For Nigeria, the last three years have seen significant growth of the financial inclusion rate from 56.8% in 2016 to 63.2% in 2018. FirstBank’s *894# USSD banking service is playing a key role in it.
Coordinator, Ogun State Operations Coordinating Unit (Ogun SOCU), Tunde Adebiyi made the revelation on a personality-interview radio programme in Abeokuta, noting that the targeted beneficiaries were considered based on the need to improve their source of livelihood, due to the adverse effects of COVID-19 pandemic.
Beginning from the 1st of July, the bank will be rewarding its customers with cash prizes to appreciate them for their unwavering loyalty and patronage.
“Commenting on how central the overall subscriber experience is to MTN’s innovation drive, Adekunle Adebiyi, Chief Sales & Distribution Officer, said, “We are committed to providing a superior experience for our customers by addressing their pain points, meeting their needs and creating value. We understand that getting disconnected due to insufficient airtime or data is inconvenient and can be embarrassing so we introduced MTN Auto Top-Up, which eliminates the issue.
Debit cards are financial instruments issued by commercial banks to their customers to enable seamless transaction outside the banking halls. Debit cards have proved reliable in banking and other financial transactions. It is today acknowledged as a viable tool in the quest to drive financial inclusion in Nigeria.
Addressing a large audience of telecom consumers during the NCC Special Day held at recently concluded 32nd Enugu International Trade Fair organised by the Enugu Chamber of Commerce, Industry Mines and Agriculture (ECCIMA), the Executive Vice Chairman (EVC) of the Commission, Prof. Umar Garba Danbatta, said events of this nature provide the opportunity for NCC, as a telecom regulator, to interact with consumers and attend to their service-related concerns.
Our correspondent gathered that the development followed the intervention of the Minister of Communications and Digital Economy, Isa Pantami; and the Governor of the Central Bank of Nigeria, Godwin Emefiele.
This is contained in a joint statement issued on Tuesday by the CBN and the NCC on pricing of USSD services posted on the apex bank website.
This was disclosed in a statement on Sunday by the Ministry of Health.
Airtel in a statement in Lagos said it was following an approval from the Federal Government, which granted them a verification and enrolment licence.
This followed the recent announcement by the West African Examinations Council of the commencement of the sale of WAEC GCE registration PINs, which closes on January 29, 2021.
With the 22X offer, subscribers who recharge with N100 will be credited with N2,200 value.
The Bank’s USSD smart code (*833#) offers quick, convenient and seamless banking services to the users to carry out their transactions easily from any type of phone without the need for data.
The USSD code allows customers deactivate their USSD profile once their mobile devices get lost or stolen.
Following increasing reports of positive COVID-19 cases, the bank has encouraged its customers to take advantage of alternative banking channels (ALAT and *945#) to carry out bank transactions rather than risk going out to branches.
The investment in the Bank’s mobile banking infrastructure is in furtherance of the need to deepen financial inclusion in the country, enabling account opening to be carried out on its *894# USSD banking, FirstMobile (self-service telephone banking), its website – www.firstbanknigeria.com – as well as the Bank’s staff, through the Direct Sales Executive (DSE) application installed on their mobile phone, ATMs and the bank’s over 55,000 FirstMonie Agents spread across the country, the Bank said in a statement on Monday.
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has assured its esteemed customers of continued commitment to instituting proactive steps to safeguard against the COVID-19 pandemic.
The Central Bank of Nigeria has opposed plans by MTN to charge their subscribers for Unstructured Supplementary Service Data access to banking services from October 21.
The solution, which fulfills the mantra of being Africa’s Gold Standard for payments, allows for enhanced interoperability amongst stakeholders in the payment ecosystem.
The Bank has continued to expand the services and features of the 737 service platform to make banking from a mobile device simple, fast and secure.