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Access Bank Retail Banking Team Flags Off 2nd Fibroid Awareness Campaign

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2nd Fibroid Awareness Campaign

Access Bank’s Retail Banking Team is excited to announce its 2nd Fibroid Awareness Campaign across the country as part of its pioneering CSR intervention, Project 111.

The campaign which runs all through the month of July, 2024, will kick start with a webinar aimed at creating awareness of fibroid among the female populace. And it will be spearheaded by dedicated team members of the bank’s retail group committed to seeing the success of the initiative, against all odds.

The Project 111 is a Fibroid focused initiative to treat one woman at a time, change her family, and by extension, generations to follow.

Uterine leiomyomas or fibroids are benign growths that can be extremely large and cause substantial discomfort, including bright red vaginal bleeding, constipation, bloating, and severe pelvic and low back pain that interferes with women’s daily functioning and child-bearing capability.

The initiative comes on the heels of the general lack of awareness on the part of women as highlighted in key statistics that 70-80% of women will develop fibroid at some point in their lifetime, but only 38% were aware of the available treatment. These statistics emphasize the importance of Project 111, which focuses on creating awareness and support for women who struggle with the issues around fibroid and its effects.

According to the Deputy managing Director, Retail, Chizoma Okoli, “At Access Bank, we believe that our responsibility extends beyond banking. We are dedicated to the well-being of our customers and communities. This campaign is a testament to our commitment to supporting women’s health and ensuring they have the information and resources they need to lead healthy lives.

“Project 111 was officially launched in 2022, when we provided more than 100 free fibroid surgeries in five geopolitical zones to directly touch over 4,000 lives, while creating a ripple effect of positive change with over 16,000 impacted lives.

This year, we are raising the bar of this social responsibility, targeting 100,000 women, providing 500 women with free diagnostic tests, and aiding 100 women in need of surgeries.

We have a dedicated website, https://www.accessbankplc.com/sustainable-banking/csr which provides articles on fibroids, information on partner hospitals, as well as up-to-date information for individuals about the initiative”. Okoli concluded.

Access Bank Retail Banking Team

Reiterating Okoli’s comments, Group Head, Consumer Banking, Njideka Esomeju said, “ As part of our kick off activities to flag off the 2nd Fibroid campaign, we will be having a free Fibroid screenings and community health talk across 20 states. We will also have a webinar to listen and address women affected with Fibroids and other related health issues.

When we launched in 2022, we had a webinar addressing women affected by fibroids and in efforts to be at the forefront of public support for women’s health in Nigeria, we began the ‘Wear White Campaign’ in July last year during the Fibroid Awareness Month. In this pilot phase, the awareness and education campaign reached 17,266 women across 33 countries, with 156 women given access to proper diagnosis, assessment, and treatment recommendations.

You need to hear from our beneficiaries on how they have benefited from the project and the effects it has impacted on their lives. So we invite everyone to join us in this month for this important campaign. Together, we can make a difference in the lives of countless women by spreading knowledge, encouraging early diagnosis, and providing much-needed support”.

Hannatu Botsha, one of the beneficiaries of the health initiative shared her testimony with newsmen during the launch. In her words,” I have come back with my mouth full of gratitude, I can’t thank this Retail team enough oo. I came across the free fibroid surgery in 2022 and was reluctant to apply because I thought it was for customers only, it took me days to make up my mind and give it a trial. I got a call from Oyindamola Oyebola (one of the staff in the dedicated team)on the 9th of February 2024 to ask if I was still interested in the surgery since she sent a mail I did not respond to. I saw that call as a sign from God because I was bleeding and having pains plus feeling movements in my abdomen. I went to the hospital got all the requirements from them and after a month the doctor called me to come for an all-expense paid surgery by Access Bank Retail team (is God not wonderful?).

 Surgery was done on 29th march which is good Friday for Jesus to die on our behalf, and I came out victorious and clean after all the scary gist I heard about fibroid surgery.

 I have come back with my testimony and gratitude to this wonderful team. God bless you all and may your pockets never run dry IJMN.

“It has been an exciting journey for the Access staff of the Retail Banking team,” said the Project Coordinator Adeola Rojaiye, reflecting on their recent accomplishments. “It gives us immense fulfilment to witness the positive impact we’ve made in the lives of our customers, thanks to our collective efforts and unwavering commitment. For more information on how to participate and be part of this journey please follow us @project_111_official on Instagram and YouTube and visit the Project 111 website at  https://www.accessbankplc.com/sustainable-banking/csr and contact us via email at cs**********************@***********lc.com Rojaiye concluded”.

About Project 111:

Project 111 is a CSR initiative led by Access Bank’s Retail Banking Group Team dedicated to raising awareness about fibroids and providing essential support to women across Nigeria.

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Banking

Diaspora Remittances to Hit $1bn a Month by Year-End—Cardoso

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By Adedapo Adesanya

The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says Nigeria anticipates remittances from citizens living abroad to increase by two-thirds in 2026 as it seeks to bolster its foreign-exchange reserves to $1 billion monthly.

“We are expecting that by the end of the year, we will hit about a billion Dollars a month from diaspora remittances,” he said at the 14th Annual BusinessDay CEO Forum in Lagos on Thursday, themed From Stability to Shared Prosperity.

Mr Cardoso said remittances are expected to be boosted from more than $600 million currently, banking on the CBN’s deliberate target at remittances to diversify reserve sources beyond oil earnings.

According to him, the apex bank engaged Nigerians abroad, banks and international partners to identify barriers to official remittance flows.

He said the lender subsequently reviewed policies to ensure easier movement of funds into and out of the country.

Mr Cardoso described the approach as providing free entry and free exit for foreign exchange.

He said the reforms helped double diaspora inflows within one year and exceeded initial expectations, also projecting annual remittances could reach about $8 billion if the current momentum was sustained, adding that the development reflected growing confidence in Nigeria’s financial system and foreign exchange market.

Mr Cardoso said reforms introduced by the apex bank had restored stability in the foreign exchange market and improved investors’ confidence.

He identified exchange rate unification as one of the central bank’s major achievements under the reforms programme.

According to him, replacing multiple exchange rate windows with a market-driven system eliminated distortions and improved transparency.

Mr Cardoso said improved foreign exchange liquidity and stronger reserves were among the gains from the reforms.

He said Nigeria’s net external reserves had risen from about $3 billion at the start of the reforms to above $40 billion currently, noting that gross external reserves had grown to about $52 billion, representing about 10 months of import cover.

According to him, the reserves are designed to shield the economy from external shocks and excessive market volatility.

He said the reserves were not meant for routine interventions or day-to-day exchange rate management.

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GTBank Emerges Nigeria’s Best Digital Bank at 2026 Euromoney Awards

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By Modupe Gbadeyanka

The flagship banking subsidiary of Guaranty Trust Holding Company (GTCO) Plc, Guaranty Trust Bank (GTBank) Limited, has been announced as the winner of Nigeria’s Best Digital Bank award at the Euromoney Awards for Excellence 2026.

The lender clinched this accolade at the Euromoney Awards for Excellence 2026 ceremony, held on July 17, 2026, at The Peninsula London, England, for its outstanding performance, innovation, customer service, and leadership.

GTBank’s recognition as Nigeria’s Best Digital Bank reflects its continued leadership in digital innovation and its commitment to delivering seamless, secure, and customer-centric financial solutions.

As the banking franchise of GTCO, GTBank has consistently set industry benchmarks in digital transformation, pioneering solutions that have redefined how individuals and businesses access, manage, and experience financial services.

Over the years, GTBank has transformed the banking experience through a suite of innovative digital platforms, including the GTWORLD mobile app and solutions that provide millions of customers with seamless, secure, and convenient access to financial services.

The bank continues to strengthen its digital capabilities by introducing products and services that meet evolving customer needs while maintaining the highest standards of security, reliability, and service excellence.

This latest recognition underscores the company’s position as a market leader and reflects its sustained investment in technology, operational excellence, and innovation.

“This recognition is a testament to the legacy upon which GTBank was built and the vision that continues to guide us today.

“From inception, our goal has been to deliver on the Group’s vision to make end-to-end financial services accessible to everyone by leveraging technology to remove barriers, simplify experiences, and create meaningful value for our customers,” the chief executive of GTBank, Mrs Miriam Olusanya, stated.

“While we are honoured by this recognition, we see it as an acknowledgement of what we have achieved and a motivation to do even more.

“We remain focused on raising the bar for digital banking, investing in innovative solutions, and delivering exceptional experiences that create lasting value for our customers.

“As the financial services landscape continues to evolve, we will continue to innovate, adapt, and lead with the same commitment to excellence that has defined our franchise for decades,” she added.

The Euromoney Awards for Excellence 2026 convened leading financial institutions, industry executives, and policymakers from across the globe to celebrate excellence, innovation, and leadership in the financial services sector.

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Flutterwave Partners PayPal’s Xoom to Enable Direct Money Transfers to Nigeria

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By Aduragbemi Omiyale

A collaboration to enable fast money transfers into Nigeria has been entered into between Flutterwave and Xoom, PayPal’s international digital money transfer service.

The partnership allows Xoom transfers to be converted by Flutterwave and settled locally in Naira, enabling quick transfers directly into recipients’ bank accounts at Access Bank, UBA, Zenith Bank, First Bank, GTBank, and additional participating banks across Nigeria.

The deal also enables Xoom’s global network with Flutterwave’s local payout infrastructure, allowing users globally to send funds directly into Nigerian bank accounts with improved speed and efficiency.

Nigeria is the leading remittance recipient in Sub-Saharan Africa, receiving over $20 billion in personal remittances in 2024. Despite this volume, receiving international payments has historically remained complex due to FX constraints and settlement delays. This collaboration helps address those challenges in a market of more than 232 million people, where the ICT sector is projected to contribute 21 per cent of GDP by 2027.

By combining Xoom’s expansive reach with Flutterwave’s local compliance and banking partnerships, the two companies are providing a more accessible financial corridor for the continent.

Xoom, a PayPal service, is a fast and secure international digital money transfer service that enables consumers to send money, pay bills, and reload phones for friends and family in approximately 160 markets globally.

As part of PayPal’s global payments ecosystem, Xoom leverages advanced fraud protection, compliance capabilities, and a trusted global network to help millions of customers move money quickly and securely across borders.

“We’re excited to have been chosen by Xoom for their Nigeria expansion. Millions of Nigerians rely on money from abroad to support everyday needs, whether it’s families receiving help from loved ones, freelancers getting paid for their work, or individuals earning income from the global economy. This helps make it easy and more reliable for people in Nigeria to receive funds and stay connected to opportunities beyond borders,” the chief executive of Flutterwave, Mr Olugbenga GB Agboola, stated.

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