First Bank of Nigeria Limited has announced its organisation of a Joint Seminar with sub-Saharan African Banking and Telecom Regulators to promote financial inclusion through digital innovations in sub-Saharan Africa. The event which was held in Lagos recently was themed “Advancing ePayment and Digital Innovations in Africa- Evolution of Nigeria’s Payment Systems”.

The seminar was organised to provide key officers of regulatory authorities in these Markets – notably locations with FirstBank subsidiaries; Ghana, Senegal, DRC, Gambia, Sierra Leone and Guinea – a platform to get familiar with developments in the Nigerian Payment Systems and Digital Products Industry thereon replicating and adopting the learnings from the seminar with a view to bolster the finance industry in their respective countries.
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fbadmin
September 2nd, 2019

As part of activities marking the 2019 First Bank of Nigeria Limited Corporate Responsibility and Sustainability Week (CR&S) the Bank has empowered 125 widows as identified by the International Women Society (IWS) vis-à-vis their initiative for widows – Widows Trust Fund – with funding to grow their micro-medium scale businesses. However, the desire of the Bank is to scale up the empowerment to 500 widows before the end of the year.

Speaking at the 125 widows’ endowment empowerment programme in commemoration of FirstBank 125th Anniversary, the Group Executive, International Banking Group (ITBG), First Bank of Nigeria Limited, Mrs. Bashirat Odunewu, said the Bank’s partnership with IWS was designed to further the empowerment of women, especially widows. She also stated that the CR&S week themed: ‘Ripples of Kindness; You First’ reflects the brand promise to always put its stakeholders first and is designed to offer employees and other stakeholder, opportunities to give their time and resources to defined causes.
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fbadmin
September 2nd, 2019

Lack of accessible financial service points is one of the key factors responsible for Nigeria’s high exclusion rate.

In its quest to deepen financial inclusion, FirstBank is channelling its resources to reach those at the bottom of the pyramid through its agency banking.

The tie-one bank has over 31,000 agents spread across Nigeria with 9,000 assigned to provide financial services to the highly excluded Northern region.

According to Adesola Adeduntan, the MD/CEO of First Bank of Nigeria Ltd, the bank took it upon itself as part of their strategic plan to be the bank that can be the right partner to the CBN and the government by helping to achieve the right social impact. (more…)

fbadmin
August 29th, 2019

First Bank of Nigeria Limited, as part of the launch of its specialized SME propositions, has announced the convening of its SME Week scheduled to hold in the week 5 – 9 August 2019. Customers and non-customers of First Bank can expect to participate in a wide range of events and activities designed with the SME in mind. The activities range from the SME Masterclass themed “Designing and Implementing a Growth Strategy for your Business” to specialized one on one sessions with renowned business coaches and the launch of seven (7) unique pillars which make up our SME propositions available via SMEConnect – The FirstBank SME portal

The highlight of the week is the launch of the SME portal, a platform through which SMEs can access our unique propositions that have been designed to equip them with the essential tools needed for the growth of their business. The SME portal is also designed to help SMEs identify various gaps that hinder their business growth leveraging our innovative Business Diagnostics Tool, with a view to proffering tailored solutions and creating opportunities for business improvement, profitability and sustainability. (more…)

fbadmin
August 5th, 2019

First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has introduced the Visa Multi Currency Card, an All-in One-Card and first of its kind to be offered by any financial institution in Nigeria. This card can be linked to all of four currencies namely: NAIRA, USD, EURO and GBP accounts.

With the Visa Multi-Currency card, FirstBank customers – within and outside Nigeria – can now enjoy the luxury of having their local and foreign denominated accounts in any currency, linked to a single Debit card. The Visa Multi-Currency Card is designed to ease the daily cashless transactional needs of customers regardless of where they are across the world.

Amongst the many benefits of the Visa Multi-Currency card are Point of Sale and Online purchases, access to and use of ATMs worldwide. There is no cash collateral requirement prior to its issuance. (more…)

fbadmin
July 8th, 2019

The Chief Executive Officer of First Bank of Nigeria Limited, Dr. Adesola Adeduntan, has encouraged children to cultivate the habit of showing kindness to people around them irrespective of class, race or circumstance.

Dr. Adeduntan gave the charge on Wednesday, 3rd July while espousing the Bank’s values-promoting initiative, ‘Start Performing Acts of Random Kindness’ (SPARK) to pupils of Methodist Girls’ High School, Yaba, Lagos as part of the activities marking the third edition of FirstBank’s Corporate Responsibility & Sustainability (CR&S) Week themed ‘Ripples of Kindness, Putting You First.’

Represented by the Bank’s Group Head, Retail Banking, Lagos Island 1, Mrs. Olufunke Smith, the CEO explained that the premier and leading financial institution conceived SPARK to help the pupils and Nigerians in general to develop and practice compassion, empathy and giving. (more…)

fbadmin
July 4th, 2019

Nigeria’s premier Bank and leading financial services provider, First Bank of Nigeria Limited, recently concluded the maiden edition of its Leadership Acceleration Programme (LAP). The event, filled with the smiles and excitement of the 71 graduands was held on Friday, 28 June 2019 at the Four Points by Sheraton, Victoria Island, Lagos.

In furtherance to the Bank’s strategic objective of imbibing and promoting leadership at requisite levels across its staff hierarchy, First Academy – the Bank’s training school and staff academic development institute – developed three core Leadership Programmes aimed at internally identifying and developing high potential talents who could take up the mantle of being the next generation of the Bank’s leaders, thereby building on its 125 years heritage since founding. One of these programmes is the Leadership Acceleration Programme (LAP). (more…)

fbadmin
July 2nd, 2019

First Bank of Nigeria Limited, Nigeria’s premier and leading financial institution has announced that the third edition of its Corporate Responsibility & Sustainability (CR&S) week is billed for 1 – 6 July 2019 in the six geopolitical zones of the country and the Bank’s business locations in Ghana, Gambia, Guinea, Senegal, Sierra Leone, DR Congo and The United Kingdom. The 2019 edition is themed Ripples of Kindness, Putting You First.

The CR&S week is driven to amplify the Bank’s culture of “Employee Giving & Volunteering Programme” with a focus on reinforcing the values of the Bank’s SPARK (Start Performing Acts of Random Kindness) initiative through a wide range of strategically designed activities. SPARK is a values-based initiative designed to raise consciousness that promote kindness to one another. (more…)

fbadmin
July 1st, 2019

FirstBank Hits N1 Trillion in Transactions Processed through its Firstmonie Network; spearheads the Financial Inclusion drive by the Central Bank of Nigeria.

Nigeria’s premier financial services provider and Bank of first choice, First Bank of Nigeria Limited has announced that its Firstmonie network has processed a cumulative transaction value of N1 trillion from its relaunch in January 2018. The network also achieved nationwide coverage in record time, enabling access to financial services for many locations that never had a way for its residents to access financial services. This is in line with the Central Bank of Nigeria (CBN)’s objective of bringing banking services close to all Nigerians, irrespective of where they live.

FirstBank’s Firstmonie service provides financial/banking solutions to rural and semi-urban locations across the country, such as account opening, cash deposit, cash withdrawals, airtime purchase, bill payments and much more. Through this channel, the Bank is committed to providing convenient services that endears trust and provides ease of access to banking products, thereby saving time and travel costs for users of our network. (more…)

fbadmin
May 15th, 2019

The shareholders of FBN Holdings Plc have been assured of brighter future and enhanced dividend at the 7th Annual General Meeting (AGM) in Lagos.
Speaking at the meeting in Lagos, Dr Oba Otudeko,  FBN Holdings Group Chairman, assured the shareholders that the company had mapped out strategies aimed at ensuring enhanced value creation for the future.
Otudeko said that the board and management would work together to create shareholder value and build strong foundation for the future.
“We are not resting on our laurels, and our renewed approach to synergy and innovation will be major drivers to unlocking earnings potential for our group”.
“We believe that our efforts to integrate our offerings and provide end-to-end solutions for our customers will create a competitive advantage in our markets,” he said. (more…)

fbadmin
May 7th, 2019
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