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61st FirstBank Lagos Amateur Open Golf Championship Tees Off

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In furtherance of its commitment to the development of sports in Nigeria, First Bank of Nigeria Limited has announced that the 61st edition of the FirstBank sponsored Lagos Amateur Golf Championship has been scheduled to tee-off at the golf section of Ikoyi Club 1938 on Friday 18th, to Sunday 20th of November 2022.

To be played over 54-holes (3-days), the FirstBank Lagos Amateur Open Golf Championship is a World Amateur Golf Ranking (WAGR) listed competition that attracts the best golfers from the amateur scene, not only in Nigeria but across the world. The emerging winner of the Championship, the Amateur Champion for the year, also earns points that contribute to their WAGR ranking. The 61st FirstBank Lagos Amateur Open Golf Championship is also supported by Seven-Up Bottling Company, One Spirit Company and Palton Morgan Holdings.

On behalf of the tournament organisers, Ibukun Obatoyinbo, Director Concierge Sports said “FirstBank Lagos Amateur Open Golf Championship has been the premier amateur golf event in West Africa. It is notable that some of the top golf professionals within this environment have been participants & past winners of the Championship. As we mark the 61st edition this year Concierge Sports are committed to the continued promotion & support of the development of the sport in Nigeria. We are confident that a new set of stars will emerge courtesy of FirstBank’s unwavering sponsorship of the Championship. We look forward to an exciting 2022 edition.”

Anticipating the thrills of fun and excitement to be witnessed in the 61st FirstBank Lagos Amateur Open Golf Tournament, Oluwaseyi Otulana, Chief Marketing Officer, Palton Morgan Holdings said “Palton Morgan Holdings is proud to be a partner at the 61st edition of the FirstBank Lagos Amateur Open Golf Championship. The game of golf is truly a game of the masters and as the budding masters converge this year at the Ikoyi Club 1938 Golf Course, a long-standing tradition since the Championship’s inception in 1960, we look forward to an exciting tournament as participants journey from far and near to grace this prestigious event.

We understand that great things come from humble beginnings which is why we are glad to be a part of this year’s event. Palton Morgan as masters in our own right wishes all the participants the best of luck.”

Speaking ahead of the 61st edition, Mrs. Folake Ani-Mumuney Group Head, Marketing and Corporate Communications highlights FirstBank’s consistent role in driving development through sports: ‘’As an institution that is woven into the fabric of the society for nearly 129 years, FirstBank has been at the forefront of the growth and development of sports in Nigeria for decades. Our constant commitment to sports is a demonstration of our belief that sport remains a major vehicle for social and economic development. From infrastructure development, employment generation to social skills, sport remains a unifying force for socio-cultural interaction and development regardless of language, culture and religion.’’

Assuring participants of a memorable tournament, Dr. Anthony Oboh, Golf Captain, Ikoyi club 1938 stated that “It’s our pride and honour to welcome participants to the 61st edition of the FirstBank Lagos Amateur Open Golf Championship, the premier amateur golf event in West Africa. 61 years of continued partnership with FirstBank has been phenomennal. It is a partnership we are proud of and we look forward to fostering for many more decades.

To participants from across Nigeria and Africa, we invite you to enjoy our facilities. This 2022 edition promises to be more exciting and better than those before it. Go swing, enjoy your golf, and we can’t wait to congratulate the Amateur Champion for the year.”

Expressing his appreciation to FirstBank for its unbroken sponsorship through the years, Ademola Mumuney, Chairman, Ikoyi Club 1938 noted that “golfing in Nigeria and particularly Ikoyi Club 1938, cannot be sufficiently described without due recognition of FirstBank’s consistent and unbridled partnership, year over year, for more than six decades. Greatness is well exemplified in this fusion of Golf and FirstBank. I hope other organisations would latch on to this for better enhancement of sports in Nigeria”.

Since its debut, FirstBank Lagos Amateur Open Golf Championship has been the most consistent and premier amateur golf event in West Africa and has produced great champions most of who are competing in the elite professional golf cadre. Last year, the Championship threw up Ilorin based Aminu Kadir who won the landmark edition. It is expected that this year’s edition will produce another great winner.

Other FirstBank-sponsored sporting events include the Georgian Cup of Kaduna Polo Tournament, sponsored for 102 years; the Dala Tennis Hard Court in Kano Club for over 30 years; the Obasanjo Pro-Amateur Golf tournament of Abeokuta Club now in its 6th year. The Bank’s influence in the development of sport in Nigeria is under its First@Sport initiative.

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Hackaholics: Wema Bank Launches Africa’s Largest Gathering of Digital Stakeholders

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Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the launch of the Hackaholics Digital Summit 2023, Africa’s largest gathering of innovators, disruptors, regulators, policymakers, investors & customers in the digital space.

This groundbreaking summit will serve as a hub for sharing cutting-edge insights, trends, and best practices in the tech industry towards the positive transformation of technology and innovation not just in Nigeria but across the African continent.

In 2019, Wema Bank introduced Hackaholics, a dedicated initiative targeting youth and startups. Its mission is to provide a stage for entrepreneurs and innovators with transformative, tech-driven concepts to bring their ideas to fruition and refine their skills. The 4th edition of Hackaholics, launched in April 2023, involved several months-long journey to top Nigerian universities to identify and nurture talented students with creative ideas. These students were afforded the opportunity to collaborate, enhance their skills, and actualize their unique concepts through technology. The Hackaholics Digital Summit will host both the grand finale of Hackaholics 4.0 and the inaugural edition of the digital summit.

The Hackaholics Digital Summit 2023 is scheduled for October 6, 2023, in Lagos, Nigeria, under the theme “Re-Imagine: Disrupting the Ecosystem for Scale.” This multifaceted event commences with the launch of the Hackaholics Digital Summit and concludes with the exciting grand finale of Hackaholics 4.0. During this grand event, the standout teams from the competition will showcase their innovations, contending for the prestigious titles of Hackaholics 4.0 winners.

Notably, the winning team will receive a grant of N10,000,000 worth of prizes, the first runner-up N7,000,000 worth of prizes, the second runner-up N5,000,000 worth of prizes, while a special N3,000,000 grant is reserved exclusively for a female-led team. Additionally, a N15,000,000 grant will be allocated to University STEM endowment.

The Digital Summit will further encompass an array of simultaneous master classes, providing attendees with the opportunity to witness the emergence of Africa’s technological future while gaining invaluable insights from renowned experts. These masterclasses will delve into topics such as “The Future of Financial Services,” “Venture Capital and Funding Viable Innovation for Scale,” and “Strategic Technology for Impact & Societal Change: Transforming Today & Tomorrow’s World.”

Attendance to this prestigious event is by invitation only; however, interested customers and technology enthusiasts can secure a spot at the Wema Bank Hackaholics Digital Summit 2023 by registering at https://hackaholics.wemabank.com/digital-summit.

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Tinubu Appoints Cardoso As New CBN Governor

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President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate.

This directive,  according to a statement signed Ajuri Ngelale, Special Adviser to the President on media, is in conformity with Section 8 (1) of the Central Bank of Nigeria Act, 2007, which vests in the President of the Federal Republic of Nigeria, the authority to appoint the Governor and Four (4) Deputy Governors for the Central Bank of Nigeria (CBN), subject to confirmation by the Senate of the Federal Republic of Nigeria.

Furthermore, President Bola Tinubu has approved the nomination of four new Deputy Governors of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending their confirmation by the Nigerian Senate, as listed below:

(1) Mrs. Emem Nnana Usoro

(2) Mr. Muhammad Sani Abdullahi Dattijo

(3) Mr. Philip Ikeazor

(4) Dr. Bala M. Bello

In line with President Bola Tinubu’s Renewed Hope agenda, the President expects the above listed nominees to successfully implement critical reforms at the Central Bank of Nigeria, which will enhance the confidence of Nigerians and international partners in the restructuring of the Nigerian economy toward sustainable growth and prosperity for all.

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FirstBank Enhances FirstEdu Loan Solution for Quality Education

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FirstBank has announced that its FirstEdu product designed to put schools at an advantage in the financing of capital projects such as the acquisition of new property, school expansion and reconstruction has been remodeled to a period of up to a maximum tenor of 48 months.

Since its launch in 2018, the FirstEdu loan has promoted the continued improvement of schools whilst putting them at an advantage in meeting their mid and long-term goals. These goals include the expansion of the school through the acquisition of landed properties, purchase of school bus, modern educational facilities, tools and equipment to optimize the day-to-day operations of the school.

Renewable energy loan for schools has also been added to enable them control and reduce the high cost of fuel while powering their school facilities as well as minimize their environmental impacts.

FirstEdu loan is targeted at private Nursery & Primary, Secondary and A-Levels schools. The product offers an opportunity for private school owners to access flexible funding to meet urgent cash flow needs, replace old furniture and equipment, as well as refurbish dilapidated buildings and classroom blocks. With this product, school owners or proprietors can stay ahead of the competition in providing educational services and support to the target population.

To enjoy the loan offer, the interested school must have been in business for at least 24 months, maintained an account relationship with FirstBank for at least six months or any Bank registered with the CBN for a minimum period of 12 months. The customer can access up to N20 million or more, depending on the cashflow capacity of the school.

The Group Executive e-Business and Retail Products, Mr Chuma Ezirim, said “we are happy with the positive response that our FirstEdu product is eliciting across the country. This is not only a demonstration of the great experience witnessed in the schools, but also the impact it has made across the value chain of the educational sector which contributes significantly to the socio-economic development of the country. Education is the bedrock of any society; and the future belongs to those who built this bedrock today. We remain committed to supporting the educational sector as part of our nation-building strategy,’’ he concluded.

Do you have a school, and keen on taking it to the next level? Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/more-financing-options/firstedu-loan/ or the FirstBank branch nearest to you. We will be delighted to partner with you on taking your school to the next level.

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