TeamApt takes Financial Ecosystem Innovator of the Year at Nigeria's BAFI Awards

Nigeria's everyday money runs on rails most people never see — the switching and processing systems that move payments between banks, shops and phones. TeamApt, a Central Bank of Nigeria-licensed switching company and subsidiary of Moniepoint, operates a large share of that plumbing, and at the 2026 BusinessDay Banks and Other Financial Institutions Awards in Lagos it was named Financial Ecosystem Innovator of the Year. Beyond ordinary transactions, its technology now carries micro-pension contributions for informal and self-employed workers — people historically shut out of pensions — through a partnership with Awabah, payable at the same point-of-sale terminals used for daily business, and it is providing the infrastructure for retail subscriptions to a major refinery share offer through Moniepoint's banking apps and terminals.

SDG 8 · Decent work and economic growth — Mechanism: market force