Business
MoneyMaster Launches Upgraded Mobile Banking App
MoneyMaster mobile banking app upgraded with seamless airtime and data purchases, plus bonus rewards for users across Nigeria
MoneyMaster Payment Service Bank has unveiled a refreshed mobile banking app designed to simplify airtime and data purchases while rewarding users for every transaction.
Also read: Jambo Expands to Solana with Tether to Bring Blockchain Mobile Technology to Emerging Markets
Customers purchasing airtime on the Glo network now receive a 100 percent bonus, while data purchases carry a 10 percent bonus.
The updated app also streamlines the purchasing process, with clearer options, fewer steps, and neatly organised data plans categorised as daily, weekly, or monthly.
Lower airtime denominations have been introduced to provide greater flexibility, and app navigation has been made more intuitive, allowing users to complete transactions faster.
Speaking on the upgrade, Head of Business, Tajudeen Omokhide, said the bank aimed to deliver a simple, seamless payment experience that aligns with customer expectations for speed, clarity, and affordability.
He encouraged both existing and new users to download the latest app version.
MoneyMaster, promoted by Globacom and licensed by the Central Bank of Nigeria, offers mobile wallets, savings accounts, individual current accounts, and business banking services.
The platform supports over 4,000 billers, enabling individuals and businesses to manage payments efficiently while accessing essential financial services.
Also read: A Merry & Mobile Season with the New Ecobank Mobile App
Omokhide emphasised that the updates reflect MoneyMaster’s mission to create practical, user-focused solutions for everyday financial needs, reinforcing its position as a flexible, customer-centric banking platform.
Dangote Petroleum Refinery has set its initial public offering price at ₦525 per share, with the company seeking to raise about ₦2.15 trillion as it prepares to enter Nigeria’s public equities market.
The Securities and Exchange Commission has approved the offer for 4.1 billion ordinary shares at ₦525 each. If fully subscribed, the offer would generate approximately ₦2.15 trillion, equivalent to about $1.6 billion at current exchange rates.
The offering is expected to open on 14 September 2026, according to Aliko Dangote, the president of Dangote Industries. The planned sale is positioned to become one of the largest equity offerings in Africa.
The IPO marks a significant step in Dangote Group’s plans to broaden ownership of the refinery and raise additional capital for expansion.
The refinery currently has a stated processing capacity of 650,000 barrels of crude oil per day. Dangote has said the company plans to increase that capacity to 1.4 million barrels per day as part of its longer-term expansion strategy.
The planned share sale follows a $1 billion underwriting programme completed in August, providing additional financial backing ahead of the public offering.
The refinery, located in the Lekki area of Lagos State, is one of Africa’s largest industrial projects and has become an increasingly important player in Nigeria’s fuel supply market since beginning operations.
The public offering will give Nigerian investors an opportunity to acquire shares in the refinery directly, while providing Dangote Petroleum Refinery with fresh capital to support its next phase of growth.
The company has also indicated ambitions to expand beyond its current Nigerian operations, with Dangote recently announcing plans for another refinery project in Kenya.
-
Politics2 years ago
13 Ondo Assembly Members Disown Endorsement of Aiyedatiwa
-
Politics2 years ago
APC Group, Ondo Govt, Quarrel Over Money for Endorsement
-
Trending News5 years agoStop unsavoury, inciting statements – DSS warns
-
Others5 years agoAdron Homes Celebrates 10 Years Of Housing Excellence
-
Humanity5 years agoPresident Buhari Commiserates With Ambassador Maureen Tamuno Over The Loss Of Her Father
-
Others7 years agoEX- CUSTOMS BOSS, IBRAHIM MERA’S DWINDLING FAME
-
Business2 years agoBigi Carbonated Soft Drinks Treats 40 Consumers to an Epic Easter Movie Hangout
-
Business2 years agoWema Bank Shines at Global SME Finance Forum Conference Awards 2024 …Awarded: • SME Financier of the Year (Africa) • Platinum Award for Best Financier for Women Entrepreneurs (Africa)