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With a strong and diverse team at the helm, the fintech firm is poised to build a successful platform for Africans to send and receive money around the world.

 

Payday, a Pan-African financial technology company raised one million dollars to build out what they believe will be the “PayPal” for Africa. The company was backed by several investors including LofyInc, Microtraction, Magic Fund, Ventures Platform, Voltron Capital, CcHub Syndicate, Helicarrier Inc, Greencap Equity, Midlothian Angel Network, Emergence Capital, Olugbenga Agboola (GB), Charles Odita, Eke Eleanya, Adegoke Olubusi, Edmund Olotu, Prosper Otemuyiwa, Dimeji Sofowora, Perseus Mlambo, Abdul Hassan, Onyekachukwu Somtochukwu Eyisi, and a host of other investors.

Nigeria's Favour Ori, CEO of Payday founded the company in May 2021 and kicked off its beta test in June 2021 with a cold launch in July. Within three weeks of launch, Payday successfully processed over $1.4 million in transactions.


Payday’s product offerings include sending and receiving money globally, getting paid by foreign employers and clients, issuing Virtual Mastercards, and paying tuition and other fees in the United States, Canada, and the United Kingdom.

Payday is also used by foreign businesses such as TalentQL (TechStars), Tupelo, and a slew of others to pay their employees in Africa for a variety of services such as payroll, taxes, and compliance.

“Payday’s solution is extremely timely and it backs up Africa’s agenda of a single market. Making it seamless and easy to pay people in their local currency and through multiple checkout options is a strong boost for AfCFTA” - ‘Bosun Tijani.

 


Temi Awogboro, General Partner at MAGIC Fund said “Magic is delighted to be an early backer of Favour and the Payday team in achieving their audacious vision of enabling swift borderless online payments services for Africa, thereby connecting its users with vast opportunities around the world. 

This aligns with our founders-backing-founders thesis and we are excited by the opportunity to support the team as they positively disrupt the space.”

 

"Africa is home to some of the most talented and ambitious entrepreneurs we see in the world today, and they are solving problems for one of the biggest markets on the planet. Sending money remains complicated, time-consuming and expensive but we believe Payday Africa has the vision to liberate Africans and the global diaspora to send and receive money quickly and affordably" says Sunil Sharma, Managing Director of Techstars Toronto.


“Ventures Platform said we are thrilled to partner with Payday as they seek to ease the difficulty with moving money around Africa and across the world; this is even more critical as remote work opportunities continue to grow for young Africans” - Kola Aina, General Partner, Ventures Platform.


“We have been really impressed with Payday’s speed to integrate and launch with Union54. They have worked tirelessly to bring a best-in-class product with a delightful design. They have a thoughtful approach to simplifying how money moves and we are delighted to support them today and for the future” - Perseus Mlambo, CEO at Union54.


"Payday is an exciting product that makes moving money around Africa and the world super easy, and the founding team are relentless and committed to the mission. I’m glad to back them." - Eke Eleanya, Founder/CEO Risevest.


Payday is a platform created to provide swift payments for Africans across the globe.  They want to be the one-stop shop for anyone looking to move money freely within and beyond Africa. Say goodbye to crazy fees and slow wire transfers.

Although the current investment round is closed, Payday is still open to meeting interesting players and investors in the Fintech space.

 

Big Brother Naija Top Finalist "Cross" had recently released a post on his Instagram page to celebrate his Instagram Handler, Lady Tessy Isioma Olotta for the outstanding role she played in the management of his page while he was away in the Big Brother House. Cross released the post few hours ago after leaving the house with pictures of Tessy Isioma and himself.


Tessy Isioma is a renowned Digital Marketing Strategist, Social Media Manager and Professional Page Manager. She commenced the management of Coss's Instagram page with optimism, believing that there was something quite significant and indeed special about the Season 6 Big Brother Naija Housemate who was amongst the top finalists.

Haven commenced management of the page, she told our Reporter that it wasn't just roses and flowers as people assume. She said there were times the road got tough but watching Cross from the screens gave her hope to stand firm and stay strong. Tessy is a certified Google Marketing Strategist. She also has a certification from Google Analytics Academy.


The young and vibrant Tessy Isioma Olotta hails from Ndokwa East Local Government Area in Delta State. She is a graduate of Delta State University (DELSU). Tessy started building a career in Social Media, which she officially kicked off in 2016 with the establishment of Tessy Banks Media, a Social Media Marketing Agency. Her organisation has championed the successful social media promotion of individuals, institutions and also several social media handles including that of Season 6 Big Brother Naija Housemate "Cross".






 

Popular Nigerian-Switzerland based Celebrity Singer Naz-B has recently dropped a single titled "Unknown Gunmen". According to the International Artiste, the song was inspired by an unfortunate situation where a car he bought abroad and sent down to Nigeria for his mother was stolen by gunmen in Anambra State, with his family members stabbed severely.


He described the situation as unfortunate,with emphasis on the spate of violence ravaging eastern region of Nigeria, which is the the home of Igbos. He stressed that these unknown gunmen are sometimes Igbos killing fellow Igbo brothers claiming that these people are unknown gunmen. Naz-B related his true life experience in the song which he titled "Unknown Gunmen". 

He further noted that he was being pushed to ask questions like "If other people hurt us, should we hurt ourselves too"?, "We say we're people of the church and are brilliant but we still harm ourselves, why"?, "Mothers do not deserve to watch their sons who they suffered to raise get injured or die"?, "Fathers should not go out to look for food for their families and also be scared that they won't go back home to them"?, "Children shouldn't have to wake up to the violent cracks of gunshots in the morning"?


However, Naz-B is optimistic that with his new release, the message of the incessant killings, violence and other criminalities in the Eastern region of Nigeria is given basic attention and addressed headlong. The Anambra born, Switzerland based international Artiste has remained deeply worried about the killings of his people in Anambra state and other parts of the Igbo land.

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Dr.Godwin Maduka has considerably permeated the grassroots in Anambra State, with the overwhelming support he has garnered from the 326 wards in the State.


Maduka, last Saturday, concluded his tour to the wards where he did not only solicit for their votes, but assured them of good governance which would improve their lives if elected governor of the State. 


From Okija wards (Ihiala LG) Umuoba Anam wards, ONITSHA North & South wards ( Anambra East) to Ajalli Wards, Umuchukwu ( Orumba North & South,) Nzam Award, Orumbanasa Wards ( Anambra West etc Maduka wined and dined with the locals, assuring them of a better and prosperous Anambra State. 

Most of the visits Maduka undertook with his campaign team was trailed by warm reception, including his visit at the riverine areas where he was received with thunderous ovation.


To reciprocate his visit, Dr. Maduka was presented with gifts, which symbolize their acceptance and endorsement of his aspiration.


The tour to all the wards in Anambra State undertaken by Dr.Maduka signifies a burning passion by the medical Practitioner cum politician, to engage those at the grassroots as a strategic partners in his plans for the development of the State.


Analysts who assessed Maduka's ward tour argue that he is the only governorship candidate that has created a synergy and understanding with those at the grassroots before election day.





The Independent National Electoral Commission (INEC) on Monday said the November 6 governorship election in Anam­bra State remains on course de­spite the rising cases of killings, arson and attacks by unknown gunmen.

With the election just a month away, there has been coordinated attacks and kill­ings in Anambra, while the headquarters of INEC in the state was also razed. However, the electoral commission said the date of the election remains sacrosanct.

On Sunday, the offices of the Department of State Services (DSS) and Federal Road Safety Corps (FRSC) were set ablaze while the country home of Joe Igbokwe, an aide of Governor Babajide Sanwo-Olu, was also set ablaze in Nnewi, Anambra State. Igbokwe accused IPOB of being responsible.

Last week, five police offi­cers were killed in the attack at a divisional police station in Ajali, Orumba North Local Government Area of the state while the convoy of the House of Representatives member rep­resenting Nnewi North, Nnewi South/Ekwusigo Constituency, Chris Azubogu, was also at­tacked by gunmen and one of his drivers shot dead.

The attacks occurred two days after Dr. Chike Akunyili, the husband of the late former Director-General of the Nation­al Agency for Food and Drug Administration and Control (NAFDAC), Prof. Dora Akuny­ili, was killed by gunmen in Anambra.

On September 27, gunmen stormed a political rally of the All Progressives Congress (APC) where they killed a man and wounded several others. They also set ablaze a car be­longing to a leader of Professor Chukwuma Soludo's group, Dr. Nelson Omenugha, at Nnobi in Idemili South Local Govern­ment Area of the state.

When asked if the attacks posed a threat to the governor­ship election, Festus Okoye, Chairman, Information and Voter Education Committee of INEC, said the commission is making serious preparation and will proceed with the exer­cise.

He added that in few days, INEC will deliver non-sensitive materials that will be used for the election.

"As far as the commission is concerned, we are proceeding with the election. We are seri­ously preparing for the exercise. In the next few days, we are go­ing to deliver the non-sensitive materials meant for the election. So, preparation is on top gear on the part of INEC and we are going ahead with the election".

On steps being taken to en­sure the safety of its officials, ad-hoc staff and electoral mate­rials, Okoye said INEC will hold a top-level meeting with the in­ter-agencies elections security committee where the issue of safety during the Anambra governorship election will be discussed.

The Federal Government had, few days ago said it will not allow any separatist group to disrupt the governorship election.

 

A renowned Philanthropist and currently a Governorship Candidate in the forthcoming Anambra Governorship Elections, Dr. Godwin Maduka has received the young family of famous Nigeria Businessman and Investor Dr. Olakunle Churchill and his lovely celebrity Wife, Actress Rosaline Meurer. He received the young couple and their new Baby days ago, at his mansion in Lekki, Lagos State.


During the visit, the young couple were given an overwhelmingly warm reception, especially with the side attractions created by their new Baby. Speaking exclusively with our Correspondent few moments after the visit, Dr. Churchill Olakunle expressed appreciation to Dr. Godwin Maduka for the amazing reception they received.

He also assured him of his support ahead of the forthcoming Governorship Elections in Anambra State. He therefore wished Dr. Maduka victory in the November 6th Polls. On the other hand Dr. Maduka thanked the entire family of famous Nigeria-Africa Investor, Churchill Olakunle for the honour of a visit to his humble abode.


During the visit, the new baby of Dr. Churchill was engaged in several fun-filled conversations with the frontline governorship candidate. At some point Maduka encouraged the couple to have about 10 of such vibrant and beautiful baby. Dr. Maduka also carried the Baby and blessed their Union.


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On Monday the 27th of September 2021, The Board of Directors for WHO is WHO AWARDs Nigeria Conferred the Stand of Fame Award to the Former Governor of Imo State and serving Senator of Imo West, Owele Rochas Okorocha


The International president for WHO is WHO AWARDs Miss Binta Pearl Ojoma stated that the Award was conferred on Rochas due to his Phylantrophy and Leadership qualities.


She said the former Governor and current senator representing Imo West, Imo State, Nigeria has demonstrated that he indeed is a man with a heart of gold and compassion as his persona is made up of his commitment to philanthropy.

“Owelle Rochas Anayo Okorocha has shown remarkable excellence in all sphears of life as one of Nigeria’s multi-billionaire, education philanthropists, politician, an astute businessman, A man who has set his sights on providing free education to 1 million children across the African continent by the year 2030” Ojoma Said.


Pearl Ojoma also stated that Rochas is now the 4th Nigerian to Receive the Stand of Fame Award after Past President Good luck Jonathan, Prince Ned Nwoko, and the AIG Interpol Garba Umar.


In response, the Senator expressed appreciation for the Award and promised to continue helping the Needy not just in Nigeria but across Africa, He categorically stated that he is pleased that WHO is WHO AWARDs as an Organization does not only Award or Celebrate the Elite but also Awards Carpenters, Caterers, Mechanics and other unsung heroes.

"I have always asked God to make me a pipe of blessings unto others, I am only a custodian of God's Wealth and my hands always open . Any time there is a person somewhere critically in need, I have always prayed to God to take resources from my pocket to help such a person because for me that is life" Rochas Said


He went on to dedicate the award to the millions of Children, the Fatherless, motherless, the downtrodden, the forgotten, the rejected and dejected in the society who are stretching their hands for help.

He further stated that he was calling on other individuals who are better placed to toll the part of charity and also assist those who are less privileged because life is about giving.  


Senator Rochas received the award amidst cheers and excitement from members of his staff and friends at his office in Unity House Abuja.




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Over the weekend at the Professor Dora Akunyili Women Development Centre, Awka, Anambra State, there was an epoch-making event and well attended ceremony organized by the United Nations Organisation to mark the 'WORLD PEACE DAY 2021' celebrations. This year's memorable celebrations which was tagged “Recovering Better for an Equitable and Sustainable World” was under the Chairmanship of Chief Dr. Sir Mike O. Okiro (IGP Rtd). 


Dr. Godwin Maduka, the Umuchukwu-born Harvard trained Medical doctor, triple professor of science and also Accord Party candidate in the forthcoming November 6, 2021 Anambra guber polls together with his running mate, Chief Sir Ken Ifeatu Obi were conferred with the Distinguished Ambassadors for World Peace by the United Nations Organization during the event. 

According to the United Nations Organisation, “It is in the spirit of acknowledging good works and in line with our principles of ensuring a peaceful society that we have decided to recognize Dr. Godwin Maduka and Sir Ken Obi for their efforts and good works in partnership with us to ensure a peaceful society. We have decided to recognize them so that they will be encouraged to carry on with their good works”.


In appreciation, both Dr. Maduka and Sir Ken Obi thanked the United Nations Organisation for finding them worthy and deserving of such honour. They assured the Organisation that they will not relent in their efforts in promoting a peaceful and egalitarian society.


Onwurah Chinonso Anthony 

(Equity Lawyer)

Media Aide to Dr. Maduka.

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The intensity or tempo of the Anambra governorship race has continued to rise, with political permutations pointing in favour of the Accord party governorship candidate, Dr.Godwin Maduka.


The forthcoming guber election is different in colouration and dimension because the people of Anambra State seem commiteed to vote based on the capacity of the candidates.


Investigations show that gone are the days such election is solely a race for the ruling party or major opposition party. This time, it's about the quality of the candidates and their antecedents.

Also, the 2021 Anambra guber election has shown that a winner can only emerge through popular votes, that is votes from the masses, particularly those in the grassroots.


And If there is one governorship candidate who has penetrated the grassroots and earned their backing in Anambra State, it is Dr. Godwin Maduka.


Dr. Maduka has taken his campaigns to the grassroots in the State showcasing evidence of what he has done or achieved for his people in Umuchukwu, as a yardstick to prove his preparedness for the top job.

From Nnewi to Ojoto, Maduka has earned accolades and unparallel support from the people. In Aguata, the story is the same as the people showed enthusiasm to Maduka's charm and charisma to govern Anambra State.


His ongoing ward tour where he has engaged in constructive consultations with the local populace, reveals the level of his acceptance among those in rural areas in Anambra State.


Dr.Maduka has earned the enviable record of being the first governorship candidate in Anambra State, to visit the riverine areas in Anambra West, across the River Niger, an area considered a no go area for other candidates who usually shy away from those who live in these areas.

Dr. Maduka did not just visit the area through a speed boat. He also rode on Okada as he spoke to the people on how he will transform their lives if elected governor of the State. 


Dr. Maduka has wined and dined with the grassroots in Anambra State. And because they constitute the voting segment of the Anambra population, this places the Pain Doctor in pole position to emerge victorious in the Anambra governorship election.

Accord governorship candidate, Dr.Godwin Maduka, was the star of a govenorship debate organized by Kwechiri Oganiru,a socio political group, and aired on Arise Tv, for governorship candidates vying for Anambra State guber election.


The event took place at the Dora Akinyuili Women Development Centre, Awka, Anambra State.


Aside reeling out his impressive agenda for the people of the State, his endorsement by fellow contestants at the debate, was the major highlight of the event.

One of the governorship candidates, attested that Maduka is the only governorship candidate among others in the contest, with wide contacts and international connection to develop Anambra State.


During the debate, Maduka unveiled his 10 point agenda for the people of Anambra State, geared towards uplifting the people and guarantee the State economic growth and development.


The debate anchored by respected journalist, Mr.Reuben Abati, provided Maduka, a wider audience to unleash his agenda and plans for Anambra State.

He went memory lane, recalling how he passed through the pangs of poverty before he rose to affluence.


He said having undergone the crucibles of life, he is better equipped among other candidates to change the fortunes of the people of Anambra State.


Amidst thunderous applause who watched the event, Maduka recalled how through the act of philanthropy he impacted positively on the lives of thousands of people of Anambra State, vowing to take it to the next level when elected.

Other candidates who participated in the event include governorship candidate of the Peoples Democratic Party, PDP, Valentine Ozigbo and candidates of ADC, APM and AA, Akachukwu Nwankpo, Geoff Onyejegbu and Chief Ben Etiaba respectively


Analysts who watched the debate gave thumps up to Dr. Maduka, whom they gave a passmark for developing a robust development plan which would benefit the State if he is elected governor.


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