Ecobank Mobile App Named Official Bank Service Platform for Okpekpe Race

first_imgThe organisers of the Okpekpe International Road Race, Pamodzi Sports Marketing has named Ecobank Mobile App as the official Banking Service platform for the 2018 edition of the race slated for Saturday, May 12  in Okpekpe, Edo State.Mike Itemuagbor, Chief Executive Officer of Pamodzi Sports Marketing and Chief Promoter of the Okpekpe International Road Race said the Ecobank Mobile App is the most ideal and suited for the Okpekpe 10km Road Race being an app that has been adopted across Africa.Itemuagbor observed that the Ecobank App would adequately cater for over 5000 local and international professional athletes expected at the competition and also sports enthusiasts and government officials from across the continent. According to him, “The Okpekpe Road Race is a global competition. It is therefore natural we look for a bank with a service platform that has international appeal. This informed our choice of Ecobank Mobile App”.“We have a long partnership with Ecobank based on the bank’s African appeal which best suits our dream to become one of the most sought after long distance race in the world. Our athletes come from all over Africa and they have testified that Ecobank products best suit them, enabling them access their funds at any point in time, especially during the competition as they do not need to carry cash or source foreign exchange”.In his comment, Managing Director, Ecobank Nigeria, Charles Kie, said the Ecobank Mobile App is a game changer for African banking by using digital technology to combat many of the financial inclusion barriers faced by those on the continent.He said Ecobank’s strategic mission is built around using mobile banking to deliver innovative, efficient and cost-effective services to every African.“Our app not only removes the barriers that have financially excluded so many Africans but offers next generation functionality to help them send money, make withdrawals or pay for goods and services. Customers can use the app on their mobile to instantly open Ecobank Xpress Account, which doesn’t have any account fees, paperwork or minimumbalance requirements, or to send and receive money across 33 African countries,” he said.The Ecobank Mobile App launched in 2016 has over 4 million users registered and has consummated over one billion dollars transaction value.The Okpekpe international 10km road race has set the pace for other road races in Nigeria and West Africa. It is the first road race in West Africa to be designated by the IAAF as one of the leading road races around the world since the classification was introduced in 2008.For three years since 2015, the race was organised under the prestigious IAAF Road Race Bronze Label and now it is the first road race to be granted a silver label status in West Africa.The race is organised by Pamodzi Sports Marketing, a leader in sports marketing, sponsorship, hospitality and Rights Acquisition business in Nigeria in conjunction with the Athletics Federation of Nigeria (AFN) and the Edo State Government.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Kassab asks city for tax break

first_imgThe developer who plans to build apartments on the site of downtown Vancouver’s Burgerville restaurant has asked the Vancouver City Council for the same state tax break that helped spur millions of dollars worth of development on the fringes of Esther Short Park. Elie Kassab has asked city leaders to limit property tax assessments to the land beneath his proposed 92-unit apartment complex and its ground-floor commercial spaces, while allowing him to forego taxes on the upper three stories of the buildings for the next 12 years. That would save him an estimated $93,000 annually, or about $1.1 million total, according to a city consultant’s analysis.Without the property tax break, it wouldn’t be possible to build his planned apartment complex near the Interstate 5-Mill Plain Boulevard entrance to downtown Vancouver, said Kassab, a local developer and president of Prestige Development. “It won’t pencil out without it,” Kassab said.He needs the backing of a majority of the seven-member city council to get the tax break he’s asking for.At least one city council member expressed concern about encouraging downtown rental units. City Councilwoman Jeanne Stewart said owner-occupied condominium units might be better than rentals, because condos bring more stability to downtown.But the market potential of apartments has changed since state legislators passed the multifamily tax abatement ordinance, said Councilman Pat Campbell.“There are younger people and people who have lost their homes that are looking for a place to live,” he said.Other downtown projects that took advantage of tax abatements include the Heritage Place, a $17 million condominium and retail development across from Esther Short Park in downtown Vancouver. Tax abatements also helped build the apartment units in the $100 million Vancouvercenter on the east side of the park.last_img read more