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First Bank Hosts The Financial Market Dealers Association (FMDA) Quarterly Meeting

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First Bank of Nigeria Limited has announced that it will host the Financial Markets Dealers Association’s (FMDA) quarterly meeting scheduled for 5pm on Friday, 16 September 2022, at Federal Palace Hotels, Victoria Island, Lagos. The event themed “Nigeria Macroeconomic Developments and Outlook: IMF View” will have its keynote address delivered by Ari Aisen, IMF Resident Representative for Nigeria.

In a statement issued by the Acting Executive Secretary, Mrs. Mary Gbegbaje, “The FMDA quarterly meeting serves as a platform for in-depth knowledge sharing, dissemination of information and fostering of business relationships of members in treasury market practice which consists of Treasurers, Analysts and other market players from insurance, pension funds, government and regulatory bodies in Nigeria. Participants at the event include delegates from all banks and invited guest and customers.”

According to Ini Ebong, Executive Director, Treasury, Financial Institutions & International Banking, First Bank of Nigeria Limited “at FirstBank, we are delighted to host the 2022 quarterly meeting of the Financial Markets Dealers Association of Nigeria (FMDA), a platform we consider pivotal to the continued growth of the financial market in the country. We are excited with the successes so far achieved by our noble Association – FMDA – as with the right regulatory and risk management framework, we have been able to impact and promote fairness in the activities of members, whilst providing the enabling environment to promote business performance and positively impact the national economy’’.

With the knowledge and insights shared in the course of the quarterly meeting, we would further deepen our resolve towards the unrelenting role we play in the economy”, he concluded.

FMDA is the principal interface with the monetary authorities through policy advocacy and engagement aimed at promoting sound markets and ethical conducts comparable to international standards that facilitate liquidity, transparency and price discovery and engendering market deepening.

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 128 years.

With over 750 business locations and over 180,000 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 30 million customers. The Bank has an international presence through its subsidiaries, FBNBank (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.

The Bank has been handy at promoting digital payment in the country and has issued over 10million cards, the first bank to achieve such a milestone in the country. FirstBank’s cashless transaction drive extends to having more than 10million people on its USSD Quick Banking service through the nationally renowned *894# Banking code and over 4.5 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 always to 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 the first choice in building your future”. Our brand promise is always to 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.

BIG STORY

Popular Islamic Singer Ibraheem Labaeka Resigns As Kwara Governor’s Special Assistant

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  • Laments Collecting Salaries “For Doing Nothing”

 

Ibraheem Abdulhameed, popularly known as Labaeka, has formally resigned as Special Assistant, Artiste to Kwara State Governor AbdulRahman AbdulRazaq.

Abdulhameed’s resignation was confirmed in a letter dated September 12, 2023.

In the letter, he expressed frustration with his role, citing the lack of a clear schedule of duties and inadequate opportunities to fulfill his responsibilities.

“I cannot continue to break that trust by taking a salary for doing nothing,” he wrote, signalling his disappointment with the lack of clarity surrounding his position.

The letter reads, “I am writing this letter with all sense of humility and gratitude for giving me the opportunity to serve as the Special Assistant, Artiste, in your cabinet.

“Having served in this capacity for a period of 1 year and 7 months, I wish to respectfully tender my resignation.”

He continues, “Your Excellency, as you may recall, I was offered an appointment to serve as your Special Assistant, Artist, on 6th January 2023. I accepted the offer because I saw it as a call to service and an opportunity to showcase my talents.

“Regrettably, I have not been able to achieve any of these things. Aside from the fact that I don’t have a specific schedule of duty, circumstances have not availed me the opportunity to perform my responsibilities maximally.”

He added “since my appointment is based on public trust, I cannot continue to break that trust by taking a salary, for doing nothing”.

“As an Islamic cleric. it is against my beliefs, and I haven’t been at peace with myself. So, I want my salary to be stopped immediately,” he said.

“I am grateful for the confidence reposed in me, and I hope that one day, I will be able to fully utilize my talents for the development of our state.”

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King Charles III Receives President Tinubu At Buckingham Palace

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In a historic meeting, King Charles III welcomed Nigerian President Bola Ahmed Tinubu to Buckingham Palace in London on September 11.

The Royal Family announced the meeting on its verified X handle, @RoyalFamily, stating, “Yesterday, The President of the Federal Republic of Nigeria visited His Majesty at Buckingham Palace.”

This significant encounter marks a milestone in UK-Nigeria diplomatic relations, with the two leaders discussing matters of mutual interest and importance.

While specific details of the meeting remain undisclosed, it is anticipated that key issues such as trade, security, and bilateral cooperation were addressed.

President Tinubu’s visit to Buckingham Palace underscores the strong ties between Nigeria and the UK, as both countries continue to foster a strong and lasting relationship.

According to another tweet on his verified X handle, Special Adviser to the President on Information and Strategy, Bayo Onanuga, recalled that Wednesday’s meeting was the second between both leaders in the last one year.

“President Tinubu visits King Charles in London. They first met in Dubai last November, on the sideline of the COP 28 Climate Summit”, Onanuga said.

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BIG STORY

Husband Dismembers, Blends 38-Yr-Old Model With Blender In Switzerland

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Kristina Joksimovic, a 38-year-old former Miss Switzerland finalist, was allegedly strangled and dismembered by her 41-year-old husband.

According to reports, the husband used a jigsaw and garden shears to dismember Joksimovic, and then allegedly pureed her remains in a blender, as stated by the Daily Mail.

The couple, who married in 2017, resided in a spacious semi-detached house in an affluent area of Basel, and had two children together.

Kristina’s body was found in February in Binningen, near Basel, Switzerland.

Kristina had posted pictures of a ‘couple’s getaway’ on her Instagram account four weeks before her death.

Her husband, identified only by the pseudonym Thomas in local media, had his appeal for release from custody rejected on Thursday by the Federal Court in Lausanne after admitting to killing his wife.

An ongoing investigation has revealed ‘concrete indications of mental illness’ underlying the case.

Kristina’s husband is reported to have claimed he killed her in self-defence after she allegedly came at him with a knife, before later admitting he dismembered the former model.

Kristina’s body was found on the evening of February 13.

Investigators determined she had been strangled before dying.

The verdict states the suspect confessed to strangling his wife.

An autopsy concluded that the body was then dismembered in the laundry room with a jigsaw, knife, and garden shears.

Body parts were then chopped up with a hand blender, ‘pureed’, and dissolved in a chemical solution, local outlet Blick reported.

A medical-forensic report also ‘contradicts his description of self-defence’, according to Swiss outlet FM1 Today.

Thomas, a Swiss national, was reportedly arrested a day after her remains were found.

Investigators have said Thomas, a businessman, displayed a ‘conspicuously high level of criminal energy’ in their assessment.

They cited a ‘lack of empathy and cold-bloodedness after killing his wife’, and his efforts to cover up her death, adding that the defendant exhibited ‘sadistic-sociopathic traits’.

The deceased won the Miss Northwest Switzerland pageant in 2003 and was a finalist in the 2008 Miss Switzerland competition.

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