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FirstBank Begins Year with Innovative, Convenient Virtual Payment Card

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First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account.

The FirstBank Virtual Payment Card is a suitable alternative to the use of cash and cheques, with its wide-range features which  include the ability of cardholders to protect his/her card using the block and unblock capabilities; PIN Reset; Change PIN as well as view statement at one’s convenience. It also enables diaspora customers to spend from his/her FirstBank account within the spend limit advised by the bank without the need for a physical card.

The FirstBank Virtual Payment Card is a safe, convenient, and easy way of making e-commerce payments amongst other functionalities.

The Virtual Payment Card can be created via the Bank’s leading digital channels; FirstMobile or Firstmonie Wallet applications. Customers can download the card, activate the card and consummate transactions all at once from the comfort of their homes/offices. No branch visit is required. Customers are advised to update their mobile application to the latest version, then select Card Services on the FirstMobile App and My Virtual Card application to create a Virtual Card at the cost of N215 (VAT Inclusive).

Speaking on the launch, Mr. Gbenga Shobo, Deputy Managing Director, First Bank of Nigeria Limited said ‘the launch of our Virtual Payment Card is yet another secure and seamless way we promote electronic banking, whilst enabling customers to carry-out their transactions on the web”

“The Virtual Payment Card is also designed to guard against the spread of the COVID-19 as it does not require physical interaction between the customer and FirstBank Branches. We enjoin our customers to download the application and stay ahead in modern banking,” he concluded.

Similarly, FirstBank recently launched the FAST Track ATM, the next generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM without any form of physical interaction with the machine.

For more information on the Virtual Payment Card, kindly click here for the Frequently Asked Questions (FAQs).

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Davido Commends Uncle, Gov Adeleke on Resignation from PDP

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Nigerian Afrobeat music singer, David Adeleke aka Davido, has commented on his uncle, Governor Ademola Adeleke, after he resigned from the Peoples’ Democratic Party (PDP), posting “Jeje…” on his X page.

Adeleke, who represented Osun West as Senator and currently serves as the governor of the State, announced his resignation in a letter dated November 4, 2025, citing the party’s national leadership crisis.

The letter titled ‘Resignation of my membership of the Peoples’ Democratic Party (PDP)’ read: “Due to the current crisis of the national leadership of the Peoples’ Democratic Party (PDP), I hereby resign my Membership of the Peoples’ Democratic Party with immediate effect.”

He expressed gratitude for the opportunities afforded to him by the PDP.

“I thank the Peoples’ Democratic Party for the opportunities given to me for my elections as a Senator (Represented Osun West) and as Governor of Osun State under the Peoples’ Democratic Party,” he added.

The resignation has sparked reactions, with Davido’s post sparking speculation about the implications for the party.

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Osun Gov Adeleke Dumps PDP, Silent on Next Party to Join

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By Eric Elezuo

The governor of Osun State, Senator Ademola Adeleke, has announced his resignation from the Peoples Democratic Party (PDP).

A letter signed by the governor himself and dated November 4, 2025 revealed that the governor dumped the party about a month before coming out public with the announcement.

Confirming the resignation via a statement, the governor’s Chief Press Secretary, Mallam Olawale Rasheed, wrote;

“Governor Ademola Adeleke of Osun State has resigned his membership of the People’s Democratic Party (PDP) since November 4th, 2025.

“The letter was addressed to the PDP Chairman for ward 2, Sagba Abogunde of
Ede North Local government, Osun State.

“The letter reads as follows: ‘Due to the current crisis within the national leadership of the Peoples Democratic Party (PDP), I hereby resign my membership of the PDP with immediate effect.

‘I thank the Peoples Democratic Party for the opportunities given to me for my elections as a Senator (Represented Osun West) and as Governor of Osun State under the Peoples Democratic Party”, the governor noted in the letter personally signed by him.’

Neither the letter nor the spokesperson’s statement suggested the governor’s next port of call even as political parties in the state are in the season of primaries to elect flag bearers for the 2026 governorship election in the state.

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Just In: Defence Minister Abubakar Badaru, Resigns, Tinubu Accepts

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By Eric Elezuo

The Minister of Defence, Alhaji Abubakar Mohammed Badaru, and a two-term former governor of Jigawa State, has resigned his appointment. This is shortly after the former Chief of Defence Staff, General Chris Musa (retd) visited Aso Rock Villa, and had a closed door meeting with President Bola Tinubu.

The resignation, which is with immediate effect, according to statement credited to the Special Adviser to the President on Information and Strategy, Bayo Onanuga, is contained in a letter dated December 1, 2025, and addressed to President Bola Tinubu. Badaru, who is 63 years, quoted health grounds as reason for quitting his job.

The statement added that “President Tinubu has accepted the resignation and thanked Abubakar for his services to the nation.

“President Tinubu will likely inform the Senate of Badaru’s successor later this week.

His resignation comes amid President Tinubu’s declaration of a national security emergency, with plans to elaborate on its scope in due course.

He served as defence minister for 27 months since August 21, 2023.

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