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Access Bank Commits To Improving Children’s Welfare with South Africa Charity Polo Tournament – Naijanewsdirect

...Donates R360,000 to Nelson Mandela Children’s Trust Fund Access Bank Plc has further demonstrated its commitment to making a difference through charity as the Bank successfully hosted its maiden Polo tournament held at the prestigious Val de Vie Polo Club in Cape Town, South Africa. The event held to further create awareness and raise funds to support the education of underprivileged children in Africa.   In partnership with Fifth Chukker, through the Nelson Mandela Foundation, the initiative further deepened the Bank’s commitment towards impacting the environment and positively affecting the lives of underprivileged children in Africa. Group Managing Director, Access Bank PLC, Herbert Wigwe who led other top officials of Access Bank to the event, expressed delight that the Charity tournament is achieving its main objectives.     “About 12 years ago, we decided to act and positively impact the lives of underprivileged children in Africa, including South Africa. The first Charity Tournament saw us impact 400 children and now, the number has grown to 12,000 children who have been educated across the northern part of Nigeria. Henceforth, every December will be dedicated to this cause; we will set aside money to support underprivileged children in South Africa through the Nelson Mandela Foundation,” Wigwe said.   Chief Executive Officer, Access Bank South Africa, Sugendhree Reddy said, “This successful engagement was made possible because of the opportunities provided by the South African government to establish our presence in this relatively new market. Access Bank is here to deliver value and excellent service to customers in South Africa. Hence, we will collaborate with all stakeholders to create optimal solutions and serve as Africa’s gateway to the rest of the world.”     The event saw hundreds of game enthusiasts throng the venue to watch the beautiful game of Polo, as teams competed for the Access Bank Gold Cup and Emily Aig-Imoukhuede Memorial Cup –

Collective Responsibility Can End HIV Transmission – Wigwe – Naijanewsdirect

  Dr Herbert Wigwe, Group Managing Director, Access Bank Plc says ending HIV in Nigeria is possible when Nigerians take responsibility collectively. Wigwe said this at the launch of 100 million dollars HIV Trust Fund of Nigeria in Abuja. He urged the private sector to rise up to the occasion by working in collaboration with government in area of ownership in sustaining the HIV response. "However, the original emergency Plan to fight AIDS must transform into a Sustained Response that prevents new infections and ensures those on treatment stay on treatment. "The era of sustainability demands that Africans take responsibility and ownership for the end of AIDS in Africa," he said. Wigwe who said that Nigeria currently had the third largest HIV epidemic statistics worldwide, said over 80 per cent of the funding had been mainly from international donors. According to him, the Nigerian private sector currently contributes about 2% of total funds allocated to HIV. He urged the private sector to collectively join hands in the ownership of the funding to eradicate HIV in Nigeria, asserting the readiness of Access bank to supporting improved health system. "Access Bank is not known for complacency. We are known for our drive for financial and economic growth, for leadership in national health issues. "Particularly the national response to COVID, and we are known for our commitment to sustainability, especially relating to strengthening our national health system. "With less than half of people living with HIV have access to treatment or adequate care, Access Bank partnered with other private sector organizations here from the Nigerian Business Coalition Against AIDS (NiBUCAA) "To educate our staff, raise public awareness and support individuals living with HIV/AIDS." Wigwe explained that the bank had also conceived of this national HIV Trustfund, as a N50 billion private sector-led mechanism to pool our resources to provide significant sustainable inputs required to scale up

“Our Target Is To Have Strong Presence In Major Trade Centres In Africa” – Access Bank CEO, Wigwe – Naijanewsdirect

  The Group Managing Director/Chief Executive Officer of Access Bank Plc, Mr. Herbert Wigwe, in this interview by Julia Chatterley, Anchor of First Move on Cable News Network, CNN, spoke about the bank’s aggressive African expansion and its drive to serve 50 per cent of Nigeria’s bankable population. Excerpts:   Core to being that payment gateway to the world is expansion and Access Bank has had an incredible year of expansion, particularly expanding to South Africa, Botswana, Mozambique, Zambia, talk to me what this is all about? Let me put it this way: It is something that we had been planning as part of our corporate strategy plan since 2017, and the whole idea had been to support our corresponding banking business, support our payment business and to ensure that there is greater trade within the continent. So for us, what are we doing? We are basically making sure that we have strong presence in all the major trade centres in the continent, to make sure that we use Access Bank United Kingdom as a strong anchor and that we can support corresponding banking and that we can basically build that model around the continent that supports payments within the continent. I think we are on track in terms of profitability our different franchises are doing extremely well and I think 2022 is actually going to be a big year for the institution. The one that catches my eyes is South Africa. This is a tough and mature market that is undergoing significant digital disruption as well in the financial space. What is the strategy there? That was same thing when we went to the UK, people said it was a very tough market and I think we are almost the strongest African bank in the UK. Now, what are we doing in South Africa? We are basically going

Access Bank Introduces Advance Security USSD Code To Protect Customers Against Fraud – Naijanewsdirect

Access Bank plc has introduced the *901*911# USSD code, a solution that allows customers act swiftly to prevent fraudulent activities on their accounts. The service allows customers of all account types to deactivate a USSD profile simply by dialling *901*911# from any phone, inputing the registered phone number for the account to be protected and this automatically locks out fraudsters from the individual’s account. Over the years, Access Bank has remained committed to educating its customers, informing and protecting them from fraudsters. The Bank has created dedicated pages on its official website that constantly update customers on the schemes fraudsters employ to defraud them while bringing to public notice the quickest platforms to access help in the event of any suspected fraud case. In its promise to offer customers more than banking, Access Bank has not wavered in its drive to not only deliver speedy services but also security for all. Customers of the Bank can report any suspected fraudulent activity immediately to the Bank’s dedicated fraud desk through the following email addresses: [email protected], [email protected], [email protected] or by calling the helpline 01-2701005

Access Bank Unveils DiamondXtra Season 13, To Reward Loyal Customers With N600m – Naijanewsdirect

  Access Bank Plc has unveiled DiamondXtra Season 13 savings promo to reward loyal customers with N600 million. The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, said at the launch in Lagos that the initiative was instituted to enhance savings culture and drive the Federal Government’s financial inclusion initiative. Etuokwu said the bank had been rewarding and changing lives of customers in the past 12 years. He said, “The DiamondXtra reward scheme is one of the ways the bank creates value and meets the needs of its loyal customers. “With the launch of this new season, the reward scheme has been revitalised and reloaded to create winners every day.” According to him, apart from encouraging customers to save their money, gaining interest, DiamondXtra also rewards them with prizes like Salary 4 Life, Business grants, education grants and among others. “We encourage all Nigerians to sign up to DiamondXtra by Access bank, and start saving to win extraordinary prizes every day in this reloaded season as DiamondXtra is truly the most rewarding way to save,” Etuokwu said. Also speaking , Mr Robert Giles, Senior Banking Advisor, Retail, Access Bank, said Season 13 was designed by over 600,000 customers who were surveyed on the changes they wanted to see. Giles said DiamondXtra, introduced in July 2008, had impacted the lives of its loyal customers. He said the bank had shared over N5 billion of prize money through daily, weekly, monthly and quarterly draws. “We have given out education grants, business grants and Salary for life. “The launch of DiamondXtra Season 13 is our best yet.  And that’s because it is yours. From the very beginning, DiamondXtra was designed by our customers themselves,” Giles explained. He said the customers told the bank that the return on savings was small, yet the reason to save was to transform and improve lives. “Our customers said they want to

Access Bank Launches Womenpreneur Pitch-a-ton Season 3, Empowering Female Entrepreneurs Across Africa – Naijanewsdirect

As part of the Bank’s mandate to empower female entrepreneurs with financial and business skills, Access Bank Plc has unveiled the third edition of its Womenpreneur Pitch-a-ton Africa programme.   The Womenpreneur Pitch-a-ton Africa programme is designed to provide female owned businesses across Africa an opportunity to access finance, world-class business trainings as well as mentoring opportunities. This programme has been designed to create an enabling environment for female entrepreneurs to grow their businesses.   Speaking at the launch of the third edition of the initiative, Ayona Trimnell, Group Head W Initiative, said, “Access Bank has been a leading advocate for women’s economic empowerment in Africa and this is the key motivation for the ‘W’ Initiative which caters to the women economy particularly in the areas of financing, capacity building and creating networking opportunities for women”.   She further stated that “we launched the first Womenpreneur pitch-a-ton initiative in 2019 in line with our value proposition to be the No. 1 Bank of Choice for women in Nigeria, and we have received over 100,000 applications over the last 2 years.   In 2020, despite the pandemic, we were able to expand the programme to other female entrepreneurs across 7 African countries with 3 winners emerging from Sierra Leone, Ghana and Zambia out of 50 finalists.   This year we are making the programme bigger and better by increasing the numbers to 100 women entrepreneurs who will emerge as finalists.   The programme will also be opening up to a total of 9 African countries – Nigeria, Ghana, Zambia, Rwanda, Mozambique, Kenya, Democratic Republic of Congo, Sierra Leone and the Gambia”.   The 2021 Womenpreneur Pitch-a-ton Africa programme will officially kick off on Monday, June 21st – August 13th, 2021 and will offer financial grants, an exclusive certified capacity building program and business coaching aimed at empowering women entrepreneurs.   Interested female entrepreneurs who meet the criteria

Access Bank’s Herbert Wigwe Is African Banker of The Year For The Second Time Consecutively – Naijanewsdirect

The Group Managing Director/CEO of Access Bank PLC Herbert Wigwe has been recognised as the African Banker of the Year at the 2021 edition of the African Banker Awards. A winner of one of the most prized categories at the Awards ceremony for the second consecutive year, Wigwe was recognised for his stellar leadership in the market expansion of Sub-Saharan Africa’s largest bank despite the negative impact of the COVID-19 pandemic. Over the last 12 months, Access Bank has established a presence in South Africa following its acquisition of Grobank. Accepting the award, Wigwe said Access Bank is focused on promoting corporate discipline, adding that the Bank wants to be in key markets on the continent, building a payment gateway and providing trade finance support. “We want to be seen as the best bank supporting the African Continental Free Trade Area agreement (AfCFTA). In terms of diaspora remittances, we are present in key areas in the continent,” he said. The African Banker Awards have become the most respected and recognised industry event celebrating African banking achievements. The organisers this year, put emphasis on recognising and rewarding institutions that contributed to the real economy which has suffered from the impact of Covid-19 as well as contributed to women empowerment on the continent. Commenting on the award, Group Publisher of African Banker and Chair of the Awards Committee, Omar Ben Yedder said, “Herbert is one of the most respected bankers on the continent, without a shadow of a doubt. The Bank has gone from a lower ranked Nigerian bank when he joined the group as Deputy CEO to become one of Africa’s leading financial services groups. He has shown a relentless pursuit for growth, but has done so in a measured and calculated manner. What he and his team have done at Access Bank is nothing short

Access Bank Unveils SwiftPay To Boost Digital Payments For SMEs – Naijanewsdirect

In the bid to boost the facilitation of payments between SME and retail customers in the digital space, Access Bank Plc recently unveiled SWIFTPAY, a digital payment service that facilitates the receipt of business payments by enabling customers to make quick, easy, and secure digital payments on social media platforms to merchants. Speaking to newsmen during the launch of the new service in Lagos, Group Head, Emerging Businesses, Ayodele Olojede, noted that the lockdown, experienced in 2020 as a result of the COVID-19 pandemic, resulted in less in-person interactions and less in-person payment options. She said statistics from a survey carried out post-lockdown showed that MSMEs were impacted by cash flow, revenue and sales while adding that the impact of the pandemic made more apparent the lack of infrastructure and access to digital resources for small businesses. “This is why Access Bank introduced SWIFTPAY to support the digital transition and growth of SME businesses. This product is part of the Bank’s commitment to support SMEs to meet their business objectives despite the times. “The new service comes in form of a payment link that can be hosted on merchants’ social media pages and sent to anyone to pay and conclude business transactions. It is easy and takes less than 5 minutes for interested merchants to sign up as it is convenient and time saving for everyone.” Olojede also revealed that the Bank is committed to providing very practical solutions that support the growth of small business in Nigeria. “SWIFTPAY is free and the processing charge is discounted up to 15 per cent to ensure merchants keep most of their earnings. In recent times, e-commerce has been challenged with the rise in fraud on social media, we have ensured that every merchant registered on SWIFTPAY carries a ‘verified by access ‘ stamp to authenticate the page giving

Access Bank Commences Accelerator Program, To Empower Startups Through Fintech Foundry – Naijanewsdirect

The Africa FinTech Foundry (AFF), an initiative of Access Bank Plc has commenced its accelerator programs.   The initiative is set to empower emerging startups, with mentorship programs, advisory and has committed N10 million in cash to the top three finalists.   The accelerator program which opened its entries last month, received 306 registrations and after rigorous assessments was later shortlisted to 30 participants.   Theses finalists were further screened by the Head of the Africa Fintech Foundry, Mr. Daniel Awe; Group Head, Emerging Businesses, Access Bank, Mrs. Ayodele Olojede; and Vice President, Investments MBO Capital and Fintech Consultant, Mr. Oshone Ikazobor, in a bid to narrow it down to 10 -15 finalist.   Speaking on the sidelines of the event, Awe said the AFF was committed to empowering startups with resources and to ensure start-ups are equipped to scale their businesses.   He said: “If a start-up has an idea and you throw it into a market of 42 million customers, the acceleration is going to be faster. So, it is using the entire ecosystem of our group to build the future of the country.”   “In the next 10 years, these guys coming here we see them becoming a unicorn worth over $100 million and a season is coming where would see these startups becoming the next drivers of our economy.”   On funding available for the start-ups, he added: “Funding is based on ideas and what would be required to move the idea forward. We have a commitment of about N10 million. After they come into the accelerator program, there are a top three but the other ones are going to be exposed to investors.   “This initiative would have a direct impact into the economy because it is targeted at the medium scale businesses and these are the businesses that can change economies in terms of reducing employment rate and socioeconomic levels.”   Also

Access Bank Leads Banker’s Committee In Revamping and Restoration Of National Theatre In Lagos – Naijanewsdirect

Topmost financial inclusion bank, Access Bank has On Sunday February 14, 2021, thrown its weight behind Revamping and Restoration of the National Theatre, Iganmu, Lagos State, Nigeria. The Memorandum of Understanding (MOU) for the Revamping and Restoration of the National Theatre was signed between the Federal Government and Central Bank of Nigeria/Bankers Committee. Also signed is the contract awards for the project. After the signing of the MOU The signing of the MOU and contract awards was witnessed by the Host Governor, Babajide Sanwoolu of Lagos State, Governor of Central Bank of Nigeria, Godwin Emefiele, Honourable Minister of Information and Culture, Alhaji Lai Mohammed, Mr. Sunday Dare, Minister of Sports and Youths Development, CEO of Access Bank, Herbert Wigwe, General Manager/CEO of National Theatre, Prof Sunday Ododo, fsonta, FNAL and the Director of Legal Ministry of Information and Culture, Mr Nnanna Ibom,  in a very colour ceremony held at the Entrance ‘A’ of the National Theatre. The CBN Governor stated that the Renovation project is expected to take 15 months to complete. Minister for Information, Lai Mohammed and CBN Gov. Godwin Emefiele.   Speaking before the signing, the Honourable Minister of Information and Culture, Alhaji Lai Mohammed retirated that this renovation will not lead to a single job loss, rather it will lead to the creation of at least Ten Thousand direct jobs. Aside, the restoration of the iconic edifice, the Lagos Creative and Entertainment Centre (LC&EC) is to be created inside the National Theatre. Complex. The LC&EC is to consist of four Hubs: Films, Music, IT and Fashion. It will be recalled that this signing is the culmination of a journey that started July 12, 2020 when the National Theatre was officially handed over to the CBN and Bankers Committee for Revamp and Restore. This signing coming merely days after the Wednesday 10th February, 2021 FEC (Federal Executive Committee)