Connect with us

brand

Fidelity Bank Set To Organise​ Diaspora​ Webinar Series, Deepens Engagement On New Remittances Policy​ ​

Published

on

…. Osinbajo, Emefiele, Prof Benedict Oramah,Dabiri-Erewa To Attend

Fidelity Bank Plc, top Nigerian bank has concluded plans to host its Diaspora​ Webinar Series with the inaugural edition slated for Saturday, March 06, 2021 by 2pm. This virtual session seeks to enlighten Nigerian citizens’ resident abroad on recent policy measures by the Central Bank of Nigeria (CBN) and its attendant implications for​ Diaspora​ investments.​ ​

Rightly themed,​ “The New CBN FX Policy and Positive Impact To​ Diaspora​ Investments in Nigeria”, the session will also aim specifically at providing them with valuable insights, intelligence, and expertise on how to stay on top of their investments back home. ​ ​

​ The event will have in attendance special guests and notable personalities including the Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo who is the Special Guest of Honour and the Chief Host, Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele who will deliver a keynote address at the event.​ ​

Other speakers and panelists at the session include Professor, Benedict Okey Oramah, Chairman/President of African Export-Import Bank, Honorable Abike Dabiri-Erewa, Chairman/CEO, Nigerians in​ Diaspora​ Commission (NIDCOM), ​ Professor Ndubuisi Ekekwe, Lead Faculty, Tekedia Institute and Professor Olawale Sulaiman, renowned Neurosurgeon and Chairman of RNZ Global among others.

Streamed live on YouTube and ZOOM, the Series was borne out of the need to deepen engagement with Nigerian​ Diaspora​ Community particularly as developmental partners considering the critical role remittances play in driving sustainable economic growth.​

Speaking on the webinar, Fidelity CEO, Mrs. Nneka Onyeali-Ikpe stated that the session was most appropriate and timely, adding that “the session will offer the Nigerian Diaspora greater clarity on all of the recent policies enacted by government with a view to enabling them make sound investment decisions”.​

According to Mrs. Onyeali-Ikpe, the bank, in the last twelve (12) years, has become a dependable partner for diaspora remittances and investment.​ Armed with a deep understanding of these customers needs, she ​ went on to explain that the bank has continued to offer bespoke products and services that are unrivaled in the financial services industry. ​ ​

Worthy of mention is the Diaspora Mortgage and Dollar Denominated Fixed Deposit Investment Account that attracts up to 5 percent annual interest depending on the amount and tenure.​ ​

The CBN, as part of efforts to liberalise, simplify and improve the receipt and administration of​ Diaspora​ remittances into the country had issued guidelines to ensure that beneficiaries of​ Diaspora​ remittances through International Money Transfer Operators (IMTOs) receive such inflows in foreign currency (US dollars) through the designated bank of their choice.​ ​

The policy became necessary in view of the urgent need to deepen the Foreign Exchange (FX) market, provide more liquidity and create transparency in the administration of​ Diaspora​ remittances into Nigeria. ​ ​

To register for the webinar, click on the link -​ https://www.fidelitybank.ng/diaspora-webinar/​ ​

The programme will be streamed LIVE on YouTube and ZOOM. For more information, send emails to​ [email protected]​ ​

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

brand

FirstBank Retains Top Spot as Nigeria’s Best Bank for ESG At 2025 Euromoney Awards

Published

on

 FirstBank, the West African premier financial institution and financial inclusion services provider, has emerged as Nigeria’s Best Bank for Environmental, Social, and Governance (ESG) at the prestigious Euromoney Awards for Excellence 2025, held recently in London. This marks FirstBank’s second consecutive win in the ESG category, affirming its leadership in sustainable finance and responsible banking across Nigeria.

The Euromoney Awards for Excellence are regarded as one of the most coveted accolades in the global financial industry. The highly competitive selection process involves rigorous analysis and assessment, measuring performance against strategic and impact-oriented criteria.

The Bank earned the award through its deepened sustainability commitments embedded across its operations and community initiatives. In 2024, FirstBank screened 237 transactions worth over ₦3 trillion for sustainability risks, integrating ESG considerations into its credit framework.

Among its flagship sustainability initiatives, FirstBank commenced a tree planting campaign in partnership with Nigeria Conservation Foundation (NCF), planting over 30,000 trees in 16 locations across Nigeria. This was the first phase of its 50,000-tree initiative, projected to absorb approximately 720 tonnes of CO₂ by the end of 2025, contributing to climate resilience and supporting biodiversity preservation.

FirstBank has been proactive in gender inclusion through the Gender Market Strategy, disbursing over ₦43 billion FirstGem loans to women-led businesses in 2024. The Bank’s commitment to inclusive banking saw a significant increase in the worth of transactions facilitated by FirstMonie agents to over ₦9 trillion.

The Bank prioritises ESG/sustainability capacity building, evidenced by the training of over 9000 employees, and its webinars and workshops reaching over 2,000 SMEs and corporates. The bank’s investment in leadership for over 2,000 female employees through the FirstBank Women Network has demonstrated a dedicated structural commitment to cultivating a knowledgeable and diverse workforce catering to the dynamic ESG landscape.

Commenting on the award, the Chief Risk Officer of the Bank as well as the Chairman of the FirstBank Sustainability Committee, Patrick Akhidenor said, “We are honoured to receive this prestigious award for the second time in a row, which is a validation of our efforts to create a sustainable and inclusive future for all our stakeholders. Our approach to sustainability is hinged on three pillars: education, health and welfare; diversity and financial inclusion; responsible lending, procurement and climate initiatives”

He added: “We remain focused on driving impact through purposeful initiatives and inclusive growth, ensuring that our ESG efforts continue to create meaningful change in communities across Nigeria and beyond.”

The continued success in ESG and sustainability is driven by FirstBank’s vision to be Africa’s bank of first choice, leading with purpose, responsibility, and innovation.

Continue Reading

brand

ZENITH BANK EMERGES NIGERIA’S BEST BANK AT EUROMONEY AWARDS FOR EXCELLENCE 2025

Published

on

  • Photo © 2025 – ASV Photography Ltd.
    www.ASVphotos.com

    ZenithBankPlchasbeennamed“Nigeria’sBestBank”attheEuromoneyAwardsfor
    Excellence2025,emergingasNigeria’sstandoutperformer,andclinchingthebiggestand
    most coveted country award. The award, which was presented to the bank on Thursday, July
    17,2025atThePeninsula,London,isatestament to its commitment to delivering exceptional
    banking services, innovative products and superior value to its customers and shareholders.
    Euromoney’s Awards for Excellence are one of the most highly coveted awards that matter to
    banksandbankerswhomatter.TheannualAwardsforExcellencecelebratesfinancial
    institutions that demonstrate leadership, innovation, and resilience in their markets, with this
    year’seditionseeingarecordnumberofover770entriesfromworldclassfinancial
    institutionsincludingHSBC,MorganStanley,CitiBank,Barclays,StandardBankand
    Development Bank of Singapore (DBS), amongst others.
    Commenting on the award, the Group Managing Director/Chief Executive of Zenith Bank Plc,
    Dame Dr. Adaora Umeoji, OON said, “We are absolutely thrilled to be recognized as Nigeria’s
    BestBankbyEuromoney.Thisawardisnotjustatestamenttoourrelentlesspursuitof
    excellence, but also a validation of the unwavering trust and confidence our customers have
    placed in us. We are once again reminded that our success is not just about us, but about the
    impact we continue to have on the financial ecosystem. We will continue to work tirelessly to
    supportthegrowthanddevelopmentofoureconomyandupholdthehigheststandardsof
    governance, integrity and transparency that has earned us this recognition”.
    She dedicated the award to Zenith Bank’s customers across the globe for their loyalty, and to
    the Founder and Chairman, Jim Ovia, CFR, for his visionary leadership and commitment to
    excellencewhichformedthefoundationforthebank’ssuccesses.Shealsothankedthe
    Boardfortheirguidance,aswellasthestafffortheirunwaveringdedicationtobuildinga
    formidable and best in class global financial institution that will outlive generations.
    ZenithBank’strackrecordofexcellentperformancehascontinuedtoearnthebrand
    numerous awards including being recognised as the Number One Bank in Nigeria by Tier-1
    Capitalforthesixteenthconsecutiveyearinthe2025Top1000WorldBanksRanking,
    publishedbyTheBanker.TheBankwasalsoawardedBankoftheYear(Nigeria)inThe
    Banker’s Bank of the Year Awards for 2020, 2022 and 2024; Best Bank in Nigeria from 2020
    to2022, 2024and 2025,inthe GlobalFinance World’sBestBanks Awards;Best Bankfor
    DigitalSolutionsinNigeriaintheEuromoneyAwards2023;andwaslistedintheWorld
    Finance Top 100 Global Companies in 2023.
    Further recognitions include Best Commercial Bank, Nigeria for five consecutive years from
    2021 to 2025 in the World Finance Banking Awards and Most Sustainable Bank, Nigeria in the
    InternationalBanker2023and2024BankingAwards.Additionally,ZenithBankhasbeen
  • acknowledgedastheBestCorporateGovernanceBank,Nigeria,intheWorldFinance
    CorporateGovernanceAwardsforfourconsecutiveyearsfrom2022to2025and‘Bestin
    CorporateGovernance’FinancialServices’Africaforfourconsecutiveyearsfrom2020to
    2023 by the Ethical Boardroom.
    The Bank’s commitment to excellence saw it being named the Most Valuable Banking Brand
    inNigeria inThe Banker’sTop 500Banking Brandsfor 2020 and 2021,Bank ofthe Year 2023
    and2024attheBusinessDayBanksandOtherFinancialInstitutions(BAFI)Awards,and
    Retail Bank of the Yearfor three consecutive years from2020 to 2022 and in2024 at the BAFI
    Awards. The Bank also received the accolades of Best Commercial Bank, Nigeria and Best
    Innovation in Retail Banking, Nigeria, in the International Banker 2022 Banking Awards.
    ZenithBankwasalsonamedMostResponsibleOrganisationinAfrica,BestCompanyin
    TransparencyandReportingandBestCompanyinGenderEqualityandWomen
    Empowerment atthe SERAS CSRAwards Africa 2024;Bank of theYear 2024by ThisDay
    Newspaper; Bank of the Year 2024 by New Telegraph Newspaper; and Best in MSME Trade
    Finance,2023byNairametrics.TheBank’sHybridOfferwasalsoadjudged‘RightsIssue/
    Public Offer of the Year’ at the Nairametrics Capital Market Choice Awards 2025
Continue Reading

brand

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

Published

on

 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.

Continue Reading

Trending

Copyright © 2025 Newsthumb Magazine | All rights reserved