VFD Microfinance Bank today unveils its flagship product called V®, Nigeria’s first truly virtual bank. This is a fully digital one-stop platform offering more to the banked and unbanked Nigerian users. This is coming at a time when consumers are groaning under the burden of high maintenance fees, bank related charges and other regulatory demands which banks pass unto the end users of the financial sector.
V is closing the gap which hitherto existed between established traditional banks and their customers. Experts behind V are taking a consumer-centric approach with an aggressive feedback collection mechanism to build an app that meets the objectives of the customer. Included in the development is a quarterly release update process led strictly by consumers needs and experience.
Early adopters of V are impressed with the product in that it enables a stress-free banking interaction as well as allowance for flexible investment plan and financial discipline. A great number of users applaud the platform given to Small and Medium Enterprises as well as the retail customers.
Speaking on the unveiling, Azubike Emodi, MD/CEO, VFD Microfinance Bank, stated “We believe the banking customers should have better oversight of their account activities than what is currently obtainable; there are similar banking apps available but V is capitalizing on essential customer-centric features that are currently being ignored. One of such features is the fixed deposit option directly on V which empowers users to make key investment choice. At the heart of what we do is the customer, hence, we ensured V is built around the users. As new features are added and released every quarter, this roll out plan incorporates consumer feedback into every release.”
Furthermore, V allows the user to monitor expenses and income, categorize budgets, and set spending limits. V is available to download by searching for “V by VFD” on App store and Google Play store.
Another landmark feature of V is referral functionality (Veelage), which is also connected to monthly financial reward, this wealth building aspect of V is driven by your power of influence and ability to hustle. The Veelage referral community allows interested users of V to earn income and advance though the V community simply by getting a specified number of account holders signed up with a unique ID and maintaining an average balance. Speaking on this remarkable feature, Olukunle Salami, Business Performance Manager, VFD Group Plc noted this as a novel approach to marketing. It is a 2-way value proposition that ensures individuals can earn consistently for several months beyond the initial referral point.
He said this during the CEO’s hangout event organised by the bank as a mentoring and networking engagement with women entrepreneurs, in celebration of the 2020 International Women’s Day, while making a presentation on ‘Talking points for MD & CEO on funding for women-owned businesses,’ in Lagos.
He said: “Indeed, our long-running support for the growth and development of small businesses in Nigeria stems from our recognition of SMEs as critical agents of economic development and transformation in Nigeria and the world at large.
“While MSMEs have continued to help us to do this through greater utilisation of raw materials, employment generation, linkages with bigger industries, etc, they, however, continue to be held back from reaching their full potential by a number of internal and external challenges which include poor access to funding, and poor infrastructure among others.”
He said Fidelity Bank had developed a strong multifaceted SME banking platform, driven by its tailored, low cost transactions banking offerings backed by the requisite one-on-one and cluster focused advisory services and hand-holding support, and a low-cost, tailored funding from its balance sheet.
“This reality and the need to tackle it headlong has led us to deepen attention on the segment in recent years and institute enduring structures to help the segment build all-round capacity at little or no cost to them,”he said.
“Overall, as proof of our commitment, our MSME customer footprint as at date, is in excess of 600,000 customers across several sectors and the various geographical regions of the country,” he said.
The Chief Executive Officer, Linda Ikeji TV, Linda Ikeji, urged women who had achieved and those still aspiring to come together as often as possible to exchange ideas and mentor each other.
Africa Magic has announced the hosts for the 7th edition of the Africa Magic Viewers’ Choice Awards.
The Television Host and Media Personality, IK Osakioduwa will return as host of this edition and will grace the stage with a new female co-host, Amina Abdi Rabar.
Amina Abdi Rabar is a top Kenyan TV and Radio Presenter. She began her radio career with Homeboyz Radio and later moved to Capital FM where she hosts Capital In The Morning, the station’s flagship show. As a TV host, she has worked on various shows on the DStv platform such as; MNET’s Lifestyle and Entertainment Show Mashariki Mix, Moments on Ebony Life TV, Maisha Superstar on Maisha Magic East and currently The Turn Up on Maisha Magic East.
Abdi Rabar has also worked with various brands as an ambassador, hosted a variety of music concerts, corporate events, award shows, product launches and gala dinners.
“We are excited to present Amina Abdi Rabar as the new female co-host of the 7th edition of the AMVCAs. She is vivacious, full of wit and has a very cheerful personality. We look forward to her and IK bringing some magic on stage as we gather to celebrate the best in film and television”, said Wangi Mba-Uzoukwu, Channel Director, Africa Channels.
All is now set for the seventh edition of the awards billed to hold in Lagos, Nigeria on Saturday, 14 March 2020. The event will be broadcast live on all Africa Magic channels on DStv and GOtv from 4pm WAT. Follow the conversation on social media using the hashtag #AMVCA7.
The 7th edition of the AMVCAs is sponsored by Amstel Malta.
The event, billed for 12 April at the Indoor Sports of the National Stadium in Lagos, will stage six fights across weight divisions. The biggest of these is the WBF International title, which will see Oladosu, the West African Boxing Union (WABU) lightweight champion, fight Ghana’s Emmanuel Quartey. Next to it is the WBF Africa title, which will feature Babatunde, the WABU welterweight champion, and Tanzania’s Mkwalekwa Salehe.
The event will also see the explosive Agbaje, national featherweight champion, test his mettle against Moses Dodzi of Ghana in an international challenge duel.
Also billed for title action is Sadiq “Happy Boy” Adeleke, who will face Tunde Olojede in the national bantamweight title clash. The bout line-up is completed by two non-title duels in the light heavyweight lightweight categories. The former will Daniel “Big Shark” Emeka up against Segun “Success” Olanrewaju, while the former pairs GOtv Boxing NextGen Search graduates, Alaba “Elyblow” Omotola with Lateef Akintola.
Speaking at the event, Jenkins Alumona, Managing Director of Flykite Promotions, noted that while the country celebrates international boxers of Nigerian descent, it is equally important to provide Nigerian boxers the opportunity to also become world champions.
He stated he was excited by how the event has over the years positioned Nigerian boxers to have a shot at world titles.
“We at Flykite are particularly excited that someone that just came to the National Stadium to join the GOtv Boxing Next Gen Search will, after a few years, be fighting for an African title, and we think that this is a thing of pride for us, our lead sponsors, GOtv, the NBB of C and Nigerian boxing in general,” Alumona said.
Also speaking, Jennifer Ukoh, GOtv Public Relations Manager, stated that the sponsors remain committed to the sport in Nigeria, as evidenced by its expansion through the introduction of GOtv Boxing Mini and GOtv Boxing NextGen Search.
“We at GOtv and MultiChoice are delighted to be part of this event. This is the 21st edition and this is a proud moment for us. There has been a tremendous progress since the first edition and we have expanded our activities for GOtv Boxing Night to include the GOtv Boxing Night Mini and the GOtv Boxing Night NextGen Search,” Ukoh said.
- Salah, Mane take Liverpool to within six points of glory
SuperSport viewers on DStv enjoyed another great weekend of football action, with the continuation of the 2019/20 Premier League, La Liga and Serie A campaigns.
The best African footballers from the weekend must surely include Liverpool’s African attacking duo of Mohamed Salah and Sadio Mane, who each scored as the Reds came from a goal down to defeat Bournemouth 2-1 at Anfield on Saturday afternoon.
The victory not only saw Jurgen Klopp’s charges return to winning form (following a shock defeat to Watford in the previous round) but also brought them closer to a first title in the Premier League era: following Manchester City’s defeat to Manchester United in the derby on Sunday, Liverpool need just six points from their remaining nine matches to claim league glory.
Elsewhere in the Premier League, Jordan Ayew scored a goal to see Crystal Palace defeat Watford 1-0 and virtually secure survival in the top flight, while poor Moussa Djenepo was sent off in Southampton’s 1-0 loss at home to Newcastle United.
Italy’s Serie A continues to be disrupted by the spread of the Coronavirus, but the league at least managed to complete five matches – the pick of which saw Juventus defeat Internazionale in the ‘Derby d’Italia’ on Sunday night.
Elsewhere in Serie A, Franck Kessie and Ismael Bennacer were unable to prevent AC Milan falling to a surprise 2-1 defeat at home to Genoa, while Mohamed Fares helped SPAL claim a 1-0 win at Parma to lift themselves off the foot of the table.
In Spain’s La Liga, the Ghanaian pair of Lumor Agbenyenu and Baba Mohammed, as well as Ivorian Junior Lago helped Mallorca to a 2-1 win at Eibar which boosts their survival hopes, while Chidozie Awaziem, Kenneth Omeruo and Roger Assale helped Leganes win 2-1 away to a Villarreal team which featured Samuel Chukwueze and Andre Frank Zambo Anguissa.