In its 16th year, the CBN CardExpo is an annual 3-day conference organised by Intermarc Consulting in partnership with the Central Bank of Nigeria (CBN) to showcase the most interesting developments within Africa’s payment industry.

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The award was presented by the Director General of the Nigerian Tourism Development Corporation, Mrs. Sally Mbanefo.

John Obaro, managing director/CEO of SystemSpecs, said the company would continue to "extend the frontiers of financial technology innovation which Remita has now come to be known for.”

Remita is the platform behind the highly acclaimed Treasury Single Account (TSA) initiative of the Federal Government of Nigeria, and has helped the government to take full control of over N3 trillion of its cash assets as at the end of the first quarter of 2016.

The Remita platform is also the flagship product of SystemSpecs, a 24-year-old Nigerian software company.