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KMC-Kayi Microfinance Bank Opens Headquarters In Kano

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KMC-Kayi Microfinance Bank Opens Headquarters In Kano

 

By Admin October 6, Oct 6, 2023

 

The chairman of Kano-based Kayi Microfinance Bank, Alhaji Sa’adina Dantata, has said the bank’s newly launched mobile banking application, Kayi App, will revolutionize banking in the state and beyond.

Dantata stated this at the launch of the bank’s headquarters in Kano, on Thursday.

 

Nigerian courier reports that the App, which the bank described as a “super app”, is the first of its kind in the state, which is the commercial hub of Northern Nigeria.

 

Sa’adina Dantata said he decided to invest in the bank to give small-scale business owners a chance to key into the modern banking system.

 

According to him, the services of the app would give small-scale enterprises the ability to make transactions without physical currency.

 

“We want to see a change where a commercial tricycle operator would receive fare from passengers via this app without using physical cash.

 

“We want to see a woman frying akara or yam at the roadside, making transactions without app. The developers have tried to make it super user-friendly,” he said.

 

Dantata further stated that the bank had provided employment opportunities to teeming youth, not only in Kano, but the entire Northern region.

 

He further said the bank had so far employed one person from each ward in four states of Northern Nigeria, adding that plans are underway to expand the employment to cover Nigeria and expand across Africa.

 

The app contains packages targeting diaspora and cross-border payment, the Product Lead of KMC Microfinance Bank, Abdulganiyyu Rufai, has said.

 

He said that is “why we have a multiple currency swap within the single app. We did not even stop at that, we also have a digital currency still on the same app.”

 

Mr Rufai said the app was developed with user-friendly features that would ease transactions for customers, adding that it was built on futuristic technology.

 

He said the aim of the app was to give millions of small and medium business operators a chance to access digital banking without technical difficulty.

 

The app, he said, was built on Internet 2.5 which is above the commonly used Internet services.

 

“As you can see, first of all we have a physical branch where people can go and engage in a traditional mode of banking and then we have a customer support center here.

 

“Of course, for those who are willing to maintain the status quo, however, we come up with a cutting-edge technology that will support urban professionals and all other people willing to serve people. What we have is not just another app it is a super app nice and quite different from what is obtainable within Nigeria., it is an app that is built on futuristic technology,” the bank official said.

 

The official said the bank is targeting the “unbanked and under-banked populace of Nigeria. That is why the technology can be operated even in hard-reached communities.”

 

Launching the APP, the Emir of Kano Alhaji Aminu Ado Bayero lauded the owners of the outfit, adding that the device would enhance the growth and development of the economy of Kano State in particular and Nigeria in general.

 

He said Kano being the nation’s centre of commerce deserved more of such facilities as the KMC-KAYI APP that would support small businesses and other services.

 

He said the APP would help in overcoming the current financial inclusion challenges in society by creating viable channels “through which the unbanked could be financially engaged.”

 

He implored members of the Kano business community to seize the opportunity and patronize the APP in their business and trading undertakings.

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New Kano revenue boss pledges open drive

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The newly appointed executive chairman, Kano State Internal Revenue Service (KIRS) Alhaji Bashir Maitama, has pledged to strengthen revenue generation through transparency, accountability, teamwork and innovation.

This is contained in a statement issued by the Head, Corporate Communications of KIRS, Aisha Maigiwa, on Tuesday in Kano.

The statement said the new chairman formally assumed office on Monday, July 20, 2026, following a handover ceremony from the Acting Executive Chairman, Mallam Muhammad Abba Aliyu.

Welcoming Maitama, Aliyu, who is also the Executive Director, Compliance and Enforcement Group, prayed for God’s guidance and wisdom for the new chairman.

He urged members of staff to give the new leadership maximum support and cooperation towards sustaining the growth of internally generated revenue in the state.

In his inaugural remarks, Maitama expressed gratitude to Almighty God for the opportunity to lead the agency, describing his assumption of office as a historic moment.

He appreciated Gov. Abba Kabir Yusuf for finding him worthy of the appointment, assuring the governor and people of Kano State of his commitment to delivering on the mandate entrusted to him.

The chairman said he was delighted to join a team of professionals who had contributed immensely to the progress of the Service.

He commended his predecessor for his efforts in strengthening KIRS, saying history would recognise his contributions to the development of the agency.

Maitama also appreciated the Service’s technical partner, Manam Professional Services, for its support towards the transformation of KIRS.

He described his appointment as a collective responsibility and called on management and staff to work together to achieve the objectives of the Service.

The new chairman assured workers of an open, transparent and inclusive leadership style anchored on accountability, teamwork and innovation.

He identified achieving revenue targets, expanding the tax net and deepening the state’s tax base as key priorities of his administration.

Maitama expressed confidence that the targets set for KIRS were achievable, urging staff to embrace creative ideas and innovative solutions in carrying out their responsibilities.

He added that his office would remain open to constructive suggestions and meaningful contributions from staff.

Also speaking, the Executive Director, Revenue Operations Group, Mallam Kassim Ismail, expressed confidence in Maitama’s ability to lead the Service to greater heights.

He pledged the support of his directorate towards achieving the mandate of KIRS.

The event ended with the formal handover of leadership from the Acting Executive Chairman to the newly appointed Executive Chairman.

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KIRS Commissions Compliance Office, Sets N68 Billion Revenue Target

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The Kano State Internal Revenue Service (KIRS) on Tuesday commissioned a new Compliance and Enforcement Office as part of efforts to strengthen tax administration and boost internally generated revenue across the state.

Speaking at the inauguration ceremony in Kano, KIRS Executive Chairman, Dr. Zaid Abubakar, said the office marked a major milestone in the ongoing reforms within the agency.

Dr. Abubakar disclosed that the service initially set a revenue target of N35 billion for the year but has now raised expectations for the compliance and enforcement department to deliver as much as N68 billion.

He said the newly commissioned office would provide staff with a conducive working environment to enhance efficiency and productivity.

“This office is a key component of our service. Previously, the compliance and enforcement team operated from a container facility, but today they now have a befitting environment to work effectively,” he said.

The chairman commended Kano State Governor, Abba Kabir Yusuf, for supporting the agency’s reforms and modernization efforts.

“We thank Governor Yusuf for all the political support given to the service. We are also grateful to our technical partners whose contributions have been commendable,” he added.

Dr. Abubakar highlighted a series of infrastructural and technological upgrades by the agency, including the commissioning of the Gyadi-Gyadi Tax Centre and a new call centre to improve taxpayer engagement and service delivery.

He further announced that another tax office in Nassarawa would be commissioned within two weeks to oversee municipal tax operations in the area.

The chairman also noted improvements in operational equipment and digital infrastructure.

He revealed that before the current administration, the agency had only 60 computers, but this number has now increased to over 300.

“We are providing all the necessary equipment for effective service delivery. I urge every staff member to take their responsibilities seriously,” he said.

Dr. Abubakar added that the state government was considering improved welfare packages for revenue service staff, including plans to remove staff remuneration from the mainstream civil service structure and align it with better-performing agencies in states such as Lagos.

“The state governor is committed to improving the welfare package of workers so it can match what is obtainable in states like Lagos,” he said.

Also speaking at the event, Director of Revenue Compliance, Muhammad Abba Aliyu, described the commissioning as a major opportunity for staff. He urged workers to adopt a renewed attitude toward their duties and maximise the benefits of the improved working environment.

“This is a golden opportunity for the compliance and enforcement staff. I urge all members to change their attitude from today and double their efforts,” he said.

A representative of Mannan Professional Services, the agency’s technical partners, expressed appreciation for being part of the initiative and voiced confidence that the compliance team would utilise the facility effectively.

In his remarks, Kano State Commissioner of Finance, Dr. Aliyu Danmaraya, represented by Permanent Secretary Amina Yusuf Yargaya, commended the revenue service for its efforts to improve tax compliance and promote state development.

He noted that effective revenue generation remains a key strategy for sustainable economic growth and infrastructure development in Kano State.

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NEPC, KACCIMA trains SMEs, MSMEs in Kano to boost export readiness  

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The Nigeria Export Promotion Council (NEPC) says it is committed to building the capacity of Small and Medium Enterprises (SMEs) and Micro, Small and Medium Enterprises (MSMEs) to make them export-ready.

Hajiya Amina Abdulmalik, North West Regional Coordinator NEPC, stated this on Thursday in Kano at the Export Competency Development Workshop for SMEs and MSMEs.

She said the workshop was designed to prepare exporters with the knowledge and skills required to take their produce beyond the shores of Nigeria.

“The essence of organizing this workshop is to prepare our exporters, build their capacity, and make them ready to export. By the end of this workshop, I want to see more than half of the participants export-ready,” Abdulmalik said.

She explained that once exporters are able to formally export their products, Nigeria’s trade volume would increase, thereby contributing positively to the nation’s Gross Domestic Product (GDP).

According to her, support for exporters depends on the type of product being exported, stressing that working in clusters makes retention and assistance easier.

“A common center, perhaps with machinery, can help them process their products. It is not feasible to provide individual support, except through the Export Expansion Grant (EEG),” she said.

She added that exporters must formally export their products, repatriate proceeds, and maintain proper accounts to benefit from the EEG, which serves as a financial incentive.

Abdulmalik noted that NEPC had also provided certificates such as the Mandatory Development Certificate (MDE) and the Hazard Analysis and Critical Control Point (HACCP) certificate to participants, especially women.

“These certificates are essential for exporting to Europe and the United States. Without them, individuals would face significant costs, but through our support, many have been able to obtain them,” she said.

Earlier, Alhaji Nura Habib, Vice President of KACCIMA, said this at the Export Competency Development Workshop in Kano, describing the programme as an opportunity to reposition enterprises and compete beyond Nigeria’s borders.

He noted that access to markets begins with access to knowledge, stressing that the workshop would provide insights into procedures, standards, documentation and international expectations.

Habib commended the Nigerian Export Promotion Council (NEPC) for its dedication to promoting non-oil exports and pledged KACCIMA’s support in expanding Nigeria’s export base.

Speaking also, the Director-General of KACCIMA, Alhaji Tijani Abdullahi, said the workshop was designed to enlighten entrepreneurs on formal export processes and regulations.

“We organized this workshop to guide them on the procedures and rules required for effective export business,” he said, adding that many agribusiness operators in Kano were now conducting exports properly.

Sarki explained that KACCIMA provides information on goods required for export, registration processes and compliance with rules and regulations, noting that the initiative had already yielded positive results.

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