How To Transfer Money From First Bank To Another Bank Using 894#

To transfer money from first bank to another bank just got easier as you can able to perform any money transaction on your mobile phone without the need for internet connection or internet data.

I can recall that any money transaction on mobile is just for airtime recharge and nothing again but recently many banks added new things which includes transferring money or funds from one bank to another through a USSD CODE which first bank recently introduced. 

With USSD code mobile money transfer service, there is no need for you to queue up at the banking hall just to deposit small amount of money. It’s fast, convenient and secure.

Features of First Bank *894# 

>> All services can be performed using ANY type of phone (feature and smart phones). 

>> The number being used to access the service must be the number registered with First bank. 

>> Money is deducted directly from your bank account. 

>> Allows you select the account you want to transact on if you have more than one accoun in the bank. 

User Enrollment 

>> Simply dial *894*0#

>>A list of masked debit card numbers linked to your account is displayed

>>Select your preferred debit card

>>Enter the 4-digit Personal Identification Number (PIN) for the selected debit card

>>Create a new 5-digit PIN

>>Your number is now LIVE on the FirstBank USSD Quick Banking Service

Without a Debit ATM Card 

1. Simply dial; *894*0#

2  Provide your 10-digit FirstBank account number. 

3  Create a new 5-digit Personal Identification Number (PIN). 

4. Your number is now LIVE on the FirstBank USSD Quick Banking Service. 

You don't have to fear if without atm is secured, both with or without atm card are secured as long as you have your private or personal identification number or pin code. 

Benefits 

1. It is the fastest , most convenient

2  Money can be transferred anywhere, anytime(24/7) and on-the-go. 

3. Works on all types of GSM mobile phone handsets. 

4. Transaction takes not more than 10-15 seconds to complete. 

5. Beneficiary's account name and number are always displaced for your confirmation before completing the transfer. 

6. Funds are instantly sent and the beneficiary receives the money instantly. 

7. There is no minimum single transaction amount

Maximum single transaction amount is N100,000. 

Features 

1. There is no minimum single transaction amount. 

2. Maximum single transaction amount is N100,000. 

3. Daily transfer limit is N100,000. 

4. All fund transfer transactions require PIN.

5. Instant transaction alerts. 

6.With 894, you can transfer money within FirstBank and to other Nigerian banks.

How To Transfer Money From First Bank To Another Bank Using 894# 

First you should know that you can't use any sim other than the sim card or number used in creating or opening bank account with first bank or any other bank(s). First let's go through the option menu when you dial *894#.

1.Dial *894*Amount*Account Number# (For example -  Dial *894*5000*1234567890# to send N5,000 to account number 1234567890).

2. Select the bank you are Transferring to

Confirm beneficiary’s name, amount, and enter your 5-digit PIN.

3. Your accounts are displayed for selection, (if you have more than one account with FirstBank). 

4. Select account to you want to Transfer from

Transaction is processed and completed. 

So this is the guideline to transfer money from first bank to another bank using *894# USSD CODE. 

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Dollar now N385 at street markets, as CBN supplies $100m

Traders in Abuja and Lagos yesterday purchased United States dollar at the rate of N385, indicating greater apprehension among dealers and speculators.

The traders said the naira continues to firm up against major currencies, due to the consistent supply to the market by Central Bank of Nigeria.

The apex bank yesterday offered the sum of $100 million to meet the requests of wholesale customers, out of which $91 million was taken.

Confirming the offer, the Acting Director of Corporate Communications at the CBN, Isaac Okorafor, disclosed that the dealers will have value for their respective bids on Friday, March 24, 2017.

While further disclosing that the highest and marginal bid rates were N330/$1 and N320/$1, respectively, Okorafor said no intervention was made by the Bank to meet requests for invisibles on Thursday.

The naira so far appreciated by about 25 percent in the parallel market since the beginning of the CBN new forex policy announced on February 20th. Before the new policy the dollar was exchanged at N520.

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Nigeria to spend $143bn on ICT imports by 2019 – NITDA DG

If the trend of importation of ICT products is not stopped or at least reduced to a barest minimum, Nigeria would be spending $143.8bn on ICT imports in 2019, the Director General of the National Information Technology Development Agency [NITDA] Dr Isa Ali Ibrahim has said.

So far the country loses approximately N1.52trillion ($3.8bn) every year through importation of Information and Communications Technology products, services and software.

Dr Ibrahim, who disclosed this in an interview with Daily Trust in Abuja yesterday, said importation of virtually every ICT software and hardware was killing the local IT industry and draining the country of foreign exchange.

 ‘’We want to solve the problems bordering on local content in the ICT sector in the country. We are not happy at all that Nigeria loses so much on importation of IT products and services as well as software. Approximately, $2.8billion are being lost annually from importation of ICT goods and services, including $1bn spent also annually on importation of software into the country. This is huge; if we don’t act quickly to reduce this, the survival of our local industry will be at risk’’, the NITDA DG said.

He said one of the best ways to prevent or reduce corruption in the civil service is by looking thoroughly into the IT projects being embarked upon by MDAs.

‘’ I realised this is the best way to fight corruption in Nigeria. Most of the MDAs insert IT projects in their budgets not because they need it, but because it is the easiest way to circumvent the questions of Senators or House of Representatives at the National Assembly’’, he said.

While revealing that some civil servants who designed budgets for MDAs used IT projects as a conduit to siphon government money, he said NITDA had detected and was ready to put an end to it.

He said, ‘’NITDA is the clearing house for all IT projects. The Federal Government has mandated all MDAs to seek for NITDA clearance before embarking on any IT project. We have recorded some successes in the enforcement of this policy and we need to maintain the tempo.’’

Dr Ibrahim also said NITDA was already filtering the ICT products and monitoring all software being imported into the country in a bid to reduce capital flight and build local industry.

He said the agency’s Act stipulates that any CEO of any MDAs who deployed any IT project without NITDA clearance is liable to one or three years imprisonment.

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2017 MTN Nigeria Fresh Job Recruitment (4 Positions)

MTN Nigeria - The leader in telecommunications in Nigeria, and a part of a diverse community in Africa and the Middle East, our brand is instantly recognisable. It is through our compelling brand that we are able to attract the right talents who we carefully nurture by continuously improving our employment offerings even beyond reward and recognition.

We are recruiting to fill the following positions below:

1.) Senior Manager, Disaster Recovery

Deadline: 15th March, 2017.


2.) General Manager, Supply Chain Management Finance

Deadline: 24th March, 2017.


3.) Manager, IT Audit

Deadline: 24th March, 2017.


4.) Senior Manager - Sales, Northern Region

Deadline: 24th March, 2017.

2017 MTN Fresh Job Recruitment details 

Manage, co-ordinate and report on IT, GSM, and related technology audit.

Support the Shareholder return strategy by developing and implementing Business Risk Management Processes that are aligned to achieving all elements on the business score card. (i.e. Grow Market Share, Grow ICT & Data Revenue, Increase EBITDA margins, Assure Revenue, CAPEX Returns Management and Net Subscriber Additions).

Participate in the review of Business Processes (headcount, process optimisation, etc.), to drive efficiency gains to ensure at least 5% reduction in Divisional budget year-on-year.

Serve the Division’s internal customers and provide solutions to improve the customer experience.

Strategic Partnerships with MTNN leadership team to drive awareness on expected behaviours and impact on non-compliance on bottom line results and company image/reputation.

Drive planned strategy for the successful delivery of MTN Group and MTNN transformation initiatives focusing on Customer centricity, including Perfect 10 Project.

Drive an increase in MTNN’s Net Promoter Score.

Meet with management on matters that bothers on risk management, internal controls and corporate governance processes.

Network and build solid relationships with internal units and relevant third parties (e.g. strategic investors, technical and finance partners, business consultants etc.) and develop a close working relationship with relevant information sources to provide an integrated service.

Maintain effective working relationships with internal and external suppliers.

Coordinate, coach and influence external partners and essential support departments across MTNN’s business units to deliver a seamless pre-sales and post-sales service experience.

Plan IT audit procedures, oversee a team of auditors and ensure their investigation is in compliance with MTNN and government standards.

Identify significant risk(s) associated with strategic objectives of the company and provide input into annual audit plan accordingly.

Develop and record a plan for each engagement reflecting the scope and objectives of the audit assignment linked to the significant risk exposure within that particular environment.

Ensure efficient and effective execution of annual audit plan, track and monitor expenditures and update/adjust budget as necessary.

Lead and direct the monitoring of MTNNs computer network for possible mismanagement, fraud and inefficiency.

Conduct on-going audits as per annual audit plan and as need arises and provide suggestion on audit assignments conducted e.g. technical reviews of IS and Network.

Perform complex analysis using CAATs tools (e.g. ACL) and Excel and ensure audit reports are timely, accurate, objective and constructive.

Incorporate knowledge gained from consulting engagements into audit assignments and overall audit plan.

Sustain audit methodology processes to ensure compliance with the required standards of the Institute of Internal Auditors and International Best Practice; and recommend changes as required.

Provide input to the overall audit methodology and promote efficient practices by recommending improvements in processing capability, user interface and security designs.

Continuously seek self-professional development to sharpen skills and capabilities in a versatile and evolving digital landscape.

Coach and train the team to ensure understanding of the objectives and goals of the department, awareness of set targets/requirements and regularly review their training needs.

Review performance of individual team members and complete appraisals in accordance with the employee performance appraisal procedures and time schedules.

Identify training requirements of team members, develop program to address knowledge gaps and to enrich knowledge repository within the department.

Job Condition   

Normal MTNN working conditions.

May be required to work extended hours.

Experience & Training     

Education 

First degree in related discipline Preferably in (Electrical/ Electronics, Computer Engineering, Telecommunications, or Computer Science with strong predilection for engineering; or in any technology oriented discipline). 

Fluent in English. 

Master advantageous in (Telecommunications or any Communications related field) or CISA, CISSP, CISM

For added advantage – CIA,

Experience 

Minimum 6 years’ experience which includes:

Minimum of 3 years’ experience in an area of specialization; with experience in supervising/managing others. 

Experience working in a medium to large organization. 

Hands on experience in Internal Audit (with focus on IT Audit) in a Systems/ IT/ Telecomm environment

Training 

Internal audit

Fraud management

Business risk management

General management

IT Audit (ISACA, ISO). 

Minimum Qualifications 

BA, BEd, BEng, BTech or HND

Application closing date 

24th March, 2017. 

How to apply 

All interested and qualified candidates should click here

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The Basic Truth In Achieving Success In Any Business Of Your Choice

Finding success as an entrepreneur can often come with a number of challenges. No matter what industry you are in, or how long you have been working at it, there will always be obstacles to overcome and challenges that come your way. However, there are five key lessons that every entrepreneur can use to their advantage during their journey.

Basic Truth In Achieving Success In Any Business Of Your Choice 

Let me tell you this, go behind closed doors and glimpse what makes people’s businesses thrive or die. So it's better you apply the basic truth in succeeding in your business and stick to them, and your goals and dreams will fall into place.

1. Start your business in an industry you love

If you want to do well, you need to start a company in an industry that you are truly passionate about, or one that you have experience in. Expertise is key to making a company work, but you need more. Before you launch, do your homework on the industry. Your company won't succeed if it's just another version of someone else’s idea. You need to locate an improvement or a new product or service that fulfills unmet demand.

Your main focuses as an entrepreneur is providing the public what they need or desire, whether they know it or not. You don’t have to be the most innovative company ever invented but you do need to offer something new and fresh, whether that's a unique perspective or simply opening a shop in a neighborhood that needs your services. Whatever it may be, your company needs to have purpose.

2. Prioritize And Concentrate On One Thing At A Time

Every day, do the most important thing and don't venture into many things at the same time. Start right away and don’t do anything else until you’ve finished. Prepare your to do list when you wake up. I’m not referring to your shopping list. I’m talking strictly about those things that have an impact, that scare you, and that carry with them the possibility of failure.

Review your list of goals daily, sit down, meditate, visualize, and be thankful in advance. Convince yourself that you’ve achieved your goals, and your subconscious will convince the universe for you. 

3. Never focus on short term profits 

You likely became an entrepreneur to make some money but never focus on short-term earnings.The big money is in the long-term fulfillment. No matter how much or how little you make in the short term, your focus should always be long. You don’t want to be a flash in the pan, you want to be an established, respectable company that enjoys long-term earnings.

This is precisely why so many Internet companies have little or no revenue when they start out. They focus on users first and monetizing their efforts later. Have a long-term mindset to grow an established, successful brand.

4. No niche is too small 

No niche is too small if you are willing to work hard. If you are an expert in a small or non-traditional niche, don’t be afraid to go for it. You never know where it will take you.

Just because your niche is small, it doesn’t mean that you have to think in small terms. Think how you can take that small, specific niche and grow it into something much larger.

5. Use New Tools to grow faster 

Being a successful entrepreneur is all about taking an idea and growing that idea into an established company. However, if you really want to find success as an entrepreneur, you need to be willing to do whatever it takes to grow faster. This is why you need to be using new tools and technologies and taking a multi-faceted approach to growing your brand in order to find the type of success that you are looking for.

You need to think about the tools that you personally can use to innovate in your niche and think about the tools that others are failing to utilize.

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