Allowing Nigerian online merchants to accept BTC, ETH, XLM, or other cryptocurrencies and settle directly in naira.
July 9th, 2020, COINQVEST and Cowrie Integrated Systems today announced a partnership to allow Nigerian merchants to add major cryptocurrencies such as Bitcoin and Ethereum to online payment options in online shops and e-commerce businesses. The cooperation between Cowrie and COINQVEST enables these funds to be settled to Nigerian Naira (NGN) bank accounts, in minutes.
Nigerian online merchants can now process payments using any of the major cryptocurrencies their customers use. This financial flexibility and speed can be a game-changer for large and small merchants alike.
The Cowrie and COINQVEST partnership promises a range of positive impacts for enterprises wanting to update their payment processing infrastructure. The COINQVEST platform provides all of the user experience merchants seek and require.
COINQVEST’s software development kits make integration easy for developers. Merchants unfamiliar with coding can opt for COINQVEST’s turnkey checkout solutions for WordPress, Shopify and Magento. Once set up, merchants have a valuable financial toolbox.
They’re able to accept cryptocurrencies (or any supported currency), convert it to their national currency, and withdraw funds to their bank accounts. Merchants have access to customer transaction analytics to tailor their businesses as needed. Also included are compliant and accountant-friendly tax records, useful during tax season.
“Bitcoin is exchanged, and NGN immediately transferred to a bank account, offering a modern and internet-based payment option for customers”, says COINQVEST co-founder Marcin Olszowy. He continues, “We eliminate credit card processor fees, payment delays, chargebacks. Immediate transaction settlement also improves financial monitoring and business turnover.”
Cowrie co-founder Gbubemi Agbeyegbe explains, “Bitcoin is extremely popular in Nigeria, with the highest adoption rate in Africa. This solution lets online merchants embrace digital payments and gives customers an option to use their Bitcoin in everyday lives.”
COINQVEST co-founder Stefan Schneider adds, “COINQVEST offers the most efficient way to accept Bitcoin compliantly. This is why Nigerian businesses, such as leading online fashion store PayPorte and others, already embrace digital currency payment processing via COINQVEST.”
Incorporated in the UK and Nigeria, Cowrie Integrated Systems is a fin-tech company that provides value-added services over electronic payment networks. Cowrie Integrated Systems is a well-established Nigerian payment processor and fiat to crypto payment platform and exchange. Website: www.cowrie.exchange
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In pursuit of its business diversification strategy, Africa Prudential Plc, West Africa’s?leading registrar and digital solutions provider company, wishes to announce the appointment of Mrs. Fumbi Chima as an Independent Non-Executive Director, to its Board of Directors. The appointment is to strengthen the Company, as it commences a digital transformation drive and pivoting from its core registrar business to providing digital solutions and technology services.
Fumbi Chima is an accomplished senior executive and Non-Executive Director with extensive experience, leading digital transformations within established, global corporations. Fumbi as a Chief Information Officer & Business Leader, focuses on driving business outcomes through the use of technology and digital solutions, with in-depth experience in global transformational programs and inspiring an organisation to embrace a new future
Prior to joining Adidas as CIO in 2019, Fumbi has been the transformational CIO for several global organizations and was most recently the CIO of Fox Network Group; CIO at Burberry Corporation, CIO of Walmart Stores Inc Asia business operations, and CIO of American Express’ Global Corporate Technologies. She has a proven track record of successfully partnering with business leaders and building world-class teams.
Fumbi has a Bachelor of Arts, Politics and Philosophy, University of Hull, North Humberside, U.K. In addition, she has a post graduate certification in Women Corporate Directorship, Hong Kong University and Executive Leadership Development of Harvard University.
世界足球教练排名(READ MORE:Prudential Zenith Life donates $100,000 USD to Slum2School towards fighting effects of COVID-19 in Nigeria)世界足球教练排名
Highlights of her career include developing and managing the execution of multi-channel digital strategies that doubled revenue and decreased spending by 23%, creating significant margin expansion. Within another strategic initiative, Fumbi led a team that divested low-value functions and reinvested in high-value ones that had an impact of several billion dollars in additional incremental annual revenue.
Fumbi has both for and non-profit board experience and is a sought-after speaker on topics ranging from the CIO’s role in the executive suite and boardroom, to making digital part of an organization’s culture. She has been recognized as a top leader in STEM, Globalization, and IT.
The appointment is effective, September 2, 2020, subject to the approval of the Securities and Exchange Commission.
“On behalf of the Board and Management of Africa Prudential Plc, I am pleased to welcome Fumbi to the Board. Fumbi’s track record demonstrates and embodies our company core values of execution, excellence and enterprise, and I remain confident that this well-deserved appointment will further strengthen Africa Prudential Plc’s position as the regional industry leader across board, and in particular, in automation, innovation, investor relations, business support solutions and customer experience,” said Eniola Fadayomi, Chairman, Africa Prudential Plc.
‘I am honoured to accept this new appointment as an Independent Non – Executive Director at Africa Prudential Plc.?The Company has been at the forefront of product innovation, within and outside the investor services’ space in Africa and I am committed to working to take Africa Prudential Plc to greater heights,” stated Fumbi Chima, incoming Independent Non – Executive Director, Africa Prudential Plc.
Agrorite is a digital agricultural platform that improves the livelihood of smallholder farmers.
The importance of smallholder farmers in society cannot be overstressed. Smallholder farmers put in so much work in order for us to eat quality and nutritious food, but at the end of the day have little or nothing to show. Smallholder farmers account for over 70% of the food produced in Africa, which emphasizes their relevance in fighting food insecurity in Africa.
世界足球教练排名Agrorite世界足球教练排名 is a premiere digital agricultural platform that improves the livelihood of smallholder farmers by connecting them with Finance, Smart farming solutions, and Premium markets. Our mantra is to provide positive outcomes for farmers in order to tackle the challenge of food insecurity in Africa and our vision is to inspire the production of sustainable food for Africa.
agrorite.com kicked off for the purpose of finding lasting solution to the needs of the average smallholder farmer in Africa stating with Mr. Ule, a rice farmer in Benue state, Nigeria. Ule, as most smallholder farmers sold his harvested produce at ridiculously low prices due to the involvement of middlemen and also experienced about 30-40% postharvest losses due to lack of access to premium market. Another major challenge Ule faced was a lack of finance to scale food production due to the fact that he was not creditworthy. Ule is a hard worker and most times put in 18 hours of work per day, 6 days a week so as to get the required quantity and quality at harvest. It is, however disheartening to know that he has little or nothing to show for his effort. We are creating shared value for sustainable growth for smallholder farmers and key stakeholders such as Financiers, Premium Off takers, Insurance companies, Input suppliers, and telecoms. This has proven to be formidable in improving the livelihood of smallholder farmers. This was the idea behind setting up Agrorite. So far, we have been able to increase smallholder farmer’s revenue by 15% and generate real value for their time and energy.
Lack of access to quality, nutritious agricultural commodities by premium processing companies was another major gap we spotted in the sector, which we are tackling by enabling smallholder farmers to meet up with the growing demands by these processing companies. We have also opened agricultural participation for all through partnerships with Cooperate and Institutional Funders. Individuals are not left behind as they can sponsor farming activities via crowdfunding to earn decent profits.
Not only are we well received in Nigeria, but our service is also acknowledged in the investment and agricultural sector. Consequently, we seat on over 8200 farmers network that is across Nigeria, cultivated on 5,830 hectares of farmland, and produce well over 86340 metrics tones of crop production for local consumption and export. Commodities such as Peanut, Sesame, Cashew, Shea Butter, etc are some of the commodities we trade on.
Innovation and Technology is an essential component of Agrorite. With our in house developed farm management system (Agrorite Bookie), farmers will now be better equipped to efficiently and smartly manage their farms, get real-time updates on crop performance, and make a projection on the farm inputs required to successfully deliver on the expected output by off-takers.
Our value addition, over the last year, has earned us award recognition from the Federal Republic of Nigeria, The UK Government, GIZ, and UAE. We are currently in partnership with AirBus, GoGlobal Africa, and most recently won the African Most Innovative Digital Agricultural Platform 2020 by the African Brands Award.
More so, aligning with our vision in fighting the global food crisis, we have identified the importance of agricultural product processing and storage hence our cause for embarking on setting up a processing plant that will enable ready food production in Nigeria which in turn creates decent job opportunities in the agricultural value chain. We believe Processing adds value to the Agric produce and creates room for commercial agriculture, thereby promoting agricultural activities.
Onboarding farmers and convincing them to do things in a modern and organized manner is usually challenging, hence, our constant training and workshops in measuring their Progress. Likewise, funding – which can help improve volumes of both production and trade. Through a partnership with government and other cooperate bodies we can achieve even more in closing these gaps, that’s why we are open to collaboration.
When partnering with Agrorite be best assured of a decent return on investment. Another interesting thing about Agrorite is our readily available off-takers both locally and internationally to buy off produce at harvest. The security of investment is guaranteed as we provide extensive insurance coverage on all our farms and commodity on transit. It will interest you to know that Investors are not left in the dark; they are carried along the investment or farming circle with regular updates on progress made and we are easily accessible through our 24/7 customer support service.
Our partnership with you will largely improve the livelihood of smallholder farmers as well as beat food insecurity in Nigeria and beyond.
…shares views on the economy and financial markets.
FBNQuest Funds Limited, the alternative investments subsidiary of FBN Holdings Plc is raising awareness on the opportunity of private equity for portfolio enhancement, in addition to the use of traditional investing assets. This was one of the key messages delivered at a virtual interactive session with financial journalists focusing on the alternative investments/private equity business, the financial markets, and the broader economy.
Ijeoma Agboti, the Managing Director of FBNQuest Funds Limited spoke of the organisation’s focus on developing a broad platform that will provide diversification and return-enhancing products for clients through various alternative asset classes. She stated, “Since we were established in 2003, FBNQuest Funds Limited has deployed in excess of N20 billion in over 70 companies and assets across various portfolios, and we have continued to partner with our portfolio companies to deliver growth, capital and provide value-creation support.”
“We believe in working closely with our clients to deliver solutions that fall within their specific risk tolerance boundaries and meet their overall portfolio objectives.”
On the financial markets and the economy, the FBNQuest research team shared their views on the outlook for the Nigerian economy and public markets. Overall, analysts projected a moderate economic recovery in 2021 for Nigeria as influenced by the COVID-19 pandemic, but also pointed to the undervaluation of several banking and telecom companies as attractive investment opportunities for stock market investors.
“Information drives an investor’s ability to read and monitor the market. We think our research capability sets us apart in the Nigerian market and underpins our value approach to investing in private and public companies. We are delighted to share our views and add value to the socio-economic discourse,’’ stated Tunde Abidoye, Head of Equity Research at FBNQuest.
FBNQuest has been recognized for outstanding transactions delivered, receiving the award for Deal of the Year – Africa – Restructuring, the firm also received three Awards from EMEA Finance for the Best African Sukuk for the FGN ?100bn Sukuk, Best Local Investment Bank (Nigeria) and Best Asset Manager; as well as the FMDQ Gold Award for Most Innovative Registration Member.
世界足球教练排名About FBNQuest 世界足球教练排名
FBNQuest is the unified brand name for the Merchant Banking and Asset Management businesses of FBN Holdings Plc, one of the strongest and most dependable financial service groups in sub-Saharan Africa.
The businesses include FBNQuest Merchant Bank, FBNQuest Asset Management, FBNQuest Securities, FBNQuest Capital, FBNQuest Trustees and FBNQuest Funds.
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