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By: Segun Lawal

Frotline innovative financial institution, FirstBank is taking its innovative streak to the University of Lagos, Akoka Campus on Friday, 3rd of August where it will hold an Entrepreneurial Mentoring session.
FirstBank is committed to supporting the growing number of student entrepreneurs across the country, with its Entrepreunal platform tagged – The Entrepreneur Mindset.
The session is expected to be an interactive one, engaging students in discourse while having fun.
Key speakers at the event which promises to be a journey of re-discovery, self – awareness and self-actualization, include Ibukun Awosika, Chairman FirstBank, Babajide Ipaye of Keeks and Azuka Nduaguibe of Clara’s corner.
Budding entrepreneurs on the campus who want to gain financial independence, knowledge and access to products that help solve money challenges are expected to take advantage of this unique entrepreneurial opportunity.
Exciting prizes will also be won at the event which is free.

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BUSINESS

African Development Bank showcases investment opportunities in Africa to Nordic investors

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By: Segun Lawal

The African Development Bank in a multidisciplinary team roadshows has presented financial products and investment opportunities to Nordic investors to leverage more access to financing. The roadshows brought together more than 50 private sector companies, investors and government and public institutions in Norway, Sweden, Finland, and Denmark.

The aim of the event was to bring the Bank closer to customers in order to increase awareness of key private sector stakeholders to understand the Bank’s financial and risk mitigation products for investment projects. The roadshows also generated significant interests of businesses to the Africa Investment Forum, the Bank’s maiden market place, scheduled for November 7-9 in Johannesburg, South Africa.

The first roadshow took place in Norway on 24-25 September, followed by Sweden on September 27- 28. In Finland, the Bank met key private sector companies, private funds, and pension funds from 1-2 October and the final event was in Denmark on October 4-5.

The Bank presented its strategy for the transformation of African economies and showcased investment opportunities on the continent. The highly interactive event targeted commercial banks, institutional investors including pension funds, asset managers and insurers as well as individual investors across the Nordic region.

“Nordic countries are very important for the development of Africa and we want to see more investments coming from these countries. Hence, the roadshow organized to showcase African investment opportunities and to present the Bank as a gateway for their investments”, said Olivier Eweck, Director, Syndication, Co-financing and Client Solutions Department, adding that “several private investors and companies have shown keen interest in the Africa Investment Forum”.

The African Development Bank team discussed key roles in accelerating Africa’s investment opportunities across the Nordic region in line with the Bank’s development priorities for Africa as enshrined in the High 5s.

The Bank sees its partnership with long-term investors from the Nordic region as important and welcomes their perspective and visions to support new investments in infrastructure, and to foster sustainable development initiatives in Africa.

The Africa Investment Forum is a novel platform for international business and social impact investors looking to transact and invest funds in Africa. It will connect investors with both public and private sector projects throughout the continent.

The Bank expects that holding the event under one roof would provide an ideal platform for interfacing with its partners, reduce intermediation costs, improve the quality of project information and documentation, and increase action-oriented engagements between African governments and the private sector.

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BUSINESS

Dana Air Resumes flights at MMA2, Introduces Cash Top-up for Guests

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Following the agreement reached between Bi-courtney Aviation Services Limited (BASL), operators of Murtala Mohammed Airport two, and the Aviation Unions to end the 2-day strike action, Dana Air has resumed flights from the terminal.

The airline in a statement signed by its Media and Communications Manager, Kingsley Ezenwa said ‘we have resumed flights from MMA2 following the agreement reached by MMA2 and the Aviation Unions today.’

‘We thank the Management of Bi-Courtney Aviation Services Limited BASL, operators of MMA2 for considering the economic implications and for putting national interest first in resolving the industrial action.

‘We also wish to thank our teeming guests for their total understanding and cooperation in the course of our temporary relocation to the General Aviation Terminal (GAT) and we hope to continue offering the best of our services which we have come to be known for.”

Kingsley noted that as a result of Dana Air’s core values of improving customer experience, and knack for customer-centric innovations, the airline has also introduced a ‘Cash Top-Up’ concept for members of its loyalty and reward program Dana Miles.

According to him, ‘the Cash Top-up allows our Dana Miles members to top-up their miles with little cash to enjoy the hospitality of our economy or business Class cabin. Our interested Dana Miles members are advised to visit our website: www.flydanaair.com or do an email toDanamiles@flydanaair.com, 72 hours before their preferred flight.’’

‘We are committed to always improving guests’ experience and exceeding their aspirations. We will continue to provide superior and convenient options to all our guests particularly, our Dana Miles guests, to ensure that they get much more value for flying with us.’’ He added.

Dana Air is one of Nigeria’s leading airlines operating daily flights from Lagos to Abuja, Port Harcourt, Uyo, and  Owerri. The airline is reputed for its innovative online products, world –class in-flight service and unrivaled on-time departures and arrivals.

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Banking

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

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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

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