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FCMB Opens Flexx Hub, Creates Fun Banking Arena for Youths

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First City Monument Bank (FCMB) Limited is set to launch its first Flexx Hub, an exclusive banking arena for its youth customers who hold a Flexx account. The flagship Flexx Hub is located at Lagos University Teaching Hospital, popularly called MediLag and the bank has unveiled a week-long launch event which began on Monday July 18, 2016 with exciting and fun activities to culminate in the Grand Opening of the Flexx Hub this Friday, July 22, 2016.

 

With a rich and deep content format hardly seen before now, the Flexx Hub Launch Week will feature a line-up of activities including appearances by popular celebrities, such as music artistes, DJs, photographers, Radio On-Air-Personalities, personal finance planners, entrepreneurial coaches and much more. In addition, there will be music, dance, game shows and talent contests, where participating youths will get a chance to win a daily Smartphone prize and stand a chance to win the Grand Prize of a Hyundai Veloster in the ongoing Flexx Promo.

 

Speaking on the Flexx Hub launch and what makes Flexx different from the generic offering for young people in the Nigerian Banking space, the Divisional Head, Retail Banking at First City Monument Bank (FCMB), Mr. Olu Akanmu said,

 

Flexx is not just an account but a lifestyle platform that offers a customer experience centred around Fun, Future and Banking. The tripod of ‘FFB’ is served through digital channels that fit into the lifestyle of the Flexx target market which include the Mobile App, a Microsite and an Online Account Opening platform, all of which allow a potential Flexx customer open an account with FCMB without having to visit a branch. What the physical structure of the Flexx Hub brings to the table is a further  simplification of banking as we know it and a place for young customers to breeze through those unavoidably physical‎banking transactions, while enjoying access to free extras such as wifi, charging ports etc. Ultimately, the goal is to demystify and remove the rigours of banking, so that members of the youth market are happy to come “Flexx @ The Hub” whenever the need arises. This is the first Flexx Hub we are opening, with many more to be opened in campuses across Nigeria before the end of 2016″.

 

 

FCMB’s Flexx proposition is targeted at young people who are actively seeking platforms which allow them to express their uniqueness, while building skills for financial success. A youth-centric banking product, Flexx is designed to meet the overall financial needs of young people within the age range of 18 and 35 years, where and how they want those needs met. This is summarized in the description of Flexx as “An app. A card. An account”, which gives account holders the freedom to bank on the go using the Flexx Mobile App. The Flexx card makes it convenient for them to withdraw cash, make payments online and on Point-of-Sale machines, as well as access exclusive discounts and freebies from Flexx partners. In addition to all of these, Flexxers‎get access to relevant fun and lifestyle information, as well as entrepreneurial tips, guides and events that help them build skills needed to achieve life aspirations and survive in the real world. This interesting departure from the common market offering gives the account holder a unique opportunity to “flexx” (a popular expression which means to “show off”) and express a lifestyle that will be the envy of their peers who do not have a Flexx account.

 

 

While responding to why FCMB is investing so heavily in banking solutions that foster youth capacity building, the Group Head, Corporate Affairs of the bank, Mr. Diran Olojo said,

“The youth segment is critical to our success as a retail brand. We are positioning FCMB as a youthful, vibrant and accessible brand and this segment is instrumental in harnessing that positioning for various reasons, including the population size in comparison to other segments, being about 42% of Nigeria’s population, reference to a National Bureau of Statistics’ report. In addition, we believe our differentiated approach with the Flexx account of focusing not just on fun and lifestyle, but also on their future and helping them develop the skills they need to succeed as entrepreneurs and business people is something that is attractive to the youth. This is a very important aspect in helping them to prepare for a successful future.”

Mr. Olojo said the Bank is focusing on the opportunity to develop sustainable relationships with the youth segment, even though they may currently have little disposable income.

 

“Our investment in this segment in the short term is to onboard them as early adopters and provide them with a platform that encourages sustainable self-development as we partner them through various life cycles into adulthood”, the FCMB brand custodian, concluded.

 

First City Monument Bank (FCMB) Limited 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 customer experience, while empowering its customers to achieve their aspirations.

 

First City Monument Bank (FCMB) Limited

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Netizens Slam Senator For Donating Burial Materials To Constituents Amidst Hardship

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Netizens have taken a swipe at Senator Rufai Hanga, who’s representing Kano Central Senatorial District, for donating 5,000 pieces of white fabric and clay pots to his constituents.

We gathered that the donation came amidst hardship that is currently rocking the country.

The donation is meant to assist with the burial process for loved ones, in response to the frequent requests for burial assistance from constituents.

Premium Times reports that Dawuud Auwal, one of Hanga’s social media aides, announced the donations on Facebook.

Auwal reportedly wrote, “We are used to these frequent requests from people soliciting money to buy white cloths and clay pots. Some have requested vehicles for transporting the dead.”

The senator, whose district covers 15 Local Government Areas, is an accountant who has been representing Kano Central since 2023, on the platform New Nigeria Peoples Party.

The Senator’s gesture is said to be in line with the traditional Muslim burial customs observed in the North.

White fabric is traditionally used to wrap the deceased, followed by broken clay pots as the initial covering before burial in sand.

Netizens have criticised the donation on the grounds that the Senator ought to have built hodpitals to attend to the the health of the people. They added that what the people need succour to ameliorate the hardship occassioned by the high cost of foodstuffs and not burial materials.

A pro-Hausa organisation, which uses the handle @VoiceofHausa, said, “This is a constituency project of Sen. Rufa’i Sani Hanga, Senator representing Kano Central.

“Instead of building hospitals, he distributed 5,000 pots and white cloths for the burial of the people of his senatorial District.”

SILAS TAFI-WARWAR, tweeting as @silastafi, said, “I don’t understand…. Is he wishing them dead or something?

“What is the rationale behind this gift or donation? Constituency project or something?

“In the face of hunger, serious hardship and unemployment! This is all He can do?”

A tweep, FAISAL, who identifies as @Iamumarfaisal, said, “This should be his personal assistance to his community as an influential and wealthy person. But making this look [like] a performance index being a Senator is shameless and denigrates the people he represents. We can do better Arewa.”

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Viral list of ex-govs under investigation over alleged corruption false, misleading – EFCC

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The Economic and Financial Crimes Commission, EFCC has refuted a purported list of former governors under investigation for alleged corruption, which has now gone viral.

There were reports in the media that 58 former governors were under the investigation of the anti-graft agency over alleged corruption.

The former governors, according to reports, were accused of misappropriating N2.187 trillion over 25 years.

The 58 former governors were being probed, while others have been investigated, and prosecuted.

Reacting to the development, the EFCC spokesman, Dele Oyewale, in a statement on Sunday, described the reports as false and misleading.

He said, “the so-called list is a disingenuous fabrication designed to achieve motives known only to the authors.

“The Economic and Financial Crimes Commission, EFCC, feels obliged to dissociate itself from a phantom report circulating in sections of the media claiming it has released a full list of ex- governors being investigated for alleged corruption.

“The report headlined: “EFCC Releases Full List of 58 Ex- Governors that Embezzled N2 .187 Trillion”, in one of the news outlets, is false and mischievous as the Commission neither issued the said list nor entertained discussions on investigation of ex-governors with any news medium.”

The anti-graft agency, however, urged the public to disregard the report, saying “it is false and misleading.”

It also urged media practitioners to crosscheck facts about matters under investigation with the Commission to avoid misleading the public with false and inaccurate reports.

Recall that the EFCC has been probing some former governors over allegations of corruption and misappropriation of public funds.

The anti-graft agency is probing former Governor, Yahaya Bello of Kogi State.

He has been arraigned on 19 counts bordering on alleged money laundering, breach of trust, and misappropriation of funds to the tune of N80.2 billion.

According to the EFCC, the embattled ex-governor withdrew $720,000 from the state’s accounts to pay his child’s school fees in advance just before he left office on January 27, 2024.

The EFCC said Bello moved the money from the state coffers to a Bureau de Change operator, and used the money for his child’s school fee in advance.

 

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Dangote University explains how female student died in her off-campus apartment

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Tragedy struck on Thursday at the Aliko Dangote University of Science and Technology, Wudil, Kano State, when a female student, Aishat Yahaya Olabisi, was found dead in her off-campus apartment.

Olabisi, a 300-level female student of Food and Science Technology, was said to have been found dead after she returned to her room from the school.

The deceased student was said to have written her first examination in the ongoing first-semester examination at the university on the fateful day.

One of the male students who spoke to PUNCH Online on condition of anonymity on Saturday blamed her sudden passing away on examination pressure.

“The deceased was hale and hearty before she went out to write her first examination in the ongoing first-semester examination,” the student said.

However, following reports in the media that the female student died in the university students’ hostel, the Management of the university clarified the misinformation.

In a statement by the Dean, Students Affairs of the university, Prof. Abdulkadir Dambazau, dated 3rd May 2024, refuted the media claims.

The statement titled “Clarification Regarding False Statement About Student’s Death” read, “It has come to our attention that a recent statement made by DLC Hausa and some media outlets regarding the discovery of a student’s corpse at the students’ hall of residence is entirely false. We wish to address this matter promptly and unequivocally refute these claims.

“On 23 April 2024, we received news about the untimely passing of Yahaya Aishat Olabisi, a diligent and bright student of ADUSTECH Wudil. Aishat spent her last evening engrossed in her studies, diligently preparing for upcoming examinations. The following morning after a shared breakfast with her roommate and a heartfelt conversation with her father, she expressed her intent to rest briefly before resuming her studies. However, destiny had a different plan.

“In the early afternoon of the same day, concerns arose when Yahaya Aishat Olabisi did not respond to attempts to reach her. Upon investigation, it was discovered that she had passed away in her sleep in her off-campus residence. Immediate measures were taken, and she was swiftly taken to the university clinic, where her passing was confirmed by medical professionals.”

The statement added that Olabisi’s remains had been transferred to the Aminu Kano Teaching Hospital for postmortem analysis.

“Given the circumstances, her remains were transferred to Aminu Kano Teaching Hospital for postmortem analysis to ascertain the cause of her sudden demise. Meanwhile, her grieving parents, who hail from Ilorin arrived the following day to bid farewell to their beloved daughter.

“In honouring her memory and bidding her farewell, Aishat was laid to rest on 24 April 2024, surrounded by family, friends, and members of the academic community who mourned her loss deeply,” the statement added.

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