Business

70 winners emerge in Stanbic IBTC’s Reward4Saving 3.0 Promo October draw

Published

1 year ago

November 21, 2023

70 winners emerge in Stanbic IBTC’s Reward4Saving 3.0 Promo October draw

More winners have emerged in the Stanbic IBTC Bank Reward4Saving Season 3 Promo for October, with 70 customers awarded cash prizes of ₦100,000 each in the monthly draw.

The event was held at the Bank’s Walter Carrington Crescent head office in Lagos, where winners were presented with their corresponding cheques at the event on Friday, 10 November 2023.

The Reward4Saving promo, a reward scheme for savings accounts and @ease wallet holders, was introduced to encourage customers to save for rainy days. Customers who keep at least ₦10,000 in their savings account for 30 days qualify for the draw.

₦206 million has been given out to 1,207 people since the inception of the promo in 2021; with ₦112 million still up for grabs in this current season which ends in August 2024.

The third season of the promo started in September 2023 and 140 people have been rewarded so far with N100,000 each. There are 10 draws left until the end of season three and 700 new and existing customers from our seven business zones will be rewarded with ₦100,000 each; 28 customers will be rewarded with ₦1,000,000 each and seven customers will be rewarded with ₦2,000,000 each in the grand finale.

During the presentation of cheques, Layo Ilori-Olaogun, Head, Middle Market and Youth Segment at Stanbic IBTC Bank, noted that the organisation understands the importance of savings in achieving personal and financial goals, and this promotion shows the Bank’s dedication to supporting its customers on their financial journey.

“We are delighted to continue rewarding our esteemed customers through this promotion. At Stanbic IBTC Bank, we value each customer’s commitment to financial prudence and are committed to providing them with opportunities to grow their wealth.”

“To this, we congratulate all the winners who have emerged in this draw. Knowing the economic situation globally, we are happy to reward their discipline to save, in the hopes that it impacts their lives positively. hoping it impacts your lives.”

Reiterating the Bank’s commitment to rewarding customers for saving, Layo stated that the cash prizes would help the beneficiaries attend to their financial obligations and encourage other customers to start saving.

She said, “We will continue to reward our customers for their loyalty and trust in us. This promo will run until August 2024, and more winners will emerge in the monthly and quarterly draws. To stand a chance of winning, existing customers should keep a minimum of ₦10,000 in their savings or @ease wallet accounts for at least 30 days to qualify for the draws.”

Layo urged prospective customers to download the Stanbic IBTC Mobile App, visit the web portal or any Stanbic IBTC Bank branch or @ease banking agent to open a savings account or @ease wallet and start on their journey to winning.

Business

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

Published

23 hours ago

December 21, 2024

Sahara Weekly

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

Business

Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

Published

1 day ago

December 21, 2024

Sahara Weekly

Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

Business

Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

Published

2 days ago

December 20, 2024

Sahara Weekly

Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

In a show of solidarity, the Committee of Banks in Nigeria has extended a helping hand to victims of the September 2024 floods in Jigawa State. On Thursday, a high-profile delegation led by Dr. Oliver Alawuba, Chairman of the Committee and Group Managing Director/Chief Executive Officer of United Bank for Africa Plc (UBA), visited Dutse, the state capital, to present relief materials to the state government.

The donated items, worth several million Naira, included essential food supplies such as rice and cooking oil, along with mattresses and beverages. Dr. Alawuba highlighted that the gesture aimed to alleviate the hardship faced by flood victims and support critical institutions, especially public hospitals, in their efforts to assist those affected.

“We stand in solidarity with the people and government of Jigawa State during this difficult time. This donation is our way of expressing empathy and supporting those who have lost loved ones, properties, and livelihoods,” Dr. Alawuba stated.

The delegation included notable banking leaders such as Mr. Roosevelt Ogbonna of Access Bank Plc, Dame (Dr.) Adaora Umeoji of Zenith Bank Plc, and Dr. (Mrs.) Nneka Onyeali-Ikpe of Fidelity Bank Plc, among others. Their collective presence underscored the banking sector’s commitment to corporate social responsibility and national development.

Governor Malam Umar A. Namadi expressed profound gratitude for the donation, describing the visit as a rare and commendable act of compassion. He assured the delegation that the relief materials would be judiciously distributed to the intended beneficiaries, emphasizing the importance of partnerships in rebuilding lives and communities.

The Committee of Banks also reiterated their commitment to supporting Nigerians during emergencies, drawing attention to previous interventions, including relief efforts during the 2011 and 2013 floods, the COVID-19 pandemic, and security initiatives like the Lagos State Security Trust Fund.

This humanitarian gesture reflects the collective resolve of Nigeria’s financial institutions to foster social and economic growth, making a meaningful impact in times of need.