In commemoration of the 2021 International Day of Education, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, reaffirmed its commitment to providing support and ensuring accessible education to the Nigerian child.
The United Nations (UN) proclaimed 24 January as the International Day of Education, in recognition of the impact of education in bringing sustainable development across the world. The 2021 International Day of Education is themed: “Recover and Revitalise Education for the COVID-19 Generation.”
Speaking on the relevance of the celebration to Stanbic IBTC, Wole Adeniyi, Chief Executive, Stanbic IBTC Bank PLC stated: “Our organisation is keen on positively impacting the education sector to drive national development.”
Adeniyi noted that eucation serves as one of the core pillars of Stanbic IBTC’s CSI initiatives. He emphasised that the end-to-end financial institution would continue to show its unrelenting support towards growth in the Nigerian educational system.
According to him, “we embark on several initiatives aimed at improving education for the Nigerian child, even in the heat of the COVID-19 pandemic when many students struggled to keep up with learning during the nationwide lockdown.”
Stating some of the giant strides taken by Stanbic IBTC to promote effective learning amid COVID-19 disruptions, Adeniyi highlighted that the company had been actively involved in empowering the younger generation with financial literacy knowledge through its “New School Money Initiative”.
Wealth certified professionals in the organisation educated preteens and teenagers on how to develop a savings and investment culture through virtual sessions. They shed more light on subjects to distinguish between wants and needs, assets and liabilities, and the importance of making the right financial decisions. These were effectively communicated using simple, relatable videos and illustrations.
Referencing the International Day of Education theme, Adeniyi further stated that Stanbic IBTC leverages technological innovations to facilitate the provision of quality education in Nigeria.
“Through our CSI initiative, we prioritise the refurbishment of dilapidated schools to create a more conducive environment for our children to learn. We support teachers with better welfare and provide e-libraries, books, computers and other digital tools to aid effective learning for students,” he said.
Stanbic IBTC has also continued to demonstrate its commitment to the development of education in Nigeria through its various educational products to secure the future of young Nigerians. Some of the products include the Children Educational Savings Scheme Account (CHESS), Stanbic IBTC Education Trust (SET) investment scheme and BluEdge, which offer bespoke financial solutions that support Nigerian parents and guardians with various funding options for their children and wards. In the same vein, the leading end-to-end financial institution empowers young Nigerians to access quality education through its JAMB Scholarship Scheme.
“The celebration of the International Day of Education is an opportunity to reiterate our commitment to the growth of education in Nigeria. At Stanbic IBTC, we understand the importance of education in shaping the future of the nation, and we are committed to providing opportunities that guarantee access to quality education for every Nigerian child,” Adeniyi concluded.
M36 redefines digital investing in Nigeria
Offers investors the ‘Freedom to Choose’
M36, a new digital platform designed to deliver a wide range of investment products directly to individuals, has launched in Nigeria. Through an innovative, user-friendly app, M36 offers investment options not typically available on self-service digital platforms including foreign currency transactions, commercial papers, local and foreign-denominated bonds, treasury bills and other fixed-income products.
M36 also offers bespoke solutions for both new and experienced investors as well as a 24-hour lifestyle concierge service to meet the needs of discerning customers.
In a rapidly evolving environment with changing consumer behaviour fueled by technology and growing access to information, M36 is looking to expand opportunities for investors at all levels, while also simplifying the process of investing.
M36 was developed by Union Bank as part of its strategic focus on delivering superior customer solutions leveraging technology and innovation. The Bank partnered with several asset management companies to deliver the broad range of investment products on the M36 platform.
Chuka Emerole, Head, Treasury at Union Bank said about M36:
“M36 eliminates the traditional barriers to investing and offers investors direct access to financial instruments that would usually require the service of an investment or relationship manager. We’ve designed M36 to ensure simplicity in the onboarding and investing process while also empowering the customer to make sound investment choices based on their financial objectives. We worked with key partners to deliver both the experience and products on M36 and are confident that we have launched a superior product in today’s marketplace.”
With the 24-hour concierge service, M36 users can access round the clock support from investment advisors as they actively manage their portfolios.
M36 also offers loans, personal travel allowance, will and trust services and many more essential products under its Life Essentials menu.
M36 is available for download on the App store and the Google Play Store. For more information on M36, visit https://m36ng.com/
Note to editors:
M36 is a digital investment platform offering a range of investment opportunities for investors of all levels through a self-service app.
In addition to its robust investment product offering, M36 provides access to investment advisors; life-essential products and services and a 24-hour lifestyle concierge, combining simplicity and functionality to deliver a seamless user experience.
The M36 app is available for download on the App Store and the Google Play Store. For more information on M36, visit https://m36ng.com/
Media Enquiries: Email [email protected]
Zullum, Buni unveil Hajj Savings in Borno, Yobe
…Jaiz Bank to open branch in Damaturu soon.
The Executive Governors of Borno and Yobe states, Babagana Umara Zullum and Mai Mala Buni have officially unveiled Hajj Savings Scheme in their respective states.
In Maiduguri, Borno state capital, Zullum said his administration will always support programs that have positive economic impact to the public such as Hajj Savings Scheme.
He urged all Muslim ummah to use this opportunity in order to answer the call to Hajj being one of the pillars of Islam, urging all stakeholders to give the scheme the best publicity it deserves.
The governor represented by Commissioner, Religious Affairs, Abacha Umar, said the new scheme is capable of transforming the hajj operations to international standard and best practice.
In Damaturu, Yobe state capital, Wednesday, Mala Buni said his administration will provide all supports needed to ensure the success of the new scheme in the state.
He commended the management of Jaiz Bank for their commitment towards opening the Damaturu Branch in the nearest future which he said will provide alternative solutions to the financial transaction for the people of the state.
He commended the efforts of the National Hajj Commission of Nigeria (NAHCON) and Yobe State Hajj Commission for their tireless effort in making sure that the pilgrims welfare keeps improving year after year.
The Managing Director, Jaiz Bank Plc, Hassan Usman explained that with the take-off of the scheme, NAHCON and states pilgrims welfare boards can have the liquid funds required to effectively plan hajj operations early, thereby securing better bargain for accommodation and other services for their pilgrims.
Usman represented by North East Regional Manager, Baba Njidda and Head of Corporate Communications of the bank, Halima Ishaq in Yobe and Borno respectively said the bank is committed to this journey and “we are ready to support it with best-in-class technology infrastructure as well as safe investment management practice.”
The Executive Chairman, Yobe Hajj Commission, Alhaji Bukar Kime said with this type of sensitisation and training by NAHCON and Jaiz Bank the success of the scheme will be achieved in sha Allah.
NAHCON Charman, Barrister Zikilullah Kunle Hassan, represented by the Commissioner in charge of North East, Abba Jato said the introduction of the Scheme is part of the transformation of the hajj operations for efficiency and cost reduction.
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