aimed at enhancing the National Identification Number (NIN) enrolment process across the country.

NIMC Trains 388 Personnel to Boost NIN Enrolment

The training, tagged “Refresher Training of Trainers on NIN Integration to the National Social Register: Technical and hands-on devices and field operations and procedures”, is in collaboration with the National Social Safety-Net Coordinating Office.

The training is also to equip personnel with the necessary skills to efficiently handle the complexities of enrolment processes

In her address at the event held in Port Harcourt on Monday, Abisoye Coker-Odusote, director-general and chief executive officer, NIMC, noted that the initiative aligns with the commission’s overarching goal of achieving secured and great success for the Renewed Hope social initiatives.

Represented by Adedapo Adedoyin, her technical advisor on ICT, the NIMC DG said the event is a pivotal initiative that marks a significant step forward in our mission to enhance and modernize the National Identification Number enrolment process across Nigeria.

She stated, “Today, I am pleased to announce the launch of a comprehensive training program aimed at refreshing the technical and operational skills of the National Social Safety-Net Coordinating Office State Operations Coordinating Unit and NIMC staff.

“This initiative focuses on practical and field-based exercises, ensuring that our teams are well-equipped to handle the complexities of enrolment processes with precision and efficiency.

“This initiative aligns with our overarching goal of achieving secured and great success for the Renewed Hope social initiatives. Through verified digital identification, we aim to improve the lives of Nigerians by providing them with access to essential services and opportunities that require a reliable and secure identity verification system”.

Coker-Odusote explained that the training program will be conducted in two batches, encompassing four states: Kwara, Nasarawa, Kano, and Rivers. A total of 388 attendees will participate in this initiative, including 225 NASSCO State Operations Coordinating Unit representatives, 35 NIMC facilitators, and 128 State support staff.

She added, “The sessions are meticulously designed to foster knowledge sharing and hands-on experience with NIMC’s enrolment device and software, ensuring that our personnel are adept at using these tools to their full potential.

“By empowering our teams with enhanced skills and practical experience, we are setting the stage for more efficient and accurate NIN enrolment processes across the nation”.

Coker-Odusote further said the training program “is a crucial step toward achieving the World Bank’s Identification for Development Initiative target of enrolling 180 million Nigerians with secure digital IDs.

“By bolstering our technical and operational capabilities, we are ensuring that NIMC is well-positioned to meet and exceed this target, thereby contributing to the global vision of inclusive and accessible digital identification for all”.

The NIMC boss8 called for collaboration between all stakeholders saying, “As we embark on this journey, I urge all participants to embrace this opportunity for growth and development.

“Together, we can build a robust and efficient National Identification System that will serve as the cornerstone for Nigeria’s social and economic progress.”

 


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Kaspersky Discovers New Scam Scheme Targeting Businesses on Social Media

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Kaspersky experts have uncovered a new phishing scam targeting businesses that promote their pages on Facebook. Scammers send emails allegedly on behalf of Meta for Business – Facebook’s platform for businesses – claiming the recipient’s page contains prohibited content.

The email suggests users provide explanations in order for their account and page to be unblocked. The goal of the attackers is likely to get access to users’ business accounts.

Kaspersky’s anonymised data shows that such emails started reaching users on 14 December 2024, with complaints coming from organisations all over the world, including the Middle East, Turkiye and Africa.

By examining the “From” field in the email it can be seen that the domain does not belong to Facebook. According to Kaspersky data the emails that this campaign used were sent from different domains.

The link in the email redirects users to Facebook Messenger. On Messenger, the account posing as Facebook’s support team appears legitimate, creating a false sense of trust.

There is an indication that this is a fan page, but it is easy to miss in a situation of high stress after being accused of spreading illegitimate content.

This scheme stands out for its sophistication. Unlike earlier scams that accused users of copyright violations and directed them to respond via email, this approach simulates internal communication on the Facebook platform itself.

“In 2025, we anticipate a rise in attacks leveraging social engineering and user trust in major platforms. Scams like this are becoming more sophisticated as attackers strive to mimic official services closely.

“Users must remain vigilant, verify the authenticity of messages, and avoid clicking on suspicious links. We strongly advise users not to engage with suspicious accounts and to activate additional security measures, such as two-factor authentication.

“If you receive such an email, report the incident to Facebook’s support team and update your passwords immediately if any information has been compromised,” comments Andrey Kovtun, Email Threats Protection Group Manager at Kaspersky.

 

 


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Lagos, NIPOST Partner to Transform e-Commerce Delivery

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Lagos State government and the Nigerian Postal Service (NIPOST) are joining forces to revolutionise e-commerce logistics in Nigeria’s economic capital.

Lagos, NIPOST Partner to Transform e-Commerce Delivery

The collaboration aims to enhance last-mile delivery and optimise connectivity within Lagos and beyond.

During a courtesy visit to governor Babajide Sanwo-Olu, Ms. Tola Odeyemi, postmaster-general and CEO of NIPOST, highlighted the strategic importance of Lagos in driving innovation in the e-commerce sector.

“As the e-commerce landscape continues to evolve, Lagos leads the charge in this growth. Through enhanced postal and logistics services, we seek to empower small businesses and individuals engaging in this expanding sector,” Odeyemi said.

She underscored her commitment to fostering partnerships that would align NIPOST with the demands of a modern economy, identifying Lagos as a pivotal partner.

Lagos is central to achieving our vision of efficient and future-ready postal services, she added.

Odeyemi applauded Lagos state for its vibrant programmes that drew global attention during the December festivities, stating that such initiatives could drive further economic growth and diaspora engagement.

She pledged enhanced postal and logistics support to drive e-commerce growth and empower small businesses in Nigeria., highlighting NIPOST’s readiness to collaborate with Lagos State to enhance last-mile delivery, foster innovation, and improve public service delivery.

Lagos, as Nigeria’s economic hub, is a critical partner in our vision to make NIPOST’s services more efficient and relevant in today’s world, Odeyemi stated.

She commended Lagos State for its strides in infrastructure and governance, underscoring the importance of strategic partnerships to optimize connectivity within Lagos and nationwide.

Governor Sanwo-Olu challenged NIPOST to rethink its approach and embrace technology as a transformative tool for business facilitation.

“For NIPOST to remain relevant, you must challenge the status quo, revamp your services, and adopt innovative strategies that address today’s needs and anticipate future demands,” the governor advised.

He also pledged Lagos state’s support in upgrading NIPOST’s infrastructure to improve service delivery and create an enabling environment for seamless e-commerce operations.


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