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Ecobank Day 2020: Medical Experts, Patients  Say “Diabetes Is not a Death Sentence”  

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 Medical experts and patients living with Diabetes have submitted that the dreaded disease is not after all a death sentence but with proper management, those affected could survive and live long. They expressed this view at a webinar to commemorate this year Ecobank Day. Ecobank Day is a special day set aside every year by the Ecobank Group, for management and staff of the bank to embark on Corporate Social Responsibility (CSR) activities that impact its immediate environment and people.   This year’s theme is ‘Take Action Against Diabetes’.

Dr. Mazeedat Erinosho, Public Health Practitioner and Director, Saving One Million Lives Programme, Ministry of Health, Lagos in her presentation titled “Diabetes mellitus and living healthy” opined that Diabetes can be properly managed through healthy living, regular exercise, appropriate medication, eating healthy and keeping blood sugar levels as close to normal, among others. She defined Diabetes as a metabolic disease that causes high blood sugar, noting that untreated high blood sugar from diabetes can damage nerves, eyes, kidneys and other organs. She listed common symptoms to include frequent urinationincreased thirst and increased appetite, adding that if left untreated, diabetes can cause cardiovascular diseasestrokechronic kidney diseasefoot ulcersdamage to the nervesdamage to the eyes and cognitive impairment  and death.

Speaking in the same light, Dr. Mosunmoluwa Obafemi Adio, Consultant Endocrinologist, Presidential Emergency Plan for AIDS Relief (PEPFAR) at University College Hospital, Ibadan, listed different types of Diabetes and some common symptoms such as frequent urination, excessive thirst, weight loss, extreme hunger, vision changes, numbness in the hands or feet, feeling very tired most of the time and dry skin. Dr. Adio who is currently a Consultant Endocrinologist with Evercare Medical hospital,  made a case for regular medical check-up particularly sugar level, eating fruits and vegetables and managing weight loss.

In his testimonial, Alhaji Abdulwahab Dauda, Chairman, Diabetes Association of Nigeria, Lagos Chapter and the South West Region, who has managed the Diabetes for 30 years, commended Ecobank for organising the awareness programme, stressing that the life threatening disease is not a death sentence, as it could be managed.

The 74 years old Diabetes patient linked his survival to discipline and strict adherence to medical prescriptions. “For those of us that are diabetic, the first fact you should know is that it is not a death sentence. Accept the fact and tackle it. Follow doctor’s medications religiously; do not skip your recommended drugs and meals; take your medical kits along with you at all times. I am a living witness that you can survive the disease”.  Also sharing his experience, United States based, Edwin Velarde canvassed for regular exercise, strict adherence to medication and regular check-up.

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FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS

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 FirstBank, a leading financial institution and provider of financial inclusion services in West Africa, announces the achievement of ₦1 trillion in cumulative instant digital loan disbursements. This accomplishment further consolidates the Bank’s reputation for innovation, leadership in financial inclusion, and commitment to customer empowerment within.

Since its inaugural digital loan in August 2019, FirstBank has developed an unconventional and robust digital lending ecosystem designed with Artificial Intelligence and Machine Learning, to improve access to finance, especially to the high-risk customer segment. The Bank created a multi- channel loan disbursement service that requires no collaterals, zero documentation and is void of human interactions. Through its FirstAdvance, FirstCredit and AgentCredit products, 1.5 million unique borrowers enjoyed instant and secure access to credit. This is irrespective of whether they are salary earners, non-salary earners, or micro business owners. They also have the convenient options of accessing these loans through platforms such as *894# (FirstBank’s USSD service), FirstMobile, LitApp and the FirstMonie Agent App.

Regarding this milestone, Chuma Ezirim, Group Executive, e-Business & Retail Products at FirstBank, stated: “This success underscores our ongoing commitment to innovation and a customer-focused approach, which are central to FirstBank’s core values. Beyond achieving substantial figures, we remain dedicated to fostering opportunities for financial independence across Nigeria in particular, and in Africa at large.’’

He added, “We value the trust our customers place in us to support their financial aspirations. Our efforts to advance digital lending will persist, especially to the excluded and underserved customer segments, while effectively managing risks in the process.”

FirstBank currently disburses about N1 Billion daily in digital loans, demonstrating its commitment to fostering an inclusive, technology-driven future for Nigerians. By consistently investing in advanced technologies and developing customised financial solutions, the Bank seeks to improve the financial well-being of individuals and businesses across the nation.

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FIRSTBANK PARTNERS UNGC TO DRIVE SUSTAINABLE FINANCE AND UNLOCK CAPITAL FOR DEVELOPMENT

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FirstBank, the West Africa premier financial institution and financial inclusion services provider, has strengthened its partnership with the United Nations Global Compact (UNGC) to reaffirm its commitment to driving sustainable finance and unlocking capital for development. This ongoing partnership was reinforced at the recently concluded Fourth International Conference on Financing for Development (FfD4) hosted by the United Nations Department of Economic and Social Affairs (UN DESA) in Seville, Spain.

 The FfD4 Conference brought together global leaders, policymakers, and private sector experts to discuss innovative solutions to address the growing SDG financing gap and unlock capital for development in fragile and underserved regions.

FirstBank’s Chief Risk Officer, Patrick Akhidenor, represented the bank at the conference and highlighted two FirstBank flagship initiatives driving resilience finance in Nigeria: The Solar Equipment Financing initiative and the revamped FirstGem Fund. The Solar Equipment Financing initiative offers tailored financing options for the purchase and installation of solar power systems, ensuring access to clean, reliable, and affordable energy solutions. The FirstGem Fund, a women-focused proposition, provides single-digit interest loans to women entrepreneurs without collateral requirements, targeting funding gaps in critical sectors.

‘’We are committed to driving sustainable finance and unlocking capital for development,” said Patrick Akhidenor. “Our partnership with UNGC and participation in the FfD4 Conference demonstrate our dedication to innovative finance solutions that address the SDG financing gap.”

Sanda Ojambo, CEO of UNGC, emphasized the need for innovative, inclusive financial models for underserved regions. “The private sector must play a central role in shaping fit-for-purpose, scalable finance solutions,” she said. “De-risking tools and blended finance can help unlock capital and drive meaningful impact.

FirstBank’s partnership with Development Finance Institutions (DFIs) and its SMEConnect hub demonstrate its capacity to lead efforts in sustainable finance. The bank provides training, networking, and tailored financing to SMEs across various sectors, including education, healthcare, and retail

 

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Access Holdings Reaffirms Strategic Growth Plan from Expansion to Optimisation

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Access Holdings PLC, the parent company of Access
Bank, has reaffirmed its long-term strategic blueprint anchored on a deliberate and
structured progression: scale, optimise, and sustain.
This roadmap, which has driven the Group’s aggressive expansion across Africa and
into key global markets, is now entering a crucial optimisation phase, expected to unlock
significant value for stakeholders as the organisation heads toward 2027.
Speaking on the strategy, Bolaji Agbede, Acting Group Chief Executive Officer, noted:
“Our approach has always been clear: scale first through strategic expansion, then
optimise through consolidation, synergy realisation, and operational efficiency. During
the scale-up phase, a considerable amount of funding is required to drive investments in
people, systems, infrastructure, and acquisitions.
“But as we move deeper into the optimisation phase, we will begin to see the full benefits
manifest, especially in terms of profitability, capital efficiency, and shareholder returns.”
Access Holdings’ five-year strategic plan, which runs through to 2027, also places
financial inclusion and impact at the core of its growth agenda. By expanding digital
access and scaling low-cost delivery platforms, the Group aims to onboard millions of
previously unbanked and underserved individuals and MSMEs across Africa into the
formal financial system. This is part of a broader strategy to enhance intra-Africa trade,
empower smallholder businesses, and strengthen the value chain across key sectors
including agriculture, commerce, and manufacturing.
The Full Year 2024 financial results demonstrate that the Group’s investments are
already yielding meaningful outcomes. Gross earnings rose to N4.878 trillion from
₦2.594 trillion in 2023, while profit before tax increased by 19% to N867.0 billion. Total
assets surged by 55.5% to N41.498 trillion, reinforcing Access Holdings’ position as one
of Africa’s most formidable financial services institutions.
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