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MTN’s Pulse Invasion thrills youths
Following five days of excitement and fun at the University of Benin (UNIBEN), Benin, Edo State, Nigeria’s Information and Communication Technology (ICT) company, MTN Nigeria, concluded its lineup of Pulse Campus Invasion events for the year.
The Invasion kicked off with games, quizzes and other thrilling activities at the Sales Village located in the popular Basement carpark. Two days after, students were treated to motivational speeches by some of Nigeria’s accomplished entrepreneurs, including award-winning photographer and publisher, Style Mania Magazine, Kelechi Amadi-Obi; life coach and managing consultant, EdgeEcution, Steve Harris and mental health awareness advocate and graphologist, Oladipupo Macjob. The speakers shared thought-provoking insights into their careers and the necessities for success in life and business.
Nigerian music stars, multiple award-winning DJ and music producer, Sodamola Oluseye ‘DJ Spinall’ Desmond, and hype man, Kunle ‘Shody’ Oshodi-Glover, thrilled the students with scintillating performances at the Hall 2 Carpark.
Read ALSO: MTN Nigeria showcases talents at ‘Telco Hack Day’
The experience was sealed with an enlightening customer forum that allowed students and customers to share their concerns and user experience on the MTN network for feedback by officials of the company.
Chief Marketing Officer, MTN Nigeria, Rahul De, stated: “We have found a way to reach millions of young Nigerians in their language with the Pulse offering as well as with the Pulse Invasion series. As with previous years, we aimed to infuse entertainment and entrepreneurship into a holistic experience for the students during the invasion, understanding that we have contributed to hundreds of students acknowledging the value of their talents and understanding the importance of dedication while finding ingenious ways to transform their passion into profit is humbling for us as a company.
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
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