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Showing posts with the label kaduna

Kaduna Based Fintech Startup, Payant Crosses ₦1 billion Transactional Milestone

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Two years later, Payant, a fintech startup that provides online payment solutions, recently announced over ₦1 billion in transactions. Based in Kaduna the Northern part of Nigeria,  Payant is essentially a web-based invoicing software that lets users create invoices, automatically send payment reminders and accept instant payments online with over 1,600 registered users as at June 2018. According to a blogpost , Payant’s first transaction was worth ₦500 on the 1st of January, 2017. The platform now boasts around 1,500 users. Lowest and highest single payments processed are ₦1 and ₦400,000 respectively. Payant explained in a post that: “In 2018, we are focused on building up our system, improving the quality of our services and increasing our transactions with more merchants." “So far in 2018, we have processed over N1,000,000,000 (One Billion Naira) in total transaction volume with over 1,600 registered merchants.” Aminu Bakori, Found...

Nigeria’s “High-Speed” Rail: A Personal Experience 18 Months Later

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Nigeria’s first ever high speed train service which open for service in March 2016. A double-track, standard gauge between Abuja and Kaduna that runs at 120 Km and 150 Km an hour. Come March, travellers will be able to journey from Abuja to Kaduna (and vice-versa) in less than an hour. The Nigerian government made huge strides towards diversifying transportation when it announced that the first ever high-speed train service in the country, as reported by Techpoint . A project that caused the Federal government $849 million. The China Railway Rolling Stock Corporation (CRRC) Nanjing Puzhen, who was commission the project has finished 10 orders for six African countries so far, including Nigeria, Sudan, Cameroon, and Kenya. The first time I saw the train,  it was a beauty,  new, orderly and an amazing sight, all you just want to do is jump right in but the orderly has turned irregularities, and system malfunction. I went back to re-evaluate Nigeria’s “high-spee...