Brands/Products
Kwik Expands Delivery Services to Ibadan
By Adedapo Adesanya
Kwik has officially launched its innovative and award-winning just-in-time delivery services to merchants, entrepreneurs, businesses, government agencies, and social vendors in Ibadan and promises delivery in under 60 minutes.
Dubbed Africa’s largest village, Ibadan is one of the fastest-growing urban areas in Nigeria and a key commercial city that is seeing increased businesses as most companies find new markets away from Lagos.
One of the downsides to this rapid development is the increasing difficulties in moving goods around the city and Kwik aims to play a significant role in solving this problem by delivering parcels from businesses to customers in under 60 minutes.
This was disclosed by the company’s founder and chief executive officer (CEO), Mr Romain Poirot-Lellig, who explained that Kwik aims to feature over 500 partner vehicles located in Ibadan on its platform in the next 12 months.
“The Lagos-Ibadan corridor is fast becoming the most dynamic industrial and commercial hub of West Africa thanks to improving infrastructure, unparalleled market depth, and attractive local government policies.
“Kwik’s role is to ensure that all the moving parts can circulate effectively,” he explained.
In addition to its award-winning delivery service, Kwik is also making available in Ibadan its KwikStore feature, an innovative, free-to-use online storefront tool that helps merchants automate their online sales and manage their inventory.
Kwik also noted that setting up an online store now takes 5 minutes.
Adding her input, Yinka Olayanju, Kwik’s Chief Operations Officer said, “E-commerce activities in Nigeria have continued to grow at a steady pace since 2015. More than 80 per cent of Nigerians prefer to shop online from the comfort of their homes and have these products delivered to their doorsteps.
“With its isothermal bags, Kwik will ensure that all kinds of products arrive in mint condition.”
She added that “This rising trend in online activities has led to a steep increase in public spending as well as all-round economic growth, both of which require logistics support of the kind that Kwik Delivery is best-equipped to provide”.
Launched in 2019, Kwik has continued to evolve with new innovations, providing digital and logistics solutions to African B2B merchants and e-commerce social vendors in the fields of delivery, fulfilment, and payment.
The Kwik platform is currently open to merchants and businesses operating all over Nigeria, with last-mile delivery available in Lagos State, Ogun State, Abuja FCT, and now Ibadan city of Oyo State.
By Modupe Gbadeyanka
To make finding the right service provider or reaching the right customer seamless, popular local information portal, Connect Nigeria, has introduced a Quote Request platform.
Connect Nigeria described the new system as “a digital solution designed to make connecting with service providers faster, easier, and more reliable.”
It said the Quote Request was built for consumers who need services quickly and want trusted options without the stress of searching endlessly; and service providers and businesses looking for real, high-intent customers without spending heavily on marketing.
“Whether you need a caterer for an event, a plumber for your home, or a designer for your brand, the platform is designed to connect you with the right people,” Connect Nigeria added.
“By connecting demand directly with supply, the platform creates a more structured and dependable marketplace,” it further stated.
At its core, the Quote Request simplifies the entire process of finding and offering services.
To use the service, users have to submit a request describing the service or product needed, which is then sent to verified vendors on the platform. Interested providers respond within 1–2 days, and users compare offers and choose what works best for their needs and budget.
“Instead of searching for vendors, the vendors come to you, with relevant, tailored responses,” Connect Nigeria explained.
The company expects this new platform to eliminate the stress of endless online searches, delayed or vague responses, and uncertainty about service quality.
As for businesses, it solves poor visibility, inconsistent customer flow, and lost opportunities due to slow response times.
Connect Nigeria Quote Request mobile app is now available on the Google Play Store and Apple App Store.
By Aduragbemi Omiyale
An institutional investor, First Ally Capital, has strengthened a leading Nigerian financial technology company, Mathesis Analytics, to scale its proprietary credit decisioning infrastructure.
It made this possible by injecting fresh capital into the firm, which specialises in AI-powered credit decisioning infrastructure, an action that will directly support the growth and scaling of Mathesis’ core mission of providing the intelligence and infrastructure needed to bridge the credit gap for millions of unscored or underscored individuals across Nigeria.
With this investment, Mathesis will enable financial institutions to confidently assess and extend credit to borrowers who lack a formal credit history by leveraging an expanded pool of alternative behavioural and transactional data.
To date, Mathesis’ systems have supported more than 8 million loans for over 2 million unique borrowers in Nigeria, and the company is actively deploying its infrastructure to establish a growing pan-African footprint.
With the investment from First Ally Capital, Mathesis is well positioned to transform how the credit ecosystem operates, driving financial inclusion in partnership with lenders across the continent.
A significant barrier to credit access in Nigeria, which prides itself on being Africa’s largest economy, is data fragmentation. Borrowers frequently build positive financial behaviours across multiple digital platforms by repaying microfinance loans, saving through fintech wallets, or servicing Buy Now, Pay Later (BNPL) facilities.
However, under traditional credit infrastructure, these achievements remain invisible to new lenders.
Mathesis addresses this challenge through the concept of Personal Equity—the quantified expression of an individual’s financial behaviour aggregated across every institution with which they have transacted.
By translating these disparate signals into a precise, portable measure of creditworthiness, Mathesis creates a comprehensive credit identity that reflects the full breadth of a person’s financial life.
“True financial inclusion cannot be achieved in a vacuum; it requires structural collaboration in which lenders and fintech companies work as partners within the ecosystem.
“This investment from First Ally Capital validates our approach to reshaping credit infrastructure. By quantifying Personal Equity, we empower lenders to safely look beyond the constraints of formal credit histories and recognise a borrower’s true creditworthiness. This capital enables us to accelerate our pan-African expansion while maintaining the robust, institutional-grade infrastructure our partners rely on,” the chief executive of Mathesis Analytics, Winston Osuchukwu, stated.
On his part, the chief executive of First Ally Capital, Mr Ebenezer Olufowose, said, “At First Ally Capital, we pride ourselves on being a one-stop destination for financial solutions, offering a diverse portfolio of services ranging from investment banking and asset management to trusteeship, inclusive banking, and real estate.
“Our investment in Mathesis Analytics reflects our strong belief in the company’s vision and our commitment to supporting forward-thinking enterprises that deliver excellence.”
By Aduragbemi Omiyale
The chief executive of Canal+ Africa, Mr David Mignot, has disclosed that MultiChoice is now fully integrated into the media group.
Mr Mignot disclosed this via a statement issued on Thursday, noting that this development marks a new phase in the evolution of one of Africa’s leading pay television operators.
He noted that the integration positions MultiChoice within a global media organisation with an extensive international footprint.
“MultiChoice is now a full subsidiary of a truly international media group operating in 70 countries. The group was founded in France, is listed in London and Johannesburg, and has a strong African presence with operations in more than 45 countries,” Mr Mignot said.
The statement underscores the scale of the combined business, highlighting Canal+’s global reach alongside its significant investments across Africa.
The completion of the transaction is expected to strengthen MultiChoice’s position in the African media and entertainment market by giving it access to the broader resources, expertise and international capabilities of the Canal+ Group, while reinforcing the group’s commitment to the continent.
MultiChoice operates across sub-Saharan Africa through platforms including DStv and GOtv, serving millions of subscribers with entertainment, sports and news content.
