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Three Teams Emerge Winners In HabariPay’s Take-On-Squad Hackathon 1.0 For University Undergraduates

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After days of intense collaboration, innovation, and problem-solving, three teams – Team Within, Team X, and Team Storepoint – emerged winners in the inaugural Take-on-Squad Hackathon 1.0 coding event held at the state-of-the-art GTCO Training Complex, Tayo’s Plaza, Abeokuta, Ogun State, from January 18th to 20th, 2024.

Team Storepoint, represented by Haruna Faruk and Ladipo Samuel from the University of Lagos, secured third position and a prize of N1 million. Their winning solution, Storepoint, facilitates quick access to an online marketplace for local shops and small businesses within 5 minutes, using Squad’s API to streamline the payment process. Team X, consisting of Muktar Jimoh Yusuf, Rasheed Taiwo Mudasiru, and Mukhtar Abdulfatai from the Federal University of Technology, Minna, claimed the second prize, earning a prize of N1.5 million. Their solution leverages advanced AI and machine learning algorithms to revolutionise bundled payments. The coveted first place was awarded to Team Within, comprising Inuoluwadunsimi Daniel Ola-oladeinde, Atayero Ayomide Samuel, and Hamzat Victor Oluwabori, students of Obafemi Awolowo University. They received a prize of N2.5 million for their innovative solution focused on streamlining school departmental payments and contributions.

Each team was selected based on the following criteria: real-world applicability, technical creativity, user experience, and teamwork. Eduofon Japhet, the Managing Director of HabariPay Ltd, expressed her delight with the calibre of solutions showcased during the event. She remarked, “The level of innovation demonstrated by each team is truly impressive, and we eagerly anticipate witnessing these solutions materialise in the future.”

In recognition of their outstanding achievements, Team Within, Team X, and Team Storepoint, along with other standout talents from the hackathon, will be enrolled in the Squad Hackademy – an initiative aimed to empower the participants with comprehensive learning resources, mentorship, and unparalleled job opportunities, fostering a community of innovation and excellence.

 

  • About HabariPay

HabariPay Ltd is the fintech subsidiary of Guaranty Trust Holding Company Plc, providing best-in-class payment solutions to help businesses in Africa grow and thrive.

Licensed by the Central Bank of Nigeria (CBN), HabariPay’s solutions include Squad, a complete payment tool to make in-person and online payments simpler, HabariPay Storefront, an e-commerce website to sell products and services, Value-Added Services to help merchants access cost-effective and flexible airtime and data bundles to run their businesses, as well as a switching infrastructure that enables tech-focused businesses to optimise cost and make transactions more efficient.

HapariPay recently received Mastercard’s Award For Accelerating Digital Acceptance in Africa and was awarded “Innovative Mobile Payment Solution” for its SquadPOS product by TIA.

 

  • About Squad

Squad is a complete payments solution that is reliable, secure, and affordable, making receiving in-person and online payments simple and convenient. Our goal is to support SMEs, micro merchants, large corporations and other fintechs (Tech Stars) with the tools they need to thrive in an evolving digital economy and expand beyond their current market reach.

Thousands of merchants currently leverage Squad’s payment solutions for their daily business operations. Squad’s current products and service offerings include SquadPOS, Squad Payment Links, Squad Virtual Accounts, USSD, and E-Commerce Storefront.

Find out more at www.squadco.com.

 

BIG STORY

Tinubu To Hold First Presidential Media Chat Tonight

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President Bola Tinubu’s inaugural media chat is set to be broadcast on the Nigerian Television Authority (NTA) and the Federal Radio Corporation of Nigeria (FRCN).

In a statement, Bayo Onanuga, the presidential spokesperson, confirmed that the media chat will be aired at 9 p.m. today.

“The first Presidential Media Chat with President Bola Ahmed Tinubu will be broadcast at 9 p.m. on Monday, December 23, on the Nigerian Television Authority and Federal Radio Corporation of Nigeria,” the statement reads.

All television and radio stations are encouraged to tune in to the broadcast.

This marks Tinubu’s first media chat since he assumed office on May 29, 2023.

During the chat, Tinubu will respond to questions from a panel of journalists on national matters, including his economic policies, security, and other key issues.

The tradition of presidential media chats began during the tenure of former President Olusegun Obasanjo.

The practice was continued by the administrations of Umaru Musa Yar’Adua and Goodluck Jonathan.

However, under the administration of former President Muhammadu Buhari, the frequency of the presidential media chats declined.

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IGP Didn’t Ask Nigerians To Beat Up Officers During Stop-And-Search — Police

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The Nigeria Police Force (NPF) has clarified that Kayode Egbetokun, the inspector-general of police, did not instruct Nigerians to pummel officers during stop-and-search operations.

In a statement on Monday, Muyiwa Adejobi, the force spokesperson, emphasized that Egbetokun has never endorsed violence against law enforcement agents.

Adejobi added that the blog post suggesting otherwise was entirely fabricated.

“The Nigeria Police Force wishes to address a viral fake news story that has emerged, claiming that Inspector-General of Police, IGP Kayode Adeolu Egbetokun, has instructed citizens to physically assault and throw stones at police officers who request to search their phones,” the statement reads.

“This claim is entirely false and has no basis in reality. The IGP has not issued any such directive encouraging violence against law enforcement officers.”

“Instead, he has called on citizens to report instances of police misconduct through appropriate channels.”

“This approach underscores the importance of accountability and maintaining the rule of law, rather than resorting to violent actions.”

“Members of the public are urged to make use of the following Police helplines & contacts to lay complaints whenever necessary: +2347056792065, +2349133333785, +2349133333786, @PoliceNG on X, @ngpolice on Facebook, and @nigeriapoliceforce on Instagram.”

“Citizens can also contact us by mail through; [email protected] and reach us through the police website at npf.gov.ng.”

Recently, Egbetokun instructed police officers to stop arbitrary arrests and cease searching the smartphones of Nigerians.

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Federal Government Declares Public Holiday For Christmas, New Year Celebrations

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The federal government has declared December 25-26, and January 1, 2025, as public holidays.

The public holidays are to commemorate the “Christmas,” “Boxing Day,” and “New Year’s Day” celebrations, respectively.

Olubunmi Tunji-Ojo, the minister of interior, announced the dates in a statement signed by Magdalene Ajani, the ministry’s permanent secretary.

He extended his greetings to Nigerians for the holidays and encouraged them to use the festive period to reflect on the values of “love,” “peace,” and “unity” that the season signifies.

He further emphasized that the yuletide is a time to foster harmony and strengthen bonds across families and communities.

“The Christmas season is a good moment for both spiritual reflection and national renewal. As we celebrate the birth of Jesus, the Prince of Peace, let us demonstrate kindness and extend goodwill to one another, irrespective of our differences,” the statement reads.

The minister also urged Nigerians to remain committed to the peace, unity, and progress of the nation.

He assured citizens of the federal government’s commitment to peace, security, and prosperity across the nation.

Tunji-Ojo added that the “Renewed Hope Agenda” of the President Bola Tinubu administration will usher in a prosperous economy that will be the envy of the world.

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