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Firstbank Partners With Eloy Foundation To Promote The Sustainability Of Female-Owned Small Businesses

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In furtherance of the need to empower female business owners across the country, The ELOY Foundation, in partnership with FirstBank presents the ELOY Foundation Business Shower, created to support female entrepreneurs on their journey to building sustainable businesses. The support from FirstBank will be carried out through the FirstGem loan scheme designed for female-owned or partnered MSMEs and its SMEConnect initiative.

The partnership focuses on key sectors of the economy and is designed to have female entrepreneurs exposed to essential business skills like training, networking, and the ELOY Foundation Business Toolkit, a compilation of business survival skills nuggets. The business shower will avail businesses a platform to pitch their ideas to win seed grants and join the ELOY Foundation Sustainable Empowerment Programme 2022. Participants will also be able to access the FirstGem single-digit loan, where eligible

The ELOY Foundation Business Shower will hold in 5 locations across the country. Kicking off in Lagos on 23 June 2022, the train moves to Port Harcourt on 25 June 2022, then Abuja on 30 June 2022. In July, Kano and Abia will host female business owners on the 2nd and 7th, respectively.

The ELOY Awards Foundation Business Showers will offer an avenue to sustain women’s empowerment by providing entrepreneurial training and mentorship from experienced businessmen and women, arming participants with tools and information to help them grow their businesses.

According to Tewa Onasanya, Founder of the ELOY Awards Foundation, “it is not just enough to talk about empowering business owners, it is very important to sustain empowerment by providing guidance towards their business progress and giving them access to different resources to help them continue to thrive. MSMEs are the backbone of any nation and there is a great need to sustain this chain of the economy. It is on this common ground that FirstBank has partnered with the ELOY Team to contribute meaningfully in empowering women to achieve fulfillment in their chosen business endeavors.“

Speaking on the partnership, Folake An-Mumuney, Group Head, Marketing & Corporate Communications, FirstBank said, “We commend ELOY Foundation for their efforts on this initiative as the continued strengthening and inclusiveness of female-driven business endeavors is essential to the growth of the national economy. We are happy to partner with ELOY Foundation on its Business Shower. Together, we will drive the entrepreneurial viability of participants and expose them to business nuggets that will take their business to the next level.

Woven into the fabric of society for over 128 years, FirstBank plays a leading role in supporting women through strategic empowerment, capacity building, and mentorship programs for women in MSME, leveraging its FirstGem and SMEConnect propositions to women across diverse sectors of the economy as well as strategic partnerships with women empowerment organizations like ELOY.

Registration is currently ongoing for the ELOY Business Shower via the link below.

https://eloyawards.com/eloy-business-shower-registration/

Female business owners are encouraged to send in their business pitch video and business plan for a spot on the ELOY Foundation Sustainable Empowerment Program and a chance to win a grant for their business.

About ELOY Awards Foundation

The ELOY Awards Foundation was launched with the primary aim to empower women business owners through partnerships for access to grants and affordable finance, entrepreneurial training, mentoring, and networking for sustainable empowerment.

The ELOY Awards Foundation is about empowering and challenging thousands of women to be more and do more by providing access to resources and business skills for them to be able to grow, transform and sustain their businesses, which will, in turn, benefit their families and the community at large.

Our watchword is SUSTAINABLE EMPOWERMENT. That is why we have developed programs and initiatives that invest in the success and sustainability of women-owned businesses.

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 150,000 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 10 million cards, the first bank to achieve such a milestone in the country. FirstBank’s cashless transaction drive extends to having more than 10 million people on its USSD Quick Banking service through the nationally renowned *894# Banking code and over 4.5 million people on the FirstMobile platform.

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimized 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 privatization and commercialization schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, with 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 standardize 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

Ekweremadu Narrates How David, “Kidney Donor” Refused To Return To Nigeria

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The former deputy senate president, Senator Ike Ekweremadu, has explained that David Ukpo Nwamini, the would-be kidney donor of his daughter, Sonia refused to return to Nigeria after it was discovered that his kidney was not compatible with his daughter’s.

The Enugu-born federal lawmaker gave the details in a suit filed along with his wife, Beatrice, against the National Identity Management Commission (NIMC) over the controversy surrounding the real age of Nwamini.

Ike Ekweremadu and his wife were recently arrested for allegedly bringing a minor to the UK to harvest his organ. They were subsequently remanded in custody till July 7.

However, Ekweremadu had written to the UK high commission to support the visa application of a “kidney donor” for his daughter Sonia.

Although the UK police said the donor was 15, he was listed as 21 years old on his international passport and the Bank Verification Number (BVN) portal.

In a suit marked FHC/ABJ/CS/984/2022 and filed on June 27 by Adegboyega Awomolo, counsel to the senator and his wife, before Inyang Ekwo, justice of a federal high court in Abuja, the Ekweremadus prayed the court for an order directing the NIMC to supply them with the certified true copy (CTC) of Ukpo’s biodata, The Cable reported.

They also sought an order directing the NIS comptroller-general to supply the applicants with Ukpo’s documents and application form presented for the issuance of his international passport.

The suit is also seeking an order directing Stanbic IBTC Bank and UBA to supply the applicants with the certified true copy of the “mandate card and account opening package of Ukpo’s bank accounts”.

Awomolo, who gave 20 grounds why the prayers should be granted, said Ukpo offered to donate one of his kidneys to the daughter of the applicants if his kidney was compatible.

He said Ukpo informed the applicants that he was 21 years old, after which Ekweremadu supported his visa application to the United Kingdom with a letter to the British high commission in Nigeria, explaining the purpose of the visit.

“After conducting various medical tests, the Royal Free Hospital in London decided that the said David Nwamini Ukpo was not a suitable donor because his kidney is not compatible with that of Sonia Ekweremadu,” he said.

According to Awomolo, Ukpo was then asked to return to Nigeria but rather than do so, he approached the authorities in the UK, claiming he was 15 years old.

“The applicants require documents from the respondents to assist in the fair criminal investigation and as facts in their defense to establish their innocence of the allegation in the charge and to prove that David Nwamini Ukpo is not a minor and indeed consented to the medical examination in the United Kingdom,” he said.

Ekwo fixed July 1 for a hearing of the matter.

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JUST IN: Court Dismisses Kanu’s Application For Revocation Of Bail

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The Abuja division of the Federal High Court has dismissed an application by Nnamdi Kanu, the detained leader of the proscribed Indigenous People of Biafra (IPOB), seeking an order discharging the earlier order revoking his bail.

Justice Binta Nyako in her ruling on Tuesday ruled that Kanu has not provided sufficient reasons to warrant the court to set aside its order.

She accordingly dismissed the application for being an abuse of the court process.

In the dismissed application which was filed by his lead counsel, Chief Mike Ozekhome, SAN, Kanu also prayed for an order setting aside the order made on March 28, 2019, directing for his arrest and continuation of his trial in absentia.

Justice Nyako had, on March 28, 2019, revoked the bail Kanu, ordered his arrest, and directed that his trial should continue in his absence.

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CJN Resignation: Public Confidence In Judiciary System At All-Time Low – Olumide Akpata

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Olumide Akpata, president of the Nigerian Bar Association (NBA) has reacted to the resignation of Ibrahim Tanko Muhammad as CJN, saying public confidence in the judiciary is currently at “an all-time low”.

In the statement, Akpata thanked the retired CJN for his service to the nation and prayed for his quick recovery.

“In the course of previous publications and communications, I have consistently appreciated the outgone chief justice of Nigeria for the cordial working relationship between the bar and the bench under our respective administrations. I must do so again today as he bows out,” the statement read.

“It is however impossible, to consider his lordship’s retirement in isolation of the recent unprecedented developments at the supreme court where 14 justices of the court censured the outgone chief justice of Nigeria over his lordship’s handling of their welfare and related issues.

“Beyond this, there is near-universal agreement that public confidence in the judiciary and indeed the legal profession is at an all-time low.”

The NBA chairman added that “there is now more than ever the need for urgent reforms in the judiciary and to rebuild the almost dissipated confidence that Nigerians have in the judiciary and the wider legal profession in Nigeria”.

“These should form the immediate first tasks for honorable Mr. Justice Olukayode Ariwoola, who is expected to now take over as the acting chief justice of Nigeria,” he said.

“The NBA welcomes the appointment of honorable Mr. Justice Olukayode Ariwoola and pledges its readiness to work together with his lordship and the judiciary in cleansing the Augean Stable and addressing the ills that have continued to plague not just the Judiciary but the entire legal profession.”

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