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FirstBank’s Adesola Adeduntan joins other Global Finance Practitioners at Ethical Finance Conference, Edinburgh

The CEO, First Bank of Nigeria Limited, Dr. Adesola Adeduntan participated in the 2019 Global Leaders Interactive panel session of the 2019 Ethical Finance Conference.

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FirstBank’s Adesola Adeduntan joins other Global Finance Practitioners at Ethical Finance Conference, Edinburgh

As part of the Bank’s financial inclusion and global thought leadership drive, the Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan participated in the 2019 Global Leaders Interactive panel session of the 2019 Ethical Finance Conference held on 8 – 9 October 2019 at RBS Conference Centre, 175 Glasgow Road, Gogarburn, Edinburgh. The event had in attendance over 500 leading finance practitioners from all over the world.

The Bank’s CEO, Dr. Adesola Adeduntan, with other thought leaders, policy influencers and leading finance practitioners across the world deliberated on various topical issues that would help define and shape the transition of the global financial climate to a sustainable financial system where finance delivers positive change.

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Dr. Adesola Adeduntan, along with Sarah Breeden, Bank of England; Dame Susan Rice, Banking Standards Board; Gary Gillespie, Chief Economist, Scottish Government spoke on the topic “Financing Sustainability: Designing for A Future on Earth” in the first panel session held on 8 October 2019.

Speaking on his participation at the event, Dr. Adeduntan said, FirstBank is committed to exploring innovative opportunities that drive financial inclusion in Nigeria whilst harnessing widespread mobile-phone coverage to create low-price banking offerings across groundbreaking distribution channels, especially for the unbanked.”

“Our participation in the 2019 Ethical Finance Conference is a platform we are honoured to be in as shared knowledge with other global thought leaders and policy influencers is pivotal to promote inclusive growth in the global financial ecosystem, whilst contributing to economic growth, development and importantly, reducing poverty,” he concluded.

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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 some 15 million customer accounts, FirstBank provides a comprehensive range of retail and corporate financial services with over 750 business locations. 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.

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.

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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.

Folake Ani-Mumuney

Group Head, Marketing & Corporate Communications

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www.firstbanknigeria.com

 

 

 

 

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Rivers, Kwara, receive 6 ambulances, food supplies and N100million each from BUA for COVID-19 intervention

BUA Foundation said the donations are intended to assist both governments in fighting the pandemic.

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Rivers, Kwara, receive 6 ambulances, food supplies and N100million each from BUA for COVID-19 intervention

The Rivers and Kwara State governments have commended BUA Group through its philanthropic arm, BUA Foundation for its support to both states in assisting in their fight against COVID-19. This came as BUA donated 6 ambulances, food supplies and 100million Naira each to both states.

 

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Khalifa Rabiu, Executive Director, BUA Foundation addressing Nyesome Wike, Governor Rivers State during the presentation of 3 ambulances to the state Government to help fight the Coronavirus Pandemic.

Speaking while presenting the ambulances to Nyesome Wike, the Rivers State governor in Port Harcourt and his Kwara State counterpart, AbdulRahman AbdulRazaq in Ilorin, representatives of BUA Foundation said the donations are intended to assist both governments in fighting the pandemic to a standstill as number of cases continue to rise in Nigeria.

READ ALSO: COVID19 UPDATE: Jigawa, Sokoto states receive ambulance from BUA Foundation

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On his part, Governor Wike praised the sustained support from BUA Foundation to the Rivers State government. He also revealed that the company has made a donation of 100million as well as 4,000 cartons of pasta for which the State remained grateful

L-R: Khalifa Rabiu, Executive Director, BUA Foundation and Nyesome Wike, Governor of Rivers state at the presentation of 3 ambulances to the Rivers Government to help fight the Coronavirus Pandemic in the state.

READ ALSO: Caverton Helicopters Ltd explains incidents that led to shutdown of its Rivers’ offices

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Also, Governor AbdulRahman thanked Abdul Samad Rabiu, the Executive Chairman of the Group for the ambulances and the 100million Naira donations to Kwara state which will further strengthen the state’s fight against the pandemic. He also added that the donations will be used judiciously.

Since the start of the pandemic, BUA has committed about 20million dollars to various efforts to tackle the virus within Nigeria.

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EDITOR’S NOTE: This is a sponsored content.

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Propertymart boosts affordable housing, allocates plots at Fairmont Hilltop Estate  

Allottees were full of commendations for the Company as they took possession of their plots.

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Leading real estate company, Propertymart Real Estate Investment Limited, has intensified its effort to provide affordable housing to Nigerians with the allocation of plots of land to subscribers at Scheme Two of its Fairmont Hilltop Estate, Alagbado, Lagos.

Subscribers to the residential scheme, an affordable housing initiative, were full of commendations for the Company as they took possession of their plots at the weekend.

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The subscribers, who praised both the scenic hilltop estate and infrastructure already provided by the Company, also hailed the speedy and transparent allocation process.

One of the allottees, Gibson Eze, praised the Company, saying “I’m impressed with Propertymart. I like their customer service in particular and I will be recommending this Estate to others because my experience so far has been excellent. Every one of their activities is documented, and since it’s documented, it gives you the room to have trust. Once there is documentation, trust can easily flow.”

Another allottee, Biodun Koleosho, also praised Propertymart for the excellent layout of the Estate and not using the COVID-19 lockdown to delay allocation of plots.

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He said, “They have done an excellent job of following up on keeping to their word and that is being able to deliver plots to customers. In terms of documentation, despite the COVID-19 lockdown, they got in touch with me and sent me an e-copy of the contract pending when I could come to the office and sign the hard copy. So, despite the challenges of COVID-19, they are still able to deliver as promised.”

Head, Marketing Services, Palton Morgan Holdings, Oluwaseyi Otulana (left), and an allottee, Bosede Otusanya, at the physical allocation of plots of land to subscribers of Fairmont Hilltop Estate, Alagbado, Lagos, at the weekend.

An elated Mrs Abiola Oni also said, “I like the speedy nature of the sale and documentation process. We paid around early February, and here we are in June with our plot. The environment is nice and cool. I am impressed with Propertymart.”

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Mrs Lynda Esohe Ugbesi, who stood in for her brother, Lucky Anthony, couldn’t contain her excitement with the serene Estate. She explained that “The environment is conducive and accessible. The terrain is excellent. I can see flooding won’t be an issue. The allocation process is transparent. I’m happy with the way everything has been done. I was even asking if they have more plots available so that I can tell others about the Estate.”

While commending the beautiful location, another allottee, Timothy Oyeniyi, said he had been on the lookout for a beautiful estate to invest in and that Fairmont Hilltop fit the bill perfectly.

He said, “It is secure from the hustle and bustle of the main Ota; it is close to Lagos. You can jump in and out without having to go through the potholes that many people experience in Ota. It’s a serene environment. That’s what I like about the location itself. And the fact that it’s a border town between Ogun and Lagos States.”

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Speaking about the Estate and Propertymart’s resolve to provide affordable housing to Nigerians, General Manager, Sales and Marketing, Propertymart, Oluwasegun Damiro said, “We are committed to helping many Nigerians own their homes in a safe and secure environment and at pocket-friendly prices.”

He said, “we are for the grassroots and what we want to sell to people, particularly first-time homeowners, is affordability. Inside this Estate, we have some two-bedroom bungalows that we are constructing for people who won’t have time to build and want to save themselves the hassles of buying land and clearing. This is apart from the common land grabbers issue.”

Managing Director, Propertymart Real Estate Investment Limited, Abimbola Arasi (left), and an allottee, Segun Fasasi, at the physical allocation of plots of land to subscribers of Fairmont Hilltop Estate, Alagbado, Lagos, at the weekend.

Damiro added that though plots in Schemes One and Two in the Estate have been fully taken, prospective homeowners can take up the exciting promo offers in Scheme Three which run till the end of June.

“Ordinarily, our plot size is 500 Sqm, but we have 400 Sqm, 324 Sqm and 240 Sqm so that you could pay as low as N5 million. It’s all to encourage people. The promo price for 500sqm in Scheme Three is N7.8 million. That’s a discount of about N2 million from what you have in Schemes One and Two,” he said.

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Damiro further added that Propertymart, which has been in the real estate business for over 12 years doesn’t just sell land, but a lifestyle to its customer.

He said, “We have allocated over 6,000 homes and serviced plots since inception and we are glad that our customers have faith in us. We don’t just sell land. What we sell is a lifestyle. Before people move in, infrastructure is ready. Street light, roads, electrification, which means that even before you start building, you have a planned Estate where you can start dreaming of where to keep a home—your children, where they are going to play. Where you can get your groceries. What we sell every day is a lifestyle, not just the normal Omo Onile.”

Fairmont Hilltop Estate, Alagbado, is part of the ‘The Fairmont’ serviced plots strategically located in Arepo and Lekki-Ajah. They are not only affordable but also allow clients to live in safe, beautiful environments with well-defined perimeters.

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WAeY provides income opportunities for Nigerians amidst and beyond COVID-19

WAeY guarantees that you get your deliveries in the shortest possible time.

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The logistics industry has been one of the unsung heroes in the fight against the Coronavirus (COVID-19). This industry has been instrumental in the continuous movement of the wheels of online commerce. In fact, without the logistics companies, e-commerce would not be nearly as successful as it currently is. Since the outbreak of COVID-19, demand for last-mile logistics has increased significantly as people are more dependent on online stores and e-commerce sites to meet their urgent need for food, clothes, and other home essentials.

The importance of this industry is further evident in the numbers. According to the Global Logistics Market Report, global logistics reached a value of $4,730 billion in 2018 and is projected to reach an impressive value of $6,300 billion by 2024. Bringing it home to Nigeria, the industry has enjoyed steady growth and development and was valued at N250 billion in the 2018 Logistics and Supply Chain industry report. Early on, the sector was dominated by international courier companies until the influx of top e-commerce players who created the need for same-day delivery services at affordable rates, thereby strengthening the growth of the sector.

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In recent years, the logistics industry has benefitted from advancements in technology, integration and globalisation. Some of the notable advancements we have seen include GPS tracking, automated material handling, drones, internet of things, and smart logistics technology. All of these have improved efficiencies along trucking transportation, international transportation, supply chain management and shipment tracking. While not all of these technological innovations are available in Nigeria, several logistic companies have sprung up and are capitalizing on these utilities to enable them deliver superior services such as on-demand delivery.

One of the companies doing this, and expertly so, is WAeY. This platform is leading the pack in making instant deliveries of any type of parcel more convenient and accessible. What WAeY does is to match riders to requests closes to them on an app, ensuring that the often frustrating hurdles you experience with more traditional logistics companies is eliminated completely. Essentially, WAeY guarantees that you get your deliveries in the shortest possible time, a feat that would not be achievable without heavy reliance on technology.

It is also worthy of mention that the WAeY methodology has a ripple economic effect on players within the sector again through its dependency on technology. By giving the customer and business owner the ability to track orders in real-time, it becomes easier to build and renew trust between users and delivery service providers. With trust being a major currency in service delivery, this will inadvertently yield positive results with a promise of up to 80% returns for partners or bike owners according to information available on their social media accounts.

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What is most interesting to note at this time is that WAeY Technology – in partnership with HOR Logistics – is at the moment offering business opportunities for entrepreneurs and those who need a source of income in a time like this. With the growing demand for logistics occasioned by the new normal that the COVID-19 pandemic has introduced, on-demand logistic services are set to thrive. In response to the increased demand, WAeY is offering interested partners an opportunity to come on board. With as low as N600,000, anyone can become a business partner and enjoy access to a bike, medical insurance, training, and more.

As questions continue to swirl around opportunities for economic gain in a post-COVID era, one of the sectors that will surely experience a boom is the logistics sector. Furthermore, its low-cost entry and ability to deliver quick returns makes it a sweet spot for any interested participant. Will you consider this business opportunity with WAeY? You can reach them via email at [email protected].

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