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125 YEARS ANNIVERSARY: FIRSTBANK EMBARKS ON 125KM RELAY WALK TO GREATNESS,

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On Saturday, 16 March 2019, Nigeria’s premier financial institution, First Bank of Nigeria Limited and other corporate entities in the FBNHoldings group would collectively have a125km Relay Walk to celebrate the Bank’s 125 years of unbroken business operations in commemoration of its 125 years anniversary.

Following the flag hoisting ceremony, the anniversary activities curtain raiser event that held on 1 March 2019, the 125km Relay Walk which is to be carried out at locations across Nigeria and other countries where the Bank operates is among the many activities lined-up to celebrate the Bank’s impact and contribution to the growth and development of Nigeria over the years, predating the independence of the West African country with a view to reinforce the collaborative efforts of all institutions of the group,FBNHoldings, as well as building on the heritage for the next 125 years and beyond.

According to Dr. Adesola Adeduntan, the Chief Executive Officer, First Bank of Nigeria Limited, “the 125km Relay Walk is a representation of the collaborative effort of not just FirstBank but all entities in our holding company, FBNHoldings, that have in the last 125 years impacted lives and contributed to the growth and development of our host communities and countries where we do businesses. At FirstBank, we are proud of the strides made across these locations where we operate as without the effort of all staff – past and present – as well as our customers and stakeholders,there would be no FirstBank. The 125km is a mark of ourincredible journey of delivering impeccable financial services to our customers as we leave no stone unturned to remain an icon of admiration in today’s financial services industry in Africa.”

Speaking on the significance of the ‘Relay Walk”, Adeduntan explains that The Relay Walk is a collaborative effort to achieve a symbolic 125km. He added “It is also a representation of the FirstBank brand in the last 125 years; our people, the team work, partnership and the collective spirit which has shown that as a team, together we can do and achieve more. It is neither a marathon, nor sprint, but a surefooted, steady walk we have taken in the last 125 years.”

On how the “Relay Walk” would be carried-out and what it means to the brand, Folake Ani-Mumuney, the Group Head, Marketing and Corporate Communications, FirstBankexplains “As a Group, we have journeyed through the ages, our footprints spreading far and wide with indelible landmarks of several firsts. The Relay Walk, yet another First, combines a relay with a walk. A relay, symbolic with races connotes the agility of sprint, which can only be achieved through a team’scollective effort while the passing of the baton during a relay connotes effective succession, thus all attributes evident in FirstBank’s attainment of 125 years of sustained profitable growth. Ani-Mumuney explained the Relay Walk would see staff, customers and stakeholders walk at least 1.25km in teams and from different locations to make up the minimum 125km. At the end of the walk in each location, teams will symbolically pass the baton, committing to a cause that will take the Group to the next 125 years. The baton exchange symbolises the strong culture of succession planning of the Group in the last 125 years, a trait that highlights the dynamic and transformational nature of the brand as well as the essence of future proofing through a deliberate planning of transitions from one generational to another. The baton exchange is a commitment by the current leadership to uphold this spirit of foresight and deliberate planning of taking the brand to greater heights through the next 125 years.

The 125km Relay Walk, to be led by Dr. Adeduntan will terminate at the Bank’s corporate Head Office in Marina where staff, customers and other stakeholders will converge to witness the symbolic baton hand over and a commitment to the next 125 years.

About FirstBank

First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading banking services solutions provider in Nigeria for 125 years. With some 15 million customer accounts, FirstBank provides a comprehensive range of retail and corporate financial services with over 750 business locations. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a Representative Office in Beijing. 

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.  

FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 – 2016) by the globally renowned “The Banker Magazine” of the Financial Times Group; “Best Retail Bank in Nigeria” for seven consecutive years (2011 – 2017) by the Asian Banker International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years. Our brand purpose is to always put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership and people, to position You First in every respect.

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Facebook employee reportedly commits suicide by jumping from office building

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A Facebook employee has reportedly committed suicide by jumping from the fourth floor of Facebook’s headquarters in California.

According to TIME, the unnamed Facebook employee reportedly jumped from the fourth floor of one of the company’s headquarters in Menlo Park, California. He was found unresponsive and declared deceased at the scene shortly after 11:30 a.m. Thursday, September 19, according to the Menlo Park police department.

A spokesperson for Facebook confirmed the devastating incident, as the company plans to contact the victim’s family before releasing the identity to the public.

“We were saddened to learn that one of our employees passed away at our Menlo Park headquarters earlier today,” the company said. “We’re cooperating with police in their investigation and providing support to employees. While the family is being notified, we have no information to share.”

Facebook employee reportedly commits suicide by jumping from office building

The City of Menlo Park confirmed that there was “no foul play involved in this apparent suicide.” 

The employee is currently only identified as a full-time software engineer at Facebook

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Glo Recognizes Brilliant Students At UNIBEN

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Five best-performing students of the University of Benin (UNIBEN) have been appreciated and presented with smart phones by Nigeria’s digital transformation leader, Globacom, in conjunction with its technology partner, Huawei.

The gesture was part of the corporate social responsibility initiative of the two companies, wherein outstanding students of Nigerian universities are rewarded with ICT solutions. The companies said the initiative is part of their commitment to promoting scholarship among the youth.

Apart from the five UNIBEN undergraduates who received the smartphones, the institution also got internet routers complete with data bundles.

In a brief ceremony, UNIBEN Deputy Vice Chancellor, Administration, Prof. Ikponwonso Omoruyi, noted that the gadgets, namely five routers for the school and smartphones fully loaded with Glo data for five final year students of the University with best CGPA points, would encourage the students and the staff of the institution to continue to pursue academic excellence.

 “What you have done will encourage the pursuit of academic excellence and ease the data needs of the university community. The gesture will also strengthen the bond of friendship between Globacom and the University of Benin,” he said.

The student beneficiaries were also full of appreciation to Globacom for the gesture. One of them, Promise Ekpo Osaine of the Department of Computer Engineering, said, “I feel amazed, dumbfounded, in fact I don’t know the adjective to describe how I am feeling right now. All through my five years in school, I have never experienced an event such as this where students are rewarded for academic excellence. This has really encouraged me in pushing myself further in my academic pursuit and ensuring that I graduate in flying colours. I will encourage those who are not Glo subscribers to join the network”.

Another student beneficiary, Kelvin Okoawo, of the Department of Business Administration, spoke in the same vein, stating, “I only see things of this nature on television and I am glad I am a beneficiary today. I am so happy. Big shout out to Globacom for encouraging me to work harder in my studies”.

The other beneficiaries of the largesse are Igbo Emmanuel Chibizor of the Computer Science Department, Chioma Faith Onuchukwu of the Faculty of Law and Emmanuella Uche Chuwueta of Animal Science department.

In his own remarks, Globacom’s Regional Manager, Activation, Mr. Obiora Ezeora, expressed appreciation to the University of Benin officials for the warm reception accorded to Globacom and its partner. He called on the university community to continue to support Globacom, pledging that the company would continue to strive for excellence

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FirstBank Supports Educational Institutions With FirstEdu

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Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited, has announced its educational solution – FirstEdu – specifically designed to enhance the educational facilities in schools. The FirstEdu product includes FirstEdu loan and FirstEdu portal.

FirstEdu loan is targeted at private Nursery & Primary and Secondary schools to assist the schools in achieving their desired growth in the medium and long-term. The product provides funding to replace old furniture and equipment, pay staff salaries, purchase brand new or fairly-used buses as well as refurbish dilapidated buildings and classroom blocks. With this product, school owners/proprietors can stay ahead of competition at all times.

The product enables the schools to access facility with no tangible collateral, apart from domiciliation of school fees account with the Bank.

In addition, FirstEdu portal is a modular and robust web-based enterprise portal that enables Tertiary educational institutions manage academic, administrative, professional, logistics and payment challenges. The basis for its robustness is to take the stress of logistics, administrative and payment challenges off the institutions, as they focus on meeting their year-long, medium and long-term objectives.

The product features and benefits include; e-Learning, virtual library and facilitation of exchange programmes with foreign educational institutions; academic & student events/time-table/calendar management; school fees payment via the internet; online information and result checking; interactive community forum between students and teachers. It also affords applicants the opportunity of enrolling from the comfort of their homes or any location around the world; no licensing, installation and maintenance cost and plugs avenues for revenue leakages amongst others.

According to Chuma Ezirim, Group Executive, e-Business & Retail Products, First Bank of Nigeria Limited, “with FirstEdu, private schools across the various tiers of education in Nigeria; elementary, secondary and tertiary, have the right tool to boost their business to the level they desire. With over N5 billion loans already disbursed to schools this year alone, we are committed to supporting growth in this key sector of our economy.”’

For further information on FirstEdu, visit the FirstBank branch nearest to you or contact us on our social media channels.

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