Finance

First Bank reiterates commitment towards creating wealth for Unbanked

FirstBank changes names of UK, Africa subsidiaries

First Bank of Nigeria Plc has noted that recreating wealth for the unbanked and improving their standards of living would continue to be its major focus while leveraging digital offerings to drive financial inclusion.

The Managing Director, First Bank Nigeria Plc, Dr. Adesola Adeduntan, stated this during the commissioning of the Institute of Chartered Accountants of Nigeria (ICAN) Entrepreneurship Development Centre (EDC) situated at Amuwo-Odofin, Lagos at the weekend.

Read:  MTN to boost stock market liquidity by N375bn

He expressed excitement at the birthing of the project while adding that ICAN is widely acclaimed for supporting national capacity building and economic self-reliance by raising and training astute accounting professionals working tall within and outside the borders of this country. 

Adeduntan, who was represented by the bank’s Chief Financial Officer, Patrick Iyamabo, said that First Bank, being a foremost financial institution on the continent is an ardent proponent of raising and nurturing professionals across all fields, especially in accounting, which is at the center of business anywhere. 

Read:  Late filing: NGX slams N719.7m fine on Conoil, others

According to him, “For over 128 years of First bank’s continuous unbroken operations, many more economic cycles, industry transformations whilst reinventing itself many more times than any financial institution on the continent.”

Earlier in her keynote address, the President of ICAN, Comfort Eyitayo, while commending First Bank for the joint collaboration of the project, said the EDC is a conscious and deliberate effort to drastically reduce the number of unemployed accountants and other participating public.

Read:  World Bank: Nigeria’s Economy to Grow By 2.5per cent in 2022.

“The ICAN EDC is envisioned to provide practical and world class capacity building programs in the areas of professional practice and fintech with a potential of expansion into production activities,” Eyitayo said.

Thisday

Related posts

Mobile Transfers by Bank Customers Hit N12.8tr in 9 months – Report

NigGal

World Finance Awards: Zenith Bank wins best commercial bank

NigGal

Crypto market value tops $3 Trillion for first time

NigGal

Development Bank rated best institution in transparency, integrity

NigGal

Fidelity Bank’s N41.2bn bond gets ‘A-’ rating

NigGal

United Capital launches special dollar-denominated fund

NigGal

Leave a Comment