Moniepoint Microfinance Bank has launched Moniebook, a new all-in-one Point-of-Sale (POS) and business management solution designed to streamline operations for micro, small and medium-sized enterprises across Nigeria.
The platform is the first in the country to fully integrate payments and bookkeeping into a single system, offering business owners a unified way to manage sales, inventory, staff, and customer relationships.
Targeted at businesses in retail, hospitality, healthcare, and other sectors, Moniebook combines advanced software with durable hardware to help entrepreneurs reduce inefficiencies, make data-driven decisions, and improve profitability.
The tool supports a wide range of daily business activities—from tracking stock levels and monitoring staff performance to preventing product expiry and generating automated reports.
Speaking at the launch, Babatunde Olofin, Managing Director of Moniepoint MFB, said the innovation reinforces the bank’s commitment to empowering Nigerian businesses.
“Our mission has always been to help businesses grow by giving them the tools they need to succeed,” Olofin said. “Moniebook is engineered to be a growth partner for businesses—a holistic source of truth in the hands of every entrepreneur.
“By providing full visibility over sales, staff, customers, and inventory in real time, we are giving business owners the control they need to scale efficiently and securely.”
The product has already gained traction during its beta phase, with more than 4,000 businesses onboarded. Early adopters say the platform has significantly improved their operations.
A retail entrepreneur, BBQ Chef, noted: “I discovered through Moniebook that I had made over ₦2 million in my first month! It tracks my sales, manages inventory, and is so easy for my team to use.”
Head of Product for Moniebook, Oluwole Adebiyi, explained that the platform was built to address the fragmentation that many Nigerian MSMEs face.
“For too long, business owners have had to juggle multiple, disconnected tools,” he said. “Whether you’re running a supermarket, a restaurant, or multiple retail outlets, you shouldn’t have to manage five different systems. Moniebook gives you everything in one place—fast, secure and scalable.”
Moniebook’s key features include:
– Inventory Management: Real-time stock tracking, automated reordering, and expiry monitoring.
– Sales Tracking & Reporting: Detailed visibility into sales, customer patterns, and staff performance.
– Integrated Payment Processing: Support for card payments, split payments, discounts, and credit sales via Moniepoint terminals.
– Multi-Location Management: Centralized oversight for businesses operating across several branches.
– Staff & Role Management: Customizable permissions and role-based access to enhance accountability.
The platform is offered in two pricing tiers: Core (₦6,000/month) for smaller operations and Pro (₦8,500/month) for larger or multi-location businesses.
Optional additions such as extra registers, branches, and implementation support make the solution adaptable for growing enterprises.
With the launch of Moniebook, Moniepoint MFB aims to further strengthen Nigeria’s MSME ecosystem by providing business owners with the tools they need to operate more efficiently and scale sustainably.
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