Financial Technology Company Signs Three-year Deal With NPFL

May 18, 2022

 

A leading financial technology company, Bitnob Technologies has penned a sponsorship deal with the Nigeria Professional Football League for the development of the top flight league in Nigeria.

Join our WhatsApp Channel

The terms of the deal was undisclosed albeit the duration is three years.

Speaking at the official signing ceremony of the sponsorship, the Chief Executive Officer, Bitnob, Bernard Parah, believes the partnership would link his organisation to the people need solutions and also help them to work with the NPFL to develop the league.

“Bitcoin just like football, is about hope, oneness, and freedom, and at Bitnob, we are excited to be making this happen to inspire hope and showcase possibilities in our own league. If we don’t believe in what is ours, then who will?.

“We are young investors and are happy with the willingness of the League Management Company to partner with us in order to give the league a facelift.

In his response, League Management Company Chairman, Mallam Shehu Dikko commended Bitnob Technologies for the support they have rendered to the Nigerian league, just as he hoped the partnership make the league a model in Africa.

“We are excited to see young minds choosing to invest in the growth and development of our domestic league. Football is a major passion point in the country, and we believe that the marriage of football and technology is critical to the next phase of football in our nation,” Dikko posited.

Bitnob provides payments solutions and other financial services for individual and businesses partnered the NPFL as an elite sponsors in the financial technology category.

izu
+ posts

Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

Izuchukwu Okosi

Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact
Previous Story

Nigeria’s Diasporan Remittances To Increase Over Rising Food Prices – World Bank

Ahmed Idris
Next Story

FG Suspends Nigeria’s Accountant-General Over Alleged N80bn Fraud

Featured Stories

Latest from Business

Naira Records Marginal Gain As External Reserves Hit $41.27bn In August

Dollar Records Mixed Fortune In Parallel, Official Markets

On Tuesday, February 3, the United States dollar (USD) increased in value to N1,457.91 kobo per $1 in the black market, above the N1,454.99 kobo/$1 recorded on Monday, February 2. The dollar rate increased by N2.92 kobo during trading in the black
The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

IMG, Union Dicon Lift NGX Market Cap By N332.48bn

Over N332.48 billion was gained in the Nigerian Exchange (NGX), also known as the stock market, on Tuesday, February 3, after the all-share index (ASI) appreciated 0.31 percent. The gain was reflected in the market capitalisation, which increased from N106.16 trillion on
Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

NGX Records Sluggish Growth As Market Cap Rises By N9.12bn

Trading was sluggish in the Nigerian Exchange (NGX) on Monday, February 2, as the all-share index (ASI) expanded slightly by 14.23 basis points. The ASI closed at 165,384.63 index, up from the 165,370.4 ASI reported on Friday, January 30.Join our WhatsApp Channel
Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact
Previous Story

Nigeria’s Diasporan Remittances To Increase Over Rising Food Prices – World Bank

Ahmed Idris
Next Story

FG Suspends Nigeria’s Accountant-General Over Alleged N80bn Fraud

Don't Miss

World Bank, Other Stakeholders Charge Nigerian Govt To Enact Data Protection Law

World Bank, Other Stakeholders Charge Nigerian Govt To Enact Data Protection Law

The growing complexities of society, coupled with emerging trends have
Labour Party Has Better Structure Than APC, PDP – Pat Utomi

Labour Party Has Better Structure Than APC, PDP – Pat Utomi

Popular political economist, Professor Pat Utomi, on Tuesday said the