Access Bank Introduces Loan For Smartphone Purchase

Access Bank has introduced a financing scheme for procurement of phones for more Nigerians to get connected to more businesses online and deepen financial inclusion. Victor Etuokwu, Executive Director, Retail Banking, said in a statement on Wednesday in Lagos that the loan would provide more Nigerians with access to credit under its Device Finance scheme. The News Agency of Nigeria (NAN) reports that the Device Finance scheme is designed to provide customers on salary income with the opportunity to purchase smartphones of their choice and pay over a period of…

Read More

Shareholders Approve Access/Diamond Bank Merger.

By Uche Nwosisi. Shareholders of Access and Diamond banks on Tuesday March 5, 2019 approved the merger between the two lending entities after a meeting in Lagos. The Security and Exchange Commission, SEC and the Central Bank of Nigeria, CBN had earlier approved the merger between the two entities last year. All merger process is expected to be completed by March 31 and the new entity emerged by April 1, the bank said. According to Access bank Group Managing Director, Herbert wigwe both banks are recognized as retail bankers that…

Read More