Connect with us

BUSINESS

FirstBank showers millions on top performing ‘Firstmonie’ agents across Nigeria

Published

on

L-R: Sam Egube, Commissioner of Economic Planning and Budget, Lagos State (representing the Governor, Lagos); Chuma Ezirim, Group Executive, e-Business & Retail products,FirstBank; Gbenga Shobo, Deputy Managing Director, FirstBank; Adesola Adeduntan, Chief Executive Officer, FirstBank; Chief Joseph Sanusi, Former MD, FirstBank & Former CBN Governor; with the National Winner of the 2019 Firstmonie Agent Awards, Zayyanu Hassan Ishaq from Abuja - North Central - (3rd right) at the Firstmonie Agent Awards held in Lagos last Friday which had 37 leading agents of the Bank rewarded for their role at promoting financial inclusion in the country.

As part of efforts aimed at expressing appreciation to its over 37,000 Firstmonie Agent Network, across Nigeria, whilst promoting financial inclusion, First Bank of Nigeria Limited, recently rewarded 37 leading agents with over N15 million.

The winners, selected at different levels were presented with the cash rewards at a ceremony tagged: ‘Firstmonie Agent Banking National Award’ held on Friday, 25 October 2019 at the Oriental Hotel, Lagos.

Speaking at the occasion themed “Planting Community Heroes Nationwide”, Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan, said the Firstmonie agent network is a bespoke channel through which the bank expresses its unalloyed commitment and passion to promote opportunities and access to financial services by every Nigerian, especially within the low-income segment.

“The initiative has witnessed several changes in the operating structure and value proposition of FirstBank.

“In December 2017, the bank ran a pilot test with over 400,000 transactions processed and following the success of the first run, it re-launched in 2018”, the bank’s chief noted.

Adeduntan explained further that with the initiative, the gap between the tech savvy and the low literacy clients has been breached as Firstmonie agent network represents the convenient and comfortable alternative for customers, that are unacquainted with sophisticated digital channels.

In his remarks, the Deputy Managing Director, First Bank of Nigeria Limited, Mr. Francis Shobo, stated that the agents are the most critical part of the banking ecosystem because they take deposits, make payments and open accounts, provide transfers and sell airtime at locations with little or no access to financial services.

Shobo lauded the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele for the role the apex bank has played, stating that the CBN has made a lot of changes in regulation around agency banking, “they have allowed the programme to scale as much as it has scaled.”

At the well-attended ceremony, the sum of N250,000 each was won by 31 agents at the state level, N1 million each by 5 agents at the regional level and a grand prize of N2.5 million at the national level.

In chat with newsmen after receiving the cash prize at the event, the N2.5 million grand prize winner at the national level from Abuja (North Central), Zayyanu Hassan Ishaq, described his prize as a miracle of God.

“I want to thank First Bank for this gesture. It took me by surprise, because I never expected it from them. This is a miracle.

“First Bank is truly different. This will spur me to work harder for the bank and its customers”, joy-filled Ishaq concluded.

Since its inception in 2017, the FirstBank Agent Banking scheme, popularly called Firstmonie, has recorded giant strides at promoting financial inclusion across the nook and cranny of the country. With almost 40,000 Agents in 99% of the 774 Local Government Areas in Nigeria, processing approximately 1million transactions daily, First Bank of Nigeria Limited is leading the effort at supporting the Federal Government’s objectives to deepen access to financial services.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

BUSINESS

PHOTO NEWS: Unity Bank launches entrepreneurship initiative at NYSC Camp

Published

on

From L - R: Principal Consultants, Peeshift Resources, Abiodun Folawiyo, Div Head, Retail/SME, Unity Bank Plc, Mr. Olufunwa Akinmade, Lagos state Coordinator, NYSC, S.R. Aroni, Assistant Director, NYSC Skills Acquisition and Entrepreneurship Development, Mrs. Stella Nweke and Head, SME, Unity Bank Plc, Mr. Opeyemi Ojesina at the Launch of the Bank's Corpreneurship challenge at the NYSC.
Continue Reading

BUSINESS

Corporate amazon, Folake Ani-Mumuney honoured in Ghana with lifetime achievement award

Published

on

Folake Ani-Mumuney displaying the award plaque

Folake Ani-Mumuney, Chairperson, FBNInsurance Brokers; Group Head, Marketing & Corporate Communications, First Bank of Nigeria Limited and Vice President, World Federation of Advertisers on Friday in faraway Ghana, clinched the Lifetime Achievement awards at the Marketing World 2019 awards.

…Ani-Mumuney receiving the award in Ghana, recently

The Marketing World Awards (MWA) recognizes outstanding performances by individuals and corporate bodies across the marketing communications industry in Africa that have delivered superior product values to the market and exhibited excellence in upholding concrete marketing strategies, display uniqueness and among offerings, convey clear message to its consumers and stand out from the competition will be rewarded and celebrated.

Folake is widely admired for her wit and intelligence which she brings to bear in her well over 25 years career in the world of marketing communications across various industries, having worked in different geographies globally.

Continue Reading

BUSINESS

Fidelity Bank pledges continued support to customers

Published

on

L-R: Beneficiaries of the Fidelity Loyalty Scheme, Uchenna Benedict Anyamaele; Oniyeyone Honeybell Ogunye; Ogochukwu Ijeoma Ugwu; Victoria Adebukola Oloyede; Executive Director, Corporate Bank, Fidelity Bank Plc, Obaro Odeghe; President, Lagos Chamber of Commerce & Industry (LCCI), Babatunde Ruwase; and other recipients, Ofuremen Marvellous and Adewale Oluwasegun Adekunle, during the bank’s Special Day on Wednesday at the 2019 Lagos International Trade Fair.

Fidelity Bank Plc, one of the top six lenders in terms of total assets, loans and advances and customer deposits has said that it is committed to the long term expansion of the businesses of its customers whilst providing positive experiences at all its touch points to grow bottom line and gain competitive advantage in the marketplace.

Managing Director/CEO, Fidelity Bank Plc, Nnamdi Okonkwo made the disclosure Wednesday at the Fidelity Bank Special Day at the ongoing 2019 Lagos International Trade Fair. Okonkwo who was represented by the bank’s Executive Director, Corporate Bank, Obaro Odeghe said that the bank will leverage its proven expertise, and highly trained professionals to take customers’ businesses to the next levels of growth.

He noted that the bank’s success story is anchored on “improved service quality, innovative products and services tailored to meet the varying needs of our numerous customers which is beyond generic financial intermediation”.

“Our efforts aimed at aiding the diversification of the country’s monolithic economy and we have in this regards, continued to channel significant resources into the real sector, particularly in the area of can manufacturing, food and beverages and Independent Power Projects,” he said.

Okonkwo commended the Lagos Chamber of Commerce and Industry (LCCI), the organizers of the Fair, for a job well done while noting that the participation of numerous local and international companies from China, Japan, Ghana, India, European Union, Indonesia, Taiwan, Bangladesh, India, Cameroun, Benin Republic and Ethiopia mirrors the great potentials in the Nigerian economy.

Pointedly, the Bank chief noted that the Fair had continued to provide an avenue for various trade groups and professionals to tap into the myriads of business opportunities that exist.

The highpoint of the ceremony was the presentation of N500, 000 extra income to 5 Fidelity Personal Savings Scheme (FPSS) customers and N150, 000 school fees support to another 5 SWEETA account customers under the bank’s Loyalty Savings Reward Scheme. Some of the beneficiaries of the Fidelity Loyalty Scheme, Uchenna Benedict Anyamaele; Oniyeyone Honeybell Ogunye; Ogochukwu Ijeoma Ugwu; Victoria Adebukola Oloyede; Ofuremen Marvellous and Adewale Oluwasegun Adekunle.

Continue Reading
Advertisement

Facebook

Advertisement
Advertisement

Trending