TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Signature Bank targets over 42m unbanked Nigerians

The Citizen by The Citizen
November 22 2022
in Business
A A
0
Signature Bank targets over 42m unbanked Nigerians

rom left: Founder, Signature Bank, Dr Alex Otti, Chairman, Board of Directors, Dr Mutiu Sunmonu, Founder, Topnotch Group, Ekaette Sumonu, Lagos State Commissioner for Economic Planning and Budget, Samuel Egube and Minister of Industry, Trade and Investment, Otunba Niyi Adebayo during the launch of the bank in Abuja...yesterday

Signature Bank is seeking to provide access to quality financial services about 42 million Nigerians yet to be captured in the financial net, its Founder, Dr. Alex Otti, has said.

Leveraging Artificial Intelligence (AI), disruptive technology and a resourceful team, he stated that the bank will provide seamless services to Nigerians from the comfort of their homes through digital channels.

He further said the bank is already working to open in several locations across Nigeria, including Port Harcourt, Aba, Sokoto, Owerri, Onitsha, Kano, Enugu and in other metropolitan cities around the country.

Speaking during the official opening of the bank and unveiling of its head office in Abuja, Dr. Otti said: “The journey began in 2017, driven by a yawning gap we identified, a vacuum created by repeated unresolved complaints, poor responsiveness, and unsavory customer experience encountered regularly from the banks we did business with.

“So, we set out to build a bank to challenge the status quo, that is future-forward, embraces change and impacts the lives of the people we serve. Statistics has it that more than 42 million people in Nigeria have no access to financial services. We see a big opportunity here.

“Our express intention is to deliver a hybrid financial and lifestyle package that has all the hallmarks and capabilities of the traditional big banks interspersed with the agility and creativity of the new wave of digital-minded banks.

“Above all, we have assembled a team of some of the best hands in the banking space today to champion and deliver on our promise.”

In his remarks, the Minister of Industry, Trade and Investment, Adeniyi Adebayo, said: “My presence here today is to lend my support and to congratulate the shareholders of this laudable institution – Signature Bank. The name itself lends itself to what we expect of the institution.”

The Chairman of the Board of Directors of Signature Bank, Mr. Mutiu Sunmonu, added: “The goal is to give our customers the freedom to bank on-the-go so that they can do business with us from anywhere, anytime, anyplace.

“We are setting up unique looking branch locations in targeted cities across the country so that our customers have physical touchpoints to experience our different brand of service in-person.”

Previous Post

World Cup: England hit six against Iran, Senegal lose, Bale bails Wales

Next Post

FIPL inducts young engineers to enhance sustainability in power sector

Related Posts

Refiners predict petrol price drop below N400/ltr
Business

Marketers reject govt plan to cap petrol price

October 16 2026
Sahara champions global shipping collaboration for $20m Mercy Ships Healthcare Impact
Business

Sahara champions global shipping collaboration for $20m Mercy Ships Healthcare Impact

October 13 2026
EFCC recoveries: The good, the bad and the ugly – Punch
Business

Dangote Refinery extends IPO by two weeks 

October 13 2026
TikTok denies restricting service in Kaduna, Kano, two others
Business

TikTok denies restricting service in Kaduna, Kano, two others

October 13 2026
Aba firms report higher output, lower energy costs
Business

Aba firms report higher output, lower energy costs

October 12 2026
Another global mobility company exits Nigeria
Business

Another global mobility company exits Nigeria

October 9 2026
Next Post
FIPL inducts young engineers to enhance sustainability in power sector

FIPL inducts young engineers to enhance sustainability in power sector

UBA reiterates commitment to SMEs devt across Africa

UBA plans Yuletide reward for customers

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

ODDITIES

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

US engineer caught on camera poisoning colleague’s water bottle

US engineer caught on camera poisoning colleague’s water bottle

by The Editor
October 12 2026
0

Newly-wed pastor steps back from ministry after apologising over past affairs

Newly-wed pastor steps back from ministry after apologising over past affairs

by The Editor
October 6 2026
0

GLOBAL NEWS

Nigeria: Pope Leo XIV urges release of abductees from terrorists’ den

Pope Leo’s lung surgery successful — Vatican

by The Editor
October 13 2026
0

...

Child Soldiers: US threatens to cut military aid to Nigeria

Child Soldiers: US threatens to cut military aid to Nigeria

by The Editor
October 13 2026
0

...

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

by The Editor
October 13 2026
0

...

US releases fresh names, photos of 24 Nigerians on deportation list

US releases fresh names, photos of 24 Nigerians on deportation list

by The Editor
October 12 2026
0

...

US to livestream Fort Hood shooter’s execution

US to livestream Fort Hood shooter’s execution

by The Editor
October 9 2026
0

...

State of the States

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC shares N2.43tr among FG, states, LGs

October 16 2026
Refiners predict petrol price drop below N400/ltr

Marketers reject govt plan to cap petrol price

October 16 2026
Economy: ₦1m salary worthless without stable Naira – NLC

FG, NLC clash over minimum wage talks

October 16 2026
Netflix secures exclusive 2030 FIFA World Cup broadcast rights in Spain, Andorra

Netflix secures exclusive 2030 FIFA World Cup broadcast rights in Spain, Andorra

October 16 2026

EDITORIAL REVIEW

Tariff hike: Electricity workers lock out minister, issue 14-day ultimatum

Don’t involve civil servants in politics – Punch

by The Editor
October 16 2026
0

Kano, Sokoto, others spend N53.2bn on scholarships abroad

Kano, Borno spreading tyranny – Punch

by The Editor
October 13 2026
0

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

US Congress okays bill to cut foreign aid to Nigeria

Nigeria’s revolving-door budgeting – Punch

by The Editor
October 12 2026
0

Police, Oyo LG deny release of kidnap victims after Igboho’s ultimatum

Tinubu’s extended absence – Punch

by The Editor
October 8 2026
0

Opinion

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.