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FIRSTBANK SET TO REWARD CUSTOMERS WITH 36 MILLION NAIRA IN THE SECOND SEASON OF ITS FIRSTMOBILE CASH-OUT PROMO  

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FirstBank has announced that its FirstEdu product designed to put schools at an advantage in the financing of capital projects such as the acquisition of new property, school expansion and reconstruction has been remodeled to a period of up to a maximum tenor of 48 months.

FIRSTBANK SET TO REWARD CUSTOMERS WITH 36 MILLION NAIRA IN THE SECOND SEASON OF ITS FIRSTMOBILE CASH-OUT PROMO

 

 

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FirstBank has launched the second season of its Cash Out promo designed to reward users of FirstMobile, its industry-leading mobile banking solution. The FirstBank Cash Out Promo 2.0 which began on Monday, 15 January 2024, ends on Friday, 15 March 2024, and is open to new and existing customers.

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Leading up to the grand finale – with 1 million naira up for grabs – the promo comprises three distinct categories, each offering attractive rewards comprising N10,000 worth of airtime and data, N20,000.00, and N100,000.00 respectively.

 

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In the first category, 100 lucky customers will win N10,000 worth of airtime and data each week for completing a minimum of five transactions on the FirstMobile app.

 

The second category builds up the excitement of the promo, as 100 lucky customers will win N20,000 each for carrying out a minimum of ten transactions weekly.

 

On the other hand, Lucky 50 customers who carry out 25 transactions each month will be rewarded with N100,000 each.

 

The promo culminates in the grand finale draw as two lucky customers with a minimum of 50 transactions will win the whooping sum of N1 million each.

 

Dormant and inactive account holders can immediately become eligible once they reactivate their dormant accounts. Inactive users of FirstMobile only need to update their Apps on their iOS Appstore or Android Playstore and start transacting to qualify.

“We are excited to launch the second season of the FirstMobile CashOut promo which is designed to empower our customers with a wide range of innovative banking solutions at their fingertips on the go. Our goal is to continually enhance our customers overall digital banking experience and satisfaction. The promo gives us an opportunity to reward and celebrate our esteemed customers’’, said Chuma Ezirim, GE e-Business & Retails Products, FirstBank.

FirstMobile is your digital friendly mobile banking app that offers you a state-of-the-art digital banking experience on the go, irrespective of where you may be across the world.

 

The banking experience on the app has been boosted with new features, including the generation of receipts hours, days, or weeks after a transaction, as well as enabling customers meet urgent needs through the micro loan service, FirstCredit on the FirstMobile app.

 

Other offerings include FX Conversion to Naira- Customers can convert foreign currency in their domiciliary accounts to Naira without visiting the Bank as well as bulk activate their Virtual Cards.

Customers need to update their FirstMobile App to the new FirstMobile version 2.9.7 to access these new features.

 

Opening a FirstBank account is as easy as ABC. Simply dial the USSD code *8940# and follow the prompts or visit https://openaccounts2.firstbanknigeria.com/

 

Alternatively, you can step into any FirstBank branch near you to initiate the account opening process.

 

For more information about the FirstMobile CashOut promo, visit  https://www.firstbanknigeria.com/Terms-and-Conditions-on-FirstMobile-Cash-out-Promo.pdf

 

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Dangote Group is the elixir of Gateway int’l Trade Fair – OGUNCCIMA

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Dangote: NANS Write President Tinubu Over mismanagement Of CTIN Funds (Video)

Dangote Group is the elixir of Gateway int’l Trade Fair – OGUNCCIMA

…Subsidiaries hit Ogun trade fair

 

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Ogun State Chambers of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has described the Dangote Group as the driving force of the Gateway International Trade Fair.

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This is just as companies under the leading African Indigenous Conglomerate, Dangote Industries Limited, hit the trade fair with their various products as part of strategies to increase market share and deepen customers’ affection.

 

 

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The President of the chamber, Engr. Mike Akingbade, stated this when Ogun state governor, Dapo Abiodun officially opened the 13th edition of the Trade Fair at the M.K.O Abiola Trade Fair Complex, Oke Mosan, Abeokuta

Akingbade lauded the support of Dangote Group in sustaining the Trade Fair, which he noted has led to the prosperity of the state and economic freedom for the people.

“A special commendation must be given to Dangote Industries Limited which has remained the major sponsor of the Gateway International Trade Fair for many years. The committed support of the Dangote Group is the elixir with which the trade fair is activated and OGUNCCINA is eternally grateful for the wonderful gesture of the company,” he said.

He said the 13th Gateway International Trade Fair with the theme: “Achieving Economic Prosperity through Business Connection, Trade and Investment, “is aimed among others, to allow businesses to expand their reach, access new markets, and diversify their customer base. He emphasized that forging robust business connections, participating in trade activities, and making strategic investments will unlock new markets, stimulate economic growth, and enhance overall prosperity.

The Regional Sales Director, Dangote Cement PLC, Lagos/Ogun, Mr Tunde Mabogunje in his goodwill address, assured Ogun state government and OGUNCIMMA of the continuous support of the company, noting that the Group is dedicated to enhancing the prosperity of Nigeria by creating opportunities for Nigerians and businesses in the country.

Mabogunje said visitors to the Dangote Group’s pavilion at the fair will have the opportunity of buying products of these companies at reasonably reduced prices as the Dangote businesses will be selling at discounted prices.

He also hinted that the Dangote Refinery will be part of the next edition of the Trade Fair.

“We want to appreciate Ogun state for bringing us as a partner. We want to assure you that we will be here next year bigger. By next year, our refinery will be part of the Trade Fair,” he said.

Governor Dapo Abiodun who visited the Dangote pavilion immediately after performing the ribbon-cutting ceremony, commended the company and others for supporting the Trade Fair which he noted is aimed at stimulating economic growth.

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

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… as FG endorses consolidated guidelines

 

 

 

 

 

 

 

 

 

Sahara Weekly Reports That Today, in a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy, Wale Edun, OFR, Minister of Finance and Coordinating Minister of the Economy, presided over a signing ceremony at the Federal Ministry of Finance headquarters in Abuja endorsing the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a cornerstone of the Presidential Directive aimed at enhancing the Nigerian oil & gas sector’s global competitiveness whilst stimulating economic growth.

 

 

 

 

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

 

 

 

 

As disclosed during the signing, the Presidential Directives were developed and coordinated by the Special Adviser to the President on Energy, Mrs. Olu Verheijen to ensure a competitive framework for the Nigerian oil & gas industry. These Consolidated guidelines for the fiscal incentives are based on extensive collaboration across Finance and Petroleum Ministries and involved several key regulatory bodies including the Federal Inland Revenue Service (FIRS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

 

According to Mrs. Verheijen, these new measures have been designed to deliver a competitive Internal Rate of Return (IRR) for Oil & Gas Projects and attract over $10 billion in new investments within the next 12-18 months. They also underscore Nigeria’s commitment to reaching its long term oil production target of 4 million barrels per day whilst enhancing the reliability of gas supply for to boost export earnings and fuel Nigeria’s industrialization.

 

Mrs. Verheijen disclosed that among the guidelines signed were the NUPRC Guideline on Hydrocarbon Liquids Content in a Non-Associated Gas (NAG) Field, essential for accurately categorising and quantifying the hydrocarbon liquid content in these fields. Additional guidelines focused on the applicability of tax credits and allowances for Non-Associated Gas Greenfield Development and the Midstream Capital and Gas Utilization Allowance, providing taxpayers with clarity on the computation of these benefits.

 

HM Edun, in his remarks, thanked President Bola Ahmed Tinubu for signing the directive in February 2024 to engender growth in the Nigerian oil and gas sector, which had stagnated for over the last decade. He also emphasised the potential of the guidelines, saying, “The idea is to create an atmosphere conducive to international competitiveness such that investment comes in. And in this case, we know it’s foreign direct investment”.

 

The signing ceremony was attended by various stakeholders, including NNPC Limited, Oil Producers Trade Section (OPTS) and the Independent Petroleum Producers Group (IPPG), further highlighting Nigeria’s unified approach toward reinvigorating its oil and gas sector.

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ASR AFRICA KICKS OFF THE CONSTRUCTION OF A N250 MILLION ABDUL SAMAD RABIU SPORT COMPLEX FOR THE UNIVERSITY OF JOS

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ASR AFRICA KICKS OFF THE CONSTRUCTION OF A N250 MILLION ABDUL SAMAD RABIU SPORT COMPLEX FOR THE UNIVERSITY OF JOS

 

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The Abdul Samad Rabiu Africa Initiative (ASR Africa), the philanthropic initiative of the Chairman of BUA Group, Abdul Samad Rabiu (CFR, CON), has kicked off the construction of the N250 million sport complex for the University of Jos. The sporting facility which is sited at the Naraguta Campus of the university, is set to consolidate the preparedness of the university in hosting the Nigerian Universities Games Association (NUGA).

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The facility will feature a 300-seater spectator stand, changing rooms, a lawn tennis court, and a basketball court.
Speaking at the event, the Vice Chancellor of the University, Prof. Tanko Ishaya, praised the Chairman of ASR Africa, Abdul Samad Rabiu for the critical facility intervention. He mentioned that at the time of the institution’s nomination by ASR Africa for this laudable project, the university management was concerned about sourcing for funds to meet up with its nomination as the host university for the NUGA games. He added that with the ASR Africa TEGS grant, the university is positioned to host more games during the tournament.

 

 

 

 

The Vice Chancellor noted that the university signed a memorandum of understanding with the International Sports University in South Korea to develop a comprehensive sports programme to harness the talents that abound across the country in the various fields of sports and this complex would be a business boost to implement the agreement.

 

 

 

The Managing Director of ASR Africa, Dr. Ubon Udoh, applauded the management of the University of Jos for being an outstanding institution. He added that all of the universities who are beneficiaries of the ASR Africa Tertiary Education Grant Scheme, were selected based on some stringent criteria which include the quality of leadership, the academic excellence at the University, amongst others. Dr Udoh assured the university of the speedy completion of the project ahead of NUGA games and reiterated the commitment of the Chairman of BUA Group and ASR Africa, in supporting the education sector in Nigeria and Africa as a whole by providing indigenous solutions.

 

ASR AFRICA KICKS OFF THE CONSTRUCTION OF A N250 MILLION ABDUL SAMAD RABIU SPORT COMPLEX FOR THE UNIVERSITY OF JOS

About ASR Africa
ASR Africa is the brainchild of African Industrialist, Philanthropist and Chairman of BUA Group, Abdul Samad Rabiu, the Abdul Samad Rabiu Africa Initiative (ASR Africa) was established in 2021 to provide sustainable, impact-based, homegrown solutions to developmental issues affecting Health, Education and Social Development within Africa.

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