Business

Polaris Bank Rewards Customers in MoneyGram Campaign

Published

3 years ago

December 26, 2020

Thirty lucky customers of Polaris Bank across different business locations of the Bank will be rewarded with shopping vouchers in the Polaris Bank – ‘MoneyGram for You’ Campaign.

The beneficiaries are customers of the Bank who received transfers in Polaris Bank within the six weeks period of the campaign that ended December 6.

Customers who receive at least two MoneyGram transactions from a Polaris Bank branch every week within the six weeks period of the campaign will qualify to win Shoprite Vouchers valued at N5,000.00 each.

Five of the customers with the highest cumulative value of transactions from those who meet the set criterion will win the vouchers. A total of thirty (30) customers will be selected and rewarded accordingly.

The campaign is aimed at encouraging increased patronage of the services of the wire money transfer franchise and is specifically targeted at customers who receive their transfers in Polaris Bank.

Three of the beneficiaries; Kareem Tomiwa Ademuyiwa from Dopemu branch, Mutiat Kosoko from Ketu Branch and Gloria John from Iwo Road branch, Ibadan, Oyo state were amongst the early winners who praised Polaris Bank for providing them the opportunity to win.

According to Mr. Kareem Tomiwa Ademuyiwa “Polaris Bank will always be my number one Bank, I thank MoneyGram and Polaris Bank for this rare opportunity. I will continue to introduce more customers to the Bank.” On what he would he would use the reward for, he noted that “I was able to use those vouchers for shopping baby items as my wife put to bed few days before I won the prize,” he added.

Another winner, Mrs. Mutiat Kosoko also said she would be taking her kids out for shopping to give them a nice treat during the Christmas season.

Gloria John, a customer of Polaris Bank Iwo Road Branch, Ibadan, Oyo state explained that , “That was my first time of winning such voucher and it encouraged me to use MoneyGram money transfer anywhere I go, thanks to MoneyGram and Polaris Bank for the opportunity and good customer experience at all time.

MoneyGram is the 2nd largest provider of money transfers in the world with a network of over 350,000 agent locations across the globe in over 200 countries. Polaris Bank is a key MoneyGram agent in Nigeria with the service available in its branches across Nigeria.

Polaris Bank is a future-determining bank committed to delivering industry-defining products for individuals and businesses.

Business

ACCESS BANK (SL) LTD STRENGTHENS LEADERSHIP TEAM WITH KEYBOARD APPOINTMENTS, NAMES NEW CHAIRMAN

Published

6 days ago

May 13, 2024

D'SHOW

Access Bank Sierra Leone Ltd (‘Access Bank (SL) Ltd’) has announced the appointment of new executives to its Board of Directors (‘the Board’), further strengthening its leadership team and advancing the implementation of its growth and transformation strategy. These appointments also reflect the Bank’s commitment to fostering growth and development while maintaining the highest standards of governance and stewardship.

Joining the Board as Non-Executive Directors are Maurice Nathaniel Cole, Nsikak N. Usoro, Michala Mackay, Ibrahim Khalil Lamin, and Kolawole Augustine Ajimoko. The appointees boast a wealth of expertise from diverse sectors, including banking, telecommunications, corporate governance, compliance, and finance. Their combined
experience and vision will contribute to shaping the future trajectory of Access Bank (SL) Ltd. Cole will serve as Chairman, following the exit of Alice Marie Onomake and will bring his experience to the fore as Access Bank (SL) Ltd works to consolidate its market position and deliver value for all its stakeholders.

“We are thrilled to welcome our new executives to Access Bank (SL) Ltd,” said Ganiyu Sanni, Country Managing Director, Access Bank Sierra Leone Ltd. “Their leadership and vision will be invaluable as we navigate through challenges and pursue sustained success. We extend our gratitude to the outgoing Chairman, Alice Marie
Onomake, and Non-Executive Director, Aminata B. Dumbuya, for their dedicated service and contributions to the Bank.” Access Bank (SL) Ltd remains committed to excellence, transparency, and accountability as it embarks on this exciting new chapter. The Bank looks forward to leveraging the collective expertise of its leadership team to drive innovation, foster growth, and create lasting impact for its customers and communities.

Business

Federal Government to Audit N2.8tn Fuel Subsidy Request Submitted by NNPCL

Published

1 week ago

May 9, 2024

D'SHOW

The President Bola Ahmed Tinubu led Federal Government has made its intention known to initiate a new audit of the N2.8tn fuel subsidy request submitted by the Nigerian National Petroleum Company Limited.

An auditing firm, KPMG has successfully completed an initial audit that resulted in a reduction of the claims from N6 trillion to N2.7 trillion.

The federal government is exploring the option of involving an independent audit firm or instructing the Office of the Auditor General of the Federation to authenticate the assertions put forth by the corporation concerning the government’s outstanding debt to the oil company. The current move will ensure transparency and also ensure financial discipline in disbursing government funds which is in line to the administrations quest to curb corruption.

Business

Access Holdings Vests 23.8 million Units of Shares on Senior Executives

Published

1 week ago

May 9, 2024

D'SHOW

In line with the disclosure requirements of the Securities and Exchange Commission and the Nigerian Exchange Limited, Access Holdings Plc , Africa’s leading financial services group, has announced the award of 23.8 million ordinary shares to some of its senior executives and executives of Access Bank, its flagship subsidiary. This is in pursuant of the terms of its shareholders approved Employees Performance Share Plan.

Bolaji Agbede, the Acting Group Chief Executive Officer of Access Holdings, Roosevelt Ogbonna, the Managing Director/Chief Executive Officer of Access Bank, and six others were vested with 23,883,790 units of the Group’s shares, worth a combined N427.13 million.

This was disclosed via notices duly filed with the Nigerian Exchange Limited on Tuesday.

According to the filings, Ogbonna got the highest amount of shares totalling 12,345,679 units and worth N220.37 million, having been traded at N17.85 per share.

Agbede was vested with 2,216,992 units of shares, valued at N39.795 million.

Other directors, who had shares vested include Seyi Kumapayi, Executive Director, African Subsidiaries, Access Bank, with 1,234,568 worth N22.16 million; Iyabo Soji–Okusanya, Executive Director, Commercial and Investment Banking Division, Access Bank, with 1,691,308 at N17.95 per share. Her vested shares are valued at N30.36 million, and Chizoma Okoli, Access Bank’s Deputy Managing Director, Retail South, who got 1,728,395 units valued at N30.85 million.

Dr Gregory Jobome, Executive Director, Risk Management, and Hadiza Ambursa, Executive Director, Commercial Banking, were each vested with 1,728,395 valued at N30.85 and N31.02m respectively. Access Holdings’ Company Secretary, Sunday Ekwochi, was vested with 1,210,058 units of the Group’s shares worth N21.72m.

The shares were vested on May 3rd and May 6th.

The vesting of the shares is not a purchase or sale transaction in the context of the Exchange’s Rules.