Business and Brand
Verve International Strengthens Industry Collaboration at Verve Biz Unwind 2026
Verve International, Africa’s leading card scheme and token brand—and a subsidiary of Interswitch Group—successfully hosted the 2026 edition of Verve Biz Unwind at the prestigious Radisson Blu Anchorage Hotel, convening key stakeholders across the financial services ecosystem for high-level industry engagement.
The event brought together issuer banks, fintech innovators, merchants, payment processors, and strategic partners for a curated forum focused on strategic dialogue, ecosystem alignment, and the evolving future of digital payments in Africa. Designed as an intimate yet impact-driven platform, Verve Biz Unwind continues to serve as a catalyst for meaningful conversations shaping the continent’s rapidly transforming payments landscape.
This year’s edition emphasized the importance of strengthening industry collaboration amid significant shifts in digital commerce. With the accelerating adoption of contactless transactions, embedded finance models, open banking frameworks, and real-time payment capabilities, the need for coordinated innovation and resilient infrastructure has become increasingly urgent. Verve Biz Unwind provided stakeholders with a valuable opportunity to exchange insights, address shared challenges, and identify collaborative pathways toward sustainable, long-term growth.
A defining highlight of the event was the official unveiling of Verve Tokenization, a next-generation security solution engineered to enhance transaction integrity, accelerate digital commerce adoption, and future-proof Africa’s payments ecosystem.
A defining highlight of the event was the official unveiling of Verve Tokenization, a next-generation security solution engineered to strengthen transaction integrity, accelerate digital commerce adoption, and future-proof Africa’s payments ecosystem.
Verve Tokenization replaces sensitive cardholder data with secure, device-bound digital tokens, ensuring that every transaction generates a unique cryptogram. By eliminating the need to expose actual card details during transactions, the solution significantly reduces the risk of fraud and data breaches, while enabling seamless and consistent payment experiences across multiple digital channels.
Speaking on this year’s edition, Paul Ohakim, Vice President, Issuing & Acquiring (Africa) at Verve International, underscored the critical role of collaboration in shaping the continent’s payments future. He noted that as digital commerce accelerates, driven by contactless innovations, embedded finance models, open banking frameworks, and rising demand for real-time transactions, no single institution can independently define or sustain the next phase of industry evolution.
He emphasized that Verve Biz Unwind was intentionally designed to foster stronger alignment among traditional financial institutions, fintech innovators, merchants, and payment processors in delivering secure, seamless, and inclusive payment experiences at scale. According to him, strategic partnerships remain fundamental to achieving long-term progress and effectively responding to the evolving needs of consumers and businesses across Africa.
“As digital commerce accelerates, no single institution can shape the future of payments alone,” he said. “Stronger collaboration between banks, fintechs, merchants, and processors is essential to delivering secure, seamless, and inclusive payment experiences across Africa.”
He further noted that tokenization represents far more than a backend technology upgrade; it signals a structural shift in how payments are secured, experienced, and monetized. “By enabling interoperability across wallets, banking apps, e-commerce checkouts, and contactless infrastructure, Verve Tokenization empowers a single Verve card to operate securely across multiple digital environments without compromising user convenience.”
Beyond networking, the event reaffirmed Verve International’s long-standing commitment to deepening ecosystem partnerships and advancing collective progress across the payments value chain. Through structured engagements and forward-looking discussions, participants aligned on a shared roadmap focused on elevating security standards, strengthening interoperability, and delivering customer-centric payment solutions at scale.
As Africa’s digital economy continues to expand and consumer expectations evolve toward faster, safer, and more intuitive experiences, Verve International remains steadfast in its mission to modernize the continent’s payment infrastructure securely, intelligently, and collaboratively, while enabling partners to unlock sustainable growth and long-term value.
Business and Brand
Interswitch Welcomes Largest-Ever Developer Academy Cohort, Strengthening Africa’s Tech Talent Pipeline
Interswitch, one of Africa’s leading integrated payments and digital commerce companies, has announced the induction of the third and largest cohort of developer interns into its Developer Academy, reinforcing its long-standing commitment to building world-class technology talent and strengthening Africa’s digital ecosystem. Selected from a pool of over 20,000 applications, the new cohort emerged through a rigorous multi-stage process involving technical assessments, and interviews. Their induction into the Developer Academy highlights both the scale of interest in software engineering opportunities in Nigeria and Interswitch’s role in nurturing the next generation of highly skilled technology professionals. The 9-month programme brings together talents across key engineering tracks, including Backend Development, DevOps, Mobile Development, Frontend Engineering, and Quality Assurance. Designed as an intensive and structured learning experience, the Developer Academy combines theoretical instruction with real-world application, equipping participants with the skills required to thrive in an increasingly global and competitive technology landscape. Commenting on the initiative, Mitchell Elegbe, Founder and Group Chief Executive Officer, Interswitch, emphasised the importance of taking a long-term, ecosystem-driven approach to talent development.“At Interswitch, we have always believed in the capacity to see beyond the immediate challenges and focus on long-term impact. While the migration of skilled talent remains a reality, our approach is to actively shape the outcomes by building a strong and sustainable pipeline of technology professionals. We are therefore committed to equipping individuals with the capabilities to contribute meaningfully to the broader technology ecosystem, locally and globally, not just for our own needs at Interswitch. In doing so, we are not only strengthening the industry but also reinforcing Nigeria’s position as a source of globally competitive engineering talent,” Elegbe said. Beyond its immediate training objectives, the Interswitch’s Developer Academy is anchored on a broader strategic vision, one that addresses the ongoing migration of skilled talent from Nigeria and other developing economies. As global demand for software engineers continues to rise, many highly skilled professionals are increasingly recruited by international organisations. Interswitch’s approach reframes this trend, positioning talent development both as a means of local capacity building and as an opportunity to strengthen Nigeria’s reputation as a global hub for technology expertise. Also commenting, Franklin Ali, Group Chief Human Resources Officer, Interswitch, highlighted the broader impact of the programme. He stated:“The Developer Academy reflects our long-term commitment to building talent at scale. We are equipping these young professionals not just with technical skills, but with the mindset, discipline, and adaptability required to thrive in diverse environments. Whether they build their careers within Interswitch, contribute to the local ecosystem, or explore global opportunities, they represent the strength and potential of Nigerian talent and carry forward the standard of excellence we are committed to building.” Drawing parallels with the evolution of Nigeria’s entertainment industry, where local talent has successfully achieved global recognition, Interswitch envisions a similar trajectory for the technology sector, one in which Nigerian developers are not only participants in the global digital economy but key contributors shaping its future. The Developer Academy also plays a critical role in addressing local industry needs. As fintechs, banks, and startups continue to scale, the demand for highly skilled engineers remains significant. By consistently developing and releasing new cohorts of trained professionals into the ecosystem, Interswitch is contributing to a more resilient talent pipeline and supporting sustained innovation across the sector. During the 9-month programme, participants will benefit from mentorship by experienced professionals, exposure to enterprise-grade systems, and the development of workplace readiness skills essential for today’s dynamic work environment. At the end of the programme, top-performing interns may be offered full-time roles within Interswitch, while others are well-positioned to pursue opportunities across the broader technology landscape. Further demonstrating its commitment to talent development at scale, Interswitch has also invested in dedicated learning infrastructure, including the opening of a new facility in Victoria Island, Lagos, designed to serve as a specialised hub for the Developer Academy and other training initiatives. This move signals a deliberate effort to institutionalise talent development and expand capacity for future cohorts. The continued expansion of the Developer Academy reflects Interswitch’s long-term vision of building a sustainable pipeline of globally competitive talent, positioning Nigeria, and Africa at large, as a leading source of innovation and technical expertise in the global digital economy.
Business and Brand
NESCAFÉ Launches “Next Level Promo” to Reward and Empower Consumers
NESCAFÉ, Nigeria’s leading coffee brand, is pleased to announce the launch of its nationwide Next Level Promo, running from April to June 2026. The campaign offers consumers over ₦80 million in cash and meaningful prizes that support entrepreneurial growth.During the campaign, consumers stand a chance to win cash, airtime, laptops, professional cameras, makeup kits, sewing machines, and access to exclusive masterclasses.Participation is simple: purchase any NESCAFÉ Original 3-in-1 promo pack from a participating store. Each pack contains a unique code. Dial *7022# and follow the prompts to enter your code for a chance to win.Winners will be selected through bi-weekly and monthly draws, giving multiple opportunities to win throughout the campaign period.Speaking on the launch, Jean Pierre Duplan, Category Manager, NESCAFÉ, said: “NESCAFÉ is deeply connected to the Nigerian hustle and the resilience it represents. We understand the discipline it takes to show up every day and keep pushing forward. The Next Level Promo is how we bring this understanding to life, helping you make your world while rewarding your everyday effort’’NESCAFÉ is more than a coffee brand; it is a daily companion that fuels focus, energy, and ambition for millions of Nigerians. Through this initiative, the brand continues to celebrate the everyday commitment consumers show in pursuing their goals.The prize pool reflects NESCAFÉ’s commitment to delivering real value, with rewards designed to support different aspects of consumers’ lives, from essential tools and learning opportunities to financial prizes that can make a meaningful difference.The Next Level Promo runs until June 2026. Consumers are encouraged to look out for NESCAFÉ promo packs nationwide and participate for a chance to win while enjoying their favorite coffeeAbout Nestlé NigeriaNestlé Nigeria is a leading food and beverage company committed to unlocking the power of food to enhance quality of life for everyone today and for future generations. With a wide range of products, including popular brands such as NESTLÉ PURELIFE, GOLDEN MORN, MILO, MAGGI and NESCAFÉ, Nestlé Nigeria is dedicated to providing nutritious and delicious food and beverages to consumers across Nigeria.
Business and Brand
Plateau Grocery Seller Wins ₦5 Million as Golden Morn Golden Hunt Rewards Nigerians
A small-scale grocery seller from Plateau State, Ejiofor Akujieze, has emerged the grand prize winner of ₦5 million in the Golden Morn Golden Hunt, a nationwide consumer campaign by Nestlé Nigeria that rewarded Nigerians with a total of ₦80 million in cash and prizes.Akujieze, who expressed surprise at his win, described the moment as life-changing. “It came as a shock to me. I won ₦5 million, and it will go a long way. I am very grateful,” he said, noting that the prize will support the expansion of his grocery business.The Golden Morn Golden Hunt, which commenced in January 2026, recorded strong participation from consumers across the country, with over 200,000 entries received. Designed around Golden Morn’s smaller, affordable pack sizes to encourage wider participation, the campaign made it easier for more Nigerians to take part. At the end of seven draws, a total of 16,324 winners emerged, receiving cash prizes ranging from ₦10,000 to ₦1 million, alongside airtime rewards and exciting items such as washing machines, MacBooks, iPhones, and 55-inch televisions, in addition to the grand prize.Speaking on the campaign, Omofasa Orhiunu, Category Manager, Healthy Cereals at Nestlé Nigeria, said the initiative was designed to connect more closely with consumers while giving them an opportunity to experience the brand.“Golden Morn has been part of everyday life for Nigerian families, and with the Golden Hunt, we wanted more people to experience that,” he said. “It gave both our loyal consumers and new ones the opportunity to enjoy a nourishing product that fits into their daily routines, while also being rewarded in a simple and accessible way.”Also speaking, Wassim Elhusseini, Managing Director and Chief Executive Officer of Nestlé Nigeria Plc, said the campaign reflects the company’s commitment to creating value for consumers beyond its products.“For over 40 years, Golden Morn has been nourishing Nigerian families and earning their trust,” he said. “The Golden Hunt was our way of recognising that trust and giving back in a way that is meaningful and inclusive. What has been most inspiring are the real stories behind the wins, how this has made a difference in people’s lives. That is what truly matters to us.”Golden Morn, a cherished homegrown brand, continues to provide wholesome nourishment made from carefully selected grains. It is enriched through its Grain Smart blend, which combines essential vitamins and minerals to support energy and overall wellbeing for individuals and families.Through initiatives like the Golden Hunt, Nestlé Nigeria continues to strengthen its connection with consumers while delivering on its commitment to providing accessible, nutritious food and supporting thriving communities across the country.
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