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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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Kano Government Attributes Muhuyi’s Arrest to Handling of High-Profile Corruption Cases Involving Politically Exposed Persons

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The Kano State Government has expressed deep concern over the arrest and subsequent transfer to Abuja of the former Chairman of the Public Complaint and Anti-Corruption Commission (PCACC), Mr. Muhuyi Magaji Rimin Gado, by heavily armed operatives of the Nigeria Police Force. The development was disclosed by the Attorney General and Commissioner for Justice, Abdulkarim Maude (SAN), while addressing journalists in Kano on Friday evening, with the Commissioner for Information, Ibrahim Abdullahi Waiya, standing in support.

According to Maude, credible information available to the state government revealed that Mr. Rimin Gado was arrested at about 5:30 p.m. at his law office along Zaria Road, Kano, without the presentation of any warrant of arrest or disclosed court process. He was first taken to the Police Headquarters at Bompai, Kano, before being whisked away to Abuja later that same evening. The Attorney General stressed that the incident raises serious constitutional and legal concerns, citing Sections 35, 36, and 46 of the 1999 Constitution of the Federal Republic of Nigeria (as amended), which guarantee personal liberty, fair hearing, and the right to enforce fundamental rights.

While acknowledging the powers of the Nigeria Police Force to investigate crimes, Maude emphasized that such powers must be exercised strictly within the confines of due process and constitutional safeguards. He noted that the arrest of a former head of a major anti-corruption agency without prior engagement with the state’s justice system undermines federalism and inter-governmental cooperation. “Although prior notification may not be a strict constitutional requirement, professionalism and respect for institutional courtesy demand it, especially in actions capable of affecting public peace and political stability,” Maude said.

The Attorney General further warned that the manner, timing, and militarized nature of the arrest could provoke fear, public tension, and political misinterpretation within Kano State. He alleged that certain political elements outside the state may be attempting to exploit federal institutions to destabilize Kano and disrupt its prevailing atmosphere of peace and good governance. “The government is deeply worried about the political undertones of this operation,” he added.

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Maude also revealed that the arrest may be linked to several high-profile criminal investigations and ongoing prosecutions involving politically exposed persons from Kano State. He explained that Mr. Rimin Gado is believed to possess critical, firsthand evidence in those cases, raising fears that his arrest was calculated to obstruct or compromise the integrity of sensitive investigations. “This action poses a serious threat to the administration of criminal justice,” the Attorney General declared.

Even more troubling, Maude noted, is the existence of a subsisting order of the High Court of Justice restraining the Nigeria Police Force and other security agencies from arresting or harassing Mr. Rimin Gado. He condemned the police for disregarding the lawful order and deploying over forty heavily armed officers for the arrest. “At a time when the nation is grappling with serious security challenges, the deployment of such massive force for a civilian arrest is shocking and raises concerns about misplaced priorities and abuse of power,” he said.

The Attorney General stressed that Kano State remains peaceful and governed by the rule of law, warning that any action capable of provoking disorder or politicizing law enforcement must be firmly rejected. He outlined the government’s position, demanding strict compliance with constitutional provisions, calling on the police to clarify the legal basis of the arrest, reaffirming commitment to the rule of law, and cautioning against the misuse of federal security apparatus for political objectives.

In his closing remarks, Maude assured the public that the Kano State Government remains committed to cooperating with lawful security agencies but will not hesitate to take constitutional steps to protect its citizens and preserve public peace. He urged residents to remain calm, vigilant, and law-abiding as the government continues to monitor the situation closely. “We will act decisively in the overall interest of justice, peace, and constitutional order,” he concluded.

 

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Kano Online Chapel Remains Committed to Ethics, Condemns Blackmail Journalism-Dangambo

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The Chairman of Kano Online Chapel of the Nigerian Union of Journalists Abubakar Abdulqadir Dangambo has called on his members to remain committed to ethical Journalism.

He stated this in a chat with newsmen in Kano on Friday.

Dangambo further described the act by some Online newspapers editors in blackmailing people and institutions by using pseudonym as blackmailing and against the ethics of Journalism.

“There is balancing in Journalism, you can’t just report one side in a conflicting story to avoid being described as bias but it is unfortunate that some people are hiding under the name of Kano to be reporting what is blackmailing and unethical in the discharge of their work.

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Journalism remains one of the symbol of development, when Journalists remain ethical by doing their job with all sincerity I believe this is the beginning of development.

I’m calling on such journalists who refused to register with us for reasons best known to them to do so as we will not fold our arms seeing Online Journalists misbehaving and their misconduct will be seen like we are all the same.

These Online newspapers know themselves, they should do so as soon as possible as we are now working in publishing the name of our members”. He said

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President Tinubu Approves New Governing Boards for BOA, UBEC, NADF

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By Yusuf Danjuma Yunusa

 

President Tinubu has approved the constitution and reconstitution of the governing boards of the National Agricultural Development Fund (NADF), Bank of Agriculture (BOA), and Universal Basic Education Commission (UBEC).

Below is the full list of appointed chairmen, executive directors, and members:

UNIVERSAL BASIC EDUCATION COMMISSION (UBEC) BOARD
– Chairman: Senator Umaru Tanko Al-Makura (retained)

– South East Representative: Uchendu Ikechi Mbaegbulem

– South South Representative: Gift Ngo

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– South West Representative: Mrs Ibiwunmi Akinnola

– North East Representative: Dr Meiro Mandara

– North West Representative: Dr Abdu Imam Saulawa

– North Central Representative: Professor Paul Ibukun-Olu Bolorunduro

(Term: 4 years in the first instance)

BANK OF AGRICULTURE (BOA)

– Chairman: Muhammad Babangida

– Managing Director/CEO: Ayo Sotinrin

Executive Directors
– Fatima Garba (Sokoto) – Executive Director, Corporate Services

– Ka’amuna Ibrahim Khadi (Borno) – Executive Director, Risk Management & Strategy

– Hakeem Oluwatosin Salami (Kwara) – Executive Director, Operations

Non-Executive Directors
– Aminu Malami Mohammed – North East
– Charles Amuchienwa – South East
– Oladejo Odunuga – South West
– Rabiu Idris Funtua – North West
– Kochi Donald Iorgyer – North Central

NATIONAL AGRICULTURAL DEVELOPMENT FUND (NADF) BOARD
– Executive Secretary/CEO (previously appointed): Muhammad Abu Ibrahim

– Chairman: Mallam Bello Maccido (North West)

Members
– Dr Nelson Henry Essien – South South (Akwa Ibom)
– Amina Ahmed Habib – North West (Jigawa)
– Engr. Akinyinka Olufela Akinnola – South West (Ondo)
– Hassan Tanimu Musa Usman – North East (Borno)
– Lufer Samson Orkar – North Central (Benue)
– Felix Achibiri – South East (Imo)

The appointments, as announced and signed by Bayo Onanuga, Special Adviser to the President (Information and Strategy), on Friday. take immediate effect.

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