L-R: Dike Dimiri, Regional Executive, Lagos and South West, Heritage Bank; Ibrahim Adejuwon Odumboni, Managing Director (MD) LAWMA; Titilola Docemo, Regional Manager, Lagos Island 2, Heritage Bank, during the launch of Lagos Recycle Initiative, in LAWMA’s office Lagos.
Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has entered into strategic partnership with Lagos Waste Management Authority (LAWMA) to attain sustainable greener and cleaner Lagos.
The partnership which heralds the launch of Lagos Recycle Initiative is targeted at curbing the huge challenge of plastic pollution for better ecosystem, through recycling and waste management reward system for residents of the State.
On the path of Heritage Bank, MD/CEO, Ifie Sekibo affirmed that the collaboration was part of the move to promote the implementation of the Central Bank of Nigeria initiative on Nigeria Sustainable Banking Principle to deliver positive development effects to society and businesses.
Specifically, he stated that Heritage Bank entered into this partnership to assist the Lagos State Government and Recyclers generate employment whilst making the environment cleaner and better.
Sekibo, who was represented by the Regional Executive, Lagos and South West, Heritage Bank, Dike Dimiri further explained, “as a bank that has been at the forefront of corporate social responsibility roles considered it key to be involved in societal development, supports the project through promoting recycling for export and domestic use, help individuals to de-plastic Lagos and get reward from the state government”.
Explaining the modalities for the reward system which will be conducted via raffle draw, he said, “Heritage Bank developed a simple payment system and presented the ‘LAWMA Recycle card’ which would allow the state government give its prizes to the aggregators and other benefits associated with the recycling project that consumers and participants of the Lagos Recycle Initiative are meant to benefit from.
“This card will be in the hands of the 6million households in Lagos, it will also form the foundation for the transmission of every payment, raffle draws that will be conducted.”
In his welcome address, the Managing Director/CEO of LAWMA, Mr. Ibrahim Odumboni, said recycling was key in the Authority’s drive to make Lagos cleaner and livable, stressing that moving plastic materials from the Lagos waste stream would reduce the volume of waste that eventually got to dumpsites.
Odumboni said the Lagos Recycle initiative would deploy an attractive reward system, to encourage waste segregation and timely pick-up of recyclables across the state, emphasizing that residents would be rewarded for gathering their plastic items and handing them over to LAWMA accredited recyclers.
He said further that LAWMA would place recycling tools at various public facilities, for the collection of recyclables, noting that the initiative, apart from ridding the environment of plastic waste and its ugly effects, would provide jobs for thousands of unemployed people in society.
In her closing remark, the Permanent Secretary, Ministry of the Environment and Water Resources, Mrs. Belinda Odeneye, stressed that the vision of the state government was to have a cleaner, beautiful and more hygienic environment, which would be promoted by the Lagos Recycle program.
Access Bank Shares gain N44.4 Billion In First 10 Days Of Trading
Access Bank Begins Dollar Payment To Beneficiaries Of Fund Transfer
FirstBank Begins The Year With An Innovative, Convenient Virtual Payment Card
First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account.
The FirstBank Virtual Payment Card is a suitable alternative to the use of cash and cheques, with its wide-range features which include the ability of cardholders to protect his/her card using the block and unblock capabilities; PIN Reset; Change PIN as well as view statement at one’s convenience. It also enables diaspora customers to spend from his/her FirstBank account within the spend limit advised by the bank without the need for a physical card.
The FirstBank Virtual Payment Card is a safe, convenient, and easy way of making e-commerce payments amongst other functionalities.
The Virtual Payment Card can be created via the Bank’s leading digital channels; FirstMobile or Firstmonie Wallet applications. Customers can download the card, activate the card and consummate transactions all at once from the comfort of their homes/offices. No branch visit is required. Customers are advised to update their mobile application to the latest version, then select Card Services on the FirstMobile App and My Virtual Card application to create a Virtual Card at the cost of N215 (VAT Inclusive).
Speaking on the launch, Mr. Gbenga Shobo, Deputy Managing Director, First Bank of Nigeria Limited said ‘the launch of our Virtual Payment Card is yet another secure and seamless way we promote electronic banking, whilst enabling customers to carry-out their transactions on the web”
“The Virtual Payment Card is also designed to guard against the spread of the COVID-19 as it does not require physical interaction between the customer and FirstBank Branches. We enjoin our customers to download the application and stay ahead in modern banking,” he concluded.
Similarly, FirstBank recently launched the FAST Track ATM, the next generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM without any form of physical interaction with the machine.
For more information on the Virtual Payment Card, kindly click here for the Frequently Asked Questions (FAQs).
Transport8 months ago
CEO Primero Transport Services, Fola Tinubu, Speaks On The Increment In BRT Fares
Business4 days ago
How Tunde Ayeni Destroyed SkyeBank, Oba Otudeko’s Business Deals with ALCON, Aso Savings, Others
Business1 week ago
Deputy Managing Director of UBA Plc purchases additional 3.22 million share
Business7 days ago
AJAYI WINS THE 59TH FIRSTBANK LAGOS OPEN GOLF CHAMPIONSHIP
Trending News7 days ago
Ex-FCMB Staff Accused Of Dating, Delivering Two Babies For Her MD Finally Opens Up
Business1 week ago
The 59TH FIRSTBANK Lagos Amateur Golf Open Championship TEES-OFF
Brands and Company1 week ago
GREATEST COMEBACK OF THE YEAR: AWESOME PRODUCTIONS IS BACK WITH DREADED, GIFTED ALL ROUND ARTISTE, TRISTA
Business5 days ago
Union Bank Is Proud To Lead The Charge For Social Impact…..MD, Emeka Emuwa