• Home
  • About Us
  • Privacy Policy
  • Foreign News
  • Opinion
  • Photo News
  • Special Reports
  • Contact Us
Thursday, September 28, 2023
  • Login
The Metro File
Advertisement
  • Home
  • Latest News
    • Law & Crime
    • Economy
    • Politics & Governance
    • Health
    • Tourism
    • Education
    • Celebrity
    • Sports
    • Entertainment
  • Special Reports
  • Features
  • Press Release
  • Opinion
  • Interviews
No Result
View All Result
  • Home
  • Latest News
    • Law & Crime
    • Economy
    • Politics & Governance
    • Health
    • Tourism
    • Education
    • Celebrity
    • Sports
    • Entertainment
  • Special Reports
  • Features
  • Press Release
  • Opinion
  • Interviews
No Result
View All Result
The Metro File
No Result
View All Result

Ecobank growing entrepreneurship, wealth creation with agency banking

Metrofile by Metrofile
June 28, 2021
in Economy
0
Ecobank to list $300m bond in London Stock Exchange

By Anthony Nwachukwu

With over 32,000 Nigerians, including former employees and retirees, living daily through the scheme, Ecobank Nigeria says its vision of driving entrepreneurship, employment opportunities by supporting Micro, Small and Medium Enterprises (MSMEs) was already yielding fruits.

Head of Ecobank Nigeria Agency Banking, Olanike Kolawole, told the media in Lagos that apart from helping to drive its financial inclusion strategy, the agents were also empowered to create wealth and enjoy financial freedom.

According to Kolawole, customers can make simple deposit, payment and transfers in their neighbourhoods instead of traveling for hours to a bank branch, and these are parts of the bank’s efforts to help more Nigerians embrace entrepreneurship as the best strategy out of poverty and unemployment.

“We are happy with our agency banking services providers, also known as our Xpress Point agents, knowing they are playing a critical role in helping us reach out to the unbanked and underbanked in the society,” Kolawole said.

“They are bringing more people to the banking space through their services. They carry out financial transactions on our behalf and earn commission on every transaction processed. The Xpress Point is also a channel being used for the deployment of government’s national social intervention programmes.”

She listed the services offered by the Xpress Point agents to include cash in, cash out, fund transfer, bills payment, airtime recharge, remittances and account opening, among others.

According to her, these are available for “sole proprietors, partnerships, co-operative societies, microfinance banks, companies with large distribution network – like petrol stations, FMCGs, telecommunication companies, super agents, aggregators and unregistered businesses such as petty traders, hair saloon operators.

Post Views: 132
Previous Post

NIMASA to ship owners: CVFF belongs to FG, you cannot surcharge yourself

Next Post

Customs arrests five suspects, intercepts tramadol, others worth over N99m

Next Post
Customs arrests five suspects, intercepts tramadol, others worth over N99m

Customs arrests five suspects, intercepts tramadol, others worth over N99m

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Viewed Posts

  • Lagos State monthly IGR rises to N34bn (9,189)
  • HISTORY AND CULTURE OF THE KABBA PEOPLE (5,061)
  • I will never dump APC for PDP ― Kalu (2,471)
  • Ataisi Frank emerges RMF’s Personality of Week (2,436)
  • Wage bill: FG begins clean-up of civil servants payroll ―IPPIS (2,401)
  • About Us
  • Contact Us
  • Privacy Policy

© 2023 The Metro File - All rights reserved. Website deisgn by Lamark Inc..

No Result
View All Result
  • About Us
  • Contact Us
  • Home
  • Privacy Policy

© 2023 The Metro File - All rights reserved. Website deisgn by Lamark Inc..

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In