Business Archives

The SPARK of kindness that is impacting communities through FirstBank staff initiatives

Mar 21, 2022 topnews

Have you seen the videos on this link: https://www.firstbanknigeria.com/home/impact/crs-week/? Piece of advice: Please hold your handkerchief or make sure there is a good supply of tissue paper while you view. The initiative that inspired the efforts and results seen in the videos is not a strange one but it has a way of surprisingly leaving people teary-eyed. Viewers tear up as they get to see the positive difference it has made in the lives of ordinary people in communities across Nigeria. Many people across the country are familiar with SPARK…

Union Bank celebrates Employee Volunteer Day, assist communities

Mar 17, 2022Mar 17, 2022 topnews

For the third consecutive year, Union Bank and its employees celebrated their Employee Volunteer Day (EV Day) with a series of targeted charitable donations and projects, aimed at improving the lives of Nigerians. In line with the Bank’s efforts to drive sustainable impact and accelerate community development, EV Day is an employee-funded initiative that allows Union Bank and its employees the opportunity to give back to the community through various projects and activities that drive positive social change. The latest instalment of the initiative tagged “It Starts With U” involved…

AFRICA’S BIGGEST FOOD AND DRINK FESTIVAL IS BACK! … 2022 GTCO FOOD AND DRINK FESTIVAL

Mar 15, 2022Mar 24, 2022 topnews

Guaranty Trust Holding Company Plc (GTCO Plc), is set to continue its long-running showpiece event– The Food and Drink Festival. For the 5th Edition, this headlining event will hold from Sunday, May 1 to Tuesday, May 03, 2022, at the GTCentre, Plot 1 Water Corporation Drive, Oniru, Lagos. The GTCO Food and drink festival brings together the biggest chefs and food lovers from ALL OVER the world in a celebration of all things delicious with family and friends. Over the years, the Food and Drink festival has hosted millions of…

FIRSTBANK REWARDS CUSTOMERS WITH 50 MILLION NAIRA WORTH OF PRIZES IN VERVE CARD CAMPAIGN

Mar 14, 2022 topnews

FirstBank, Nigeria’s leading financial inclusion services provider has urged its customers to take advantage of the Bank’s ongoing Verve Card campaign designed to reward customers for their continued usage of the Verve debit Card. The Eight-week promo will end on Wednesday, 30 March 2022 as 2,601 customers will win various prizes. These prizes include: N20,000 Cash Prize, N10,000 Cash Prize, N10,000 worth of airtime; power generating sets, refrigerator, cooking gas and the grand prize of a brand-new car. The promo will reward customers on a weekly and monthly basis. In…

FG freezes business accounts of illegal online banks

Mar 12, 2022 topnews

Some illegal financial institutions operating on Opebi Road, Ikeja, Lagos, was on Friday raided by the Federal Competition Consumer Protection Commission, in collaboration with the Independent Corrupt Practices and other Related Offences Commission, National Information Technology Development Agency, and the Nigerian Police Force. Among the financial institutions affected were, GoCash, Okash, EasyCredit, Kashkash, Speedy Choice, Easy Moni. The raid, the FCCPC said, was in response to customers’ complaints of malpractices by the financial institutions. Speaking during the raid, the Chief Executive Officer, FCCPC, Babatunde Irukera, explained that customers had accused…

FirstBank Partners with CDC/BII to Support Women and Small Business Owners with a US$100 million Credit Facility

Mar 8, 2022 topnews

-Facility to strengthen FirstBank’s commitment to gender financing with US$30 million targeted to women-owned and led businesses -Partnership will enhance funding to local SMEs to boost growth and promote financial and social inclusion across Nigeria -The facility adds US$100 million to CDC/BII’s contribution to the 2XChallenge First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its partnership with CDC Group, the UK Government’s development finance institution on a US$100 million finance facility to FirstBank. This new facility will direct funding to women-owned and led…

Nigeria’s economy rises to 3.4%, strongest since 2014

Feb 18, 2022 topnews

The Gross Domestic Product, GDP, of Nigeria has increased by 3.4 per cent in 2021, representing the first annual growth since the COVID-19 pandemic induced recession of 2020 and the strongest growth in seven years since 2014. The 3.4 per cent GDP growth represents 5.32 percentage points the 1.92 per cent contraction recorded in 2020, exceeding the World Bank and International Monetary Fund, IMF’s 2021 projections of 2.5 per cent and 2.7 per cent for the country, respectively. The strong GDP growth recorded in 2021 was driven by growth in…

Sterling pampers Nigerian youths with Top Performing Equities

Feb 14, 2022Feb 14, 2022 topnews

Sterling Bank PLC; a leading commercial bank in Nigeria and Africa’s Most Agile Company, has chosen to celebrate this year’s Valentine season by gifting 50,000 young customers with an audacious bouquet of stocks in 14 of the top performing equities currently listed on the Nigerian Stock Exchange. With the Valentine-4-A-Lifetime campaign, Sterling is giving the gift of continuing returns with a portfolio of stocks from the best performing companies on the Nigerian bourse. This unique gift, comprising carefully selected shares from leading companies in the telecommunications, manufacturing, construction and infrastructure,…

Valentine Season: Polaris Bank Excites Existing and Prospective Customers with Mouthwatering Rewards

Feb 14, 2022 topnews

Polaris Bank has announced plans to delight its existing and new customers this Valentine season with a series of mouthwatering rewards. The Bank announced this over the weekend through its Group Head, Strategic Brand Management, Mr. Nduneche Ezurike, while intimating the general public about its Valentine Campaign tagged “Valentine Purple Love Season.” Mr. Ezurike said that “The reward campaign which will run from February 12th to 18th 2022 is another opportunity to show love to our esteemed customers by rewarding their loyalty for banking with us.” “Valentine is known globally…

FIRSTBANK FELICITATES WITH JUNIOR ACHIEVEMENT NIGERIA ON NOBEL PEACE PRIZE NOMINATION

Feb 10, 2022 topnews

In recognition of the giant strides and efforts by Junior Achievement Worldwide – the parent body of Junior Achievement Nigeria and other Junior Achievement across 119 countries – in equipping young people to solve societal issues, whilst building an entrepreneurship mindset, Junior Achievement World Wide –– has been nominated for the 2022 Nobel Peace Prize. Asheesh Advani, CEO of JA Worldwide, shared his perspective in response to the nomination: “Peace is only possible when youth in all countries and regions have economic empowerment. JA Worldwide is honored to receive this…