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Another Milestone Achieved : FirstBank Disburses N1 Billion In One Day , Via Agent Credit Scheme

Firstmonie Agent Credit Scheme is a FirstBank’s digital lending solution designed to empower a wide range of low-income individuals who face barriers in accessing traditional credit channels.

This innovative program offers financial support to Firstmonie Point-Of- Sale agents by enabling them to overcome liquidity challenges and capitalize on new opportunities without disruption in business due to lack of funds in agents accounts.

The Agent Credit scheme is aimed at bridging financial gaps and solving liquidity challenges, resulting from depleted account balances, even when the Agents have physical cash at hand.  The scheme helps them to run business effectively by providing digitalized loans which is convenient, seamless and easily accessible via the Firstmonie App.

Agent Credit is a groundbreaking innovation that elevates the Agent experience. This game-changing scheme digitalise loan application processes and enables agents access to digital loans with greater ease. By proffering varieties of value-added services for Agents this unlocks new business opportunities, eliminates lengthy payment delays, and provides agents with instant access to loans, hence revolutionizing the way they operate and assures their entrepreneurial success.

For over 131 years, FirstBank has been a giant advocate for their customers, enabling their success by providing a secure and trustworthy environment for their financial transactions. Agent Credit is a testament to FirstBank’s commitment to empowering their agents and elevating their business experience.

Reiterating the Bank’s role in deepening financial inclusion in the country, Chuma Ezirim, Group Executive, e-Business & Retail Products, said “With this innovative solution, we are bridging the financial gap and providing our agents with the necessary tools to succeed in today’s fast-paced market. By extending credit facilities with a low interest rate, increasing eligibility loan amount as transaction increases and streamlining loan application processes, we are confident that Agent Credit will revolutionize the way our agents operate, enabling them to reach new heights of success and growth. FirstBank remains committed to financial literacy and inclusion, empowering individuals and communities to manage their finances effectively”.

The creation of Firstmonie Agents was in compliance with the Central Bank’s directive for all banks to expand banking to all the unbanked areas of the country in order to create financial inclusion across the nation.

By expanding financial services to rural areas, FirstBank creates employment opportunities and drives economic growth.
The presence of banking agents in all the nooks and crannies of the nation was accomplished by FirstBank within a short period of time such that by December 2021 they had covered 772 out of the existing 779 Local Government Areas in Nigeria.
These services help businesses grow and innovate, while initiatives like Agent Credit promote financial inclusion, education, and access to financial services, ultimately contributing to economic development.

Since the creation of Agency Banking, the ease of access to business and indeed personal funds has been great.   Many lives were lost in the past through travels from villages or rural settlements to the city in order to use banking facilities. Today, “Mobile ATMs” as the agents are fondly called are equipped to carry out services which includes account opening, cash deposit, cash withdrawal, bills payment, and money transfers.

 FirstBank has undergone several transformations, constantly adapting to the changing financial landscape, pioneering various banking solutions to meet the needs of its diverse customer base. The bank’s retail banking division has been instrumental in providing accessible financial services, contributing to the nation’s economic development.
The scheme offers more than funds, the Agents are trained regularly, exposed to technology and other incentives like bespoke award events where attractive prizes are won.

Disbursing N1 billion in a single day to its Agents through the Agent Credit Scheme is a significant milestone by the Nation’s Pioneer Financial institution.

This accomplishment underscores FirstBank’s commitment to financial inclusion and its innovative approach to retail banking. Since its launch in 2020 the Agent Credit scheme has provided solutions to the agent’s pressing needs by providing quick access to affordable credit facilities, enabling them to manage liquidity challenges and expand their businesses.
 Agents can access up to N1.5m with loans disbursed in under a minute through the Firstmonie App. The facility is not only super-fast, it offers a flat interest rate of 0.3% with flexible repayment terms, making it an attractive option for agents seeking to increase their operations.

Since its inception, the bank’s Agent Credit Scheme has disbursed over  N571 billion empowering over 37,000 Firstmonie Agents in 3million loan counts, reinforcing FirstBank’s commitment to supporting Firstmonie Point-Of- Sale agents and promoting economic development. A testament to FirstBank’s Retail Banking leadership.

 The successful disbursement of N1 billion in a single day through the Agent Credit Scheme highlights the bank’s innovative approach to retail banking and its dedication to financial inclusion.

By leveraging technology and a vast Agent network, the bank has transformed the banking experience of millions of Nigerians especially those in remote and underserved communities.  FirstBank’s retail banking strategy, characterized by customer-centric solutions and digital innovations continues to set industry standards.

 The bank’s efforts have not only enhanced financial access but also contributed to job creation and economic empowerment across the country.

By empowering Firstmonie Agents with the necessary tools, resources and incentives, FirstBank fosters a more inclusive financial ecosystem, ensuring that banking services are accessible to all Nigerians, regardless of their location.

 As FirstBank continues to innovate and expand its retail banking services, it remains steadfast in its mission to be the partner of first choice in building the future of its customers and the nation at large.

Source: Tosin Ajayi

Asamani Recommends Project Efficiency To Tackle Shrinking Aid

George Asamani, Managing Director, Project Management Institute, Sub-Saharan Africa has called on African countries and Nigeria to brace up in the face of a possible 37% drop in donor contributions, with Washington   potentially withdrawing entirely.

In a statement made available to the media and signed by Mr. Asamani, he said that “In Africa, where public debt levels are already placing pressure on national budgets and fiscal space is increasingly limited, improving efficiency in infrastructure delivery is no longer optional; it is essential.”

“If the funding tap is tightening, the only viable response is better stewardship of the remaining resources. That means placing execution, how projects are delivered, at the centre of fiscal policy,” he added.

The announcement of deep cuts in US development assistance has cast a long shadow over Africa’s infrastructure ambitions. The African Development Fund, the continent’s principal vehicle for concessional financing, now faces a possible 37% drop in donor contributions, with Washington potentially withdrawing entirely, according to the Centre of Global Development.

In March this year, the US withdrew from the Just Energy Transition Partnership, to which it had initially pledged more than $1.5-billions of grant and commercial funding.

Asamani said, “Even if these cuts prove to be temporary, the damage may not be. Recovering lost momentum could mean sacrificing years of economic growth, delaying critical infrastructure projects, and widening the development gap.

According to him, ‘If the decline signals a more permanent shift, then the implications are even more profound. Rather than wait for fortunes to swing again in their favour, African governments must take proactive steps to secure their development trajectories.”

The Managing Director, Project Management Institute, Sub-Saharan Africa also stated that as development partner contributions shrink, governments across the continent will need to take on a greater share of project financing through their own national budgets. That reality is sobering, but it also presents a compelling opportunity to reimagine public investment through the lens of discipline, delivery, and results.

In recent years, many African economies have faced a challenging paradox: rising investment in infrastructure has not always translated into timely project delivery. Historically, PMI data has reported that roughly 10% of project investment is wasted due to poor project performance. Let’s take the global construction market, which is projected to reach approximately $17.05 trillion this year, and poor project performance, like going over time or over budget, could cost it more than $1 trillion.

In Africa, he said, where public debt levels are already placing pressure on national budgets and fiscal space is increasingly limited, improving efficiency in infrastructure delivery is no longer optional; it is essential. If the funding tap is tightening, the only viable response is better stewardship of the remaining resources. That means placing execution, how projects are delivered, at the centre of fiscal policy.”

He said; “Professionalising project management in the public sector is the single most powerful lever African governments can pull to stretch limited budgets. That said, professionalising project delivery is not without its challenges. Many governments still contend with institutional constraints, limited technical capacity, and high turnover in public sector roles. These realities underscore the need for long-term investment in skills development.

“Even a modest 10% improvement in project delivery efficiency could translate into billions in savings, resources that could be redirected toward critical sectors such as education, healthcare, and public safety. In essence, stronger project management leads directly to better development outcomes, without placing additional tax burdens on citizens or increasing national debt,” Asamani said.

There is also a long-term political dividend, he enthused. “When governments consistently implement visible, high-impact infrastructure projects, they build public trust, foster investor confidence, and stimulate employment. In the context of a rapidly growing youth population and pressing job creation needs, infrastructure delivery should be positioned not merely as capex but as an instrument for inclusive growth and economic resilience.”

In today’s constrained environment, Africa can no longer afford inefficiency. Every missed milestone, budget overrun, or failed audit is not just a governance issue—it’s a tax on future generations. That is why national treasuries must begin to view project management capability as a strategic economic asset. Government ministries should collaborate to embed delivery units staffed by qualified project professionals.

Of course, embedding this level of project management rigour will not happen overnight. Strengthening delivery capability across ministries is a medium-term reform, but one that must begin now if future infrastructure investments are to deliver their intended outcomes. Multilateral lenders such as the ADF should also consider making project management discipline a condition for financing to help ensure that funds are effectively used and that projects deliver their intended impact.

“Africa’s infrastructure agenda is too important to fail. But success will not be driven by donor generosity alone. It will depend on national leadership that prioritises competence and refuses to compromise on execution,” he concluded.

Enugu Govt Commends NIS For Arresting Suspected Ritualist

Enugu Govt commends NIS, police for suspected ritualist's arrest – Newswire  Law and Events
LarryBravo Nwaiwu
The Enugu State Government has reacted to the arrest of the fleeing suspected ritualist and kidnap kingpin, Obi Levi Obieze, by men and officers of the Nigeria Immigration Service along the Badagry-Seme Road, commending the vigilance of the officers.
The government, which also disclosed that the suspect’s mansions at his Umumba Ndiagu country home in Ezeagu LGA of Enugu State have already been demolished by the authorities on Tuesday in line with extant laws of Enugu State regarding property linked to kidnapping.
Reinforcing this, a statement by the Secretary to the State Government, Prof Chidiebere Onyia, on Friday, assured that the suspect would face the full weight of the law.
“The Enugu State Government received with delight the news of the arrest of the fugitive suspected kidnap kingpin and ritualist, Levi Obieze, by the officers of the Nigeria Immigration Service.
“This arrest has further strengthened our hands in our bid to ensure that justice is served on all the persons involved in the gory incidents of abduction, kidnapping, and ritual killings linked to the suspect.
“As usual, the Enugu State Government has already demolished the property in his country home on Tuesday, May 27, 2025 in line with Section 315 (Second Amendment) of the Criminal Code Law, Cap 30, Laws of Enugu State, regarding property linked to kidnapping.”
The government equally commended the vigilance of the community members, civilian and state security operatives for bursting the crime, saying it would not condone the acts of criminality under any guise.
“This administration will not condone any form of criminality in our communities under any guise. Therefore, this is also a call on community leaders – traditional rulers, Presidents-General of Town Unions, Neighbourhood Watch, among others, to be watchful and report such persons to government and security agencies. Those who cover up for such criminals will also be treated as accomplices,” it concluded.
Enugu Bags Hosting Right For NAFEST 2025 

LarryBravo Nwaiwu

 

Enugu State has bagged the hosting rights for the 2025 National Festival of Arts and Culture themed “Connected Culture.”

 

Handing over the hosting rights to Governor Peter Mbah at the Enugu State Government House, the Director-General of the National Council for Arts and Culture, Obi Asika, said that the choice of Enugu for the event, which takes place from November 22 to 29, 2025, was based on the city’s rich history, cultural heritage, potentials, and recent developments which he described as ‘great things happening’ in the state.

 

This was even as Governor Mbah, promised participants a most memorable NAFEST experience.

 

Asika said, “Enugu has been on the news nonstop for great things. We see what is happening and we are proud of what you are doing and we want to be part of it. My supervising minister – the Honourable Minister of Art, Culture, Tourism and Creative Economy – is happy about NAFEST coming to Enugu.

 

“Enugu is one of the best cities in Nigeria and you have one of the best governors in Nigeria. We have been observing everything you have been doing.

 

“It will interest you to note that NAFEST was established by the Federal Government as a platform to unite Nigeria after the civil war, and interestingly, the first edition was hosted in Lagos after the civil war and the East Central State won it. Since then, the only time the event was held in Enugu was 2008. That was 17 years ago.

 

“But it is coming back. We see what Enugu is doing and I want to commend it. We also see especially some of the investment that you are putting in the Awhum Water fall, the Nsude Pyramid Canopy Walkway and other great things.”

 

The Director-General, said the event, which would bring over 30 states of the federation and over 5,000 competitors and foreign participants to experience Enugu, would contribute to the economic growth of the state and empower the youth.

 

“Enugu has a lot of limitless possibilities. I watched the Enugu Tech Festival and I love it. Enugu has a lot of schools than many states in Nigeria and NAFEST has a capacity-building side that will empower and upscale the capacity of these young ones to give them opportunities into the future.

 

“There are opportunities in NAFEST for the creative people, digital people, the content creators, the poetry people. Enugu has a strong background in masquerade and wrestling. These are some of the elements that are part of NAFEST,” he concluded.

 

Reacting, an elated Governor Mbah, said NAFEST hosting rights furthered his administration’s agenda to bring 3 million visitors to the state, annually, adding that Enugu was purpose built for such events, given the aesthetic, landscape, and the topography, and infrastructural transformations going on.

 

“Enugu lends itself to arts and culture. So, this is a situation where opportunity meets preparation. I can assure you that you are going to have one of the most memorable NAFEST events because we are ready and we are hungry for it.

 

“One of the major transformational agenda of this government is to make here one of the top three economies and the premier destination for business, leisure, living and tourism. We have set a target to attract 3 million visitors every year. So, this is already like a marriage made in heaven. We are going to do everything to ensure that the objective of the NAFEST is achieved and we provide you with the environment,” Mbah said.

 

He equally highlighted the progress and huge investments in the security of lives and property, assuring all participants of their safety.

 

“Today, I can assure you that we are one of the safest states to live in because we have built infrastructure to ensure that we nip crime in the bud. But we are not resting on our laurels. We will continue to build on that,” he concluded.

Anambra Govt Tours Ọgbọ-Ọgwụ Market 

. Expresses Satisfaction Over Market’s Situation
Worried by the various reports circulating on various social media platforms claiming that Ọgbọ-Ọgwụ Market, Bridge Head, Onitsha, was still closed, the Anambra State Government, on Wednesday, May 27, 2025, embarked on a fact-finding media tour of the market to ascertain the true situation on the ground.
The government team, comprising the Information Commissioner, Dr Law Mefor, and his counterpart in the Health Ministry, Dr Afam Obidike, walked round the market and interacted with some traders, the NAFDAC representative and the market leadership.
According to the Information Commissioner, Dr Law Mefor, who spoke to journalists amid some traders after the market tour, the visit was a follow-up on the governor’s earlier visit in February to ascertain whether the market was still closed.
“We are here for three reasons. One is to follow up on the earlier visit by the governor in February, when the Ọgbọ-Ọgwụ Market was closed. The governor made a passionate appeal to NAFDAC, asking them to quickly reopen the market to alleviate the sufferings of the people. As a committed and compassionate governor, he will always do all he can to ensure that the people do not suffer unduly. I also wanted to ascertain whether or not the market is still closed as claimed on the social media and still under lock and key.
“I can see for myself that the market has been open since March. We have met with the leadership of the Ogbogwu Market, the Director of Investigation and Enforcement of NAFDAC for South South/South East, and we have been able to ascertain how far they have gone in making sure that the Ọgbọ-Ọgwụ Market is running the way it should. From the Director of Enforcement and the union in the market, we learned that up to 95% of the shops are now open, and there are still a few shops under lock and key for two reasons. Some because the owners say they don’t have the kind of money being requested as a fine. There are some shops whose owners are reluctant to show up to be profiled for reasons best known to them.
“Overall, I think we are satisfied. For shops that are yet to be reopened, we will continue to support our governor to continue to put pressure on NAFDAC so that the remaining shops are reopened. It’s very important,” he said.
Also speaking, the Commissioner for Health, Dr Afam Obidike, assured that the drug market with full facilities for proper drug storage under construction in Oba will be completed as scheduled, even as he reminded the traders of the government’s commitment to their welfare.
Also in an interview, the Deputy Director, Investigation and Enforcement for the South South/South East Region of NAFDAC, Pharm. Omoyeni Babatunji said that the data they captured identified people with their shops, adding that 95% of the shops in the market have reopened.
In his remarks, the Ọgbọ-Ọgwụ C.T.C. Chairman, Hon. Ndubuisi Chukwuleta, explained that the market has been open since 7th March, 2025, when NAFDAC finished their work.
According to him, “The exercise did not take place only here in Anambra. It’s the same in Lagos, Aba. And everyone, both in Lagos and Aba, is paying the fines based on what was found in one’s shop. There’s a sketch of the Connected Wholesale Centre (CWC), the federal government brought out for the four centres – Lagos, Kano, Abịa and Anambra. Only Kano has complied and finished it. Mr Governor is building that of Anambra now in Obá. It has been more than 10 years since they asked us to build it. They didn’t go to Kano. It is only Lagos, Onitsha and Aba. And they penalised every shop for that poor storage.”
He thanked Governor Soludo for his intervention and support throughout the process, pointing out that it was the governor’s appeal that necessitated the shortening of the duration of the market closure, unlike the previous exercise that left the market closed for four months.
Chukwuleta further disclosed that it was through the intervention of government representatives that the fine of ₦2 million was reduced to ₦500,000, and the clearance that would have been done in Enugu is being done in the NAFDAC Office in Onitsha.
Foreign Investors See Opportunities Where Locals See Challenges – Coleman Wires MD

Photo: (L-R): MD Coleman Wires and Cables industries limited, Mr. George Onafowokan, DG MAN, Mr. Segun Ajayi-Kadir, DG NACCIMA, Sola Obadimu and Mr. Adetunji Aderinto, founder Zetamind consulting limited at a conference organized by Business Day in Lagos on Thursday.
The Managing Director of Coleman Wires and Cables Industries Limited, Mr. George Onafowokan, has said that more foreign investors are entering Nigeria to establish businesses despite prevailing economic challenges, even as some local businesses continue to complain about the operating environment.
 He urged Nigerian manufacturers to look inward and explore the abundant opportunities within the country to boost their enterprises.
Onafowokan made this known on Thursday during the 2025 Manufacturing Conference organized by BusinessDay in Lagos, with the theme: “Unlocking Nigeria’s Manufacturing Potential: Strategies for Sustainable Growth Amid Economic Turbulence.”
Speaking as the Chairman of the Ogun State chapter of the Manufacturers Association of Nigeria (MAN) during a panel session, Onafowokan disclosed that, in his capacity, he signs off on applications from companies joining the association. From this vantage point, he noted a growing trend of foreign businesses setting up in Nigeria, contrasting it with the hesitancy and pessimism of some local firms.
Commenting on the issue of multiple taxation, the Coleman MD described it as detrimental to the manufacturing sector. Nevertheless, he emphasized that, despite these hurdles, foreign investors continue to establish operations in Nigeria, and some local manufacturers are showing resilience.
“There are opportunities to tap into. We only need to take a long-term view and be deliberate,” Onafowokan said.
In the same vein, Adetunji Aderinto, founder of Zetamind Consulting Limited and a fellow panelist, remarked that foreign investors often recognize prospects in the Nigerian market that many local manufacturers overlook. He advised manufacturers to reduce costs through technology adoption and data utilization.
“Some manufacturers shut down operations because they don’t understand what their customers need. They need to increase market share and strengthen their supply chains,” Aderinto added.
Onafowokan concluded by asserting that Nigerian-made products, such as those from Coleman Cables, surpass many foreign alternatives in quality. He encouraged Nigerians not to compromise the country’s potential for short-term gains elsewhere.
Also speaking during the session, the Director General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Mr. Olusola Obadimu, called on the Federal Government and the Central Bank of Nigeria (CBN) to take urgent steps to curb inflation. He also urged state governments to focus more on people-centric development rather than internally generated revenue alone.
The panelists collectively encouraged Nigerians to patronize locally made products and commended the Federal Government’s efforts in promoting the “Buy Nigeria” campaign.
In his remarks, the Director General of MAN, Mr. Segun Ajayi-Kadir, made a strong case for policy interventions to unlock the sector’s full potential. He stated, “The Nigerian government holds the primary responsibility for creating an enabling environment to unlock the manufacturing sector’s potential. This requires strategic action across infrastructure, fiscal policy, and regional integration.”
Ajayi-Kadir acknowledged the passage of four tax reform bills aimed at streamlining the tax system and praised the government’s Nigeria First Initiative. However, he emphasized the need for swift and effective implementation.
He further recommended making the Nigeria First Policy a binding law, with penalties for violators, to ensure transparency, public awareness, and enforcement.
MAN DG called for establishing structured platforms for regular consultations with manufacturers to align policies with industry needs.
According to him, there is need for setting up systems for timely and relevant export data sharing through embassies, trade attachés, and relevant agencies to help manufacturers access global markets.
Also ensuring consistent and transparent policy-making to boost investor confidence and foster long-term growth. Investing significantly in critical transport infrastructure — roads, ports, and industrial corridors — to reduce logistics bottlenecks and improve market access.
Ajayi-Kadir noted that while recent improvements in infrastructure are commendable, only 37% of roads are in good condition, which continues to increase production and transportation costs, making Nigerian products less competitive.
ACAMB Champions Bankers Wellness With Aerobics Fitness Session

 As part of its commitment to promoting a healthier and more resilient banking workforce, the Association of Corporate Affairs Managers of Banks (ACAMB) is organizing a special Aerobics Fitness Session on Saturday, May 31, 2025 at the Lagoon Front of the Eko Atlantic City. The session is open to all bankers and marketing communication professionals within the industry and will feature a lineup of fun and energizing activities aimed at boosting physical and mental wellbeing.
With stress levels and burnout on the rise in high-pressure sectors like banking, ACAMB is taking, as it has done over the years, proactive steps to encourage lifestyle habits that support overall wellness and productivity.
Participants will begin the morning with a body warm-up and short walk to get their energy flowing, followed by an exciting dance aerobics session designed to elevate heart rates and lift spirits. The day will continue with interactive fitness games that promote movement and team bonding, and will wrap up with a friendly but motivating fitness challenge to inspire healthy competition and personal bests.
“Bankers are vital to the financial ecosystem, and their wellness must be a priority,” said Rasheed Bolarinwa, President of ACAMB. “This aerobics session is a powerful way to foster a culture of health, team bonding, and preventive care. It reflects our belief as ExCO that a strong mind and body, are essential for long-term professional excellence.”
The session is expected to kick off early in the morning to take advantage of the fresh morning air, allowing participants to start their weekend with energy, movement, and connection. It also presents an opportunity to unwind and build camaraderie amongst colleagues outside the traditional office setting.
This initiative is one of several wellness-focused programms ACAMB is rolling out to reinforce the importance of employee wellbeing in corporate and marketing communication and the broader banking ecosystem.
The Association of Corporate Affairs Managers of Banks (ACAMB) is the recognized professional association for marketing communications and public affairs executives in Nigeria’s banking industry. ACAMB drives ethical communication standards, promotes internal and external stakeholder engagement, and supports member banks in advancing reputation, trust, employee growth and wellbeing.
Inclusive Education in Action, Union Bank Sponsors Mathematics Competition for Hearing Impaired Students

Union Bank of Nigeria, through UnionCares, an arm of its Corporate, Sustainability and Innovation Initiative, recently sponsored the Ajofa Special Education Foundation for the Deaf Mathematics Competition held at the Wesley School for the Hearing Impaired at Surulere Lagos, Nigeria, with the theme “Impacting Deaf Students and Life with Mathematics in Nigeria.”
The Mathematics Competition had in attendance representatives from Union Bank, the Lagos State Education Board, Principals of Schools, and teachers. Ten competitors, drawn from different schools within and outside the deaf community in Lagos, participated in the programme.
The competition, a collaboration between Union Bank and the Ajofa Foundation, aimed to close the gap in inclusive education by creating opportunities for learners with hearing impairments to showcase their academic abilities and intellectual potential.
Speaking about the event, Olufunmilola Aluko, the Chief Brand and Marketing Officer at Union Bank of Nigeria, said,
“At Union Bank, we believe that development must be inclusive. That’s why, through our UnionCares initiative, we continue to invest in meaningful partnerships and platforms like this. We also commend the brilliant students on display today, who have demonstrated that their circumstances do not define them. Rather, they are writing a new story that says disability is not inability. They are mathematicians, thinkers, and problem-solvers whose wisdom whispers and reshapes the world positively”.
Francis Ajomiwe, the Founder and Executive Director for the Ajofa Special Education Foundation for the Deaf, who communicated through an interpreter, expressed appreciation to Union Bank.
He said, “I’m grateful to Union Bank for their Sponsorship of this competition, helping bring our dreams to life. Through the Foundation, we are contributing our share to the overall goals of enhancing the educational experience and developing the deaf community. This we have been committed to upholding through organising education programmes and projects that benefit the deaf community”.
The Lagos State Education Authority, from its School Support Section, was represented by Bukunola Famakinwa, who, during her speech, emphasised the importance of the initiative on deaf learners and their community, stating that, “Deaf learners face unique challenges in accessing quality education, and mathematics is no exception. However, they can excel in mathematics and beyond with the right approach and support.” She emphasised the importance of mathematics as it empowers learners to “make informed decisions, solve problems, and participate fully in society.”
She urged the community to collaborate with the deaf community to create an inclusive education system that supports deaf learners in Nigeria.
The top three winners of the competition were Samuel Megbodofo, Tomilola Shonubi, and Opeoluwa Saka, who finished in first, second, and third place, respectively. The winners, who came from different schools for the hearing impaired competition, received branded gifts from the Bank, among other prizes.
The rest of the competitors, learners and teachers were also not left out as they, too, were gifted branded items from Union Bank.
Fidelity Set To Hold 3rd Edition Of FITCC In Atlanta, USA September 2025

Leading African financial institution, Fidelity Bank Plc, is set to hold the 3rd edition of its flagship market access platform, the Fidelity International Trade and Creative Connect (FITCC) Expo from September 18 to 20, 2025, at the Omni Atlanta Hotel at Centennial Park, Georgia, USA.
In a strategic move to deepen diaspora and transatlantic business linkages, Fidelity Bank is partnering with Amplify Africa, the organizers of AFRICON, the leading African diaspora business and culture summit in the United States. This collaboration brings together two powerful platforms committed to bridging African enterprise with global opportunity.
“Since 2022, when we hosted the maiden edition, FITCC has evolved beyond a platform for promoting Nigeria’s non-oil exports to become a veritable showcase of the immense value Nigeria has to offer the global market.
“As part of our commitment to developing platforms that promote economic growth, creativity, and sustainable trade both within Nigeria and internationally, we are pleased to announce the third edition of FITCC. Since 2022 when we hosted the inaugural edition,  the FITCC expo has been at the heart of driving global market access for local businesses and I am delighted that this year we will be in the city of Atlanta, USA,” stated Dr Nneka Onyeali-Ikpe,OON, Managing Director/Chief Executive Officer of Fidelity Bank Plc.
Following the success of previous editions in London and Houston, which collectively generated a consolidated deal pipeline exceeding US$500 million, FITCC Atlanta 2025 will convene over 100 Nigerian exporters, alongside U.S. buyers, investors, policy stakeholders, and diaspora-led business networks.
The expo will spotlight strategic sectors including agriculture, consumer-packaged goods, energy transition minerals, fashion, beauty, and the broader creative economy. Programming highlights include business exhibitions, B2B matchmaking, policy dialogues, diaspora investment panels, and curated workshops focused on expanding Nigeria’s access to global markets.
FITCC 2025 is expected to attract over 3,000 participants, including development finance institutions, chambers of commerce, trade facilitation agencies, and multinational corporations. The event is also aligned with ongoing government-led efforts to expand U.S.–Nigeria trade and investment under emerging bilateral frameworks.
Interested participants can register to attend by visiting https://www.fidelitybank.ng/fitcc/#start_registering
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.
Seplat Energy Is Redefining Nigeria’s Energy Destiny – Roger Brown, CEO

Seplat Energy is Redefining Nigeria's Energy Destiny – Roger Brown, CEO -  Champion Newspapers LTD

From landmark acquisitions to digital innovation and ESG leadership, Seplat Energy is transforming Nigeria’s energy landscape and setting new standards for Africa’s indigenous operators, the Company’s Chief Executive Officer, Roger Brown, told Forbes Africa/Penresa team in an interview.

Following its landmark acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets, Seplat Energy is poised to redefine Nigeria’s gas future through a blend of integration, innovation, and an unwavering commitment to inclusive national development. “We are absolutely delighted to have completed the MPNU acquisition. It’s a true game-changer for Seplat Energy. The scale of this transaction is simply monumental,” says Brown.

“We’re now active in 11 blocks, eight of which we operate directly.” The acquisition not only doubled Seplat’s reserves but also significantly expanded its footprint and diversified its portfolio across upstream and midstream sectors. “We have seven onshore blocks and four shallow-water offshore blocks. With this acquisition, we formed Seplat Energy Producing Nigeria Unlimited (SEPNU) and now manage operations that connect seamlessly into three terminals—one offshore and two onshore,” Brown elaborates.

He adds, “This gives us a fully integrated value chain—from the wellhead all the way to export via vessel—with Seplat in full control of operations. Our production has materially increased. We’ve moved from around 50,000 barrels per day to over 120,000 barrels per day. We’re proud to say that our workforce now includes around 1,500 professionals—the vast majority of whom are Nigerians.”

Brown emphasizes that the gas resource in Seplat’s offshore blocks is extraordinary. “While not all of it is currently classified as proven reserves, we estimate the actual volumes are three times what we’re currently reporting. This gas will be instrumental. It will feed into domestic power generation, industrial uses such as fertilizer and petrochemicals, and LNG—both Nigerian LNG and new floating LNG initiatives.”

He adds, “This is a major opportunity for Nigeria as we move into a new phase of energy autonomy. It’s not just about exporting oil and gas anymore; it’s about building domestic capacity that supports job creation, industrialization, and long-term economic resilience.” Seplat’s strategy remains focused on meeting Nigeria’s specific energy needs.

“You must tailor your energy strategy to where you operate. Nigeria has one of the lowest levels of energy access globally. Affordable, reliable energy is essential for economic development, job creation, manufacturing, education, and healthcare,” says Brown. “Gas is the answer for Nigeria’s base load electricity. It’s available 24/7, 365 days a year.”

He continues, “By the end of this year, we’ll have three operational gas processing plants onshore. Strategically, these are located to serve high-demand areas such as Lagos and Abuja. Together with our offshore acquisition, we’ll soon be capable of processing one billion cubic feet of gas per day. This expanded gas capacity will lower electricity costs and displace expensive and polluting diesel generators.”

While gas remains foundational, Seplat is already thinking ahead. “We do have ambitions in renewables and electricity generation,” Brown notes. “But for now, the biggest opportunities—and the greatest needs—lie in upstream oil and gas and midstream gas processing. At some point, when the time is right, we will take further steps into the electricity space.” The company’s long-term roadmap includes expanding modular solutions that can bring power closer to off-grid communities. “We’re exploring modular gas-to-power systems that can be deployed in rural areas. These will play a key role in solving last-mile electricity access problems,” he says.

Technology is central to Seplat’s strategy—both for operational excellence and for reducing environmental impact. “We’re aggressively moving to end routine flaring—some years ahead of Nigeria’s national target of 2030,” Brown states. “We’ve committed to ending flaring in our onshore operations this year, and we’re working on a roadmap for our offshore assets.”

“We’re deploying AI to monitor the integrity of aging infrastructure. Predictive maintenance now guides our operations. We’re also using better drilling technologies, data analytics for seismic analysis, and digital twins for real-time monitoring. Our technology team is continuously scouting and deploying tools that improve efficiency and reduce our carbon footprint.”

The adoption of these tools, he says, is part of building a smarter, safer, and more future-resilient Seplat. “This is about creating a culture of continuous innovation—about using the best available tools to optimize performance while keeping people and the environment safe.” Seplat is also investing in people, recognizing that long[1]term sustainability starts with human capital. “We just onboarded 50 new graduates through our graduate trainee program—out of over 10,000 applicants,” Brown shares.

“The talent in Nigeria is remarkable. We want to give them reasons to stay and thrive here.” This investment in human capital extends into partnerships with educational institutions and STEAM (Science, Technology, Engineering, Arts & Mathematics) programs.

“We’re working with universities to help shape curricula that are aligned with the skills we need in the energy industry,” Brown explains. “It’s not just about hiring—it’s about helping to develop the next generation of Nigerian engineers, geoscientists, economists and tech innovators, among others.”

Strong governance and a commitment to transparency underpin the company’s role in Nigeria’s transformation. “President Bola Tinubu has made clear that attracting foreign direct investment is a national priority. The process we went through with the MPNU acquisition was incredibly detailed and transparent. That’s the kind of diligence international investors expect.” Brown notes the institutional progress being made.

“Two of our board members are now part of NNPCL’s board. These are top-tier professionals—a clear signal that Nigeria is serious about transforming the energy sector. You simply cannot ignore Nigeria—a population of over 200 million heading toward 400 million. By 2050, one in four people on the planet will be African. Nigeria will be central to that story.”

He stresses the global significance of what is happening now. “This is a pivotal moment for Nigeria and the region. The global energy transition will not look the same everywhere. For Africa, and for Nigeria specifically, gas is our bridge fuel. And companies like Seplat are showing that indigenous players can lead the way.” Seplat also continues to deepen its impact through community investment and local partnerships. “Our approach is holistic— from scholarships and education support to healthcare outreach and economic empowerment,” he says.

“Our procurement policies prioritize indigenous businesses. We want value to stay in Nigeria, to strengthen the local economy and create jobs across the value chain.” Through its healthcare outreach, Seplat has touched thousands of lives across rural communities with free medical services, maternal health programs, and awareness campaigns. These programs are often developed in consultation with local leaders to ensure relevance and impact. “We believe in being a responsible neighbor and a reliable partner. Our goal is to support long-term development that lasts beyond the life of our projects.”

Environmental stewardship is another cornerstone of Seplat’s ESG commitment. Brown notes, “We’re investing not only in flare reduction but also in biodiversity initiatives and conservation programs in the Niger Delta. We understand our responsibility goes far beyond profitability.” He adds, “We’re even exploring the use of renewable energy to power our own operations—a small but symbolic step toward a diversified energy future. Gas is our foundation, but we’re preparing for what comes next.”

Finally, Seplat’s adherence to global standards ensures its long-term sustainability and investor confidence. “We are dual-listed in Lagos and London. We operate to global standards and have robust governance systems. That’s what gives investors confidence,” Brown says. “We’ve seen real reforms. We’ve seen transparency. We’ve seen changes in leadership, especially at NNPCL, that show Nigeria is serious,” he concludes. “Nigeria is open for business, and Seplat is living proof of what’s possible when you lead with belief, strategy, and integrity.” With bold leadership, a clear vision, and deep national roots, Seplat Energy is not just keeping pace with Nigeria’s Decade of Gas—it’s leading the way.