FirstBank Promotes Financial Independence, introduces “FutureFirst” initiative

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First-Bank-150x150The future is often said to be here already as the world continues to witness man’s ingenuity in various disciplines. But there yet remains a need for deliberate financial planning to ensure a fulfilled future. It is the drive to birth this future of financial security in our children that has inspired the nation’s biggest financial institution First Bank of Nigeria Ltd to design a new initiative aptly titled ”FutureFirst.”

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FutureFirst, an initiative from FirstBank’s corporate responsibility and sustainability platform involves two platforms; Career Counseling and Financial Literacy Programme both aimed at ensuring Nigerian youths are financially independent through fulfilling careers and the right financial knowledge.

 

The Career Counseling Programme will equip public secondary school students with the knowledge needed for career planning and fulfillment to prevent the long-term negative effects in their future that can be associated with the wrong career move while the Financial Literacy Programme has been designed to provide an experiential supplement to the business education of high school students in Nigeria and empower students with financial knowledge through training on running a business and the basics of money to promote a savings culture amongst them.

 

FutureFirst through the Career Counseling and Financial Literacy Programme will be used to empower secondary school students between the ages of 12 and 17years old in JSS 2 to SS2 to build fulfilling careers and be better equipped with the tools and knowledge for long-term financial independence.

 

According to the Head, Marketing & Corporate Communications FirstBank, Mrs. Folake Ani-Mumuney, FutureFirst initiative has been developed to use the Bank’s corporate responsibility and sustainability platform to achieve its main objective of engaging the youths, changing their perception and building a banking relationship with them.

“Through ‘FutureFirst’ initiative, a total of 20 public schools in the Lagos metropolis will benefit from the project which will be implemented based on a structured employee volunteering program where employees of FirstBank will offer one hour weekly for a period of 8 to 13 weeks and employ their skills in providing career counseling and financial literacy knowledge to secondary school students”. she said.

 

About FirstBank

First Bank of Nigeria Limited is Nigeria’s leading financial services institution by total assets and gross earnings and one of the largest corporate and retail banking financial institutions in sub-Saharan Africa (excluding South Africa). Since its establishment in 1894, the Bank has consistently built relationships with customers focusing on fundamentals of good corporate governance, strong liquidity, risk management and strong capitalization.

First Bank operates an extensive distribution network with over 750 business locations (623 branches, 61 quick service points and 69 cash centres/agencies), over 2,397 ATM’s and over 9 million customer accounts. The Bank has five (5) subsidiary companies, providing a comprehensive range of financial services.

The Bank has an international presence through its subsidiaries, FBN Bank (UK) Limited in London, and Banque International de Credit (B.I.C) in the Republic of Congo, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

FirstBank is the recipient of many awards. In 2013, the Bank clinched the “Best Bank in Nigeria” in the Euromoney Awards for Excellence, “Best Bank in West Africa” in the African Banker Awards, “Best Bank in Nigeria” in the EMEA Finance African Banking Awards for the fourth time, “Best Foreign Exchange Services in Africa” in the EMEA Finance Treasury Services Awards, “Best Company in Infrastructure” in the Social Enterprise Reports and Awards (SERAs), “Most Innovative Africa Investor SRI 50 Company” in the Africa Investor Index Series Awards, as well as “The Best Company to Work for in Nigeria” and the “Most Innovative Human Resource Structure in Nigeria” by the Great Place to Work Award. Additionally, for two consecutive years, 2012 and 2013, the Bank has been named “Nigeria’s Number One Banking Brand” by Brand Finance Top 500 Banking Brands and “Best Retail Bank in Nigeria” by the Asian Banker International Excellence in Retail Financial Services Awards. Some other recent awards include “Best Banking Group in Nigeria” by World Finance Banking Awards, “Best Financial Reporting Company” by Africa Investor, “Most Innovative Bank in Africa” by African Banker Awards, “The Bank of the Year in Nigeria” by The Banker Magazine.

Babatunde Akinsola
Babatunde Akinsolahttps://naija247news.com
Babatunde Akinsola is aNaija247news' Southwest editor. He's based in Lagos and writes on the Yoruba Nation political issues, news and investigative reports

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