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Access and Diamond Banks Jointly Commemorate International Women’s Day

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Africa’s leading financial institution, Access Bank Plc, continues to demonstrate unwavering commitment to women as it is set to mark the International Women’s Day, 2019 with Diamond Bank Plc, as both banks look forward to the completion of the merger process which will make the new entity the largest retail bank in Africa.   

The event will be celebrated with a 2-day event themed ‘Balance for Better’. The celebrations will kick off with a cocktail event on Wednesday, March 13, 2019 at the Access Bank Head Office Lagos, with top management from both banks and other dignitaries in attendance.

Both banks will host women across various industries to a breakfast conference at Eko Hotel & Suites on the second day of the conference, March 14, 2019. This conference will feature insightful panel sessions, where seasoned speakers will address issues related to how women can leverage on technology and finance to build profitable and innovative ventures, as well as accelerate actions towards supporting women in their quest to be the best they can be.

 Ada Udechukwu, Head of Women Banking, Access Bank Plc   said, “At Access Bank, we are passionate about the woman and her overall well-being. We are interested in her growth in family life, career, health and other areas. We will continue to provide platforms and support programs that will help women and their businesses. This value-packed conference has been organized to help women learn essential lessons which can be applied to their daily lives and businesses. It will help them become all they want to be and be the best at it.”

Speaking about the event, Herbert Wigwe, Group Managing Director/CEO Access Bank Plc, said, “At the core of our services is catering to the needs of women and we are constantly gearing efforts towards promoting women-focused initiatives and providing opportunities to help them maximize their potential. One of the reasons we are hosting this breakfast conference is to help women overcome limitations as well as reach their best potential”

Wigwe also said” As we expand with the merger, and continue on our journey to building Africa’s biggest retail bank, our women now have more innovative offerings that they can explore to make themselves and their businesses better.

Corroborating this statement, Head of Affluent Banking at Diamond Bank, Dolapo Orelaja, said “This joint conference between Diamond Bank and Access Bank has been organized to equip our women with the knowledge and skill that they require to grow their businesses, develop themselves and stay relevant in the fast changing business environment of today. We are very passionate about women and their progress in life.”


Panelists at the conference include, Laure Beaufils, Tony Okapanachi, Tosin Durotoye, Omilola Oshikoya , Dr. Omolola Salako, and Audrey Mothupi  among others.

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Zenith Bank Emerges First Nigerian Bank To Repeatedly Audit Its Carbon Emissions

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Zenith Bank Plc was presented with a Certificate for Greenhouse Gas Auditing by V4 Advisors after a successful completion of the Bank’s Greenhouse Gas Audit for the 2018 Financial Year. The presentation of the certificate and the report of the Auditors was done by V4 Advisors at the Zenith Bank Head Office on May 21, 2019.

The Executive Director, Dr. Temitope Fasoranti, who received the certificate on behalf of the Bank said the Bank started this effort with the 2016 Financial Year and has carried out three greenhouse gas audits to date.  He explained that the Bank understands the relationship between greenhouse gas emission and climate change and appreciates the role it is expected to play towards combating the menace of climate change.

Also speaking on the milestone, the Country Manager, Lynsey Elston highlighted that Zenith Bank is the first Nigerian bank to consecutively report the carbon emissions of their Head Office in Lagos using a certified tool which is built on the internationally recognized “GHG Protocol”. 

She commended the bank for proving its commitment to United Nations Global Compact (UNGC) Goal 13, Climate Action, in addition to complying with Global Reporting Initiative (GRI) Standards.”  In response to her, the Executive Director said the initiative has significantly helped the bank reduce its overall carbon footprints and drive energy efficiency.

V4 Advisors is a UAE-based provider of advisory and consulting solutions on climate change and greenhouse gas emissions. The firm’s calculation and reporting tool has been reviewed by the World Resources Institute (WRI) for conformance with the GHG Protocol Corporate Standard.

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Access Bank Threatens to Publish Names of Debtors in Newspapers

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The management of Access Bank Plc has given all its delinquent debtors two weeks to pay up their due obligations, emphasising that failure to adhere to this directive would come with severe consequences.

In a publication today on Punch Newspapers, the lender said this warning also goes to debtors of the defunct Diamond Bank Plc.

Business Post reports that in March 2019, Access Bank and Diamond Bank officially merged together to become an enlarged banking entity.

In the notice seen by Business Post, the financial institution warned that if after the two weeks grace period the “incorrigible debtors” fail to comply with this directive, it would be forced to publish their “names in newspapers.”

The bank said “all debtors will be sanctioned by the CBN and banned from participating in the Nigerian Foreign Exchange and Securities Exchange Markets, and registered on the Credit Risk Management Systems (CRMS) Bureau as bad debtors making them, their directors and related entities illegible for any credit in the Nigerian Financial Markets.”

Access Bank said it was determined to take further actions “against such delinquent individuals and companies as we may consider necessary and shall relentlessly pursue full recovery of all our debts.”

Below is the full statement signed by the management of Access Bank Plc.

Please be informed that Access Bank Plc is set to publish the list of all its delinquent debtors, associated persons, directors and entities. This is in line with the directive from the Central Bank of Nigeria (CBN).

All Access Bank Plc (including former Diamond Bank Plc) debtors are directed to pay up their due obligations in order to avoid punitive actions being taken against them. Please note that we shall publish out debtors’ names in newspapers in two weeks.

Similarly, in the event that these obligations are not fulfilled, we shall take such further actions against such delinquent individuals and companies as we may consider necessary and shall relentlessly pursue full recovery of all our debts.

Furthermore, all debtors will be sanctioned by the CBN and banned from participating in the Nigerian Foreign Exchange and Securities Exchange Markets, and registered on the Credit Risk Management Systems (CRMS) Bureau as bad debtors making them, their directors and related entities illegible for any credit in the Nigerian Financial Markets.

For incorrigible debtors, who continue to pose a risk to our system, we will use all means available and collaborate with our colleagues in the industry to ensure that they are excommunicated from the banking system.

Consequently, we hereby advise all out delinquent debtors to take this publication seriously and ensure that all debts are settled promptly.

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Glo Extends Lead In New Data Subscriptions With 1 Million More Users

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Digital transformation leader, Globacom, has maintained its position as the preferred data service provider in the country with an addition of nearly one million new subscribers in March, 2019.

According to the Internet Subscriber Data for March 2019 published on the website of the Nigerian Communications Commission (NCC), Globacom gained the most with 950,115 new internet users. The gain took its internet subscription in March to 28,436,386 from 27,486,271 recorded in February, 2019.

The data also showed that MTN and Airtel recorded gains in March. While Airtel added 351,657 new internet users in the month under review, MTN recorded a marginal increase of 13,552 subscribers.

On the other hand, 9mobile continued to record losses in its internet subscriber base as it lost 166,542 users in March.

NCC’s data showed that overall internet users in Nigeria increased to 115,938,225 in March from 114,725,357 recorded in February. This indicates an increase of 1,212,868 new subscribers in one month, with Globacom alone having over 78% of the growth.

The apparent preference for Globacom by new internet subscribers is believed to be the result of the network’s continued improvement in its data services. The company has the widest 4G LTE coverage in the country, and the technology ensures more reliable and faster internet usage experience. Globacom also has the most attractive data plans in the market, with packages that appeal to both high and low data users.

On Monday, 21st May, 2019, the company announced the introduction of Glo Daily Data Splash 300, which offers subscribers the most affordable rate for a daily subscription in the country’s telecoms market. The new plan offers a whopping 1 Gigabyte of data for just N300, as against the closest package of N350 per 1GB offered in the market. It also addresses the concerns of subscribers who desire access to reliable internet service at a very convenient rate.

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