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Nairaland Forum / Nairaland / General / Business / Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria (15607 Views)
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Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by froz(m): 10:31am On Oct 13, 2017 |
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/ 2 Likes 2 Shares
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Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by Nobody: 7:21am On Oct 14, 2017 |
Great |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by dingbang(m): 8:09am On Oct 14, 2017 |
Gbam! 5 Likes
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Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by DanielsParker(m): 8:09am On Oct 14, 2017 |
so? with their contract staffs . First bank has never conducted a graduate training Program 2 Likes |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by LordAA(m): 8:10am On Oct 14, 2017 |
This one no be news na. |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by ObaKlaz: 8:10am On Oct 14, 2017 |
FirstBank is KING!!! 11 Likes 2 Shares |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by Ogbenisoft28(m): 8:10am On Oct 14, 2017 |
You First 6 Likes 1 Share |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by Sunnycliff(m): 8:10am On Oct 14, 2017 |
Who he epp 2 Likes 1 Share |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by cjudy(m): 8:11am On Oct 14, 2017 |
Ok.... Hope the $26billion is safe? |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by Ahmed0336(m): 8:11am On Oct 14, 2017 |
Dats my bank. Of recent dem wan fustrate my life with bvn ishhh almost two weeks now dem never resolve my issue 3 Likes |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by joebeckz(m): 8:11am On Oct 14, 2017 |
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. 36 Likes 3 Shares |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by damosade(m): 8:12am On Oct 14, 2017 |
Still the first sha. Salary never delayed. 6 Likes 2 Shares |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by fakoo1: 8:12am On Oct 14, 2017 |
I thought they are sharing 10m. Atm without money na useless card |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by agarawu23(m): 8:14am On Oct 14, 2017 |
So? |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by EHIRIMCHA(m): 8:14am On Oct 14, 2017 |
joebeckz:and the reward their staff get for being hardworking is sack letter 1 Like |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by tee83: 8:14am On Oct 14, 2017 |
Great from first bank 1 Like |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by Wiseandtrue(f): 8:14am On Oct 14, 2017 |
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. 7 Likes |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by Toyade888(m): 8:15am On Oct 14, 2017 |
....who Una help? |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by Nobody: 8:15am On Oct 14, 2017 |
Okay |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by segunblog(m): 8:16am On Oct 14, 2017 |
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Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by MillionDollars: 8:16am On Oct 14, 2017 |
Still doesn't make them the best |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by tabaski: 8:18am On Oct 14, 2017 |
Mtchew. No be the bank wey dey sack contract staff with sms and without pay off or benefit. Dem no get integrity 3 Likes |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by dingbang(m): 8:19am On Oct 14, 2017 |
DanielsParker:saying stuff you have no proof on social media makes you look stupid 7 Likes 1 Share |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by franzis(m): 8:20am On Oct 14, 2017 |
Bank card that can be used to make online payments is that a card |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by MhizzAJ(f): 8:21am On Oct 14, 2017 |
Very useless bank 2 Likes |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by nurez305(m): 8:21am On Oct 14, 2017 |
Yet the queu in their bank is always long |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by dingbang(m): 8:25am On Oct 14, 2017 |
Mustiboy:you are right. First bank goes by that .. |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by dingbang(m): 8:27am On Oct 14, 2017 |
nurez305:because Firstbank is the only bank that always have money in their atms 2 Likes |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by abes(m): 8:28am On Oct 14, 2017 |
10 million times 1000 yearly maintenance charge is what? N1,000,000,000 Thieving order: Bankers > Politicians > Thieves |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by DanielsParker(m): 8:29am On Oct 14, 2017 |
dingbang: . |
Re: Another First As Firstbank’s Payment Card Hits 10 Million In Nigeria by DanielsParker(m): 8:29am On Oct 14, 2017 |
dingbang: Don't rant and curse, give me facts. 1 Like |
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