Category: Business

FIRSTBANK IMPACTS ITS FIRSTMONIE AGENTS WITH A 100 BILLION NAIRA LOAN

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Barely a year after the launch of its Agent Credit scheme, First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that it has economically empowered its Firstmonie Agents with the sum of N100 billion. The Bank currently has over 120,000 Firstmonie Agents, spread across 772 Local Government Areas in the country. The Agent Credit scheme was created by the banking giant to promote and expand the business activities of its foremost agent banking platform – Firstmonie Agents – whilst putting them at an advantage to positively…

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Sterling Bank officials in N1.7b FRAUD

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Sterling Bank Plc is currently enmeshed in a N1.7 billion fraud scandal in which bank officials and a businessman colluded to siphon the said amount from a customer’s account. The case which is currently before an Ikeja High Court, Lagos, details how an official of the bank, Ifeanyichukwu Shallom Isituah and a businessman, Ighodaro Austin Osaretin allegedly stole the sum of N1,790,558,000 belonging to a customer of the bank. An operative of the Economic and Financial Crimes Commission (EFCC), Adamu Mohammed, told the court that the agency received a petition…

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Guaranty Trust Annual Autism Conference Holds August 3-4 at Muson Centre, Lagos

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The eleventh edition of the Guaranty Trust Annual Conference will hold on Tuesday and Wednesday, August 3 and 4, at the Muson Center, Lagos. Themed, “Life Beyond the Diagnosis,” the conference will feature in-depth conversations on supporting people living with autism facilitated by medical experts and specialists from around the world. Guaranty Trust has been at the forefront of the advocacy for children and adults living with autism. Its Annual Autism Conference is the major rallying point for driving awareness about Autism, campaigning against the social stigma associated with developmental…

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FirstBank Celebrates 2021 Corporate Responsibility and Sustainability Week, Calls for All to Adopt Kindness as a Way of Life

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The best definition of kindness is not one provided by any of the world’s best dictionaries but one demonstrated by how we treat others on a daily basis. Kindness is a universal language that does not require any special knowledge, exposure, skills, training or background to understand and appreciate it as a beneficiary or observer of a kind act. Neither is any special knowledge or training required to show and extend it to others. Just as anyone and everyone can be shown acts of kindness, all persons without exception can…

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Positioned for Growth: Guaranty Trust Bank Completes Corporate Reorganization

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Aiming to strengthen its long-term competitiveness and growth prospects, Guaranty Trust Bank plc has completed its re-organisation to a Holding Company Structure. Under the terms of the re-organisation, a new operating company has been established and amendments made to the articles of incorporation for a corporate name change. The corporate name of Guaranty Trust Holding Company Plc and GTCO Plc will be used by the newly established operating company.   The newly established Guaranty Trust Holding Company Plc is also pleased to announce its new Board of Directors as well…

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NGX Welcomes Guaranty Trust Holding Company Plc with Closing Gong Ceremony

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The Nigerian Exchange (NGX) Limited, on Tuesday, July 13, marked the listing of Guaranty Trust Holding Company Plc’s (“GTCO Plc”) shares with a Closing Gong Ceremony on the main floor of the exchange. This follows the completion of all regulatory requirements for the corporate reorganization of the leading financial institution into a holding company structure and the listing of GTCO Plc, on the Nigerian Exchange (NGX) Limited and the London Stock Exchange, replacing Guaranty Trust Bank Plc. Guaranty Trust was first listed on the Nigerian Exchange in 1997, winning the…

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HOW CUSTOMERS’ INCREASED TRUST IN FIRSTBANK’S *894# USSD BANKING CAN BOOST THE FINANCIAL INCLUSION DRIVE

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The path to financial inclusion holds different marketplace barriers and opportunities in different countries, but the push continues because of proof that an increase in economic activities among the financially vulnerable can reawaken a comatose economy. For Nigeria, the last three years have seen significant growth of the financial inclusion rate from 56.8% in 2016 to 63.2% in 2018. FirstBank’s *894# USSD banking service is playing a key role in it. FirstBank’s *894# USSD banking initiative is already averaging about 99 million transactions monthly, with a naira worth of (N’m)…

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HOW TO VOTE ON FIRSTBANK-SPONSORED THE VOICE NIGERIA SEASON 3

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Video link: https://www.instagram.com/p/CRA7zO_D507/?utm_medium=copy_link By Bolaji Israel UN1TY Limited and Livespot360, producers of The Voice Nigeria Season 3 have explained how to vote on the voice Nigeria season 3, sponsored by First Bank, Baba Ijebu and Airtel. The International talents reality series designed to discover and harness music talents in Nigeria is in its third season in Nigeria. Only 12 made it to the live shows, having passed through Auditions, Blinds, Knockout and Battles stages out of the numerous talents who have featured on the world-class show. The four celebrity coaches…

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FIRSTBANK HOLDS SMECONNECT WEBINAR, ENLIGHTENS ENTREPRENEURS ON ACCESSING FINANCE FOR THEIR BUSINESS

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*The FirstBank SME Connect webinar is one of the ways through which FirstBank delivers its capacity building pillar of its value propositions to SMEs. *The event topic “The ABCs of Accessing Finance for your Business” is designed to expose SMEs to various finance opportunities that they can access and utilize to foster the continued growth of their businesses. *With FirstBank’s over 127 years of being woven into the fabric of society, FirstBank has been at the forefront of impacting businesses, and has consistently won awards for providing innovative solutions for…

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FIRSTBANK’S SMECONNECT PLATFORM CONTINUES TO HELP BUSINESSES THRIVE

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Small Medium Enterprises are the ultimate drivers of the economy, and when they are under-utilized and not given the much-needed support to thrive, it has an overriding effect on the overall growth and development of a Nation. In a demonstration of its continuous commitment to National development, FirstBank’s ‘’SMEConnect’ continues to create an atmosphere for SMEs to build, grow and scale. SMEConnect is FirstBank’s value proposition geared towards building the capacity of SMEs to deliver business goals and contribute even more significantly to national development. It is a digital platform…

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