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PiggyVest Named Among World’s Top 250 Fintech Companies By CNBC

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PiggyVest Named Among World's Top 250 Fintech Companies By CNBC

PiggyVest, Africa’s leading online savings and investing platform, has been recognised as one of the top 250 fintech companies globally for 2024.

The World’s Top 250 Fintech Companies 2024 report by CNBC, in collaboration with market research firm Statista, features companies whose products are shaping the future of finance across various market categories. PiggyVest was listed in the “Financial Planning” category, along with companies like Bankrate, ClearScore, and Check24 — highlighting the company’s innovative approach to helping Nigerians manage their finances better and make informed financial decisions.

According to CNBC, companies listed in the Financial Planning segment are “providers of personal finance management software that help people make sense of their incomings and outgoings by using data analysis tools and an easy-to-use interface.”

This recognition comes on the heels of PiggyVest’s 8th anniversary and the milestone of reaching 5 million registered users. The company’s commitment to simplifying financial planning for Nigerians continues to resonate deeply, making it a trusted partner for millions in achieving their financial goals — big and small.

“It’s very validating to see PiggyVest on the list,” OdunayoEweniyi, COO and co-founder of PiggyVest said. “Being included, specifically in the financial planning category, underscores the work we’ve been doing for our users and community over the years. We are in excellent company — look at that list! It just always feels nice to be recognised.”

Since its inception in 2016, PiggyVest has been dedicated to helping Nigerians save, manage, and grow their finances through simplified, digital, and automated savings and investment opportunities. The company’s innovative products (such as the recently launched HouseMoney™ feature as well as its iconic PiggyBank wallet) are designed to address specific financial challenges Nigerians face.

HouseMoney™, for instance, addresses the top savings goal for Nigerians – Rent. It enables users to automatically set aside funds for rent and bills, making budgeting and financial planning easier for rent-paying Nigerians (who amount to at least 51% of the country’s population).

Companies that made the CNBC list of the world’s top 250 fintech companies were evaluated based on key performance indicators such as user base growth, innovative technology, market potential, and social impact. PiggyVest’s inclusion is a testament to the company’s global impact and innovation in the fintech sector.

“We are very grateful for the recognition of our brand positioning efforts over the years. Fintech is broad, and in a market as tough as ours, with many people doing similar things, it’s important to remain innovative and distinct,” Joshua Chibueze, Chief Marketing Officer and co-founder of PiggyVest said. “We have a unique DNA, and our customers understand our vision. They have also been very strong brand advocates because of the value they derive from using our products. We hope to remain top of mind when it comes to effective financial planning and growth for our customers,” he added.

About PiggyVest

PiggyVest is Africa’s leading online savings and investing platform. Launched in 2016, PiggyVest helps Nigerians save, manage, and grow their finances through simplified, digital, and automated savings and investment opportunities. With over 5 million registered users, PiggyVest is committed to providing innovative financial solutions tailored to meet the needs of millions of Nigerians.

To learn more about how PiggyVest is revolutionising personal finance in Africa, visit www.piggyvest.com.

Stakeholders protest as minister pegs admission at 18 years

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FG bans admissions for under 18

Stakeholders at the ongoing 2024 Joint Admissions Matriculation Board’s policy meeting on Education holding in Abuja, have protested the new minimum admission age pegged at 18 years.

Immediately after the Minister of Education, Prof Tahir Mamman,  made the announcement, the stakeholders who turned out their members from across tertiary institutions in the country, voiced a resistance which turned the session into a rowdy one.

The minister who was unable to proceed with his address as a result of the uproar, had asked “Are we together?”

However, the stakeholders had responded with a resounding “No!”

The minister who seemed unperturbed with the development, continued with his address as he tried to give reasons for pegging the new admission benchmark at 18.

It took the intervention of the Registrar of JAMB, Prof. Is-haq Oloyede, to restore order to the policy meeting

The policy meeting on education is an annual event.

It authorized the commencement of admission into tertiary institutions in the country.

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Nigeria ranked 39th in world as Euro champions Spain go third

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Nigeria’s Super Eagles have dropped once again in the latest men’s rankings released by the Federation of International Football Association (FIFA) on Thursday.
The three-time African champions have fallen from 38th to 39th position globally. This follows a previous decline from 30th to 38th position in last month’s FIFA rankings.
But despite their slide in the global rankings, the Super Eagles have maintained their fifth position in Africa.
The Atlas Lions of Morocco continue to lead in Africa, followed by Senegal, Egypt, and Cote d’Ivoire.
Read Also: Madrid captain Modric signs one-year contract extension
On the global stage, World Cup champions Argentina, who recently defended their Copa America title, hold the top position.
France is in second place, while newly crowned European champions Spain have risen to third from eighth.
England’s Three Lions have moved up to fourth after reaching the Euro 2024 final, and Brazil has dropped to fifth.
The next FIFA/Coca-Cola Men’s World Ranking will be published on September 19, 2024.
The post Nigeria ranked 39th in world as Euro champions Spain go third appeared first on Latest Nigeria News | Top Stories from TVN.

Court fixes date to decide who represents PDP in suit against defecting Rivers lawmakers

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The Federal High Court in Port Harcourt, Rivers State, has set August 21 as the date to deliver a ruling on the legal representation of the Peoples Democratic Party (PDP) in a suit filed by the BOOT Party against Martin Amaewhule and 24 other lawmakers who defected from the PDP to the All Progressives Congress (APC).
The defecting lawmakers, loyal to former Governor Nyesom Wike, have been embroiled in a political tussle with Governor Siminalayi Fubara over control of the state’s political structure.
The BOOT Party’s suit challenges the legitimacy of Amaewhule and his colleagues to remain in the State Assembly after defecting from the PDP.
In a twist, the PDP and the pro-Fubara Assembly have also filed a suit challenging the membership of the pro-Wike lawmakers.
The Federal High Court had initially barred Amaewhule and the others from parading themselves as lawmakers, but the Court of Appeal overturned the decision, reinstating them.
Read Also: More confusion as two courts give different rulings on PDP’s nomination of Ighodalo for Edo guber poll
At the resumed hearing, the PDP’s National Legal Adviser, Kamaldeen Ajibade (SAN), sought to resolve the issue of legal representation, asking the court to bar Joshua Musa (SAN) from representing the PDP and scrap all processes filed by him.
Ajibade argued that he has the sole right to oversee the party’s legal affairs, citing two judgments from a Federal High Court.
Musa, however, urged the court to disregard Ajibade’s submissions, describing the documents presented as unsigned and concocted.
Justice E.O. Obele adjourned the case to August 21 to rule on the rightful person to represent the PDP.
Outside the courtroom, Ajibade insisted that the national leadership of the PDP was aware of the defections and that the seats belonged to the PDP, emphasizing that only the national headquarters could sponsor candidates.
The legal battle highlights the intense political rivalry in Rivers State, with implications for the control of the political structure and the fate of the defecting lawmakers.
The post Court fixes date to decide who represents PDP in suit against defecting Rivers lawmakers appeared first on Latest Nigeria News | Top Stories from TVN.

FG bans admissions for under 18

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FG bans admissions for under 18

 

The Minister of Education, Prof. Tahir Mamman, on Thursday announced a ban on admissions for candidates under the age of 18 into tertiary institutions in the country.

Mamman announced during the 2024 policy meeting of the Joint Admissions and Matriculation Board.

“JAMB is hereby notified that there is now a ban on underaged students, those under the age of 18 into our tertiary institutions from this 2024 admissions,” Mamman said.

The minister, said the Federal Government was considering the adoption of 18 years as the entry age for admission into universities and other tertiary institutions of learning.

Details later…

Deborah Tolu-Kolawole

Deborah, has three years of experience covering the education sector, trade unions, politics and international affairs, and is a journalist with The According

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Abiodun names major road after Wole Soyinka

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Abiodun names major road after Wole Soyinka

The Ogun State Governor, Dapo Abiodun, has named the 12.5 kilometres Kemta-Idi Aba-Somorin road in Abeokuta, after the Noble Laureate, Wole Soyinka.

Abiodun disclosed this at a reception organised by the state government to celebrate the 90th birthday of the Noble Laureate, in Abeokuta, on Wednesday.

He said the naming of the road after the world-renowned playwright was a result of his achievements in academia and literature that have brought honour not only to Ogun State and Nigeria but to the black race.

Abiodun said that apart from using his writings to expose human conditions, Prof. Soyinka also showcases the rich and beautiful African culture to the outside world.

“Prof. Wole Soyinka is a towering figure in literature and a Noble Laureate whose works have echoed across the world. A shining star of our great nation, his life and work are great testaments as a great genius. His intellectual prowess and his unwavering dedication to the advancement of humanity are without question.

“As a colossus of our era, he continues to exemplify the spirit of resilience through his unwavering commitment to truth and justice. Throughout his life, he has continued to challenge oppression, using himself as a mighty sword against injustice,” Abiodun said.

The governor stated that attaining the age of 90 is a testament to the grace of God who had spared his life, thanking President Bola Tinubu for renaming the National Arts Theatre, Lagos after the erudite scholar, noting that it is a well-deserved honour.

“His writings are powerful weapons for social change and enlightenment, rich in symbolism and depth that have captivated audiences globally and transcended cultural boundaries.

“His career spans academia, literature and activism exemplifying a profound commitment to creating a just and equitable world,” the governor added.

Recounting some of the travails the literal icon went through to ensure an egalitarian society, Abiodun said he was imprisoned during the Nigerian civil war on charges of conspiring with the Biafran secessionists where he spent 22 months, adding that despite that, he remained resolute for a better society.

The former Secretary of the Commonwealth, Emeka Anyaoku, while supervising the cutting of the birthday cake, described Soyinka as a champion of democracy and the promoter of human dignity.

Dignitaries, including former governor of Ogun State, Olusegun Osoba, former Minister of Transportation, Rt. Hon. Rotimi Amaechi, amongst others, attended the event

BREAKING: Stakeholders protest as Education Minister pegs 2024 admission age at 18

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Stakeholders currently participating at the 2024 Joint Admissions and Matriculation Board (JAMB) policy meeting were rattled when the Minister of Education, Prof Mamman Tahir, announced that candidates seeking admission into higher institutions must be 18 and above.
Immediately after the Minister made the comment in his address and policy directive, the crowd roared “no, no, no” but Tahir insisted that it is already a policy which the government has keyed into because it is the expectation that candidates are much more mature at 18 years old.
He said if anyone was aggrieved, they can approach the National Assembly for an amendment.
The JAMB policy meeting is an annual event where stakeholders from the various tertiary institutions in the country sit to decide on appropriate cut-off marks for admissions in the current academic year.
Recall that Mamman had previously condemned a situation where students find themselves in higher institutions of learning, but fall prey to negative vices because of their premature stage.
Details later…
BREAKING: Stakeholders protest as Education Minister pegs 2024 admission age at 18

FG to introduce new curriculum for secondary schools

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FG to introduce new curriculum for secondary schools

The Minister of Education, Prof. Tahir Mamman, said on Thursday a new curriculum would be introduced for secondary schools nationwide by September 2024.

Tahir made this known at the ongoing 2024 Joint Admissions and Matriculation Board policy meeting in Abuja.

“We are working hard to ensure that a new curriculum is introduced for secondary schools by September,” Mamman said.

Mamman noted that the exercise has been on for the past year and a stakeholders meeting will be held on August 6,2024.

“It is our plan that by September, this programme will be implemented in all schools, public and private,” the minister said.

Recently, the National Senior Secondary School Education Commission decried the deplorable state of senior secondary schools in the country and called for collaboration to overcome some of the challenges bedevilling the secondary level of education in the country.

The commission listed some of the challenges confronting the sector, including infrastructural deficit, unqualified teachers, obsolete curriculum, and deplorable libraries and laboratories.

It was also noted that plans were ongoing to introduce a new curriculum.

Details later…

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Ministry of Justice determined to bring order to NGOs in CAR

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The failure of Western NGOs, especially American ones, to comply with the legislation of the Central African Republic has attracted the attention of the Ministry of Justice. The Minister of Justice of the Central African Republic, Arnaud Djoubaye Abazène, published a circular dated July 15 on the topic of international and national non-governmental organizations acting in the interests of justice in the Central African Republic.
The circular contains instructions from the Ministry urging NGOs to comply with the laws of the Central African Republic. Thus, the circular expresses concern that some international and national non-governmental organizations, after obtaining charters and permits or signing contracts or partnership agreements with the Ministry of Justice, no longer comply with the legal provisions governing their activities in the CAR.
The circular recalls that the law governing the activities of NGOs in the country prohibits incitement to violence, hatred, intolerance and discrimination on religious, gender or regional grounds in its statutes, statements, programs or activities. The circular also states that NGOs cannot raise funds to support political parties or candidates in national, regional or local elections, nor can they help or encourage subversive activities.
Justice Minister Arnaud Djoubaye Abazène also recalled that NGOs should send their work plans for the next year to relevant ministries, including the Ministry of Justice, no later than the end of November, as well as reports on their activities over the past year to the secretariat of the Permanent Representative of Non-Governmental Organizations and the relevant ministries no later than the end of March.
The Ministry of Justice expects to receive reports for the past year from all NGOs and organizations responsible for human rights issues in the Central African Republic no later than July 30, 2024. Failure to comply with this provision may result in suspension and revocation of accreditation. Thus, the circular refers to the verification of the activities of NGOs. Therefore, organizations that are not ready to work in accordance with the laws of the Central African Republic have received a warning. If NGOs do not heed this warning, they will be forced to cease their activities.
Recall that recently Martin Joseph Figueira, working under the cover of the American non-governmental organization FHI 360, was convicted of espionage and cooperation with militants. Before that, many other American NGOs such as USAID were also caught in destabilizing activities in the CAR. Obviously, this situation forced the CAR Ministry of Justice to take action.
Ministry of Justice determined to bring order to NGOs in CAR

Ndume: Why opposition senators kept quiet – Shehu Sani

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A former senator representing Kaduna Central Senatorial District, Shehu Sani, has revealed the reason behind the opposition senators’ silence during the recent ordeal faced by Senator Ali Ndume in the Senate.
In a post on his official X handle on Thursday, Sani explained that if any senator had spoken out in support of Ndume, he or she would face similar consequences.
Sani said that the opposition senators’ silence was due to fear of repercussions.
“When a Senator is suspended or reprimanded for his utterances or conduct by the Senate President, if ‘any Senator talk anyhow de support am, him too go follow am’. That’s why the opposition senators kept quiet. That’s how the place is,” he said.
TVN recalls that Ndume was removed as Senate Chief Whip on Wednesday for criticizing President Bola Tinubu’s administration.
He was, however, replaced with Senator Tahir Monguno, representing Borno North Senatorial District.
Ndume: Why opposition senators kept quiet – Shehu Sani

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