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Osun Set to Hold Talk on Economy

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Determined to draw the attention of the whole nation to the multi-various positive transformation that has been the lot of Osun State in the last four years in the area of economic development, a large number of professionals based in the state will be coming together under the auspices of a non-governmental organization, the People’s Welfare League (PWL), to organize an economic summit where stakeholders from different parts of the state and nationwide will share ideas on how to safeguard the achievements so far recorded in the areas of economic development and youth empowerment with a view to setting agenda for future improvement.

Tagged Orisun Aje 2014, the two-day summit which will hold in Osogbo, the state capital, between 29 and 30 April is to have the theme Crux of Osun’s Developmental Masterplan:  Analyzing a radical economic Paradigm Shift” .

According to Comrade Biodun Agboola, Coordinator of the Peoples Welfare League, which is the convener of the summit, the programme is expected to capture and expose to the whole world the new potentials and opportunities now opening up in the state as a result of the developmental and transformational strides the state has taken in the past 40 months of the Ogbeni Rauf Aregbesola administration.

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In Agboola’s words, “Osun has been transformed from a backwater, agrarian state into one of Nigeria’s largest and most vibrant economies through a masterful plan that combines prudence, strategic focus and mass talent mobilization. The latest testament to this fact is the Rennaisance Capital’s recent description of Osun as Nigeria’s 7th largest economy even though the state is 34th on the revenue allocation table and there is need to discuss the merits and security of these outstanding economic gains”.

He further stated that “The National Bureau of Statistics has also rated Osun favourably in key areas such as per capital income, employment generation and infrastructure development, among others. The last 40 months have seen the State of Osun transform into a land of increasing opportunities and investment destination with attendant impacts on overall socio-economic vibrancy”.

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Comrade Agboola noted that as the state enters the phase of electing a new chief executive in the approaching August 9 Gubernatorial election, the need to showcase the level of transformation witnessed so far under the Aregbesola administration as benchmark for future rating of whoever will mount the saddle next cannot be over-emphasised.

“Since the administration of Colonel Leo Ajiborisa, our organization has always been on ground to critique the annual budgets and performances of each administration with a view to establishing how people- driven and development-centered the policies are. What Osun has witnessed in the last four years marked a total paradigm shift and a new benchmark which must be properly showcased to the whole world”, he explained.

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Over 60 frontline workers benefit from Health Workers Fund

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Sterling Bank

The N1 billion Health Workers Fund set up to support frontline health workers combating the COVID-19 pandemic has supported more than 60 frontline health workers since it launched in March.

Dr. Olaokun Soyinka, Chairman, Governance Board of the Fund, disclosed this in a statement issued in Lagos over the weekend. The seasoned public health expert and former Commissioner of Health in Ogun State said almost N59 million has been donated to the Health Workers’ Fund by public spirited corporate organisations and individuals.

“We are very proud of our strides so far, and are excited by the opportunity to provide succor to frontline health workers in the country. More than 60 health care workers from different parts of the country have been paid tokens in appreciation of their service at this critical time. We want them to be motivated when they walk into COVID-19 Isolation centres because some of their basic needs are sorted.

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“With the rising cases of infections daily, we urge Nigerians at home and in the Diaspora to donate now in support of frontline health workers wherever they are in the country. They are doing whatever it takes to protect us. We can all play a part in empowering and motivating to function effectively on the job”, Dr Olaokun Soyinka appeals.

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He called on public-spirited Nigerians to contribute their quota by visiting www.giving.ng/covid19 to make donations. Leading the donor’s chart, Sterling Bank Plc, Nigeria’s leading commercial bank, supported the N1 billion Health Workers’ Fund with N25 million.


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FIRSTBANK LEVERAGES TECHNOLOGY TO PROMOTE VIRTUAL BANK ACCOUNT OPENING FOR CUSTOMERS

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Customers

 

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced that it has reinforced its technology infrastructure to enable anyone in the country open a FirstBank account through their mobile phones, without visiting any of its branches nationwide.

 

The investment in the Bank’s mobile banking infrastructure is in furtherance of the need to deepen financial inclusion in the country, enabling account opening to be carried out on its *894# USSD banking, FirstMobile (self-service telephone banking), its website – www.firstbanknigeria.com – as well as the Bank’s staff, through the Direct Sales Executive (DSE) application installed on their mobile phone, ATMs and the bank’s over 55,000 FirstMonie Agents spread across the country. Opening an account with FirstBank through any of these means is seamless, convenient, fast, and user-friendly.

 

The DSE App is an end to end encrypted mobile application installed on the phone(s) of FirstBank staff which enables them to open an account for to-be customers. Upon the completion of the account opening process via the DSE App, the customer is notified of his or her account number through a text message on the mobile phone used to register the account.

 

With FirstBank’s *894# USSD banking, various banking activities are carried out on a mobile phone – across the four major GSM network operators in the country – without the use of the internet. To open an account via this means, dial *894# then select ‘open an account’ to provide the information required or by simply dialling *894*0#. The Bank currently has over 9.5 million of its nearly 20 million customers on its USSD banking platform.

 

The FirstMonie Agent Banking is an agent banking initiative from the bank that is designed to take banking closer to people, thereby bridging the gap between the banked and unbanked. FirstMonie is a channel through which various banking activities like FirstBank account opening, funds transfer, bill payments, data and call credit recharge services, amongst others are carried out. The Agent Banking initiative has also contributed to reducing poverty, being responsible for the indirect employment of over 150,000 people across the country.

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According to Chuma Ezirim, Group Executive, e-Business & Retail Products, First Bank of Nigeria Limited, “beyond opening an account in any of our over 700 branches, we are delighted with the investments at reinventing our business processes over the years, especially with the use of technology. This has been critical to staying relevant in the industry for over 126 years and being the financial partner of the first choice to all our customers and Nigerians, irrespective of where they are.”

 

Creating these virtual ways of opening a bank account with us – thus; the staff DSE App, ATMs, FirstMonie Agents, *894# USSD banking, FirstMobile and our website – reinforces our resolve to ensure that more Nigerians and residents have access to banking, especially through our state of the art financial services and we remain resolute to being the key to banking, enabling business and financial activities that would continue to propel the country’s economic growth and development.

About FirstBank

First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading financial inclusion services provider in Nigeria for over 125 years.

With over 750 business locations and 55,000 Banking Agents spread across 99% of the 774 Local Government Areas in Nigeria, FirstBank provides a comprehensive range of retail and corporate financial services to serve its over 15 million customers. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a Representative Office in Beijing.

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The Bank has been nimble at promoting digital payment in the country and has issued over 10million cards, the first bank to achieve such milestone in the country. FirstBank’s cashless transaction drive extends to having more than 9.5million people on its USSD banking service through the nationally renowned *894# banking service and over 3.5 million people on Firstmobile platform.

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 – 2016) by the globally renowned “The Banker Magazine” of the Financial Times Group; “Best Retail Bank in Nigeria” for seven consecutive years (2011 – 2017) by the Asian Banker International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years. Our brand purpose is to always put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership and people, to position You First in every respect.

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Its Official: Manchester United Finally Seal Odion Ighalo’s Loan Extension Deal

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Manchester United

Manchester United has finally sealed a loan extension deal for striker Odion Ighalo.

Recall that Ighalo’s six months loan deal with the UK-based expired May 31.

Ighalo

However, with a ban on international footballers returning to the country till October, United sought a loan extension with Ighalo’s parent club, Shanghai Shenhua.

The deal will expire in January 31, 2021.

In a statement, the club said: 

“Manchester United have reached agreement with Shanghai Greenland Shenhua to extend the loan deal for Odion Ighalo.

“The Nigerian striker’s stay was initially due to end on 31 May but he will now remain with the Reds until 31 January 2021, enabling him to build on an impressive start to life with the club he supported as a boy.

“Ighalo’s tally of four goals in eight appearances so far includes at least one strike in each of his three starts – against Club Brugge, Derby County (2) and LASK.

“Today’s confirmation is a timely boost for United boss Ole Gunnar Solskjaer, as he continues to prepare his squad for this month’s resumption of competitive football.”

“They [Shanghai Greenland Shenhua] have been great towards us, allowing him to play for his dream club,” Solskjaer said.

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“It’s been a dream for him and hopefully he can finish what he started and win a trophy with us.”

Ighalo scored four times in eight appearances in all competitions before the suspension of the Premier League.

 

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