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FirstBank marches on at 125, brings the world to a standstill

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Nigeria’s Premier financial institution and iconic banking Brand, First Bank of Nigeria Limited had the world stand still on Friday, 1 March 2019, as it held its symbolic flag hoisting ceremony across Nigeria and other countries where it does business. The celebratory flag hoisting officially flags off the bank’s commemoration of attaining the milestone year of 125.

The event was also to reinforce the Bank’s continuous march to greatness; a march that exemplifies tenacity, doggedness, viability, socio-economic impact and commitment across the length and breadth of Nigeria, Africa’s largest economy.

The flag hoisting ceremony was held in honour of the Bank’s illustrious journey that started 125 years ago, a journey that encompasses more than half a dozen nations across Africa, Europe and Asia; notably Ghana, DR Congo, Sierra Leone, Senegal, Gambia, Guinea, China, UK and France.

The distinctively designed anniversary flag comprised the Bank’s iconic logo – the elephant head in the yellow gold dynamic shape; the figure 125 written in The Dreamer Font with the number “5” chipped out of an elephant tusk; the weaving needle; the embroidered fabrics from different cultures – Yoruba Adire, Tiv Lishi, Ghana Kente, the Scottish kilt to illustrate the diversity of a brand that transcends beyond borders and across Continents.

In the course of the event, the symbolic flag was presented to the Oba of Lagos, his Royal Highness, Oba Rilwan Akiolu, in recognition of his traditional leadership of Lagos, the State where the journey began 125 years ago; the Chief of Naval Staff, represented by Rear Admiral Adebari, in recognition of the movement across the waters by the Bank’s founders from the United Kingdom; the Deputy Governor of the Central Bank, Mr Adebisi Shonubi represented by Director of Banking Operations, Dipo Fatokun as the event is not just about FirstBank but to pride the industry as one that has impacted the Nation through a century and a quarter years and lastly, the Chief Executive Officer, the Nigerian Stock Exchange, Oscar N. Onyema, signifying the Bank as the oldest listed company.

In the welcome address delivered by the Bank’s Chief Executive Officer, Dr Adesola Adeduntan, he noted that the flag symbolises the identity, impact, permanence and reverence of a long-standing institution which predates Nigeria as a unified entity and added that FirstBank is entrenched in the nation’s development; woven into the very fabric of society, with the Bank’s involvement in every stage of national growth and development.
Reinforcing the Bank’s Corporate Responsibility and Sustainability, whilst forging ahead into the future, across its business location, Adeduntan said “Supporting our host communities to promote sustainable development and of course, putting You First, in all our business activities are some of the many secrets of our long existence. We are now building for the next 125 years and beyond; purposefully blazing the trail in our industry and ensuring that we maintain our leadership position.
Expressing his goodwill message to the Bank, the Chief Executive Officer of the Nigerian Stock Exchange (NSE), Oscar N. Onyema OON buttressed the Bank’s impact on the Nigerian Stock Exchange. He said “FirstBank is one of the very first companies to be listed on the Exchange and they have become a bellwether for us when you look at the Banking industry.
In addition Onyema identified the leadership role by the Bank in the NSE stating that “They have also produced a number of Presidents of the Council of the Exchange; from Oba Otudeko to Asabia and other captains of industry that FirstBank has offered to the Nigerian Stock Exchange.
Also speaking, Mr Adebisi Shonubi, Deputy Governor of the Central Bank of Nigeria, represented by Director of banking operations, Dipo Fatokun lauded the bank for its achievement in the development of the financial sector and Nigeria as a whole.

Shonubi said that the history of the Central Bank of Nigeria cannot be written without the name of the Bank, FirstBank, lettered in gold, as the Bank has impacted the nation at large.

Other eminent personalities and dignitaries at the event include the former Managing Director of FirstBank and former Governor of the Central Bank of Nigeria, Mr Joseph Sanusi; immediate past Managing Director of the Bank, Mr. Bisi Onasanya; Former Nigerian Minister of Industry and former President of the Lagos State Chamber of Commerce and Industry, Mrs. Nike Akande and former Nigeria’s Minister of Communication Technology, Dr Omobola Johnson.

Horse guards parade by the Nigeria Police were at the venue to add to the glitz and glamour of the event as well the military band who were on ground to provide music throughout the event, thereby instilling the Bank’s resolve to foster its support to customers, Nigeria and other locations across Continents where the Bank operates.

The anniversary flag and flag of countries where the Bank does business were hoisted at the Bank’s headquarters to represent the nations, peoples and the diversity the Bank represents.

The 125 anniversary celebration will continue all through the month of March and through the year with other activities which include the Bell Ringing at the Nigerian Stock Exchange; a religious thanks-giving to be held in churches and mosques across Continents and locations of its business activities; the Anniversary Lecture; the Anniversary Gala Dinner & Command drama Performance by the famed Bola Austen Peters group among others. Staff and customers of the bank will also have the opportunity to participate in the milestone ceremony with donations and volunteering efforts as part of the bank’s Corporate Responsibility and Sustainability initiative, SPARK (Spreading Acts of Random Kindness)

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FMBN disburses N23.3bn home renovation loans

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FirstBank splashes N2.7m scholarships on 18 customers

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L-R, Susie Onwuka, Consumer Protection Commission; Martin A, Akinrimisi, Business Development Manager, First Bank of Nigeria Limited; Oma Ogban, Manager, Technology Advisory, (KPMG); Chuma Ezirim ,Group Executive, e-Business & Retail Product , First Bank of Nigeria Limited; Simisola Munira, Lagos State Lottery Board; Abiodun Famuyiwa, Head, Retail Business & Community Banking, First Bank of Nigeria Limited and Oluwaseun Adepoju-Iwuchukwu, Account Manager, Tequila Nigeria following the FirstBank XploreFirst grand finale raffle draw held in Lagos.

By Chinyere Joel- Nwokeoma (NAN)

 

First Bank of Nigeria Limited has splashed scholarships worth N2.7 million on 18 customers under its XploreFirst promo initiative to boost savings culture and promote financial inclusion among students.

The News Agency of Nigeria (NAN) reports that the winners were drawn from the six geopolitical zones and Lagos at the final/ grand raffle of XploreFirst promo on Friday in Lagos.

The winners emerged through an electronic draw handled by Tequila on behalf of the bank and supervised by KPMG, National Lottery Regulatory Commission, Lagos State Lottery Board and Consumer Protection Commission (CPC).

At the event, Mr Chuma Ezirim, FirstBank Group Executive, e-Business & Retail Products, said: “XploreFirst is a FirstBank savings account variant designed specifically for students between the age range of 18 to 29.’’

Ezirim said that a minimum amount of N1, 000 was required to open the account and account holders are to maintain a minimum balance of N200 to run the account.

He said that the XploreFirst promo was one of the special benefits of the account.

According to him, the 18 winners that emerged at the final draw will be offered yearly scholarships of N150,000 each.

Ezirim said that the initiative was targeted at youths, especially those in tertiary institutions and informal sector, to enhance savings culture and drive financial inclusion across the country.

“Customers are offered yearly scholarships of N150,000 as incentives to maintain a certain amount of deposit, in this case, N10,000 in their account over a 30-day period to qualify for the monthly draws and giveaways.

“Customers who  successfully maintain the set balance over the six months period are eligible to win the jackpot of N150,000, the grand finale prize,’’ he said.

Ezirim noted that the initiative would be sustained by the ban k  in line with the Central Bank of Nigeria (CBN) financial inclusion mandate.

Also speaking, Mr Olufemi Odumuboni, the bank’s Head, Youth/Women Banking, said  the promo dynamics was centered at making people to engage in financial discipline.

Odumuboni said that winners were selected based on certain principles that made them eligible to qualify for the draw.

He explained that apart from the N2.7 million set aside for the yearly scholarships, the bank had splashed about N900, 000 to customers who emerged winners at the various monthly draws for data purchase for their mobile phones.

“Winners from the monthly draw selected from the bank’s six geopolitical zones are entitled to N5, 000 each which they are encouraged to use for data purchase for their mobile phones,” Odumuboni stated.

Ms Susie Onwuka of CPC, commended the bank for ensuring transparency throughout the promotion process.

Onwuka said the bank had deployed modern technology in the promo process to eliminate bias, noting that, the agency was happy with the process and the bank.

“Promotions should be registered to show transparency and ensure fairness to the consumers,” she said.

Onwuka said the regulatory body would follow up with the winners to ensure they were rewarded accordingly.

NAN reports that some of the scholarship winners included Mr Offiong Micheal, Mr Ezugba Chukwuebuka, Mr Olorunfemi Oluwatunmise, Mr Adekale Adenike and Ms Agbakwuru Dorcas

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More winners emerge in Fidelity Bank Get Alert in Millions Savings Promo (GAIM Season 3)

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L- R: Regional Bank Head, Rivers/ Bayelsa 2, Fidelity Bank Plc, Evi Kanu; Grand Prize Winner of N10 million of Fidelity Get Alert in Millions Savings Promo, John Silus, Poubo; Executive Director, South Fidelity Bank Plc, Mrs. Aku Odinkemelu and wife of the star prize winner, Mrs Mary John Poubo at the grand prize presentation ceremony of Get Alert in Millions Savings Promo (GAIM Season 3) in Port Harcourt on Tuesday

L-R: Regional Bank Head, Rivers / Bayelsa 2, Fidelity Bank Plc, Evi Kanu; N2million winner, Okoye Ndubuisi; N3million winner, Kingsley Ibenegbu; Grand Prize N10million winner, John Silus Poubo; Executive Director, South, Fidelity Bank, Aku Odinkemelu; N2million winner, Dokpesi Nasiru; GAIM3 Dance Contest winner, The Exceptional Dancers, Daniel Clinton; Divisional Head, Retail Group, Richard Madiebo at the Grand Prize Presentation of Fidelity Get Alert in Millions Savings Promo (GAIM 3) in Port Harcourt on …TUESDAY

 

Mr John Pouba, a Seaman with an oil servicing company, has emerged winner of the N10 million grand prize in the Fidelity Bank’s Get Alert In Million (GAIM) Promo Season 3.

Pouba, who was announced the winner at the grand prize presentation ceremony in Port Harcourt on Tuesday, collected his cash prize at the occasion.

Alongside Pouba were four other winners of millions of Naira, namely; Mr Kingsley Ibenegbu, N3 million; Mr Nasiru Dokpesi, N2 million; Mr Oliver Okoye, N2 million and Nwodo Edeh, N1 million.

Ibenegbu, who is a technologist at the University of Nigeria, Nsukka, described his prize as a miracle of God.

He said that he was billed for an eye surgery but due to lack of fund, he could not go.

He said that he was involved in a road traffic accident in November and his left lense (black eye) fell off the eye to the ground.

“I picked it up and took it to a hospital, the doctors immediately referred me to UNTH (University of Nigeria Teaching Hospital) which said I have retina detachment but unfortunately, the hospital did not have the equipment to help my case.”

Ibenegbu said that he got to a private hospital in Enugu and was told that the surgery would cost him N1.1 million which he did not have.

He said that further enquires got him to a private hospital in Ibadan where he was charged 350,000 but because he did not have such an amount, he pleaded to pay by instalments.

He said that the doctors refused but advised him to go and scout for money fast, adding that by that time, the remaining right eye had started paining him.

“I went round my relations and friends but I couldn’t get any money, so one of my friends advised me to pray to God for a destiny help.

“I went home that night and prayed earnestly to God, asking for the forgiveness of my sins and to bless me with a miracle; the following day, I got a call that I have won N3 million,” he said.

Ibenegbu, however, commended Fidelity Bank for the gesture and described it as a destiny help, adding that he would be going for the surgery in June.

The grand prize winner, Pouba, said he would invest the money in Fidelity but before that, he would consult with his account officer for advice.

Pouba and other winners thanked the bank for the gesture and urged it to continue making its customers millionaires.

In her opening address, Mrs Aku Odinkemere, Executive Director, South, said the essence of the promo was to encourage customers and their families to imbibe the saving culture.

Odinkemere, who represented the Managing Director/Chief Executive Officer of the bank, Mr Nnamdi Okonkwo, said that the importance of saving for a rainy day could not be over-emphasised.

She said that in 2017, a man won a house in Port Harcourt through the promo, adding that N110 million and 108 consolation prizes have been given out in the promo.

Past prize winners of the season’s promo, who were present at the occasion, recounted their joys when they received the calls announcing them winners and commended the bank for bettering their lives.

Refrigerator and power generating set were given out as consolation prizes to Nkem Isichei and Ejirooghene Ekeuwei, respectively.

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