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Thursday, October 31, 2019
Access Bank acquires Kenyan bank, gets CBN approval
Written by Nike Popoola and Feyisayo Popoola
The Central Bank of Nigeria has given Access Bank Plc an approval to acquire Kenya's Transnational Bank.
The Board of Directors at the Access Bank Plc on Monday confirmed the proposed acquisition of the Kenyan Bank, according www.pulse.ng.
Transnational Bank is a medium-sized commercial bank with a focus on Kenya's agricultural sector.
Access Bank announced the completion of the second phase of its integration, where all core banking platforms were merged into one.
The bank said in a statement on Monday that the completion of the phase heralded the delivery of one of the most robust banking platforms in the world that would serve its rapidly-growing base of over 30 million customers seamlessly and enhance its service delivery and uptime targets to facilitate customer delight in its banking services.
According to the statement, one of the benefits of the integration is the simplicity of initiating and receiving bank transfers as customers will no longer need to select between 'Access' or 'Access (Diamond)' when transacting.
The Group Managing Director, Access Bank, Herbert Wigwe, lauded the various committees for their efforts during the period of the integration, saying, "A special thank-you to the integration committee for ensuring all the milestones expected at the various stages of integration were achieved within the scheduled timeframe."
The Executive Director, Retail Banking, Access Bank, Victor Etuokwu, added that the bank was now better positioned than ever to serve its customers with the best solutions and service the industry had to offer.
He said, "At Access Bank, delivering the best services possible to our customers remains our highest priority. We can now offer the best digitally-driven financial solutions that will make our customers' transactions simpler, faster, convenient and even more secure than ever."
Etuokwu said the bank was making all NIBSS-Instant-Payment transfers free from November 1 to 7.
THE IGBO RANT
BIBLICAL TRADITIONS OF NDI IGBO BEFORE THE MISSIONARIES CAME TO AFRICA* IGBO 101.
THE IGBO TRIBE AND ITS FEAR OF EXTINCTION
The Igbo: We die for causes, not for personalities
Written by Emeka Maduewesi
~on fb. 28th September, 2016.
The Igbo will never die for anyone. We will not even riot for anyone. But the Igbo will die for any cause they believe in because the Igbo have a true sense of justice and a determination to obtain it.
The Igbo will not riot because one of their own lost an election. Operation Wetie was the Western response to a massively rigged 1965 election. The Yoruba doused fellow Yorubas in petrol and burnt them alife. Properties were burnt with occupants. The Igbo will never do this.
In 1983, the Yoruba went on a rampage again over the massive rigging by NPN. Lifes were lost and properties destroyed. The riots were over personalities.
Contrast that with Anambra State where Chief Emeka Ojukwu was rigged out by his own NPN, who also rigged out Chief Jim Nwobodo. The Igbo did not protest because the goat's head is still in the goat's bag.
In the North, ba muso was the battle cry when Sultan Dasuki was imposed on the Sokoto Caliphate. The riot and protest lasted for days and crippled economic activities.
The Igbo will riot over issues and causes. The Aba Women Riot was over Tax. The Enugu coal mine riot was about conditions of service. The Ekumeku Uprising was over British colonialization.
Those of "Ekumeku" ancestry - Umu Eze Chima and Umu Nri - were at the forefront of the struggles for Nigerian independence, with people like Dr. A A Nwafor Orizu and Chief Osita Agwuna serving prison terms. Any struggles the parents could not conclude is continued by the children by other means.
The Biafran war was a response to the genocide. The war in fact was brought upon us. The battlefield was Eastern Region. The war ended in 1970 but the issues and causes were not resolved. That is where we are today.
The Igbo will also jointly rise to fight evil in their midst. They did it in Onitsha in the 1980's, Owerri in the 90's, and with Bakkassi in the 2000.
The Igbo will not die for any man. But the Igbo will stand by any man who symbolizes their cause and their pursuit of justice. Even if the man dies, the struggle continues, and like the Ekumeku warriors, the children will pick up the baton from their parents.
This is the Igbo I know, the Igbo I am, and the Igbo we are. This is my story. Feel free to tell yours.
RT. HON. DR. NNAMDI AZIKIWE TO DR. CHUBA OKADIGBO (1981)
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