In its usual custom, First Bank of Nigeria Limited is supporting schools with their business requirements to promote preparations for the school year. This, the Bank achieves through its array of educational based products and solutions targeted at enabling schools acquire their required educational facilities to boost the continued expansion of their schools whilst empowering parents and guardians to seamlessly send their wards back to school.
The Bank’s educational products and solutions include the FirstEdu Loan, Operational Vehicle Loan, Term Loans for constructing new sites and extension of existing sites, Personal Loan against Salary (PLAS) and Salary Overdraft (SODA) which enhances parents’ capacity to pay their children’s school fees.
The FirstEdu loan is targeted at private Nursery, Secondary and A-Levels schools. The product offers opportunity for private schools to access flexible funding to meet urgent cash flow needs, replace old furniture and equipment, as well as refurbish dilapidated buildings and classroom blocks. With this product, school owners/proprietors can stay ahead of competition in providing educational services and support to the target population by maintaining acceptable standard infrastructure at all times. This product allows the customer access up to N10 million with no tangible collateral required apart from the domiciliation of school account with the Bank. This reduces the cost of borrowing to the customer and eliminates the challenges posed by the provision of additional demanding collaterals.
The Operational Vehicle Loan is targeted at registered businesses. It allows the entrepreneur to acquire brand new vehicles for the day to day operation of the business. Organisations can take advantage of this facility to purchase school buses in the case of school proprietors and even upscale their staff welfare schemes through provision of staff buses. The product terms and conditions is competitive .
Personal Loan against Salary (PLAS) offers customers in paid employment access to cash to meet immediate financial needs such as payment of school fees, medical treatment, holiday expenses, etc. PLAS has a flexible repayment plan spread up to 48 months for our customers’ convenience. There is no equity contribution or collateral requirement. The Salary Overdraft Account (SODA) is also available to customers who want short tenured overdraft to meet immediate financial needs. SODA can be dispensed as a one-off overdraft for 30 days with up to 40% net salary and a revolving overdraft for 90 days with 25% of applicant’s average previous 3 months net salary. Only a salary account will qualify one to access PLAS and SODA if one works with any of FirstBank’s approved list of employers.
FirstBank’s educational facilities are offered without collaterals. So as the new school term resumes, the Bank has the right products just for you and is poised to constantly provide the platform to support the life styles of its teeming customers. Customers and stakeholders are enjoined to visit any FirstBank branch for further information about its school solutions.
FIRSTBANK BAGS MULTIPLE AWARDS, REINFORCES ITS LEADING ROLE IN PROMOTING CASHLESS TRANSACTIONS
Nigeria’s premier Bank and leading financial services provider, First Bank of Nigeria Limited has in 2019, been conferred with multiple awards cutting across the industry. The Bank which is also commemorating its 125 years anniversary has been widely commended for re-inventing itself and being nimble in its service delivery, whilst painstakingly adapting to the dynamic changes that have enveloped businesses, especially with the advent of globalisation.
In recognition of its high transactional volume and leading role at promoting cashless transactions and financial inclusion in the country, the Bank recently won two awards at the CBN Electronic Payments Incentive Scheme (EPIS) Efficiency Awards. The awards are: Cashless Driver: Highest Volume in Bill Payments and Cashless Driver: Highest Transaction Volume in Real-Time Payments…
FirstBank was awarded the Best Private Bank in Nigeria 2019 by World Finance Magazine and Global Finance magazine. The Bank also won the Bank of the Year in Nigeria 2019 and Best Financial Inclusion Program in Nigeria 2019 by International Investor and Best Banking Brand in Nigeria 2019 by Global Brands Magazine.
At the recently held Asian Banker International Excellence in Retail Financial Services Awards, the Bank bagged the Best Retail Bank in Nigeria as well as Best Process Automation Initiative, Application or Programme awards. Global Banking and Finance Review named FirstBank the Best Retail Bank in Nigeria. while the Most Socially Responsible Bank – Nigeria award was bestowed on the Bank by International Finance Magazine.
Speaking on the awards, Mrs Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, First Bank of Nigeria Limited said: “These awards reinforce our leading role in critical business segments and activities like brand reputation, financial inclusion, digitisation of financial services in the industry. It is a great honour to the Bank and further proof that we are beyond comparison.. The awards are dedicated to our customers who are the centre of our business.
Alienware and Dell To Deliver Supercharge Mobile Gaming and Audio Engineering
Alienware and Dell are tapped into what the community wants – gaming solutions with more performance, portability, display technologies, and community benefits. This year at Computex 2019, Alienware and Dell will deliver on this and more. The new Alienware m15 and m17 as well as the Dell G3 15 are among Dell’s first gaming laptops to showcase a brand-new design and processors that supercharge the PC gaming experience. Two Alienware branded headsets, several new display technologies, a new esports investment in education, blue light reduction, and custom home installation round out the offerings.
“Gamers across the globe have high expectations from Alienware and Dell when it comes to our gaming products and without a doubt our latest announcements will exceed even the highest of expectations out there,” said Frank Azor, vice-president, and general manager of Alienware, G Series, and XPS at Dell. “To get to this point it has taken over two decades of uncompromising commitment to gamers, the collaboration of an incredibly talented and devoted team, and an ever-expanding group of top-tier partners.”
Alienware introduces a totally redesigned Alienware m15 and m17 that is leaner, more advanced and more powerful than its predecessor. With a starting weight under 4.7lbs and 5.8lbs* respectively, Alienware is proud to release its thinnest 15” and 17” gaming laptops to date. Not only do they introduce Alienware’s new Legend industrial design, announced earlier this year at CES, the new Alienware m15 and m17 also introduces innovation culminating from everything the Alienware design team has learned over the years – giving them a clean slate to design around anticipated issues and enabling them to reach new heights in sophistication.
The Alienware m15 and m17 are engineered for gamers who prioritise mobility without compromise to performance by offering Intel processors and NVIDA GeForce GPUs. Numerous display technologies enhance gameplay with the m15 being the world’s first 15” laptop to feature Tobii eyetracking, and the m17 being the world’s first laptop to feature Eyesafe® display designed to lower blue light emissions, while maintaining vivid colour integrity. Gamers can also choose between 144Hz, 240Hz and the newly available OLED displays. The latest Alienware Cyro-Tech 3.0 offers a newly optimized thermal module design to improve cooling performance, increasing airflow by 20% over the previous generation of the m15 and 25% on the m17. Additional design features include an all-magnesium chassis, smooth-edge, narrow-bezel design, re-engineered keyboard, precision-point glass touchpad, SSD-only storage, and per key RGB LED AlienFX lighting.
In its G Series family of gaming laptops for budget-conscious and entry-level players, Dell’s G3 15 comes to this year’s Computex with even more to offer at a competitive price point. Delivering plenty of power and performance, the new Game Shift feature enables maximum fan speed for optimal processor performance during periods of intense gaming with the click of one button. The 15-inch G3 also shows its outward innovations through a thin and sleek design, narrow borders, optional 144Hz gaming display, 4-zone RGB backlit keyboard and a new S-curve design to accommodate larger component ports near the back.
The 9th Gen Intel Core mobile CPUs offer desktop-calibre performance to gaming and creator laptops, delivering up to 5.0 GHz Turbo, 8 cores, and 16 threads, on a platform that handles everything from demanding AAA games to taxing creative workloads like editing and rendering, even when on the go. Complementing this is NVIDIA’s new GeForce GTX 1660 Ti graphic cards, built with the breakthrough graphics performance of award-winning NVIDIA Turing architecture, a blazing-fast supercharger for today’s most popular games. Available on GeForce GTX 1660Ti and RTX 2060, 2070 and 2080 graphics options, HyperEfficient VR technology delivers up to 8-phase graphics voltage regulation and 6-phase processor voltage regulation for longer sustained high-performance.
Listening closely to the gaming community and catering to the needs of different gamers, Alienware is excited to launch the next generation of wired gaming headsets – the Alienware 7.1 Gaming Headset and Alienware Stereo Gaming Headset.
The new range of headsets feature hand-picked 50mm high resolution drivers that have been custom tuned to provide amazing audio clarity. The specially sculpted, deeper audio chambers amplify the resonance and the memory foam ear pads provide a high level of noise isolation. All this is packaged into a sleek, iconic Alienware Legend Design with non-exposed extenders, and a retractable boom microphone that help create a beautiful seamless outline.
Enjoy a fully immersive surround-sound gaming experience with the Alienware 7.1 Gaming Headset, with pinpoint accurate sound positioning and astounding clarity. The retractable boom microphone provides consistent voice clarity in team gameplay. Comfort fit earcups incorporating a hybrid of leatherette, sports fabric and memory foam create a deeper acoustic chamber with noise isolation that complements the high-resolution audio. The cushioned leather headband with the ideal clamp force ensures no slippage during those long hours of gaming.
Created to provide unparalleled clarity, the Alienware Stereo Gaming Headset combines the high-resolution audio of the hand-picked 50mm drivers in custom-tuned audio chambers which allows for fuller, more resonant sound and incredible clarity even during the most chaotic gameplay Combining both plush memory foam and sports fabric in the ear cups and textured fabric headband, the headset provides optimal cooling, comfort and noise isolation during marathon gaming sessions.
Gamers will also enjoy the cross-platform compatibility these headsets provide via the detachable 3.5mm cable that makes it compatible with a variety of gaming platforms.
Dell G7 17” and Alienware m17 will be first to offer next generation Eyesafe® display optimised to reduce blue light exposure. This display option will be added to the Alienware Area-51m in June; Dell plans to expand Eyesafe® display across the entire Alienware portfolio in coming months.
Eyesafe® reduces high energy blue light emissions while maintaining colour accuracy. With many gamers engaging in extended screen time, this added functionality intelligently manages light energy at the source, selectively reducing potentially damaging blue light and dispersing it across the light spectrum. Prolonged exposure to blue light from a typical display may have health impacts that can lead to dry, irritated eyes, trouble sleeping, blurred vision reduced attention span and concentration1.
Alienware has long been ingrained in the esports community as an investor, advocate, fan as well as the gaming system of choice for competitive and professional gamers around the world. As esports continues to increase its global popularity, universities understand the benefits of dedicated technology consultants and solutions and are turning to Dell Technologies to bring esports into their curriculum. With the numbers on the rise accordingly to National Association of Collegiate esports, more than 130 universities belong to the National Association of College Esports, more than 475 colleges offer esports clubs, and 800 high schools in North America now belong to the High School Esports League – delivering opportunities to both the students and the institutions themselves.
Committed to fostering technological literacy among youth, today Dell Technologies’ end-to-end technology solutions equips U.S. educational institutions with the ability to build varsity-level dedicated esports arenas, start esports gaming clubs or build dual-purpose spaces to support teaching, learning, and esports in a single environment. Whether students are competing on their Alienware system or designing games on a Dell Precision workstation, esports give scholars an opportunity to develop skills such as collaboration, strategy, communication and critical thinking. These life-skills are helping to better prepare students for new career opportunities that are arising in the digital era.
“We have to ensure our next generation is equipped with the skills to thrive in a digital world and need as much talent as possible to meet the needs of our future workforce,” said Jeanne Weber, Senior Higher Education Strategist, Dell Technologies. “Dell Technologies has been a partner to the education community for some time; with our commitment to esports and the explosive growth of the game, we are strategically positioned to help support these winning programs across educational institutions of every level, everywhere.”
FirstBank demystifying financial inclusion with XploreFirst
By News Agency of Nigeria (NAN)
Worried by the increasing rate of the unbanked population, the Federal Government, through the Central Bank of Nigeria (CBN), kicked off a campaign in 2012 to achieve 80 per cent financial inclusion of adult population by 2020.
The CBN carried out the campaign through agency banking, mobile banking/mobile payments, linkage models and client empowerment, to reduce financially excluded adult Nigerians from 46.3 per cent in 2010 to 20 per cent in 2020.
According to the CBN, the overall goal of the strategy is to promote a financial system accessible to all Nigerian adults at an inclusion rate of 80 per cent (formal and informal).
However, the 2018 Access to Financial Services Survey findings, conducted by the Enhancing Financial Innovation and Access (EFInA) department of CBN, showed that 36.8 per cent Nigerian adults were still financially excluded.
This translates to a population of 36.6 million adult Nigerians who are excluded at the moment, with 44.1 per cent male and 55.9 per cent female.
The survey also disclosed that the country had a total adult population of 99.6 million, with 39.8 per cent as the banked population, which translates to 39.7 million.
In line with the apex bank’s strategy, some commercial banks have introduced products aimed at promoting financial inclusion, educational development and financial literacy to meet the 2020 target.
For instance, First Bank of Nigeria Limited has since launched a couple of innovative products such as FirstMobile, USSD, agent banking and FirstBillsPay to enhance banking efficiency.
The bank recently added a new scheme, FirstBank XploreFirst, a promotional campaign aimed at rewarding its youthful customers, in line with its financial inclusion and educational development drive.
Chuma Ezirim, FirstBank Group Executive, e-Business & Retail Products, said the six-month promo, which kicked off on October 1, 2018 and ends in May, was a FirstBank savings account variant designed specifically for students between 18 and 29 years.
He said a minimum of N1, 000 was required to open the account and account holders were required to maintain a minimum balance of N200.
To participate in the promo, Ezirim said XploreFirst customers were 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, and that incremental deposits of N10, 000 in the account entitled the account holder to multiple tickets for the raffle draw.
To this end, a total of 198 winners emerged from the promo with 18 account holders (three from each of the six geopolitical zones) rewarded with scholarships of N150, 000 at the final raffle draw totaling N2.7 million.
The 18 account holders who won the N2.7 million scholarships were Chukwuebuka Ezugba, Oluwatunmise Olorunfemi and Michael Offiong for Lagos zone.
North-Central: Patrick Oginni, Aliyu Muhammad, Confidence Umeh; North-East West: Razaq Ibrahim, Habiba Ibrahim, Abdullahi Mannir; South-East: Victoria Umo, Armstrong Akoma and Deborah Fubara.
South-South winners were Woyingi Kunoun, Shulammite Onyigabor, Stephen Okolo; South-West: Adenike Adekale, Dorcas Agbakwuru and Oghogho Onoigboria.
Also, the bank rewarded 180 account holders with N5, 000 (N900, 000) airtime as consolation prizes, five from each of the six geopolitical zones.
Ezirim said the initiative was targeted at the youth, especially those in tertiary institutions and the informal sector to enhance savings culture and drive financial inclusion across the country.
He noted that the initiative would be sustained by the bank in the future in line with the CBN financial inclusion mandate.
Also speaking, Olufemi Odumuboni, the bank’s Head, Youth/Women Banking, said the promo dynamics were centred at making people to engage in financial discipline.
Odumuboni said winners were selected based on certain principles that made them eligible to qualify for the draw.
He explained that apart from the N2.7 million set aside for the yearly scholarships the bank had splashed about N900, 000 on customers that emerged winners at the various monthly draws for data purchase for their mobile phones.
To FBN Head, Retail Business & Community Banking, Mr Abiodun Famuyiwa, the bank embarked on the initiative due to its belief in nation’s building.
“We started this last year and the reason why FirstBank is driving this promo is because of our belief in nation’s building.
“We cannot build a nation without the population, youths populism consists of over 50 per cent of the population.
“And this population of youths we are targeting is those in the campuses, which are actually in need of some kind of support in their education, and this is one of the driving forces of the promo,” Famuyiwa said.
He also noted that the focus of the bank in organising the promo was to have more of the youths in the bank’s database, because traditionally, people associated FirstBank with old people. (NAN)
BUSINESS1 week ago
FIRSTBANK BAGS MULTIPLE AWARDS, REINFORCES ITS LEADING ROLE IN PROMOTING CASHLESS TRANSACTIONS
COLUMNISTS1 week ago
On June 12 We Stand, by Reuben Abati
NEWS1 week ago
June 12 as Nigeria’s Democracy Day & The Danger Ahead
NEWS1 week ago
BreakingNews: Gbajabiamila emerges House Speaker
NEWS6 days ago
REV. MOTHER ESTHER AJAYI PREACHES NATIONAL UNITY AHEAD THE COMFORTER 2019 PROGRAMME
EDITORIAL4 weeks ago
EDITORIAL: Healthcare Reforms in Nigeria; A Mere Political Statement Lacking Commitment
NEWS2 weeks ago
LASG TO RELEASE HOTLINES FOR POTHOLES, QUICK ROAD REHABILITATION – SANWO-OLU
NEWS4 weeks ago
Peace Peace Airlines CEO,Chief (Barrister) Allen Onyema Set for Dad’s Funeral