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Money & Banking

Money & Banking

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    UBA’s REDTV launches Season 2 of Inspector K

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    On March 16th 2018, the online lifestyle network powered by the United Bank for Africa, REDTV, held an exclusive screening for season 2 of...

    PaySend Partners Access Bank to Revolutionize the Fintech Industry

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    Card-to-card payments disrupter PaySend continues to bring a new generation of money transfers to the African market through its new partnership with Access Bank...
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    Access Bank Approves Paternity Leave for Male Employees

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    Starting January 2018, male employees of Access Bank Plc can take advantage of an enhanced parental leave policy that extends paid benefits to all mothers...
    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#

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

    GOCOP Mourns Former NAN Editor-in-chief, James Bello

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    The Guild of Corporate Online Publishers (GOCOP) has condoled with the family of a former Editor-in-Chief of the News Agency of Nigeria, Mr James...
    Yinka Sanni, CEO, Stanbic IBTC

    Stanbic IBTC Retains AAA National Fitch Ratings

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    Stanbic IBTC Bank PLC and its holding company, Stanbic IBTC Holdings PLC, have retained their AAA national ratings by Fitch Ratings, the global leader in credit ratings, reaffirming their...
    Access Bank Announces New Five-year Strategy

    Access Bank Announces New Five-year Strategy

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    Access Bank has announced on Monday its new five-year strategy with an ambitious idea to become Africa’s gateway to the world. The full service commercial...
    Stanbic IBTC Pension Managers Ltd Pays Over N279 Billion to Retirees

    Stanbic Eyes Good Retirement Plan for Nigerians, Spends N279 in 11years

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    It is becoming apparent that good retirement plan for all Nigerians remains one of the primary objectives for Stanbic IBTC Pension Managers Limited, having channelled...

    Delta Comfort+ Now Available on Select Trans-Atlantic Routes

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    Delta Air Lines is selling the Delta Comfort+ product as a fare for flights departing Jan. 22, 2018 and beyond in most trans-Atlantic markets, including: North America...
    Between Credit Risk Mitigation and Customer Satisfaction.

    Between Credit Risk Mitigation and Customer Satisfaction.

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    In order to ensure that the bank is not exposed to undue risks, Stanbic IBTC has developed a framework for adhering to laid down...
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