The consumer experience is very good as customers can do simple deposits, payments and transfers in their own neighbourhood rather than travel for hours to a bank branch, said Nike Kolawole, Head, Agency Banking, Ecobank Nigeria.
According to her, the aim of the Xpress Point is to let every Nigerian household have access to Ecobank services within their neighbourhood to provide easy banking services.
Further, Kolawole noted that unemployed and retired persons should avail themselves with the opportunity to earn extra income by keying into services offered by the bank as Xpress point agents.
According to her, the Ecobank Xpress point which are in various neighbourhoods across the country, are well-positioned to facilitate basic financial transactions, with the process and services simplified to attend to a broad spectrum of the society.
She disclosed that agency banking in general brings about economic and youth empowerment by way of job creation and earning extra income, adding that small savers can easily do their savings at home or near their home.
This leads to financial inclusion of the underbanked in the country.
In her words: “Ecobank currently has over 43,000 agents across Africa.
“The agents carry out financial transactions on behalf of Ecobank and earn commission per transaction processed.
“Xpress Points can also be used as channels for the deployment of national social intervention programmes, especially at this time that we are fighting the impact of lockdowns due to the COVID-19.
“Services offered by the Xpress point agents includes cash in, cash out, fund transfer, bills payment, airtime recharge, remittance and account opening, among others.
“These services are available for sole proprietors, partnerships, co-operative societies, microfinance banks, companies with large distribution network – like petrol stations, FMCGs, telecommunication companies, super agents, aggregators and unregistered businesses such as petty traders, hair saloon and others.”
With the recent development in the media space in relation to the global pandemic caused by the spread of coronavirus, the earlier canceled #EvaluatePR session has been rescheduled to hold on 19th June 2020.
P+ Measurement services borne with the responsibility to educate and enlighten PR and measurement stakeholders has invited a couple of Communications and Measurement professionals around the globe to her 15th Edition of #EvaluatePR event.
The event themed “Measurement and Evaluation in today’s PR world“, allows the engagement of experts in the PR, Communications, and Measurement Industry in a Question & Answer session, to share their experiences, advice, insights and quotes on Measurement and Evaluation.
The event will be featuring: Biju D. Vincent, Media Monitoring & Intelligence, CEO at DigiMent Research from Delaware in the United States of America; and Seye Olurotimi, Marketing Communications/ Lead Consultant at CedarTribe from Lagos, Nigeria.
The one-hour event holding between 2pm – 3pm NG is scheduled to take place, Friday, 19th June 2020. Use the Zoom app link; https://us04web.zoom.us/meeting/register/upItceuqqjMiGtE70UoWl6ZDLUeHBQsVhMm8 for registration and details of the #EvaluatePR Zoom meeting.
For enquiries, kindly send an email to firstname.lastname@example.org with the Subject #EvaluatePR
Idris Okuneye popularly know as Bobrisky, has switched back to his girlish lifestyle and looks after attending his father’s birthday dressed as a man on Tuesday June 16th 2020.
Bob is known for his/her glamorous living on social media and a controversial style earned from cross dressing and dramatic nature.
The best friend of Nollywood actress Tonto Dikeh took to Instagram to share pictures of himself and wrote the caption below:
Many of dis girls need to thank me honestly ! Many of ur boyfriends don’t like picking ur cal when they are with me,but because of my soft heart I use to beg him to pick ur cal. I don’t destroy marriages… Just shift for me let share him. Yours can be in public. Mine is coded. Las las we are both still enjoying him
The National Working Committee (NWC) of the All Progressives Congress(APC) has affirmed Senator Abiola Ajimobi as its acting national chair.
Ajimobi was National Deputy Chairman South until his appointment and affirmation by the NWC.
Rising from its 45th emergency meeting, which had 15 of the 21 NWC members in attendance, the committee affirmed the leadership of Ajumobi.
National Vice Chairman, South South, Chief Hilary Eta, who was elected to chair the meeting, announced the seven- man Edo State Governorship Election Panel to conduct the June 22 primary.
Governor Hope Uzodima of Imo State is to serve as chairman of the panel while Senator Ajibola Bashiru will serve as panel secretary.
He also announced the composition of a five-man Election Appeal Panel headed by Prof. Mustapha Bello and Dr. Kayode Ajulo as the secretary of the panel.
Eta also said Hon Victor Giadon has ceased to be a member of the NWC having resigned to contest for Deputy Governorship of Rivers State during the last general elections.
The Lagos state Governor Mr Babajide Sanwoolu has approved the appointment of Mr Babalola Obilana as the Director General of Lagos State Pension Commission in recognition of his outstanding performance and accomplishments in the financial sector.
Obilana who takes over from Mrs. Folashade Onanuga becomes the 3rd Director-General of Lagos State Pension Commission
Until his appointment, Obilana was the Executive Director, Business Development and service Stanbic IBTC Asset management.
An erudite scholar, He graduated from the University of Lagos with a BSC (Hons) in Actuarial Science.
He holds an MBA from the famous Obafemi Awolowo University Ile-Ife, Osun State.
He is an alumnus of Lagos Business School for senior management programme (SMP).
His robust career spans over 28 years from different financial Institution such as ARM Pension managers where he was a pioneer staff responsible for business development.
As the new Director-General of the Commission, he has promise to bring his wealth of experience and knowledge to bear at the agency, this was disclosed in a meeting with top management of the agency in his office on Tuesday 9th of June 2020, he appreciated Mr. Governor, Babajide Sanwo-olu for giving him the opportunity to contribute his quota to the upliftment of Lagos State.
According to Mr. Obilana, He promise to build and improve on the accomplishments of his predecessor.
In conclusion he sought for the cooperation of all and sundry most especially the staff of the Commission.
He is happily married with children.
Nigerians are expected to pay higher electricity tariff from July 2020, the Minister of Power, Sale Mamman, insisted on Tuesday.
Mamman disclosed this in his presentation at an investigative public hearing on: “Power Sector Recovery Plan and the Impact of COVID-19 Pandemic” organized by the Senate Committee on Power, in Abuja.
The Minister noted the controversial increase would have taken effect in April 2020 but was postponed till July 2020 due to the COVID-19 pandemic and widespread “apathy” towards the increase by Nigerians.
Mamman said: “The impact of the COVID-19 pandemic has also affected our laid out plan for the repositioning of the electricity market towards financial sustainability under the Power Sector Recovery Programme (PSRP).“Initially, the Regulator, following the completion of public consultation on tariff review, planned on conducting a tariff review in April 2020.
“However, due to COVID-19 and customer apathy, the proposed tariff review was delayed by 3 months.
“The impact of this means the subsidy being incurred in maintaining the current tariff level had to be maintained till July 2020 when the proposed tariff review will be implemented.”
He noted the challenge of the nation’s power sector is facing in the development and expansion of our transmission line is “budget and release of FG’s commitment in the estimated sum of N32billion primarily for Right of Way acquisition and environmental impact mitigation. The fund should be provided for in the 2020, 2021, and 2022 Appropriation of the Ministry of Power.”
The deputy national secretary of the All Progressives Congress, Victor Giadom has resumed office as the party’s acting national chairman following Comrade Adams Oshiomhole’s suspension.
According to reports, Giadom said he has cancelled the governorship screening exercise which disqualified Governor Godwin Obaseki of Edo.
He has also asked the aspirants to reappear for a new screening.
Obaseki on Tuesday resigned from the ruling APC.
More to follow…
First Bank of Nigeria Limited on Tuesday announced that one of its staff at its Marina, Lagos branch, has tested positive to coronavirus (COVID-19).
According to a statement by the bank, all staff of the branch have been asked to go on self-isolation and get tested, while the branch and its entire vicinity have been thoroughly disinfected.
“We have just confirmed that one of our staff working in FirstBank, Marina branch has tested positive to COVID-19 on 15 June 2020.
“In line with our COVID-19 emergency response plan, we have immediately activated our established incident management protocols. These include asking all staff of the branch to go on self-isolation and get tested.
“In addition, we immediately swung to action and have thoroughly disinfected the branch and the entire vicinity overnight.”
The lender, while reiterating its commitment to the safety of its staff, customers, and host communities, however, disclosed that a fresh team have been deployed to the branch with brand new personal protection kits and equipment.
“We have brought in a fresh team of our staff who have been given brand new personal protection kits and equipment to work with therefore, ensuring that there is no risk to any staff working out of the branch or any customer who chooses to bank with us at the same branch.
“Staff of the branch, whose tests are ongoing now, will not be returning to work until they are medically certified.
“The impact of COVID-19 has become the new norm and as we learn to live and deal with it. Swift, effective and decisive response in dealing with the challenges as they arise to ensure minimal disruption to service is critical as our new reality,” the statement added.