The Executive Chairman of Nasarawa State Internal Revenue Service, Ahmed Muhammad, has said that cash payment is no longer acceptable in the state’s revenue collection.

SystemSpecs, providers of Remita, and Paga, a mobile money service provider in the country, have partnered to extend the frontiers of electronic payments in Nigeria. This comes as Nigerians practice social distance, stay at home and remain safe in the face the COVID-19 pandemic. In a statement by the organizations, the first phase of the…

As it is happening in the health sector, the information and communications technology (ICT) arm of the economy is equally experiencing exodus of exceptionally brilliant indigenous skills to other countries. These countries are now said to be selling the same skills back to Nigeria at exorbitant rates, resulting in attendant capital flight.   Although no…

The Federal Government yesterday said Remita, a SystemSpecs Limited’s financial solutions provider, was selected as gateway technology for the Treasury Single Account (TSA) after series of deliberations at various stages. Director of Finance, Ministry of Foreign Affairs, Salawu Zubairu, stated this during a training session for a delegation from the Gambia, chaired by Director of…

The implementation of the Treasury Single Account policy in Nigeria dates back to 2012, when former president Goodluck Jonathan’s administration...

The Committee of e-Business Industry Heads (CeBIH), has sought the support of financial technology firm and owner of Remita, SystemSpecs, to foster collaborations that will stimulate innovation in the industry.

In a highly innovative financial services sector, the cooperation between perceived competitors will continue to be a huge driver of profitability, efficiency and sustainability.

Since its full implementation in 2015, the Treasury Single Account (TSA) remains one of the current administration’s greatest accomplishments which the leading figures in this government do not fail to boast about at every opportunity they get. Truly, without meaning to take away from the feat TSA represents in a country like ours, it is…

Customers of Abuja Electricity Distribution Company, AEDC, in the Federal Capital Territory, Niger, Kogi and Nassarawa States can now buy their power tokens using Remita. This disclosure was made to ensure that customers of the power firm enjoy improved and convenient payment options for the electricity they consume. It is also in line with AEDC’s…

To guarantee reliable and uninterrupted internet connection for its subscribers, Swift Networks, providers of state-of-the-art broadband internet service, has introduced Remita as a convenient and more efficient payment option which would enable its customers to easily top up their data, at any time of the day and from anywhere, using their most preferred payment channel.

The Managing Director, SystemSpecs, John Obaro, at the launch of the solution in Lagos at the weekend, disclosed that collaboration is already being worked out with banks to deliver efficient services to customers.

The award was in recognition of Remita’s continued leadership and innovation of the financial technology space through the facilitation of secure and seamless financial transactions.