Quick Takes

Wi-Pay Global Gets Int’l Approval

Wi-Pay Global, a United Kingdom based company has been granted registration approval to carry out international money remittance by the Financial Conduct Authority in the United Kingdom.

In a letter received last week, the company was granted registration to carry out payment activities under money remittance services after a review of its application.

According to the Head of Operations/ITof the company, Mr. Charles Ighedo, “This remarkable feat is indeed rewarding and serves to reaffirm our faith in the corporate vision of the company, which is to make Wi-PAY the pre-eminent E-payment solutions provider locally and globally.”

The company’s business model hinges on the Tripod Strategy, which will enable Wi-PAY seamlessly provide POS payment terminal services, mobile money and international remittance services in Nigeria and abroad under a robust platform. Thus, this achievement is well timed as it puts the company in good stead in commencing our international remittance services before the end of 1st quarter 2017, the company assured.

“This will therefore complement our local domestic money transfer, bill payment, Etop-up and PTSP services and ultimately fits into the overall Wi-PAY ecosystem and long-term vision of becoming a leading e-payment solutions provider and world-class fintech company,” Ighedo said.

Wi-PAY Technologies Ltd (Nigeria), Wi-PAY Global (UK) and WiPAY Global LLC (USA) is a group of financial technology companies providing an integrated array of e-payment solutions.

Mantrac Achieves Gold Certification

In keeping with Mantrac Nigeria’s culture of maintaining Caterpillar standard service, the company said it recently received Gold Certification of Caterpillar Marine Service Assessment (MSA) carried out by Det Norske Veritas, Germanischer Lloyd (DNV-GL).

Throwing more light on the certification, the Managing Director Mantrac Nigeria Mr. Edmund Martin-Lawson in a statement explained that the award was won by the company’s Lagos and Port Harcourt facilities following three years consistent efforts and thorough audit by DNV-GL on Caterpillar Marine Service Assessment carried out for five consecutive days in September 2016, in both branches.

He said MSA is a tool to measure Product Support Capability and quality levels based on a number of standard requirements which every Caterpillar Marine Dealer must meet.

According to the Martin-Lawson was highly elated about the award, coming from an assessment carried out by the world’s largest classification organisation with 13,175 vessels and mobile off shore units amounting to 265.4 mill gt in its portfolio, all representing 21% of the global market.

He commended the Mantrac Nigeria team that worked tirelessly in achieving this feat, noting that the Caterpillar Gold Level Certification places Mantrac Nigeria in a very prestigious position as one of the top-notch dealers in marine service capability in the Caterpillar dealer network.

NACC Appoints Akpata New DG

The National President of the Nigerian-American Chamber of Commerce (NACC), Chief Bintan Famutimi has announced the appointment of Mrs. Joyce Akpata as new Director-General. ThiswascontainedinapressstatementreleasedonThursdaybyNACC. According to the Association, Joyce is expected to bring her varied experience and expertise into the administration of the Nigerian American Chamber of Commerce. Prior to joining the Nigerian American Chamber of Commerce, Joyce has had varied work experience in the practice of law, the Head, Legal and Administration at a proprietary trading firm, Company Secretary and Legal Adviser at Odade Investments Limited, Head, Consultancy Unit of Odade Consulting Services Ltd, and was until recently the Director-General of the Nigerian British Chamber of Commerce (NBCC).

Joyce Akpata earned her first degree in law from of the University of Abuja. She was called to the Nigerian Bar after graduating from the Nigerian Law School with a 2nd Class Upper Division. She was a winner of several coveted prizes at the Nigerian Law School. She is a Chartered Secretary and also holds an MBA from the Durham Business School, UK.