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DecemberIssaVybe: FirstBank Sponsors Kakadu The Musical [PHOTOS]

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First Bank of Nigeria Limited has announced its sponsorship of Kakadu the Musical, a theatre production from the stables of Playhouse Initiative. The play, which is set to return to stage from 28 to 30 December 2023 at the Shell Hall, MUSON Centre, Lagos, is among the activities lined up in the 2023 edition of FirstBank’s annual DecemberIssaVybe.

Written and produced by Uche Nwokedi, Kakadu the Musical is a reverberating drama of survival and hope that trails the journey of four friends from different tribes – Emeka, Kola, Osahon and Dapo alongside their female counterparts -Bisi, Amonia, Enoh and Hassana as they navigate a crisis that would change their lives forever.

Set in the 1960s Lagos against the backdrop of a famous club Kakadu, the award-winning play will run from December 28 to 30, 2023 at the Shell Hall, MUSON Centre, Lagos. On the heels of its successful performances at the Nelson Mandela Theatre in Johannesburg, South Africa in 2017, Kakadu the Musical will thrill the Lagos audience with this nostalgic story that raises consciousness about friendship, humanity, love and nationalism.

Crafted with an emotional plot, Kakadu the Musical is a pulsating theatrical spectacle that blends Anglo-American soul, pop music with highlife, Afrobeat and Nigerian folk music. Although Kakadu, as a nightclub, is a metaphor for Nigeria’s social reality between 1965 and 1972, the story still resonates with present-day realities.

Kakadu the Musical fuels our collective memory with the truth about the consequences of ethnic bigotry, corruption and abuse of power. Through the plot structure, the playwright seeks to interrogate aspects of Nigeria’s history that obscures national unity.

While announcing the return of this box-office hit, the producer of Kakadu the Musical, Nwokedi remarks that musical promises to be exciting, reviving theatre patronage in the fast-paced city.

“Kakadu the Musical is like fine wine at 10. With the synergy of new and old cast members, the audience will enjoy a most exhilarating fusion of music, drama, fashion and dance. At Playhouse Initiative, we are keen on using these elements of arts to entertain and educate as well as to empower talented youths in the creative industry,’’ he says.

‘’We are excited to announce the return of Kakadu the Musical as the first of several activities lined up in our DecemmberIssaVybe bouquet this year. Kakadu the Musical is a successful export from Nigeria’s growing, admirable and globally renowned arts and entertainment industry. As a Bank woven into fabric of society for over 129 years, our First@arts initiative has played a pivotal role in the recognition of the abundant talents that abound in the country and we remain committed to being at the forefront of nation building; supporting through resourceful partnerships to build the Nigerian creative industry value chain which contributes to Nigeria’s GDP said Folake Ani-Mumuney, FirstBank’s Group Head, Marketing & Corporate Communication’’.

The FirstBank DecemberIssaVybe is a yearly campaign implemented to support the arts and entertainment sector in the country. During the month, the Bank provides more opportunities and platforms for yet another eventful Homecoming Experience for Nigerians. Foreigners are not left out as fun seekers are granted premium access to witness their favourite acts – live on stage and attend in-demand concerts and shows. DecemberIssaVybe is all about memories.

FirstBank has made the 2023 DecemberIssaVybe exciting, as many of its customers and social media followers will not forget the year in a hurry due to the premium experience(s) of participating in various A-list concerts and events, including: Adekunle Gold’s musical concert, Livewire Concert Night of Queen; Asake’s concert, Street Souk at Harbour Point, Duke of Shomolu Productions, Super Family, A True Christmas Story.

To participate, all that is required is to register on FirstBank’s website https://www.firstbanknigeria.com/home/impact/sponsorships/events/decemberissavybe/ and follow the Bank’s social media pages – Facebook: First Bank of Nigeria Limited, Instagram: @firstbanknigeria.

 

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 129 years.

With over 750 business locations and over 215538 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 42 million customers. The Bank has an international presence with subsidiaries operating in 9 other countries. These subsidiaries are FirstBank (UK) Limited in London and Paris, FirstBank in The Gambia, FirstBank in Sierra-Leone, FirstBank in the Republic of Congo, FirstBank in Guinea, FBNBank in Ghana, FBNBank in Senegal as well as a Representative Office in Beijing, China. The Bank is at the forefront of promoting digital banking in the country and has issued over 12 million cards, the first bank to achieve such a milestone.

FirstBank has continued to make significant investments in technology, innovation and transformation, and its cashless transaction drive has been steadily accentuated with almost 22 million active FirstBank customers signed up on digital channels including the USSD Quick Banking service through the nationally renowned *894# Banking code.

FirstBank’s commitment to Diversity is shown in its policies, partnerships and initiatives, such as its employees’ ratio of female to male (about 39%:61%; and 32% women in management) as well as the FirstBank Women Network, an initiative that seeks to address the gender gap and increase the participation of women at all levels within the organization.

In addition, the Bank’s membership of the UN Women is an affirmation of a deliberate policy that is consistent with UN Women’s Women Empowerment’s Principles – Equal Opportunity, Inclusion, and Nondiscrimination.

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 available in Nigeria an internationally competitive world-class brand and a credible financial partner.

For six consecutive years (2011 – 2016), FirstBank was named “Most Valuable Bank Brand in Nigeria” by the globally renowned The Banker Magazine of the Financial Times Group and “Best Retail Bank in Nigeria” eight times in a row, 2011 – 2018, by the Asian Banker International Excellence in Retail Financial Services Awards.

Notably, in 2022, the Bank took a long stride on its growth trajectory with the Bank’s Viability and Long-Term Issuer Default Ratings upgraded to ‘B’ from ‘B-‘ (with Outlooks Stable) by Fitch, a leading global rating agency. This is an indication of the Bank’s strong internal capital generation and the corresponding recession of its risks to capitalisation. Fitch also upgraded the Bank’s National Long-Term Ratings to ‘A (nga)’ from ‘BBB (nga)’, to reflect its improved creditworthiness relative to that of other issuers in Nigeria. Furthermore, the Top 100 African Bank Rankings 2022 released by The Banker Magazine revealed FirstBank’s ranking as number one in Nigeria in terms of Overall Performance, Profitability, Efficiency and Return on Risk.

Other laudable feats in 2022 include FirstBank’s international recognition on major indices by Euromoney Market Leaders, an independent global assessment of the leading financial service providers where FirstBank was crowned:

  • Market Leader: (tier-1 recognition) in Corporate and Social Responsibility (CSR),
  • Market Leader: (tier -1 recognition) Environmental, Social and Governance (ESG),
  • Highly Regarded: in Corporate Banking and Digital Solutions,
  • Notable: in SME Banking.

Also, in 2022 International Finance Magazine named the Bank “Most Innovative Banking Product in Nigeria” and “Best Retail Bank in Nigeria”. FirstBank was also awarded “Best Corporate Banking Western Africa, 2022” and “Best CSR Bank Western Africa, 2022’’ by Global Banking and Finance Magazine. Other notable awards in FirstBank coffers include: “Best Bank in Nigeria” by Global Finance Magazine – fifteen times in a row; “Best Private Bank in Nigeria-2021” awarded by Global Finance magazine; “Best Internet Banking Nigeria” and ‘’Best CSR Bank Africa’’ by International Business Magazine.

In 2023, FirstBank received notable awards including “Best Private Bank for Sustainable Investing in Africa 2023” by Global Finance Awards; “Best Sustainable Bank in Nigeria 2023” by International Investors Awards; “Best Bespoke Banking Services in Nigeria 2023” by International Investors Awards; “Best Financial Inclusion Service Provider in Nigeria 2023” by Digital Banker Africa; and “African Bank of the Year” by African Leadership Magazine.

Our vision is ‘To be Africa’s Bank of first choice’ and our mission is ‘To remain true to our name by providing the best financial services possible. This commitment is anchored on our core values of EPIC – Entrepreneurship, Professionalism, Innovation and Customer-Centricity. Our strategic ambition is ‘To deliver accelerated growth in profitability through customer-led innovation and disciplined execution and our brand promise is always to deliver the ultimate “gold standard” of value and excellence to position You First in every respect.

BIG STORY

BREAKING: Abure-Led Labour Party Asks Peter Obi To Resign In 48 Hours For Joining ADC Coalition

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The Julius Abure-led faction of the Labour Party has given Peter Obi, the party’s 2023 presidential candidate, a 48-hour deadline to resign from the party over his involvement in a newly formed opposition coalition.

In a statement on Thursday, Obiora Ifoh, spokesperson for the party, restated the party’s opposition to the coalition, describing it as a collection of “recycled, desperate and frustrated politicians”.

“Former Presidential candidate of the Labour Party, Peter Gregory Obi has received a 48 hour ultimatum to formally resign his membership of the Labour Party having formally joined the coalition party,” the statement said.

Obi, who was present at the unveiling of the African Democratic Congress coalition in Abuja, said on Thursday that his decision to join the party picked by the opposition coalition was not made lightly.

Ifoh claimed that Obi had been holding secret meetings with some members of the Labour Party to convince them to join the coalition.

“We are aware of several nocturnal meetings between Peter Obi and some of our members, lobbying them to join him in his new party. We’re also aware that a number of them have refused to defect with him,” he stated.

“Labour Party has consistently said it is not part of the coalition, and therefore, any of our members who are part of the coalition are given 48 hours to formally resign their membership of the party.

“Labour Party is not available for people with dual agenda, people with deceptive persona. The party will not avail itself to individuals who have one leg in one party and another leg elsewhere.

“People who, in the morning, claim to be in the Labour Party and in the evening are in the coalition.

“Nearly 70 percent of the Nigerian population are youths who are tired of the old order, tired of gerontocrats deciding their fate.

“The new Nigeria that the youths are dreaming of is not what can be realised from what we are seeing in the coalition.

“These people are opportunistic politicians who are only interested in relaunching themselves into the circle of power — people who are desperate to continue holding on to power.”

The spokesperson also stressed that the Labour Party remains focused on Nigeria’s progress and called on members to remain committed and uphold the party’s structure.

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BIG STORY

US Court Jails France-Based Nigerian Ofioritse Jemide 41 Months For $8m Fraud

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A Nigerian residing in France, Newton Ofioritse Jemide, who was extradited to the United States for his role in an $8m disaster fraud scheme, has been sentenced to three years and five months in prison.

Jemide received his sentence on Tuesday from Judge Deborah K. Chasanow of a US District Court.

Earlier report had it that Jemide, aged 47, was extradited from France after being found guilty of fraudulently acquiring federal grants intended for vulnerable US citizens.

According to the US Department of Justice, Jemide and his associates stole the identities of US citizens to open Green Dot accounts, which were then used to apply for federal benefits meant for wildfire victims between 2016 and 2017.

The US DoJ explained that Jemide and others in Nigeria instructed their partners in the US to purchase hundreds of Green Dot debit cards.

It said, “Co-conspirators living in Nigeria then registered the cards with Green Dot using stolen personal information from identity theft victims around the United States.

“As a result of fraudulent submissions, FEMA and the other federal agencies deposited benefits onto the Green Dot debit cards.

“Jemide and select co-conspirators informed other co-conspirators when the fraudulent funds became available on the debit cards and gave them information to cash out the funds from the cards in exchange for a commission.”

The US DoJ noted that Jemide and his accomplices took measures to hide their identities by using others to make purchases and withdrawals, conducting transactions at various stores and banks, and purchasing money orders made out to different individuals or businesses.

Providing an update on the case, the US DoJ stated in a release on its website on Wednesday that “FEMA dispersed $500 per claim on the Green Dot debit cards that the co-conspirators purchased for a total of at least $8 million.”

After pleading guilty, Jemide was sentenced to 41 months in prison followed by three years of supervised release.

The court also ordered him to pay $520,431 in restitution and to forfeit $311,036 to the US government.

“US District Judge Deborah K. Chasanow sentenced Newton Ofioritse Jemide, 47, a Nigerian national extradited from France, to 41 months in federal prison for his role in a scheme to fraudulently obtain federal benefits.

“Jemide will also serve three years of supervised release, and pay $520,431.83 of restitution, and a forfeiture money judgment was entered against him in the amount of $311,036.64,” the statement concluded.

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BIG STORY

Coalition’s Move To ADC Marks Formal Collapse Of PDP —- Aviation Minister Keyamo

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Festus Keyamo, minister of aviation, says the recent move by the opposition coalition to adopt the African Democratic Congress (ADC) signifies the complete breakdown of the Peoples Democratic Party (PDP).

On Wednesday, ADC was announced as the official platform for the opposition coalition aiming to challenge President Bola Tinubu in the next election.

The event brought together politicians from major political parties, including the Labour Party (LP), PDP, and the ruling All Progressives Congress (APC).

Commenting on the development, Keyamo explained that under the law, no individual can belong to multiple political parties simultaneously, stating that the open declaration for ADC clearly shows the politicians involved have abandoned their former affiliations.

He said the development has strengthened the APC’s chances in the 2027 general election.

“The emergence of ADC as presently constituted marks the formal dismemberment of the PDP, hitherto Nigeria’s strongest opposition party,” he said.

“Majority of the old guard in the PDP (who have apparently lost control of the Party) have been pushed out of the party by the younger Turks within the PDP. That is why the gathering today was a conglomerate of ‘former this’ and ‘former that’ of the PDP.

“No matter how you look at it, this is just Atiku’s faction of PDP in desperate search for the 2027 presidential ticket — nothing more, nothing less.”

Keyamo pointed out that some APC members who joined ADC had either worked against Tinubu or lost their constituencies in the 2023 elections.

“Their movement takes nothing away from the APC; it is actually better for the party as it removes internal dissenters,” he said.

“The other addition to the so-called ‘coalition’ is a sprinkling of APC members who actually worked against President Bola Ahmed Tinubu in the last election and one or two APC leaders who lost their constituencies to opposition parties in 2023.”

He also discussed the political dynamics involving Peter Obi, the Labour Party’s 2023 presidential candidate, suggesting that the coalition leaders intend to benefit from Obi’s support base without granting him the presidential ticket.

Keyamo cautioned that denying Obi the ticket could cost the coalition his supporters, particularly in the south-east and south-south regions where Obi performed well in the last election.

“The person who the old, cunning guards want to take for a ride in all of this is Peter Obi. They want his votes, but don’t want to give him their Presidential ticket, because this is Atiku’s show simpliciter,” he added.

“That is why David Mark is the interim chairman. Those who know politics know what I am saying. But if you do not give Peter Obi the Presidential ticket, you lose his supporters.”

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