Thursday, September 17, 2026
Money & Banking

Money & Banking

    Random
    Fidelity Bank Partners SystemSpecs for Federal Collections via *770# Top Nigerian lender, Fidelity Bank Plc is championing a ground breaking innovation in the collection of internally generated revenue (IGR). Working in conjunction with SystemSpecs, a leading electronic financial transactions company and owners of Remita, Fidelity Bank has launched a more convenient collection and remittance of Federal Government Revenues via its Unstructured Supplementary Service Data (USSD) channel (*770#). The solution, which is first of its kind in the industry is in response to some of the challenges faced by millions of customers when making their tax payments and remittance and the need for all tiers of government to provide convenient sources of revenue collection. This innovative solution, according to the Divisional Head, Retail Banking, Richard Madiebo, was developed with the average tax payer in mind. “This payment option is borne largely from our desire to always provide easy and convenient payment channels to the semi-formal and informal tax markets in Nigeria”, adding that tax payers can now make payment efficiently, thus leading to reduction of leakages in the system for both the State and Federal Government. He further explained that customers should simply dial 770# on the phone linked to theirs accounts and then use their unique Remita Retrieval Reference (RRR) generated from the Remita platform, to make payments using the USSD code *770*RRR# and conclude their transactions. “Our operating model has always been to collaborate with forward-looking partners in the financial ecosystem, so that customers are able to consistently make smooth and convenient payments across diverse channels.” said Deremi Atanda, Executive Director at SystemSpecs. “Partnering with an institution like Fidelity Bank to ensure customers are able to make TSA and other payments on their innovative USSD platform is in furtherance of our corporate ideals and the bank’s quest for the delivery of easy and convenient banking services”, Atanda said further.

    Fidelity Bank Partners SystemSpecs for Federal Collections via *770#

    Money & Banking Money Issues -
    0
    Top Nigerian lender, Fidelity Bank Plc is championing a ground breaking innovation in the collection of internally generated revenue (IGR). Working in conjunction with...

    laoreet sed suscipit nec

    Money & Banking Money Issues -
    0
    Proin tristique elit et augue varius pellentesque. Donec enim neque, vulputate et commodo in, tristique sed velit. Phasellus adipiscing faucibus felis eget hendrerit. Vestibulum...

    Understanding Credit Scores

    Money & Banking Money Issues -
    0
    Credit scores are not popular in Nigeria yet.  The retail credit rating is still an emerging one in Nigeria and many parts of Africa. The...
    tony elumelu

    Elumelu Commends Afreximbank, Urges Other DFIs to Support African Businesses

    Money & Banking MoneyIssues -
    0
    At the 24th Annual General Meeting of the African Export-Import Bank (Afrexim), held in Rwanda, Tony O. Elumelu, CON, Chairman of Heirs Holdings and...
    UBA CEO Awards

    UBA Reinforces Its Customer Focus, Honours Staff Integrity

    Money & Banking MoneyIssues -
    0
    The United Bank for Africa Plc (UBA) once again demonstrated its commitment to excellence in customer service, by celebrating staff who have strived to...
    UBA

    UBA Kenya to Leverage on Group’s Capacity to Finance Large Ticket Transactions in Kenya

    Money & Banking Money Issues -
    0
    United Bank for Africa, a leading pan-African financial institution with operations in 20 African countries has assured the players in the private and public...

    UBA Group Starts Strong in 2018, Grows Profits to N26.6bn in First Quarter

    Money & Banking Money Issues -
    0
    Pan African financial institution, United Bank for Africa Group (UBA) has released its unaudited first quarter results, showing significant growth across major income lines. Following...

    scelerisque diam laoreet

    Money & Banking Money Issues -
    0
    Proin tristique elit et augue varius pellentesque. Donec enim neque, vulputate et commodo in, tristique sed velit. Phasellus adipiscing faucibus felis eget hendrerit. Vestibulum...
    Dr Adesola Adeduntan (FCA), MDCEO First Bank of Nigeria Ltd and Subsidiaries

    FirstBank CEO, Adeduntan, Sensitizes Children on Acts of Kindness

    Money & Banking MoneyIssues -
    0
    The Chief Executive Officer of First Bank of Nigeria Limited, Dr.  Adesola Adeduntan, has encouraged children to cultivate the habit of showing...

    S&P Assigns ‘B/B’ Ratings, Stable Outlook On UBA Plc

    Money & Banking MoneyIssues -
    0
    International Rating Agency, Standard and Poor’s (S&P) assigned  its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United...
    123...28Page 1 of 28
    - Advertisement -
    - Advertisement -

    EDITOR PICKS

    POPULAR POSTS

    POPULAR CATEGORY

    © Copyright. MoneyIssues.ng 2019