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FIRSTBANK ‘VYBES’ NIGERIANS ALL THROUGH DECEMBER

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FirstBank has announced its sponsorship of an array of initiatives to empower the society as well as promote the growth and development of entertainment genres including music, fashion and arts in the country. The yearly partnership tagged FirstBankIssaVybe which kicked off in 2018, is designed by the Bank to create an enthralling and enabling experience for Nigerians especially the young ones in the Yuletide season to bond with family and friends, whilst connecting with their favourite superstars.

From the exciting Alternative Sound 4.0, held at Terra Culture on 5 December 2019 to the unforgettable “An Evening with FBNHoldings” held on 13 December, 2019 to the pleasure overload of Island Block Party at Oniru Lagos on 14 December, lucky customers and followers of the Bank’s social media handles were given free tickets to have loads of fun!

Also, in the bouquet of fun extravaganza was Teni – The Billionaire Experience musical concert held at Eko Hotel on Monday, 16 December 2019 which had many customers thrilled to the finest of tunes by the Billionaire crooner and other guest artistes present.

Youth and teenage fashion lovers are not left out; as with Street Souk, they were exposed to the current trends in the world of creativity in the fashion industry. The event held on Wednesday, 18 December 2019. Keen on getting exposed to the best and latest designs, wears and fabrics in fashion, then the African Fashion Week Nigeria would be your port of call. The event, billed for 20 – 21 December 2019 attracts leading players in the fashion industry and promises to deepen the fashion appetite and interest of participants.

On the 27th of December, it would be the turn of Davido’s Good Time Concert to take Centre Stage and provide opportunities for FirstBank customers to win tickets to have a good time this season. FirstBank will then round up the year in grand style with the much anticipated concert with the Future Live in Concert scheduled for 29 December 2019 at the Eko hotel.

On the Bank’s commitment to vybing the society in December, the Group Head, Marketing & Corporate Communications said “2019 has indeed been a significant year for the FirstBank family being our 125th –anniversary with the celebratory theme ‘Woven into the Fabric of Society’. DecemberIsAVybe is an avenue for us to appreciate our stakeholders for their support by promoting and providing opportunities to grow entertainment industry and empowering young people as jobs are created in this period. It’s an opportunity for those who cannot afford passes to attend key events through giveaways. It is our way of further showing that we are indeed well woven into the fabric of society.”

 

To win tickets for any of these events, join the conversation ‘#DecemberIsAVybe’ by following FirstBank on any of its respective social media handles; @firstbanknigeria on Instagram; @firstbankngr on twitter and FirstBankofNigeriaLimited on Facebook.

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Capital Market

Stock market gains N15bn on MTNN price rally

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The key market indices of the Nigerian Stock Exchange (NSE) on Friday rebounded by 0.12 per cent following price appreciation achieved by MTN Nigeria Communications.

The News Agency of Nigeria (NAN) reports that MTN Nigeria Communication dominated the gainers’ table with N1.10 to close at N16.10 per share.

Vitafoam Nigeria followed with 26k to close at N3.85, while International Breweries added 25k to close at N3.85 per share.

GlaxosmithKline gained 20k to close at N4.80, while PZ Cussons appreciated by 15k to close at N4.50 per share.

Consequently, the All-Share Index which opened at 24,276.56 rose by 29.80 points or 0.12 per cent to close at 24,306.36.

Also, the market capitalisation of listed equities inched higher by N15 billion or 0.12 per cent to N12.679 trillion from N12.664 trillion achieved on Thursday.

On the other hand, Guaranty Trust Bank topped the laggards’ table, dropping 30k to close at N22.45 per share.

United Bank for Africa trailed with a loss of 15k to close at N6.25, while Zenith Bank lost 5k to close at N16.70, per share.

ABC Transport dipped 5k to 51k, while FBN Holdings also declined by 5k to close at N5.20 per share.

An analysis of the activity chart indicates that Sterling Bank was the most active, exchanging 17.66 million shares valued at N22.63 million.

Zenith Bank followed with an account of 7.47 million shares worth N47.06 million, while Transcorp sold 7.41 million shares valued at N4.69 million.

Fidelity Bank exchanged a total of 6.20 million shares worth N11.11 million.

In all, the volume of shares traded closed lower with an exchange of 131.63 million shares valued at N899.49 million in 3,044 deals.

This was in contrast with 192.08 million shares worth N2.47 billion exchanged hands in 3,833 deals on Thursday.

 

(NAN)

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BUSINESS

EKEDC warns against tampering with meters

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Eko Electricity Distribution Company (EKEDC) on Friday said it had intensified efforts to curb cases of meter tampering by customers within its operational network.
Mr Godwin Idemudia, General Manager, Corporate Communications, EKEDC, in a statement issued in Lagos warned that those involved in such nefarious activities would face prosecution.
Idemudia said the warning follows the recent arraignment of three persons before an Ojo Magistrates’ Court on a four-count charge of conspiracy to commit fraud, impersonation, forgery and tampering with electricity installations.
He said the accused persons allegedly received the sum of N70,000 from unsuspecting customers who wanted to get their prepaid meters repaired and placed them on direct connection.
Idemudia said :” It is rather unfortunate that people go about parading themselves as our staff when they are not.
“We will go the full extent of the law and this will serve as a deterrent to others aiming to do same.”
He urged EKEDC customers to always go through the appropriate channels for all complaints or issues and make no form of payment to unauthorised persons or channels.
Idemudia also advised customers to report any staff or partners that make demands on them for EKEDC’s services via its social media platforms and other designated channels.
(NAN)
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Aviation

Ekiti Cargo Airport to be ready in 18 months

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Ekiti Government has said the ongoing construction of the Cargo Airport at Ipogun in Irepodun/Ifelodun Local Government Area would completed in 18 months.

Mr Bunmi Awotiku, the Special Adviser to the Governor on Airport Project, said this when Ekiti House of Assembly Committee on Works and Transport visited the site on Friday at Ipogun.

The News Agency of Nigeria reports that the project started in October 2019.

The Chairman of the House Committee, Chief Olugboyega Aribisogan, said that the airport was a timeless legacy, which would enhance the rapid transformation and development of the state.

Aribisogan, accompanied by other committee members, said they were at the site to examine the level of work done on the project.

The chairman assured that the Assembly would give necessary legislative support to the state Executive to enable it deliver the dividend of democracy to the people of the state

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