{"id":426697,"date":"2022-12-07T05:42:02","date_gmt":"2022-12-07T04:42:02","guid":{"rendered":"https:\/\/nairametrics.com\/?p=426697"},"modified":"2022-12-07T05:42:02","modified_gmt":"2022-12-07T04:42:02","slug":"renmoney-turns-10-marks-anniversary-with-business-community-in-nigeria","status":"publish","type":"post","link":"https:\/\/nairametrics.com\/2022\/12\/07\/renmoney-turns-10-marks-anniversary-with-business-community-in-nigeria\/","title":{"rendered":"Renmoney turns 10, marks anniversary with business community in Nigeria"},"content":{"rendered":"<p><span data-contrast=\"auto\">After a decade of driving financial inclusion for individuals and small businesses in Nigeria, Renmoney Microfinance Bank held an event to engage with partners, investors, regulators and business leaders about their experience and outlook for investing in Africa.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">One of the foremost emerging markets experts, Charlie Robertson &#8211; Renaissance Capital\u2019s Global Chief Economist &#8211; delivered the keynote address at the event themed: \u2018Going Long on Africa\u2019. The event was held on the 1st of December 2022, at The Civic Center, Victoria Island, Lagos. A robust panel discussion followed with Mr Robertson, joined by Mr Stephen Jennings &#8211; Renmoney\u2019s Founder and Chairman &#8211; and Mr Gbenga Oyebode MFR &#8211; Investor, Philanthropist and Founder, Aluko &amp; Oyebode.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Early on in the event, Mr Jennings reiterated the company\u2019s long-term focus on Africa and Nigeria. According to him, \u201cwe\u2019re not just present in Nigeria; through Rendeavour and Renmoney and my previous business, Renaissance Capital, we have been here for fifteen years in a very big way. Fundamentally, we are emerging market pioneers and we<\/span><span data-contrast=\"auto\"> typically bring a level of commitment and staying power \u2013 in terms of people, capital and tenacity \u2013 that few foreign investors can match\u201d.<\/span> <span data-contrast=\"auto\">Mr Jennings described the shareholders\u2019 level of ambition, commitment, and resilience &#8211; particularly in difficult markets &#8211; as unique and said they are excited about the next phase of market development in Nigeria. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Renmoney\u2019s Executive Director, Apekhade Idogho, thanked the staff, investors, regulators, depositors and partners for their support over the years and for being present at the event. He stated that \u201cRenmoney will continue to deliver useful and innovative financial solutions to individuals and small businesses in Nigeria.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Renmoney is a digital bank operating on a microfinance banking license in Nigeria. The company provides loans, savings, deposit and payment solutions to Nigerians. Renmoney is regulated by the Central Bank of Nigeria and insured by the Nigeria Deposit Insurance Corporation.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<figure id=\"attachment_426700\" aria-describedby=\"caption-attachment-426700\" style=\"width: 828px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-426700 size-large\" src=\"https:\/\/nairametrics.com\/wp-content\/uploads\/2022\/12\/JH.png?w=828\" alt=\"\" width=\"828\" height=\"521\" \/><figcaption id=\"caption-attachment-426700\" class=\"wp-caption-text\">L-R. Yomi Ademola &#8211; Managing Director of Alaro City, Charlie Roberston &#8211; Global Chief Economist of Rennaissance Capital, Apekhade Idogho &#8211; Executive Director at Renmoney, Biodun Dabiri &#8211; Chairman of Lekki Worldwide Investments Limited and Lekki Deep Sea Port, Frank Mosier &#8211; Founder Kazimir Partners and Chairman of Rendeavour, Gbenga Oyebode MFR &#8211; Founder of Aluko &amp; Oyebode, Stephen Jennings &#8211; Founder &amp; Chairman of Renmoney<\/figcaption><\/figure>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a decade of driving financial inclusion for individuals and small businesses in Nigeria, Renmoney Microfinance Bank held an event to engage with partners, investors, regulators and business leaders about their experience and outlook for investing in Africa.\u00a0\u00a0 One of the foremost emerging markets experts, Charlie Robertson &#8211; Renaissance Capital\u2019s Global Chief Economist &#8211; delivered [&hellip;]<\/p>\n","protected":false},"author":9258,"featured_media":426698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4431],"tags":[68364],"featured_image_urls":{},"appp_media":null,"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Renmoney turns 10, marks anniversary with business community in Nigeria - Nairametrics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nairametrics.com\/2022\/12\/07\/renmoney-turns-10-marks-anniversary-with-business-community-in-nigeria\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renmoney turns 10, marks anniversary with business community in Nigeria\" \/>\n<meta property=\"og:description\" content=\"After a decade of driving financial inclusion for individuals and small businesses in Nigeria, Renmoney Microfinance Bank held an event to engage with partners, investors, regulators and business leaders about their experience and outlook for investing in Africa.\u00a0\u00a0 One of the foremost emerging markets experts, Charlie Robertson &#8211; 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