First Bank Adesola Adeduntan, Global transactions get easier with Firstbank’s Card Offerings, FBNQuest Trustees Marks 40th Anniversary of preserving legacies in Nigeria, Ellah Lakes Plc announces close period for H1 2019 results The Board of Directors of Ellah Lakes Plc has announced that the company would be meeting on the 22nd October 2019 to consider, among other matters, the audited financial statements of the Company for the financial year ended 31 July, 2019. The Company also announced the commencement of a closed period with effect from 7 October 2019, until 24 hours after the Company’s Audited Financial Statements is filed with The Exchange. Top executives, directors, advisers, and many others at Ellah Lakes Plc have been barred from trading in the company’s shares ahead of the meeting of board of directors of Ellah Lakes. This was disclosed in a notification which was sent to the Nigerian Stock Exchange (NSE). http://www.nse.com.ng/Financial_NewsDocs/27720_ELLAH_LAKES_PLC._CORPORATE_ACTIONS_OCTOBER_2019.pdf The announcement is in line with rule 17.18 of Part 2 (Issuer’s Rules) of the NSE’s Rule Book (2015) which states that, “The period of closure shall be effective from fifteen (15) days prior to the date of any meeting of the Board of Directors proposed to be held to consider any of the matters referred to above or the date of circulation of agenda papers pertaining to any of the matters referred to above, whichever is earlier, up to twenty-four hours after the price-sensitive information is submitted to the Exchange. The trading window shall thereafter be opened. Every issuer shall notify the Exchange in advance of the commencement of each closed period.” Why this matters: The close period will allow the board to consider the company’s unaudited financial statements for the third quarter. Other company issues will also be discussed during the meeting of the Board of Directors. What is a close period? A close period is a period before the release of a company’s result or financial statement when of course, those with sensitive information are not allowed to trade on the stock. These individuals may include company directors, audit committee members, persons discharging managerial responsibility, employees and consultants with sensitive information. About the company: Ellah Lakes Plc is a fish farming company.
Managing Director, First Bank of Nigeria Plc, Adesola Adeduntan

As part of its continued commitment to create an enabling environment and opportunities for the promotion of sustainable growth and development of the Nigerian economy, First Bank of Nigeria Limited has partnered with The Nigerian Economic Summit Group (NESG) to host the 25th Nigerian Economic Summit (NES#25), its annual flagship event.

The Silver Jubilee edition of the Nigerian Economic Summit is themed “Nigeria 2050: Shifting Gears” and scheduled to hold on 7 – 8 October 2019 at Transcorp Hilton, Abuja. Mrs Ibukun Awosika, Chairman, First Bank of Nigeria Limited, would speak on “Gender Empowerment” at the plenary.

The Nigerian Economic Summit is the foremost credible platform for public-private dialogue which enables policy makers and influencers to deliberate on issues, proffer policy options with a view to a better understanding of our national economic policy direction and growth strategies.

National leaders and policy influencers billed to attend the event include His Excellency Muhammadu Buhari, GCFR, President of the Federal Republic of Nigeria; His Excellency Prof. Yemi Osinbajo, GCON, Vice President of the Federal Republic of Nigeria; Mrs. Zainab Ahmed, Hon. Minister for Finance, Budget & National Planning, Nigeria.

[READ MORE: First Bank’s Adesola Adeduntan Bags ‘Best Chief Executive Officer’ Award]

Other dignitaries are Senator Dr Ahmad Ibrahim Lawan PhD, CON, President of the Senate; Right Honourable Femi Gbajabiamila, Speaker of the House of Representatives and Mrs. Amina J. Mohammed, Deputy Secretary General of the United Nations. The Chief Host of the event is Mr Asue Ighodalo, Chairman of the Nigerian Economic Summit Group.

Panelists at the event include Alhaji Aliko Dangote President/CEO Dangote Group; Mr Godwin Emefiele Governor, Central Bank of Nigeria; Bishop Matthew Kukah, Founder, The Kukah Centre; His Excellency Dr Kayode Fayemi, Chairman, Nigeria Governors Forum; HRH Muhammadu Sanusi II, The Emir of Kano; Hon. Adebo Ogundoyin, Speaker, Oyo State House of Assembly; Ibukun Awosika, Chairman, First Bank of Nigeria Limited; Hon. Mrs Hannatu Mohammed, Board Member, ICPC; Mr. Chidi Ajaere, CEO, GIG Group; Mrs Juliet Anammah, CEO, Jumia Nigeria and Mr Mauricio Alarcon, MD/CEO, Nestle Nigeria Plc .

The event is billed to comprise plenary sessions, exhibitions, design workshops, dinner and the anniversary lecture as well as the presentation of awards and prizes to winners of the NES #25 essay competition and start-up pitching event.

About FirstBank

First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading banking services solutions provider in Nigeria for 125 years. With over 16 million customer accounts, FirstBank provides a comprehensive range of retail and corporate financial services with over 33,000 business locations.

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The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a Representative Office in Beijing.

[READ MORE: First Bank convenes digital lab open house, reinforces digital reinvention in banking]

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes.

With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 – 2016) by the globally renowned “The Banker Magazine” of the Financial Times Group; “Best Retail Bank in Nigeria” for seven consecutive years (2011 – 2017) by the Asian Banker International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years.

Our brand purpose is to always put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership and people, to position You First in every respect.

 

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