As the 8th edition of the Social Media Week Lagos kicked off on Monday, February 24, 2020, leading financial services group, Stanbic IBTC Holdings PLC, has made a bold statement at the event by sponsoring two masterclasses which held on Monday, February 24 and Wednesday, February 26, 2020.

The first was on the theme “Tech and Financial Inclusion” while the second was on “Agric-tech Youth Empowerment”.

The SMWLagos, holding at the Landmark Event Centre, in Oniru, Lagos, is a week-long conference aimed at creating opportunities for Africa’s most innovative minds. The event also provides ideas, trends, and insights for professionals in business, marketing and technology.

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The first of the masterclasses on “Tech and Financial Technology” held on day one and was facilitated by Stanbic IBTC Bank PLC. It enlightened attendees on the impact of technology in driving financial inclusion in Nigeria.

Guests at the panel session were: Nkemdilim Begho, Founder and Managing Director of Future Software Resources Limited; Wole Adeniyi, Executive Director, Personal & Business Banking at Stanbic IBTC Bank PLC; Dayo Odulate Ademola, Head of Innovation – EFInA and Femi Omogbenigun, Managing Director/CEO of 3Line Card Management Limited. The session was moderated by Emmanuel Aivhevba, Head of Customer Digital Channels at Stanbic IBTC Bank PLC. Each panelist was thoroughly positioned for the topic of discussion.

The masterclass, among other things, examined data on financial inclusion in Nigeria, and it was generally agreed that in order to achieve Nigeria’s financial inclusion target for 2020 and beyond, technology will play a major role.

Speaking at the masterclass, Wole Adeniyi reiterated the importance of technology in the hyper-connected world in which businesses operate today. He spoke of the need to maximize the use of technology in order to achieve Nigeria’s financial inclusion target for 2020 and beyond.

Stanbic IBTC Holdings PLC, as a leading financial institution, ensures a seamless process for financial inclusion in Nigeria and has created several platforms to encourage the inclusion process by democratizing access to financial services. An example is the @ease wallet which when you open, enables you to access a broad range of financial services within two minutes.

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Emmanuel Aivhevba, who anchored the masterclass also shared some insights on the need to bridge the financial inclusion gap in Nigeria by creating more awareness and innovative offerings, to improve customer experience.
The session ended with a closing remark by each panelist after they answered questions from the attendees.

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