V bank is a digital bank launched on March 8, 2020. In 10 months, we have onboarded over 250,000 individuals and businesses on our app where it takes less than 2 minutes to set up an active bank account.
App users are verified via BVN and have full-fledged banks set up on their phones where they can pay bills, buy airtime and data, Fix Deposits, Set Targets and make free transfers, easily and securely.
On Thursday, 28 January 2021, we unveiled Version 3.0 of the banking app with new features including:
- Debit card management – customers can request, activate, enable/disable and change pins for physical or virtual V cards. They can also save their card details from other banks.
- QR Code – customers can send and receive funds using a unique QR code generated in-app.
- Proximity Payments – easy money transfer to people nearby as long as they have either the proximity payment feature in-app or their NFC turned on. No need to ask people for their account numbers.
- Advance Budgeting – customers can add limits to and track their daily, weekly and monthly spending.
- Recurring Transactions – for transactions or bills that happen at consistent intervals. Rather than constantly initiating those payments, customers can set them up as recurring payments.
- Group Savings.
- Intuitive airtime vending.
Jaiz deploys NQR code to Fraser Suites
The NQR service is designed for merchants/individuals to receive or make payments for goods and services.
Jaiz Bank Plc, the premier Non-Interest Bank in Nigeria has deployed the newly introduced Quick Response Code (NQR) to Fraser Suites in Abuja as part of the Bank’s efforts to drive contactless payment solutions in the country.
Managing Director/CEO of Jaiz Bank Mr. Hassan Usman presented the platform to the Managing Director of Fraser Suites, M.G Nasreddin, yesterday.
During the presentation, Usman said the indigenous Payment Platform provides a reliable and enhanced payment experience that would lower transaction costs for customers.
The MD assured the Fraser boss that the NQR Code would ensure quick and convenient means of payments for goods and services.
On his part, Nasreddin appreciated Jaiz Bank for the deployment of the NQR, saying the platform would assist in easing payment for customers.
The NQR service is designed for merchants/individuals to receive or make payments for goods and services. The Platform is integrated with the Bank’s existing mobile banking application to support retail payment and cardless ATM withdrawal.
The payment system will only require customers to log into the app, scan the NQR code, authenticate the transaction with a PIN and merchants are instantly credited with the value. It enhances the scanning to pay mode, fast-track the process for receiving money in real-time, and facilitates quick payments.
Bayer set to hold the 3rd edition of the Nigeria Maize Conference
This year’s conference which will be virtual is tagged “Much More Maize” and is scheduled for the 22nd of April 2021.
Bayer Nigeria Limited, a subsidiary of Bayer AG, Germany has announced its plan to hold the 3rd edition of its annual Nigeria Maize conference. This year’s conference which will be virtual is tagged “Much More Maize” and is scheduled for the 22nd of April 2021.
Speaking ahead of the conference, the Country Sales Manager, Bayer Nigeria Ltd, Mr. Temitope Banjo said that the Nigeria Maize Conference is an initiative to bring together stakeholders in the Maize agricultural value chain, to deliver innovative solutions that would help Nigerian farmers maximize their farm yields and secure their harvests from devastating disease and pests.
According to Banjo, “Nigeria is yet to reach its full potentials in terms of maize productivity, for example where a hectare of farmland in Egypt can yield up to 7 metric tonnes per hectare, a farm of the same size in Nigeria only produces around 1.8 metric tonnes per hectare which is one of the lowest among the top 10 maize producers in Africa.” He went on to say that even though Nigeria is presently the largest producer of Maize in Africa, the country is still not able to meet up with its domestic and industrial needs for the crop.
He stated that the challenges with maize production in Nigeria are mainly due to poor agronomic factors and the use of bad seeds during planting and cultivation, and there is a need to educate our farmers on how they can increase the productivity and profitability of their farms, hence the theme for this year’s conference.
Commenting on how Bayer intended to address the maize production challenges in Nigeria, the Managing Director of Bayer Nigeria Ltd., Mr. Sefihait Kone explained that Bayer has a suite of products which is called the Bayer “Much More Maize” toolkit, specially put together to help farmers protect their crops and boost productivity of their farms from the planting phase through the harvesting stage.
“We will show how these products, if used properly have the potential to increase the profitability of their farms which translates to higher revenue for them. We hope that once all farmers imbibe these proper procedures, it will have a ripple effect on the economy and increase the food sufficiency of the country,” Kone stated.
Some of the guests and keynote speakers expected at the virtual conference include Alhaji Abubakar Bello who is the President of the Maize Association of Nigeria (MAAN), Dr. Olusegun Ojo, the Director of the National Agricultural Seed Council (NASC) as well as experts from Bayer in person of Dr. David Wangila and Dr. Joseph Kibaki.
Visit https://nigerianmaizeconference.com/#register to register for the event.
Bayer is an innovation company with a more than 150-year history. Its scientific successes are intended to help improve people’s lives. It’s a global enterprise with core competencies in the Life Science fields of health care and agriculture.
Nairametrics | Company Earnings
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- PZ Cussons Nigeria Plc appoints Ifueko Okauru as Independent Non-Executive Director.
- Chams Plc announces the appointment of Patricia Duru as new CFO
- NPF Microfinance Bank reports a profit after tax of N614.42 million in FY 2020.
- UACN Property Development Company Plc appoints Ojo Odunayo as new CEO.
- Unilever Nigeria Plc reports a loss of N492 million in Q1 2021.