Connect with us

News

Polaris Bank Commences Agency Banking Solution

Published

on

As part of its digital banking strategy, Polaris Bank recently introduced its Agency Banking Solution to serve as a vehicle to reach the unbanked and underbanked, as well as deepen financial inclusion across Nigeria.

The Polaris Agency banking solution known as “SurePadi” is designed to provide convenient and easy access to funds and other banking services in far-flung neighbourhoods, through partnerships with existing and new retail outlets. Research shows that lack of accessible financial service points is a key factor responsible for Nigeria’s high financial exclusion rate.

According to the Chief Digital Officer of Polaris Bank, Mr. Dele Adeyinka, “The introduction of SurePadi is in line with our plan to deepen financial inclusion by serving the huge unbanked and underbanked population especially in locations where basic banking services are far from reach.”

Mr. Adeyinka further stated that: “With Nigeria’s financial exclusion rate currently at 36.8 percent according to CBN, the goal of achieving 20 percent this year to close the exclusion gap of 16.8 percent is also a factor driving our SurePadi Banking Solution.”

“The SurePadi banking solution is also one of the ways we are helping to reduce unemployment in the country because when you sign up an agent, one of the benefits is that it provides a means of earning additional disposable income,” he added.

Agency banking service is a convenient way of providing limited banking services to customers through the use of Agents who usually are non-traditional bankers or banking businesses.


Services offered by SurePadi include; account opening, funds transfer, deposit funds; cash withdrawals, bills payment, airtime top up amongst other services. SurePadi Agents earn additional income in addition to improved status in the community through brand affiliation with Polaris Bank.

Customers on the other hand will enjoy the convenience and ease that comes with the service, plus low cost of transacting as they are able to save the cost of transportation to banks; they are also able to  access funds  anytime of the day, beyond banking hours (weekends and public holidays).

A SurePadi Agent can be a registered business such as Limited Liability Company, sole proprietorship, partnership, cooperative society, a large retail distribution network, petrol filling stations (Preferably one with a Supermarket or Store) and dealers in FMCG. In addition, unregistered businesses or individuals including supermarkets, retail outlets, and distributors of mobile network operators, business centers, boutiques, provision shops, and sport viewing centers also qualify to be a SurePadi Agents.

Customers wishing to become Polaris SurePadi Agents, are advised to visit the nearest Polaris Bank branch with a passport photograph and a valid means of identification: driver’s license; national identity card, International passport or voters’ card and utility bill (Not less than three (3) months from time of presentation).

Polaris Bank is a future-determining Bank committed to the delivery of industry-defining products, and services, across all the sectors of the Nigerian economy.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Interior Minister Tunji-Ojo orders investigation of alleged criminal activities at Delta correctional centre

Published

on

Olubunmi Tunji-Ojo

The Minister of Interior, Olubunmi Tunji-Ojo, has ordered an immediate and thorough investigation into allegations of criminal activities within the Okere Correctional Centre in Warri, Delta State.

A recent armed robbery incident in Delta State was allegedly traced to inmates of the correctional centre.

Tunji-Ojo’s directive was contained in a statement issued by the Special Assistant to the Minister on Media and Publicity, Babatunde Alao, on Tuesday in Abuja.

The minister strongly condemned the alleged reprehensible behaviour, stressing that any form of indiscipline or misconduct would be met with severe consequences.

He reiterated his commitment to upholding the highest standards of integrity, transparency, and accountability in the administration of justice within the correctional service system.

“I will not allow indiscipline to fester under my watch. Any officer found wanting will face the full weight of the law. The leadership of the Nigerian Correctional Service must provide explanations.

“We take these allegations seriously and will not tolerate any form of misconduct within our correctional facilities,” he stated.

The minister urged the general public to provide any relevant information that may aid the investigation.

Continue Reading

Politics

‘You’re backing Tinubu for personal gains’ — El-Rufai slams Kaduna Gov Sani

Published

on

The immediate past governor of Kaduna State, Nasir El-Rufai, has criticised his successor, Governor Uba Sani, for supporting President Bola Tinubu, alleging that it is for personal gain.

In a post on X, El-Rufai claimed that Sani’s unwavering support for Tinubu was linked to over N150 billion in federal reimbursements received by Kaduna State in the past 18 months.

“Every day I see this governor embarrassingly and sycophantically rambling, I used to wonder why. However, confirming that Federal Government ‘reimbursements, interventions, and grants’ in excess of N150bn have been given selectively to Kaduna by Tinubu in the last 18 months now explains everything.

“By all means, defend Asiwaju for the conditional cash transfer. Asiwaju has earned it, coming from you. The people of Kaduna State will judge at the right time and place. Have a nice day,” El-Rufai wrote.

The former governor’s criticism comes in the wake of Sani’s remarks during a news interview on Monday, where he expressed surprise at the growing criticism of Tinubu’s administration from some founding members of the All Progressives Congress.

Continue Reading

Politics

Why I visited IBB, Abdulsalami – Remi Tinubu

Published

on

The First Lady, Senator Oluremi Tinubu, has explained why she visited Generals Ibrahim Badamasi Babangida and Abdulsalami Abubakar (Rtd) today, at their Minna, Niger State residences.

Accompanied by wife of Vice President, Hajiya Nana Shettima, the First Lady and her entourage were received at the Bola Ahmed Tinubu International Airport by the state Governor, Muhammed Umar Bago, his wife and other top government officials from where they drove to General Babangida’s residence and later Abdulsalami’s house.

At General Babangida’s uphill residence, the visitors met with Babangida for more than one hour behind closed doors. They they proceeded to the residence of the former head of state, Abdulsalami Abubakar and were received by former first lady Justice Fati Lami Abubakar.

The delegation went into another closed door meeting with the former Nigerian leader and his wife for about 90 minutes before going to the government house for a visit with Governor Muhammed Bago.

She’s Nigeria’s No1 ambassador – Abdulsalami Abubakar
Details of the private talks were not made public, but former military Head of State, General Abdulsalami Abubakar, told journalists after the closed-door meeting described the first lady of Nigeria Senator Oluremi Tinubu as Nigeria’s No1 ambassador.

“She has done very well during her 1st and 2nd years. She has done a lot of things in order to bring Nigeria to greatness.

“You have been carrying the governor’s wives along in all you have been doing, especially what you are doing for young children,” the former head of state remarked.

They’re father of the nation – Tinubu
Senator Tinubu had also described both General Ibrahim Badamasi Babangida and Abdulsalami Abubakar as ‘father’s of the nation’.

“I, however, have to say that my visits to the former Nigerian leaders are private visits without any political undertone, because I had always tried to visit them but for exigencies of duties.

“The Nigerian leaders have been very supportive of government of President Bola Tinubu and they have always encouraged Mr. President,” she declared.

At government house, the First Lady donated N100 million to victims of the recent disasters in communities in Niger state, which included the tanker explosion in Dikko, Gurara local government; Sabon Pegi in Mashegu local government, and Allawa in Munya local government.

The first lady said each of the affected families should get N1 million from the total amount, while the governor’s wife, Hajia Fatima Bago, should disburse the balance of N30 million to the victims for food and other items.

Senator Tinubu pleaded with the people to always remain vigilant and refrain from scooping fuel in the event of fuel-laden tanker overturning.

On his part, Governor Mohammed Bago appreciated the gesture of the First Lady and assured her that the donation will be judiciously used.

According to him, “We thank you that you have come to share in our pains over the tanker explosion in Dikko, the dynamite explosion in Sabon-Pegi and the collapsed mine in Munya.”

 

VANGUARD

Continue Reading

Trending

Copyright © 2025 Naija Gatekeeper News