The gathering brought together the top 50 of Simba’s channel partners from across the country, underscoring the strong bonds that have defined the journey of Simba and Luminous in Nigeria.

The event was met with resounding success, as channel partners and industry stakeholders welcomed the new products with enthusiasm. Attendees highlighted Luminous’s pioneering role in shaping Nigeria’s inverter industry, alongside Simba Group’s unmatched strength in nationwide distribution and after-sales service infrastructure, as the foundation on which this next chapter is being built.

Speaking at the launch, Mr. Vinay Grover, group managing director of Simba Group in Nigeria, emphasized the changing energy needs of Nigerian households and businesses: “Nigerians need power solutions that are not just reliable, but also intelligent – capable of supporting modern lifestyles, from home offices to family entertainment. Our new lithium and inverter systems are designed precisely for this. They represent a smarter investment in uninterrupted living and peace of mind.”

Simba Group executives also underlined how solar and lithium technologies are reshaping the global energy landscape and opening new opportunities in Nigeria for energy independence, reliability, and cost efficiency.

The newly launched products reflect Luminous’s continued focus on innovation and tailoring solutions for regional requirements, while leveraging Simba’s longstanding reputation for trust, reach, and dependable service. Together, the companies reaffirm their commitment to delivering sustainable, high-quality, and future-ready energy solutions for Nigerian homes and businesses.

Simba Group is a leading Nigerian conglomerate with interests across diverse sectors, including mobility, power, communications, and customer experience.

With a commitment to innovation, service, and trust, Simba has built a reputation for bringing world-class products and solutions to the Nigerian market. Luminous Power Technologies is a global leader in power backup, storage, and solar solutions.

With a strong focus on innovation and sustainability, the company delivers cutting-edge products – from inverters and batteries to solar applications – that meet the evolving energy needs of millions of homes and businesses across emerging and developed markets.

The post Luminous Redefines Power with Advanced Lithium, Solar Systems  appeared first on Tech | Business | Economy.

The statement was made during the 2023 International Women’s Day celebration organized by Access Bank, recently in Lagos.

It would be recalled that the Simba Group initiated its collaboration with the Ministry in 2020.

It has since supported and encouraged the company’s efforts to enhance opportunities for underrepresented women to participate in the Nigerian commercial transport industry.

It has since received the Ministry’s Product Recognition Award “in recognition of the laudable initiatives to improve the wellbeing and livelihood of Nigerian Women and Vulnerable Groups”.

The Minister praised the company for its efforts in supporting women via the program, noting that they are in line with the government’s vision of empowering women across the country.

The Queen Riders Program provides training to women on vehicle riding and repairs, mentorship, and access to financing.

The program, which is built on four pillars of Opportunity, Development, Empowerment, and Independence, has successfully enriched the lives and livelihoods of hundreds of women across different parts of the country.

Simba Group Managing Director, Chief Vinay Grover, expressed gratitude for the Minister’s recognition and promised to continue to do more to support women’s empowerment, gender equity, and financial freedom.

In a statement released by the company, he said: “We are honoured to have received such positive feedback from the Hon. Minister. The Queen Riders program was established to support and empower under-represented women and we are grateful to the Minister and the Ministry of Women’s Affairs for its guidance and encouragement. Furthermore, we understand the role the private sector plays in empowering women and will continue to drive forward these important initiatives.”

The post FG Commends Simba TVS for ‘Queen Rider’ Women’s Empowerment Initiatives appeared first on Tech | Business | Economy.

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Tingg, Cellulant’s acclaimed payment platform has been recognized as the ‘Merchants Payment Company of the Year 2022’, award at the BAFI Awards.

The recognition was bestowed at the 10th BusinessDay Banks and other Financial Institutions (BAFI) awards event, which was held in November in Lagos, Nigeria.

The BAFI Awards is backed by BusinessDay’s Research and Intelligence Unit through its extensive vetting process which monitors, evaluates, and recognises the achievements of players in the financial services industry in several categories that cut across banking, insurance, fintech and other financial services.

Over the past year, Cellulant Nigeria has experienced outstanding adoption of its products and services. There are more than 400 businesses and outlets using Tingg By Cellulant’s solution across Nigeria. As more and more businesses assess their payment needs, the numbers are expected to increase in the upcoming years.

Commenting on the award, Ademola Okuleye, the Head of SME Sales at Cellulant Nigeria, said: “As an enabler of economic growth and prosperity, this award is due recognition of our industry leadership across Africa, and is a testament to the growth of, Tingg.  This is a direct reflection of the growth our solutions have enabled for our merchant partners through the seamless integration of our payment ecosystem. A growing number of merchants in Nigeria use our payment platform. Businesses we serve include Eat n Go; which is the parent company of Domino’s, Cold Stone, and Pinkberry, GIG Logistics, Chicken Republic, Perfect Trust Cosmetics, Simba Group, United Parcel Service (UPS), Magrellos and PepsiCo; among others. Our products distinguish themselves from our competitors because they suit the demands of retailers who want our off-the-shelf products and those who need us to customize them to meet their needs. ”

“We thank BusinessDay and the BAFI team for this recognition of our commitment to expanding the Fintech space with innovative payment solutions. This recognition is dedicated to all our partners – staff, vendors, merchants, and customers alike who have made our platform, the payment solution choice of Africa,” he concluded.

Cellulant offers a unique set of capabilities to serve as the one-stop payment platform for companies all over Nigeria.

Its Tingg payments platform is equipped with the tools and competencies to address the problems associated with the key use cases of collections and payouts.

In 2021, Cellulant processed approximately 214 million transactions totalling $12.3 billion across 35 African markets.

The post Tingg by Cellulant named Merchants Payment Company of the Year 2022 appeared first on Tech | Business | Economy.