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More Xtravaganza: Access Bank set to give customers more rewards this season

Access Bank Plc has unveiled a campaign tagged ‘More Xtravaganza’ which will run from November 21 to December 31, 2019.

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More Xtravaganza: Access Bank set to give customers more rewards this season
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Nigeria’s leading retail bank Access Bank Plc has unveiled series of exciting rewards for its customers to celebrate the yuletide season. The campaign tagged ‘More Xtravaganza’, will run from November 21 to December 31, 2019.

Speaking at the launch of the campaign in Lagos, Victor Etuokwu, Executive Director, Retail banking, Access Bank plc said “Access Bank is passionate about its customers and everything we do is centred around giving them more. This season, we have decided to launch this campaign to end the year on a high note in celebration of our customers. We appreciate them for their loyalty and support and this is our own way of saying thank you to them.

The More Xtravanganza campaign further demonstrates our promise to provide customers with the best banking products and services whilst rewarding them for banking with us. We will be rewarding 50 active and inactive Diamond Business Advantage customers with one-month free advert broadcast and production for signing up to the Ebony Life Access to Market package or reactivating their accounts respectively,” Victor said.

[READ ALSO: At Large Michaels, we like to reward our customers – Ezeamama(Opens in a new browser tab)]

Commenting further on the campaign, Robert Giles, Head, Insights and capabilities, Access Bank Plc, said “Customers are the reason the bank is in business and they will always come first in our products, processes and services.

To show appreciation for their patronage, we are going to feature three different DiamondXtra draws; Senior citizens draw, Women’s draw and the National quarterly draw this December. We will reward 19 senior citizens who are 50 years old and above, 10 Women in which one of them will win a shopping allowance of N100,000 per month for one year and 9 others will win N300,000 each and of course 1,016 lucky customers will emerge winners from our quarterly draw.”

In an interview with newsmen, Adaeze Umeh, Head, Consumer Banking, Access Bank Plc said, “In the spirit of this yuletide season we will be rewarding our first 100 premium savers with daily airtime when they maintain their account balances for 30days. We are also going to reward the first 200 transfers on the mobile app with airtime. XclusivePlus customers who refer 3 new customers of their subscriber type will win one monthly/yearly plan. This reward will be for the first 200 customers. We will also reward our Early Savers with 20% bonus of their 13th savings for maintaining consistent savings over 12-month period.

To join our winning train, all you need to do is to dial *901#, or walk into any Access Bank branch close to you to reactivate or open new account and start enjoying the More Xtravaganza benefits”. Adaeze concluded.

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Access Bank is committed to delivering products and services tailored to suit the lifestyles of every Nigerian irrespective. To  know more about the Access Bank  More Xtravanganza’  campaign please click HERE.

SSKOHN

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"NM Partners" represent articles published in partnerships with Corporate Organisations, Government and Non-Governmental Institutions, and other stakeholders seeking to publish content on Nairametrics. Content includes Press Releases, Targeted content, and other forms of corporate communications targeted at our readers. Some of these content are paid for.

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Spacefinish is redesigning the future of training academies for banks 

In designing the Purple Academy, Spacefinish infused copious inspiration touchpoints.

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Training academies are an important part of the corporate world. These academies provide access to a rich pool of talent and also equip professionals with the necessary resources to transition into various careers and build their professional networks.

In Nigeria, commercial banks have a considerably high number of training academies. In fact, out of the 22 registered commercial banks in the country, 17 have accredited academies. As the demands for better career experience increase, banks are beginning to focus on the learning experience of their people by investing in learning spaces that provide students and instructors with what they want and expect. A very good example of this is Wema Bank’s Purple Academy designed by Spacefinish.

For a long time, banks’ training institutes have typically functioned around rigidity. From their spatial architecture, learning modes, to furnishings, these spaces hardly allow for flexibility which is a core requirement for the learning space of the future. 

In designing the Purple Academy, Spacefinish set out to create a state-of-the-art corporate learning space that is future relevant and user-centred by focusing on the following shifts:

A Flexible Space That Supports Active Learning

Recent research has shown that learning spaces that are flexible enough to allow users learn how, where and when they want will deliver more impact to professionals. By introducing elements like dynamic modular furniture into the design of the Purple Academy, Spacefinish ensures that users can enjoy endless configuration that accommodate peer-to-peer collaboration or focus work as their various learning situations demands.

Multi-functionality and Blended Learning

Corporate institutions need to reimagine their learning space to allow for blended learning which allows for physical and online learning experiences to take place at the same time. This will produce improved outcomes in the experience of students. The Purple Academy boasts of audio visual features like screens on the wall and ceiling mounted microphones to optimize the experience for remote learners. Also, the lecture theatre spots a collapsible wall that not only inspires users but also enhances the multi-functionality of the space. 

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Engendering Innovation Through Inspiration

Students and instructors want to be a part of something creative and inspiring. However, traditional learning space comes with a lot of inhibition in this regard by being bland and uninspiring. In designing the Purple Academy, Spacefinish infused copious inspiration touchpoints. The library in the Purple Academy reflects the influence of technology on libraries. To portray this, Spacefinish installed tablet-like bookshelves to show how educational materials can now be accessed through digital devices. 

SSKOHN

Wema Bank’s Purple Academy has shown that at a time like this, it has become paramount for corporate institutions like banks to reimagine their learning spaces. Through the intentional design of learning spaces that are flexible enough to promote collaboration and innovation easily, corporate institutions can be assured that professionals can become the best version of themselves.

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Upcoming Flare Network launch and lawsuit win may propel XRP to ATH – PrimeXBT Lead Analyst, Kim Chua

The Flare Network is expected to go live in 2Q2021, which could be anytime between now and June.

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The price of XRP has tripled in value over 2 weeks and subsequently pulled back sharply. Can we expect more upside for XRP, or is the XRP run up over? 

With more positive news and developments in store over the next few months, this run may not be over yet. Other than the edge Ripple has over the SEC in the lawsuit, another reason may send the price of XRP soaring.  

This is related to the Flare Network. Recall that in December last year, before news of the SEC lawsuit broke, investors were getting excited over the Spark (FLR) token airdrop that will be the native token on the Flare Network. That airdrop incited a huge surge in the price of XRP before the SEC lawsuit news sent its price reeling. 

The Flare Network is expected to go live in 2Q2021, which could be anytime between now and June. The launch of Flare Network, with the airdropped FLR tokens to be finally distributed to qualified holders of XRP (those who owned XRP during the snapshot in December), couldn’t have come at a better time to hype up XRP again. 

Not only will FLR tokens be distributed into the accounts of XRP holders, another airdrop will occur around one month after the launch of Flare Network. 

Flare Finance, which is built on the Flare blockchain and designed to power swaps, stable currency, yield farming, asset-backed loans, insurance, and yield mining, plans to offer those same participants another airdrop. The company says it will airdrop DAOFlare token (DFLR) to users who receive Spark. DFLR holders can then swap those tokens for YieldFlare, Flare Finance’s official token. This means additional free money and tools for the same XRP community who have benefitted from the Spark airdrop – certainly reason for die-hard XRP community to be very excited and pleased about and re-hype XRP all over again.

Flare Network’s launch provides another utility for the XRP token since XRP holders are able to buy FLR using XRP, or use their airdropped FLR tokens to mint FXRP that is interoperable with the ETH blockchain. This gives holders of XRP opportunity to participate in ETH-based DeFi and NFT projects to do yield-farming, trade on DEX, and join the NFT mania, which it otherwise was not able to do. This is very exciting news indeed for one more use case for the XRP token.  

Other than the Flare Network launch, another important news that may impact the price of XRP greatly is definitely the result of the SEC lawsuit. Ripple has filed a motion to dismiss the SEC lawsuit, and the SEC will have up to 14 May to contest it. Should the SEC not contest, or should the judge rule in Ripple’s favour, the lawsuit will be dropped. Dropping of the lawsuit will definitely cause the price of XRP to spike again.

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Furthermore, with it becoming clear that people outside Ripple that sell XRP cannot be charged for selling illegal securities, exchanges are beginning to relist the XRP token. A swiss exchange has since announced that is has relisted XRP. Should more prominent exchanges begin to relist XRP again, it could bring the price of XRP up further. Chatters are already in overdrive after a Twitter user speculated that Coinbase was planning to relist XRP. Coinbase however, has not confirmed nor denied the rumour. Should a Coinbase relisting happen, the price of XRP is expected to spike again, regardless of the outcome of the lawsuit. 

SSKOHN

On the technical charts, after extending a solid run from $0.635 to a high of $1.99, XRP has retraced its first up thrust to its 61.8% Fibonacci retracement level at $1.14 and bounced. Its RSI is no longer in the overbought territory. After letting out much froth, XRP can now resume its uptrend in a more steady and sustainable manner towards its ATH of $3.30. The area around $1.00 provides a very solid support that is not likely to be broken. A break above $1.50 could mean that the retracement is over and price will resume on its uptrend again. 

The only risk now, other than a bad surprise in the SEC lawsuit result, is Jed McCaleb, the co-founder and former CTO of Ripple Labs. As one of Ripple’s main contributors, Jed acquired more than 9 billion XRP as part of the compensation plan for his role, and has been regularly selling his stash. However, he is left with only around 2 billion XRP and he is allowed to sell a percentage of XRP’s daily traded volume tabulated in the 2 weeks prior. With the higher trading volume in the last 2 weeks, Jed will be allowed to sell around 40 million XRP per day beginning 18 April. Whether or not he sells is unknown, but it is something traders need to take note of as a potential pressure on price should buyers not be able to absorb his selling. However, Jed’s selling has been well-absorbed all this while without any impact to price and his stash will finish by May if he were to keep selling. This will then remove a huge supply overhang and be good for the price of XRP moving forward. 

As we move closer to the month of May, both the fundamental and technical picture bodes well for XRP. Perhaps the month of May could be the period when XRP tests its ATH of $3.30. If the momentum remains strong, it is possible XRP may even test $3.30 before May arrives.

About Kim Chua, PrimeXBT Market Analyst:

Stanbic 728 x 90

Kim Chua is an institutional trading specialist with a track record of success that extends across leading banks including Deutsche Bank, China Merchants Bank, and more. Chua later launched a hedge fund that consistently achieved triple-digit returns for seven years. Chua is also an educator at heart who developed her own proprietary trading curriculum to pass her knowledge down to a new generation of analysts. Kim Chua actively follows both traditional and currency markets closely and is eager to find future investment and trading opportunities as the two vastly different asset classes begin to converge.

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