FirstBank Explains Introduction Of New Website

JUST IN: FirstBank Introduces New Features To Its Banking System
FirstBank, Nigeria has launched  new website: https://www.firstbanknigeria.com/.
The  new website was upgraded with features that are streamlined to reinforce its role in delivering seamless banking and technology solutions to its customers across the world,according to the bank.
It stated that it is configured with modern design and improved functionality that eases customer experience whilst carrying out various activities on the site, including electronic banking. Non-customers are also able to open an account, putting them at an edge in the industry as they establish a relationship with the Bank that puts YOU, its customers, First.
The new website seamlessly adopts a fresh, magazine-style look and feel for easy navigation in order to promote the access to essential information for its customers, FirstMonie agents, prospective agents and the public. This upgrade also guides one to make well-informed decisions about one’s personal, business and private financial needs.
Dr. Adesola Adeduntan,the CEO of FirstBank Group, said that, “as one of the key contact points to existing and potential customers, the Bank’s website remains a gateway to our business, supporting our unique value propositions and financial services solutions. As such, we are committed to continuously improve the overall user experience through intriguing content quality, exciting features and ease of navigation.”
He further noted that the bank’s new website will be updated on a regular basis with exciting features that will continue to reinforce its  resolve to promote digital customer interactions and transactions across our virtual touch-points and platforms.
Sterling Bank  Introduces Mobile PoS Solution

Sterling Bank Unveils Contactless Payment Solution, "OnePay For Business"
Sterling Bank Plc has launched a product called ‘OnePay for Business’, a mobile app that empowers merchants to use their mobile phones as Point-of-Sales systems.
The bank explained that  it allows merchants and their customers to receive and make cardless, contactless and cashless payment for goods and services in a near-cash form using QR code, bluetooth and PaywithSpecta.
Dipo Alabede, the Group Head, Digital Banking, Sterling Bank, said  OnePay  met the need for a hygienic payment method in a COVID-19 world.
He said: “The contactless payment feature on the app is essential for merchants and customers because it keeps both safe as the world combats the coronavirus pandemic. It is also an effortless way to make payments.”
He added that the product was easy to use and available for download on the Android Play Store and iOS Store.
He said it required a smartphone with an Internet connection to set up.
“After setting up, customers can log in to use payment options that include QR code, nearby payment (bluetooth) and PaywithSpecta,” he said.
Explaining, he said a QR code is a unique barcode containing the merchant’s business name, QR merchant ID, and other information encoded into it. Instead of manually entering data into their mobile phones, customers would scan a merchant’s QR code using the QR feature on their app to start the payment process.
Alabede explained that customers could make payment using the app’s QR feature if it was enabled as a part of their mobile banking offerings.
 “To pay merchants, customers have to open their OneBank app or any other bank mobile app to select the QR service option, validate and complete the transaction,” he said.
He identified being able to make payments anytime and anywhere, even without a wallet or sufficient cash at hand, as one of the benefits of using the Sterling QR service.
Merchants could also accept payments anytime and anywhere by using the mobile app, he said.
Urging merchants to download and use the app, the Executive Director, Commercial Banking at Sterling Bank, Tunde Adeola, noted that it would save them money and reduce their cost of operations.
The Chief Digital Officer of the bank, Olayinka Oni, described the product as another means of enriching lives through immediate settlement value for merchants.
Rite Foods Puts Nigeria On Global Map

GET TO KNOW US - Rite Foods Limited
Large, diversified, family-owned businesses are dominant players in the economies of most emerging markets and can be excellent business partners for Western companies.
 Besides, Conglomerates in emerging markets aim to gravitate towards building, developing, or buying new capabilities, as well as strengthening core capabilities and retrofitting obsolete capabilities to help them succeed in the next decade.
It is, however,ironic that most business concern in Africa, indeed Nigeria struggles and eventually goes into oblivion after the exit of the founder and first generation custodians, but, this jinx has been defiled by Rite Foods Limited.
Rite Foods, a world-class and proudly Nigerian foods and beverages manufacturing company was established in 2007 as a subsidiary of the innovative, ESS-AY Holdings Limited.
This strong heritage started in 1963 with ESS-AY Holdings Limited, having four (4) companies under its wings; Fototek Industries Limited, Photo Palace Limited, Photo Product Division and Prints Speciality Limited. Competing with Multinationals e.g. Kodak, Fuji, Konica Minolta. Also, had the first fully-equipped Colour and largest Photo Lab in West Africa, responsible for AGFA in eight countries of the West African region namely Nigeria, Benin Republic, Togo, Ghana, Burkina Faso, Niger, Chad, Cameroon.
Rite Foods Factory started from the Ground Floor of Adebola House, Opebi, Lagos in 2008, following the digital evolution in photography that the Group decided to diversify into the FMCG sector, which led to the birth of Rite Foods Limited.
Producing three variants of sausage brands, competing for the market share with multinationals like Leventis, UAC Foods and UTC.This emerging conglomerate has imbibed the exceptional culture of excellence and success of always being No. 1 in any business ventured into with the introduction of innovative products. With time, Rite sausage brands became the Most innovative Sausage Roll, Number 1 Sausage Roll in Nigeria with the Innovative Rite Spicy Sausage and Dominated the Sausage Market with variety of the Sausage Rolls.
Also, it introduced the Bigi Carbonated Soft Drinks (CSD) in 2016 and Fearless Energy Drinks in 2017.Since then, the brands have set the pace for others to follow, as the most preferred products by families nationwide, as well as addressing the market need of young pupils in schools. The CSD has 12 variants, the Bigi Premium Table Water, which is produced with global best practices in purification for hydration, freshness and healthy living.
The company’s inventiveness has earned high recognition in the energy drinks market with the first ever packaged polyethylene terephthalate (PET) bottle brands for the Fearless Red Berry and Fearless Classic. It is perhaps, the fastest-growing Foods and Beverages Company in West Africa, with the vision of becoming the industry’s foremost conglomerate by 2030.
For a Nigerian based refreshment organization with humble beginnings, Rite Foods has defeated the chances in an industry soaked with numerous International Brands. Their prosperity is expected less to what the organization did before dispatch, yet how it figured out how to flourish after launch.
Starting a beverage industry that is undertaking all operations in Nigeria has been quite a challenge especially with consumers remaining very adamant to change especially with the mentality of not wanting to try out new brands. They have been able to win the hearts of Nigerians with top quality and their taste not differing from that of their giant rivals.
Being an industry that undergoes all operation in Nigeria they have been able to employ over 3000 youths which is an estimate of the number of youth corpers in one batch stream in Lagos in just three years of establishment. And not only did they create a large number of employment, they also provide them with staff accommodation within a stone throw from the office that makes working stress free.
The rapid success of Rite Foods Limited, presently led by second generation custodians and gradually extending into the next generation, broken all encumbrances known with indigenous businesses, can be attributed to its quality consciousness and technological advances within the market space.
Due to the vision and expansion drive of the founder, a Truly World-Class Factory was built in Ososa, Ogun state and started production in 2012. Both the sausage and beverage products are produced in world class facilities with machineries that are the best from all over the world ensuring the most hygienic conditions. The factory which is automated with little or no – human interference, generates its own source of electricity via the largest solar plant in West Africa alongside it usage of Gas and Diesel induced plant connected to the National Grid that facilitates seamless,24/7 uninterrupted power supply to the highly sensitive, sophisticated technology factory.
With the vision of leaving an enduring legacy, Chairman, ESS-AY Holdings Limited, Dr.S.A Adegunwa while receiving The Vice President, Prof. Yemi Osinbajo at the factory in 2017, noted that “with the visit of his excellency to our factory, this is a defining moment in the history of Rite Foods Limited”. The VP also corroborated the submission of the Chairman, stated “this is a testament to the true Nigerian spirit of hard work, bold entrepreneurship and commitment to world class standards”.
As part of relief efforts to cushion the economic effects of coronavirus, Rite Foods Limited partnered with the Lagos State government in its COVID-19 Emergency Food response Project, also provided thousands of bottles of drinking water to support residents of the state. The Euphoria generated at the 2020 Headies awards which was the 14th edition of the annual awards would not have been created without the influence of Rite Foods. It was a very exceptional one as 75% of the attendance was virtual due to the Corona Virus pandemic.
It is definitely more fitting that the number one Energy drink brand in Nigeria, Fearless, sponsored this edition of the Headies. Also, with the recent sponsorship of Prophetess, a movie shot in Nigeria and presently running at the Cinemas, Rite Foods Limited is gradually making inroads into Nigeria’s fledging and lucrative Nollywood. Nigerian Idols, a platform for budding and talented singers to express themselves is also been sponsored by this emerging, friendly conglomerate.
At the recent tour of the multi-million dollar factory, journalist were inundated with the Nigerianess and “I CAN, I AM” mantra of the Brand.
Established in 2007, Rite Foods Limited is a truly world-class and proudly Nigerian Food and Beverage Company, a subsidiary of Ess-Ay Holdings.
Its product line comprises the Bigi Cola, Bigi Orange, Bigi Apple, Bigi Bitter Lemon, Bigi Soda Water, Bigi Lemon & Lime, Bigi Tropical, Bigi Chapman, Bigi Tamarind, Bigi Cherry Cola, Bigi Ginger Lemon, Bigi Ginger Ale, Bigi Premium Table Water, Fearless Redberry and Fearless Classic Energy Drinks, Rite Spicy, Bigi Beef Sausage roll and Rite Sausage roll.
The company’s inventiveness has earned high recognition in the energy drinks market with the first ever packaged polyethylene terephthalate (PET) bottle brands for the Fearless Red Berry and Fearless Classic.
Samsung, Vision Care Commence  New CSR Activities, Earmark 12,000 Masks for Nigeria

Samsung, Vision Care Begin Fresh CSR Activities, Earmark 12,000 Masks for  NigeriaTHISDAYLIVE
Samsung Heavy Industries Nigeria Limited (SHIN) and Vision Care, an international relief organization dedicated to the prevention of blindness, have launched fresh Corporate Social Responsibility (CSR) initiative to help Nigeria mitigate the impact of COVID-19 pandemic.
Vision Care is a member of the International Agency for the Prevention of Blindness (IAPB), and participant of ‘VISION 2020’, a global initiative of the IAPB and the World Health Organisation (WHO).
Vision Care has since conducted more than 25 Vision Eye Camps yearly and has grown into an international non-profit organisation serving 38 countries throughout Asia, Africa and Central-South America.
Since 2015, SHIN has worked with Vision Care in the yearly Eye Camp as part of its Corporate Social Responsibility (CSR) to provide free cataract surgeries to Nigerians who cannot afford the payment. SHIN has been sponsoring the eye surgeries of Nigerians on a yearly basis.
In 2019, SHIN sponsored the eye surgeries of at least 115 Nigerian patients and 224 outward patients as part of its CSR in Nigeria.
Since it started the programme, SHIN has sponsored the eye surgeries of 572 Nigerian patients, 1,593 outward patients and has also donated glasses to 99 patients.
Due to outbreak of the COVID-19 Pandemic, the yearly Eye Camp for 2021 had been called off to adhere to Federal Government’s measures in response to the virus.
Consequently, SHIN and Vision Care came up with a fresh CSR initiative this year to donate 496 bags of rice (25kg) and 12,000 reusable face masks to three states in the country to fulfill their commitment of contributing to the society.
The items will be delivered later this month.
The three states that will benefit from the donation are Lagos, Kano and Bayelsa states.
Of the 496 bags of rice, and 12,000 facemasks, Lagos will receive 96 bags of rice and 200 masks.
SHIN also stated that Kano State will receive 200 bags of rice and 5,000 masks, while Bayelsa State will get 200 bags and 5,000 masks.
“This is an additional CSR activity from SHI in addition to SHIN’s donation of 5,000 COVID-19 test kits from Korea. The washable masks that the head office has purchased from Korea are certified to retain its effectiveness against COVID-19 transmission for up to 50 washes,” SHIN said in a statement.
 Easter: Hutchlam Services Donates To Motherless Home

R: Ms. Semilore Areola and Mr. Mesahidu Elamah (M), Managing Partner, both Hutchlam Services Limited, presenting donations to Ms. Victoria Solomon(L), Matron, Living Fountain Orphanage, during the courtesy visit by Hutchlam Services Limited to commemorate the Easter celebration at the orphanage, recently in Lagos
Hutchlam Services Limited,  one of the leading providers of technical business solutions and services,  is spreading love and touching lives in the spirit of the Easter Yuletide.
 The  management of the  company  demonstrated this gesture when it paid a courtesy visit to Living Fountain Orphanage in Lekki, Lagos recently.
Speaking on this initiative founder, Living Fountain Orphanage Mrs. Bethy Obieri expressed her profound gratitude while noting that the donation would positively impact the children’s lives this Easter season.
She added:“We want to say a huge thank you to the management and team of Hutchlam Services Limited for their kind donations towards our children at Living Fountain Orphanage, their demonstration of love will make a huge difference in the upkeep of our children especially in this season of Easter celebrations. We thank them for their care and support for these little ones.”
Managing Partner Hutchlam Services Limited, Mr. Mesahidu Elamah explained  that one of the corporate social responsibility (CSR) initiatives of the company is to support orphaned children.
He said: “our children are the future of our great nation and we recognize at Hutchlam Services, the need to nurture and support the next generation and what better time than now in the spirit of the Easter festivities to reach out and share our love for these precious little children. From our entire staff and management, we want to wish them a happy Easter and it is our hope that our gifts will put a smile on their faces as they celebrate this Easter” Elamah said.
Speaking further on the initiative, Ms. Tonia Uchenna implored more corporate organizations and individuals to emulate Hutchlam Services by lending their support to orphanages.
He added: “I am pleased about this laudable initiative from Hutchlam Services, I want to implore other corporates and indeed individuals who have the capacity to support orphanages across the length and breadth of Nigeria to please do so, these little ones despite their circumstances deserve to enjoy the basic needs they require as children. Essential Items like food, clothing, toiletries groceries and so on will go a long way in ensuring that the children are provided with the comfort they need on a day-to-day basis. What Hutchlam has done today is truly noteworthy and we thank them from the bottom of our hearts”.
Ikeja Electric Gets ISO Certifications

 Ikeja Electric (IE), has bagged three certifications in the electricity sector — latest International Organization for Standardization (ISO) certifications ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 — in recognition of its effective implementation of occupational safety and health, environment management and quality management processes.
The  power company also emerged as one of the runners-up for the ‘Most Responsive Organization to COVID-19 Crisis at the Nigeria Risk Awards 2020, and also bagged the AfriSAFE Merit Award 2020.
According to a statement by the Head, Corporate Communications, Felix Ofulue,the Disco’s management was last week, presented with the ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health and Safety Management System) 2020.
The statement quoted the Chief Executive Officer (CEO) of Ikeja Electric, Folake Soetan, as saying that the company has again reaffirmed its commitment to high standards, in line with global best practices, adding that the  awards demonstrate that the IE management processes and operations are effectively conducted by quality policies and forward-thinking leadership.
Soetan said: “We are indeed honoured by these certifications. I am dedicating these achievements to the entire management and staff who continuously give their best through strategic initiatives and innovation that deliver growth, improved service delivery and customer satisfaction for the brand.
“The fact that we have gained these recognition does not mean we have attained the desired peak or that we would become complacent, but rather we will continue to work hard towards operational excellence and improvement of service in line with our manta – ‘Customer first; technology Now’.”
The statement also quoted the Head of Quality, Safety, Health and Environment (QHSE), Mr. Jamiu Badmos, as saying that IE remains the industry trailblazer in areas of innovations including occupational health, safety and environment initiatives, adding that the result of the audit as approved by the Technical Committee from DQS in Germany has again certified Ikeja Electric to be compliant with global best practice.
According to Badmos, the statement said the adoption of technology and purposeful engagement of staff, customers and stakeholders has greatly contributed towards achieving effective quality, health, safety and environmental performance and operational excellence.
“We will continue to use risk-based thinking throughout our operations to promote a proactive approach for identifying risks and opportunities, thereby making continual improvement in order to enhance governance, customer experience, operational excellence and sustainability,” he said.
Seplat Empowers 143 Teachers in Edo, Delta States

One hundred  secondary school teachers and 43 Chief Inspectors of Education (CIE) from Edo and Delta states have received   Seplat Teachers Empowerment Programme (STEP) Certificates,following the conclusion of three-month training on the programme.
The STEP initiative is an educational programme created by the leading indigenous energy company, Seplat Petroleum Development Company Plc and its partners, the Nigerian Petroleum Development Company (NPDC), to improve the country’s standard of education, particularly for host states.
Over the years, SEPLAT made significant impacts with critical initiatives focused on providing quality education for states of our operations and the country. To consolidate its achievements on Sustainability Development Goal 4 for inclusive and equitable quality education, the Company introduced STEP (Seplat Teachers Empowerment Programme), a customized training programme for secondary school teachers.
In November 2020, the 143 certificate awardees from Delta and Edo states commenced their training with an initial five-day residential retreat. After that, they continued training  through  the E-Learning platform developed for the programme.
To commemorate the certificate presentation ceremony held on March 19, 2021, Seplat hosted an Education Round Table further to explore the right policy formulation for quality education. The theme for the round table was Provision of Quality Education: A National Priority.
The  company’s certificate awards ceremony took place last week, in Benin City, Edo State, alongside the Seplat Education Roundtable, which had educational experts and professionals in a highly engaging panel session moderated by Professor Pat Utomi. The keynote speaker for the day was the former Edo State Commissioner of Education, Prof. Ngozi Osarenren.
The panelists comprised the Director, External Affairs and Communications, Seplat, Dr Chioma Nwachuku; Professor of Guidance and Counselling at Ambrose Alli University, Oyaziwo Aluede; Director, Centre for Gender Security Studies and Youth Advancement, University of Abuja, Prof. Ocholi Ekundayo Fehintola; Professor of Educational Management, University of Ibadan, Benedict Oyovwevotu Emunemu and the Principal Managing Partner, Teach Smart Eduservices, Sola Okunkpolor.
The programme provided training on teaching applications for Science, Technology, Engineering, Arts and Mathematics (STEAM) and leadership and self-improvement. The testimonies of recipients of the maiden STEP highlighted the numerous benefits they gained from the programme, including enhancing their creative thinking and providing higher student engagement.
Roger Brown, the Chief Executive Officer, Seplat, represented by Dr. Chioma Nwachuku, Director of External Affairs and Communications, Seplat said: “Over the years, Seplat has invested significantly in various educational Corporate Social Responsibility (CSR) programmes, to support the United Nations Sustainable Development Goals (SDGs) Number 4, which speaks to education for all.
He further affirmed that “at Seplat, we strongly believe that education is the bedrock for national development and our STEP deployment aims to enhance teachers’ competencies and empower them with the knowledge and skills to implement STEAM education, amongst other benefits. Seplat is committed to providing this programme annually because of its relevance and positive multiplier effects on boosting quality education.”
Dr. Chioma Nwachuku, in her remarks, said: “Seplat is playing an invaluable role in enhancing the quality of education with the many educational programmes offered through the Company’s CSR initiatives. With the STEP programme, the Company now has a full boutique of programmes impacting the entire education value chain. Seplat educational programmes now cover improving school infrastructure, enhancing students’ academic performance, and building the skills and competencies of teachers, amongst others.
“Teachers are the critical success factor for the implementation of STEAM model; thus Seplat has embarked on empowering teachers with the STEAM knowledge and skillsets to enable them to deliver”, she added.
Prof. Osarenren, in her keynote, said what Seplat has done cannot be quantified as it will continue to drive critical thinking and generate problem-solving skills. She, therefore, urged the recipients of the programme to utilize the acquired knowledge to bear positive impacts on their students whilst remaining change agents, mentors and character builders, adding that: “Nobody can make you inferior without their consent.”
Prof. Utomi, while commenting on the state of education in the country, said society must appreciate and show esteem for teachers, adding that the impacts teachers make in the lives of students and community remain immeasurable.
According to Utomi, teachers need to continue to exhibit a strong passion for their profession with the undying commitment to sustaining the future generation. Misery amongst the people could only be effectively addressed by quality education.
Prof. Aluede said education is critical to combating poverty, and qualified teachers are the genuine agents needed to actualize this in Nigeria. He, therefore, stressed the need for the right curriculum, the requisite skill sets and effective partnership among stakeholders, as is being exhibited by Seplat.
Also speaking, Prof. Emunemu urged everyone who needed to become a teacher to acquire the minimum qualifications, pointing out that failure to do so would only result in wrong output from the sector.
Sola Okunkpolor, in her submission, advocated for a robust database in the educational sector to allow for good planning, monitoring and decision making. “Continuous data mining process is needed to enable us to know how many children are in school, how many are graduating, how many are progressive, how many are being engaged upon leaving school, and so on,” Okunkpolor added.
Oriental Energy Donates To Science  Akwa Ibom School

Oriental Energy Donates Palliatives to Akwa Ibom CommunitiesTHISDAYLIVE
 Oriental Energy Resources Limited,  has announced the donation of a state-of-the-art Science Laboratory Complex to Community Grammar School, Ebughu in Mbo Local Government Area of Akwa Ibom State.
The commissioning and handover ceremony was a demonstration of Oriental Energy’s commitment to education and human capital development in Akwa Ibom State,the company’s Managing Director , Mr. Ignatius Ifelayo,was quoted as saying,adding that  said the complex is evidence of the company’s long-term dedication to human capital development in the state.
According to him: “It is now very clear that most jobs of the future will require a basic understanding of mathematics and science. At the same time, recent developments around the world point to the fact that scientific and technological innovations are becoming increasingly important in the 21st century. Therefore, in preparing our children for the future, we need to provide them with a conducive learning environment, where they can lay a good foundation, especially through the study of biology, chemistry, and physics. This is the main reason why we embarked on the science laboratory project at Community Grammar School, Ebughu, Mbo LGA, Akwa Ibom State
“It is our hope that the judicious use of the laboratory complex for teaching and learning will lead to better academic outcomes for students registered for examinations in the core science subjects of Biology, Chemistry and Physics.”
The complex donated by Oriental Energy consists of Biology, Chemistry and Physics laboratories including teachers’ offices, toilet facilities and fittings, gas cylinders, and fire extinguishers; laboratory furniture including stools for students, teachers’ desks and chairs, white boards, shelves and storage facilities for reagents and chemicals. Other items donated include WAEC-standard equipment together with different types of reagents/chemicals for Biology, Chemistry and Physics practicals. Electricity supply within the laboratory building complex has been made possible by a Solar power system and inverter, which also pumps water from the borehole to the overhead tanks and solar water heating system.
The Akwa Ibom State Commissioner for Education, Mrs Idongesit Etiebet commended Oriental Energy Resources for embarking on the science laboratory project: “Oriental Energy Resources partnering with the State Government to promote education should be a challenge to other multinational companies, NGOs and individuals to join hands and build up the sector’’.
 Ecobank Launches Reward Schemes For Customers

Ecobank launches reward scheme, 50 customers to get N25,000 weekly - P.M.  News
Ecobank Nigeria has announced the launch  of  the Super Rewards Scheme for its customers nationwide.
The bank explained that the new scheme gives 200 of its customers an opportunity to earn different cash gifts monthly, with four of them becoming millionaires at the end of the four months campaign.
 Korede Demola-Adeniyi, Head, Consumer Banking, Ecobank Nigeria, who announced the commencement of the campaign in Lagos , said the scheme is designed by Ecobank to reward customers’ loyalty, explaining that 50 customers with the highest deposit will be rewarded with cash prizes worth N25,000 weekly. The campaign runs between March and July 2021.
 According to him,participation is open to both new and existing individual customers of the Bank, adding that, this is the perfect time to open an Ecobank account or reactivate and fund  a dormant account to qualify for the reward and enjoy a first-rate banking experience.
He added:“Fifty (50) customers with the highest deposit will be rewarded with N25,000 every week.  And four customers with the highest deposit and transaction value within the campaign duration will be rewarded with N1 million naira each.”
 Daberechi Effiong, Head, Consumer Products, Ecobank Nigeria, spoke on the dynamics of the scheme, saying the conditions to qualify for the scheme are simple  and easy to ensure both new and existing customers participate and get rewarded.
She said new customers are expected to open an account with a minimum of N5,000 and maintain the deposit for a 30-day period; same she noted applies to existing customers, who only need to fund their active account with a minimum of N5,000 or reactivate their dormant account with a minimum of N5,000 and maintain the deposit for a 30 day period.
 She also explained that customers can withdraw funds from their account during the campaign period but will  only be qualified for the reward when they maintain at least a balance of N5,000 in their account.
AccessBank Launches SwiftPay 

Access Bank Plc has  launched Swift Pay, a digital payment service that facilitates the receipt of business payments by enabling customers make quick, easy and secure digital payments on social media platforms to merchants.
 Group, Head, Emerging Businesses, Access Bank plc, 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 disclosed that statistics from a survey carried out post-lockdown showed that MSMEs were affected 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.
She added:“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.
She also disclosed 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 customers confidence when they transact.
 “We have been focused on providing solutions targeted at boosting the economy because we believe it is our responsibility to contribute to the stimulation of economic growth. With the launch of “SwiftPay by Access”, we are renewing our commitment to providing the much-needed technological support to our SMEs.” Olojede concluded.