Categories: Banking Sector

We Will Support The Economy to Grow, First Bank Vows

To ensure that the country’s economy grows and becomes stabilised, First Bank of Nigeria Ltd has declared that it will take the lead in driving the development of different sectors and industries.

The bank’s Executive Director, Treasury and International Banking, Mr. Ini Ebong, declared this in his opening remarks at this 2023 edition of the Tier 1 lender’s “Nigeria Economic Outlook ” webinar held in Lagos where he said the bank will ensure development within the economies where it operates.

“As a Bank woven into the fabric of the society, FirstBank has a legacy of supporting the growth of businesses as the engine for economic growth and development in Nigeria, across sub-Sahara Africa and beyond.

“And in line with our renewed vision ‘to be Africa’s bank of first choice’, we will take the lead in driving the development of different sectors and industries within the economies where we operate, to support the nation’s overall economic growth and sustainability.”

The director explained that the essence of the webinar was to re-establish the bank’s commitment to and collaborate with its customers and stakeholders as key partners in unleashing the opportunities that will enable their businesses to grow and thrive in 2023 and beyond.

He further stated that as a leading financial institution, FirstBank is committed to leading the discourse on pertinent issues of national and global interests.

One of the keynote speakers at the webinar, Founder and Chief Consultant, B. Adedipe Associates Limited, Dr Abiodun Adedipe, in his keynote speech,  spelt out that Nigeria has lots of untapped opportunities despite the current difficulties as he heaped praises on First Bank for hosting the webinar which he described as “hope to Nigerians by showing them the opportunities that abound in the country.”

According to Adedipe, Nigeria will experience a positive Gross Domestic Product (GDP) growth of 3.19 percent in 2023 if “these opportunities are tapped.”

Chris Emenyonu

Share
Published by
Chris Emenyonu

Recent Posts

Discordant Tunes Greet 50% Tariff Hike As Subscribers Threaten To Sue NCC

Nigerians have expressed displeasure over the decision of the Nigerian Communications Commission to increase tariffs…

1 hour ago

Beatrice Ekweremadu Returns to Nigeria After Serving Sentence in UK

Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has reportedly returned…

1 hour ago

Nigeria Expands Refining Capacity with MRO Energy’s Delta State Refinery

The Federal Government has taken another step toward boosting Nigeria’s refining capacity with the approval…

2 hours ago

Eko DisCo Set for Transformation as Transgrid Enerco Signs Historic 60% Acquisition Agreement

Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity…

2 hours ago

Metering Gap Exceeds 7 Million Despite Multilateral Loans and Government Funds

Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s…

3 hours ago

Petrol Prices Surge to N990 in Abuja, N960 in Lagos as Oil Tops $80 Per Barrel

The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at…

4 hours ago