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FIRSTBANK BAGS UNIVERSITY OF IBADAN
DIAMOND BENEFACTOR AWARD
First Bank of Nigeria Plc has clinched the prestigious
University of Ibadan Diamond Benefactor Award, instituted by
the University’s Advancement Board to recognize corporate
organizations for sustained commitment to the premier
institution. The award was presented by the Ooni of Ife, Oba
Okunade Sijuwade at the launch of the University’s Five-year
Capital Campaign (2007 – 2011), in Lagos.
FirstBank was particularly recognized as an exemplary donor
to the university in the last decade, especially in the
areas of endowment and strategic infrastructure development.
Based on a user-defined needs assessment, the Bank supported
the University with the building of a N50 million
multipurpose auditorium at the Faculty of Agriculture. The
multipurpose auditorium is part of the Bank’s strategic
project in the University, which replaced the research
endowment scheme previously running in the institution. The
Bank has a similar project in Ahmadu Bello University, Zaria
(Information and Communication Technology Park).
Other dignitaries at the ceremony included Vice President
Dr. Jonathan Goodluck, Lagos State Governor, Babatunde Raji
Fashola (SAN), and Nigeria’s former Head of State, General
Abdulsalami Abubakar who is the University’s Advancement
Board Chairman. The ceremony was also witnessed by Emir of
Kano, Alhaji Ado Bayero and the Alake of Egbaland, Oba
Adedotun Aremu Gbadebo.
The award was received on behalf of the Bank by the
Executive Director, Risk & Management Control, Mr. Sanusi
Lamido Sanusi who was accompanied by his Corporate Banking
counterpart, Mrs. Bola Adesola.
By this award, the Bank’s consistent performance in all
spheres has once again been acknowledged. In the last couple
of years, the Bank received the reputable US-based Global
Finance Magazine Awards as the Best Emerging Market Bank as
well as the Best Foreign Exchange Bank in Nigeria. Equally
it received, for the 12th time, the prestigious
Nigerian Stock Exchange Merit Award in the Banking and
Investment Sector for the best presentation, quality, and
depth of the Bank’s Annual Report & Accounts. In the same
vein, the prestigious Pearl Awards rated the Bank the winner
of the 2004 Market Excellence (Most Active Stock) for
performance, earnings and returns, and leadership on the
Nigerian Stock Market.
Apart from its primary area of providing financial support
to various development programmes,
FirstBank has contributed immensely to the nation’s human
capital as part of its overall support to national
development.
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