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MoneyMaster tweaks banking app, gifts customers data, airtime

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MoneyMaster Payment Service Bank (MMPSB), Nigeria’s leading payment service bank, has announced that it has further enhanced its mobile banking application to improve the order flow for its airtime and data products to improve customer experience.

For airtime, the Moneymaster mobile banking app now has an enhanced visual appeal, thus, providing customers with a cleaner, and more modern interface that streamlines account selection, denomination selection and a dynamic input validation.  For its data products, the new interface organizes data into logical tabs of hot, daily, weekly, monthly, exclusive and special. In addition, each data now clearly displays data volume, validity period in a bold easy-to-read format. These changes will now enable customers to find airtime and data plans in a simplified and faster manner without expending more time on scrolling.

Furthermore, the mobile banking app users can now buy lower denominations of airtime such as N200, N500, N1000, N2,000, N4000. Also, the categorisation of the telco products has been re-ordered to ensure ease for customers in selecting their preferred products.

The company’s Head of Business, Tajudeen Omokhide, noted that MoneyMaster’s “mission is to transform payments into an agile experience, capable of moving with the speed and transparency of a fintech. Our customers expect simple, fast and transparent solutions at an affordable cost.

“These recent upgrades on mobile banking app is a testament to our relentless efforts to ensure that our customers experience is top notch and aligns with their needs. We encourage our customers to upgrade their mobile banking app whilst new customers can download the app from android playstore or IoS app store.”

All customers of the bank will enjoy 100% bonus on their airtime recharges on Glo airtime purchased. Data customers will similarly enjoy 10% bonus on every Glo data recharges. This is to attract new customers and reward the existing ones.

Mr Omokhide further stated that the suite of new products “marks an important step towards the bank’s vision of offering market-relevant and customer-centric products”.

Moneymaster, promoted by Globacom, is licensed by the Central Bank of Nigeria as a payment service bank. The bank operates mobile wallet, savings account, individual current account as well as business banking accounts. It also vends airtime and data and makes it easy for customers to pay their bills to more than 4,000 billers on its banking platform.

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Lagos 2027: Jandor Picks APC Forms to Contest Guber Election

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The campaign team of Olajide Adediran, popularly known as Jandor, has announced that their leader, who is Governorship aspirant, has formally purchased the Expression of Interest and Nomination Forms of the All Progressives Congress ahead of the 2027 general elections in Lagos State.

The development was disclosed in a press statement issued on Wednesday by Gbenga Ogunleye, spokesperson for the Jandor campaign organisation, marking a significant step in Adediran’s bid to contest for the state’s top office.

According to the statement, the move underscores Adediran’s commitment to due process and strict adherence to the party’s internal democratic procedures.

The governorship aspirant also reiterated his alignment with the party’s decision to adopt direct primaries for all elective positions, expressing optimism that the process would enhance grassroots participation, strengthen unity within the party, and promote inclusiveness in the emergence of candidates.

Jandor further reaffirmed his loyalty to the National Leader of the APC and President of Nigeria, Bola Ahmed Tinubu, while also paying tribute to party leaders in Lagos State for their continued guidance and commitment to progressive ideals.

While appreciating endorsements received from several party leaders and stakeholders, Jandor acknowledged the rights of others to support different aspirants, describing such diversity as a reflection of a healthy democratic culture within the APC.

He also extended gratitude to members of the JAGABAN–JANDOR 2027 Movement, young Lagosians, and supporters who contributed financially towards the purchase of the nomination forms, commending their dedication and belief in his leadership capacity.

Jandor assured party members and residents of Lagos State that his governorship ambition is rooted in unity, inclusiveness, and a commitment to sustaining and advancing good governance under the APC platform.

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2027: Lagos APC Guber Aspirant Rejects Hamzat As Consensus Candidate

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All Progressives Congress (APC) governorship aspirant in Lagos State, Samuel Ajose, has declared that the endorsement of Deputy Governor Obafemi Hamzat as the next governor by Governor Babajide Sanwo-Olu and the Governance Advisory Council (GAC) will not stand.

GAC, regarded as the highest decision-making body of the All Progressives Congress in Lagos State, endorsed Hamzat, as its consensus candidate for the 2027 governorship election.

The decision was reached during a closed-door meeting held at Lagos House, Marina, indicating an early alignment within the ruling party ahead of the next electoral cycle.

Speaking after the session, GAC leader, Tajudeen Olusi, said members unanimously agreed on Hamzat, expressing confidence in his ability to sustain and build on the state’s developmental progress.

Olusi explained that the meeting was convened to deliberate on the party’s forthcoming primaries and assess the governorship position ahead of the 2027 elections.

Speaking about the GAC adoption of Hamzat as Lagos APC consensus 2027 governorship candidate on Arise News on Tuesday, Ajose said that Sanwo-Olu and others are trying to force President Tinubu into making a decision.

“I don’t think our president, Asiwaju Bola Ahmed Tinubu, is giving in to what they are doing.

“What they are just trying to do is to coerce him into taking a decision, and I don’t think that decision will stand.”

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Reps Approve Tinubu’s Fresh $516.3m Loan Request

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The House of Representatives has approved President Bola Tinubu’s request to borrow Five Hundred and Sixteen Million, Three Hundred and Thirty-three Thousand, seven ($516,333,007) US dollars in syndicated financing from Deutsche Bank AG.

The House approved it during the plenary on Tuesday in Abuja after the presentation of a report by the deputy chairman of the House Committee on Aids, Loans, and Debts Management, Abdullahi Rasheed.

The money is expected to fund the construction of sections of the Sokoto–Badagry Super Highway.

President Tinubu wrote to the lawmakers, seeking a $516.3 million loan from Deutsche Bank to support the construction of the road.

The president said the loan, to be sourced from a syndicated financing facility by Deutsche Bank, will fund sections 1, 1A, and 1B of the project, which covers about 120 kilometres.

Tinubu requested a resolution in line with Sections 16 and 21 of the Debt Management Office (Establishment) Act, 2011, to enable the federal government to secure the financing for Sections 1, Phase 1A, and Phase 1B of the project.

The project is a flagship initiative of Tinubu’s Renewed Hope Agenda and is targeted at enhancing national connectivity, improving the movement of goods across key economic corridors, and drastically shrinking travel time.

The 1,000-kilometre project will link Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, connecting Illela to Badagry.

According to him, the financing arrangement will be backed by a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

He said the Federal government will provide counterpart funding of over N265 billion for land acquisition, compensation, and related infrastructure.

The former Lagos governor said the loan is structured for nine years and includes a three-year grace period.

It has an interest rate pegged at the Chicago Mercantile Exchange SOFR plus 5.3 per cent per annum.

Already, the Federal Executive Council has approved the financing plan.

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