First Bank of Nigeria Limited is the first financial institution in Nigeria and West-Africa to hit 10 million issued cards to customers across the country. This makes FirstBank the second bank in Africa to achieve this the 10 million cards feat.

The accomplishment is reminiscent of a similar milestone achieved two years ago when the Bank in December, 2015 and May 2016, was named the first financial institution in the Nigeria to achieve sustained alternative channels transaction volumes of 100 million transactions in December 2015 and May 2016. FirstBank has sustained its edge in payment card issuance with its Instant issuance/Instant activation technology, which was pioneered about 7 years ago. This has also informed the Bank’s consistency in maintaining the highest active Card ratio in the industry.

According to the Managing Director/Chief Executive Officer, First Bank of Nigeria Limited, Adesola Adeduntan “delivering this feat is a testament to the Bank’s brand promise to put our customers first and continuously improve our business to serve them better”. We can attest that our customers have become more technology savvy and we will continue to encourage this attitude with our commitment to world class service delivery as we work to ensure optimal performance and availability of all our alternative channels, to meet and exceed the expectations of our customers. The bank currently processes over 78% of its customer transactions through self-service channels.

Meanwhile, FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary, subject to regulatory approval.

In the same vein, Tijjani Borodo, the outgoing Company Secretary will still be around for the next few months to navigate a seamless transition for the substantive Company Secretary.

According to a statement, Tijjani will be retiring after three decades of “combined services to both First Bank of Nigeria Limited and subsequently FBN Holdings Plc, providing exceptional company secretariat and legal support to the Group.”

Prior to Seye Kosoko’s appointment, he had served as Head of Legal and the Company Secretary, Standard Chartered Bank Nigeria Ltd; Managing Solicitor, Henley, Crankshaw Solicitors; Chief Legal Officer/Company Secretary, Econet Wireless Nigeria Limited (Now Airtel Networks); Citibank Nigeria, where he rose to the position of General Counsel/Company Secretary/ and pioneer Country Compliance Head, with oversight for Corporate Affairs. He worked as Tax Consultant at Price Waterhouse and was also one of the pioneer lecturers at the Faculty of Law, Lagos State University. He is a graduate of the University of Ife in 1984 and was called to the Nigerian Bar in 1985. He obtained his LL.M in 1987, from the University of Lagos.

According to the Group Managing Director of FBN Holdings Plc, UK Eke, Seye brings to bear on the Executive Management and Board of FBNHoldings UK over 25 years’ extensive experience in legal framework, company secretarial duties, and governance advisory.  He also stated that Tijjani will be missed as his exemplary dedication to the Group will remain one of the bright spots in the history of FBNHoldings. “We welcome Seye on board while we wish Tijjani many fruitful years ahead.”

Mr. Kosoko’s appointment is consistent with FBNHoldings corporate governance and succession plan that ensures that there is balance of knowledge and experience at the highest decision making levels of the Group.

SOURCE: https://brandspurng.com/another-first-as-firstbanks-payment-card-hits-10-million-in-nigeria/

Great

Gbam!

so?

with their contract staffs .

First bank has never conducted a graduate training Program

This one no be news na.

FirstBank is KING!!!

You First

Who he epp

Ok.... Hope the $26billion is safe?

Dats my bank. Of recent dem wan fustrate my life with bvn ishhh almost two weeks now dem never resolve my issue

Since all the people above me and saying great great. Let me Kuku follow and say great to. But I read am reach 3 times. I no still understand anything. But Great mehn,Great.

Still the first sha. Salary never delayed.

I thought they are sharing 10m. Atm without money na useless card

So?

joebeckz:
Okay

and the reward their staff get for being hardworking is sack letter

Great from first bank

First bank has customers no doubt' the problem is their archaic ways of doing things.

With their procedures is something else agreed it's for security purpose but there are mechanism in place to speed up such process.
For God sake this is the 21st century

Above all, it's difficult to get all the ATM in their premises working hence the unnecessary queues.

Don't say it's applicable to all banks, first bank issue as one of the oldest bank is out of this world.

Congratulations And I hope the people coming in will make banking experience worth while for you customers.

....who Una help?

Okay

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Still doesn't make them the best

Mtchew. No be the bank wey dey sack contract staff with sms and without pay off or benefit. Dem no get integrity

DanielsParker:
so?

with their contract staffs .

First bank has never conducted a graduate training Program

saying stuff you have no proof on social media makes you look stupid

Bank card that can be used to make online payments is that a card

Very useless bank

Yet the queu in their bank is always long

Mustiboy:
When a lady gets pregnant, her friends come to rub her stomach saying "congrats". But none of them comes to touch the man's penis saying " well done"
Moral lesson: hard work is not always appreciated, it's the result that matters.

you are right. First bank goes by that ..

nurez305:
Yet the queu in their bank is always long

because Firstbank is the only bank that always have money in their atms

10 million times 1000 yearly maintenance charge is what? N1,000,000,000
Thieving order: Bankers > Politicians > Thieves

dingbang:
saying stuff you have no proof on social media makes you look stupid

.

dingbang:
saying stuff you have no proof on social media makes you look stupid

Don't rant and curse, give me facts.