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Jumia One partners AXA Mansard to distribute money market fund

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Economy

In order to continue to provide top-notch savings and investment solutions, AXA Mansard Investments, a leading multi-expert asset manager in Nigeria has partnered with Nigeria’s foremost all-in-one lifestyle, Jumia One to bring AXA Mansard’s Money Market Fund closer to the public and to make it easier to invest.

In addition to AXA Mansard’s MyAXA app, AXA Mansard’s Money Market Fund will now be accessible on the Jumia One app. This means that new and existing clients can now either sign up and/or make payments to the money market fund on the Jumia One app.

Jumia One is a one-stop shop app that helps to fulfill one’s daily needs in a single click. In ONE place, people can top-up airtime, pay bills, order food or a cab, book a hotel or a flight, find the next house or car, read the best blogs, bet online, listen to radio and even get money back from next purchases.

Speaking on the partnership, Tunde Akinnuwa, Head of Jumia One, said: “Our mission is to bring every online service in one place and make them easier, more secure and more affordable to everyone. Therefore, we have chosen to work with an organization whose mission aligns with ours. AXA Mansard has proven over the years that they remain resolute in providing excellent client experience and redefining the way investment solutions are delivered.”

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Renah Osiemi, Head of Solutions Development at AXA Mansard Investments said: “We are very excited to have partnered with Jumia One to make transactions easier and more accessible to our customers. We are diligently focused on delivering superior risk-adjusted returns for our clients, over the long term.”

“AXA Mansard Investments Limited (“AMIL”) has tasked itself with seeking innovative ways to create value for its customers. One key thrust of our strategy is to create a delightful client experience that enables people better manage their finances. This is the reason we are partnering with Jumia One to ensure we keep making transacting easy and seamless,” Osiemi concluded.

 

About Jumia

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Jumia is the leading Pan-African e-commerce platform, present across 14 countries in Africa. Its mission is to improve the quality of everyday life in Africa by leveraging technology to deliver innovative, convenient and affordable online services to consumers while helping businesses grow as they use Jumia’s platform to better reach and serve consumers. The Jumia platform consists of a marketplace, which connects sellers with consumers, a logistics service, which enables the shipment and delivery of packages from sellers to consumers, and a payment service, which facilitates transactions among participants active on the Jumia platform in selected markets. On the marketplace, more than 80,000 sellers offer a broad range of goods and on-demand services. Jumia Logistics facilitates the delivery of goods in a convenient and reliable way, leveraging an extensive network of third-party logistics service providers, seamlessly integrated through the Jumia proprietary technology platform. JumiaPay offers a safe and easy solution to facilitate online transactions on the Jumia platform, with the intention of integrating additional financial services in the future.

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Business

Richard Quest Visit Management Of Fidelity Bank Plc

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CNN Anchor, Richard Quest (left) engaging with Managing Director/CEO, Fidelity Bank, Nnamdi Okonkwo on SME lending and leveraging digital channels to deepen financial inclusion in Nigeria… Monday

CNN Anchor, Richard Quest, paid a courtesy visit on the Management of Fidelity Bank Plc on Monday, February 12.

During the visit, he engaged the team on several issues including SME lending and leveraging digital channels to deepen financial inclusion in Nigeria.

www.theoctopusnews.com, presents pictures from the event.

(more…)

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3,000 Undergraduates Benefit From Fidelity Youth Empowerment Programme

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Fidelity Bank Plc, has trained over 3,000 undergraduates from various tertiary institution on skills acquisition through its youth empowerment programme. Nnamdi Okonkwo, the bank’s CEO made this disclosure Friday during the closing ceremony of the Fidelity Youth Empowerment Academy (FYEA) held at the Sokoto State University (SSU) in Sokoto.

“The students were drawn from the 5 institutions that have benefitted from the banks youth empowerment initiative that aims to teach vocational and entrepreneurship skills”, he stated.

Okonkwo who was represented by the Head, Corporate Social Responsibility (CSR) and Sustainability, Fidelity Bank, Mr. Chris Nnakwe called on Nigerian youths to embrace entrepreneurship and create wealth for themselves instead of searching endlessly for non-existing paid jobs.

Organised as part of the bank’s CSR intervention, Nnakwe pointed out that the programme now in its 7th edition seeks to empower the Nigerian undergraduate with skills and enterprise training, which are relevant for self-reliance.

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He stated that the bank had organised the programme in various institutions of higher learning including the University of Nigeria, Nsukka; Waziri Umar Federal Polytechnic, Birnin-Kebbi; Federal Polytechnic Oko, Anambra State; Rivers State University of Science and Technology, Port Harcourt; Bayero University, Kano and Nnamdi Azikiwe University, Awka.

For the Sokoto edition, Nnakwe stated the bank has expanded the scope of the programme in a bid to accommodate new areas of vocational training. Apart from the typical training on tailoring and make-up, he noted that participants were also provided with requisite skills and first-hand knowledge in Fashion Designing, Cloth Embellishment, Cocktail and Phone Engineering among others. “We in Fidelity Bank have targeted programmes on education, environment and youth empowerment. This one you are witnessing today is part of fulfilling our promises to the society,” Nnakwe said.

According to him, the youths were trained to acquire skills to enable them to become self-reliant and also make them employers of labours even while in school. He disclosed that at the end of the training, starter packs would be given to each participant to enable him or her to commence business.

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Speaking earlier at the opening ceremony, the Governor of Sokoto State Aminu Tambuwal, thanked Fidelity Bank for choosing the school for the programme. Tambuwal, stressed that as a responsible government his administration has prioritised the welfare of the youths in the state. He enjoined the participants to stay focused and concentrate in order to benefit from the training.

In the same vein, the Vice Chancellor, Sokoto State University, Prof. Sani Dangogo, thanked Fidelity Bank for the gesture, saying the training would go a long way in alleviating the financial burden of the students.

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2020 GTBank Lagos Polo Leighton Kings are Majek champions NRT, RCF win Low, Governor’s Cups

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The 2020 GTBank Lagos International Polo Tournament ended on a flourishing note Sunday with Lagos Leighton Kings clinching the prestigious Majekodunmi Cup 10-5 at the expense of Lintex Agad.
NRT also clinched the Low Cup while RCF win the Governor’s Cup.
Speaker of the House of Representatives Hon. Femi Gbajabiamila, Lagos State Governor Babajide Sanwoolu, his Deputy, Obafemi Hamzat, Governor Dapo Abiodun of Ogun State, Kwara state governor, Abdulrahman Abdulrazaq; Alhaji Aliko Dangote and MD/CEO GTBank,  Mr Segun Agbaje led the large roll call of dignitaries for a colourful ending to a memorable tournament which featured an unprecedented 39 teams.
The Kings, which had Bowale Jolaosho, Bello Buba, Raul Laplacette and Manuel Crespo, were aiming for an unprecedented four title wins having won the Oba of Lagos Cup, Open Cup, Italian Ambassador’s Cup but were pushed all through in the opening and second chukkas by Agad which paraded Sodiq Dantata, Bashir Dantata, Chris McKenzie and Thomas Lorente.
The Kings’ superiority eventually came to fore in from the third all through the end of the six-chukka match as they coasted to victory with five clear goals.
In the  Low Cup final, which was the penultimate match of the dual-phase tournament, Timi Badiru scored a high – goal with less than two minutes to play as NRT survived a late surge by STL for a 9 ½ – 8 triumph over their fellow Lagos side.
Englishman Dorian Bulteau – playing for the first time in Arfica – was pivotal to the priceless win scoring a handful of the goals for the team who also featured Tomi Ojora and Yasin Amusan.
The Governor’s Cup went the way of Lagos RCF A+ with Argentine five-goaler Andre Crespo leading the home team’s resurgence.
Nasariya were leading 4-1 as at the tail end of the penultimate third chukka but four straight goals by RCF three of which came off the mallet of the South American and one from Mohammed Dangote completed a remarkable turnaround.
Herein below is the caption to the picture attached-
L-R Speaker,  House of Representatives, Federal Republic of Nigeria,Hon. Femi Gbajabiamila; Governor,  Lagos State, Mr. Babajide Sanwo-olu; Governor,  Ogun State,Mr. Dapo Abiodun and Executive Director,  Gtbank,  Mr. Hassan Musa during the presentation of the trophy at the Final of the Majekodunmi Polo Tournament sponsored by Gtbank in Lagos, at the weekend.
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