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September 11, 2023 Flutterwave Launches Swap, A Digital FX Solution In Partnership With Kadavra BDC And Wema Bank For Nigerians

Flutterwave Launches Swap, A Digital FX Solution In Partnership With Kadavra BDC And Wema Bank For Nigerians

Flutterwave, a leading payments technology company in Africa, made a groundbreaking announcement on Monday at their Ikoyi office in Lagos.

They unveiled "Swap" in collaboration with Wema Bank and Kadavra BDC. This cutting-edge solution, endorsed by the Central Bank of Nigeria (CBN), is a secure and dependable digital platform. Its primary aim is to provide Nigerians immediate access to foreign currency at competitive exchange rates.

This development comes at a crucial time when Nigerians and businesses face challenges in obtaining foreign currencies. This hurdle has been a significant obstacle for individuals looking to engage in international transactions, investments, and other cross-border financial activities. These limitations have also hindered macroeconomic growth and personal financial aspirations, making it challenging for individuals to tap into global opportunities to their full potential.

Beyond being the CBN-approved digital platform for facilitating currency exchanges, Swap is designed to ensure that every transaction is seamless, secure, and financially rewarding. This empowerment will grant consumers greater purchasing power and offer businesses substantial investment potential.

In addition, Flutterwave plans to introduce a convenient card issuance system for Swap users, allowing rapid access to global currencies such as Dollars, Euros, and British Pounds. This move, set to commence in October 2023, aims to distribute over 10 million cards to Nigerians. It will greatly benefit individuals seeking swift access to Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) to support their educational pursuits, business ventures, and diverse travel needs.

Olugbenga 'GB' Agboola, Founder and CEO of Flutterwave, expressed his enthusiasm about the product launch, emphasising their commitment to simplifying financial processes for endless possibilities. He stated, "Swap represents a significant leap forward in how Nigerians engage with foreign exchange. We understand the FX access challenges individuals and businesses face, and Swap is our answer to those pain points, providing a seamless and efficient platform for currency exchange. We are honoured to have secured regulatory approval and the trust of our partners Kadavra BDC and Wema Bank to bring this life-changing solution to Nigerians."

Cynthia Onyinyechi, CEO of Kadavra BDC, praised Swap as a crucial step in resolving major FX challenges for Nigerians, streamlining the process of accessing foreign currency with just a click. Morufu Oseni, Managing Director of Wema Bank, highlighted their unwavering support for digital innovation in the Nigerian finance industry. He expressed pride in their partnership with Flutterwave, believing that a product like Swap will significantly impact all sectors.

One-click access to Swap is available to existing users of Flutterwave for Business and Send App. Additionally, Swap will be accessible via API for banks and newly signed-up Nigerians on the platform. This move marks a significant stride towards revolutionising how Nigerians interact with foreign exchange.

September 7, 2023 APC Leader Emphasizes PEPC Judgment Grounded In Facts, Not Emotions

APC Leader Emphasizes PEPC Judgment Grounded In Facts, Not Emotions

In a virtual news conference held on Thursday, Mr. Jesutega Onokpasa, a prominent member of the All-Progressives Congress (APC) and a seasoned lawyer, emphasized that the judgment delivered by the Presidential Election Petition Court (PEPC) on Wednesday was rooted in factual analysis, not driven by emotions.

Onokpasa stated that the petitioners had based their legal challenge to President Bola Tinubu's election victory on sentiments rather than substantial evidence, ultimately making the entire court process futile.

He expressed his disappointment, asserting, "The petitioners wasted our time as Nigerians asked the court's and lawyers' time. The position of the law is not sentimental but factual."

As a former member of the dissolved APC Presidential Campaign Council, Onokpasa noted that there were attempts to undermine and pressure the judiciary during the PEPC proceedings, but these efforts proved unsuccessful.

He also highlighted the significance of the ruling regarding the allocation of 25 per cent votes in Abuja, a decision that was met with much contention. According to him, this ruling established equal representation for the Federal Capital Territory (FCT) alongside other states, dispelling any notion of unequal citizenry based on location.

September 7, 2023 Bbnaija All Stars: Omashola Reveals Kimoprah As His Ex-Girlfriend

Bbnaija All Stars: Omashola Reveals Kimoprah As His Ex-Girlfriend

In a surprising revelation, Big Brother Naija All Stars contestant Omashola, fondly known as Sholzy, opened up about his past romantic involvement with fellow houseguest Kim Oprah.

This confession shed light on why Kim seemed upset after he didn't choose her as one of his BFFs following his Head of House victory on Monday.

During his diary session on Thursday, Sholzy candidly shared that he refrained from selecting Kim as a BFF to safeguard his current relationship with his fiancée, prioritising their bond above all else.

 He explained, "KimOprah was mad I didn’t pick her for BFF. I can’t because she’s my ex-girlfriend. I have a woman that I love so much. I’m not willing to jeopardise that relationship."

Sholzy further emphasised that he never intended to lead Kim on, stating, "She [Kim] is now giving me attitude, making it seem like I’m in a relationship with her again. She needs to stick with who she is and be content."

Recalling the events, Sholzy ultimately chose CeeC, Mercy, Ilebaye, and Whitemoney as his BFFs after emerging as the Head of the House earlier in the week. This revelation adds a new layer of complexity to the dynamics within the Big Brother Naija All-Stars house.

September 7, 2023 Tems Honored With ELLE Style And BMI R&B/Hip-Hop Awards

Tems Honored With ELLE Style And BMI R&B/Hip-Hop Awards

Grammy-winning Nigerian sensation Temilade Openiyi, known by her stage name Tems, achieved a remarkable double win on Wednesday.

The acclaimed artist received the prestigious Trailblazer Award at the ELLE Style Awards in London, United Kingdom, on September 6, 2023. This esteemed accolade was presented to her by the BAFTA-winning actress Naomi Ackie and BBC Radio 1 presenter Julie Adenuga.

During her heartfelt acceptance speech, the talented 'Essence' singer attributed her career triumphs to her upbringing in Lagos, Nigeria, and unwavering faith.

Simultaneously, on the other side of the Atlantic, Tems clinched the Songwriter of the Year title at the 2023 BMI R&B/Hip-Hop Awards, held at the vibrant LIV Nightclub in Miami Beach on the same evening. Her exceptional songwriting contributions to tracks such as 'Free Mind,' Rihanna’s 'Lift Me Up,' and Future and Drake’s 'Wait For U' earned her this well-deserved recognition. Tems continues to captivate audiences globally with her remarkable talent and dedication to her craft.

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