Tuesday, June 16, 2026

The Sun Nigeria

Morvent berths in Nigeria to revolutionize asset management

News

A fixed asset management solution by Morzoe Technologies, Morvent, has been launched in Nigeria through its partners, BuySimply Services Limited.

Speaking on the relevance of Morvent to the Nigerian market, Aderonke Adepoju, general manager, Field Asset Management Services at BuySimply, said many local organisations face mounting pressures to deliver more with fewer resources.

“Asset mismanagement drains resources, erodes trust and creates unnecessary costs,” Adepoju noted.

She said: “Sometimes, organizations buy duplicates of assets that are already sitting idle in another office. What excites us about Morvent is that it doesn’t just digitize records. It restores clarity and provides visibility. It gives leaders confidence in their numbers, teams control over their tools, and enterprises the agility to make better decisions.

“With industries such as banking, manufacturing, real estate and retail heavily dependent on assets for daily operations, Morvent is expected to be a game-changer. It allows accountants, asset managers and executives to work with the same real-time database, eliminating discrepancies and fostering transparency across organizations.

“Beyond the technology itself, BuySimply is extending added value by offering asset tagging, enumeration, validation and training services, ensuring that enterprises maximize Morvent’s potential. With a proven track record of deploying tailored technology solutions, BuySimply is uniquely positioned to help Nigerian businesses achieve stronger governance, reduce costs, and drive long-term efficiency.”

She further stated that the arrival of Morvent in Nigeria represents more than just the launch of a new product; it signals a shift toward smarter, more transparent asset management that could redefine organisational efficiency in the country.

“Morvent has already attracted international recognition, recently clinching the Best Pitch Overall Award at the Founder’s Lounge event, hosted by StartUp Court in Canada. The event, renowned for spotlighting solutions that shape the future of industries, underscored Morvent’s ability to solve a global challenge, which is the effective management of assets across diverse organisations,” she said.