FIRSTBANK PARTNERS VERVE INTERNATIONAL, MAKES CUSTOMERS MILLIONAIRES IN THE FIRSTBANK VERVE CARD PROMO
In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out their electronic banking transactions.
The ongoing 2-month promo will end on 30 October 2022 as 20 customers (10 customers per month) with the highest transaction count during the promo will be made millionaires, winning the sum of N1 million each. Also, N20,000 will be won by 25 customers monthly.
On the other hand, 2620 FirstBank verve cardholders that double their transactions every week, stand a chance to enjoy 10% cashback capped at N2,000 per customer.
Speaking on the promo Chuma Ezirim, Group Executive, e-Business & Retail Products, FirstBank said “we appreciate our partnership with Verve Card through the years; a partnership of empowerment and opportunities which include growing the economy, supporting new businesses and preventing unemployment. FirstBank verve card holders are encouraged to keep using their cards as it is a card offering that promotes safe, convenient and rewarding digital banking experience with 20 customers standing a chance to be millionaires at the end of the promo.”
Verve card is a secure debit card that allows cardholders to conveniently meet their daily financial needs such as payment for goods and services, airtime recharge, bill payments, funds transfer, etc. Verve card is accepted across all ATMs, POS, Web and Mobile Platforms in Nigeria.
The promo is also opened to new verve cardholders as non-verve cardholders are encouraged to visit the nearest FirstBank branch today to pick up a Verve card and start getting rewarded!
Only recently, FirstBank – in partnership with Verve – rewarded over 2601 FirstBank verve cardholders with various prizes; including N20,000 cash prize, N10,000 cash prize, N10,000 worth of airtime; power generating sets, refrigerator, cooking gas, smart TV and the grand prize of a brand-new car to a lucky winner.
Dr. Obasa, in a statement by Eromosele Ebhomele, his Chief Press Secretary, described the former First Lady of Lagos as one whose love for Nigeria and roles in national unity and development are worthy of emulation by every well-meaning citizen.
The Speaker added that Senator Tinubu has continued to etch her name in the history of Nigeria as a politician of repute, a champion of the downtrodden and an advocate for the youth, the aged and good governance.
He noted Senator Tinubu’s passion for a greater Nigeria both as a crusader for a more vibrant democracy and as a serving member of the National Assembly.
“As the loving wife of our dear leader and presidential candidate, Asiwaju Bola Ahmed Tinubu, you have been a major pillar of support and progress.
“That Nigeria practises democracy today is partly as a result of the roles you played while the military held on the the government of the country. History is replete with how you worked tirelessly against the annulment of the June 12, 1993 presidential election result won by Chief MKO Abiola and how you took care of many exiled members of the National Democratic Coalition and citizens of Nigeria who were at the time under the radar.
“As First Lady of Lagos State, your love for the education of the underprivileged in the society and the need to raise standards gave birth to your pet project, The Spelling Bee Competion, which, delightedly, has produced great minds and future leaders.
“Lagos is blessed with you and we are happy that you have remained a major support for the growth and development of our State. You have also remained a mentor to many Nigerians whose lives you have touched with your New Era Foundation and various scholarship programmes.
“On behalf of my family and members of the legislative arm of Lagos government, I congratulate you on your birthday and pray that God continue to bless you with good health, strength and divine capacity ahead of the bigger task before us all, amen,” Obasa prayed.
Queen Elizabeth: Lagos Assembly Wants More For Nigerian Traditional Rulers
The Lagos State House of Assembly has called on the government to improve the honour given first-class and prominent traditional rulers before and after their death.
This motion followed a Matter of Urgent Public Importance raised by the lawmaker representing Mushin Constituency 2, Hon. Olawale Abdulsobur Olayiwola, during on plenary on Monday.
Referring to the celebration that accompanied the burial ceremony of Queen Elizabeth II of England, Hon. Olayiwola observed that traditional rulers in Nigeria are never given adequate honour and recognition before and after their death.
In his comment, the Speaker of the House, Rt. Hon. Mudashiru Ajayi Obasa emphasised that while it might not be easy to honour all the traditional rulers in the state, first-class royal fathers should be celebrated.
The Speaker said that he shared the idea of celebrating those who make up the traditional institution adding: “We should learn how to elevate our own. If foreigners are coming to celebrate us through their documentaries, we should think deeply about celebrating ourselves too.
“The Ministry of Local Government and Community Affairs should fashion out how best our Obas should be celebrated.
“Occupiers of recognised thrones that have been in existence for many years should be celebrated,” he said.
Earlier in his argument, Olayiwola had said: “Queen Elizabeth II left after over 70 years on the throne and the burial was attended by a delegation from Nigeria led by Vice President Yemi Osinbajo.
“But here in Nigeria, we don’t celebrate our traditional rulers in death. An example was when the former Alaafin of Oyo, Oba Lamidi Adeyemi, joined his ancestors recently. He was not celebrated as he should,” he lamented.
Olayiwola, Chairman of the House Committee on Local Government and Community Affairs, called on the Lagos State Ministry of Local Government and Community Affairs to celebrate the traditional rulers in the state while they are alive and during their demise.
This was accepted by all the lawmakers at plenary.
Eromosele Ebhomele
Chief Press Secretary to the Speaker of the Lagos State House of Assembly.
Exclusive! Osinbajo Fingered in Barrister Kayode Ajulo’s Acquisition of Airplanes, Real Estate Worth £3 Billion
The owner at Castle of Law, Kayode Ajulo, according to information reaching us from grapevine sources, is presently on hot seat to explain the source of his new found wealth.
Sources revealed Ajulo, who just returned from a trip abroad where he stayed about 7 weeks, the longest he’s said to have stayed outside Nigeria’s shore in a long time, while away made some lavish acquisitions that include 3 airplanes, hectares of farm land and real estates in the Scandinavian.
It was learnt Lord Abraham Ajulo, as Kayode is also called, splashed funds in the region of about 3 billion pounds during the trip, which suggest he’s the richest lawyer in black Africa.
However, beyond the expected excitement this development has brought for the man in question, sources hinted the lawyer is under fire as there are questions in some quarters about where he could have stumbled on such stupendous wealth. Those who are concerned about Ajulo’s sudden wealth are wondering where and how he made such money despite his fierce advocacy, activism and anti-corruption crusades.
More interesting of the issue are speculations about where he may have gotten the money from, and major among those speculations is the one that links Ajulo’s new found wealth with the Vice President, Professor Yemi Osinbajo.
Ajulo, it will be recall played a very significant and daring role where he persistent and aggressively doled out legal permutation and speculations in rooting for the aspiration of the Vice President in the wake of APC presidential primary, in which the Law Professor eventually lost out.
However, no concrete mode of how the speculated alliance between Ajulo and Osinbajo resulted into fortune for the former, but sources insisted Osinbajo’s influence can not be excused from the entire calculation.
Prince Fuhad Oloto Gives Out Education Accessories To Indigent Students
Born in royalty and one of the most successful businessmen of Nigeria’s younger generation, Prince Fuhad Oloto, the Chairman/Chief Executive Officer of Futol Group of Companies comprising Futol Homes, Futol Environmental Services, Futol Hotels, Futol Guards Ltd. and Futol Logistics is set to empower indigent students with educational accessories. While briefing High Celebrity Squard Magazine on this noble step, the imperial prince affirmed that he has been doing this for many years and he is never inspired by anything to venture into it.
Prince Oloto added that he is of the opinion that the Almighty God that blesses humanity expects reciprocal approach in return. This implies that privileged ones should imbibe the culture of giving back to the underprivileged.
The real estate giant will give out large numbers of note books and GCE Forms to indigent primary and secondary school students and this will go a long way in relieving the heavy burden of parents, many of whom are currently at crossroads over payments of school fees and purchase of these academic essentials. However, lucky beneficiaries of these materials will appreciate the kind gestures of Prince Fuhad Oloto. Additionally, this humanitarian move by the successful business tycoon is a pointer for other privileged Nigerians to take a cure from him and take critical look into the plight of the poor masses, help in alleviating poverty from the country and exterminating illiteracy from the larger society. Remarkable kudos to this indefatigable, indomitable, committed philanthropist and a man of the people, Prince Fuhad Oloto.
PRUDENTIAL ZENITH LIFE INSURANCE RECORDS 75% GROWTH IN PROFIT AFTER TAX IN FULL YEAR 2021 RESULTS
Prudential Zenith Life Insurance Limited (“PZL”) has announced its audited financial results for the year ended 31st December 2021, recording a 75% growth in profit after tax (PAT) of ₦1.13b compared to the ₦646m recorded in the corresponding period in 2020.
The results, which was approved by the Board of Directors of Prudential Zenith and the insurance industry regulator, the National Insurance Commission (NAICOM), shows that Gross Written Premium (GWP) and Annualized Premium Equivalent (APE) grew year on year by 16.3% and 9.3% respectively. This was primarily driven by 27% growth in new business acquisition for Group Life written during the period.
Investment income grew by 30% year-on-year due to a significant increase in the interest-generating assets of the company, and commission income also increased by 43% during the period.
The financial performance is a testament to the continued focus on investments, as the company remains committed to building a strong market-leading position in Nigeria by enhancing its capabilities, strengthening its digitally enabled multi-channel distribution network, and broadening the range of products and services that are available to customers in order to meet their needs.
Despite the challenges experienced during the Covid-19 pandemic in 2020, Prudential Zenith was able to achieve this strong growth in 2021 and is poised to continue improving its performance in the upcoming financial years. Prudential Zenith will continue to develop and launch unique products to meet customers’ needs, leveraging technology and its core corporate governance structure to deliver faster claims settlement. The company will also continue to prioritize the health, safety, and welfare of customers, who subscribe to its unique insurance product offerings.
Prudential Zenith Life Insurance Ltd (PZL) is a subsidiary of Prudential Plc., established in 2017 when Prudential Plc acquired a 51% holding in Zenith Life Insurance. PZL is one of the most capitalized companies in the Nigerian insurance industry with a wide range of individual products including savings & investments-linked products, endowment, and protection products designed to meet the needs of individuals and their families. For corporate clients, the company’s product offerings include Group Life, Key-Man Assurance, Credit Life, School Fees Protection, and Mortgage Protection, ensuring that the welfare of clients’ staff and families are met.
Prudential Plc provides life and health insurance, and asset management in Africa and Asia, helping people get the most out of life by making healthcare affordable and accessible and by promoting financial inclusion. Prudential protects people’s wealth, helps them grow their assets, and empowers them to save for their goals. It has more than 19 million life customers and is listed on stock exchanges in London (PRU), Hong Kong (2378), Singapore (K6S), and New York (PUK).
Prudential Plc has insurance operations in eight countries in Africa: Nigeria, Cameroon, Cote d’Ivoire, Ghana, Kenya, Togo Uganda, and Zambia. With over 1 million customers, Prudential Africa works with over 11,000 agents and six exclusive bank partnerships, with access to over 600 branches to bring value-added insurance solutions to its customers.
Heritage Bank joins forces with Gail Sickle Initiative to rescue sickle cell patients
Heritage Bank Plc has upped the ante of its support in the corporate social responsibility space by joining forces with Gail Sickle Initiative to rescue people living with sickle cell anaemia.
The partnership with Gail Sickle Initiative, a non-profit organisation, according to the Executive Director, Heritage Bank, Osepiribo Ben-Willie with its back-to-school project support, is to ameliorate the burden of sickle cell persons in Nigeria and to ensure that all affected persons live normal pain-free lives.
She stated it has become of concern to Heritage Bank to help alleviate the burden as over 40million Nigerians are healthy carriers of the sickle cell gene, whilst 150, 000 children are born with the disorder. This, according to her, is by far the largest burden of sickle cell disorder around the world especially Nigeria and most of these children die in childhood from lack of access to early diagnosis and proper care.
“In Heritage Bank, health is a priority, that is why we want to continue partnering and supporting the NGO, Gail Sickle Initiative on welfare support, early detection and improved treatment and proper care,” she said.
Ben-Willie further affirmed that said that Heritage Bank in partnership with Gail Sickle Initiative is synergizing to create significant awareness and support for individuals affected by the disease.
Speaking at an event, the convener of Gail Sickle Initiative, Oluwafemi Ajayi, disclosed that with the support from Heritage Bank, the NGO has gone beyond its support to her members whom she refers to as winning warriors, to supporting and donating to people living with the sickle cell disease across the country.
According to her, as an organisation that supplies supplements to winning warriors, the Gail Sickle Initiative partnered with Heritage Bank and with the funds provided went beyond the organisations’ members and reached out to other winning warriors who have no parental support and to those in various hospital to give them supplements and offset the bill of some who were unable to pay their bills.
Ajayi further stated that Sickle Cell disorder poses various challenges to the carriers like the health challenge, stigmatisation, economic challenge amongst others.
According to her, the Gail Sickle Initiative focused on how to cover every aspect of these challenges by birthing the Sicklepreneur, this aids the warriors to be trained so they can acquire relevant skills and equip themselves to be independent. Therefore, apart from trying to eradicate the sickle cell disease, they ensure that the stigmatisation label on the warriors does not result in depression for them.
She encouraged other corporate organisations to learn from Heritage Bank’s sterling example to the winning warriors by supporting the initiative and further contributed towards the back-to-school project with relevant items donated.
– Praises Hamzat for his dedication to service of Lagos
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, says the State remains proud to have Dr. Obafemi Hamzat as its Deputy Governor.
Dr. Obasa said this on Sunday in a statement by his Chief Press Secretary, Eromosele Ebhomele, celebrating Dr. Hamzat, who clocks 58 on Monday, September 19.
According to the Speaker, the Deputy Governor has shown, consistently, his commitment, dedication and passion to the goal of making Lagos an enviable State in Nigeria and one admired by the world.
He added that Hamzat at 58, remains a perfect example of a technocrat who is not only effective in the discharge of his duties, but uses all within his powers to ensure the good of the majority.
The Speaker further noted the seamless running of the Lagos government made up of the Executive, legislative and judicial arms, attributing this to the knowledge, wisdom and zeal of leaders including Hamzat to make the State constantly habitable for the residents.
“I congratulate Dr. Obafemi Hamzat, my brother and friend in the service of Lagos and the nation as he marks his 58th birthday.
“To say Lagos is not tired of him is just saying the obvious. He has helped, over time, to lift the civil service of our dear State to an enviable height.
“We are happy to have him serve Lagos as Deputy Governor at this time, especially with his knowledge of how our dear State works.
“Again, it is noteworthy that our Deputy Governor has consistently shown beyond every reasonable doubt what a dependable ally in the scheme of progress he is.
“He has always been a loyal team player with fantastic knowledge and managerial skills. His records of service and achievements cannot be under-emphasised and have been sources of encouragement for many.
“We remain proud of him as we wish him more divine knowledge, wisdom and vitality to carry on in the service of Allah and the people.
“Happy birthday tfrom me and my colleagues at the Lagos State House of Assembly,” the statement read.
Eromosele Ebhomele
Chief Press Secretary to the Speaker of the Lagos State House of Assembly.
FIRSTBANK: THE EMBODIMENT OF CORPORATE RESPONSIBILITY AND SUSTAINABILITY
Who should corporate responsibility and sustainability lessons be taken from? Some companies are still unclear about the concept but latching onto the sustainability mantra anyway, because it has become a marketing buzzword for business? Or a company through whose creed and deeds, over the many decades it has been around, people can see corporate responsibility and sustainability lived (first) and preached (subsequently)?
If the above set of questions constituted a question in an examination hall, it would be one of the easiest of questions to answer. Not one person would fail it. Outside the examination hall, the answer to this question that seems as easy and simple like the question of 2 + 2 may not be as easy and simple. It may be complicated by all the cleverly arranged noise and claims projected at people to make it difficult for them to see and accept the obvious.
So, it is incumbent on people who know, and care enough (like this writer), to keep stating and restating the obvious. This is in the hope that doing so would help others to take full cognisance of the obvious and not allow themselves to be bamboozled by image without substance and rhetoric without pedigree.
The concept of corporate responsibility and sustainability is not about the clever or manipulative use of marketing buzzwords by corporate citizens. It is about impact, net positive impact, in the lives of real, not imagined, people through the deliberate and well-planned activities of socially-responsible corporate citizens.
Even if history is no longer taught in most schools in Nigeria, the records are there. The records show that Nigeria has been blessed to have standing by her, at all times, a corporate citizen which understands the concept of corporate responsibility and sustainability.
This corporate citizen has been standing by Nigeria before the country’s founding, through its amalgamation, Independence and all the conflicts and crises Nigeria has gone through and still faces. Today, the corporate citizen still stands by Nigeria.
FirstBank of Nigeria Limited, a lender of unmatched pedigree, a bank with a history of unparalleled support to Nigeria and Nigerians (right from the colonial era to date, even serving as Nigeria’s central bank at some stage of our national development), has been a corporate citizen like no other.
A brand that has backed innumerable groundbreaking projects across Nigeria and beyond, FirstBank has demonstrated that real impact that can be seen and felt by all, and not mere marketing buzzwords, is the real measure of an institution’s understanding of corporate responsibility and sustainability.
It is incontrovertible that whichever way corporate responsibility and sustainability is understood or defined, FirstBank is sure to tick all the boxes. Just name every parameter for assessing a company’s efforts in corporate responsibility and sustainability and match each against what FirstBank has been doing. Is there any parameter that FirstBank has not surpassed?
FirstBank has been living corporate responsibility and sustainability for most, if not all, of its existence as a going concern. Knowing it cannot do it alone, the bank has also devoted resources to efforts that will enable it to preach or pass the message so other corporate citizens, groups and individuals will emulate it.
One platform the bank has used effectively for this purpose is its Corporate Responsibility and Sustainability (CR&S) Week. The CR&S Week is a full working week that the FirstBank Group, in-country and across the world where it operates, dedicates to the promotion, execution and celebration of social responsibility initiatives.
The Sustainability Week also includes a huge kindness campaign to reorient citizens towards the right values and reignite acts of kindness in society. It is only one of the many ways FirstBank is living true to its brand promise to always put customers first.
And the Sustainability Week seeks to invite others (individuals and corporate citizens) to follow the bank’s example and begin to intentionally create positive impact in their immediate communities.
From the inaugural edition in 2017, where the theme was “Promoting Kindness: Putting You First”, the Sustainability Week has helped to reinforce FirstBank’s role as a nation-builder that is driving sustainable development across communities where it operates. It was an opportunity for the bank to encourage others (individuals and corporate citizens) to follow in its steps, even if all they can afford to take are small steps.
Taking small steps may have informed the choice of theme for the second edition of the Sustainability Week in 2018: “Touching Lives: You First”. The bank sought to debunk the notion that touching lives in meaningful ways and making an impact on society require big-ticket projects, whilst emphasising the power in the little things people do and the small steps they take.
After all, is it not little drops of water that make a mighty ocean, like the saying goes? And does the journey of a thousand miles not begin with a (small) step, like another saying puts it?
Just take a look at SPARK (Start Performing Acts of Random Kindness), a values-based initiative that raises consciousness promoting kindness to one another in society, which the bank started during the inaugural Sustainability Week in 2017.
Aimed at reinforcing FirstBank’s corporate culture of encouraging giving and volunteering among its staff and the larger society, its magnitude today and the many kind initiatives it has sparked off across the country could not have been imagined when the seed was planted five years ago. Incalculable manhours and financial resources from FirstBank staff and partners have been contributed willingly.
Children in orphanages, internally displaced persons (IDPs) in various IDP camps, widows and other underprivileged or vulnerable groups have been visited and their challenges alleviated if not totally eliminated. Scores of career counselling sessions with secondary school pupils across Nigeria has also been organised as part of the Sustainability Week, which has been the first of its kind in Nigeria’s financial services industry.
In 2019, the third edition of the Sustainability Week with the theme: “Ripples of Kindness: Putting You First” enunciated the values (or pillars) of the SPARK initiative to include Compassion, Civility and Charity. FirstBank believes that these values and the acts of kindness that flow as a result of embracing the values are critical to promoting and building peaceful co-existence and prosperity in society.
Among the key highlights of the 2019 Sustainability Week was a “Nice Comments Day” that was a day set aside to foster words of encouragement, support and kindness to people around one, regardless of ones’ familiarity or close ties, in recognition of the instrumental role kind words play in lighting up people’s day and bringing out the best in them.
Another highlight was the SPARK School Engagement that promoted the SPARK initiative in schools, with the objective of embedding the values of SPARK amongst school children at a young age so the values become part of, and habitual to, them as they develop into adulthood.
Due to COVID-19 pandemic and government-imposed lockdown, the year 2020 witnessed no edition of the Sustainability Week. Any attempt to stage the kinds of activities and events that usually accompany the Sustainability Week would have been counterproductive, spreading infections and possibly deaths instead of kindness and joy that the Sustainability Week has become synonymous with.
However, FirstBank’s avowed commitment to corporate responsibility and sustainability would not allow it fold its hands and just watch while COVID-19 and its debilitating effects tried to make living and learning difficult for most Nigerians.
Working virtually or remotely and, where it could not do otherwise, physically but in strict adherence to COVID-19 safety protocols, FirstBank executed several initiatives meant to ameliorate the very difficult situation in Nigeria then.
The bank contributed to efforts to provide palliatives to vulnerable Nigerians, announced a moratorium on repayment of loans, set up a special loan fund for businesses run by women, established another for school proprietors in collaboration with a state government and drove an e-learning initiative that sought to move one million school children to a safe online learning platform so their educational progress would not be set back due to COVID-19 restrictions, government-ordered lockdown and the closure of educational institutions for the greater part of 2020
“Kindness: A Way of Life” was the theme for the fourth edition of the Sustainability Week held in 2021. Highlights of activities of the 2021 Sustainability Week, designed to entrench a culture of kindness, included a practical-oriented training webinar for staff to embed a culture of kindness in the bank by driving understanding of how kindness (or the lack of it) can impact the workplace, the marketplace and the communities in which staff live and work.
Another important feature of the Sustainability Week was the “Kind Comments Days” that ran all week to inspire a consciousness of kind choice of words and consideration for others. There was also a dedicated programme in secondary schools designed to institutionalise SPARK by using school SPARK champions (including students and teachers) alongside other partners such as Junior Achievement Nigeria (JAN) and Lagos State government to inculcate the SPARK values in school children.
One other feature was the ground-breaking ceremony for the Lagos State government’s OCAAT (One Community At A Time) initiative to provide the Primary Health Care Centre at Ijedodo community in Alimosho LGA. Set up as an initiative to improve the health and welfare of the members of various communities in Lagos State, FirstBank partnered the government on the project as part of its contribution to global efforts to meet some specific Sustainable Development Goals (SDGs).
There were also webinars: a general webinar with the sub-theme: “Education: Does Kindness have a Role?”; and a millennial webinar with the sub-theme: “Making the Cyber World a Kinder Place” which sought to proffer solution to the question of how people could become kinder on social media platforms.
All the past editions of FirstBank Sustainability Week highlight the longstanding and relentless commitment of FirstBank not only to continue to live but also to preach the message of corporate responsibility and sustainability.
Given its unmatched pedigree in corporate responsibility and sustainability, FirstBank has earned the right to address all other corporate organisations as well as individuals and groups on matters of sustainability. The bank has earned its right to the people’s audience.
It is against this backdrop that FirstBank’s forthcoming 2022 Corporate Responsibility and Sustainability Week should be welcomed by other banks and corporate citizens, irrespective of industry, as an opportunity to come together and take lessons from Nigeria’s foremost corporate citizen with regard to corporate responsibility and sustainability.
FirstBank does not consider itself too big to take lessons from other corporate citizens in areas where they have distinguished themselves. So other corporate citizens should not feel too big to take lessons from FirstBank in this area where the bank stands highly distinguished.
Or can anyone claim not to know that if the concept of corporate responsibility and sustainability were to be represented by one corporate citizen per country on a world map where countries are denoted by their foremost corporate entities, it is unarguable that FirstBank would be the company eminently representing Nigeria on that map?
FIRSTBANK HOSTS THE FINANCIAL MARKET DEALERS ASSOCIATION (FMDA) QUARTERLY MEETING
FirstBank of Nigeria Limited has announced that it will host the Financial Markets Dealers Association’s (FMDA) quarterly meeting scheduled for 5pm on Friday, 16 September 2022, at Federal Palace Hotels, Victoria Island, Lagos. The event themed “Nigeria Macroeconomic Developments and Outlook: IMF View” will have itskeynote address delivered by Ari Aisen, IMF Resident Representative for Nigeria.
In a statement issued by the Acting Executive Secretary, Mrs. Mary Gbegbaje, “The FMDA quarterly meeting serves as a platform for in-depth knowledge sharing, dissemination of information and fostering of business relationships of members in treasury market practice which consists of Treasurers, Analysts and other market players from insurance, pension funds, government and regulatory bodies in Nigeria. Participants at the event include delegates from all banks and invited guest and customers.”
According to Ini Ebong, Executive Director, Treasury, Financial Institutions & International Banking, First Bank of Nigeria Limited “at FirstBank, we are delighted to host the 2022 quarterly meeting of the Financial Markets Dealers Association of Nigeria (FMDA), a platform we consider pivotal to the continued growth of the financial market in the country. We are excited with the successes so far achieved by our noble Association – FMDA – as with the right regulatory and risk management framework, we have beenable to impact and promote fairness in the activities of members, whilst providing the enabling environment to promote business performance and positively impact the national economy”.
With the knowledge and insights shared in the course of the quarterly meeting, we would further deepen our resolve towards the unrelenting role we play in the economy”, he concluded.
FMDA is the principal interface with the monetary authorities through policy advocacy and engagement aimed at promoting sound markets and ethical conducts comparable to international standards that facilitate liquidity, transparency and price discovery and engendering market deepening.
