We Are Improving Neighbourhoood Banking With 50,000 Agents Point Across Nigeria – Ecobank

We Are Improving Neighbourhoood Banking With 50,000 Agents Point Across Nigeria – Ecobank

Ecobank Nigeria says its vision to use its agency banking scheme to drive financial inclusion is fast yielding fruits as it now has over 50,000 agents locations across the country.  According to the bank apart from helping to drive its financial inclusion strategy in Nigeria, the agents are empowered to create wealth and enjoy financial freedom. Head of Agency Banking, Ecobank Nigeria, Olanike Kolawole, who stated this in Lagos said the customer experience is very good as customers can do simple deposit, withdrawal and transfers in their own neighbourhood rather than travel to a bank branch.

“Apart from driving financial inclusion of the unbanked and under-banked, we are improving neighbourhoood banking with our 50,000 agent points across Nigeria. The vision of the Ecobank is to use the agency banking scheme to drive entrepreneurship, provide employment opportunities and support Micro, Small and Medium Enterprises (MSMEs) to contribute meaningfully to the development of nation’s economy. For us as a bank, agency banking is part of our efforts to help more Nigerians embrace entrepreneurship as best strategy to tackle poverty and address growing unemployment. We are out to empower people to create wealth and enjoy financial freedom”. She stated.

Further, she said the bank is happy with its agency banking services providers also known as our Xpress point agents, knowing they are playing a critical role in helping us reach out to the unbanked and underbanked in the society. “They are bringing more people to the banking space through their services. They carry out financial transactions on our behalf and earn commission on every transaction processed. Our services are available for sole proprietors, partnerships, co-operative societies, companies with large distribution network – like petrol stations, FMCGs, telecommunication companies, super agents, aggregators and unregistered businesses such as petty traders, hair saloon and others”.

Meanwhile, the Shared Agent Network Expansion Facilities (SANEF) in it recent report  says, Ecobank Nigeria which ranked fourth out of 23 listed banks in the country in terms of agents acquired in 2021, made impressive showing in accounts opening at agency locations. SANEF is an initiative of the Central Bank of Nigeria (CBN), supported by Deposit Money Banks (DMBs), Nigeria Inter-Bank Settlement Systems (NIBSS) and Licensed Mobile Money Operators/Shared Agents. Its major role is to deepen Financial Inclusion in Nigeria; drive financial literacy and campaign awareness on financial products and services.

According to the report Nigerian banks in 2021 acquired over 441,470 agents across the regions of the country, which represents 101% of Year to date achievement against the target set for 2021.  Four (4) regions achieved over 70% of Target; Northeast had 67% growth in agent acquisition despite security challenges in the region;  Similarly, Southeast recorded131% growth in agent acquisition. Abuja (42%), Rivers (28%), and Lagos (57%) of the total agents deployed in Northcentral, South-south, and Southwest respectively. The Report revealed that 1.62 billion transactions valued at N30.5 trillion were carried out at agent locations, while 3.1million accounts/ wallets were opened at during the year.

Future Face Africa sponsored by Ecobank presents the Winners; Ana Campos – Angolan and Nziza Ken – Rwandan

Future Face Africa sponsored by Ecobank presents the Winners; Ana Campos – Angolan and Nziza Ken – Rwandan

Ana Campos, a Rwandan and Nziza Ken, an Angolan both winners of Future Face Africa model talent search competition held at Eko Hotels and Towers, Lagos, Nigeria at the weekend

It was all glitz and glamour as winners emerged at the grand finale of the keenly contested Future Face Africa (FFA) model talent search competition which took place at Eko Hotels and Suites, Lagos last Sunday.  Ana Campos, An Angolan and Nziza Ken, a Rwandan emerged winners in both female and male category respectively at  Africa’s largest model search competition.

The final event had 18 contestants who qualified after a rigorous selection process involving physical castings in eight African countries, as well as thousands of digital applications from all over the world. Some of the 18 finalists were flown into Lagos for a photo session and runway competition – turning their modelling aspirations into a reality.

The two winners won the title of “Africa’s next future face” and received a two-year international modelling contract with a top international modelling agency; as well as $5,000 cash prize. In addition to providing a career start in modelling, the competition also prepares the winners for global modelling roles. The event is majorly sponsored by Ecobank Nigeria.

Speaking at the event, Head Marketing and Corporate Communications, Ecobank Nigeria, Babajide Sipe, said the bank’s decision to sponsor the event is in line with its Pan African vision of developing potentials and talents on the continent, adding that it aligns with Ecobank’s commitment to providing a veritable platform for actualizing the dreams of many young talents who will become global super stars in the fashion and beauty industry.

“We are proud to be sponsors of this event. You know that Ecobank is committed to Africa and focused on giving the young ones every opportunity to realize their potential. Africa has the talent, the resources and the best people across the globe to succeed in any industry. Future Face Africa is a platform to discover some of these talents and to again put Africa in the global Fashion scene.

Future Face Africa, no doubt Africa’s largest model search competition is headed by Elizabeth Isiorho, a pioneer in the African modelling industry and the founder of Beth Model Management Africa, Africa’s largest modelling agency.

Ana Campos, a Rwandan and Nziza Ken, an Angolan both winners of Future Face Africa model talent search competition held at Eko Hotels and Towers, Lagos, Nigeria at the weekend

FIRSTBANK’S SMECONNECT PORTAL COULD BE THE DIFFERENTIATOR FOR SMES IN NIGERIA

FIRSTBANK’S SMECONNECT PORTAL COULD BE THE DIFFERENTIATOR FOR SMES IN NIGERIA

Over a hundred years since banks came into Nigeria, services rendered to small and medium scale businesses were limited to core banking services and transactions. However, those that cared to look further were able to stand the test of time, reinventing themselves with cutting edge financial services that remain key to sustaining its relevance to not just its host communities but the global community.

Based on findings from extensive engagements with customers, internal and external surveys and reports by SMEDAN, Efina and NBS, FirstBank of Nigeria Limited has been deliberate in ensuring that SMEs thrive and grow their businesses as SMEs can access and enjoy the convenience of its industry-leading financial services. FirstBank thus launched the SMEConnect portal to congregate value-adding propositions & services for SMEs on a single platform for easy access.

The value propositions and services on the SMEConnect portal educate and equip SMEs to combat challenges like poor business structure, lack of infrastructure, low market penetration, limited access to information and professional services, inconsistent government policies and others that might stifle their growth.

For example, lack of capacity is one of the most indicted reasons for business failure or stunted growth in business. The SMEconnect portal connects business owners to resources and information to educate them on structuring and better managing their businesses. The platform houses webinars on various important topics to help educate SMEs and build the required capacity.

The blog section of the portal has interesting and informative content like:
Tips for Building and maintaining good customer relationships; Remaining in business after Covid-19; How to scale up; How to successfully separate a financial business account from a personal business account; as well as Creating a Micropension scheme for MSMEs etc.

FirstBank also runs varying degrees of entrepreneurship programs and activities through pieces of training, workshops, seminars, business clinics and webinars, and the events are displayed on the portal for business owners to access.

It is known that over 60% of businesses fail in their first year, not only because of capacity constraints, access to finance is another reason they fail. The SMEConnect portal connects businesses to resources and finances by providing information on the various finance options available to registered users. There is a section of the portal that breaks down the steps to accessing finance for businesses, to simple actions such as opening either savings or domiciliary accounts After all, what would be the essence of all the education and capacity building if the business owner is still unable to access finances and other resources. SMEs that have an account with FirstBank can access direct and indirect funding throughout the business life cycle via grants, debt/loans, and equity.

In addition to other benefits, the platform connects SMEs to Market, Resources, Infrastructure, Talent for business development, Policy and Advocacy, giving them all they need to move to the next stage of their business growth. The portal also integrates SMEs into large distribution networks by connecting them to customers, distributor channels, suppliers, and large corporates.

There are also productivity tools such as the Business Diagnostic tool that helps check the health of a business as well a pool of professionals like accountants, lawyers, digital marketers, consultants and business coaches, which SMEs can tap into. Some of these value-adding solutions are free, and for the few that are not, they come at substantially discounted rates. As the premier Bank in West Africa, First Bank has exceeded the expectation of what its services to individuals and businesses ought to be. The SMEConnect portal is one of First Bank’s initiatives to promote the sustainability of SMEs by exposing them to the knowledge and resources they need to grow their business.

One of the most exciting features businesses get on the SMEConnect portal is the Business Diagnostic Tool earlier mentioned, it is a 15-minute survey where SMEs are asked questions about their business and at the end, get a customised report for their business. This is ordinarily, a service that business owners pay consultants to get, but First Bank has made it available for free even to businesses that do not have an account with them.

There are special offers for SMEs that are registered and have an account with First Bank, and an opportunity to be listed on the portal. You can find businesses listed across different industries like education/training, manufacturing, trade, agriculture, hospitality, transportation/logistics, telecommunications, ICT, healthcare and fitness, sports, FMCG, financial services, media/entertainment, food, real estate, engineering/construction, oil & gas, fashion/beauty, and services.

These registered businesses get to showcase their products/services for free, interact with customers and other SMEs, have an opportunity to attend free monthly capacity building workshops, seminars and webinars; and get exclusive discounts on business development resources such as booking a business coach.

As more businesses sign up and use the SMEConnect portal, it is possible to see a future where Nigerian businesses break even, thrive, and grow amidst challenges.

Culled from Nairametrics

FIRSTBANK REWARDS CUSTOMERS IN TRANSACT AND WIN PROMO

FIRSTBANK REWARDS CUSTOMERS IN TRANSACT AND WIN PROMO

Getting rewarded for spending money is a dream that is probably going to remain exciting for many people, but not for the Firstmonie Wallet users. In a two month Transact and Win campaign that started on November 22, 2021, First Bank of Nigeria Limited is rewarding several customers for carrying out transactions on its Firstmonie Wallet application.

The e-wallet is useful for conveniently paying utility bills, purchasing airtime and data, transferring and receiving money, and many other digital transactions. Just for using the mobile-friendly wallet app, Customers got rewarded with mouth-watering prizes both in cash and kind. The number of transactions done on the app determines the price a user could win.

100 customers who had done 1-15 transactions through Firstmonie Wallet within the month won N10,000 cash price; 53 25kg bags of rice and 50 units of standing fans were also won by customers who carried out 16 – 30 transactions with the Firstmonie Wallet; 2 units of power generating sets, 1 unit of Air Conditioning systems and 1 unit LED Televisions went to customers who carried 31 – 50 transactions; while 2 units of iPhone 12 were won by customers who had carried out over 50 transactions on the app within the month.

Victor Nnanna Onyedikachi, a student of the University of Abuja was one of the winners of the iPhone 12, and while receiving his gift, he admitted that he did not expect to win the prize.  “I used the Firstmonie Wallet App, and just like that, I was told that I had qualified. I did not believe it until I saw it myself. I am truly grateful to FirstBank” he said.

Other winners also expressed their pleasure at being rewarded for using a completely user-friendly app. “There is no issue of service error when using it for any transaction. The service is seamless and the app is easy to use” one of them said.

The Group Executive, e-Business & Retail products, Mr Chuma Ezirim had noted that the promo was targeted at appreciating customers for their patronage; and in line with the Bank’s December-is-a-Vybe campaign. “This promo is hinged on the need to appreciate our customers for their patronage, especially as we have had an increased engagement and usages of the various services offered by our mobile-friendly wallet product,” Ezirim said when the promo was being launched.

Interestingly, the promo also includes new customers and users of the app. By simply downloading the mobile app from the play store, or using the *894# USSD string to sign up, anyone can qualify for the promo. The promo runs till January 22, 2022, so what are you waiting for as you could be the next winner of any of these fantastic prizes.

As the premier Bank in West Africa and the leading financial inclusion services provider in Nigeria for over 127 years, First Bank of Nigeria Limited has remained at the forefront of promoting digital payment in the country, and the Firstmonie Wallet is one of the channels for digital transactions.

Little wonder FirstBank was named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 – 2016) by the globally renowned “The Banker Magazine” and “Best Retail Bank in Nigeria” for seven consecutive years (2011 – 2017) by the Asian Banker International.  FirstBank also bagged the Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years.

Culled from Nairametrics

ACAMB Elects New Executives, as Bolarinwa Emerges President

ACAMB Elects New Executives, as Bolarinwa Emerges President

The Association of Corporate Affairs Managers of Banks (ACAMB) – an umbrella association of communications and marketing professionals, working in Nigeria’s banking sector – has elected new executives who will pilot the affairs of the Association for the next two years.

The hugely attended AGM/ election for key positions, saw Mr. Rasheed Bolarinwa, Head, Corporate Communications of Polaris Bank emerged the new ACAMB President.

First Bank’s Mr. Oze K. Oze was elected First Vice President; Mrs. Lola Egboh of First City Monument Bank (FCMB), Second Vice President, while the new Secretary-General is Mr. Sipe Babajide of Ecobank.

The position of Assistant Secretary General was won by Mr. Omede Odekina of United Bank for Africa (UBA), while Mr. Patrick Osilaja of Fidelity Bank emerged the Financial Secretary.

Wema Bank’s Mrs. Funmilayo Falola is the new Treasurer while Mr. Abdul Imoyo of Access Bank will serve as the Association’s Publicity Secretary. Also on the new executive list is Mrs. Ozena Utulu of Heritage Bank as Social Secretary.

Four distinguished members of the Association namely: The immediate past President, a staff from CBN, NDIC and CIBN respectively are to serve as Ex-officios.

The election of the new officers held on Thursday, 19 January at the Bankers’ House, CIBN Building, Victoria Island, Lagos.

In his post-election acceptance speech, the new ACAMB President, Bolarinwa, assured members that he would reposition ACAMB as a foremost professional Association that they would all be proud of.

He added that his vision also includes innovating post-retirement strategy that ensures members have a sustainable livelihood long after exiting the industry.

“I will be committed to my vision, which is to reposition ACAMB as a foremost professional Association that encourages and ensures every marketing communications professional in the Banks aspires and attains the highest level of professional recognition and fulfillment on the job while at the same time being assured of a sustainable livelihood long after exiting the industry,” he stated.

Bolarinwa, who served in the past executive as a two-term Secretary General, restated his commitment to the upliftment of members in line with his electioneering promises anchored on the four-pillar themed PEAL: Partnership & Platform, Engagement, Advocacy, and Learning & Value-addition (PEAL).

The new President further assured that ACAMB under his leadership would seek partnerships and platforms among strategic institutions and stakeholders with a view to delivering value to members, as well as enhancing professionalism.

He also said his team would embark on advocacy aimed to deepen awareness and knowledge of the banking industry and its contributions to national socio-economic growth.

Earlier, Chairman of ACAMB Electoral Committee, Mr. Segun Shonubi said all aspirants for the advertised position had met minimum requirements as outlined in the Association Constitution and therefore qualify to stand for the election.

A 1996 graduate of Mass Communication, Bolarinwa holds a Master’s degree from the University of Ibadan and MSc degree from UNESCO-certified Mass Communication department of University of Lagos. He is a member of numerous professional bodies. These include Fellow of the National Institute of Marketing of Nigeria (NIMN); Registered Practitioner, Advertising Practitioners Council of Nigeria (APCON), and Member, Nigerian Institute of Public Relations (NIPR).

He has also attended several high- impact function-specific and leadership trainings at top business schools in Nigeria and overseas.

How Loan Fraud has Become Norms in GTBank + How the Syndicate has been Operating

How Loan Fraud has Become Norms in GTBank + How the Syndicate has been Operating

It is important to note that the unsettled crisis that has given Innoson Motors legal rights to foreclose some properties of the Guaranty Trust Bank (GTBank) over issues that has to do with loan discrepancies is still a major issue in the supposedly top Nigerian bank.

Though GTBank had tried to use agents of the government to shut Innoson management up when the car manufacturing company raised questions about the wide difference noticed in the loan repayment process between them and the need for the bank to refund over-deducted payment from the company’s account.

The issue is now about accusations and counter-accusation until the Supreme Court decided that the GTBank indeed needed to refund the loan repayment scam which has risen from about N8.2 billion to a staggering N32 billion it currently stands.

It is important to note that the Innoson case which is still pending in the court is just an high profile case the loan scam syndicate in the bank has been operating unhindered even when some cases are brought to the notice of the management.

There has been so many issues of smaller loans mostly on dormant account that has gone unnoticed, example is the case of one Ola a customer of the bank whose dormant account was used to process loan without his knowledge.

According to Ola who spoke to us “I was using a salary account with GTBank years back, and since it is my salary account I normally utilizes the bank’s short-code to access loans whenever there’s a pressing need after which I will pay back from my salary.

‘I however stopped using the account in 2013 when I got employment into one of government parastatals and I am mandated to open a new salary account this happened about two months after paying my last loan facility with the GTBank. I later tried to access a loan facility from another bank last year (2021) with the intention of using this loan tied to my entitlement to start a personal business while waiting for my payment to come through, I was surprised when the new bank said I am owing GTBank.

‘Findings showed someone collected a loan on the account after more than a year since I last operated it using short-code, the funny aspect is that I did not get any sort notification from GTBank, no text message or emails to that effect, no calls to remind me of supposed loan, you won’t believe it that I opened a new current account with GTBank a couple of years back with the same name and the issues o this loan did not come up. This shows it is a perfect insider’s fraud scheme.’ Ola explained.

Investigations shows this is not a one off occurrence as many has also fallen into the schemes of these loan syndicate who targets dormant accounts for a loan they have no intention of paying back, it was gathered many owners of such account may not even ever know that a loan fraud has been perpetrated on their dormant account.

These undetected loan scam coupled with the GTBank’s disposition to Innoson Motors loan repayment issue more or less reinforce the believe that some of the staffs of the bank with the knowledge of the bank’s management may be cutting corners using likely forgotten account and may now be facing exposure due to the now enforced Bank Verification Number (BVN) by the Central Bank of Nigeria (CBN) which has brought forth Global Standing Instruction (GSI) policy, that exposed the recent loan fraud.

It is therefore important for owners of dormant account in the bank to be on the lookout as the otherwise loan free account may have mysteriously been used to acquire loan by the loan fraud syndicate that has been working underground for a while in the bank, while the GSI in force will debit your active account of the unknown debt.

Wema Bank Affirms Its Adherence, Best-in-Class Governance Processes

Wema Bank Affirms Its Adherence, Best-in-Class Governance Processes

Nigeria’s leading digital bank, Wema Bank Plc, has reassured its stakeholders that it continues to operate with best-in-class governance processes.

The bank also faulted the premise on which a non-governmental organisation, Transparency Nigeria Group, asked the Central Bank of Nigeria (CBN) to remove its Managing Director/CEO, describing the call as baseless.

The bank reassured its customers and stakeholders that it has and would continue to operate with the highest level of corporate governance, following all rules, policies, and procedures.

“We have no links to any political party and neither are we agents, allies or proxies of any politicians in the country. We are a financial institution solely committed to financial intermediation to enable and fast track the socio-economic development of the country,” the bank said.

The statement further explains that Wema Bank’s observance and strict adherence to due diligence and extant rules and regulations is why it is the oldest surviving indigenous bank in Nigeria.

Wema Bank Ranked among Customer Experience Leaders by KPMG

Wema Bank Ranked among Customer Experience Leaders by KPMG

The support of Nigeria’s leading digitally driven financial institution, Wema Bank, for Small and Medium Enterprises (SMEs) has been recognized in the 2021 KPMG Nigeria Banking Industry Customer Experience Survey.

The report classifies Wema Bank as number three in SME Banking, this is three-places higher than the bank’s 2020 classification.

Wema Bank has been consistent in her drive to support the growth and development of SMEs in the country. The bank has initiated several financial and advisory support programs to boost SMEs, some of which include: Single digit loans for women, uncollateralized loans for SMEs, quarterly SME webinars, access-to-market initiatives, and a plethora of other advisory and support services

In the last one year, Wema Bank pioneered the establishment of the first bank-led SME business school in the country, aimed at boosting critical knowledge and capabilities for SMEs at no cost to beneficiaries. The business school which enjoys the support of Frankfurt School of Finance and Management, Germany, has reputable consultants and organizations such as Ernst & Young, MTN, Microsoft, Google, Agusto, etc. facilitate at the program.

The KPMG survey ranked banks using the six pillars of customer experience excellence, including integrity (being trustworthy and engendering trust), resolution (turning a poor experience into a great one) and expectations (managing, meeting and exceeding customer’s expectations. The others were empathy (understanding the customer’s circumstances to drive deep rapport), personalization (using individualized attention to drive emotional connection) and time and effort (minimizing customer effort and creating frictionless processes).

In a statement on the survey report, KPMG said, “This year’s leaders show digital banking excellence and have adapted well to higher transaction volumes and complaints.”

Commenting on the bank’s KPMG ranking, the Managing Director/CEO, Wema Bank, Ademola Adebise, said it was an affirmation of the bank’s commitment to the growth and well-being of SMEs as critical contributors to the economy.

He said, “At Wema Bank, we recognize SMEs as an important part of the economy, and we are always on the lookout for their well-being. We are happy that the SMEs acknowledge our contributions, hence our ranking”

Speaking further, he stated that recognitions such as this are an invitation to do more. He therefore gave the bank’s unwavering commitment to intensifying its support to SMEs in year 2022.

Recall that in 2020, Wema Bank received the SME Bank of the year award from Business Day and in 2021, the bank has again received this recognition from KPMG as a customer experience leader in the banking industry. This is definitely a bank to lookout for in 2022.

The KPMG Nigeria Banking Industry Customer Experience Survey has been held annually for the last 15 years with the 2021 edition themed “Changing Customer, Changing Priorities”.

FIRSTBANK CONVENES NIGERIA ECONOMIC OUTLOOK WEBINAR FOR 2022, SETS THE TONE FOR DELIBERATIONS ON CONTINUED ECONOMIC RECOVERY AND BUSINESS IMPACT 

FIRSTBANK CONVENES NIGERIA ECONOMIC OUTLOOK WEBINAR FOR 2022, SETS THE TONE FOR DELIBERATIONS ON CONTINUED ECONOMIC RECOVERY AND BUSINESS IMPACT 

FirstBank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its “Nigerian Economic Outlook Webinar” convened to reflect national and global economic trends that shaped 2021, whilst forecasting the economic outlook of 2022.  

The virtual event themed “A rearview look at 2021, lessons learnt-Outlook 2022” is scheduled by 1 pm on Thursday, 13th January 2022 via Zoom meeting. Click on the link  https://firstbanknigeria.zoom.us/webinar/register/WN_zrF8VViyTp6wnzED_3IpWw    to register and participate in the event. Registration is Free!!! 

The webinar aims to set the tone for the year by providing an opportunity for participants to learn directly from economic experts to stay informed and knowledgeably empowered to make the right decisions in their socio-economic activities in 2022 which will be impacted by the micro and macro-economic activities of the country. 

With Nigeria’s economy projected to grow by 2.7% in 2022 as predicted by The International Monetary Fund (IMF) based on an expected recovery in crude oil prices and production, Nigeria will see economic activities normalizing. Key economic activities to watch out for in 2022 include the Global Market trends, removal of subsidies, and floatation of the Naira. However, recoveries in the oil sector and maximization of the e-Naira could help keep the parallel market in check.  

Bismarck Rewane, the Managing Director/Chief Executive Officer of Financial Derivatives Company Limited and the event’s keynote speaker will lead deliberations at the event. Other speakers are Ini Ebong, Executive Director, First Bank of Nigeria Limited Treasury and International Banking; Opeyemi Agbaje, Chief Executive Officer (CEO) of RTC Advisory Services Limited, Olaitan Martins, Group Executive, Transaction Banking and Augustine Uddin, the Chief Economist, FirstBank. 

Since the outbreak of Covid-19 over two years ago, the global economy has witnessed viral economic shocks that adversely affected socio-economic activities. These have left many individuals and businesses struggling to stay afloat amid the economic downturn. As a leading financial inclusion services provider in the country, FirstBank has remained committed to providing products, services and initiatives that have been crucial in mitigating the adverse effects of Covid-19 on individuals and households.   

Speaking on the event, the Group Head, Marketing & Corporate Communications of FirstBank, Ms. Folake Ani-Mumuney said ‘being woven into fabric of the society for over 127 years means that we provide valuesupport and innovationdriven solutions for our stakeholders regardless of the challenges of the pandemic. Our commitment to nation-building is anchored partly on our thought leadership role designed to relentlessly drive growth and scale for all through engagements that showcase versatile subject matter experts endowed with expertise, knowledge and valuable insightsThe webinar provides a platform for cross fertilization of ideas and opportunities to learn and grow.  Nigeria is a country rich in human and natural resources and these have helped in the reforms and resilience reflected in the economin 2021′.   

The COVID 19 pandemic brought disruption and challenges and largely Nigeria adopted measures to contain it. The pandemic also provided opportunities for rebuilding and facilitating economic transformation to close the gap with the rest of the world. These include innovations in information technologies (IT) which have been critical to ensuring business continuity and productivity among firms that have re-designed their work processes as well as telecommunications and payment systems in the e-commerce sub-sector 

Whilst many of the current government policies are aimed at absorbing the shocks induced by the pandemic, it is important to note that an economy that seeks to recover and build resilience should be one that focuses on innovation and creativity in driving its goal. 

The event is for everyone as discussants will have the economic outlook for 2022 dissected so participants are knowledgeably equipped to make the right decisions thereby better planning their business and financial activities. 

Electronics, Home Appliances Store, CASH ‘N’ CARRY Berths at Ikorodu

Electronics, Home Appliances Store, CASH ‘N’ CARRY Berths at Ikorodu

Following the difficulties residents around Ikorodu axis of Lagos may have been going through in accessing and purchasing electronics and home appliances of their choice, this kind of frustration may have become history as number one electronic and home appliances store, CASH ‘N’ CARRY, has just opened an outlet in Ikorodu to ease the difficulties being faced in that axis.

The new store, a place where one can get quality of all brands of electronics and home appliances at best prices and best after sale, is situated at 73, Ayangburen road, Ikorodu.

Below is a snippet of goods that can be found at the store.

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