Economy
DiamondXtra Season 13: Access Bank Rewards Customers with N600m
Access Bank Plc on Thursday unveiled DiamondXtra Season 13 savings promo to reward loyal customers with N600 million.
The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, said at the launch in Lagos that the initiative was instituted to enhance savings culture and drive the Federal Government’s financial inclusion initiative.
Etuokwu said the bank had been rewarding and changing lives of customers in the past 12 years.
“The DiamondXtra reward scheme is one of the ways the bank creates value and meets the needs of its loyal customers.
“With the launch of this new season, the reward scheme has been revitalised and reloaded to create winners every day,” said Etuokwu.
According to him, apart from encouraging customers to save their money, gaining interest, DiamondXtra also rewards them with prizes like Salary 4 Life, Business grants, education grants and among others.
“We encourage all Nigerians to sign up to DiamondXtra by Access bank, and start saving to win extraordinary prizes every day in this reloaded season as DiamondXtra is truly the most rewarding way to save,” Etuokwu said.
Also speaking , Mr Robert Giles, Senior Banking Advisor, Retail, Access Bank, said Season 13 was designed by over 600,000 customers who were surveyed on the changes they wanted to see.
Giles said DiamondXtra, introduced in July 2008, had impacted the lives of its loyal customers.
He said the bank had shared over N5 billion of prize money through daily, weekly, monthly and quarterly draws.
“We have given out education grants, business grants and Salary for life.
“The launch of DiamondXtra Season 13 is our best yet. And that’s because it is yours. From the very beginning, DiamondXtra was designed by our customers themselves,” Giles explained.
He said the customers told the bank that the return on savings was small, yet the reason to save was to transform and improve lives.
“Our customers said they want to keep Salary for life, Business Grant and Free Rent. They also told us to add lots of smaller prizes so everybody has a chance to win.
“And finally they asked us to bring it closer home, and that’s why this year we are taking DiamondXtra into every neighbourhood so that people can see the difference and share with friends,” Giles said.
Mrs Adaeze Umeh, Group Head, Consumer Banking, Access Bank, said over 2.5 million customers signed up to DiamondXtra account, and that the figure kept increasing on yearly basis.
“For season 13, even our women will be greatly represented in every quarlerly draw.
“We will be having about 10 of our women winning of which one person will have an opportunity of getting a shopping allowance of N100,000 for the next 12 months and nine others will get N300,000 each,” she said.
According to her, 14 people will win about N1 million each to pay their rents.
“The one customers advocated for is the opportunity to get the business grant and to make it closer to home.
“We have our clusters across all our 600 branches, so all the associations, markets, group of journalists can actually come together open DiamondXtra with minimum of N5,000 and participate in the draw,” Umeh said.
She added that new or existing customers could either open a DiamondXtra account in any of Access Bank branches across the country or fund their account with a minimum of N5,000 which will qualify them for the draw. (NAN)
The Nigerian Exchange Ltd. (NGX) continued its bullish trend on Wednesday, gaining N183 billion.
Accordingly, the market capitalisation, which opened at N59.532 trillion, gained N184 billion or 0.31 per cent to close at N59.715 trillion.
The All-Share Index also added 0.31 per cent or 303 points, to settle at 98,509.
68, against 98,206. 97 recorded on Tuesday.Consequently, the Year-To-Date (YTD) return increased to 31.
74 per cent.Gains in Aradel Holdings, Zenith Bank, United Bank For Africa(UBA), Oando Plc, Nigerian Breweries among other advanced equities drove the market performance up.
Market breadth closed positive with 34 gainers and 17 losers.
On the gainers’ chart, Africa Prudential, Conoil and RT Briscoe led by 10 per cent each to close at N14.30, N352 and N2.42 per share, respectively.
Golden Guinea Breweries followed by 9.95 per cent to close at N7.18, while NEM Insurance rose by 9.74 per cent to close at N10.70 per share.
On the other hand, Julius Berger led the losers’ chart by 10 per cent to close at N155.25, Secure Electronic Technology Plc trailed by 9.52 per cent to close at 57k per share.
Multiverse lost 7.63 per cent to close at N5.45, Haldane McCall dropped 6.07 per cent to close at N4.95 and Honeywell Flour shed 5.62 per cent to close at N4.70 per share.
Analysis of the market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 49.44 per cent.
A total of 320.10 million shares valued at N6.48 billion were exchanged in 7,943 deals, compared with 939.41 million shares valued at N12.81billion traded in 9,098 deals posted in the previous session.
Meanwhile, ETranzact led the activity chart in volume with 70.27 million shares, while Aradel led in value of deals worth N1.22 billion.(NAN)
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 22 pips to 7.1870 against the dollar on Monday.This is according to the China Foreign Exchange Trade System.In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.
The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. (Xinhua/NAN)
Arewa Youths Initiative for Energy Reforms (AYIFER), has urged Nigeria National Petroleum Corporation Limited (NNPCL) to do everything possible to bring Kaduna Refinery back into operation.
National Coordinator of the group, Mr Bashir Al’Amin, stated this in a statement issued on Friday in Abuja.
Al’Amin specifically called on the Chief Executive Officer of NNPCL, Mallam Mele Kyari, to do all within his powers to rejuvenate the refinery and bring it up to global standard.
He said that having delivered the Port Harcourt refinery, coupled with the establishment of Dangote Refinery in Lagos, attention should be shifted to Kaduna refinery for easy spread of petroleum products.
“We are calling on Malam Mele Kyari to expedite action on Kaduna refinery so we can be at par with other regions in the country.
“We equally beg the NNPCL to do professional work in rehabilitating the old refinery and deliver a standard and functional petrochemical refinery and not a blending plant.
“Kyari should resist any temptation that could make him do something that can jeopardise his good image,” he said.
Al’Amin said that since the extinction of groundnut pyramid and textiles in Kano State as well as PAN in Kaduna State and with the Kaduna refinery getting moribund, a lot of youths had lost their jobs.
According to him, all their hopes in the north are tied to the legacy refinery, expressing the hope that God would use Kyari to deliver it well and on time.
He said that the group was solidly behind NNPCL in prayer and would be ready to celebrate the company if its expectations were met. (NAN)
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