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FirstBank Refutes Spurious Allegation, Reiterates Highest Standard of Ethical Conduct

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By Eric Elezuo

Nigeria’s leading financial institution, First Bank of Nigeria Plc, have refuted allegations making the rounds concerning charges against the institution.

“Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank,” the statement posited.

An official statement released by the institution described the allegation as spurious and sponsored, maintaining that the matter will not be given detailed attention as it is already in court.

“While we will not be able to offer further comments as the matter is sub-judice, suffice it to say that the basis of the charge is a spurious allegation made by a delinquent debtor with the intention of embarrassing the Bank and tainting the Bank’s loan recovery efforts and legal enforcement of its security collateral interest in accordance with the terms thereof,” the statement read.

The bank however, assures its numerous customers of their constant and consistent unequaled services, and highest standard of ethical conduct, stressing that on no account would it stoop low to involve in illegality.

“We wish to assure our numerous customers, stakeholders and the general public that FirstBank operates by the highest standards of ethical conduct and will under no circumstances involve itself in any act of illegality just as it will take necessary legal steps to check any attempt by recalcitrant debtors to fritter away depositors’ funds under its custody. Furthermore, FirstBank remains focused on its mission of providing the best financial services to its numerous customers,” it concluded.

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PCC Extols Julius Berger for Zero Complaints

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The Public Complaints Commission has hailed construction firm Julius Berger Nigeria Plc for its compliance with regulations and its track record of zero public complaints.

The Commission’s Federal Capital Territory Commissioner, Musa Dikko, stated in a statement that the company deserves an award for its commitment to excellence in construction and labour relations.

Speaking during a courtesy visit to Julius Berger’s headquarters on Wednesday, Dikko highlighted the company’s long-standing reputation for quality and fairness.

“Our joy is that every construction done by Julius Berger Nigeria Plc is nearly perfect. I say ‘nearly’ because they say no one is perfect,” he said.

The commissioner commended the company’s approach to compensation at project sites, particularly in the FCT, noting that it ensures prompt and fair settlements.

“Each time compensation is required, my parents and our people always feel at ease because Julius Berger’s approach is different from other construction companies. This long-standing commitment has ensured that no complaints have been brought to the Public Complaints Commission regarding the company’s conduct,” Dikko added.

PCC’s State Director of Investigation, Irene Ogbogu, also lauded the company’s Corporate Social Responsibility efforts and its adherence to due process. Responding, Director of Administration, Dr Abdulaziz Kaita, reaffirmed Julius Berger’s commitment to upholding workers’ and community rights.

His words, “As a company, we have always strived to operate within legal and ethical guidelines.

“Our cooperation with the PCC has been beneficial to both parties, and we will continue to support the Commission’s mandate of protecting the rights of the people and ensuring compliance.”

Kaita emphasised that as one of the largest employers in Nigeria’s construction industry, the company remains diligent in its responsibilities.

“Being a major employer of labour requires us to be diligent in the protection of our workers and the citizens. We have internal policies that we abide by, and I can assure you that Julius Berger Nigeria Plc will ensure everything is done through due process,” he assured.

Both parties reaffirmed their commitment to strengthening public trust and fostering compliance in Nigeria’s infrastructure sector. The PCC delegation on the courtesy visit included the Chairman, Hon. Musa Dikko; State Director of Investigation, Mrs. Irene Chuka Ogbogu; Deputy Director of Investigation, Mrs. Jideri Agbese; Head of Public Relations, Mr. Emmanuel Ugboaja; Deputy Head of Public Relations, Mr. Alex Akinyele; and Information Officer, Ms. Gladys Iduku.

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Glo Intensifies Infrastructure Upgrade for Seamless Services, Connectivity

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Technology Company, Globacom, has intensified its nationwide network upgrade to provide world-class telecommunications services. This initiative which kicked off in 2024 aims to significantly enhance the overall customer experience, ensuring seamless and uninterrupted connectivity.

The upgrade involves nationwide deployment of new sites and the enhancement of existing infrastructure to deliver high-speed data and superior voice services to its expanding customer base.

In response to recent industry developments, Globacom reaffirms its commitment to building a world-class telecommunications infrastructure while maintaining competitive pricing for its voice and data services.

The network upgrade comprises holistic transformation of Globacom’s infrastructure, including entire scope of Telecoms infrastructure upgrade, from the core network to access network, transmission and IP network, fiber network, metro access and backbone infrastructure as well as passive equipment expansion like power and environment.

Recent milestones include the successful deployment of hundreds of new sites in key locations across Lagos, Ogun, Nasarawa, Rivers, Edo, Delta, Cross River, Kaduna, Kano, and Abuja. This expansion aims to boost network capacity, provide enhanced resources for subscribers, and alleviate congestion in high-traffic areas.

Furthermore, Globacom has integrated hundreds of LTE 2600 sites in strategic markets, including Lagos, Oyo, Ogun, Ondo, and Kwara, as well as select tertiary institutions. This enhancement ensures high-speed data services and prevents network congestion.

In alignment with the Federal Government’s broadband penetration initiative, Globacom has created additional data network capacity and carried out enhancements across 1,700 sites nationwide. This upgrade improves data throughput, network quality, and coverage, ultimately elevating customer satisfaction, in addition hundreds of 2G, 3G and 4G base stations have also been completed to boost coverage and enhance capacity demand across the country.

To support these expansion projects, Globacom has upgraded its Glo1 submarine cable capacity to ensure seamless access to ultra-high-speed services. This upgrade guarantees a unique calling and browsing experience on the Glo network at all times.

Globacom has also embarked on a nationwide initiative to upgrade its power and fiber infrastructure, deploying thousands of new generators and replacing thousands of kilometers of old fiber routes while laying new ones. This effort aims to create redundancy for better network availability and further enhance customer experience.

Globacom, therefore, is poised to delivering exceptional telecommunications services, empowering Nigerians to stay connected at all times.

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Eight Decades Anniversary: Wema Produces 80 Winners in 5 for 5 Daily Promo

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In anticipation of its 80th anniversary, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, will be rewarding 80 customers with cash prizes in its Wema Bank 5 for 5 Promo Season 4 80th daily draw, set to hold virtually at 4 p.m. on Monday, February 24, 2024.

Wema Bank launched its 5 for 5 Promo in 2019 as an avenue to reward its customers for their active loyalty to the brand and its products.

Since its launch, the Promo has disbursed over N150,000,000 to thousands of customers across Nigeria, across three seasons.

Season 4 of the Wema Bank 5 for 5 Promo kicked off on October 1, 2024 with a whopping N135,000,000 cash prize set for disbursement across daily, weekly, monthly and a special grand prize draw where one Wema Bank customer will win N5,000,000. So far, over 2,000 Wema Bank customers have emerged winners, receiving cash prizes ranging from N5,000 to N1,000,000 each.

Scheduled to hold on Monday, February 24, 2025, the Wema Bank 5 for 5 Promo Season 4 80th daily draw will, through a duly regulated and transparent electronic draw, select 80 winners randomly from Wema Bank’s pool of active and transacting customers who have made transactions using the ALAT App, *945# or the Wema/ALAT debit card. Both new and existing Wema Bank customers can participate in the special 80th draw, regardless of their location in Nigeria; provided they meet the eligibility criteria of making at least one transaction via the three valid channels.

Customers and prospects who are interested in becoming one of the lucky 80 winners are advised to sign up on the ALAT App if they haven’t already, request a debit card on the App or get one instantly at any Wema Bank branch or transact offline using *945#, Wema Bank’s USSD code.

The Wema Bank 5 for 5 Promo Season 4 80th daily draw has been curated specially in celebration of Wema Bank’s upcoming 80th anniversary. Anyone in any part of the world can watch the draw live via the Bank’s official Instagram @wemabank and YouTube @WemaBankofficial

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