Web hosting startup WhoGoHost rebrands as GO54 as it pursues continental expansion
WhoGoHost, a Nigerian web hosting company, is rebranding as GO54 as the company seeks to expand across Africa. GO54 combines the idea of ‘GOing online,’ with the number 54, symbolising the company’s goal to expand its services across all 54 African countries, WhoGoHost said in a statement. As part of the rebranding, the company will now become a comprehensive digital solutions provider for small businesses. “The name signifies two key things; our evolution beyond domains and hosting. The new name also signifies ambition. We are not just a Nigerian business. We are now building for Africa,” Toluwani Adejuyigbe, the CEO of GO54, told TechCabal. Founded in 2007, GO54 provides domain solutions, hosting, marketing tools, and website builder products. The company says it serves over 130,000 customers in Nigeria, its primary market. Following the rebrand, GO54 will allow users to access an AI-powered website builder, email marketing, bulk SMS, link-in-bio products, and payment links. GO54 has big ambitions to become Africa’s largest digital infrastructure company as it goes on a partnership and acquisition spree. In September 2023, the company acquired SendChamp, a cloud communications startup that powers online messaging for African businesses for an undisclosed amount. That acquisition gave GO54 access to SendChamp’s customers and its customer support solutions. However, expanding across the continent comes with its fair share of challenges, such as low internet penetration in some markets and competition with international giants. But GO54 said it has a competitive strategy thanks to its local strategy. The company will offer local currency payments, localised customer support, and invest in tech talent development. “We are inspired by the opportunity to be driving market education and awareness of the benefits of digital adoption for individuals and their businesses,” Adejuyigbe said.
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BREAKING: Binance to discontinue all Naira services amid regulatory troubles
Binance, the world’s largest cryptocurrency exchange, is disabling all its Naira services from March 8 amid the company’s regulatory troubles in Nigeria, the company shared in a statement on its app. The company, which is at the center of a crypto crackdown in the West African country, will stop naira deposits after March 5, while withdrawals will end on March 8. “Any remaining NGN balances in users’ Binance accounts will be automatically converted to USDT,” the exchange said in a statement on Tuesday. Binance will also delist all existing NGN spot trading pairs on March 7. The naira will be removed from the list of supported payment options on Binance Pay, the exchange’s payment solution. Binance made the statement via its app The exchange’s decision comes amid Nigeria’s crackdown on the global crypto exchange. Last week, the office of the National Security Adviser (NSA) arrested two of the company’s executives after the pair flew into the country following a ban on the company’s website. Authorities have accused Binance of benefiting from “illegal transactions” and imposed a $10 billion fine on the company, according to a presidential aide. The cyrpto exchange has denied knowledge of the fine. Two weeks ago, Binance placed limits on peer-to-peer transactions trading the USDT/NGN pair. It was the second time in six months that the exchange placed restrictions on trading as the cryptocurrency exchange disabled the ‘sell’ feature and limited Nigerian users’ buy option to a price of ₦1802. The company’s struggles come after the Central Bank reversed its stance on crypto companies last year. At the time, the move was viewed as a positive posture towards digital currency assets but recent moves by regulators have called that outlook into question. *This is a developing story
Read MoreUS HR firm Deel acquires PaySpace, a 20-year-old SA payroll provider
Deel, the American HR company valued at $12 billion, is acquiring PaySpace, a 20-year-old Africa-based provider of payroll and HR software, for an undisclosed amount, per a TechCrunch report. This marks the third acquisition of an African company by a global company in the past year and a half. The financial details of the deal are undisclosed, but the acquisition is the largest Deel has made to date. This acquisition will further solidify the African presence of Deel, which has been providing services in all African countries except four—Congo Republic, Democratic Republic of Congo, Guinea-Bissau, Liberia, and the Central African Republic—through its native technology or that of other partner companies, including PaySpace. Prior to the acquisition, PaySpace, a Johannesburg-based startup, had been providing payroll services for Deel in 10 African countries. This acquisition grants Deel—which previously had just 5 payroll engines of its own—full ownership of the 45 payroll engines that PaySpace has built over the past 15 years, according to Deel CEO Alex Bouaziz. [ad] “Our internal team was dying to acquire them and have the ability to do on-the-spot calculations. Theirs is one of the best technologies we’ve ever seen … We had to do a lot of convincing,” Bouaziz told TechCrunch. Founded in 2007, PaySpace established itself as a cloud-based solution to address the inefficiencies of traditional payroll and HR software. The brainchild of Bruce, Clyde, and Warren Clark—brothers—alongside George Karageorgiades, the platform caters to over 14,000 customers across 44 countries across Europe, Latin America, the Middle East, and Africa. According to managing director Sandra Crous, PaySpace has been growing by over 30% annually. This acquisition allows Deel to strengthen its footprint in Africa. [ad] It also signals the interest of global firms in Africa. Other similar acquisitions include private equity firm Medius’s $100 million purchase of expense management firm Expensya, Stripe’s purchase of Nigerian fintech Paystack, and BioNTech’s £562 million acquisition of InstaDeep, an AI firm founded in Tunisia. Got a tip? You can contact the authors of this article at ngozi@bigcabal.com. TechCabal protects the confidentiality of its sources.
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Can embedded insurance in African lending help close the financial inclusion gap?
Image Source: The Future of Commerce Africa has long grappled with the challenge of financial exclusion, leaving millions marginalised from accessing basic banking and insurance products. 14 million households and individuals are pushed into poverty every year due to out-of-pocket health expenditures or catastrophic health expenses from a lack of health insurance, especially during emergencies. Africans also spend over a tenth of their earnings on healthcare payments every year. These occurrences, while not directly stemming from financial exclusion, deepen the financial divide and compound the challenge. Insurance, a safety net against risks and a tool to increase financial resiliency remain underutilised on the continent. In most African markets, insurance penetration is below the two per cent mark. Accessing insurance has been daunting for many Africans due to factors such as high premiums, complex policies, and limited accessibility, especially for the informal sector. From unpredictable market fluctuations and natural disasters to personal accidents and health emergencies, the absence of insurance leaves millions exposed to financial ruin at the slightest of setbacks. For those operating on razor-thin profit margins, the impact of such risks can be devastating, pushing families into poverty and stifling economic growth. In light of this, embedded insurance has emerged as the key to addressing this vulnerability by integrating insurance seamlessly into the financial transactions and activities of the informal market. Embedding insurance within lending products, savings schemes, and payment platforms tailored to the needs of the informal sector, enables individuals and businesses to gain access to a safety net that protects against a range of risks. Whether it be crop insurance for smallholder farmers, micro-health insurance for street vendors, or asset protection for artisans, embedded insurance offers tailored solutions that cater to the unique needs of the informal market. “Africa is not lacking in insurance, they are not just focused on the informal market,” said Ted Pantone, CEO of Turaco, at a recent edition of TechCabal Live in partnership with Turaco and One Acre Fund on Friday, February 23, 2024. Another significant contribution of embedded insurance is its ability to mitigate risks for both lenders and borrowers. In Africa, economic volatility is prevalent, lenders often face uncertainty in extending credit to underserved populations. Embedded insurance offers a solution by providing lenders, microfinance institutions, and asset-based financing companies with a safety net against default risks, thereby encouraging them to offer loans to individuals and businesses who were previously deemed too risky. This not only expands access to credit but also empowers entrepreneurs and small businesses to invest in their futures, fostering economic growth and stability. Moreover, embedded insurance enhances the resilience of borrowers by protecting them against unforeseen events that could derail their financial progress. Whether it be crop failure for farmers, illness for individuals, or accidents for entrepreneurs, these unexpected challenges can push vulnerable populations deeper into poverty. However, with embedded insurance, borrowers have a shield against such adversities, ensuring they can weather financial storms without falling into a cycle of debt or destitution. A point emphasised by Hephzibah Chepng’eno, Product Strategy Director, One Acre Fund. “Having affordable insurance is a path to building resilience, growing assets, and improving the financial ability of customers to repay loans.” Furthermore, embedded insurance fosters financial literacy and inclusion by simplifying the insurance process and promoting greater awareness among borrowers. By embedding insurance seamlessly into lending platforms, borrowers are exposed to insurance products and their benefits, demystifying the often-complex world of insurance. This not only encourages uptake but also equips individuals with the knowledge and tools to make informed financial decisions, empowering them to protect themselves and their families against risks. Borrowers no longer have to deal with the complex process of dealing directly with insurance companies. “Insurance languages are mostly complicated and complex for the layman to understand. People need to understand how insurance works easily,” said Pantone on the improvement of financial services accessibility as a result of embedded insurance. Prominent innovators have taken on the task of comprehending the financial challenges and creating resilience for the informal market as we see in the case of embedded insurance and lending solutions for farmers in East Africa. However, for embedded insurance in lending to flourish in Africa, there is a need for concerted efforts from various stakeholders to create an enabling regulatory environment that fosters innovation while safeguarding consumers’ interests. This article is part of the TechCabal Live series brought to you by TechCabal in partnership with Turaco and One Acre Fund. Turaco seeks to provide inclusive insurance solutions for emerging markets while One Acre Fund supplies smallholder farmers with everything they need to grow their way out of poverty.
Read MoreGhana’s Central Bank suspends FX licenses of GT Bank and First Bank
Ghana’s Central Bank has suspended the foreign exchange license of Guaranty Trust Bank and FBN Bank for one month, effective March 18, three months after it barred eight money transfer organisations (MTOs) from offering remittance services without regulatory approval as the apex bank seeks to regulate the foreign exchange market. The affected banks committed various breaches of the foreign exchange market regulations, including submitting fraudulent documentation in their forex operations, the apex bank said in a statement on Monday. In a statement issued on Tuesday, Guaranty Trust Bank said it is “actively collaborating with the Bank of Ghana to swiftly address the trade-related issues leading to the suspension.” The bank also reassured customers that all other business operations remained unaffected as the suspension was limited to its foreign exchange segment. The suspension is in line with Section 11 (2) of the Foreign Exchange Act 2006, which gives the Bank of Ghana the power to suspend a license for a period instead of revoking it. The Bank of Ghana said in a statement that it would restore the banks’ licenses after one month if it is satisfied that the banks “put in place effective controls” to ensure strict adherence to regulations. The apex bank also warned other financial institutions and called for strict adherence to forex market regulations and guidelines. Last week, the Central Bank of Nigeria revoked the license of more than 4,000 Bureau De Change operators (BDCs) for failing to pay necessary fees, render returns or comply with anti-money laundering and terrorism financing regulations. CBN revokes 4,173 BDC operator licenses one week after new guidelines
Read MoreNigeria bets big on 5G: Telecoms invest billions, users rise as 4G dominates
More Nigerians are moving to 4G and 5G networks as telecom operators like MTN and Airtel increase their infrastructure investment nationwide. The number of 4G sites deployed by MTN Nigeria grew 2.7%, said Karl Toriola, the company’s CEO, during an investor call on Monday. That infrastructure expansion increased 4G usage among its customers from 79.1% to 81.5%. The number of MTN’s 5G sites saw the most growth rising from 588 to 2,106 sites and pushing 5G penetration to 11.3% from 3.1%. Airtel, another major telco, deployed its 5G networks in four cities, including Lagos and Abeokuta and is currently testing the network in Oshogbo. Telcos pour billions into infrastructure MTN Nigeria and Airtel Africa spent a combined ₦613 billion to expand their 4G and 5G networks by the end of 2022, regulatory filings from both companies show. MTN spent N504.33 billion on its network rollout, while Airtel invested N108.79 billion in the same period. Smartphone vendors also responded by increasing shipments of mostly 4G and 5G enabled devices, with data from Canalys showing a 12% growth in smartphone shipments to Africa in 2023. As of January 2024, TECNO leads the smartphone vendor market with 26.03%, followed by a sister brand, Infinix, with 20.88%. Samsung is in third place with 11.43%, while Apple is in fourth place with 9.66% of the market. Growing infrastructure drives usage By December 2023, 1.04% of internet subscribers in Nigeria used 5G. 4G users also grew to 31.33%, data from the Nigerian Communications Commission (NCC) showed. There were only 2.18 million 3G subscriptions in December 2023, while 2G usage, which still accounts for more than half of mobile internet subscriptions (57.84%), also declined. The growth in 4G and 5G subscriptions happened despite supply chain disruptions and inflationary pressures that raised the prices of smartphones by 30%, data from GSMA showed. In response to those pressures, telecom companies partnered with asset financing companies and smartphone manufacturers to offer flexible financing options. Airtel’s partnership with iTel allows customers to buy a range of well-priced smartphones. “These deals are helping subscribers acquire 4G/5G devices and routers,” Sam Adeoye, Airtel Nigeria’s head of public relations, added. There’s a rising demand for smartphone financing given rising inflation in Nigeria, said Aisha Husseini, founder of Keza Africa, a device financing startup. “Even people who would not have opted for device financing are now choosing it because of the naira devaluation,” Husseini said.
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👨🏿🚀TechCabal Daily – CIPC hackers want $100k reward
In partnership with Share this newsletter: Lire en Français اقرأ هذا باللغة العربية Good morning ChatGPT’s Read Aloud feature is now available on all devices. The feature, which launched last year across mobile, will allow the chatbot read answers to you or even have conversations about random stuff. The service is also available in 37 languages. In today’s edition Africa Talking’s CEO sues company over unlawful termination CIPC hackers want a $100k reward Canal+ gets an extension Bolt launches in Cairo days after Botswana entry The World Wide Web3 Opportunities Startups Africa’s Talking co-founder sues company over unlawful termination After a 7-year tenure as CEO of Africa’s Talking, Bilha Ndirangu was allegedly forced to step down in June 2021, to pursue other interests while still serving on the board of directors. Africa’s Talking,—a platform that makes it easier for developers to build their solutions with easy-to-use application programming interfaces (APIs)—is now being led by a new CEO Samuel Gikandi who reportedly removed Ndirangu as director two years after she stepped down as CEO. What’s the story? In a recent lawsuit filed with the Nairobi High Court, Ndirangu, who owns 6.33% of the company, is accusing the company of wrongfully terminating her position as director. She alleges she was removed just seven months after raising concerns about misconduct by senior company officials. Court documents reveal that Gikandi and other shareholders, including a trust holding unvested shares for employees voted to remove Ndirangu as director in June 2023. Ndirangu claims she was denied the right to contest her removal, which is a violation of legal procedures. Additionally, the lawsuit states that her dismissal occurred despite a court order protecting her position. Three other individuals, including Eston Maina, another co-founder, are listed alongside Ndirangu in the suit. She also argues the removal process was flawed. How? Typically, removing a director requires a majority vote from shareholders. However, in this case, court documents show that AT Group ESOP Trust participated in the vote to reach the majority needed. Ndirangu contests the legitimacy of this vote, claiming the trust is inactive and shouldn’t have been allowed to participate. Ndirangu and her co-petitioners own 20.83% of Africa’s Talking, while Gikandi and his team own 25.25% of the company. This is a developing story. Access payments with Moniepoint You don’t have to take our word for it. Give it a shot like he did Click here to experience fast and reliable personal banking with Moniepoint. Cybersecurity CIPC hackers want $100k reward Yesterday, we brought you news of South Africa’s business registry—Companies and Intellectual Property Commission (CIPC)—getting hacked. An anonymous group has claimed responsibility for the hack and claims that they have had total control of the website since 2021. Dig in: The group told MyBroadband, a South African publication yesterday that the CIPC responsible for managing roughly 2.1 million active businesses and overseeing intellectual property rights had weak security. The group which claims it does not have any affiliations or agenda besides exposing the vulnerabilities of large companies, found many such vulnerabilities in the CIPC including accessing a CIPC user account without knowing their password. This vulnerability granted the group full control over company registration data, allowing the group to potentially add or remove directors from companies or alter other critical information at will. This is not the first hack on the CIPC—the group explored vulnerabilities in the CIPC in 2021—the hacker group is asking for a “reasonable” R1.9 million ($100,000) ransom for its latest attempt. While MyBroadband informed the CIPC about the hacker group revelations, the CIPC said it was “handling the matter with the relevant law enforcement agencies.” Streaming Canal+ takeover bid for MultiChoice extended until April 8 French media giant, Canal+ has until April 8, 2024, to formally offer to acquire the remaining shares in MultiChoice, Africa’s leading pay-TV company. Initially, South Africa’s Takeover Regulation Panel ordered Canal+, to formally offer to buy the remaining shares in MultiChoice after reaching a 35% stake in the company, which triggered a mandatory offer requirement. Zoom in: The mandatory offer came after Canal+’s earlier offer in February to buy MultiChoice’s remaining shares for R105 ($5.52) per share, was deemed too low by MultiChoice. Now, Canal+ has secured an exemption from the Panel, which translates to an additional 25 business days for Canal+ to finalise their offer before the new deadline of April 8th, 2024. MyBroadband estimates Canal+ has shelled out roughly R17.2 billion ($904.2 million) to acquire its current 35.01% stake in MultiChoice, averaging around R111 ($5.84) per share. To buy the remaining shares, the cost could balloon to R30.2 billion ($1.5 billion), for a total purchase price of R47.4 billion ($2.4 billion). MultiChoice has stated it will continue to act in the best interests of its shareholders as the company awaits further developments from Canal+. Secure payment gateway for your business Fincra’s payment gateway enables you to easily collect Naira payments as a business; you can collect payments in minutes through bank transfers, cards, virtual accounts and mobile money. Create a free account and start collecting NGN payments with Fincra. Mobility Bolt launches in Cairo days after Botswana entry Bolt, an Estonian ride-hailing platform, has officially launched in the Egyptian capital, Cairo—its second foray into North Africa after Tunis in 2019—and is ready to compete with other ride-hailing players like Uber and Careem in the market. This news also comes just one week after the service launched in Botswana. The ride-hailing company, whose strategy hinges on attractive pricing, plans to eliminate its standard 15% commission for drivers. This time, riders also get a 50% discount on their trips for the next six months. Bolt’s African expansion: This launch marks Bolt’s 15th African market, capping off a recent expansion in Zimbabwe andBotswana in January and February 2024, respectively, with a similar driver commission waiver for six months. Cairo’s ride-hailing landscape is a crowded arena: Uber currently reigns supreme in Cairo, but its reputation for being pricey precedes it. Careem offers similar prices but throws in occasional
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Brass claims our coverage took its statements out of context. Here’s our response
On Monday afternoon, TechCabal published a story about Brass, a Nigerian fintech that provides business banking to small businesses. Our reporting, which has now been called into question by the company’s founder, was based on an hour-long conversation with the founder and follow-up questions sent via email. Per our standards, we understood the gravity of this story and took great pains to share a balanced and nuanced story. We stand by our reporting and remain committed to building a reputable publication that captures the stories of the people and businesses shaping the tech landscape in Africa. While we don’t typically publish transcripts of our conversations with interview subjects, we will make an exception in this instance. Our email correspondence with the CEO of Brass can be found at the bottom of this article. In an hour-long conversation, Sola Akindolu expressed a desire to be helpful with TechCabal’s reporting. He, however, emphasised the need to be cautious due to the sensitive nature of the fintech industry. He mentioned that fintechs are struggling due to a combination of factors, including a delay in securing Series A funding, and explained that these issues are not unique to Brass but are symptomatic of broader challenges within the fintech sector. We paused to clarify if his fintech’s current struggles were similarly a funding issue, and he said this: “It is, for the most part, generally.” Find the full, unedited transcript of our conversation with Sola Akindolu below. The transcript starts here: Sola: So the first question I would like to ask is more like, what exactly is the goal of this reporting? Or what you guys are trying to do? Ngozi: Muyiwa, would you like to answer that? Muyiwa: Yes, absolutely. I think because now more than ever, we’re, we’re constantly asking questions about what is newsworthy or not. We’re constantly fielding questions about what is newsworthy or not. I find those questions pretty interesting. I don’t say this in a bad way. I think it reveals, like, sort of, like the hypocritical nature of people. It’s very interesting that we understand the news when it’s not about our companies because we understand the need for people to know these things—the need for customers, the need for investors, the need for just onlookers to understand or know things, right? But when really hits closer to home, we are always like, why do you need to talk about that? So the goal of this is pretty simple. I’m going to be very, very, I’ll speak very plainly here. We started receiving emails, text messages, DMs. The number of reporters in our newsroom, who had gotten these messages from your customers who had said, oh, oh, we can’t take money out. We’re having trouble taking money out of the company, and the company is not speaking to us. endlessly, right? I think we were very, very, very within our rights to have written that story, right, because it was an issue that affected customers. And this would have allowed us to also examine the promise of business banking, right? The promise of business banking, what some of the challenges are, and stuff like that, disruptors in that market are doing and how they’re doing so. So these stories like you said, it’s just it’s beyond reporting on that event, but also as a way to do a pulse check on what’s going on in the sector. So that’s, it’s that this is the news because it affected your customers, quite a lot of people on the one hand, and another reason great news is that it allows us also know what I know is happening around Sola: Don’t get me wrong, I’m sorry for interrupting. I’m not trying to say this is not news. I’m not trying to dispute the newsworthiness of it. What I’m trying to understand is exactly what the goal is more like, I’m not trying to, like there’s a way you tell news where you’re like, I’m just trying to understand the goal. I’m not saying it’s not newsworthy, or whatever the case may be people would have reached out and all of those types of things. When things are not looking good, people sort of complain in every form, make a complaint, right? They will talk to the press, they will talk to do file, you know, like people just try to air their grievances somehow. So I am just trying to ask you guys like, what exactly you guys are trying to do. Like I said, I’ll be very helpful. I think there’s just so much one can actually unwrap from all of this. I have spoken at length with Ngozi over the phone twice already. So I’m not sort of like we are going through a lot of a lot of work internally to ensure that we steer the ship and we’ve done so much work. We’ve been building this really hard for the last three years. So you can imagine this is my life’s work. So I’m very like, I’m very, I’m trying to make sure that I carry I steer the boat and I bring it back to the original position. So what I’m just trying to do is more like understand your perspective, I’m not disputing that what you need to do is not what I don’t know. And I’m not. I’m not very I’m not. I understand it. That’s my point. But I’m just trying to kind of like get what you guys are trying to drive, what kind of story are you trying to tell? Are you trying to tell the story from a brass perspective, or from an industry level or from an industry category level, do you understand? Because this problem is not, it’s not specific to us alone. And I can answer like, I don’t want to go into whatever. I don’t know what others are facing. I can only speak for myself, but I can take the idea that if it’s
Read MoreBolt launches in Cairo and undercuts Uber with 15% commission
Bolt, the global ride-hailing company, has launched in Cairo and will compete with Uber, InDriver and Careem in its second foray into North Africa after expanding to Tunis in 2019. The Estonian ride-hailing giant will hope to win with its pricing strategy. It will waive drivers its standard 15% commission for drivers (Uber and Careem charge 22-33%) and give riders 50% off their trips for the next six months. Bolt absorbs the discounts it gives customers and pays drivers the total amount earned during a trip. “Egypt is an important market for our entry beyond merely boosting driver revenues; we aim to ignite demand through competitive pricing,” said Haitham Mansour, Bolt Egypt Country Manager. “By keeping our commissions substantially lower than our counterparts, we ensure drivers earn more while presenting customers with appealing service fees.” Bolt’s entry into Egypt marks its 15th African market, following an expansion spree over the last few months. During this time, it has primarily focused on the Southern Africa market after entering Zambia, Zimbabwe, and Botswana, and waived driver commission in those markets for six months. Uber is currently the most popular ride-hailing app in Cairo but is considered pricey. Careem is similar in price but offers occasional discounts. inDriver and DiDi are newer, vying for the budget-conscious market with offers and discounts. In February 2023, Bolt committed to investing more than $500 million in Africa by the end of 2024. This investment aimed to expand Bolt’s services across the continent and create job opportunities. The company is also in the process of addressing a crisis with some of its drivers in select markets who accuse the company of using underhand tactics that reduce their income.
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How to apply for JAMB DE 2024 and solve profile code issues
Here’s a concise yet comprehensive guide for individuals seeking to apply for JAMB Direct Entry (DE) 2024, which commenced on February 28, 2024. It outlines the step-by-step process, essential considerations, and payment methods, providing aspiring candidates with a clear roadmap to navigate the application procedure effectively. How to apply for JAMB DE 2024 There are specific things for you to know when applying for JAMB DE 2024. They are as follows: 1. Understand the basics Before getting into the application process, it’s essential to grasp some key points: The JAMB Direct Entry (DE) form is distinct from the UTME form. You can only register for DE at designated JAMB offices. Applying for both JAMB DE and UTME in the same year is not permissible. 2. Gather necessary documents Ensure you have the following documents ready: A’ level qualifications or equivalent O’ level results DE registration template 3. Initiate registration To begin, create your JAMB profile by sending your NIN to 55019 or 66019 via SMS. Example: NIN 00123456789. You’ll receive a confirmation code. 4. Access the JAMB portal Use the received code to log into the JAMB portal. 5. Obtain JAMB e-PIN Visit any accredited bank, CBT Centre, or embassy (for foreign candidates) to purchase the JAMB e-PIN. Present your confirmation code and pay the required fee. 6. Receive profile code After sending the message, you’ll receive a profile code along with other relevant details via SMS. 7. Procure Form e-PIN Present your profile code at the point of purchase, and the e-PIN will be sent to you via SMS. 8. Registration at CBT Centre Take your e-PIN to any JAMB-accredited CBT centre for registration. 9. Payment methods Choose from various payment methods: Bank payment: Use the e-PIN to pay at the bank. Online payment: Utilize your ATM card or USSD code on the JAMB portal. POS payment: Pay with POS at accredited CBT or JAMB offices. 10. Final steps on how to apply for JAMB DE 2024 and solve profile code issues Once registered, await further instructions from JAMB. Ensure all documents are uploaded as per guidelines. Profile code issues for those who apply for JAMB DE 2024 If you lose your profile code or e-PIN, follow these steps for retrieval: Send [RESEND] to 55019 or 66019 for profile code retrieval. Send [UTMEPIN] or [DEPIN] for e-PIN retrieval. Final thoughts on how to apply for JAMB DE 2024 By following these steps diligently, you can successfully apply for JAMB DE 2024. Also, be careful not to fall for fraudsters currently on the prowl parading as JAMB officials online and asking you for sensitive details or exorbitant money. Kindly visit an accredited JAMB CBT centre if you have any issues.
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