Connect with us

News

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

Published

on

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.

Advert

 

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.

News

Jega Advocates Merit-Based Leadership in Nigerian Universities

Published

on

Professor Attahiru Jega
Professor Attahiru Jega former chairman INEC

 

Former Chairman of the Independent National Electoral Commission (INEC) and renowned academic, Professor Attahiru Muhammadu Jega, has called on the Federal Government to entrench merit, competence, and integrity as the guiding principles in the appointment of leadership across Nigerian universities.

He warned that the increasing politicisation of such appointments poses a serious threat to academic standards, institutional autonomy, and the future of higher education in the country.

Professor Jega made this call on Thursday while delivering the 3rd Abdullahi Mahadi Annual Memorial Lecture at Gombe state University, Gombe State. The lecture, titled “Challenges and Prospects of Improving University Governance in Nigeria,” examined the structural, administrative, and policy-related obstacles confronting university governance in Nigeria.

The distinguished Professor of Political Science and a one time Vice Chancellor of Bayero University, Kano, described universities as specialised intellectual institutions that require visionary, experienced, and academically grounded leadership to fulfil their mandates of teaching, research, and community service.

“A university is not a political platform. It is a centre for knowledge creation and human capital development. It cannot achieve its core objectives when leadership appointments are driven by political considerations rather than academic merit,” he stated.

Advert

Professor Jega expressed deep concern over persistent political interference in the appointment of vice-chancellors, governing council members, and other principal officers. He observed that this trend has weakened governance structures, encouraged poor administrative decisions, undermined staff morale, and contributed significantly to the gradual decline in the quality of higher education in the country.

He stressed the urgent need for transparent, competitive, and merit-driven selection processes, anchored on clear criteria, academic record, leadership experience, and professional credibility. According to him, insulating universities from undue political influence is essential for restoring confidence in the system and positioning Nigerian universities to compete favourably at the global level.

Professor Jega further warned that failure to reform university governance would continue to erode the capacity of tertiary institutions to produce graduates who are innovative, globally competitive, and capable of driving sustainable national development.

The memorial lecture was delivered in honour of the late Professor Abdullahi Mahadi, a pioneer Vice-Chancellor of Gombe State University, whose contributions to scholarship, leadership, and the growth of the institution were widely acknowledged during the event.

Speaking earlier as Chairman of the Occasion, the Vice-Chancellor of the Federal University of Kashere, Professor Umaru Pate, commended Gombe State University for sustaining the Abdullahi Mahadi Annual Memorial Lecture, describing it as a worthy tribute to the late pioneer Vice-Chancellor of the institution.

Professor Pate expressed appreciation to the GSU Vice-Chancellor, Professor Aliyu Yauta, and the university management for sustaining the initiative, noting that maintaining such academic traditions in Nigerian universities is often challenging.

He also described the Guest Lecturer, Professor Jega, as eminently qualified to speak on the theme, noting his deep experience in university governance and his long-standing professional relationship with the late Professor Abdullahi Mahadi.

Reflecting on Mahadi’s life, Professor Pate said the late scholar left behind an enduring legacy of service, scholarship, and institutional development at Gombe State University and beyond.

The lecture attracted a wide audience of academics, policymakers, students, and education stakeholders, including the Deputy Governor of Gombe State, Dr. Manassah Daniel Jatau. Participants described the event as timely and impactful in shaping the future of university governance in Nigeria.

Continue Reading

News

Kano Government Refutes Garba’s Claims, Affirms Strong Q3 Budget Performance Across Key Sectors

Published

on

Left Musa Suleiman Shanono Kano state commissioner for budget and planning ,Right comrade Muhammad Garba former Kano state commissioner for information

 

 

The Kano State Government has dismissed claims by former Kano state commissioner for information Comrade Muhammad Garba circulating in the  media alleging poor sectoral performance in the 2025 third-quarter budget implementation report.

Commissioner for Budget and Planning, Alhaji Musa Sulaiman Shanono, clarified that the figures being shared online were taken out of context, stressing that the administration of Governor Abba Kabir Yusuf recorded notable improvements across several key sectors—including health, education, agriculture, and water resources.

Shanono explained that the government’s performance review covered January to September 2025, and the report clearly showed that many MDAs surpassed their previous year’s performance levels. He noted that while some sectors recorded lower expenditure due to delayed releases or ongoing procurement processes, others achieved significant milestones aligned with the state’s development priorities.

Advert

He emphasized that the budgeting process is transparent, data-driven, and compliant with national standards. According to him, the analysis posted online was “misleading and selective,” lacking proper interpretation of government financial dashboards and reports.

The Commissioner reiterated that the Yusuf administration remains committed to improving public service delivery, strengthening accountability, and ensuring that every kobo spent translates into meaningful impact for the people of Kano State.

He also countered the claim of former Kano state commissioner of information Muhammad Garba of accusing the Kano state government of non budget performance .

 

The commissioner said the Alhaji Abba Kabir Yusuf’s budget performance is not something hidden its there for every body to see in Government websites.

 

NIGERIAN TRACKER reports that recently the former Kano state commissioner of information during Dr. Abdullahi Umar Ganduje’s tenure Malam Muhammad Garba said the Kano state government under Alhaji Abba Kabir Yusuf has performed woefully in budget implementation in the first and second quarter of 2025 fiscal year.

Continue Reading

News

World Cup 2026:Morocco Drawn Against Brazil as Cote d’Ivoire Set to Battle Germany in Group Stage Showdowns

Published

on

 

By Abdulgaffar Oladimeji who is in Washington

Morocco to face Samba Boys of Brazil in group C, where they are drawn alongside Scotland and Haiti.

Advert

The Elephants of Cote D Ivorie will confront the German Machines in Group E. Where they have Ecuador and Curacao as their other . opponents.

Sahel Sports News

Continue Reading

Trending