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FCMB Extends Help to Internally Displaced Women in Maiduguri

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As part of its Corporate Social Responsibility (CSR) initiatives, First City Monument Bank (FCMB), in partnership with Sesor Empowerment Foundation, has given succour to some internally displaced women in Maiduguri, Bornu State, Northern East of Nigeria under an economic empowerment programme aimed at alleviating poverty.

The first batch of beneficiaries, 60 women in all, were given initial start-off funds by the Bank on October 20, 2016 at a ceremony in Maiduguri, for the establishment of small scale businesses. The gesture will help them cater for themselves and their immediate families. The beneficiaries also went through training, skill acquisition and other capacity building activities prior to the disbursement of the funds. Thousands of women and children have been made homeless, and driven out of their socio-economic activities due to insurgency in the North East part of Nigeria in the recent years.

Commenting on the initiative, the Group Head, Corporate Affairs of FCMB, Mr Diran Olojo said, “Our Bank is not unaware of the massive hardship faced by thousands of helpless and innocent Nigerians, victims, who have been affected in years of disrupting insurgency in the North East. We are concerned about these people who have suffered serious lack, hunger-induced diseases and absence of adequate medical care, having been denied of peace and completely cut-off from their social life, farming and other economic activities. FCMB is motivated to support government effort in providing for them and forms part of our commitment to enhance the standard of living of the populace’’.

He commended the government of Bornu State, the Federal Government of Nigeria, other organisations as well as well-meaning Nigerians who had made a lot of efforts towards providing succour for IDPs through donation of various materials and achieving sustainable peace to see an end to the crises. Mr. Olojo urged the beneficiaries to make judicious use of the funds.

Speaking at the fund disbursement ceremony, the Bornu State Commissioner for Poverty Alleviation, Hajia Inna Galadima, stated that, ‘’it is gratifying to see corporate organisations support the State government in its effort towards resolving the current challenges faced by internally displaced persons in their various camps in Bornu State. What FCMB is doing today, is very commendable. We want to sincerely thank them and other organisations who have done similar things, assisting our people while we rigorously search for a lasting solution. We also want to call on other well-meaning individuals and organisations to support the effort of government.”

On his part, the Project Officer of Sesor Empowerment Foundation, Mr. Rendrix Berepele, said they were all excited about the incredible project and what it meant for the amazingly strong women who have overcome so much to participate at the event. “We will be mentoring them over the next few months to help them succeed and hope to support more women as time goes on. We also hope that this will encourage other groups to come in and provide sustainable help for the displaced. We need all hands on deck and we are extremely excited to be working with FCMB and the Borno State Government to make a difference. We thank FCMB for their incredible support”, Mr. Berepele enthused.

Sesor Empowerment Foundation is a Non-Governmental Organisation (NGO) working to support survivors of emergencies, especially internally displaced persons through programmes in emergency relief and rehabilitation.

First City Monument Bank (FCMB) is a member of FCMB Group Plc, which is one of the leading financial services institutions in Nigeria with subsidiaries that are market leaders in their respective segments. Having successfully transformed to a retail and commercial banking-led group, FCMB expects to continue to distinguish itself by delivering exceptional services, while enhancing the growth and achievement of the personal and business aspirations of its customers.

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Union Bank, WACOT Rice Kick Off Financial Inclusion Drive for Smallholder Farmers in Kebbi

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As part of Union Bank’s commitment to driving financial inclusion in Nigeria, the Bank has partnered with WACOT Rice Limited – a rice processing company, to financially include 6,000 local farmers including youth and women in Kebbi State.
The Kebbi Financial Inclusion Drive (KFID) which will cover four Local Government Areas – Argungu, Augie, Suru, and Dandi – is a critical part of WACOT’s Argungu Outgrower Expansion Project funded by United States Agency for International Development (USAID) West Africa Trade Hub. This program is set to resolve the overwhelming financial inclusion deficit within rural communities in Kebbi.
The financial inclusion initiative is being implemented with technical support from National Identity Management Commission (NIMC), to help the farmers acquire the relevant documentation and identification required to open bank accounts.
Union Bank will facilitate account opening and expand its agency banking network to cover the areas while supporting its agents on ground with digital banking solutions to enable seamless transacting and account management.
Farouk Gumel, Chairman WACOT and Board Chair, Union Bank was on ground in Kebbi State to kick-off the drive and paid a visit to the Kebbi state Governor, Senator Abubakar Atiku Bagudu to discuss expanding the programme state-wide.
In his recent keynote address at the recently concluded and  Chartered Institute of Bankers of Nigeria (CIBN) Conference, Mr. Gumel said:
 “As we work towards achieving financial inclusion to reach the unbanked, we must commit the same resources and investments to rural-local customers as we have done to urban-global clients to help create the growth that will lift us all to collective prosperity.”
WACOT Rice is a subsidiary of TGI Group. TGI Group, through another of its subsidiary Titan Trust Bank, recently acquired Union Bank in a landmark transaction which was announced in 2021.

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FIRSTBANK PARTNERS VERVE INTERNATIONAL, MAKES CUSTOMERS MILLIONAIRES IN THE FIRSTBANK VERVE CARD PROMO

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In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out their electronic banking transactions.

The ongoing 2-month promo will end on 30 October 2022 as 20 customers (10 customers per month) with the highest transaction count during the promo will be made millionaires, winning the sum of N1 million each. Also, N20,000 will be won by 25 customers monthly.

On the other hand, 2620 FirstBank verve cardholders that double their transactions every week, stand a chance to enjoy 10% cashback capped at N2,000 per customer.

Speaking on the promo Chuma Ezirim, Group Executive, e-Business & Retail Products, FirstBank said “we appreciate our partnership with Verve Card through the years; a partnership of empowerment and opportunities which include growing the economy, supporting new businesses and preventing unemployment. FirstBank verve card holders are encouraged to keep using their cards as it is a card offering that promotes safe, convenient and rewarding digital banking experience with 20 customers standing a chance to be millionaires at the end of the promo.”

Verve card is a secure debit card that allows cardholders to conveniently meet their daily financial needs such as payment for goods and services, airtime recharge, bill payments, funds transfer, etc. Verve card is accepted across all ATMs, POS, Web and Mobile Platforms in Nigeria.

The promo is also opened to new verve cardholders as non-verve cardholders are encouraged to visit the nearest FirstBank branch today to pick up a Verve card and start getting rewarded!

Only recently, FirstBank – in partnership with Verve – rewarded over 2601 FirstBank verve cardholders with various prizes; including N20,000 cash prize, N10,000 cash prize, N10,000 worth of airtime; power generating sets, refrigerator, cooking gas, smart TV and the grand prize of a brand-new car to a lucky winner.

 

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Federal Government Orders University Vice-Chancellors To Reopen Schools, Begin Lectures Amid 7 Months Lecturers’ Strike

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The government issued the directive through the National Universities Commission (NUC), and a letter signed by its Director, Finance and Accounts, Sam Onazi, on behalf of the Executive Secretary of the commission, Professor Abubakar Rasheed.

The Nigerian government has directed vice-chancellors to re-open universities and allow students to resume lectures immediately.

The government issued the directive through the National Universities Commission (NUC), and a letter signed by its Director, Finance and Accounts, Sam Onazi, on behalf of the Executive Secretary of the commission, Professor Abubakar Rasheed.

 

The letter which The PUNCH obtained on Monday, was reportedly addressed to all vice-chancellors; Pro-Chancellors and chairmen of governing councils of federal universities.

 

“Ensure that ASUU members immediately resume/commence lectures; Restore the daily activities and routines of the various University campuses,” the letter partly reads.

We had reported that the National Industrial Court of Nigeria (NICN), on Wednesday, September 21, 2022, ordered the Academic Staff Union of Universities (ASUU) to call off its ongoing nationwide strike.

 

It reported that the umbrella body of the lecturers in public universities had declared a warning strike on February 14, to force the Nigerian Government to implement agreements it earlier signed with the union.

 

The agreement stipulated how university education would be funded for better improvement.

 

The strike has since rolled over and is now in its seventh month following the government’s failure to implement all the agreements.

 

Several meetings between ASUU and the Federal Government have ended in a deadlock.

 

Consequently, the Federal Government went to court to challenge the strike.

 

The government through its counsel, James Igwe, prayed the court for an interlocutory injunction restraining ASUU from taking further steps as regards the strike, pending the determination of the substantive suit.

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