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FirstBank Announces Call For Application In The Third Edition Of Its Firstbank Management Associate Programme (FMAP)

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First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the call for participation in the third season of its FirstBank Management Associate Programme (FMAP).

Interested participants are required to submit their application via https://hdbc.fa.em2.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX.

The application is extended to the general public as it closes by 24 March 2023.

The FirstBank Management Associate Programme (FMAP) is a 24-month fast-track comprehensive programme targeted at young, dynamic and highly driven individuals that are passionate about making a difference in the financial services industry. The programme is designed to build the next generation of leaders to drive the Bank’s vision of being Africa’s Bank of First choice.

FMAP equips participants with an extensive wealth of experience comprised of both classroom and real-life work that affords an insightful and balanced insight into the world of work. The programme is targeted at hi-potential young professionals who possess acute thinking skills, financial and methodical skills, and a distinctive ability to communicate effectively and synthesize ideas, information, and data to aid decision-making.

Speaking on the FMAP Season III, Olumuyiwa Olulaja, Group Head, Human Capital Management and Development, said “since its inauguration in half a decade, we are delighted with the giant strides and impact the initiative has had in promoting the career development of emerging talents in the financial services industry as they are instilled with the tenets and ethics of the banking industry in line with global best practice.

The FMAP initiative is amongst the many ways we reinvest in our human capital as we build the next generation of leaders through their exposure to various opportunities essential to preparing their readiness for the future.

Since its launch in 2018, FirstBank has successfully trained and onboarded up to fifty talented individuals in 2 editions (2020 and 2022), who have all been deployed into strategic roles in the Bank and making a difference in the organization, while we continue to support their leadership 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 128 years.

With over 750 business locations and over 200,000 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 with subsidiaries operating in 9 other countries. These subsidiaries are FBNBank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, FBNBank in Ghana, FBNBank in the Gambia, FBNBank Guinea, FBNBank in Sierra-Leone and FBNBank Senegal, as well as a Representative Office in Beijing, China. The Bank has been handy at promoting digital payment in the country and has issued over 12million cards, the first bank to achieve such a milestone in the country. FirstBank’s cashless transaction drive extends to having more than 12million 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

Dangote Sells Fuel Refined From Crude Oil Bought In Naira To Foreign Markets In Dollars — Bloomberg Report

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Investigation reveals that “businessman” Aliko Dangote has signed a contract with “Vitoil” for 5 cargoes of 38,000 metric tonnes per cargo.

One of them is the “CL Jane Austen” tracked by Bloomberg.

The Dangote Refinery has altered the federal government’s petrol supply plan as it began the sale of fuel in dollars to the foreign market, with a vessel (tanker/cargo) already having hauled the product from the refinery to waters off Togo.

The crude oil from which the product was refined was sold to the refinery established by Africa’s richest man in Naira through a government’s template that began in October.

The private refinery, a report by Bloomberg showed, has signed a contract with “Vitoil” for 5 cargoes of 38,000 metric tonnes per cargo.

Investigation by Bloomberg showed that the tanker named “The CL Jane Austen” recently loaded more than 300,000 barrels from Dangote.

The tanker sailed west, according to data from Vortexa, Kpler, Precise Intelligence, a port report, and ship-tracking data compiled by Bloomberg.

“It’s now floating off the coast of Lome, a popular area for ship-to-ship transfers,” the report added.

President Bola Ahmed Tinubu ordered the sale of crude oil to Dangote Refinery in Naira, an order that has been confirmed to have been implemented by the Nigerian National Petroleum Company Limited (NNPCL).

Meanwhile, the new fuel supply deal between Dangote Refinery, which benefited from the crude oil sale in Naira, and “Vitol” is being carried out in dollars.

While the shipment is tiny in the context of the global gasoline market, it signals the ramp-up of Dangote’s production and the potential to export significant volumes of gasoline beyond Nigeria, which could upend regional markets.

The refinery last month shipped its first seaborne fuel cargo to the nearby commercial hub of Lagos.

Whether large amounts of Dangote’s fuel output end up being exported remains to be seen.

A Dangote spokesperson didn’t respond to a request for comment.

Last month, Nigeria ended its state-owned oil company’s monopoly on buying the fuel from the plant for domestic use.

Meanwhile, the country continues to import fuel from Europe and the US.

It’s also not certain where the “CL Jane Austen’s” cargo will ultimately end up.

Although it’s off Togo, the area is often used for STS transfers, meaning the fuel could subsequently be taken elsewhere.

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BIG STORY

Would You Say This If Your Father Was In Government? — El-Rufai’s Wife Tackles Son Over Negative Comments On Tinubu

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Hadiza, the wife of Nasir el-Rufai, former governor of Kaduna, has criticized her son, Basir, for his comments about President Bola Tinubu’s administration.

The two members of el-Rufai’s family exchanged words on X on Tuesday after Bashir claimed that “a mental illness” was “permeating” Tinubu’s media team, following the presidency’s recent attack on former President Olusegun Obasanjo.

On Sunday, Obasanjo referred to the 2023 elections as a “travesty” and suggested that Nigeria should appoint new, credible leaders for the Independent National Electoral Commission (INEC) with short tenures to prevent corruption and restore trust in the institution.

The presidency took offense at Obasanjo’s comments and questioned his moral authority to make such a statement.

Bayo Onanuga, spokesperson for President Bola Tinubu, responded by stating that Obasanjo had overseen the most fraudulent election in Nigeria’s history and that subsequent administrations had been grappling with the “poor choices in economic management made” during his tenure.

In his post, Bashir criticized Tinubu’s media team as “ineffectual clowns” for attacking Obasanjo while “inflation is at 33 percent.”

The post sparked several reactions, including one from Hadiza. The former first lady of Kaduna questioned Bashir, asking if he would “be saying this if your father were part of this government?”

Bashir responded, stating that his father “would have resigned by now due to the failure of the administration.” He added that El-Rufai would have “dissociated” himself from the government.

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BIG STORY

Four Nigerian Students Jailed In UK For Fighting With Knives, Baseball Bats

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Four Nigerian students have been sentenced in the United Kingdom for their involvement in a violent altercation that involved knives and a baseball bat in Leicester.

The incident, which took place on New Park Street in the early hours of November 4, 2021, left one victim with multiple stab wounds.

Following a thorough investigation by the Leicester City Police, authorities identified the culprits through CCTV footage, phone tracking, and public assistance.

The six-week trial concluded in October, and the sentences were delivered on November 14.

A report published on the police website last Thursday provided details of the outcome.

Destiny Ojo (21), of Plumstead, London, was sentenced to seven years for violent disorder, attempted grievous bodily harm (GBH), and GBH with intent.

Habib Lawal (21), of Bexley, London, was sentenced to five years for violent disorder, attempted GBH, and GBH with intent.

Ridwanulahi Raheem (21), of Lambeth, London, was sentenced to three years for violent disorder and possession of a bladed article.

Joshua Davies-Ero (21), of Bexley, London, was sentenced to two years for violent disorder.

A fifth defendant, Justin Asamoah (22), of Merton, had earlier pleaded guilty to possession of a bladed article and is scheduled to be sentenced on November 22.

A spokesperson for Leicester Police praised the public for their help during the investigation and emphasized the importance of addressing violent behavior to ensure community safety.

Detective Constable Sean Downey, commenting on the case, said, “This incident underscores the grave dangers of violent disorder. It is fortunate that the injuries sustained were not more severe or fatal. This could have been a very different investigation.”

He added, “We thank everyone who supported the investigation. As a force, our priority is public safety. Violent behavior will not be tolerated in our communities, and we will continue to take decisive action against offenders.”

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