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Glo bags Best Women Enterprise Support Award
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For its remarkable assistance of career women, the grandmasters of data, Globacom, has bagged the Best Women Enterprise Support (Company) Award at the 2018 Nigerian Women Digital Agenda Summits and Awards (NWDAS), organised by the Centre for Cyber Awareness and Development, (CECAD).
The President of CECAD, Dr. Bayero Agabi, opined that while telecoms operators “are the engine rooms for digital liberalisation, Globacom stands out in its support for women in ICT. The company recognises that women are critical to the digital development the nation craves for and goes ahead to support women in the industry”.
Presenting the award to Globacom, President, Women Arise for Change Initiative, Dr. Joe Odumakin said that “there is no way anyone can deny the fact that in terms of data, Globacom has broken the ceiling and the company is not only about talk, it has done so much in terms of investment, empowerment and development of women enterprise in Nigeria and so this award is well deserved”.
Receiving the award on behalf of Globacom, Kemi Fadipe, Acting Head of Unit, Call Centre, said, “We must acknowledge the efforts of individuals and corporate bodies in Nigeria who over the years have shown support for the cause of women empowerment. Nigeria’s digital transformation leader, Globacom, numbers highly on this list of progressive companies which is silently contributing their quota to empowering Nigerian women”.
Globacom, she observed, “believes that women empowerment is a necessary step if a country is to overcome the obstacles associated with poverty and development and one way to empower women is to bring innovative ICT products and services within the reach of all regardless of age, tribe or gender. Globacom since inception has demonstrated that it is committed to liberalising access to telecom services by making them affordable to all classes of Nigerians”.
“Besides, Globacom has been a pillar of support to many female entrepreneurs, assisting them with cutting-edge solutions to enable them compete favourably and advance in their chosen fields. Globacom is also, today, the greatest supporter of entertainment and entertainers, many of whom are women”, she stated.
Fadipe affirmed that Globacom would continue to promote gender equality and fair access to ICT in Nigeria.
The summit held at the Oriental Hotel, Lekki-Expressway, Lagos, was attended by players in the digital communication sector such as the Nigerian Communications Commission (NCC), the Association of Licensed Operators of Nigeria (ALTON), the National Identity Management Commission (NIMC) and Nigeria Internet Registration Association (NIRA).
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.
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
Access Holdings PLC, the parent company of Access
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