Tag: Group Head

  • Access Bank Advocates for Innovative Financing Models to Realise SDGs

    Access Bank Advocates for Innovative Financing Models to Realise SDGs

    At the 2024 Medic West Africa Event, organised by ABCHealth in collaboration with Informa Markets, Access Bank reaffirmed its dedication to fostering positive transformation in healthcare across Africa.

    The event, which served as a platform for stakeholders across industries deliberate on the theme ‘Healthcare Investments in Africa: Mobilizing the Private Sector to Drive Healthcare Investments in Africa,’ aimed to chart a path through which corporates can leverage innovative financing models and strategic partnerships in fostering the achievement of the United Nations Sustainable Development Goals.

    The discussions also explored strategies for strengthening healthcare infrastructure, leveraging technological advancements, as well as enhancing community health initiatives.

    Lending his voice to the conversation, Ralph Opara, Group Head, Commercial Banking Division at Access Bank Plc, stressed that, “The government can’t carry the burden of the health sector alone. Hence, it is imperative that the private sector explores and implements innovative financing models and strategic partnerships to bridge the healthcare investment gap.”

    Opara noted that collaborative effort between the public and private sectors is not only crucial but essential to driving innovation, improving healthcare accessibility, and ensuring sustainable development across the continent.

    Walking the talk on partnerships, Access Bank partnered with the Private Sector Health Alliance of Nigeria (PSHAN), to launch the Adopt-A-Health Facility Program (ADHFP) with the primary aim of delivering, at least, one global standard Primary Healthcare Centre (PHC) in each of the 774 Local Government Areas (LGAs) in Nigeria. So far, the initiative has resulted into over 180 PHCs adopted across the country.

    Other notable participants at the event include Mories Atoki, CEO, ABCHealth; Jane Ike-Okoli, Head of Specialised Sectors Business & Commercial Banking, Stanbic IBTC; Odunayo Sanyo, Executive Director, MTN Foundation; Ibironke Akinmade, Group Head, Health Finance, Sterling Bank, and Zouera Youssoufou, MD/CEO, Aliko Dangote Foundation.

  • Access Bank Unveils Ground-breaking Banking Platform, 901 Connect: Bridging Convenience and Security.

    Access Bank Unveils Ground-breaking Banking Platform, 901 Connect: Bridging Convenience and Security.

    Access Bank Plc, a leading institution in the Nigerian financial sector, has unveiled its innovative offline banking platform, www.901.ng to provide customers an additional digital channel to manage and carry out uninterrupted daily transactions.

    With this innovative solution, Access Bank is redefining convenience and security in banking, ensuring uninterrupted access to financial services even in the absence of internet connectivity.

    Speaking to journalists during a media round table chat at the bank’s head office recently, Victor Etuokwu, Deputy Managing Director, Access Bank, said “In today’s fast-paced digital age, connectivity is often taken for granted. However, millions of individuals worldwide still face challenges accessing online banking services due to various reasons such as poor internet infrastructure, remote locations or security concerns. Recognizing this gap, Access Bank has developed this solution to empower our customers to bank securely, anytime, anywhere, irrespective of internet availability.

    We are committed to leveraging technology to enhance the banking experience for all our customers. With the introduction of our offline banking platform www.901.ng, we are breaking barriers and empowering individuals and businesses to manage their finances with confidence, even in offline environments.”

    Reiterating Victor’s comments, Njideka Esomeju, Group Head, Consumer Banking, Access Bank, said the Access Bank’s offline banking platform www.901.ng reaffirms its one of the bank’s core values – Innovation and sets a new standard for accessibility and security in the banking industry. As part of its ongoing commitment to excellence, Access Bank will continue to evolve its offerings to meet the evolving needs of its diverse customer base. Some of the key feature of this offline banking platform – 901.ng include: a simple way to send money, buy airtime, and pay bills whilst incurring no extra fees or hidden charges, no internet subscription required and no session fees.

    Head of Digital Channels, Access Bank, Oluremi Gabriel also speaking at the briefing said: “What we have today is a first-of-its-kind, and what it does is allow customers to do their basic banking with or without data. This innovation is driven by data as we know what customers want to do and we have made it very easy and available to our customers especially when they run out of data.”

    Access Bank is a leading Nigerian financial institution committed to providing innovative and customer-centric financial solutions. With a focus on digital transformation and community engagement, Access Bank continues to redefine the banking experience for its customers.

  • “Why We Sponsored the Supporters Club” – SIFAX Group

    “Why We Sponsored the Supporters Club” – SIFAX Group

    SIFAX Group, one of the major sponsors of the Nigerian Football Supporters Club (NFSC) to the recently-concluded African Cup of Nations (AFCON) tournament in Cote d’ Ivoire, has said the desire to see the country lift the continental trophy for the fourth time and forging unity across the country was the driving force behind its support for the supporters’ club.

    According to Olumuyiwa Akande, Group Head, Corporate Communications, SIFAX Group has always been a great supporter of Nigerian football and has established a great relationship with NFSC over the years, resulting in sponsorship to some major football tournaments.

    He said: “As an indigenous conglomerate, our passion and loyalty lie in Nigeria succeeding in all endeavours. Football is a unifying factor for us as Nigerians, and SIFAX Group takes the issue of national unity and development seriously. All fault lines across religion, ethnicity, and politics disappear anytime the national football teams play. SIFAX Group wants to further engender that spirit of unity and togetherness through football. Clinching the trophy for the fourth time was also a great attraction.

    “The company found the platform of the supporters’ club as a veritable one to achieve these objectives. The impact of the supporters’ club on the success of our national teams cannot be overemphasized. Through thick and thin, the club is available at major tournaments and games to encourage the players and promote the interest of the nation. These patriotic and selfless Nigerians deserve to be supported.”

    Dr. Rafiu Ladipo, President General, NFSC, said the club would have been stranded and unable to support the team during the tournament if corporate organisations like SIFAX Group didn’t support them.

    “I am grateful to Dr. Taiwo Afolabi and the SIFAX Group for their timely and consistent support for our activities. The travel costs for our members are very huge considering the one-month duration of the tournament. We pay for transport, feeding, and accommodation for all our members. I am grateful for this sponsorship, alongside other companies and individuals,” he said.

  • SIFAX Boss Lauds Gerar University on Infrastructure, Donates Bus

    SIFAX Boss Lauds Gerar University on Infrastructure, Donates Bus

    Dr. Taiwo Afolabi, Chairman, SIFAX Group and the newly-appointed Chancellor of the Gerar University of Medical Sciences, Imope-Ijebu, Ogun State, has commended the university for the quality of infrastructure at the institution’s campus.  

    Afolabi, appointed the institution’s first Chancellor recently, expressed his delight that the university, which will welcome her pioneer students in the next few weeks, already has impressive infrastructure and equipment that would aid a smooth commencement of academic activities at the permanent site.  

    Afolabi made this known during his maiden visit to the university, where he was received by the management team led by the Vice Chancellor, Prof. Niran Adetoro. 

    He said: “I have always believed that quality education remains the bedrock of development in any society. It not only liberates the mind but also positions individuals for personal advancement. This is the major reason education has been a key pillar in SIFAX Group’s social interventions over the years. This is why I accepted to be the Chancellor of this university. I want to contribute my quota towards the realization of the lofty vision of this citadel of learning. 

    “I have gone round the campus. This is impressive because not many universities start their journey on their permanent sites. The infrastructural provision, facilities and modern equipment on ground are more than good enough for a university just opening her doors. I wish to commend the founder and management of the university for the good job done so far.” 

    The Vice-Chancellor informed Afolabi that the National Universities Commission (NUC) had approved all the nine take-off programmes of the university. The programmes are Nursing Science, Optometry, Medical Laboratory Science, Physiology, Physiotherapy, Radiology and Radiation Science, Anatomy, Human Nutrition and Dietetics and Pharmacology. 

    In a related development, in fulfilment of his promise, Dr. Taiwo Afolabi has donated a brand-new bus to the university. While presenting the bus, Olumuyiwa Akande, Group Head, Corporate Communications, SIFAX Group, who represented Dr. Taiwo Afolabi, said the bus was donated to aid the movement of staff, as academic activities will commence in the next few weeks.  Prof. Niran Adetoro, who received the bus, lauded Afolabi for the kind gesture, promising that it would be put to good use.

  • Abbey Mortgage Bank Host Sustainability Workshop with Non-Profit Stakeholders in Abuja

    Abbey Mortgage Bank Host Sustainability Workshop with Non-Profit Stakeholders in Abuja

    Geared towards boosting impactful investment opportunities for Non-profit organizations, a leading primary mortgage Bank in Nigeria, Abbey Mortgage Bank has organized a sustainable workshop for stakeholders of non-profit organizations to enhance financial sustainability and drive positive change within the civil society sector.

    The event which was Tagged “Financial Management: A Sustainability Tool for Non-Profit Organizations” held on Wednesday 29th November 2023 in Abuja, is aimed at creating impactful investment opportunities to aid sustainability efforts in line with SDG 17 which supports the implementation and revitalization of Global Partnership for sustainable development in the civil society.


    The workshop was attended by prominent guests including Jubril Shittu, CEO of PPDC; Dr. Ayodotun Olutola, CEO of CCCRN; Hamza Lawal, CEO of CODE; and Gideon Olanrewaju, CEO of AREAi among other guests.


    Speaking at the event, The Group Head, Non-Profit Organizations at Abbey Mortgage Bank, Bukola Ewedairo, noted that, “Abbey Mortgage Bank is rightfully positioned to partner with institutions in the civil society by creating opportunities for long-term sustainable investment.  


    “We believe that Non-profit organizations need to be strengthened to achieve their mission and this workshop was our way of collaborating to ensure that they can thrive especially with the volatilities in our local economy.” She stated.  


    Also speaking at the event, the Managing Director of Abbey Mortgage Bank and a key speaker at the event, Mobolaji Adewumi, noted that, ” At Abbey, we are creating an ecosystem where non-profits can flourish, contribute meaningfully to society and drive sustainable change.  


    Adewumi further noted that “We are committed to helping individuals build wealth and attain financial empowerment and we are proud to collaborate with these distinguished leaders to make a lasting impact by supporting financial growth and empowerment” He stated.  


    The workshop had informative and interactive discussions, providing a forum for participants to share insights and explore collaborative opportunities. Attendees engaged in dynamic conversations, delving into strategies to enhance financial sustainability and drive positive change within the civil society sector.


    Abbey Mortgage Bank reaffirms its commitment to fostering continued partnerships with NGOs, furthering its impact on the non-profit sector. The bank looks forward to ongoing collaboration, contributing to the achievement of sustainable development goals in Nigeria.

  • Unity Bank MD Tasks Students on World Savings Day Training

    Unity Bank MD Tasks Students on World Savings Day Training

    The Managing Director/Chief Executive Officer of Unity Bank Plc, Mrs Tomi Somefun has charged parents to take greater responsibility in supporting early child adoption of Banking and savings culture as the bedrock for forging sustainable wealth creation for Nigerian Child. 

    Somefun gave the charge while facilitating training for students of Kabayi Secondary School, Mararaba, Nasarawa State as a part of activities to mark this year’s World Savings Day.

    “The government and parents must make it a priority to start nurturing Nigerian Child for financial responsibility, savings culture and investment, This is the best approach to raising a generation of financially literate society with individuals who are disciplined, wealth creators to drive social and economic changes,” Somefun said.

    Represented by the Group Head, Customer Engagement, Unity Bank Plc, Mrs. Titilayo Abraham, Mrs. Somefun also advocated for government-backed initiatives that aim to encourage parents to commit to inculcating a savings culture in their children. 

    She trained the students on the importance of savings and how to cultivate good financial habits that will lead to a rewarding and financially secure future.

    The training, which was aimed at imparting the skills and knowledge of savings among the students, was also held across 31 other secondary schools across Nigeria, with Unity Bank’s representatives facilitating the training aimed at encouraging students to embrace savings culture from an early age.

    World Savings Day is celebrated on October 31 every year and it is intended to promote the importance of savings while increasing public awareness on the importance of savings.

    This year’s World Savings Day, observed on October 31st, 2023 was themed “Conquer your Tomorrow” to emphasize the role of savings in a financially secure future.

    In Nigeria, the Central Bank of Nigeria, Banker’s Committee and Money Deposit Banks in concert with Junior Achievement Nigeria, coordinates the activities for World Savings Day to engage the participation of Pupils and Students across primary and secondary schools nationwide.

  • CSR: Dangote Cement rehabilitates educational infrastructure in Lagos

    CSR: Dangote Cement rehabilitates educational infrastructure in Lagos

    …to benefit 2,500 pupils

    As part of part its Educational Support programme under the Corporate Social Responsibility (CSR), Dangote Cement Plc, at the weekend, commissioned and handed over several multi-million naira rehabilitated educational infrastructure in Lagos Island, Lagos State.

    The projects, expected to benefit over 2,500 pupils, included installing a 5kva Solar Power source to power the ICT centers at Kuramo Junior College, Victoria Island; Victoria Island Senior School, Victoria Island, and Girl’s Senior Secondary School, Obalende, Lagos, while the Cement company also rehabilitated and equipped with furniture, the school library of Girls Junior Secondary School, Obalende. It also renovated and equipped with furniture and bookshelves the staff room of Kuramo Senior College, Victoria Island.

    Group Managing Director, Dangote Cement, Mr Arvind Pathak, speaking at the commissioning, said the projects were part of the company’s    Social Investment Program designed to contribute to society’s well-being in the areas of Education, Health, Economic empowerment, and Infrastructural development.

    Pathak who was represented by Pan Africa Regional Chief Financial Officer, Ms. Marie Christiane Kaul, said the interventions were targeted at some selected projects, especially schools within the neighborhood of the Dangote Cement Plc Head Office, Ikoyi Lagos.

    She said, “The choice of these projects was arrived at on a need basis through a participatory process of engagement with the schools. Each of the schools identified the most pressing need which were then jointly scoped for execution. We especially thank the TG/PS for granting our request to execute these interventions in the six schools that are all under her authority.”

    She explained that as a responsible corporate citizen, Dangote Cement, ensures that every year, its cement plants in Nigeria and across Africa executes various developmental projects and programs to improve the quality of life of neighbouring and host communities.

    “As a company, we believe that the onerous task of providing quality education to our teaming youths cannot be overemphasize and should not be left to government alone. As education is the bedrock of any meaningful development, as a going concern, we believe in partnership with the government to deliver quality education to our teeming youths. We shall, therefore, continue to complement the efforts of the various levels of government to improve the quality of life of our people in the four thematic areas earlier identified, she added.

    She noted the projects are expected to benefit more than 2,500 students currently studying at these schools while adding that the interventions aligned with the United Nations Sustainable Development Goal (SDG) number 4, which is aimed at ensuring an inclusive and equitable quality education and promoting lifelong learning opportunities for all. The provision of sustainable energy is also aligned with SDG Goal 7, which is aimed at providing access to affordable, reliable, sustainable, and clean energy for all.

    The Dangote Cement boss said, “as a responsible organization, we shall continue to compliment efforts of the government in creating a  conducive learning environment for students and a good teaching environment for staff. I call on the beneficiaries of these projects to make the best use of the facilities and protect them so that they can serve the purpose for which they are provided for a reasonable length of time.”

    Tutor General and Permanent Secretary, Education District 3, Lagos State Ministry of Education, Dr. Idowu Olufunke Oyetola, in her remark thanked the management of Dangote Cement for the company’s intervention in the provision of educational infrastructure. She said that Dangote Cement’s gesture aligns with the Lagos State Government’s policy of leveraging Public Private Partnerships in the upgrade and provision of educational infrastructure. She charged the teachers and students to make good use of the facilities.

    In his own response, the Principal, Kuramo Senior College, Lawal Babatunde, thanked the management of Dangote Cement for selecting his school as one of the beneficiaries of the intervention. He said the gesture has helped to create a more comfortable staff room for the teachers.

    Also speaking in an interview, Group Head, Social Performance, Wakeel Olayiwola, described the project as critical and that other projects are under construction for various educational institutions across the country as the company is committed to lifting communities withing which it operates.

    He explained that the Company usually go into a Community Development Agreement (CDA) with its host communities, which spans every five years, spelling out projects and interventions to be made in the communities on need basis because government alone cannot provide all the needs of the people, so we compliment government efforts by intervening with provision of infrastructure.

  • Access Bank to splash Millions of Naira on Customers in Xtrawins Transact and Win Campaign

    Access Bank to splash Millions of Naira on Customers in Xtrawins Transact and Win Campaign

    Access Bank, Nigeria’s top financial institution with a global presence is set to splash millions of Naira and mouth-watering freebies on its existing and new customers.

    The campaign tagged “Xtrawins, Transact and Win”, will run from October 1 to December 31st, 2023, the bank said in a statement.

    Speaking to newsmen at the launch of the campaign at the bank’s head office recently, Njideka Esomeju, Group Head, Consumer Banking, Access Bank said that the campaign was aimed at appreciating customers for their patronage, and in line with the Bank’s reward campaign objectives. She further explained that “this campaign focuses on expressing gratitude to our valued customers for their patronage, especially as we have seen a significant rise in engagement and the use of exciting features and services on the AccessMore mobile app.

    In the spirit of the season, we are going to reward our lucky active customers with up to N250,000 each in our weekly or monthly jackpot when they perform 5 transactions or more using the AccessMore app or our USSD code *901#. They will also enjoy a Zero charge when they pay for electricity and Cable TV bills using the Accessmore app.  It is even more interesting when our customers book a flight with the app, they will receive a N10,000 cashback.

    We offer a wide range of exciting features on the AccessMore app to take care of their needs; Just a click on ‘Hire-a-Pro’, customers can hire vetted professionals like accountants, lawyers and artisans like tailor, mechanic to meet their needs. If you are looking to eliminate security and counterfeit currency risk, our instant USD to FX conversions have got you covered. Our thrift or ‘Esusu’ option helps you achieve that target savings with friends and family, and we also provide numerous lifestyle features for your convenience and enjoyment.

    Commenting further on the campaign, Adaeze Umeh, Unit Head, Consumer Banking, Access Bank, said “The ember months are here, and the season provides us with another opportunity to appreciate our customers for their loyalty and support for the bank. We value our customers and non-customers who depend on our services to carry out seamless banking activities and we wish them the very best of the season. Just fund and transact on your account and stand a chance to be rewarded’’ Adaeze concluded.

    Access Bank is the leading retail bank in Nigeria with over 600 branches and more than 60 million customers. The bank offers products and services tailored to suit the lifestyle of every Nigerian irrespective of age and demographic.
     
    To  know more about the Access Bank  Xtrawins Transact and Win  Campaign please click HERE.

  • Access Bank Plc, EIB Partner To Empower SMEs, Women Through €50 Million Facility

    Access Bank Plc, EIB Partner To Empower SMEs, Women Through €50 Million Facility

    …at least 30% of funding will support women-led, women-owned businesses or businesses offering a service or product disproportionally benefiting women.

    Access Bank Plc and the European Investment Bank (EIB), on Thursday, signed a memorandum of understanding, to deploy the long-term financing of 50 million euros, aimed at boosting the financial inclusion of young people and women in Nigeria.

    Held with support from the European Union, the execution will contribute to the progress made towards achieving the Sustainable Development Goal number 5, which targets gender equality and empowerment for all women and girls.

    Speaking on Access Bank’s longstanding partnership with the EIB and commitment to sustainable finance, Roosevelt Ogbonna, Group Managing Director, and Chief Executive Officer of Access Bank Plc said:

    “Our collaboration with the European Investment Bank underscores our unwavering commitment to fostering job growth, promoting gender equality, and championing sustainable business practices across all our countries of operation. At Access Bank, we believe in the potential of women as drivers of economic growth, and this partnership reinforces our dedication to that cause. By providing critical financial resources to female entrepreneurs and managers, we aim to not only expand businesses but also uplift livelihoods and drive economic development in Nigeria.

    “As we work towards achieving the national and global development goals, this credit facility exemplifies the shared vision of Access Bank and EIB for a more inclusive and prosperous continent. We look forward to the positive impact this partnership will have on the lives of Nigerian women and the broader economy.”

    The funds will be mobilised by Access Bank to finance eligible investments made by SMEs and mid-caps in sectors such as transport, agriculture value-chain, manufacturing, tourism, and services. It will also be targeting businesses owned, run, employing, or primarily serving women, in accordance with the “2X Challenge” initiative, whose criteria are aligned with the OECD gender objectives.

    “Since inception, the goal of the “W” Initiative has been to inspire, connect, and empower women with sustainable tools to access true financial inclusion and growth. This is why we are excited about the potential of this agreement with the EIB, as it is a powerful instrument to support women in realising their dreams and aspirations. By providing increased access to funding, we are fostering economic growth and strengthening the foundation of gender equality in Nigeria,” Abiodun Olubitan, Group Head, Women Banking, Access Bank Plc added.

    This execution is testament to Access Bank’s pledge to drive sustainable economic growth that is profitable, environmentally responsible, and socially relevant, while helping customers to access more and achieve their dreams. Over the past 17 years, the Bank has consistently demonstrated its commitment to gender equality and women’s economic empowerment, expending over ₦246.46 billion in financing for 3,145,319 women.

  • Microfinance Banks Pivotal to Fueling Economic Growth Says Interswitch

    Microfinance Banks Pivotal to Fueling Economic Growth Says Interswitch

    Interswitch, one of Africa’s leading integrated payments and digital commerce companies, has reaffirmed its dedication to promoting financial inclusion in Nigeria. It also emphasized the pivotal role that microfinance banks play in driving economic growth in the country.

    This was the focus of discourse at the third edition of the TechConnect 3.0 series hosted at Bridgewaters Hotel, Enugu, in southeastern Nigeria.

    The event which has held in select cities such as Ibadan, Abuja, and most recently Enugu State continues to advance the message of the importance of a digitally inclusive economy, especially for an economy like the Nigerian economy.

    Speaking on the importance of microfinance banks, Innocent Itobore, Group Head, Data and Lending Services, Interswitch noted that microfinance institutions, despite prevailing challenges, play a critical role in mitigating poverty levels in the country, providing individuals and small businesses with access to financial products and services and democratising financial services.

    He said, “Over the years, we have witnessed a remarkable shift in the way microfinance banks operate, engage with clients, and make a meaningful impact in underserved communities. Microfinance banks, as many of you know, play a pivotal role in alleviating poverty, providing credit facilities, and promoting financial inclusion around the world.”

    He revealed that owing to digitalisation, access to lending services has been enhanced, making the process more convenient and accelerated adding that microfinance banks now leverage technology to streamline loan origination, approval, and disbursement processes.

    He further said, “We will continue to design cutting-edge solutions and infrastructures that will allow microfinance banks and other financial institutions to meet the urgent needs of their customers with loans.”

    The event also featured panel sessions, where panelists discussed the challenges faced by microfinance institutions including revisiting policy frameworks governing the institutions and the importance of developing concrete consumer protection and innovation policies geared towards improving the industry.

    At the event, customers were also awarded for their outstanding support to the company over the years. The Techconnect train is slated to make further stops in other cities including Port Harcourt and Lagos, where critical stakeholders will be engaged in industry-defining conversations.

    Interswitch remains keen on enabling not just Nigeria’s digital payment ecosystem through events like Techconnect, but also spreading its robust infrastructures across the African continent to improve access to financial services and create a more prosperous economic landscape.

  • Access Holdings Receives Karlsruhe Award for Outstanding Business Sustainability Achievement

    Access Holdings Receives Karlsruhe Award for Outstanding Business Sustainability Achievement

    for the Eighth Consecutive Time

    Access Holdings Plc has been honoured with the prestigious Karlsruhe Award for Outstanding Business Sustainability Achievement for the eighth consecutive time.

    Presented at the Global Sustainable Finance Conference (GSFC) organised by the European Organisation for Sustainable Development (EOSD) in partnership with the city of Karlsruhe, Germany, the Award underscores the sustainability commitment demonstrated in the way Access Holdings conducts its business operations and activities.

    Delivering the opening remarks at the Awards event, the Lord Mayor of Karlsruhe, Dr. Frank Mentrup, lauded the unwavering commitment of the organisations present and urged all stakeholders to collaborate to achieve the global sustainability vision.

    “In today’s globalised world, the responsibility of each one of us does not end at our borders. We need to work together to make our world more just, more peaceful, and more sustainable. This requires a high level of commitment and allocation of resources – including finance and investments,” Mentrup said.

    Reiterating Access Holdings’ commitment to driving the achievement of the SDGs, Omobolanle Victor-Laniyan, Head, Group Sustainability, at Access Holdings Plc said, “We are pleased to receive the Karlsruhe Award for Outstanding Business Sustainability Achievement for the eighth consecutive time. At Access Holdings, we believe that businesses must play a significant role in addressing sustainability challenges and driving positive impact. In line with this, our approach to sustainability reflects our dedication to creating long-term value for our stakeholders in Africa and beyond.”

    The 2-day Global Sustainable Finance Conference and Awards also had in attendance other notable stakeholders such as Arshad Rab, Chairman, International Council of Sustainability Standards and CEO, European Organisation for Sustainable Development; Dr. Jesimen Chipika, Deputy Governor, Reserve Bank of Zimbabwe; Amaechi Okobi, Group Head, Corporate Communications, Access Holdings Plc; Rolando Victoria, President and CEO, Aski Group, Philippines; Romani de Silva, Deputy Chairman and CEO, Alliance Finance, Sri Lanka; Mr. Krishnan Vimalanandavally Shaji, Chairman, National Bank for Agriculture and Rural Development, India; Mrs. Sylvi J. Gani, Director, PT. Sarana Multi Infrastruktur (Persero), Indonesia; Dr. Kao Thach, The Delegate of the Royal Government of Cambodia; Jide Akintunde, Director, Nigeria Development and Finance Forum (NDFF) and Nigeria Country Representative, European Organization for Sustainable Development (EOSD), and Tom Hoyem, Former Cabinet Minister of the Kingdom of Denmark and Member, City Council of Karlsruhe, Germany.

    Access Holdings has been widely recognised as one of Africa’s most responsible companies, earning numerous national and international honours and awards including the World Finance Award for Most Sustainable Bank (eleven-time winner) and Global Brand Awards for Best CSR Bank and Investor Relations (four-time winner).

  • SIFAX Group: Fire at Terminal Did Not Affect Vessel

    SIFAX Group: Fire at Terminal Did Not Affect Vessel

    The Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group, has debunked the rumour that a vessel caught fire at its terminal at Tin Can Island Port, Lagos.

    In a statement signed by Group Head, Corporate Communications, SIFAX Group, Olumuyiwa Akande, at about 12:30 pm on Thursday, July 20, 2023, one of our equipment, a shore crane, developed a sudden technical fault and before anything could be done to fix it, it went up in flames. 

    There was a quick response from all stakeholders, resulting in putting out the fire as soon as possible, even though substantial damage was done to the equipment. However, normalcy was returned to the terminal after containing the fire, and our operations resumed.

    The vessel at berth, as at the time of the incident was not affected by the fire while containers, both those on board the vessel as well as other consignments at the terminal, were not affected also.

    There was no loss of life, as the operator working on the affected equipment was safely rescued without any injury. The said equipment as well as all other equipment and facilities at the terminal, are all insured. 

    As a company, we are committed to operational excellence in a safe and secure environment for the collective good of all our stakeholders – customers, agents, staff, regulators and the general public. 

    The organization appreciated those who reacted swiftly to the emergency situation including: Nigerian Ports Authority, Master and crew of MV Argeciras Express and the Lagos State Fire Service team. Kudos also to the staff of Ports & Cargo Handling Services Limited.  

  • FirstBank Announces Call For Application for the 2023 FirstBank Management Associate Programme (FMAP)

    FirstBank Announces Call For Application for the 2023 FirstBank Management Associate Programme (FMAP)

    First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the call for participation in the third season of its FirstBank Management Associate Programme (FMAP). 

    Interested participants are required to submit their application via  https://hdbc.fa.em2.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX

    The application is extended to the general public as it closes by 24 March 2023.

    The FirstBank Management Associate Programme (FMAP) is a 24-month fast-track comprehensive programme targeted at young, dynamic and highly driven individuals that are passionate about making a difference in the financial services industry. The programme is designed to build the next generation of leaders to drive the Bank’s vision of being Africa’s Bank of First choice.

    FMAP equips participants with an extensive wealth of experience comprised of both classroom and real-life work that affords an insightful and balanced insight into the world of work. The programme is targeted at hi-potential young professionals who possess acute thinking skills, financial and methodical skills, and a distinctive ability to communicate effectively and synthesize ideas, information, and data to aid decision-making.

    Speaking on the FMAP Season III, Olumuyiwa Olulaja, Group Head, Human Capital Management and Development, said “since its inauguration in half a decade, we are delighted with the giant strides and impact the initiative has had in promoting the career development of emerging talents in the financial services industry as they are instilled with the tenets and ethics of the banking industry in line with global best practice.

    The FMAP initiative is amongst the many ways we reinvest in our human capital as we build the next generation of leaders through their exposure to various opportunities essential to preparing their readiness for the future. 

    Since its launch in 2018, FirstBank has successfully trained and onboarded up to fifty talented individuals in 2 editions (2020 and 2022), who have all been deployed into strategic roles in the Bank and making a difference in the organization, while we continue to support their leadership growth and development.

  • FirstBank Dedicates March 2023 to celebrate Women

    FirstBank Dedicates March 2023 to celebrate Women

    …reinforces commitment to empowering Women

    In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the month of March to the celebration of women across the world, as it commemorates the globally celebrated International Women’s Day, scheduled for 8 March 2023. 

    Kicking off the series of internal and activities designed to celebrate women is The First Women Network (FWN), Mentoring, Coaching and Sponsorship Pillar Webinar scheduled to hold on Friday, 3 March 2023. The event is organized by the Bank’s First Women Network, an initiative that seeks to address the gender gap and increase the participation of women at all levels within the organisation.

    On Wednesday, 8 March 2023, the Bank will join the rest of the world to celebrate the 2023 International Women’s Day themed: “Embrace Equity” as it convenes its International Women’s Day 2023 event.

    As a member of UN Women, FirstBank employs the relevant women empowerment tools including the Women Empowerment Principles (WEPs) Gender Gap Analysis Tool in the process of assessing its performance and provides progress reports that feeds into the WEPs performance indicators. FirstBank has a ratio of about 39%:61% female to men employees while 32% women in management driving a deliberate policy consistent with the WEPs – Equal Opportunity, Inclusion, and Nondiscrimination.

    In line with this commitment, FirstBank is partnering with UN Women on 15 March 2023 and is set to play a key role in a scheduled event driven by UN Women that will showcase young women and men between the ages of 18-35 in Nigeria who are using technological innovations and tools to promote gender equality, women’s empowerment and inclusion. This is in line with the UN International Women’s Day theme for 2023 is “DigitALL: Innovation and technology for gender equality’’.

    The conversation on ‘’Embrace Equity’’ as well as ‘’DigitALL: Innovation and technology for gender equality’’ will be reinforced on Twitter Spaces with notable speakers including Foluso Gbadamosi, the Executive Director of Junior Achievement Nigeria.

    Amongst the activities scheduled to round off the Women’s Month commemoration is the Bank’s support of the Heroism of Erelu Ota – a play which aligns with the Bank’s First@arts goal of supporting the arts and women. Heroism of Erelu Ota is an untold story of a legendary goddess in Ikorodu Kingdom who travels on the sea with a mat, and her ability to see what the enemies of Ikorodu are planning in their town, played a huge role in assisting the people of Ikorodu during the Agbala war.

    Speaking ahead of the events, Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, FirstBank said that “we remain committed to diversity and inclusion as well as women empowerment through digital education and the provision of opportunities for women to access digital tools to bridge the gender digital divide and achieve gender equality. Therefore, as in previous years, FirstBank has dedicated March 2023 as a month set aside to celebrate women and all their remarkable achievements over the years which include their leadership roles and pace-setting standards in Science Technology Entrepreneurship, Arts and Mathematics (STEAM).  We are deliberate about partnering to ensure more impact – ensuring that we touch as many women as possible in Women’s Month and beyond.’’ 

  • Naira Redesign: Hope PSBank commences new initiative to drive CBN Policy

    Naira Redesign: Hope PSBank commences new initiative to drive CBN Policy

    In furtherance of its commitment to support the Central Bank of Nigeria’s Naira redesign policy, Nigeria’s premier digital-first bank, Hope PSBank, a Unified Payment Services Limited subsidiary, has commenced a community inclusion initiative.

    Speaking at a press conference to unveil the initiative on Friday, February 3, 2023, the Managing Director of the bank, Ogechi Altraide, explained that this initiative is targeted at promoting a cashless economy and ensuring that Nigerians, particularly the unbanked, perform transactions through electronic channels across the country.

    She disclosed that the initiative would enable Nigerians to open Hope Wallet from their phones by simply dialling *569*9#. The wallet holders can deposit their cash into the wallet at any agency banking outlet in different communities across the country.

    She further stated that the bank has offered to give everyone N500 cash incentive for opening the wallet, saying that all transactions can be performed using their phone numbers.

    “Hope PSBank is giving N500 to everyone that opens the Hope Wallet. The phone number is the wallet, account number, and ATM card. The phone number can be used to transfer money, make payments and withdrawals at PoS, ATM and Web”, she said.

    Also speaking, Group Head, Corporate Services, Hope PSBank, Cletus Igah, stated that the initiative is designed to accommodate all Nigerians by ensuring that they can perform any transaction without any hindrance using their digital wallet.

    According to Igah, the company remains committed to supporting Nigerians to leverage digital financial services for inclusion, irrespective of their socioeconomic status.

    He said that with the digital wallet, individuals and businesses can now access valuable and affordable financial products and services that meet their needs – transactions, payments, savings and – delivered responsibly and sustainably, especially in rural areas.

    He urged all Nigerians to inform their family and friends to take advantage of the initiative and the seamless account opening process. He urged Nigerians to dial *569*9# to open a Hope Wallet account and receive a welcome bonus of N500, deposit money at any agency outlet nationwhide bearing in mind that your phone number is also your account number.