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FirstBank: Nigeria’s Premier Eco-Friendly Financial Brand

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By Jeremiah Agada

As the world gears up to celebrate the World Environment Day (WED), Brand Communicator’s focus on Eco-Friendly Brands in the Nigerian market falls on Nigeria’s premier and perhaps the strongest financial institution, First Bank of Nigeria Limited. The focus is on the Bank’s environmental policies and its impact on the global environmental issues.

This brings to fore the importance of environmental sustainability in our world today. Environmental sustainability is one of the biggest challenges and most important targets of the present times. Stakeholders (researchers, academicians, scholars, governments and non-government organizations involving individuals, communities, countries, and the continents, are increasingly focusing their attention on how to tackle the challenges associated with driving environmental sustainability. Key stakeholder concerns include the constant exploitation of the environment due to economic development. While the current generation is enjoying the fruits of economic development, they tend to be oblivious of the uncertainty and dangers that future generations would confront as a result of scarce natural resources and polluted environment. It is therefore, our responsibility to leave the planet as a self-sustainable system providing equal opportunities of survival not only to our future generations but also to all other species co-habiting with us.

In Nigeria, studies have shown that various sectors of the economy are vulnerable to climate change. These include human settlements and health; water resources, wetlands and freshwater ecosystems; energy, industry, commerce and financial services; agriculture, food security, land degradation, forestry and biodiversity; coastal zone and marine ecosystems.

Because of the seriousness of climate change and the impact it poses to the environment, an organization like First Bank of Nigeria Limited is leaving nothing to chance in ensuring an eco-friendly society. Its recognition of the environmental and social impacts of its operations has made it adopt policies and procedures that minimize negative environmental and social impacts.

In doing business, the Bank, which is Nigeria’s first and arguably its most prestigious, takes cognizance of potential environmental risks with a view to nipping them in the bud. This it has done by constant interactions with stakeholders, driving sustainable insurance and putting necessary frameworks in place towards ensuring that its actions as a corporate entity does not impact negatively on the environment.

As such, the sustainability of the societies and physical environments in which the Bank operates are critical to its own sustainable success. Therefore, the Bank has shown over the years that it is committed to making positive contribution wherever it does business while avoiding or minimising any direct or indirect negative impact on communities and the environment resulting from its activities, beyond its responsible lending and investment efforts.

The acknowledgement of the fact that its environmental impacts can be indirectly linked to climate change and its global effects has led the bank to adopt an approach to environmental sustainability which is two-fold based on its direct and indirect impacts. The approaches to reducing the direct impacts of its operations include approach to minimising carbon footprints and carbon offsetting; work towards carbon neutrality as well as promote wildlife and biodiversity conservation and preservation.

In minimising waste, the Bank works to improve energy efficiency in its data centres and offices as well as reduce air travels and implement safe paper use initiatives. It also increased the use of conference calls for meetings as against attending physical meeting schedules thereby minimizing fuel consumption and carbon emission from vehicles. Its ‘Going Green’ efforts have also seen the Bank purchase renewable energy; promote tree planting initiatives and the indirect impact of its activities focuses largely on responsible lending.

The Bank’s key objectives of minimizing carbon footprints through the planting of trees, creating awareness among school children of the need to preserve wildlife and biodiversity, developing and educating environmentally conscious students through partnerships with reputable NGOs and institutions, are huge. The challenge in implementing this project is not just in identifying suitable locations with the right soil and climatic conditions for tree planting, but also ensuring students’ participation.

These objectives and FirstBank’s responsible approach to protecting the environment has seen it partner with Nigerian Conservation Foundation (NCF), Nigeria’s premier non-governmental environment conservation foundation dedicated to nature conservation and sustainable development in Nigeria. Its on-going partnership with the NCF has seen it actively support annual activities promoting conservation and preservation of wildlife and biodiversity.

The FirstBank Conservation Initiative is part of our long-term approach to promoting sustainability, which involves minimising our direct and indirect impacts on the environment. And the success of this initiative is dependent on our meaningful engagement with our stakeholders.

With its huge expertise in environmental issues, the Bank found a worthy and perfect partner in the NCF to help implement this programme successfully. The NCF used its experience and influence to engage the various stakeholders to support the programme. This included utilising its conservation clubs, which provided educational sessions for the students on the importance and benefits of conservation and supporting biodiversity. The subsequent enthusiastic participation of the students, and the encouragement they received from the Ministry of Education and school authorities, enabled the programme’s objectives to be achieved.

So far, 240 trees have been planted at the Lagos State Civil Service Model College Igbogbo in Ikorodu, and Evboesi Mixed Secondary School, Benin City. More than 1,000 environmental sustainability champions have also been appointed in these locations. These champions are young people who look after the trees and ensure that they are adequately cared for to help the bank achieve its afforestation goals. “The planting of trees is just part of our efforts to contribute to Nigeria’s green economy and to combat deforestation/desertification, while recognising the key role of children and young people in the sustainability agenda,” the Bank in a statement disclosed.

Through its partnership with Junior Achievement Nigeria (JAN), FirstBank sponsored the National Company of the Year (NCOY) Competition. The competition is an extension of the COY programme that brings secondary students together to form a company, choose a business name and elect officers to oversee operations of the company for the programme duration. It teaches students to put theory into practice in order to fully understand what financial literacy and entrepreneurship is. At the end of the programme, the students that complete the programme successfully, compete in the regional competition and represent their school in the National Company of the Year competition in Lagos. In 2020, the New Phase from Brookstone Secondary School, Port-Harcourt, Rivers state emerged winner, producing an eco-friendly block. The eco-friendly construction blocks were made from plastic waste. These sustainable blocks are the next wave of sustainable construction.

Beyond the initiatives above, responsible lending remains one of the strategic pillars in delivering the sustainability goals of the FirstBank Group. FirstBank has put in place an Environmental, Social and Governance Management System (ESGMS) to help the Bank integrate environmental social and governance considerations into its decision-making processes. This includes an ESG policy and procedures for screening transactions. The ESG policy is based on existing policy documents and international best practice, while procedures to screen transactions are aimed at conducting ESG due diligence on potential transactions. These are based on Central Bank of Nigeria’s Sustainable Banking Principles, IFC Performance Standards, and international best practice and are tailored to FirstBank’s procedures, risk management framework, risk appetite and tolerance, and adapted to its strategic objectives

The key objective of this policy is to ensure that all the transactions that FirstBank is considering funding, include adequate provision for actions necessary to prevent, control and mitigate negative impacts on the environment and communities, and improve environmental quality.

With this, FirstBank has shown its commitment to integrating social and environmental principles in all its operations; promoting good corporate governance and ensuring social and environmental considerations are included in the business decision making; reviewing and managing potential social and environmental risks in its lending and investment processes and activities and reviewing all borrowers against the criteria like exclusion list; the International Finance Corporate Performance Standards, and other applicable international standards as well as the Nigeria Sustainable Banking Principles (NSBP) requirements.

Others initiatives are, providing constant education and training for all staff on issues of environmental and social responsibility relevant to the business; regularly communicating to all stakeholders on progress of commitments including achievements, challenges and future direction; continuous improvement on the way in which it identifies, assesses and manages Environmental, Social, and Governance (ESG) risks within its businesses.

 

The successful and productive implementation of the ESGMS has propelled the bank to integrate the associated checklist (which is usually completed by a relationship manager and verified by an analyst against the EIA report), into the bank’s credit application platform designed for reviewing credits. The goal is to ensure efficiency through automation as relevant implementation documents such as the environmental, social and governance risks screening checklist will be fully automated.

These initiatives over the years and activities have shown that environmental sustainability remains a key corporate responsibility & sustainability focus for FirstBank.

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Peter Obi Decries Worsening Hunger, Insecurity Under Tinubu

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The Nigeria Democratic Congress (NDC) presidential candidate for 2027 general elections, Peter Obi, says that Nigerians across all walks of life are suffering under President Bola Tinubu’s administration due to worsening hunger, widespread insecurity, and systemic harassment.

Speaking with journalists at St Fintan’s Catholic Church in Onicha Local Government Area, Ebonyi State, on Friday, Obi urged citizens to stand firm and resist further hardship imposed by the country’s current leadership.

​Obi was in Ebonyi State to attend the burial ceremony of Okaji Okorie, father of the NDC senatorial candidate for the Ebonyi South Zone, Linus Okorie. ​Responding to questions regarding the alleged harassment of NDC supporters by the ruling All Progressives Congress (APC), Obi said that the current hardship transcends political affiliations.

​“For me, every Nigerian is already being harassed, not just my supporters,” Obi said. “Hunger is harassing everybody. The worsening economic situation is affecting everyone. Go to any village, and you will see that people are suffering. It is time for Nigerians to tell those governing us that enough is enough.”

​Addressing concerns over the Independent National Electoral Commission’s (INEC) ability to conduct free and fair elections in 2027, Obi urged citizens to focus on collective action rather than institutional trust.

​“It is not really about confidence in INEC; it is about having confidence in the people. The people will determine what INEC does. If Nigerians insist that their votes must count, then their votes will count,” he asserted.

“The people should look at what is happening in Nigeria and ask themselves: What is the future of our children in this enterprise called Nigeria? Are we going to continue in this direction?”

Obi noted that advocating for real change in the current political climate requires tremendous courage.

​“Anyone talking about change in Nigeria today is making the ultimate sacrifice because we cannot continue like this. Every single day, poverty is increasing; every single day, hunger is increasing,” he noted.

​“The World Bank recently reported that poverty has risen to almost 79 per cent from about 51 per cent when this government came into office. But you do not even need a World Bank report to know what is happening. Go to the villages and see for yourself.”

“Millions more Nigerians are facing hunger. So, what are we going to do about it? Are we going to continue like this? No.”

​Turning to his host, Obi described Okorie as a steadfast ally and dependable partner, highlighting their shared political journey across party lines.

“This is not the first time Hon. Linus Okorie and I are working together. We worked together in the Labour Party, and now we are together in the NDC. That underscores the strength of our relationship,” Obi said.

​“However, we are here today to pay our last respects to his late father. We pray that God Almighty, who blessed Papa with a long and fruitful life, will grant him eternal rest in His kingdom and give the family the fortitude to bear this irreparable loss.”

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Food for Living: Just Start

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By Henry Ukazu

Dear Destiny Friends,

The beginning of any journey is usually the hardest part. It is usually hard to take the bold step. Whether you are applying for a job, writing a book, starting a new business, getting married or even applying for school, there’s always the tendency to ask yourself mind-boggling questions such as; Will I succeed? Will I be accepted?  This is among many others.

When progressive minds encounter this challenge, they are not afraid of taking the first step, they are merely concerned about the big picture, and not what they are currently experiencing. One of the big differences between great people and lesser minds is the ability for great people to take strategic risks, while lesser minds stay in their comfort zone.

On a personal note, I can relate to the journey of greatness when I began writing my first book. In all sincerity, I didn’t know what I was writing. All I knew was that I was putting down whatever comes to my mind provided I found it reasonable and relatable. At the end of the day, I found a proficient and efficient editor who was kind enough to work on the book and it became a trailblazer.

The moral is that I doubted myself many times if I had the capacity to write a book. I was literally afraid of beginning, but immediately I began writing, the universe began to conspire with me to make the work fruitful. Today, when I look back, I’m glad I took the bold step. I say this because just because of one book, I received national and global attention in addition to appearing on television and meeting gatekeepers and resource people.

The same principle is applicable when I began my first business. I didn’t know what to focus on and how to develop bossiness. All I knew was that I’m a motivator and counselor who likes to help youths and career professionals on proactive ways to succeed in their personal and professional lives. After attending a series of training courses, workshops, webinars, and several conferences, I began to have clarity about my business. I remember when I first started, I told the world that I can build a website just because my uncle assisted in using a free tool to build my website.

Why am I sharing this information? The same business I didn’t know how to structure is now registered with the highest certification from the Office of the Governor of New York to do business with any New York City agency. It now has a Chief Operating Officer, Social media manager, IT personnel and an exceptional Director of Partnership who works as a consultant. The company has also partnered with the United Nations Development Programme  and has received awards.

All this is because I took the bold step to start a business. Sometimes in life, you don’t know what lies ahead when one takes the bold step.

According to Dr. Yomi Garnet, a proficient Ghost Writer, “If a book is tiled A synopsis of successful living were to be written, it would in all probability contain the following chapters:

1.     Identify your talents, (use then to glory God and to benefit of humanity)

2.     Have faith in the favor of God,

3.     Engage in proper planning

4.     10% belongs to God

5.     Give, give and keep in giving

Let’s take a minute to elaborate on this chapter:

1.     Identify your talent: Before you begin any project, one must know who they are, what they have and what problems they want to solve. They also must take into consideration whether they have the capacity, competence and capability of doing the business.  One thing is certain, they are using their skills, talent, and knowledge to solve a problem

2.     Have faith in God:

Taking the first step entails having faith in yourself, in your business and most importantly in God. Without faith in oneself, in the business and in God, it will be difficult for one to succeed. Taking the first set entails believing in the possibility of the future.

3.     Engaging in Proper planning:

It’s instructive to note that failing to prepare is preparing to fail. Before anyone begins any task, it’s important for one to sit back and ask oneself if they have all they need to set up the business. This entails setting up a structure for the business, getting the right people, offering services and setting up the mission and vision statement of the company

4.     10% belongs to God

This is Biblical instruction which is part of the spiritual blessings of doing business. No one succeeds on their own. They either have an altar working for them or they have human beings as networks, benefactors, and resource persons recommending them for opportunities. Alternatively, these acts of tithe giving can also refer to Corporate Social Responsibility which is tantamount to giving back to society.

5.     Give, give and keep giving.

This is another spiritual blessing.  We are quite familiar with the saying, the giver never lacks, however, it’s important to note that when one gives without wisdom and accountability, one might run dry. So, it’s imperatively important for one to give with discretion, otherwise, one will be exhausted.  It’s instructive to note that nobody receives with a clenched fist and the giver’s hand is always on top. If you want to receive it, please give. This giving aspect is made possible because someone took the first step to start a business which made it possible for the art of giving to take place.

In conclusion, if you desire to start a business, or have inspiration, just start, the universe has a way of conspiring with the world to support you to birth your passion, idea or vision. I say this because the worst you’ll want to do towards the end of life is to live in regret. So, I say, just begin. Whether you fail, it’s irrelevant because you are gaining and showing perseverance for the cause you believe in. At the end of theer day, we shall all tell our stories.

Henry Ukazu writes from New York. He works with the New York City Department of Correction as the Legal Coordinator. He’s the founder of Gloemi. He’s a Transformative Human Capacity and Mindset coach. He is also a public speaker, youth advocate, creative writer and author of Design Your Destiny Design, Unleash Your Destiny and The Six Pillars of Succes . He can be reached via info@gloemi.com

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Supreme Court Bars Lawyers from Using ‘Barrister’ Title in Official Correspondence

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The Supreme Court has prohibited lawyers, court registrars, litigation staff and all legal practitioners dealing with the apex court from using the title “Barrister” as a prefix to their names in official correspondence and court-related engagements.

The directive was conveyed in an internal circular dated July 13, 2026, issued by the Chief Registrar of the Supreme Court, Kabir E. Akanbi, on the instruction of the Chief Justice of Nigeria.

The circular, titled “Prohibition of the Use of the Title ‘Barrister’ as a Prefix to Names,” was addressed to legal practitioners, litigation staff, court registrars and other lawyers interacting with the apex court.

According to the memo, the continued use of the title “Barrister” before names is inconsistent with the professional standards expected in official dealings with the Supreme Court.

It stated that the Chief Justice had directed that the practice be discontinued with immediate effect.

Part of the circular reads: “The use of the title ‘Barrister’ as a prefix to names is inappropriate and inconsistent with the standards of professionalism expected within the Supreme Court of Nigeria.”

The court further directed that the title should no longer appear in official correspondence, court processes, legal documents, identity materials or any other official communication with the Supreme Court.

Heads of departments and unit heads were also instructed to ensure strict compliance by officers under their supervision.

However, the directive is limited to official interactions with the Supreme Court and does not prevent legal practitioners from identifying themselves as barristers in academic, professional or other non-court-related settings.

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