Connect with us
a href="https://www.firstbanknigeria.com/getfirstmobile/">

Banking

First Bank Launches Xplorefirst Savings Promo for Students

Published

on

In alignment with its financial inclusion drive, First Bank of Nigeria Limited has announced a promotional campaign aimed at rewarding its youth segment customers for using their FirstBank XploreFirst Savings accounts whilst also encouraging healthy savings habit. The promo which kicked off on October 1, 2018 is scheduled to run for 6 months to March 30, 2019.

XploreFirst is a FirstBank savings account variant designed specifically for students between the age range of 18 – 29 years.  A minimum amount of N1, 000 is required to open the account and account holders are to maintain a minimum balance of N200 to run the account.

To participate in the promo, XploreFirst customers are encouraged to save or maintain a minimum amount of N10, 000 in their accounts during the promo period to be eligible for the scholarship raffle draw. Incremental deposits of N10,000 in the account entitles the account holder to multiple tickets for the raffle draw.

A total of 198 winners would emerge from the promo with 18 account holders (3 from each of the six geopolitical zones) being rewarded with scholarships of N150, 000 in a grand finale raffle draw and N5,000 airtime as consolation prizes to 180 account holders (5 from each of the six geopolitical zones).

 

According to the Group Head, Products & Marketing Support, Mr. Abiodun Famuyiwa, “FirstBank recognises the impact of a healthy savings culture in promoting financial inclusion amongst individuals, especially the youth. And with the saying, the youth are the leaders of tomorrow, we believe that with XploreFirst account, the youths are well positioned to take the lead in their financial activities through the exciting benefits the account offers.”

So, if you are a student between the ages of 18 – 29 years, take a walk into any FirstBank branch near you to open an XploreFirst account. Start your journey to financial freedom today with Firstbank”.

Continue Reading
Click to comment

Leave a Reply

Banking

FIRSTBANK BOOSTS TECHNOLOGICAL ADVANCEMENT IN BANKING, SETS TO HOST FINTECH SUMMIT

Published

on

In line with its corporate strategy to drive transformation through its products, processes and services, FirstBank has announced a 3-day FINTECH summit themed the future of banking – the role of AI and big data. The event is convened to increase technological support and collaboration with the tech community whilst deepening the Bank’s technological inclusion framework to improve its product offerings and services delivery experience.

The FirstBank 2018 FINTECH summit is scheduled to kick off with a 2-day coding competition – Hackathon – billed for Thursday and Friday 11th and 12th October 2018 whilst the summit holds Wednesday 17 October 2018 with over 700 Fintech players, key stakeholders and tech lovers in attendance.

The Hackathon is projected to focus on Artificial Intelligence and Big Data. 10 teams will be contesting for the grand prize of N3million in a competition to show off their technological and artificial intelligence capabilities with the second and third best teams carting away the sum of N1.5million and N750 thousand respectively.

The 10 teams will also have an opportunity to showcase their solutions at the Fintech summit scheduled for 17 October 2018.

To attend the main event on 17 October 2018, kindly click here to register. Interested participants can also interact with the Bank on Instagram – @firstbanknigeria; twitter – @firstbankngr and First Bank of Nigeria Limited on Facebook

Continue Reading

Banking

Africa Prudential Partners Cooperative Societies on Technology Adoption

Published

on

Africa Prudential Plc, a leading share registration and investor services firm has partnered with the International Co-operative Alliance-Africa (ICA) to deploy technology solutions for a more efficient administration of co-operatives and thrift societies across Africa. The commitment was made public at the 12th African Ministerial Co-operative Conference which was held on October 2 to 5, 2018in Abuja, Nigeria.

The theme for this year’s conference centred on leveraging the recently signed African Continent Free Trade Area (AfCFTA) Agreement. According to the World Co-operative Monitor, the Co-operative bodies provide jobs to the 10 percent of the World’s employed population and generate a towering USD2.1 trillion annual gross turn-over.

Chairman of Africa Prudential Plc, Chief (Mrs.) Eniola Fadayomi, while addressing dignitaries at the conference, noted that Africans need to take the lead in solving the continent’s problem through greater collaborations among countries and the Co-operative Movement. She emphasised that among other benefits, the AfCFTA will create opportunities for greater bargaining power and employment creation on the continent; ultimately reducing the vulnerability of Africa to global shocks. “When we consider the current contribution of the Co-operative sector to economic development in the respective countries on the continent, its role in actualising the objectives of the AfCFTA becomes even more prominent”, she noted.

www.securenigeria365.com

Non-Executive Director, Africa Prudential Plc, Mr. Peter Elumelu; Regional Director/CEO, International Co-operative Alliance – Africa, Dr. Chiyoge Sifa; Chairman, Africa Prudential Plc, Chief (Mrs.) Eniola Fadayomi; and Managing Director/CEO, Africa Prudential Plc, Mr. Obong Idiong at the 12th African Ministerial Co-operative Conference held in Abuja recently.

The Managing Director/CEO of Africa Prudential Plc, Mr. Obong Idiong also noted in his recommendations on technology inclusion in cooperative management, that the company has long recognised the strategic relevance of Cooperatives to economic development across Africa, and that it has been partnering both with Alliance-Africa, and the Co-operative Federation of Nigeria (CFN). “We currently have more than 500,000 cooperators activated on our cooperative manager solution—EasyCoop—which offers end-to-end financial management and member administration, and with a capacity for over 10,000,000 unique users” he explained.

While delivering his Keynote Address, Nigeria’s Vice President, Professor Yemi Osinbajo, who was represented by the Honourable Minister of Agriculture and Rural Development, Chief Audu Ogbeh confirmed that Cooperatives hold a strategic responsibility in the implementation of the county’s Economic Recovery and Growth Plan.

Continue Reading

Banking

United Capital Launches its New, Improved Online Investment Platform, InvestNow.Ng

Published

on

United Capital Plc, a leading financial services group just launched its new, improved online investment platform, InvestNow. The company, which prides itself in being innovative and customer-centric rolled out this platform as part of its retail strategy and unwavering commitment to excellent service experience.

The platform was first released in 2014 as a securities trading platform but has gone through series of upgrades and improvements. Some of the new, unique products and features include the direct debit functionality which helps make saving and investment easy for the customer by allowing for direct transfer from the customer’s bank account to their investment account; the online wills, which allows users to create a will online; and zero account balance which allows customers to open an account without funding their account. In addition to these unique features, the Group also launched a mobile app which will make investing even much easier and more accessible for the user.

L-R: Babatunde Obaniyi – MD , United Capital Investment Banking; Jude Chiemeka – MD/CEO , United Capital Securities Limited; Peter Ashade – Group CEO , United Capital Plc; Tokunbo Ajayi – MD/CEO United Capital Trustees Limited, and Sunny Anene – MD/CEO, United Capital Asset Management, during the launch of United Capital investnow online platform in Lagos, yesterday.

According to the Group Chief Executive Officer, Mr. Peter Ashade who talked to newsmen at the event launch which held in the Group’s Lagos office, “We are extremely excited about this new upgrade. We are always thinking about how to make the customer experience better and InvestNow.ng really speaks to that. Our customers can now invest in our different products on the platform either through the website or with the App. You can buy mutual funds online, trade on the equities market, set up a trust and even write a will.”

Speaking further about the portal, the Group Chief Information Officer, Mr. Joseph Onyema also stressed that the various investment products are consolidated on the portal for ease. According to him, “A big selling point for us is that everything can be done with a single app. You don’t have to download several apps just to trade on the Stock Exchange, to buy mutual funds or to create a will. With InvestNow.Ng, you can have all your investments at a single point”.


l-r: Babatunde Obaniyi – MD , United Capital Investment Banking ; Jude Chiemeka – MD/CEO , United Capital Securities Limited; Omojola Odusanya – Marketing and Corporate Communications Executive; Peter Ashade – Group CEO , United Capital Plc ; Tokunbo Ajayi – MD/CEO United Capital Trustees Limited; Sunny Anene – MD/CEO, United Capital Asset Management ; and Joseph Onyema – Group Chief Information Officer,

United Capital is committed to consistently creating value for its stakeholders and has expressed hopes that the new, improved platform will help drive financial inclusion by ensuring that more people have finance and investment solutions at their fingertips.

United Capital is an integrated financial services group operating in four core business areas: Investment Banking; Asset Management; Trustee Services; and Securities Brokerage Services.
Joseph Onyema – Group Chief Information Officer

 

Continue Reading

Trending