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GOING CASHLESS THIS SUMMER WITH FIRSTBANK TRAVEL KITS
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Having worked round the clock since the beginning of the year, it is ideal to take out time to relax and rejuvenate. Well, you do not need to wait until the end of the year to unwind as summer is already beckoning on discerning holiday makers to seek refuge in top travel destinations across the world. If you have not jetted out yet due to the stress of traveling, especially the trouble of settling your travel bills, tickets and sundries, you can now do so and seamlessly too with the FirstBank Visa Multicurrency card, which allows you to go full cashless this summer in anywhere in the world. The Visa Multi Currency Card, introduced by First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, is an all-in one-card and first of its kind to be offered by any financial institution in the country. Most importantly, it can be linked to all of the four major currencies namely: NAIRA, USD, EURO and GBP accounts. Beyond the international passport, the card is handy for the Nigerian business traveller and holiday makers, especially this summer period, which comes with lots of expenditures on airfares, hotel accommodations, tour bookings, shopping, theatre/concert tickets among others. The card holders enjoy many benefits including; Point of Sale and online purchases, access to and use of ATMs worldwide, as well, there is no cash collateral requirement prior to its issuance. As expected, FirstBank is delighted in the innovative card, which offers seamless transactions to users, especially holiday makers frolicking in top destinations across the world this summer. Chuma Ezirim, Group Executive, e-Business & Retail Product, First Bank, sees the card as a milestone in the bank’s innovation, saying that, “FirstBank takes pride in pioneering the Visa Multi Currency Card in the country, as we remain committed to providing products and services that are designed to ensure the banking convenience of our customers regardless of their location.” For Ezirim, the card is designed to make traveling fun for the Bank’s customers and to ensure they have a seamless transaction experience during their vacation, tourism and other business-related trips around the globe. Having tested the card himself, he enjoined the Bank’s customers traveling abroad for summer to walk into any FirstBank branch for their Visa Multi Currency Card. While abroad, the bank’s customers can enjoy improved daily withdrawal limits of $1,000 on ATM, $2,500 on POS and $6,250 on web-based transactions. At home, they can withdraw as much as N150 on ATM, N500,000 and N2, 500,000 (from savings and current accounts respectively) on POS – N500,000, and N1,000,000 on web transactions locally.
Also customers who use the Bank’s Naira Master Card (NMC) have no need for BTA/PTA and stand to enjoy seamless transactions this summer with $5000 monthly spending limit and $300 daily ATM cash withdrawal limit. The seamless experience continues with the Visa Gold Card, which offer higher daily spending limit on ATM ($1,000), POS ($10,000) and WEB ($5,000) anywhere in the world. To ensure seamless transaction while on holiday this summer, the Bank urged customers to change their PIN before travelling out of the country to avoid transaction failures/invalid card. However, the Bank assures its customers of safety with additional protection for web based transactions with “Verified by Visa” (VbV) and Chip & PIN technology with a lifespan of 3 years. With safety, the Bank is consolidating on its huge strength, which it assures the customers should rely on to further do business with it, including transactions outside the country as it watches their back with card security features. Presently, FirstBank is the first financial institution in Nigeria to issue a whopping 10 million cards to customers across the country, and now among two other African banks to achieve the milestone. The 10 million cards issuance follows other feats such as the first financial institution in the country to achieve sustained alternative channels transaction volumes of 100 million transactions in December 2015 and May 2016. The most excited in all the achievements is Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited. For him, delivering the Visa Multi-Currency Card feat at this time is a testament to the bank’s drive in delivering to its brand promise of putting customers first and continuously improving its business to serve them better. “One of the ways by which we were able to sustain this winning edge is the use of our instant issuance/instant activation technology, which we pioneered about 10 years ago. We have also consistently maintained the highest active card ratio in the industry. “This feat also implies that our customers are becoming more technology savvy and we would continue to encourage this attitude with our commitment to world class service delivery. Therefore, we must work to ensure optimal performance and availability of all our channels such as ATM, FirstMobile among others to guard against customer dissatisfaction”, explained the FirstBank CEO. However, the feats are being recognised from outside the bank and even by the industry regulators. FirstBank recently bagged a hattrick of awards at the Interswitch Connect Sales Dinner & Awards Night in Lagos recently. The awards are: Most improved Mobile Application, Highest Transacting Bank (across inter-switch’s solution) and Highest Number of Verve Transacting Cards (Unique Cards). Speaking on the awards, Folasade Femi Lawal, the bank’s Head, Card Business, said the awards are indeed a reflection of the trust by Nigerians on the bank’s digital channels as it leaves no stone unturned at reinventing itself, products and services with a view to remain steadfast at being a frontrunner at promoting digitization of the industry.With 125 years of experience in the banking industry, servicing over 15 million customer accounts, over 750 business locations and banking technologies that are well aligned to the fast paced technological advancement in modern day banking, FirstBank assures customers the best of service, security and experience even this summer.Once again, the Bank urges customers traveling abroad for summer to walk into any FirstBank branch for their Visa Multi Currency Card for a seamless holiday experience anywhere in the world.
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GTBANK NAMED BEST OVERALL PERFORMING BANK IN NIGERIA IN THE BANKER’S TOP 1000 WORLD BANKS RANKINGS 2026
Guaranty Trust Bank Ltd (“GTBank” or the “Bank“), the flagship banking subsidiary of Guaranty Trust Holding Company Plc (“GTCO” or the “Group“), has been named the Best Overall Performing Bank in Nigeria in The Banker magazine’s Top 1000 World Banks Rankings 2026.
The recognition reaffirms GTBank’s position as one of Nigeria’s leading financial institutions and reflects the Bank’s consistent delivery of strong financial performance, operational excellence, and sustainable growth. The rankings evaluate banks globally using audited financial results, assessing institutions across financial strength, operational efficiency, risk management, liquidity, growth, and profitability.
GTBank ranked 1st Overall as best performing Bank and also ranked 1st in Efficiency and Soundness. The Bank secured 2nd place in other metrics such as Return on Risk, Liquidity, Growth, Leverage and Profitability, demonstrating exceptional performance across all major Banking metrics
Speaking on the achievement, Mrs Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Being named the Best Overall Performing Bank in Nigeria by The Banker is a recognition that means a great deal to us, not just because of the prestige of the publication, but because of what it represents; the hard work of our People, the loyalty of our Customers, and the strength we continue to draw from being part of the Group. Ranking 1st in Overall Performance, Efficiency, and Soundness reflects our disciplined approach to banking, the synergies we harness across the GTCO Group, and our relentless focus on delivering real value. We do not take this recognition for granted. It deepens our resolve to keep raising the bar, to serve our customers better every day, and to remain a Bank that consistently delivers value to all its stakeholders, and to the GTCO Group we are proud to belong.”
This recognition reinforces GTBank’s position as one of Africa’s leading Banking franchises and reflects the strength of its business model, disciplined execution, and sustained investment in innovation. It adds to the Bank’s growing portfolio of international accolades and underscores its enduring commitment to delivering exceptional customer experiences, driving sustainable growth, and creating long-term value for customers, shareholders, and the communities it serves.
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GTCO Launches Second Edition of #BeatTheDistance Initiative, Donating 3,000 Bicycles Across Six States in Nigeria
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has announced the 2026 rollout of its social impact initiative called #BeatTheDistance.This is a nationwide intervention aimed at supporting school children in underserved communities through the provision of bicycles to ease their daily commute to school.
Marking the second edition of the initiative, GTCO will distribute 3,000 bicycles to schoolchildren across six states in Nigeria—Ebonyi, Jigawa, Benue, Oyo, Akwa Ibom, and Ekiti. The programme builds on the impact of its inaugural rollout in 2019 and underscores the Group’s commitment to improving access to education through practical, community-focused interventions.
By helping to reduce the transportation challenges faced by students who travel long distances to attend school, the initiative seeks to improve school attendance, support learning outcomes, and create opportunities for young people to pursue their education with greater ease and confidence.
Speaking on the initiative, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc, Mr Segun Agbaje, said: “Education remains one of the most powerful tools for transforming lives and creating opportunities. Through the #BeatTheDistance Initiative, we are supporting students whose determination to learn is often tested by the distance they travel each day to access education. By providing these bicycles, our goal is to create an environment where more children can achieve their full potential by reducing fatigue, improving attendance at school, and expanding learning outcomes for children of school age.
He further added: “At GTCO, we believe that meaningful impact comes from addressing real challenges within communities. #BeatTheDistance is one of the ways we are investing in the future by supporting young people and helping to create conditions that enable them to succeed. We remain committed to initiatives that promote inclusion, expand access to opportunities, and contribute to sustainable development.”
The initiative forms part of GTCO’s broader commitment to social impact and sustainable development, particularly in the areas of education, youth empowerment, and community advancement. By helping students spend less time commuting and more time learning, #BeatTheDistance continues to deliver practical support where it is needed most, empowering young people to pursue their education and unlock their full potential.
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ZENITHBANKCHAMPIONSTRADEANDINVESTMENTAT6THCANADA-AFRICABUSINESS CONFERENCE
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ZenithBankPlcreaffirmeditscommitmenttoadvancingtrade,investmentandeconomiccooperationbetweenCanadaandAfricaastheHeadlineConferenceSponsorofthe6thCanada-AfricaBusinessConference, held on Wednesday, 24 June 2026 at Eko Hotel & Suites, Victoria Island, Lagos.OrganisedbytheCanada-AfricaChamberofBusiness,theconferencebroughttogetherahigh-levelCanadian business delegation representing 31 companies, alongside senior government officials, businessleaders, investors, policymakers, diplomats and development partners. The gathering set out to strengthencommercial relations between Canada and Africa and to position Nigeria as a strategic gateway for Canadianbusinesses seeking opportunities across the continent.The Canadian delegation comprised companies and institutions operating across financial services, security,mining andcritical minerals,legal andprofessional services, infrastructure, technology, healthcare, educationand clean energy. Among those present were GardaWorld, Dentons, Baywood Group, Element, Trilliant andother leading Canadian enterprises exploring commercial opportunities and strategic partnerships in Nigeria.The Executive Director of Zenith Bank Plc, Mr. Akin Ogunranti, who delivered the keynote address on behalfof the Group Managing Director/CEO, Dame Dr. Adaora Umeoji, OON, described the conference as a timelyplatform for deepening commercial partnerships between Canada and Africa amid shifting global economicrealities. He underscored Africa’s readiness to lead the next phase of global economic growth, stressing thatthecontinent now possessestheinstitutions,policy frameworks andpartnershipsrequiredtoturn its immensepotential into shared prosperity.“The question is not whether Africa is rich in potential. It is whether we can turn that potential into prosperityour people can feel. For the first time, the answer is yes, because of the machinery we are now building,” hesaid.RepresentingtheGovernorofLagosState,HisExcellencyMr.BabajideSanwo-Olu,thePermanentSecretary, Ministryof Commerce, Cooperatives, Trade andInvestment, Mr. Babatunde Onigbanjo,reaffirmedthe State Government’s commitment to fostering an enabling environment for investment and internationalpartnerships, and highlighted Lagos’ position as Nigeria’s commercial hub and gateway to African markets.“Canada bringstothe tableconsiderable expertise,capital, innovation,and astrong traditionof institutionbuilding.Africa,andindeedLagos,offerscale.Weoffertalent,creativity,marketopportunitiesandanincreasingly sophisticated business environment. Together, these strengths create a compelling foundationfor transformative partnership,” he said.Speaking at the event, the Deputy High Commissioner of Canada to Nigeria, Mr. Carlos Rojas-Arbulú, notedthattheconferencereflectsthegrowingmomentuminbilateralcommercialcollaborationbetweenbothcountries. He said: “The relationship between Canada and Nigeria is not new. It is rooted in diplomacy, trade,education,culture,migration,andshareddemocraticvalues.Buttoday,Ibelieveweareenteringanewchapter: one that is more ambitious, more practical, and more human.” -
TheChairoftheBoardoftheCanada-AfricaChamberofBusiness,PaulaCaldwellSt-Onge,highlightedNigeria’sgrowing economic significance,saying: “Nigeria’s growth isnot theoretical.It is alreadybeing built byNigerian entrepreneurs, investors, financial institutions, innovators and companies whose ambition reachesacross Africa and around the world.”She also acknowledged Zenith Bank’s role in advancing the conference’s objectives, stating: “Zenith Bank isnot only oneof Africa’s leadingfinancial institutions, it isthe capital behindwhat you seehere today, and itrepresents the skill, ambition, discipline, innovation and excellence that this conference seeks to showcase.”Theconferencefeaturedhigh-levelpaneldiscussionsonCanada-Africacommercialrelations,investmentopportunitiesacrossprioritysectors,andtheimplementationoftheAfricanContinentalFreeTrade Area(AfCFTA). The sessions brought together policymakers, business executives and industry experts to identifypracticalpathwaysforstrengtheningcommercialpartnershipsandacceleratingsustainableeconomicdevelopment.The conference is expected to strengthen Nigeria’s attractiveness as a destination for Canadian investment,while opening new opportunities for technology transfer, private sector collaboration, job creation and long-termeconomicgrowth.ItalsoreinforcesNigeria’spositionasastrategichubforbusinessesseekingtoaccess opportunities across Africa under the AfCFTA, supporting the country’s ambition to expand its role inregional and global trade.
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