Items filtered by date: Friday, 02 August 2019
The British Government has advised Nigerians to see Brexit as an opportunity of opening its relationship with the rest of the world through its exit from the EU.
 
The British Deputy High Commissioner to Nigeria, Ms Gill Atkinson gave the advice when she paid a courtesy visit to the Deputy Speaker of the House of Representatives, Rep. Idris Wase in Abuja on Thursday.
 
Brexit, an abbreviation for British Exiting, refers to the UK’s decision to leave the EU following a referendum held on June 23, 2016 which 51.9 per cent of its citizens voted in support of leaving the EU.
 
The UK government invoked Article 50 of the Treaty on EU, starting a two-year process which was due to conclude with the UK’s exit on March 29, but has since been extended to Oct. 31.
 
“If I were Nigerians, I would see Brexit as an opportunity for Nigerians.
 
“This is something where our Prime Minister and our Foreign Secretary are very clear that they want their relationships with the world open up and no longer just focused on Europe.
 
“So if I were a Nigerian businessman or an artist, I will be seeing this as an opportunity,” Atkinson said.
 
She said that she was visiting the deputy speaker to discuss on ways to build relationships between the parliaments of both countries to promote “parliamentary democracy”.
 
“We have talked about the relationship between our parliaments, the Deputy Speaker’s role and the Commonwealth Parliamentarians Association and how we can develop relationship between our two parliaments.
 
“It is through parliamentary democracy that countries develop stability, prosperity and human rights, so making sure our parliamentarians have the opportunity to share their experiences and understanding will help us all to move forward.”
 
The deputy high commissioner also condoled with Nigeria on the Boko Haram attack that reportedly claimed at least 65 lives and injured 10 other at a funeral in Borno, according to authorities on July 28.
 
Earlier, the deputy speaker said that the Nigeria was committed to sustaining its relationship with the UK for the good and benefit of the citizens.
 
He also expressed gratitude for the UK’s continued positive response to Nigeria’s quest for improved security of lives and property in the country.
 
Wase also urged the UK government to sustain its efforts toward improving Nigeria’s security and called for more collaboration between both countries.
 
“By the grace of God, we will work together for the progress of our people and our country; I want to assure you of that.
 
“I believe we can do more as a country; I want to appeal on behalf of our country for you to issue a stern gesture toward our internal security,” he said.
Published in World

Managing Director, Ecobank Nigeria, Patrick Akinwuntan, launched EcobankPay zone at Alaba International Market, Lagos

EcobankPay, the lifestyle digital payments and collections service of Ecobank Nigeria has recorded a cumulative transaction value of over N1 billion.

EcobankPay offers customers a multi-channel payment experience including: Mobile QR Payment at merchant stores (mCash, Masterpass and mVisa),  Merchant QR is set up via Facebook Messenger a well as USSD payment for low-income phone users.

EcobankPay is used by all businesses from small, informal micro merchants to large corporates as well as governments. It enables them to offer easy and convenient payment options to their customers in-store or online.

EcobankPay’s unique offering is such that all bank customers in Nigeria can pay with Masterpass, mVisa, and mCash with any phone by scanning the QR code or using USSD at merchant locations.  It is free to set up, as the shop owner only needs his/her QR code and phone for notifications to start receiving quick and easy payments. EcobankPay is currently available at over 90,000 multiple merchant  locations across the country, additional offerings include instant settlement of transaction with no transaction fees and it supports domestic and cross border transactions.

Announcing this in Lagos, Carol Oyedeji, Executive Director, Commercial Banking, Ecobank Nigeria, said the current level of performance of EcobankPay underscores the choice of the bank in bringing digital payment solutions for safe, reliable and convenient transactions to both customers and non- customers of the bank.

She further added that the channel offers a distinct advantage of supporting the three main schemes, Masterpass, mVisa and mCash, thereby broadening acceptability regardless of which Bank a Client makes payment from, saying that the QR Code is much cheaper than having a point of sale (PoS) terminal and credit to the merchant is instant.

In his comment,  Patrick Akinwuntan, Managing Director, Ecobank Nigeria said “we are placing Ecobankpay as the choice for instant digital payment in every part of the country.”

He noted that the innovative payment solutions was introduced by the bank to create payment convenience for good and services and also to support the growth of  businesses including small and medium scale enterprises (SMEs) across the country.

“We are impressed with the significant progress made so far on EcobankPay transactions. It is gradually becoming a lifestyle payment for all. The initiative is to deepen financial inclusion in the communities and specifically aid business transactions between merchants and clients by eliminating risk of payment rejection. It also delivers instant value and sales, transparency for merchants and all customers,” he stated.

EcobankPay is available at over 32 EcobankPay zones across the country and multiple merchant locations across various markets. The EcobankPay Zone is a digital payment hub enabling businesses within a location adopt Ecobank’s wide range of digital products for ease of payments for goods and services.

The payment options at the zones include EcobankPay, Xpress points, Automated Teller Machines (ATMS) and Point of Sale (PoS).

The EcobankPay Zone launched in February 2019 is available at the Alaba International markets, International Trade Fair, Balogun Market, Saka Tinubu Market in Lagos; Relief market Onitsha, Ariaria Market both in South East; Kofa Ruwa and Kantin Kwari Market in Kano;  Wuse and Dei-Dei Market Abuja ; Phone Village, Port Harcourt, New Benin Market in Edo State and Main Market Warri, among others.

Published in Bank & Finance
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