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Heritage Bank, Lagos State sponsor one-day seminar for JAMB students

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Heritage Bank Plc, Nigeria’s most innovative banking services provider, has taken another giant step towards being the timeless wealth partners with its stakeholders, as it sponsored a one-day JAMB Seminar for the Ifako-Ijaiye students.

This is part of the bank’s initiative to develop the advancement of education in Nigeria; as the bank in partnership with a House of Representative member in Lagos State organised a one day seminar to educate the audience about the techniques required to scale the JAMB 2017 calendar huddle in aspiration for admission into tertiary institutions in the country.

The seminar, which had no fewer than 20 schools represented with an average of at least 1,500 students from the two local governments comprising of both government schools and private schools in attendance.

The forum, held weekend at Obawole in Ifako Ijaiye Local Government area of Lagos State, commemorated the first 100 days in office of Honourable Nurudeen Olaitan Akinwunmi as a Member of the House of Representatives. Akinwunmi is representing the Ifako-Ijaiye Federal Constituency at the National Assembly.

Addressing the participants at the occasion, Hon. Akinwunmi said just like illiteracy, ignorance is a dangerous circumstance because anybody who is ignorant on any issue is not different from an uneducated person.

He stated that excelling in a higher institution admission qualifying examination like JAMB requires more than being brilliant. “Being sound in the combination of subjects on which questions are to be set may not necessarily translate to being admitted. There are so many issues involved. That is why millions of brilliant candidates who have sat for JAMB up to two, three times have failed to gain admission” he specified.

He therefore charged the students that the ultimate goal of the seminar is to ensure that the majority of the participants pass this year’s JAMB qualifying examination. His words: “My belief is that while most parents can afford the cost of the JAMB Form, most parents cannot afford to teach what you’ll be taught today.”

Corroborating him, Mr. Jide Johnson, one of the facilitators at the forum, advised the audience to ensure they concentrate in their examination. He said concentration is key to success for any student who would pass in JAMB examinations. Again, he said they should always bear it in mind that they are going to the examination for a specific purpose and not for fashion show. Bearing this in mind, Johnson charged them to build on their courage as they prepare for this year’s JAMB examination coming up in May.

He stated that it is difficult for any student to understand all the questions in JAMB examinations; however warned them to attempt only those questions they are sure of. “Answer only those questions you are sure of and leave those you do not understand. You cannot know every question; do the ones you know and leave those you do not understand”, he counselled.

Justifying the Heritage Bank’s support for the seminar, Jake-Biosa Ogechi, team member (Cowry & SME), Heritage Bank, explained that the financial service provider is a bank that loves to work with its partners.

She said the bank decided to stay by the students even before their planned admissions into tertiary institutions with a view to boosting their understanding of the need for saving culture.

Ogechi therefore charged parents, whose children plan to gain admission into higher institutions of learning in Nigeria to embrace the various banking solutions in the stable of Heritage Bank. According to her, parents should ensure they open Heritage Bank Board Account for their wards; as doing that would make financial communication easy between them and their children.

She said there are several other banking solutions like HB Tier 1 Account and YIEDP Intervention Scheme that Heritage Bank has developed for the benefit of its numerous customers and other stakeholders.

Ogechi assured the students and their parents that Heritage Bank is a bank they can always count on as a timeless wealth partner.

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Union Bank, WACOT Rice Kick Off Financial Inclusion Drive for Smallholder Farmers in Kebbi

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As part of Union Bank’s commitment to driving financial inclusion in Nigeria, the Bank has partnered with WACOT Rice Limited – a rice processing company, to financially include 6,000 local farmers including youth and women in Kebbi State.
The Kebbi Financial Inclusion Drive (KFID) which will cover four Local Government Areas – Argungu, Augie, Suru, and Dandi – is a critical part of WACOT’s Argungu Outgrower Expansion Project funded by United States Agency for International Development (USAID) West Africa Trade Hub. This program is set to resolve the overwhelming financial inclusion deficit within rural communities in Kebbi.
The financial inclusion initiative is being implemented with technical support from National Identity Management Commission (NIMC), to help the farmers acquire the relevant documentation and identification required to open bank accounts.
Union Bank will facilitate account opening and expand its agency banking network to cover the areas while supporting its agents on ground with digital banking solutions to enable seamless transacting and account management.
Farouk Gumel, Chairman WACOT and Board Chair, Union Bank was on ground in Kebbi State to kick-off the drive and paid a visit to the Kebbi state Governor, Senator Abubakar Atiku Bagudu to discuss expanding the programme state-wide.
In his recent keynote address at the recently concluded and  Chartered Institute of Bankers of Nigeria (CIBN) Conference, Mr. Gumel said:
 “As we work towards achieving financial inclusion to reach the unbanked, we must commit the same resources and investments to rural-local customers as we have done to urban-global clients to help create the growth that will lift us all to collective prosperity.”
WACOT Rice is a subsidiary of TGI Group. TGI Group, through another of its subsidiary Titan Trust Bank, recently acquired Union Bank in a landmark transaction which was announced in 2021.

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FIRSTBANK PARTNERS VERVE INTERNATIONAL, MAKES CUSTOMERS MILLIONAIRES IN THE FIRSTBANK VERVE CARD PROMO

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In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out their electronic banking transactions.

The ongoing 2-month promo will end on 30 October 2022 as 20 customers (10 customers per month) with the highest transaction count during the promo will be made millionaires, winning the sum of N1 million each. Also, N20,000 will be won by 25 customers monthly.

On the other hand, 2620 FirstBank verve cardholders that double their transactions every week, stand a chance to enjoy 10% cashback capped at N2,000 per customer.

Speaking on the promo Chuma Ezirim, Group Executive, e-Business & Retail Products, FirstBank said “we appreciate our partnership with Verve Card through the years; a partnership of empowerment and opportunities which include growing the economy, supporting new businesses and preventing unemployment. FirstBank verve card holders are encouraged to keep using their cards as it is a card offering that promotes safe, convenient and rewarding digital banking experience with 20 customers standing a chance to be millionaires at the end of the promo.”

Verve card is a secure debit card that allows cardholders to conveniently meet their daily financial needs such as payment for goods and services, airtime recharge, bill payments, funds transfer, etc. Verve card is accepted across all ATMs, POS, Web and Mobile Platforms in Nigeria.

The promo is also opened to new verve cardholders as non-verve cardholders are encouraged to visit the nearest FirstBank branch today to pick up a Verve card and start getting rewarded!

Only recently, FirstBank – in partnership with Verve – rewarded over 2601 FirstBank verve cardholders with various prizes; including N20,000 cash prize, N10,000 cash prize, N10,000 worth of airtime; power generating sets, refrigerator, cooking gas, smart TV and the grand prize of a brand-new car to a lucky winner.

 

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Federal Government Orders University Vice-Chancellors To Reopen Schools, Begin Lectures Amid 7 Months Lecturers’ Strike

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The government issued the directive through the National Universities Commission (NUC), and a letter signed by its Director, Finance and Accounts, Sam Onazi, on behalf of the Executive Secretary of the commission, Professor Abubakar Rasheed.

The Nigerian government has directed vice-chancellors to re-open universities and allow students to resume lectures immediately.

The government issued the directive through the National Universities Commission (NUC), and a letter signed by its Director, Finance and Accounts, Sam Onazi, on behalf of the Executive Secretary of the commission, Professor Abubakar Rasheed.

 

The letter which The PUNCH obtained on Monday, was reportedly addressed to all vice-chancellors; Pro-Chancellors and chairmen of governing councils of federal universities.

 

“Ensure that ASUU members immediately resume/commence lectures; Restore the daily activities and routines of the various University campuses,” the letter partly reads.

We had reported that the National Industrial Court of Nigeria (NICN), on Wednesday, September 21, 2022, ordered the Academic Staff Union of Universities (ASUU) to call off its ongoing nationwide strike.

 

It reported that the umbrella body of the lecturers in public universities had declared a warning strike on February 14, to force the Nigerian Government to implement agreements it earlier signed with the union.

 

The agreement stipulated how university education would be funded for better improvement.

 

The strike has since rolled over and is now in its seventh month following the government’s failure to implement all the agreements.

 

Several meetings between ASUU and the Federal Government have ended in a deadlock.

 

Consequently, the Federal Government went to court to challenge the strike.

 

The government through its counsel, James Igwe, prayed the court for an interlocutory injunction restraining ASUU from taking further steps as regards the strike, pending the determination of the substantive suit.

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