Business
FirstBank Refutes Spurious Allegation, Reiterates Highest Standard of Ethical Conduct
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.
Business
Nestlé Unveils New Improved Double MAGGI Chicken Flavour Cubes
MAGGI Chicken flavour seasoning cubes have been relaunched with a refreshing blend of spices including onion, turmeric and celery and a boosted Chicken flavour to delight even more Nigerian consumers. It is also now available in double-cubes for double the convenience which also translates into reduced packaging materials. This milestone marks a win for consumers and for the planet as Nestlé works towards a waste-free future.
The announcement was made on the sidelines of MAGGI Creators Conference, a new platform to connect the brand with food enthusiasts, chefs and food content creators. The event, organized in partnership with TikTok, was an opportunity for experts to share their knowledge and collaborate on innovative digital food storytelling to UNVEIL the double goodness of the all-new MAGGI Chicken flavour seasoning cubes.
Wassim Elhusseini, Chief Executive Officer of Nestlé Nigeria, commented: “We are excited to announce the relaunch of MAGGI Chicken Flavour Seasoning Cubes to bring an enhanced culinary experience to Nigerian consumers. With the double cube format, we are on a journey to reduce packaging used in our production process by 25%. This approach is part of Nestlé’s ongoing efforts to protect our planet. We remain committed to growing our business in Nigeria sustainably.”
Rahamatou Palm Zakari-Adamou, MAGGI Category Manager at Nestlé Nigeria, added: “We are dedicated to providing seasoning cubes that enhance mealtimes for millions of Nigerian families. MAGGI has been a part of Nigerian cuisine for decades and is committed to always deliver delicious taste and aroma as well as remain a trusted ally to the Cooks.
Nestlé leverages insights and feedback from consumers to develop products adapted to local preferences and cooking styles.
MAGGI seasoning cubes are sold all over Nigeria.
Business
FirstBank Joins PCAF, Reinforces Commitment to Climate Action
As part of its commitment to sustainable finance and taking active steps towards reducing its carbon footprint, FirstBank has joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable socioeconomic development for the just transition.
PCAF is a collaboration between financial institutions worldwide to enable harmonised assessments and disclosures of greenhouse gas (GHG) emissions from loans and investments. With more than 530 financial institutions from six continents, the group is rapidly expanding in North America, Latin America, Europe, Africa and Asia-Pacific.
Joining PCAF aligns with FirstBank’s broader climate agenda, reinforcing its efforts to contribute meaningfully to global climate goals. By adopting PCAF’s globally recognised standards, FirstBank aims to enhance transparency in carbon accounting and reporting, integrate climate risk into its lending and investment decision-making, and support Nigeria’s transition to a low-carbon economy. This initiative complements FirstBank’s ongoing work on environmental, social, and governance (ESG) issues, underscoring its dedication to responsible banking practices.
PCAF will provide FirstBank with a standardised methodology and framework to measure and report the Bank’s GHG emissions and climate-related risks. By joining PCAF, the Bank’s capability in understanding and managing its exposure to climate risks and liabilities (physical and transition risks) will be enhanced. This will enable the Bank to make informed decisions and take proactive measures to mitigate these risks while leveraging on the opportunities for growth.
Dylan Hauser, regional lead For PCAF Africa said “We congratulate FirstBank on becoming a signatory of PCAF. We are absolutely delighted to have FirstBank on board sharing our commitment to driving positive change and reducing carbon footprints in the region through transparent and accountable practices.”
FirstBank, “Joining PCAF is a significant milestone in our sustainability journey. It is not only a demonstration of our commitment to combatting climate change but also a step towards ensuring that we, as a financial institution, are accountable for the carbon emissions our activities finance. We are excited to collaborate with other global institutions in driving meaningful climate action”.
By joining forces with PCAF, FirstBank is poised to champion transparency and accountability in impact of the financial sector’s activities on climate change.
Business
Juicy Facts About the Adron Homes Lemon Friday Promo
The Lemon Friday Promo is Adron Homes and Properties’ most exciting and anticipated annual sales event! Every year, Adron Homes brings unbeatable deals and extraordinary benefits for people looking to invest in real estate. This year’s Lemon Friday Promo promises even bigger discounts, exclusive prizes, and unique opportunities to own land or property in premium locations. Here’s everything you need to know about the promo:
1. Incredible Discounts on All Properties
The Adron Lemon Friday Promo offers massive discounts on all Adron properties, including residential estates, commercial plots, and investment land. For a limited time, customers can buy properties at a fraction of the usual price. This is the perfect opportunity for anyone wanting to secure their dream property or add to their investment portfolio without breaking the bank.
2. Flexible Payment Plans
Adron Homes is known for its customer-friendly payment options, and the 2024 Lemon Friday Promo is no exception. During the promo period, you can pay for your property in installments, allowing you to spread payments up to 60 months or even years, depending on the package. This flexibility makes it easier for more people to achieve homeownership, regardless of income level.
3. Exclusive Gifts and Prizes
Subscribers to the 2024 Lemon Friday Promo can enjoy up to 45% discount on various properties with a payment option of up to 60months, in addition to a variety of mouth-watering gifts including bags of rice, inverters batteries, gift vouchers, and even cows. This year’s edition continues to cater to the needs of all Nigerians, ensuring that Adron Homes’ properties remain affordable, accessible, and appealing to a diverse clientele.
4. Location! Location!! Location!!!
The Lemon Friday Promo covers some of Adron’s most coveted locations across Nigeria. This includes properties in Lagos, Ibadan, Abuja, Ogun, Osun, Ekiti, Abuja, Jos, Nasarawa and other fast-developing areas. Each location is strategically selected for growth potential, access to amenities, and investment returns, ensuring that no matter where you buy, you’re making a sound investment.
5. Seamless Documentation and Support
Purchasing property can involve a lot of paperwork, but Adron Homes ensures a smooth experience by providing comprehensive support throughout the process. From the initial payment to securing your title deed, the Adron team will assist you in navigating each step, making property ownership stress-free.
6. Access to Expert Advice
During the Lemon Friday Promo, Adron Homes offers access to real estate consultants who provide expert advice on property choices, investment insights, and location advantages. This is an excellent opportunity to get professional guidance on choosing the right property for your needs and budget.
Adron Lemon Friday Promo is not just about discounts; it’s about creating opportunities for people to achieve their dreams of homeownership or investing in real estate. Whether you’re a first-time buyer or a seasoned investor, the promo provides access to quality properties and flexibility, with perks that enhance the overall experience.
If you’ve been waiting for the right time to invest in property, the Lemon Friday Promo is it! Take advantage of the offers, secure your future, and become part of the Adron Homes community.