Nigeria’s Moniepoint Microfinance Bank, widely known for supporting small and medium-sized businesses, has unveiled Moniebook, a new all-in-one Point-of-Sale solution built to change how retail, hospitality, health, and service businesses run their daily activities. The system stands out as the first tool in the country that merges payments and bookkeeping into a single platform. It is designed for both growing small businesses and larger multi-location enterprises. With Moniebook, business owners get access to strong software supported by reliable hardware, helping them improve operations, cut delays, and make better decisions using data insights.
Moniebook allows businesses to manage inventory, monitor sales, record payments, build customer relationships, and generate reports from one dashboard. The goal is to help business owners simplify their work, eliminate errors, and increase profits. Whether it is a supermarket, pharmacy, restaurant, or boutique, the system gives users the ability to prevent stockouts, assign staff tasks, or check expiry dates of products with ease.
Speaking at the launch, Babatunde Olofin, Managing Director of Moniepoint MFB, explained the purpose behind the product. He said, “Our mission has always been to help businesses grow by giving them the tools they need to succeed. This is in strong consonance with our mantra of creating financial happiness even as we consistently power the dreams of the millions of Nigerians who have come to love and trust the brand as an enabler of progress, as businesses or as individuals. 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.”
During its beta phase, more than 4,000 businesses tested Moniebook. Many of them have expressed positive feedback. One user, BBQ Chef, shared an experience using the platform: “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. Honestly, any business not using Moniebook is missing out.”
Oluwole Adebiyi, Head of Product for Moniebook, also spoke about how the platform was developed to match real business challenges in Nigeria. He stated, “We built Moniebook with the realities of Nigerian business owners in mind, which begins with a deep understanding of their everyday challenges. For too long, small and medium-sized business owners have had to juggle multiple, disconnected tools to manage critical operations, from tracking inventory to processing payments and understanding their sales data. This complexity is a direct barrier to growth.”
Continuing, he noted, “For us, whether you’re running a supermarket, a restaurant, or multiple retail outlets, you shouldn’t have to juggle five different systems. Moniebook gives you everything in one place – fast, secure, and scalable. By simplifying the complexities of running a business, we are freeing up entrepreneurs to do what they do best: serve their customers and grow their enterprises. This is another step in our commitment to fostering a thriving business ecosystem in Nigeria.”
The system comes with several features such as inventory management for tracking stock levels, automated reordering, and expiry monitoring. Businesses can also access sales and reporting tools that give a clear view of daily performance and customer behaviour. For payments, the platform supports transactions through Moniepoint terminals and includes split payments, discounts, and credit sales options. It also enables business owners managing more than one branch to monitor all outlets through a central platform. Staff management tools allow customized access rights and role assignments to help organise employee responsibilities easily.
Moniebook is offered in two pricing plans. The Core package, meant for small operations, costs ₦6,000 per month. The Pro version, designed for enterprise-level and multi-location businesses, costs ₦8,500 per month. Users can also pay for additional registers, branches, or setup support as their businesses expand.
Interested users can sign up through moniepoint.com/ng/business/moniebook.
