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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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NASWDEN backs FG’s move to license, regulate scrap business, raises alarm over attack on members

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The National President, National Association of Scrap and Waste Dealers Employers of Nigeria (NASWDEN), Alhaji Fatai Ogunwale, has expressed the support of the association for the Federal Government’s Proposed licencing and regulations of Scrap business.

A statement made available to the News Agency of Nigeria (NAN) by its National President, Alhaji Fatai Ogunwale, on Tuesday, stated that the move was also to curb theft and vandalism in the country.Read Daily News

In a Two-Day stakeholders meeting in Lagos, the Federal Government under the supervision of the Federal Ministry of Steel Development, had moved to regulate Scrap industry business and operation in Nigeria.

The theme of the event is “Validation of the proposed Scrap metal Collection, Trading, Recycling and Regulations 2026”.

According to the President of the association, the move was targeted at those who engaged themselves in illegally stealing of metals and vandalism of critical infrastructure including electricity cables, railways components and manhole covers amongst others.

He expressed gratitude to the Federal Government for the initiative and warned against double taxation scrap metal dealers carrying scraps to end users or rolling mills across the country.

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Ogunwale also called on the Federal Government to eradicate touts on our expressways who harrass NASWDEN members ,extort them while going about thier legitimate scrap business.

The President also informed stakeholders that NASWDEN had earlier launched anti Vandalism and currently working with security agencies to protect critical national infrastructure and the nation’s assets.

According to him, the move also involved the issuing of loading inspection confirmation clearance papers to members to check theft and vandalism by criminals parading themselves as scrap dealers.

In his remarks, the Minister of Steel Development, Shuiabu Audu, stated that the framework would establish an organised transparent scrap metal value chain in the country.

The Minister was represented by the Director of Metallurgical Raw Metal Development and Investment Promotion in the ministry, Mr Ime Eprikpo.

“The proposed Scrap metal collection, trading, recycling and regulations 2026, are also expected to improve the supply of the locally sourced raw materials to steal manufacturing companies.

As well as to formalise the activities of scrap dealers and strengthen environment and occupational safety standards, ”he added

I’m his remarks, the Deputy National President of NASWDEN, Comrade Aminu Hassan Soja called on the Federal Government to as a matter of urgency, tackle the issue of alleged attacks on its members by one Uche Ogbu Luke.

According to Soja, Luke is an impostor who allegedly uses armed thugs to intimidate and extort scrap dealers along highways across the South-East and South-South regions of the country.

” We call on the federal government tomurgently intervene and put an end to the activities of one Uche Ogbu Luke, whom he describes as an impostor allegedly using armed thugs to intimidate and extort scrap dealers along highways across the South-East and South-South regions of the country,” he alleged.

He urged the relevant security agencies to “investigate the allegations, apprehend those involved and protect innocent scrap dealers from harassment, intimidation and unlawful extortion”.

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ASUU Declares Strike at Zamfara State University

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The Academic Staff Union of Universities (ASUU), Zamfara State University branch, has declared an indefinite strike over what it described as the failure of the university management and relevant authorities to address its longstanding demands concerning staff welfare, salaries, promotions and working conditions.

The branch chairman, Comrade Anas Abubakar Dogo, announced the decision in a statement, explaining that the industrial action would commence at midnight on November 11, 2026.

Dogo said the decision followed the expiration of an initial two-week ultimatum issued to the university management, which was subsequently extended by another three weeks, bringing the total period of the ultimatum to five weeks.

According to him, the union had also embarked on a one-week warning strike in an effort to compel the authorities to address its grievances, but the failure to resolve the outstanding issues had left the branch with no option but to proceed with an indefinite strike.

The ASUU chairman listed several challenges confronting the university, including the absence of official student accommodation, inadequate staff housing, poor remuneration and the non-implementation of the Federal Government-ASUU agreement.

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He lamented that students of the institution had no official university hostel, while members of staff were also without adequate accommodation, describing the situation as a major challenge to the effective administration and development of the university.

Dogo further accused the university authorities of failing to implement the Federal Government-ASUU agreement in its entirety, including the payment of outstanding arrears owed to academic staff.

The union also expressed dissatisfaction over the non-payment of promotion arrears, noting that the failure to implement staff promotions and their accompanying financial benefits had continued to undermine the morale of lecturers.

On staffing, the ASUU chairman raised concerns over the shortage of academic personnel, disclosing that some departments had only one tenured academic staff member, while others had none.

He warned that the situation was affecting the university’s academic capacity and could undermine the quality of teaching, research and other academic activities.

The union also described Zamfara State University as a training ground for academic staff, alleging that many lecturers were leaving the institution for other universities where better remuneration and improved working conditions were available.

Dogo disclosed that many academic staff members earned monthly salaries ranging from N96,000 to N120,000, a situation he said was inadequate and had contributed to the institution’s difficulty in retaining qualified lecturers.

He consequently demanded the full implementation of the Federal Government-ASUU agreement in all its provisions, including the settlement of all outstanding arrears.

The union also demanded the implementation of staff promotions and the payment of all accumulated promotion arrears.

The ASUU chairman stated that all academic activities on the university campus would remain suspended throughout the period of the industrial action.

He urged the relevant authorities to address the union’s demands to facilitate a resolution of the dispute and ensure the resumption of academic activities.

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Tinubu’s Jigawa Rally Signals Growing Northern Support, TMS Says as President Defends Economic Reforms

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The Tinubu Movement for Sustainable Governance Foundation (TMS), popularly known as Tinubu Must Stay, has described the large turnout that greeted President Bola Ahmed Tinubu’s campaign visit to Jigawa State as an indication of growing grassroots support for his administration and re-election bid ahead of the 2027 general elections.

Speaking at the rally in Dutse, TMS Director of Special Duties, Dr. Usman Baita Elleman, said the enthusiasm displayed by residents demonstrated what the movement considers increasing acceptance of the President’s economic policies despite the hardship and criticism that accompanied their introduction.

“The rally was very beautiful. People came out in their numbers to show solidarity with the President and the governor. From what we saw today, there is no doubt that President Tinubu enjoys enormous support in Jigawa State and across Northern Nigeria,” Elleman said.

He said members of TMS, led nationally by Kashifu Inuwa Abdullahi, who hails from Jigawa State, participated prominently in the mobilisation, with the movement displaying banners, billboards and other campaign materials across the state.

Elleman said TMS would intensify its campaign to explain the rationale behind some of the administration’s most consequential policies, particularly the removal of petrol subsidy.

According to him, although the reforms have imposed short-term hardship, they were introduced to address structural economic problems and place public finances on a more sustainable footing.

“We are telling Nigerians the facts about these policies. Some of the decisions may be painful, but they are aimed at putting the country on a sustainable path,” he said.

He also cited the student loan programme and other interventions targeted at young Nigerians as initiatives the movement would highlight during its grassroots engagements.

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Beyond conventional political mobilisation, Elleman said TMS had been organising sensitisation and empowerment programmes for small-scale entrepreneurs, combining political advocacy with community-level interventions.

He said the movement would sustain its public enlightenment and grassroots mobilisation as political activities intensify ahead of the 2027 elections.

Tinubu Says Reforms Beginning to Gain Acceptance

Addressing supporters at the Dutse Township Stadium, President Tinubu defended his administration’s economic reforms, arguing that the policies were beginning to produce results and gain wider public acceptance.

The President maintained that petrol subsidy removal was irreversible and rejected suggestions by political opponents that the subsidy regime could be restored sustainably.

“To those who say subsidy is coming back, it’s a lie. Don’t let them lie to you again. It is not going to come back,” Tinubu told supporters.

He argued that the subsidy had consumed substantial public resources that could instead be directed towards infrastructure, agriculture, education and social development.

“We have to think about the future of our children. The money must be invested in areas that will create prosperity and opportunities for all Nigerians,” he said.

President Promises Mechanised Farming Centres, Interest-Free Loans

Turning to agriculture, Tinubu announced plans to expand government support for farmers through interest-free financing and mechanised farming service centres across the country’s six geopolitical zones.

“We have to invest in agriculture. There will be interest-free loans for farmers. Prosperity is coming. Food security will happen,” he said.

The President also pledged further investments in electricity, skills acquisition, youth empowerment, job creation and support for small and medium-sized enterprises.

On security, he said the Federal Government was strengthening the operational capacity and welfare of security agencies to improve their ability to tackle criminality.

Tinubu also described the Nigerian Education Loan Fund (NELFUND) as an important instrument for expanding access to higher education and tackling poverty, pledging to broaden opportunities for young Nigerians.

Shettima Highlights Northern Infrastructure

Vice-President Kashim Shettima, who also addressed the rally, said ongoing investments in infrastructure and agriculture demonstrated the administration’s commitment to Northern Nigeria.

He cited projects including the Kano-Maiduguri Road, Kano-Maradi railway and Kwanar Danja-Hadejia Road, urging residents to assess the administration on its development record.

APC campaign officials similarly described the turnout as evidence of the party’s continued political strength in the North.

TMS members were visibly involved in mobilisation at the rally, which attracted supporters from Jigawa and beyond.

For the movement, the Dutse gathering forms part of a wider strategy combining support for Tinubu’s re-election with policy sensitisation, community engagement and economic empowerment as Nigeria moves closer to the 2027 general elections.

 

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