In response to the recent announcement by the Central Bank Nigeria (CBN) that recipients of international remittances can now receive their funds in Dollars or to have funds paid directly into their domiciliary accounts, Access Bank plc has announced that customers can visit any of their branches nationwide to receive funds sent from family and friends abroad in US Dollars effective immediately.
Victor Etuokwu, Executive Director, Retail Banking, Access Bank plc, in a statement to the press said “As part of our promise to create value and meet the needs of our customers, we are happy to announce that our customers can now receive funds sent from the diaspora in Dollars at any of our branches nationwide. The funds will be available as cash pick-up or direct transfer into customers’ domiciliary accounts.
The bank’s promise to deliver “More than Banking” services is even more critical at this time as customers are looking for convenient products and services that facilitate their lifestyle and our remittance services are available to both customers and non-customers of Access bank.
We encourage Nigerians in the diaspora to take advantage of this season of giving, to send funds home for their loved ones, who in turn can receive either by opening an Access bank domiciliary account or reactivate their inactive domiciliary account and the funds will be paid directly to their accounts or visit any of our 500 branches nationwide to receive their funds in USD cash. We maintain a strong relationship with our remittance partners: Western Union, MoneyGram, Ria, WorldRemit, Transfast, Paysend, Shift, Sendwave and other international money transfer services and we are committed to delivering excellent service to all our customers” Victor concluded.
Access Bank, over the years, has leveraged technology including advanced analytics, cloud computing, artificial intelligence, machine learning and robotics process automation to reform business operations and drive performance to improve customer experience.
ASR Africa donates N1bn to the University of Ibadan as part of its Tertiary Education Grants Scheme
…commences project initiation process in collaboration with University.
The Abdul Samad Rabiu Africa Initiative (ASR Africa) has commenced project initiation consultations for its N1billion grant to Nigeria’s foremost University, the University of Ibadan, as part of its ASR Africa Tertiary Education Grants Scheme. This was announced at a presentation of the grant to the management of the university and comes barely a month after the ASR Africa Initiative donated N1billion to Ahmadu Bello University towards the provision of student housing and a faculty building.
The initiative, whose core areas of intervention are Education, Health and Social Development in Africa focuses mainly on equipping facilities, researchers, healthcare practitioners and community-level service providers and also supporting the efforts of various Governments in Nigeria and Sub-Saharan Africa.
Represented by Dr. Aliyu Idi Hong, the Chairman of ASR Africa, Abdul Samad Rabiu said, “We are committing 100million dollars annually for social development, health and education intervention in Nigeria and Africa through the ASR Africa Initiative. Of this amount, 50million dollars is being committed to Nigeria and another $50million for the rest of Africa. As part of the initiative’s Tertiary Education Grants Scheme, N1billion each has been allocated to 6 universities across Nigeria. Subsequently, more interventions will be done in the areas of health and social development”.
On his part, the Acting Vice Chancellor of the University, Prof. Adebola Ekanola thanked Abdul Samad Rabiu and ASR Africa for the gesture stating that, “This is an important intervention for the University of Ibadan. It will meet some of our most pressing needs which will also impact on our capacity to achieve the core objectives of the University of Ibadan.
“We believe that these projects we are proposing for the grant sponsorship will empower the University of Ibadan to be more efficient and effective in teaching, research and community services. It will also empower us to train our students in ways that would make them to be globally competitive.
“This initiative will go a long way in revamping our educational sector in Nigeria with specific reference to the university system in the country”.
ABOUT ASR AFRICA
The Abdul Samad Rabiu Africa Initiative seeks to support sustainable development initiatives in the Health, Education and Social Development within Nigeria and the rest of Africa, every year. For more information visit asrafrica.org or email asrafrica[at]buagroup[dot]com
N1m up for grabs with Quickteller Business contest
To join in the contest, entrepreneurs are to post a 1-minute video of themselves explaining how N1 million will boost their businesses.
Interswitch has announced a virtual pitch tagged ‘Boost your business with Quickteller’ where one business owner has the opportunity to win N1 million cash. The promo is believed will help businesses signed onto the Quickteller Business platform boost their business further.
To contest for the prize money, business owners are simply required to complete their account activation on Quickteller Business and they stand a chance of winning.
To join in the contest, entrepreneurs are to post a 1-minute video of themselves explaining how N1 million will boost their businesses. The videos should be uploaded on Facebook, Instagram, Tiktok or YouTube with the hashtag #boostwithquickteller. To submit an entry, business owners are required to paste their post’s URL in the video URL section of the entry form on the Quickteller Business site, share the entry with friends and family and invite them to vote.
They must register and activate their businesses on the Quickteller Business platform using the referral code ‘Boost’. Any entry without a referral code will be rendered invalid.
Speaking about the promo, Cherry Eromosele, Group Chief Marketing and Communications Officer at Interswitch noted that the promo is important to Interswitch as it helps business owners – not only to boost their businesses – but to provide solutions that addresses some of the pain points of business owners. “At Interswitch, we are committed to growing the business community by providing simple and scalable payment solutions because it is critical to their growth and essentially to the national economy at large,” she added.
The Quickteller Business platform provides seamless payment solutions for businesses and their customers. The platform is an intuitive and robust one that enables businesses of all sizes, small, medium, large, to take their businesses online even if they did not have prior technology infrastructure or website.
The top 10 entries with the highest votes by 11:59pm on Friday, April 30, 2021 will qualify to participate in the grand finale.
Apart from the numerous benefits enjoyed on the Quickteller Business platform, such as generating invoices to track sales and payments, customized storefront to display products and brand image, backend access to manage inventory, dispute management options to settle chargebacks and refunds, the platform further exposes its users to a ready market of over five million potential customers from Nigeria, Gambia and Kenya.
On the Quickteller Business platform, business owners can get paid by anyone, from anywhere without hassles. From massive corporations to smaller tech-savvy businesses, Quickteller Business makes payment easy for entrepreneurs and their customers.
About Quickteller Business
Quickteller business provides various payment tools for freelancers and small businesses operating without a website to receive payments easily. The platform seamlessly integrates with your existing website or store to provide various payment options.
Interswitch is a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa. Interswitch’s vision is to make payments a seamless part of everyday life in Africa, and its mission is to create transaction solutions that enable individuals and communities to prosper across Africa.
We began in 2002 as a transaction switching and electronic payments processing business, building and managing payment infrastructure, delivering innovative payments solutions and driving transactions across Nigeria and other African markets. We provide secure solutions and services that facilitate convenience and real value for consumers, businesses, governments and other organizations, helping to reduce costs, improve operational efficiency and drive sustainable revenue growth.
Nairametrics | Company Earnings
Access our Live Feed portal for the latest company earnings as they drop.
- FCMB approves FY 2020 dividend pay-out of N2.97 billion to shareholders.
- Africa Prudential Plc posts profit after tax of N381.35 million in Q1 2021.
- Sovereign Trust Insurance Plc notifies stakeholders of 26th Annual General Meeting.
- Dangote Cement Plc to hold AGM on May 26th
- Linkage Assurance Plc proposes N500million as final dividend for 2020, and a bonus issue on its existing shares.