Connect with us
Paramount
Advertisement
Ican
Advertisement
IZIKJON
Advertisement
Polaris bank
Advertisement
Binance
Advertisement
Esetech
Advertisement
Patricia
Advertisement
Fidelity ads
Advertisement
Stallion ads
Advertisement
app

Paid Content

Patricia addresses CBN circular’s impact on her services and partnership with foreign payment solutions company; Vaunt

Published

on

The recent CBN circular of February 5th, 2021 to Deposit Money Banks (DMBs) to desist from transacting in/and with entities trading cryptocurrencies has dramatically impacted how we conduct business. On this note, we want to assure all of our customers of the funds’ safety in their respective Patricia wallets.

We understand that there have been challenges and limitations concerning our ecosystem. This policy has had a ripple effect on other services like Airtime2Cash, Refill Services & Gift cards buying and selling.

We have gone ahead to seek solutions that would address our customers’ urgent needs, and we would be rolling them out in the coming days. One of such solutions is our partnership with VAUNT; a foreign payment solutions provider with the sole goal of making money transactions easy, seamless & faster than ever before. VAUNT pioneered its service with its Peer-to-Peer (P2P) payment gateway, which will ease the current strain and challenges they are experiencing and more payment solutions to be introduced to the Nigerian and African market.

We are aware that our customers have been unable to send out their BTC assets and we are working hard to restore this service. We have always been committed to security within our ecosystem; this is why we are heavily invested in rigorous testing to ensure we nip any and every potential risk in the bud before it even occurs. On or before Friday, 26th of February 2021, we will see this service return to optimal capacity after implementing the system upgrades.

We are also very concerned about the potential fraud that can happen as everyone is in a panic state to liquidate their assets and get an instant cash value. We advise that our customers observe the highest levels of security when conducting external trades.

As earlier mentioned, we have plans to roll out other solutions that would make the experience of our customers more effortless than ever. On or before Friday, February 26, 2021, we will unveil the new entity responsible for our Gift cards, Refill & Airtime2Cash services; we would be decentralizing the ecosystem and ensuring other services we render are no longer affected by this policy. They can continue to enjoy the trusted services they have come to know and love. We guarantee improvement on the level of service our customers have come to know and will continuously improve on our commitment and promise.

We take full responsibility for our customers’ challenges with the beta testing of the P2P withdrawal method. We are reassuring you that we are fully committed to fulfilling our promises to you, and we want you to trust us as you have done over the years, we are working hard and fast to ensure all of these challenges are of distant memories.

Thank you for choosing Patricia and keep doing the most.

For more information and inquiries, please contact our support center [email protected]

Yours sincerely,

bitcoin train

HANU FEJIRO AGBODJE
CEO/Founder

Binance

NM Partners represent articles published in paid partnerships with corporate organisations. They include press releases, targeted content, and other forms of corporate communications on behalf of our Paid Partners.

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Paid Content

Fidelity restates support to small business as Enugu First Lady, ABCON commend bank

The webinar is part of concerted efforts to assist entrepreneurs unlock their full potentials and take their businesses to the next level of growth.

Published

on

Fidelity Bank Plc, top Nigerian lender has reaffirmed its commitment to enhancing the productivity and prosperity of Micro Small and Medium Enterprises (MSMEs) in the country by providing capacity building and advisory services, innovative funding options and other forms of relevant support that would significantly improve their overall contributions to national development.

Fidelity CEO, Mrs. Nneka Onyeali-Ikpe gave the assurance at the Fidelity SME National Capacity Building Webinar organized by the bank for entrepreneurs in Enugu State, in collaboration with the Enugu State Ministry of Trade and Commerce and the Enugu SME Centre; Small and Medium Enterprises Development Agency of Nigeria (SMEDAN); Nigeria Association of Small & Medium Enterprises (NASME) and Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA).

The webinar which will take place across the country on a state-by-state basis, is part of concerted efforts to assist entrepreneurs across all sectors of the Nigerian economy develop requisite capacity to unlock their full potentials and take their businesses to the next level of growth.

Mrs. Onyeali-Ikpe who during her remarks on Wednesday provided insights into the bank’s unique approach to managing MSMEs, pointed out that SMEs which are businesses with less than N100m annual turnover contribute about 48 percent of national GDP, account for 96 percent of businesses and 84 percent of employment in Nigeria.

She noted that despite the significant contribution of SMEs to the Nigerian economy, challenges still persist that hinder the growth and development of the sector. Chief among these are funding, lack of infrastructure, poor management, low entrepreneurial skills, improper planning, poor digital skills, etc. The Fidelity CEO however noted that the webinar seeks to proffer appropriate solutions to these challenges in a very practicable manner.

“We have a dedicated SME Desk with innovative products and services to assist your business. Fidelity Bank, in partnership with various private and public institutions provides funding, business advisory services for all our customers. This webinar is an excellent opportunity to network, share information and deepen the SME sector in Enugu State”, she explained.

Themed “Funding and Financial Management”, the Enugu Edition had in attendance special guests including Mrs. Monica Ugwuanyi, First Lady, Enugu State, Sir Robert O. Anwatu, Managing Director/Chief Executive Officer, Roban Stores, and Mr. Chiedozie Atuegwu, Director, Michelle Laboratories Limited, amongst others.

In her remarks, Mrs. Ugwuanyi applauded the bank for its unrelenting support for MSMEs in Enugu State, stating that the Ifeanyi Ugwuanyi-led administration remained at the forefront of SME development in Nigeria as exemplified by its continuous investments in infrastructure deployment and provision of labor policy frameworks to further encourage investments.

Speaking in the same vein, President, Association of Bureau De Change Operators of Nigeria (ABCON) (ABCON) Dr. Aminu Gwadabe commended the bank for its sustained efforts at promoting MSMEs nationwide. Gwadabe noted that the bank had been very supportive to its 5,000 licensed members nationwide. “The Bureau De Change (BDC) does about N1.4trillion per annum. Fidelity Bank controls 60 percent of these transactions in the country”, he explained.

Whilst shedding light on the dynamics of the Bureau De Change sector, Dr, Gwadabe revealed that exchange rate stability was determined by the country’s SME structure. Given the immense potentials inherent in the nation’s MSME space, he said that the fledgling sector, if properly positioned, could assist the Central Bank of Nigeria (CBN) achieve its mandate on exchange rate stability.

Click here to watch the full webinar.

Continue Reading

Paid Content

Due to recent events, is Remitano P2P the remedy for Nigerians to buy Bitcoin in Nigeria?

Remitano P2P crypto exchange is an escrowed marketplace where crypto buyers meet crypto sellers.

Published

on

It’s no longer news that the Central Bank of Nigeria popularly called CBN has placed a ban on cryptocurrency in Nigeria. With this ban in place, it is no more possible for Nigerians to buy Bitcoin from their usual exchanges with their debit cards or directly from their Nigerian bank accounts. What’s worse is that a lot of crypto traders now have their assets stuck in their exchanges as they can no longer withdraw directly to their Naira account. This sudden move by the CBN put the Nigerian crypto community in a state of frustration.

In compliance with the crypto ban, Nigerian commercial banks have begun to freeze the bank accounts of people that are associated with crypto. This ban on crypto placed by the Central Bank of Nigeria has indeed affected the people’s ability to buy bitcoin in Nigeria. A lot of people have now resorted to buying Bitcoin the old fashion way, offline purchase.  Unfortunately, many of these people have been scammed of their hard-earned money simply because they had to deal with some unscrupulous few who set out to defraud those who want to buy Bitcoin. It’s like being stuck between the devil and the red sea!

So the question on every Nigerian crypto lover’s mind is – “How do I buy bitcoin safely without getting my bank account blocked or getting scammed?” Well, the answer to your question is – “Remitano P2P exchange!

What is Remitano P2P Crypto Exchange?

Simply put, Remitano P2P crypto exchange is an escrowed marketplace where crypto buyers meet crypto sellers. With Remitano P2P, you can sell and buy Bitcoin in Nigeria from anyone without fear of being scammed or fear of your bank account being frozen. This is because Remitano acts as an escrow between the seller and buyer to ensure a smooth transaction process.

Remitano P2P is currently the leading P2P platform in Nigeria, South Africa, and several other countries. After being in existence for quite a number of years, Remitano has continuously evolved over the years to provide the perfect marketplace for both crypto buyers and sellers thereby creating a high level of trust in the crypto community.

Remitano is so confident in their ability to deliver that they guarantee all transactions are completed within 15 minutes of initiation. In the event that a transaction is not completed, compensation of 50% of the transaction fee will be refunded to the user.

In addition to this awesome service, Remitano offers the simplest and easy-to-use user interface that anyone with or without computer knowledge can interact with. Remitano also has a responsive and friendly customer service available 24/7 to provide help to buyers and sellers whenever needed.

It takes only a few steps to buy Bitcoin and other cryptocurrencies on Remitano. All you need to do is to choose a buyer you would like to buy Bitcoin from, send the Naira equivalent to the seller’s bank account. Once receipt of payment is confirmed, Remitano releases the Bitcoin into your Bitcoin Wallet.

Find out the exact step-by-step process on how to use Remitano P2P to buy Bitcoin by watching this video.

About Remitano

Remitano is a product of Babylons Solutions Limited based in Seychelles. Remitano’s purpose is to offer a robust, quality trading experience to all users as a fast-moving marketplace. With necessary safety standards in place, buyers and sellers can come together, store, trade, and withdraw assets, thus avoiding issues common to other crypto exchanges.

Launched in 2014, Remitano is a global cryptocurrency exchange serving international markets, such as Malaysia, China, Nigeria, Vietnam, Australia, Cambodia, and Indonesia.

Got Questions?

Reach out to Remitano via:

bitcoin train

Binance
Continue Reading
Advertisement




Advertisement

Nairametrics | Company Earnings