Nigeria’s leading financial institution, Stanbic IBTC Holdings PLC, has highlighted its array of solutions to support businesses in the country to make the most of 2021.
The solutions on offer are geared towards providing access to flexible funding for small, medium and large-scale enterprises thereby addressing inadequate access to capital, exposure to international markets and inherent challenges plaguing local and international trade. The solutions also allow organisations to take advantage of joint partnerships without the risk of losing capital and benefit from medium to long term investment solutions that help businesses in maximising their resources.
Commenting on the offerings, Wole Adeniyi, Chief Executive, Stanbic IBTC Bank PLC, said the solutions were designed to support SMEs and address its customers’ trade and financial needs.
“Over the years, Stanbic IBTC Holdings PLC, as Nigeria’s leading end-to-end financial services provider, has remained at the forefront of providing financial solutions to business enterprises in the country, while offering Nigerian importers access to its global presence through its Africa China Agent Proposition (ACAP),” Adeniyi said.
Targeted at business owners who import goods from China or have trade dealings with China, ACAP, through Stanbic IBTC Bank PLC, links Nigerian importers to Chinese exporters, facilitates payments and ensures the successful completion of their trade dealings.
“Leveraging Stanbic IBTC’s network of Chinese agents, with client satisfaction being the cornerstone, ACAP offers a broad ecosystem of services, solutions and support, which equips African and Chinese businesses to leverage trade and growth opportunities to drive Africa’s growth. The ACAP solution, which has been termed ‘game-changer’, eases the cashflow worries of African importers by providing access to finance while also empowering the importers to have end-to-end visibility of the entire importation and logistic process,” Adeniyi said.
Likewise, the Stanbic IBTC Trade Club offers business owners exposure to meet and trade with suppliers anywhere in the world, thus giving them the needed exposure for their businesses to thrive.
With the increasing clamour for diversification of the nation’s economy from crude oil, Stanbic IBTC has also highlighted its Agribusiness solution, which is geared at providing financing options to stakeholders in the agriculture value chain. Simultaneously, Vehicle Asset Financing (VAF) is targeted at financing heavy machines needed for business or personal purpose.
Commenting on the importance of investment diversification, Oladele Sotubo, Chief Executive, Stanbic IBTC Asset Management, stated that investors should take advantage of the opportunities in the stock market via vehicles such as the Stanbic IBTC Exchange-Traded Funds (ETFs) and equity-focused Mutual Funds which provide a diverse range of investment portfolios well-suited for medium to long-term investing.
According to him, they are specially designed for investors with higher risk appetite suitable for investing in the Nigerian stock market, which returned circa 50 per cent in 2020. Sotubo emphasised that these funds provide a unique opportunity for individuals and organisations to invest in a portfolio of professionally-managed listed securities, thereby stretching their financial resources to earn even more over an extended period.
However, the organisation notes the importance of minimising risk and transacting with trust, without the fear of losing in the event of an eventuality. This is why the Stanbic IBTC Escrow Services are a necessity at this time. Tailored at ensuring the security assets including funds, an Escrow account offers buyer-seller protection such that buyers can deposit their money and the Trustee or Escrow Agent initiates payment only when the seller delivers the required goods in line with the Escrow Agreement terms. This way, both parties in a trade deal are protected and businesses can thrive.
Still, in line with minimising risk, Stanbic IBTC is also emphasising the need for businesses to obtain the fire and special perils insurance coverage in order to protect against unexpected loss that may arise from natural disasters or malicious intent.
Stanbic IBTC also offers its corporate client’s digital offerings such as Mobile App, Enterprise Online, *909#, Contactless POS, C’gate, PrimePay, Paywithlink and so on, to make business transactions easy and seamless.
While wishing everyone a prosperous new year, the Stanbic IBTC Bank Chief Executive, Wole Adeniyi, urged existing and prospective customers to take advantage of the array of solutions aimed at supporting business efforts in 2021.
To sign up on any Stanbic IBTC offering(s) of interest, kindly visit here
BUA donates 3 Emergency COVID-19 ambulances, 100,000 facemasks to Yobe
BUA Group has donated three ambulances and 100,000 facemasks to the Yobe State Government.
As COVID-19 cases continue to rise across Nigeria, BUA has donated three ambulances and 100,000 facemasks to the Yobe State Government as part of its social support and humanitarian commitment to combat the COVID-19 pandemic in the country.
Presenting the donations on behalf of the Chairman of BUA Group, Abdul Samad Rabiu at the Government House, Damaturu, Aliyu Idi Hong, Director of Government Relations, BUA Group commended Governor Mai Mala Buni of Yobe State for his tireless efforts in curbing the COVID-19 pandemic in the state.
According to Hong, “So far, the Chairman of BUA Group, Abdul Samad Rabiu has given more than 8 billion Naira worth of support to towards the fight against COVID-19 in Nigeria.”
“With the second wave spreading across Nigeria, we are expanding the scope of our intervention to various states and will continue to support initiatives aimed at helping to curb the spread of the virus in Nigeria,” Hong added.
Reacting, Governor Buni thanked Abdul Samad Rabiu, Chairman/Founder BUA Group, for his humanitarian gesture to the nation especially to Yobe State noting that the “donation is coming at the right time because of the second wave of the pandemic”.
The governor reminded the Yobe people to adhere strictly to the covid-19 preventive measures by wearing facemasks, keeping social distancing and washing their hands
Another First! Wragby becomes a Microsoft Azure Expert Managed Service Provider (MSP)
This makes Wragby the first Microsoft Partner in Nigeria and West East Central and Sub-Saharan Africa to achieve this!
Wragby Business Solutions & Technologies Limited (Wragby) has achieved the Microsoft Azure Expert Managed Services Provider (MSP) status, maintaining high proficiency in assessing, migrating, building, deploying, optimizing, and managing business solutions on Azure. This makes Wragby the first Microsoft Partner in Nigeria and West East Central and Sub-Saharan Africa to achieve this!
“We are super proud to be awarded this designation as a Microsoft Azure Expert Managed Service Provider. It is yet another proof to the depth of our expertise, by ensuring that our technical capabilities and processes meet and exceed the standards of the Azure Expert MSP program. We look forward to achieving more,” – Oluyomi Alarape , MD/CEO Wragby
Participation in the Azure Expert MSP program is granted to partners that meet several requirements, including verified customer delivery and technical expertise tests, as well as successfully complete an independent audit of their managed services, equipment, processes, and technologies. Providers must hold Microsoft Gold Cloud Platform competency, maintain end-to-end managed support for Azure, and provide multiple customer references of Azure managed service projects delivered over the last 12 months.
The Microsoft Azure Expert Managed Service Provider program is designed to give businesses migrating to the cloud confidence that their chosen partners have demonstrated the highest degree of capability to deliver repeatable high-fidelity managed services on Azure.
According to Akin Ayodele- Chief Technology Advisor at Wragby the attainment of the Azure Expert MSP Certification Wragby has once again demonstrated in very concrete terms her commitment Towards supporting our Customers journey and experience in the use of the Microsoft Azure Intelligent Cloud Platform family to exploit solutions and Innovations to realize their digital transformation objectives.
This recognition validates Wragby’s ability in orchestrating and integrating various services on Azure including cloud infrastructure, IoT services and application migration skills, as well as the ability to deliver value to customers by offering proactive monitoring, automation, and management of their Azure environments.
In the current ever-changing Business Landscape, Businesses need a greater level of auto-scaling to Increase Operational efficiency, be more Agile and deliver excellent customer experience through technology services. Businesses therefore need to auto-scale to meet their technology demands & save cost through Excellent but Cost-Effective Managed services.
Our Best-in-Class Digital Advisory Team has high proficiency in assessing, migrating, building, deploying, optimizing, and managing business solutions on Azure, using proven processes and tools. This is evident by our recent attainment of the Microsoft Azure Expert Managed Services Provider (MSP) status,
Meet IT demands & Save cost through our Expert Managed Services offer which includes:
- Integrated IT service management of workflow/automation
- App Migration/Modernization Services
- Infrastructure Configuration & Management
- Business Continuity, Backup and Disaster Recovery
- Data Protection
- Storage and Patch management
- Security and Identity management
- Cloud Advisory Services…plus more
We work with various teams for efficient delivery either On-premise, Hybrid, or in a Public Cloud.
We are just a call away. Contact us at www.wragbysolutions.com
How artificial intelligence is changing the narrative in Forex and crypto trading
Artificial Intelligence is the most efficient, simple, safe, and affordable way to invest money and trade the Forex Market.
You have probably already heard about Artificial Intelligence (AI) and how it is helping people across various industries in many daily activities. According to JPMorgan, nowadays, 90% of trading is run by computers, algorithms, and passive managers. This means that if you want to invest, you will need equivalent trading tools to compete.
What is AI and How does it work in Forex Trading?
Artificial intelligence is a developed Powerful Automated Trading Robot (AI) that can make projections about the forecast of forex market prices and automatically trade for you in your Broker’s account. It is the most efficient, simple, safe, and affordable way to invest money and trade the Forex Market.
From research so far, fundamental and manual forex trader’s account is about 10% of Forex Trading Volume, so how do you compete against super-fast trading systems with humans or manual trading system? With the use of AI trading, anyone in the world can trade efficiently and increase the chances of achieving above-average forex returns, regardless of the level of trading experience.
The dynamics of the market have changed, and we must agree that we need machines to do many things better, especially in the field of the forex trading market. From this point of view, the providers of manual forex signals and analysis are no longer a great choice. AI is the best forex trading solution.
Unlike humans or other technological resources, AI can make an enormous number of accurate decisions in a fraction of the time, down to milliseconds. These skills make AI an enormously powerful tool for use in forex trading.
To learn more about the use of Artificial Intelligence, click FxPrimeBolt