Tag: savings culture

FirstBank Partners NTA, others on 2026 Children’s Day Engagements to Inspire Future Leaders

FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, is set to commemorate Children’s Day 2026 with a series of sponsored nationwide engagements designed to educate, inspire, and empower children across Nigeria. Through its sponsorship of initiatives organised by the Nigerian Television Authority, Nigeria Future Leaders Festival, Lexicon the Bank reaffirms its commitment to nurturing the next generation of leaders and strengthening its role in sustainable community development.

The celebrations will kick off with the sponsorship of the NTA Abuja Children’s Day in Abuja and the Youth Edutainment Theatre (YET) Festival in Lagos on 25 May, followed by support for the Nigeria Future Leaders Festival on 26 May. On 27 May, FirstBank will support multiple activities including the Lexicon Children’s Day Games, the NTA Channel 10 Lagos and the NTA Yola Children’s Day Party. Each of these programmes is designed to foster creativity, inclusion, and confidence among children from diverse backgrounds, while promoting learning and aspiration.

Commenting on the Bank’s support for the initiatives, Olayinka Ijabiyi, Group Head, Marketing and Corporate Communications, FirstBank, noted that the engagements align with the Bank’s strategy on youth development and empowerment. “Children are the foundation of a sustainable and prosperous future. Our support for children on their special day is an intentional investment in nurturing creativity, building confidence, and empowering the next generation with opportunities they need to grow and thrive. We are happy to partner with the Nigerian Television Authority, Nigeria Future Leaders Festival and Lexicon on these engagements to create meaningful experiences that inspire tomorrow’s leaders across the country.”

The sponsorship of the Children’s Day engagements aligns with FirstBank’s broader Sustainability framework, which prioritises education, health and welfare as key pillars of its impact strategy. The commitment is further reinforced through flagship youth-focused products such as KidsFirst, MeFirst, and Xplore First, which promote financial literacy, encourage savings culture, and empower young people at different stages of growth, ensuring that financial inclusion begins early and evolves with their needs. Beyond Children’s Day, FirstBank will also support the ReadBug Literature Festival 2026, which will be held in Abuja in July.

FirstBank will continue to invest in initiatives that empower children, enrich families, and contribute to national development, ensuring that every engagement creates value-driven experiences and inspires brighter futures.

May 25, 2026
FirstBank unveils Single-Digit Loan for Women Entrepreneurs
…strengthens gender inclusion in Nigeria
- The FirstGem fund (FirstGem loan) is a single-digit loan scheme, exclusively designed to put women at an advantage in contributing to the socio-economic development of the country.
- The loan scheme covers female-owned or partnered SMEs in various sectors of the economy
- Launched in 2016, FirstGem has been impactful in driving financial inclusion, influencing women’s empowerment through gender-advancement programmes like savings culture, financial literacy, wealth management and building an investment portfolio.
In furtherance of its role in promoting female entrepreneurship across the country, Nigeria’s premier banking institution and leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the launch of the FirstGem fund (FirstGem loan); a single-digit loan scheme, exclusively designed to put women at an advantage in contributing to the socio-economic development of the country.

The FirstGem loan scheme is designed for female-owned or partnered SMEs in the following sectors- Food/Beverage processing & Packaging, Beauty and cosmetics, Confectionaries, Catering & Restaurants, Transportation (Logistics) and Agric/Agro-Allied (retail value chain). With an interest rate of 9% per annum, FirstGem loan is a collateral-free loan that is available to the bank’s existing and prospective female customers. Based on eligibility, customers can access loans from N500,000.00 to N3,000,000.00.

To access the loan, Female owned or partnered SMEs can visit the Bank’s website – https://www.firstbanknigeria.com/personal/loans/more-financing-options/firstgem-funds/ – to download and fill out the Retail Loan Application Form. The completely filled form should be submitted to the nearest FirstBank branch with accompanying documents.

Speaking on the product, Folake Ani-Mumuney, Group Head, First Bank of Nigeria Limited said, “we are delighted with the role our FirstGem product plays in creating an avenue to enlarge the business activities and endeavours of female entrepreneurs across the country. Our FirstGem value proposition offers real solutions to constraints encountered by female entrepreneurs and working professionals, as it exposes women to opportunities for the advancement of their business. We implore every female business-minded individual to take advantage of the FirstGem loan as it puts them at an advantage to contribute their quota to the national economy.”

Launched in 2016, FirstGem has been impactful in driving financial inclusion, influencing women’s empowerment through gender-advancement programmes like savings culture, financial literacy, wealth management and building an investment portfolio. FirstGem is designed specifically to meet the needs of the female gender, aged 18 years and above.

FirstGem is targeted at a broad spectrum of women, working professionals, entrepreneurs or market women through an array of benefits such as free business advisory services, access to finance, specialized training on business development initiatives (virtual and physicalevents), regular insights on business / investment opportunities. and mouth-watering discounts at partner merchant outlets (spas, salons, grocery stores) offering lifestyle products and services.

Recently, FirstBank announced its partnership with CDC Group, the UK Government’s development finance organisation to economically empower women-owned and led businesses and local small and medium-sized enterprises (SMEs) in Nigeria. The facility, which is in the sum of US$100 million will have a minimum of 30% allocated in the form of credit lines to women entrepreneurs.
July 3, 2022
Winners Emerge in the Stanbic IBTC Reward4Saving Promo Season 2

Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC Holdings Plc has rewarded several of its new and existing customers with cash prizes of ₦100,000 in the maiden draw of the season 2 of its savings promo, Reward4Saving.

The first draw of this season, which took place at the Stanbic IBTC Head office on Walter Carrington Crescent, Victoria Island, Lagos State, saw 70 customers win cash prizes of ₦100,000 each. The Bank aims to maintain this throughout the 12-month promo time by which a total of 840 customers would have been rewarded with ₦100,000 during the monthly draws.

The Bank also aims to reward 28 customers with ₦1 million each in the quarterly draws, and seven customers with ₦2 million each in the grand finale draw.

Speaking at the May 2022 draws, the Chief Finance Officer of Stanbic IBTC Holdings, Kunle Adedeji, said the bank recognises saving as an important aspect of its customers’ journey to financial freedom, and it is for this reason that Stanbic IBTC has decided to continue with the second season of the Reward4Saving Promo to reward and inspire more customers to reach for their dream of financial freedom by improving their savings culture.

“Our aim is to promote a savings culture by rewarding our existing and potential customers as they save for the future. As an end to end financial solutions provider, Stanbic IBTC is committed to creating channels and means of financial empowerment for its millions of customers while rewarding them for their dedication. Simply put, we put our money where our mouth is.

Reward4Saving 2.0, as we like to call it, is themed “Bigger and Better”. This is because we have increased the expected wins to allow more customers from across the geo-political zones of the country to walk away with cash prizes worth a total of N156 million, with individual wins ranging from N100,000 to a whooping N2 million.,” he added.

The Chief Finance Officer further stated that existing and prospective customers can take advantage of this opportunity by saving a minimum of ₦10,000 in their savings account or @ease wallet, for at least 30 days. One electronic raffle ticket is issued for every N10,000 saved, thereby increasing the chances of winning. New customers would also be rewarded with ₦500 worth of airtime and three months of free interbank transactions when they open a Stanbic IBTC Bank account. Stanbic IBTC Bank is a subsidiary of Stanbic IBTC Holdings and a part of the almost 160-year-old Standard Bank Group.

May 13, 2022
Stanbic IBTC Launches Reward4Saving Promo Season 2

Stanbic IBTC Bank PLC, a subsidiary of Stanbic Holdings PLC, has launched season two of its savings campaign, Reward4Saving promo, as part of its continued commitment to promoting a savings lifestyle while rewarding its customers.

Themed Bigger and Better, the Bank said the second edition of the campaign promises to be bigger and better than the previous edition, with more prizes to be won this season.

Wole Adeniyi, Chief Executive, Stanbic IBTC Bank PLC, stated that the Reward4Saving promo, Season two, would produce more millionaires across all regions in the country. “A total of ₦156,000,000 (one hundred and fifty-six million naira) will be awarded to over a thousand customers during this promo. The second edition of the Reward4Saving promo will reward 840 customers in the monthly draws, 10 customers each across seven zones will be rewarded with ₦100,000 each for the next twelve months. We will also reward 28 customers, one customer per zone with ₦1 million in the quarterly draws and seven customers, one customer per zone with ₦2 million in the grand finale,” he said.

“Stanbic IBTC is committed to promoting a savings culture in the society hence the campaign. We seek to encourage people to develop a habit of saving for unprecedented occurrences. As promised, we will continue to introduce more initiatives that will not only improve customer experience but also impact the lives of our customers.” he said.

Speaking on the importance of having reserve funds to cater for financial and personal needs, Wole noted that the Stanbic IBTC Reward4Saving promo Season two is an avenue to further appreciate the organisation’s esteemed new and existing clients while also promoting a savings culture.

“We are happy to encourage our customers and reward them for taking the financial steps required to build up reserve funds. We also urge them to take advantage of this opportunity to win cash prizes ranging from ₦100,000 to ₦2 million. The campaign will run from April 2022 to March 2023. All our current and prospective customers need to do is deposit a minimum of ₦10,000 in their account and leave the sum for 30 days. There is also a bonus- when customers open an account, they will be rewarded with ₦500 worth of airtime and enjoy 3 months of interbank transaction with no charges,” he said.

Wole also urged customers to leverage the bank’s online account opening option on the Mobile App, USSD (*909*37#) and Quick Services on the Bank’s website, as it is fast, safe, convenient, and easy to use.

The Reward4Saving promo is in line with Stanbic IBTC’s unwavering commitment to prioritising its customers’ financial well-being as well as boosting a positive saving culture in the nation.

April 11, 2022