England on third lockdown amidst new vaccine launch

England on third lockdown amidst new vaccine launch   British Prime Minister Boris Johnson on Monday ordered England into a new national lockdown to try to slow a surge in COVID-19 cases that threatens to overwhelm parts of the health system before a vaccine programme reaches a critical mass. Johnson said a new, more contagious variant of the coronavirus was spreading at great speed and urgent action was needed to slow it down. “As I speak to you tonight, our hospitals are under more pressure from COVID than any time…

Read more

Lockdown Pumps Up Cashbox’s Savings 40% to N1bn

cashbox

An indigenous financial technology (FinTech) firm, CashBox, has seen a 40 per cent growth month-on-month between March and July this year which has pushed customers’ savings to N1 billion. Sydney Aigbogun, its founder and chief executive officer (CEO) explained that before the outbreak of the virus which spurred lockdown, savers on the platform lodged between N30 million and N50 million on a monthly basis. “Since the lockdown was declared, that number has moved to about N200 million,” said. Speaking with reporters in Lagos, he said the firm plans to transform…

Read more

FirstBank’s *894# Code: Bypassing lockdown to offer banking services

FirstBank SMEConnect

Against the backdrop of the COVID-19 pandemic, millions of bank customers in Nigeria and abroad have been forced to remain at home due to restrictions and lockdown orders adopted as a potent measure against further spread of the virus. This measure, which did not exclude commercial institutions, particularly banks, threw up the challenge of how customers can still have access to banking services despite the lockdown that has put banking halls partially under locks and keys across the country. Throughout the period that the banks were not active at their…

Read more