My Dear Compatriots, I have found it necessary to address you today, on the state of the nation and to render account on the efforts of our administration to sustain and strengthen our economy, enhance the fight against corruption and sustain our gains in the fight against terrorism and insecurity which has, undoubtedly, been impacted by several internal and external factors. 2. Particularly, I am addressing you, as your democratically elected President, to identify with you and express my sympathy, over the difficulties being experienced as we continue the implementation…
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11th Anniversary Lecture: January 9 Collective wants Mental Health Bill signed into law
January 9 Collective, a socio-political group of professionals has called on governments across Nigeria to pay more attention to and increase funding for mental health. The call was made by the association’s Captain, Loye Amsat while declaring open its 11th Anniversary lecture where he noted that the rise in mental health cases was a cause for concern. Also lending her voice to the urgent need for intervention was the guest speaker,Oluseyi Elizabeth Odudimu, a UK-based mental health expert and CEO, Stop Mental Illness Foundation ( SMIF) who delivered a paper…
Read MoreFUJI: A Opera returns with ‘Fuji Vibrations’: Bigger, Better, and Louder
FUJI: A Opera, the premier multi-dimensional entertainment platform, is back, bigger and better than ever with FUJI Vibrations. On December 8th, FUJI Vibrations will provide a one-of-a-kind live music experience showcasing exceptional talent from the FUJI world for one night only. 10 acts will perform on 1 single stage at Muri Okunola Park, one of Lagos’ most iconic music venues. The live music concert will feature a fantastic line-up of Fuji artistes, including Alhaji Sefiu Alao, KS1 Malaika, Taye Currency, King Saheed Osupa, and the Mayegun of Egbaland, K1 De…
Read MoreFirstBank: A triumphant Return to the Nigerian Banking Frontline
*The story of Corporate Nigeria in 2022, cannot be complete without a chapter on the incredible performance of First Bank of Nigeria Limited, which saw the hitherto encumbered bank now returning to the top of the ladder of the Nigerian banking industry, amid a harvest of international laurels, writes FESTUS AKANBI* By December this year, Nigerian quoted companies will begin to upload their full year 2022 results in compliance with the dictates of the principle of disclosures to regulators, investors and customers as enshrined in the act of Corporate Governance.…
Read MoreRethinking Tourism For A More Sustainable World, By Folorunsho Coker
As we celebrate this 42nd edition of the World Tourism Day, this is within the frame of reflection on the urgency of building a practice that is environmentally sensitive and future complaint. The need for a more inclusive, resilient and sustainable tourism has now forcefully come on the global agenda of governments, international organisations, businesses, and local communities, and we must all work together to mitigate the evident challenges and concerns, in a way that safeguards our planet. It is a great delight to witness and mark the 42nd edition…
Read MoreCBA FOUNDATION TAKES INTERVENTION AMONG UNDERPRIVILEGED WIDOWS TO THE NEXT LEVEL, WITH THEIR SOCIAL ENTERPRISE INITIATIVE
If indications from two separate but related events that were held few months ago are anything to go by, then one of Nigeria’s most vulnerable groups may be on the verge of experiencing better times. The events, hosted in two separate states/regions and split by a 20-day interval, held at a time when self-splurging by many young Nigerians was at octane levels, and saw young men and women behind an NGO that caters to the welfare of underprivileged widows and their vulnerable children, passionately putting the widows’ needs above their…
Read MoreFIRSTBANK: Leveraging digital banking solutions for excellent performance
In First Bank of Nigeria Limited, virtually all the indices are looking bright. From a stellar performance in its last year and first quarter of 2022 operations to the unleashing of its robust digital banking solutions in its operations, analysts say its current management deserves accolades for preparing the bank for the challenges and changing needs in the emerging dispensation in the Nigerian banking industry. As competition mounts in the ever-changing Nigerian banking landscape, analysts said the future of the industry will be determined by the speed and readiness of…
Read MoreADEDUNTAN SUSTAINS HIS WINNING STREAK, PIONEERS LEADERSHIP EXCELLENCE IN BANKING
Since his appointment as MD/CEO of First Bank of Nigeria Limited in 2016, Dr. Adesola Adeduntan has completely transformed the financial institution and has made it attractive to every strata of the society. From an institution that used to be perceived as an old-generation bank, FirstBank is now a darling to all as it leverages latest digital tools to meet its customers’ needs. Also, under Adeduntan’s leadership, the 128-year old bank has made huge contributions to national development, thereby stimulating development, setting standards and motivating excellent output across sectors. Clearly,…
Read MoreSquad by GTCO: Reshaping the Nigerian Payment Space Fragmentation in the Nigerian payment space has served more as a constraint than an enabler; Squad by GTCO positions to lead with innovation and efficiency
Without a doubt, digital payment is the next growth frontier for financial services. Amongst other extenuating factors, growing digitalisation, mobile penetration, and evolving consumer behaviour have accelerated the shift towards cashless thereby creating entirely new business models and solutions built around payments. Given the key role digitalisation plays in the financial lives of many people today, electronic payments are at the core of the payment ecosystem. As is the case with all things economic, Nigeria remains a most attractive market. Over the past years, we have seen largely foreign investors…
Read MoreEXCITEMENT IN SHAREHOLDERS’ CAMP AS FIRSTBANK SHEDS NPL BURDEN
With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first quarter did not only show the consistency in its rebound, but that it demonstrated the fact that the recovery is real. For the shareholders of the Nigerian banking behemoth, First Bank of Nigeria Limited, it is a season of celebration…
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