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Kayi KMC Launches Micro Finance Headquarters in Kano, Aims for Global Reach

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Emir of Bichi,Kano and Saadina Dantata during the launch

Kano, Nigeria – The launch of the Kayi KMC Micro Finance application in Kano has marked a significant milestone in the financial technology sector. The innovative technology, designed to safeguard people’s deposits, is gaining momentum both locally and globally.

Speaking at the launch event, Saadina Dantata, the driving force behind Kayi KMC Micro Finance, emphasized the application’s core mission of protecting individuals’ savings. The wallet boasts robust security features, functioning as a second layer of protection. It seamlessly integrates with financial institutions worldwide, ensuring users’ financial security.

Dantata highlighted the versatility of the application, enabling users to purchase items such as recharge cards, data plans, and pay electricity bills. Additionally, it provides a platform for trading in various financial assets, including silver and commodities. Notably, Kayi KMC has acquired a significant stake, owning 50 percent of the company.

The impact of the Kayi KMC Micro Finance application extends far beyond Nigeria, with users worldwide numbering a staggering 33 million and counting. The global community’s interest reflects the growing demand for secure and efficient financial technology solutions.

Emir of Bichi, Nasiru Ado Bayero, spoke at the launch, expressing his belief that Kayi KMC would contribute to reducing crime rates. He recognized the necessity of such financial innovations, particularly in the context of current economic challenges.

Meanwhile, Emir of Kano, Aminu Ado Bayero, acknowledged the application’s potential to counteract financial decline and highlighted the remarkable successes achieved by the global economy. He emphasized the urgency of introducing such innovations in Kano and its surrounding regions, underscoring the significance of Kayi KMC’s efforts.

Abdulganiyu Rufai Yakubu, the product lead for Kayi KMC, shared insights into the application’s capabilities. He stated that Kayi KMC transcends conventional internet services, offering a broader spectrum of services, including insurance and healthcare. Furthermore, the application’s adaptability enables its operation in remote and underserved communities. The company’s ambitious goal is to extend its reach across the entire African continent, starting from Kano and expanding to four Northern states. Their vision includes making financial inclusion accessible to all Nigerians.

The launch of Kayi KMC Micro Finance has set a course for financial empowerment, security, and accessibility, not only for Kano but also for the broader Nigerian and African population.

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A New Era in Financial Innovation Begins”
KMC-KAYI Bank stands as a trailblazing financial institution headquartered in Kano, Nigeria,
with a resolute mission to reshape the financial landscape through innovative and secure digital
banking solutions. This visionary digital bank is deeply committed to augmenting financial
accessibility, fortifying security, and embracing a customer-centric ethos.
During his inaugural address, the Managing Director of KMC-KAYI Bank articulated that the
bank signifies more than just a financial entity; it embodies a catalyst for change, a gateway to
empowerment, and an emblem of security, agility, and customer contentment.
Addressing the unique features of KMC-KAYI Bank, Abdulganiyu Rufai, the Product Lead,
expounded, “At KMC-KAYI Bank, we harness the formidable potentials of web3 technologies to
fashion a seamlessly secure financial ecosystem. Our integration with top-tier cybersecurity
solutions guarantees the safeguarding of financial transactions against potential threats.”
“In the contemporary world, characterized by relentless swiftness, speed is of paramount
importance. Our cutting-edge ML server architecture empowers us to facilitate lightning-fast
transactions, enabling you to send and receive money with unmatched speed and unwavering
reliability,” emphasized Dr. Rufai.
Furthermore, Alhaji Saadina Dantata, Chairman of KMC-KAYI Bank, elaborated, “KMC-KAYI
Bank is poised to redefine modern banking by offering a comprehensive array of services.
Ranging from stock investments and insurance to loan facilities and a savings structure with an
exceptional return on investment, we cater to all your financial requisites under one roof.”
Dantata further expounded, “Our journey commences with inclusivity, targeting the unbanked
and underbanked segments of society, thereby ensuring access to financial services that were
hitherto out of reach. We also extend our services to the diaspora community, proffering cuttingedge cross-border payment solutions and supplying contemporary banking solutions for urban
professionals.”
The official opening of KMC-KAYI Bank was graced by the presence of esteemed dignitaries,
including His Royal Highness, The Emir of Kano, Alhaji Aminu Bayero, OFR, SP, who delivered
a heartfelt address said that He wished KMC KAYI well and assurred them of his full support
and that of the Emirate .
His Royal Highness also said “I am very optimists it will contribute immensely to the economic
and social well being of our people” before officially inaugurating KMC-KAYI Bank.
Also in attendance was His Royal Highness Mai Martaba Sarkin Bichi, Alhaji Nasiru Ado Bayero,
and he showed his excitement about the KMC-KAYI Bank , he explained that this platform will
help the people in terms of running their business, receiving payments and also an avenue for
creating job opportunities to the Kano population.
Kano State Elder Statesman and legendary Businessman, Maigirma Alhaji Aminu Alhassan
Dantata who was represented by Alhaji Tajudeen Dantata mentioned that “This a great.development for the people of kano and Nigeria at large, he called on his fellow business ment o accept KMC KAYI”

Recall that last week in Abuja, the Minister of Communications, Innovation and Digital Economy,
Dr. Bosun Tijani unveiled the Kayi App, promoted by KMC-KAYI Bank, which envisions a future where finance is not just accessible but also transformational.
The Kayi App is committed to enhancing financial inclusion through a customer-centric approach. Local agents are onboarding customers, promoting transactions, and boosting financial literacy. Next up: the launch of our efficient web app, followed by the mobile app release for an enhanced customer experience.

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Rivers APC Chapter Rejects Moves to Impeach Fubara

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By Yusuf Danjuma Yunusa

 

The Rivers State chapter of the All Progressives Congress (APC) has formally rejected ongoing moves to impeach Governor Siminalayi Fubara and his deputy, warning that such action would destabilise the state and damage the party’s image.

Nigerian Tracker News earlier reported that the political crisis rocking Rivers State deepened on Thursday as members of the Rivers State House of Assembly commenced impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Oduh.

The move followed a plenary session presided over by the Speaker of the House, Martins Amaewhule, during which the Majority Leader, Major Jack, read a notice of allegations and claims of gross misconduct levelled against the governor.

No fewer than 26 lawmakers were said to have signed the notice, which the legislators alleged was in line with the provisions of the Nigerian Constitution.

Amaewhule announced that the notice would be served on Governor Fubara within the next seven days, in accordance with legislative procedure.

Similarly, the Deputy Majority Leader of the House, Linda Stewart, read out a separate notice of allegations and gross misconduct against Deputy Governor Ngozi Oduh.

In a press statement issued on Thursday and signed by the Rivers APC spokesperson, Darlington Nwauju, the party said its leadership had taken note of the “unfortunate developments” emanating from the Rivers State House of Assembly.

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While acknowledging the constitutional independence of the legislature and its role in checks and balances, the APC said it could not support an impeachment process against a governor elected on its platform.

“Our position as of today on this matter is that we solemnly reject the resort to an impeachment process against our Governor and his deputy,” the statement read.

The party warned against allowing internal disputes associated with the Peoples Democratic Party (PDP) to spill into the APC, describing such a development as unacceptable.

Addressing claims that the impeachment threat is linked to budgetary issues, the APC recalled that during the period of emergency rule, a budget of ₦1.485 trillion was transmitted to the National Assembly by the President in May 2025 and subsequently approved by the Senate on June 25, 2025, and the House of Representatives on July 22, 2025.

According to the statement, the budget was designed to run for one year until August 2026, noting that the governor is not constitutionally compelled to present a supplementary budget if he is satisfied with the existing appropriation.

The party also cited constitutional provisions allowing a governor to spend for up to six months into a new fiscal year.

The APC leadership therefore urged members of the Rivers State House of Assembly, particularly its lawmakers, to resist what it described as “pressures from outside the Assembly chambers” aimed at destabilising the government.

“We will do everything possible to ensure that the Government of Rivers State, which is an APC government, is not destabilised through fratricidal disagreements,” the statement added.

The party called on the lawmakers to immediately discontinue the impeachment process, warning that proceeding with it could tarnish the APC’s image and undermine governance and development in the state.

“Let our state remain a democracy and not a politicocracy,” the statement noted.

The latest development comes amid the lingering political rift between Governor Fubara and his predecessor and political benefactor, Nyesom Wike, which has continued to polarise the state’s political structure.

The All Progressives Congress (APC) had stated that Wike would “certainly be under” his successor, Fubara, should he decide to join the party, underscoring that leadership positions are tied to current office.

The APC Director of Information, Bala Ibrahim, made the comments during an interview on Trust TV.

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How Fubara engaged social media influencers to tarnish image of FCT Minister, Wike -Group reveals

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Concerned Rivers People, CRP has revealed how Rivers Governor Siminalayi Fubara engaged social media influencers to tarnish image of the Federal Capital Territory FCT Minister Nyesom Wike.

This was contained in a statement issued and signed by the CRP’s Director of Communication, Robinson Uke where he stated that:

“Bloggers engaged by public officials to influence politics in Nigeria has become the norm as we are aware of deliberate moves by Fubara to denigrate the hardworking FCT minister before Mr President.

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“This obviously will not fly as we are also aware that some bloggers equally turned down mouth watering offers declaring that the minister has not in any way attacked the Rivers Governor either directly or indirectly.

Uke explained that: “All the FCT minister has said is that an agreement is an agreement, Fubara should swallow his pride and respect the agreement.

“This he has not done yet he is lavishing hard earned tax payers money of the state on social media influencers across the country without an Appropriation Act to back his spending.

“This development raises ethical concerns, as it undermines transparency and accountability in governance.

” The Nigerian government has responded by demanding approval for sponsored posts, citing concerns over misinformation and manipulation.

“We want to specially thank those bloggers who are standing by the truth and refused to be used by the drowning Fubara who has betrayal flowing in his DNA.

“To Fubara we wish him the best of luck in his political sojourn as an African proverb says a child who refuses to allow his mother to sleep, the child too will not sleep.

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JUST-IN: Rivers Assembly Initiates Impeachment Proceedings Against Fubara

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By Yusuf Danjuma Yunusa

The Rivers State House of Assembly has begun impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Oduh.

During plenary presided over by the Speaker of the state House of Assembly, Martins Amaewhule, according to a live broadcast on Channels Television on Thursday, the Majority Leader, Major Jack, read out the notice of allegations and gross misconduct against Fubara.

“The governor does not even want to present any budget, because if he wanted to, he would have brought it all this while. Siminalayi Fubara is a mistake. Rivers state has never had it this bad,” the Speaker said.

Twenty-six members of the Rivers State House of Assembly signed the notice, which they alleged was against the Nigerian Constitution.

Amaewhule said the notice will be served to Fubara in the next seven days.

The Deputy Majority Leader of the House, Linda Stewart, also read out the notice of allegations and gross misconduct against Oduh.

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Relying on Section 188 of the Nigerian Constitution, Jack reeled out seven points of alleged gross misconduct against Fubara.

Some of the accusations include the demolition of the Assembly Complex, extra budgetary spending, withholding funds meant for the Assembly Service Commission, and refusal to obey the Supreme Court on the financial autonomy of the house.

After Jack laid his notice before the Speaker, who said the notice would be served to the governor in seven days, the deputy leader, Linda Stewart, also brought forward a notice of gross misconduct against Odu.

According to the report, some of the allegations against Odu included reckless and unconstitutional spending of public funds, obstruction of the House of Assembly from performing its constitutional duties as outlined by the 1999 Constitution, conniving to allow unauthorised persons to occupy offices without proper screening by the legitimate House of Assembly.

“Siminalayi Fubara and Ngozi Odu are nothing but a threat to our nascent democracy. If they are allowed to remain in office, I do not know what will become of our democracy. They are moving about from place to place, spending taxpayers’ money without approval,” the Speaker added.

Other allegations were that she approached another group of people for budgetary approval instead of the legitimate Rivers State House of Assembly, seizure of salaries and allowances accruing to the RSHA and the Rivers State Assembly Service Commission.

The move is the second attempt by the lawmakers to impeach Fubara and his deputy, following a similar one in March 2025.

In the notice signed by 26 members of the Rivers Assembly at that time, the lawmakers accused Fubara and Odu of gross misconduct after the governor fell out with the immediate governor of the state, Nyesom Wike.

Following escalating tensions in the oil-rich state, President Bola Tinubu intervened and declared a state of emergency.

The president suspended Fubara, his deputy and the Rivers Assembly and said the development is “required by section 305(5) of the 1999 Constitution as amended.

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