The Central Bank of Nigeria (CBN) and the Bankers’ Committee of Nigeria, on Thursday, October 31st, 2019 joined the rest of the world to commemorate the World Savings Day.
Themed “Savings Give Life a Lift”, the engagement events across 565 local governments, reached over 80,809 students in 642 schools to increase public awareness and empower them with information on the importance of building a good savings culture, both for their financial future, as well as encouraging a sense of discipline and planning.
This initiative also encompasses the CBN & the Bankers’ Committee’s drive to bridge financial literacy and inclusion, particularly for children in Nigeria. As part of activities marking the 2019 World Savings Day, Bank CEOs and their employees visited schools across the country to tutor and mentor students and youths on the transformative power of imbibing a good savings culture.
Speaking on the initiative, Mr. Emeka Emuwa, Chairman, Financial Literacy and Public Enlightenment Sub-Committee (FLPE), said,
“The importance of educating young Nigerians on the benefits of a good savings culture cannot be overemphasized. We are proud to see the financial institutions in Nigeria take up the task of mentoring, educating, & empowering young Nigerians with critical information on building a savings culture, and increasing awareness on the importance of earning, managing and saving money in order to have a secure future. Many of these students are our future Bankers and as such we will continue to develop programmes and activities that will further empower them.”
Financial inclusion is a constituent pillar of the Bankers’ Committee mandate, making initiatives like this critical to the goal of increasing the number of financially included citizens in the country. The World Savings Day is observed annually across the globe to raise awareness on the importance of building a good savings culture, aimed squarely at ensuring the next generation is empowered with important financial awareness and literacy, needed to enhance economic prosperity and continue to improve poverty reduction.
AIICO partners NGO to feed underprivileged community
AIICO Insurance in collaboration with an NGO brought food items to residents of a Lagos community.
AIICO Insurance PLC, in partnership with We Stand Foundation, recently organized a Feeding Relief Programme to cater to the needs of underprivileged people in Lagos. Three hundred (300) families within the Iwaya community, Yaba, were beneficiaries of the relief packages which include a variety of food items and reusable nose masks.
According to Abimbola Shobanjo, AIICO’s Corporate Responsibility and Sustainability Manager, “It was indeed a great delight to bring smiles to the faces of these people. Besides solving hunger, we also considered their wellbeing a high priority in view of the need to continue to keep safe. We leverage on key partners to spot opportunities and drive these initiatives.”
The MD/CEO, Mr. Babatunde Fajemirokun, stated, “This endeavour is reflective of our corporate culture of touching lives and impacting communities. These are challenging times and we are mindful of the impact. We have a long-term plan in place to ensure the sustainability of these efforts.”
It will be recalled that AIICO organized a similar programme during the lockdown period where food and other health and safety packages were distributed to people in different communities to mitigate the impact.
AIICO Insurance is a leading composite insurer in Nigeria with a record of accomplishment of serving its clients that dates back over 50 years. Founded in 1963, AIICO provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individuals, families and corporate customers.
Enjoy more value for voice and data with 9mobile’s reloaded Moreflex-plus
New and existing subscribers are in for incredible value in voice calls and data subscriptions.
This new offer affords new and existing subscribers the opportunity to receive a combined value of voice call and data for one subscription on a Moreflex plus bundle.
To enjoy this exciting package, subscribers need to dial *320#, and those who purchase a weekly N500 bundle on MoreFlex plus would receive 500MB and voice call minutes of N1000.
A N1000 14 days bundle subscription on Moreflex plus will attract 1.5GB, and voice call minutes of N2000; 3GB and N4000 voice call minutes will be credited for a purchase of Moreflex plus N2000 monthly bundle.
According to the Acting Director, Marketing, 9mobile, Layi Onafowokan, the introduction of Moreflex-Plus shines the spotlight on 9mobile’s commitment to superior customer experience through offering innovative alternatives in the market that guarantee the best value for spend.
“With the relaunch of Moreflex plus, our customers, and indeed, all Nigerians can be assured that we are poised to roll out more creative offerings with the best value at the most affordable rates for everyone,” Onafowokan added.
Moreflex-plus is 9mobile’s all-in-one package reputed for unbeatable value through its unique bundled voice and data resources.
OPay and WorldRemit partner to offer International Mobile Money Transfer Service
Partnership ensures customers continue to make affordable money transfers to family and friends.
Nigerian financial service technology company, OPay has announced a partnership with leading global digital payments platform WorldRemit, to offer international money transfers directly into OPay mobile wallets in Nigeria.
The partnership between OPay and WorldRemit will provide Nigerians with a fast, easy and more affordable way to receive money from over 50 countries including the United States, United Kingdom and Canada directly into their mobile phones.
“We are very excited about our partnership with WorldRemit. At OPay, our goal is to consistently drive financial inclusion across Nigeria, meeting the demands of the banked and unbanked. With this partnership, we will smoothen the process in which Nigerians receive money from friends and family abroad,” says Kunle Olamuyiwa, Director of Remittance Service at OPay.
With our seamless technology, OPay provides Nigerians with a much more comfortable and faster option for customers to receive money in the comfort of their homes. Our 300,000 agent locations spread across the country makes cash withdrawals more convenient,” Olamuyiwa adds.
OPay also offers an exciting opportunity for customers to save and invest their money in its FlexiFixed service, which offers up to 12% returns per annum.
The service, which launches in September 2020, is immediately available to all OPay customers on KYC 2 level and above. New customers can download the Opay app from the Google Playstore or iOS store and upgrade to KYC level 2 to instantly access the service.
“This partnership ensures that customers can continue to make affordable money transfers to their family and friends in the comfort of their homes. Together WorldRemit and OPay are disrupting traditional money transfer methods by delivering services that customers can access 24/7 via smartphones at their convenience.
“I’m pleased to share that we’ve reduced prices in 48 corridors and passed the savings onto our customers. With communities across the world having to change their lifestyles due to the disruption caused by Covid-19, we’re proud to play our part in making sure our customers can continue to support their family and friends throughout this challenging time,” says Gbenga Okejimi, Country Manager for Nigeria & Ghana at WorldRemit.
For details visit https://operapay.com/remittance/
OPay is a leading mobile money (MMO) and financial technology platform in Nigeria. Currently, it has a network of 300,000 agents, 5 million registered app users, and an ever-increasing range of financial and related services for Nigerians.
OPay launched its mobile payment service in August 2018, creating an infrastructure on which the company is now also adding new services. The agent-centric mobile payment operation focuses on reaching the massive unbanked population of Nigeria.
WorldRemit is a leading international payments company that enables users to transfer money to countries, including the Philippines, Kenya, Nigeria, Zimbabwe, and India, as well as choose whether transfer is received as a bank deposit, cash pickup, mobile money, and airtime top-up. The company was founded in 2009.