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FirstBank’s Adesola Adeduntan Bags ‘Best Chief Executive Officer’ Award

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Adeduntan

The Chief Executive Officer, First Bank of Nigeria Limited (FirstBank), Dr. Adesola Adeduntan has been adjudged the ‘Best Chief Executive Officer’ of the year at the Digital Innovation and Excellence awards, held recently in Accra, Ghana.

The awards, which climaxed the Digital Banking Summit was aimed at rewarding individuals and groups whose contribution and efforts have spurred growth in the banking industry across Africa.

Dr. Adeduntan who has been at the helm of affairs of FirstBank, FBNBank Ghana’s parent Bank since 2016 had ensured the rollout of the Group’s digital banking strategy, which aims to leverage new and evolving technologies to facilitate access to everyday financial services for consumers and businesses alike.

Receiving the award on behalf of Dr. Adeduntan in Accra on Friday, Victor Yaw Asante, the Managing Director of FBNBank Ghana said the award amply speaks to Dr. Adeduntan’s commitment to driving the financial inclusion agenda of FirstBank as well as its subsidiaries across Africa.

“On behalf of Dr. Adeduntan and his management team at First Bank of Nigeria Limited, I will like to thank you for recognising the Bank’s unrelenting quest to meet the needs and preferences of our customers with our deployment of a full bouquet of digital banking services.

Victor Yaw Asante stated that “though humbling, this award reminds us to keep listening and to demonstrate an understanding of our customers’ busy, modern lives and connect with them through the provision of solutions that not only meet their needs but also delivers relevant experiences that meet their expectations.

“We would deepen our collaboration with our partners and strive to replicate our success in Nigeria across all our subsidiaries,” he said.

This award adds to the rich ‘awards shelf’ of FirstBank since the turn of the year, as the Bank has been recognised beyond the shores of Nigeria for its leading role at promoting technological inclusion, cashless transactions and financial inclusion in the fast revolving and technological driven financial industry in Nigeria.

Amongst the many awards bagged by the premier and leading financial institution in Nigeria include; Cashless Driver: Highest Volume in Bill Payments and Cashless Driver: Highest Transaction Volume in Real-Time Payments at the CBN Electronic Payments Incentive Scheme (EPIS) Efficiency Awards. Other awards are; Most improved Mobile Banking Application, Highest Transacting Bank (across Interswitch’s Solutions) and Highest Number of Verve Transacting Cards (Unique Cards) at the Interswitch Connect Sales Dinner & Awards Night as well as Best Banking Brand in Nigeria 2019 by Global Brands Magazine.

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How LASCOPA recovered N18.9m compensation for consumers in Lagos

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General Manager, LASCOPA, Mrs Kemi Olugbode.

The Lagos State Consumer Protection Agency (LASCOPA) says it has recovered N18,886,754 as refund and compensation for consumers in the state

The General Manager, LASCOPA, Mrs Kemi Olugbode, disclosed this in a statement in Lagos on Saturday.

She said that the money was recovered for consumers who sought the support of the agency to get redress from infringements on their rights by retailers and traders of various consumables.

Olugbode said that LASCOPA received complaints daily from aggrieved consumers seeking redress from various unfair trade practices in the state.

She noted that 87.1 percent of the total complaints received by the agency had been amicably resolved, while 9.4 percent were receiving attention.

”About 1.5 percent of the complaints received are awaiting court judgment and two percent were dropped for lack of merit,” he said.

Olugbode said that complaints were received from transportation, banking and finance, food and beverages, Insurance, e-commerce, telecommunications and property sectors.

Other areas are; electricity distribution companies, confectioneries, Manufacturing, automobiles, pharmaceuticals, chemical and agro-allied companies, among others.

She urged consumers to take advantage of the agency`s services to seek redress whenever there was an infringement on their rights, as it was free of charge.

Olugbode said that complaints should be forwarded online through the agency’s e-mail addresses, lascopa@lagosstate.gov.ng or lascopa@gmail.com.

She said that complainants could also visit LASCOPA’s office and all complaints should be accompanied with relevant documents attached.

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Jubilations as Access Bank opens new branch in Osun

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There was profound jubilation among the people of Ipetu-Ijesha, in Oriade Local Government of Osun State, as Access Bank opened its new branch in the sleepy community.

Speaking at the event, which was graced by many dignitaries across the country, the Group Managing Director/CEO of the Bank, Dr Herbert Wigwe reiterated the commitment of the Bank to the welfare of many inhabitants of the town through inclusive banking system.

He promised to positively engage the people of the community in terms of provision of credit facilities for small scale businesses as well as employment for the youths.

According to him, such banking experience would accelerate commercial activities as well as human development, with inherent corporate social responsibility of immense value.

“The coming of this Bank to Ipetu-Ijesha is a testimony of rapid commercial growth in the town. The bank will also assist to promote and encourage the development of indigenes in all ramifications.

“We are committed to improving your standard of living economically and socially and we will do everything possible within our means to assist the community in their various entrepreneurial endeavours “, Wigwe said.

The traditional ruler of the town, Oba Adeleke Agunbiade, Ajalaye of Ipetu-Ijesha expressed excitement over the development, saying it is a new dawn of economic advancement in the community, as he eulogised the Bank for considering his domain worthy of such developmental project.

He therefore implored his subjects to reciprocate the gesture through optimal patronage and concerted efforts towards protecting the Bank and its staff jealously.

“This is indeed a dawn of a new era in our town and a move towards economic emancipation and liberation. It is a signal of more developmental projects in our domain.

“I want to beg you to reciprocate this by opening accounts with Access Bank, this is the only Bank that guarantees safety of your money at any time.

“It should be noted that anybody who refuses to Bank with Access is an enemy of the king and by extension an enemy of Ipetu-Ijesha”.

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12 filling stations sealed off in Sokoto, Kebbi

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Filling Station

The Department of Petroleum Resources (DPR) says it has sealed 12 filling stations in Sokoto and Kebbi states for under dispensing and operating without valid licence.

Mr Muhammad Makera, the Zonal Operations Controller of DPR in charge of Sokoto and Kebbi states, made the disclosure to the News Agency of Nigeria (NAN) on Saturday in Sokoto .

Makera said the erring stations were sealed during unscheduled inspection by the department’s officials between Tuesday, Sept. 17 and Thursday, Sept. 19

He said that five filling stations were sealed for under dispensing of petroleum products while the remaining seven were sanctioned for operating without valid licence and non-adherence to required safety precautions.

According to him, the DPR officials visited no fewer than 99 filling stations in Sokoto and Kebbi staes within the period.

Makera expressed dismay that most of the stations’ managers feigned ignorance of the regulations of the Department.

 

He warned petroleum marketers to desist from such sharp practices, saying severe sanctions awaited offenders.

According to him, fuel stations ought to update their operational licences and regularize their operations promptly to avoid clampdown.

He called on consumers to report any suspicious or sharp practice noticed in any fuel station to the department for necessary action.

Makera said that current trend of short-changing customers by filling stations was unacceptable.

According to him, the department’s surveillance team is working to ensure availability of petrol at regulated price of N145 per litre.

He cautioned marketers against flouting government regulations and customers against panic buying.

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