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LASG TO HOLD 2025 PUBLIC SERVICE EXAMINATIONS AS SCHEDULED

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Lagos Begins E-Registration, Payment for 2026 UBE by CAS, Placement Test

The Lagos State Government has affirmed that the 2025 Public Service Examinations will hold as scheduled for all duly registered cadres across its Ministries, Departments, and Agencies, MDAs.

Director of the Lagos State Examinations Board, Mr. Orunsolu Adebayo, in a statement confirmed that the conduct of the examinations remains unchanged.

The examinations are slated to take place from Tuesday, May 13 to Monday, May 19, 2025, at the Public Service Staff Development Centre (PSSDC), Magodo, Lagos.

Mr. Orunsolu urged all candidates to log into the Examinations Board Portal at https://examsboard.lagosstate.gov.ng using the username and password provided during registration to print their examination slips.

He emphasized the importance of printing a clear copy of the sitting arrangement in advance.

In preparation for the examinations, candidates are required to report to the examination centre with valid means of identification, which may include Staff ID, National Identification Number (NIN), and Lagos State Residents Registration Agency (LASRRA) card, among others.

A printed copy of the Exam Slip must also be presented at the examination hall.

Blacktalker reports that to maintain a conducive examination environment, electronic gadgets such as mobile phones, iPads, smartwatches, and similar devices are strictly prohibited in the examination hall.

Mr. Orunsolu advised all candidates to comply with these guidelines and prepare adequately for a smooth and successful examination. He wished them success as they take this significant step in their career progression.

Report: How Corporations Hook Nigerians On Unhealthy Foods, Increase NCDs

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JUNK ON OUR PLATES
R-L: Zikora Ibeh, Assistant Executive Director Corporate Accountability and Public Participation Africa (CAPPA); Akinbode Oluwafemi, Executive Director CAPPA; Humphrey Ukeaja, Industry Monitoring Officer CAPPA; Adebayo Adenike, member Healthy Food Policy Youth Vanguard (HFPYV) and Opeyemi Ibitoye, Programme Officer Sugar Sweetened Beverages Tax Campaign CAPPA during the Media Presentation and Launch of “Junk on Our Plates: Exposing Deceptive Marketing of Unhealthy Foods Across Seven States in Nigeria" at CAPPA's office in Lagos on Wednesday.

A new report has exposed how food corporations use a sophisticated web of marketing strategies to get Nigerians – especially children and young adults – hooked on ultra-processed foods which damage their health, undermine public health policies, and cost the Nigerian healthcare systems billions.

The report “Junk on Our Plates: Exposing Deceptive Marketing of Unhealthy Foods Across Seven States in Nigeria” was unveiled Wednesday in Lagos by pan-African nongovernmental organisation, Corporate Accountability and Public Participation Africa (CAPPA).

It detailed a systematic, profit-driven assault on public health by the food and beverage industry, CAPPA said.

According to the NGO, the findings showed that through “aggressive marketing, cultural co-optation, celebrity endorsements, and deceptive labelling, the corporations had entrenched ultra-processed, high-sugar, and high-sodium products in Nigeria’s food environment—targeting children, youth, low-income communities, and cultural identities to drive sales.

It accused the industry of leveraging extensive advertising, cultural trends, pricing strategies, and distribution networks to influence food culture and dietary habits, often prioritising highly processed, calorie-dense, and nutrient-poor foods due to their profitability and long shelf life.

This, it added, was causing the slow disappearance of healthy, natural, indigenous foods from Nigerians’ menus.

CAPPA acknowledged the Nigerian government’s “bold steps” to confront the challenge by, for example, introducing the Sugar-Sweetened Beverage (SSB) Tax of N10 per litre on SSBs aimed at discouraging their excessive consumption and reducing the risk of diet-related diseases.

It noted further that in 2023, the National Agency for Food and Drug Administration Control (NAFDAC) followed up with regulations on transfats and pre-packaged food labelling, while in March 2025, the government launched the National Guideline for Sodium Reduction, a strategic policy meant to tackle the excessive salt content in packaged foods, a major driver of high blood pressure and heart disease in the country.

“All of these are good steps, Akinbode Oluwafemi, CAPPA’s Executive Director said, but noted that “The food and beverage industry continues to exploit loopholes. They use covert marketing, target children, and take advantage of weak enforcement of existing regulations to flood the market with unhealthy products — tactics reminiscent of the deadly strategies long used by the tobacco industry. In some cases, they also take advantage of weak border controls and ignore product standards altogether.”

CAPPA warned that the widespread promotion of these foods, high in saturated fats, salt, and sugar (HFSS), is increasingly redefining global dietary patterns and impacting public health.

It added that as HFSS foods become dominant in markets worldwide, “non-communicable diseases (NCDs) such as obesity, diabetes, and cardiovascular conditions linked to their excessive consumption have also risen, highlighting the need for stronger public health interventions to balance the food industry’s influence with consumer well-being.”

Raising the alarm, Oluwafemi said: “These tactics undermine existing public health policies,” adding that the industry takes advantage of policy gaps to create an illusion of choice, “while denying people the right to accurate information and healthier options.”

The report made several recommendations, including a call for “stronger rules on marketing, particularly to children.”

Oluwafemi added: “We need clear and readable front-of-pack warning labels on processed foods. We need limits on salt and sugar content. And we need public awareness campaigns and food policymaking that are state-led, free from corporate sponsorship or influence.”

Other recommendations include strengthening regulations on the marketing of unhealthy foods, particularly to children; increasing Nigeria’s SSB tax from N10 to N130 to make sugary beverages less cost-attractive; and implementing national sodium reduction programs.

“Nigeria can take impactful steps toward promoting healthier dietary habits, reducing the crippling burden of non-communicable diseases and safeguarding the well-being of its population,” he added.

Corroborating him, CAPPA’s Assistant Executive Director Zikora Ibeh added: “We have discovered that the food environment in Nigeria these days is changing but for the worse. Increasingly, we are consuming items that are unhealthy. We are taking too much salt, sugar, fat and too much processed items that are harmful.

“Nobody is saying these corporations should be shut down. We’re saying that government needs to step up enforcement and regulations on these products so that people look at products and clearly understand immediately what is bad for eating and how much they are not supposed to consume.”

She urged Nigeria to “also invest in food systems that prioritise the health of its people over the profit margins of multinationals. This means direct public investment in local food production, expansion of agroecological farming systems, and a reversal of trade policies that allow unhealthy foreign products to flood the market.”

Humphrey Ukeaja, Industry Monitoring Officer CAPPA, said the report established the “ongoing trend of false narratives and the tactics of intentional misinformation deployed by the food and beverage industry in Nigeria to promote unhealthy diets.

“These strategies, including extensive advertising, exploitation of cultural trends, and strategic pricing, contribute to the increased consumption of calorie-dense, nutrient-poor foods, driving a rise in non-communicable diseases (NCDs).

“In Nigeria, the prevalence of NCDs has risen sharply over the past decades with these diseases accounting for at least 30 per cent of all deaths annually, and the urgency for effective policy interventions has never been greater.”

Harping on the need to protect children from the industry, CAPPA’s Programme Officer SSB Tax Campaign Opeyemi Ibitoye, added: “If there’s a restriction to how these SSB products are marketed, especially to kids around school, within their schools, this will curb how children request for most of these drinks and products. It will also promote public health, which is our target for this advocacy.”

The NGO thanked “the remarkable efforts of its young advocates under the umbrella of the Healthy Food Policy Youth Vanguard (HFPYV) and the CAPPA Digital Media Volunteers (CAPPA DMV), who devoted time and resources to conducting this offline survey.”

It further acknowledged the technical support and guidance provided by the Global Health Advocacy Incubator (GHAI) team, which birthed the report.

The report can be found online at https://cappaafrica.org/wp-content/uploads/2025/05/Junk-on-our-plates-Offline-Monitoring-Report.pdf

IMOTA RICE MILL: LAGOS PRODUCES OVER 240, 000 BAGS OF RICE, CREATES TEN THOUSAND JOBS

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LAGOS PRODUCES OVER 240, 000 BAGS OF RICE, CREATES TEN THOUSAND JOBS

The Lagos Rice Mill Imota, has produced over 240,127 Bags of 50kg rice and created direct employment for 430 Lagosians, with over 10,000 indirect jobs.

Commissioner for Agriculture and Food Systems, Ms Abisola Olusanya, stated this in her presentation at the 2025 Ministerial Press Briefing marking the sixth year in Office of Governor Babajide Sanwo-Olu.

Olusanya explained that to ensure its sustainability, the state government has forged a partnership with various organisations on the production of paddy and technical support.

According to the commissioner, the state provided 800,000 households with subsidized food items under Ounje Eko Food discount Market Project, supported 3,726 poultry and fish farmers with subsidized feeds under Ounje Eko farmers’ Subsidy Programme.

She also said the state government trained 300 youths in Apiculture (bee keeping) and empowered 70,200 beneficiaries across all value chains with agric inputs and production assets.

“The state also constructed farm access roads (13km), 6 jetties, 15 cottage processing centres for farmers across the State under the APPEALS and Lagos CARES projects in collaboration with the World Bank.

Also, the state implemented youth-centric programmes/projects such as the Lagos Agric scholars programme, LASP, Agrinnovation Club/Agrithon Fund and Eko Flavours competition.”

The Commissioner listed other initiatives of the Ministry to include: the Lagos food festival; urban farming Initiative; Eko Agro mechanisation project; the establishment of the aquaculture production and processing centre, LACE, Lagos Agripreneurship programme, among others.

LASG ACHIEVES 3 BILLION NAIRA TRANSACTIONS AT MUSHIN FOOD HUB

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LASG ACHIEVES 3 BILLION NAIRA TRANSACTIONS AT MUSHIN FOOD HUB

The Mid-Level Agro Produce Hub launched by the Lagos State Government in December 2023, at Idi-oro in Mushin, has traded food produce valued at over 3 billion Naira.

Commissioner for Agriculture and Food Systems, Ms Abisola Olusanya, made this known during the 2025 Ministerial Press Briefing marking the sixth year in Office of Governor Babajide Sanwo-Olu.

Olusanya noted that the establishment of Lagos Cattle Transit Station, Ranches, Central Food Security Systems and Logistics Hub in Epe is a show of unwavering commitment by the administration towards raising the bar of the agricultural space.

She said the development of the 5-year agricultural and food systems roadmap, as well as the food security systems policy document, has been a source of guidance towards ensuring productivity in the agricultural space.

“The Mid-Level Agro Produce Hub at Idi-oro Mushin was commissioned on the 17 of December, 2023, by Mr. Governor, and has commenced market operations with sales of Farm Fresh Agro Produce every Wednesday and Saturday. So far, the total value of transactions at the Hub since inception is put at over 3 billion Naira.

LASG ACHIEVES 3 BILLION NAIRA TRANSACTIONS AT MUSHIN FOOD HUB

“The Hub is the second tier of the food system transformation agenda of the present administration in the state; an additional three Mid-Level Agro Produce Hubs are at various levels of construction at Agege, Abijo and Opebi.”

“Governor Babajide Olusola Sanwo-olu has started a revolution in the agro space and this will enshrine the changes that Lagosians desire in having wholesome foods at affordable prices, processed under hygienic conditions and marketed in dignified facilities,” she said

Olusanya noted that the population of Lagos state is projected to increase to about 24 million by 2030, stressing that it becomes expedient to ramp up food production in the state.

According to her, “The food demand of the state will rise to N7.96 trillion per annum by 2030. At present, with the local food production output, the state will need to import food worth about N3.38 trillion per annum by 2030 to meet demand. To achieve 40% local production, the state needs to grow its production by about 20% per annum.”

Further reeling out the scorecard of the Ministry in the past years, the Commissioner said the state government through the ministry has implemented numerous programmes that have impacted positively on food production, agro enterprises and created job opportunities in various segments of the Agric value chain.

She said the state food system transformation agenda, as well as the produce for Lagos programme, has redefined marketing, transportation and processing while establishing upcountry partnerships for consistent supply food to the state.

The Commissioner also noted that the state government initiated the food discount markets, as well as farmers’ discount markets; the Ounje Eko initiative to cushion the effects of the high cost of animal feeds and support communities with affordable food through the farmers subsidy programme.

Governor Soludo Completes Anambra Government House, Breaking 34-Years Jinx

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Governor Soludo Constructs Double Lane Trans-Nkisi Boulevard, G.R.A, Onitsha

Governor Charles Soludo has completed the state-of-the-art Government House and Lodge in the state’s capital, Awka, Anambra State.

With this, Soludo has broken a 34-year jinx of the state not having a befitting government house after its creation in 1991.

The facility that is about to be commissioned is a promise kept by Governor Soludo, who is popularly called Mr. Fixer, Mr. Reformer and Mr. Jinx Breaker.

His solution-driven governance has wowed critics, with developmental projects that signpost his sincere commitment to making Anambra a destination, a livable and prosperous state. Also delivered is the sprawling Solution Fun City, a tourist delight that will enhance the comfort of the people of the state.

Also, delivered by the Soludo administration is the 19.1km Awkuzu, Igbariam, Anaku link road connecting communities in the area.

According to Adichie Izuchukwu, the Senior Special Assistant to Governor Soludo on New Media, the new government house is not just an infrastructure project; it represents a milestone and a generational change that carries historical significance.

The governor’s regeneration drive also includes other ongoing projects such as the eight strategic roads in Omagba Phase Two, namely, Umunya Street, Heritage Street, Elite Club Road/ Heritage Extension Udodi Street, Enugu-Agidi Street extension 1 & 2, Ofonze Street, Anam Street, Ikemba Street, and Extension / Best Aluminum Street, and Esotrack Street.

This is part of Soludo’s ongoing infrastructure revolution, which is based on the strategic road selection intended to increase connectivity between communities in Anambra.

JTI Appoints Abdallah Simba as General Manager, Nigeria

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JTI Appoints Abdallah Simba as General Manager, Nigeria

Japan Tobacco International (JTI) has announced the appointment of Abdallah Simba as the new General Manager for its Nigeria operations, effective May 1, 2025.

Abdallah brings nearly two decades of commercial and strategic leadership experience to the role, having held key positions across multiple markets and at JTI’s global headquarters in Geneva.

He joined JTI in Tanzania in 2005 in Marketing before taking on an international assignment in Ireland in 2009. He later transitioned into broader commercial roles, leading various Sales and Trade Marketing capabilities with increasing responsibility. In 2013, Abdallah moved to JTI’s global headquarters in Geneva, where he progressed into senior roles within the Global Commercial Strategy function. In these roles, he led the optimization of business models, guided market strategies, and up-skilled commercial teams across a wide range of markets.

Most recently, Abdallah served as Country Manager for Slovakia, where he successfully led profitable multicategory growth and operational strengthening, positioning the business for long-term sustainability.

He holds a Bachelor of Science degree from Southern New Hampshire University in International Business.

Abdallah’s appointment underscores JTI’s commitment and ambition to deepen its footprint in the Nigerian market. He succeeds Thomas Adams, who has led the Nigerian business successfully over the past four years.

Speaking on his new appointment, Abdallah said, “I am delighted to lead JTI Nigeria at this time. Nigeria is an important market with tremendous potential, and I look forward to working with the amazing team here to continue to grow our business in a sustainable manner.”

NIMC Launches NIN Authentication Service as President Tinubu Approves Use of NIN Authentication Across MDAS

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NIMC Pushes Digital Public Infrastructure to Improve Service Delivery, National Security

The Federal Government of Nigeria has approved the launch of the NIMC NIN Authentication for secure and seamless identity verification and authentication.

This as President Bola Ahmed Tinubu, GCFR, directed the use of NIN Authentication for verification and authentication across Ministries, Departments and Agencies, MDAs.

Head of Corporate Communications in NIMC, Kayode Adegoke (Ph.D), said this is in line with the Commission’s mandate of regulating a reliable National Digital Identity for citizens and legal residents to affirm their identity

The launch of the “NIN Authentication (NINAuth),” a cutting-edge suite of services that include web, API and mobile verification designed to enhance data security, protect privacy and simplify access to government services, is part of President Tinubu, Renewed Hope Agenda on strengthening the National Identity Management System.

The NIMC NINAuth application is the official service for integration with the Commission’s backend infrastructure. It Introduces a robust layer of protection, empowering individuals with greater control over their personal information.

By requiring explicit consent before data is shared for Know Your Customer (KYC) processes or other verifications, the platform fosters trust, transparency, and user autonomy in digital identity management.

With NINAuth, individuals can securely verify their identity and access key government services, including:

• Sim registration and replacement

• Immigration applications and passport processing ⁠

• ⁠Tax filings and financial transactions

• ⁠Government Intervention Programs in various MDAs

• Driver’s license renewals and other regulatory processes, etc,.

Key Features and Benefits include:

 • Enhanced Security—Protects personal data from unauthorized access.

 • User Control—Empowers individuals with the freedom to manage their data-sharing preferences.

 • Seamless Access—provides a secure single sign-on solution for convenient access to services.

This innovation reaffirms NIMC’s commitment to advancing secure and efficient digital identity management, ensuring a more accessible, transparent, and secure identity verification system in Nigeria.The NINAuth application provides a secure, scalable, and interoperable interface for identity verification through API integration.

It is designed to facilitate real-time authentication of NIN records, thereby promoting effective service delivery, database harmonization, and compliance with the National Identity Policy of the Federal Government of Nigeria. The NINAuth service has been designated as the exclusive platform for all NIN-based verification and authentication integration processes for optimal services.

Nigerians are required to download the NINAuth App on Google Play Store and Apple iOS App Store to use the NIN Authentication Service. The implementation guide and process flow of the NIMC NIN Authentication are available at https://ninauth.nimc.gov.ng.   

Cascador, Sterling Bank Launch Breakthrough Funding for Nigerian Entrepreneurs

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Cascador and Sterling Bank Launch Breakthrough Funding for Nigerian Entrepreneurs

Cascador, Nigeria’s premier accelerator for mid-stage entrepreneurs, has announced a landmark partnership with Sterling Bank to launch a bold new debt funding model to unlock growth for Africa’s most promising ventures.

Backed by a $2 million Catalytic Fund, the partnership introduces flexible, founder-friendly financing for Cascador alumni; pairing low-interest debt with business mentorship, tailored repayment terms, and dramatically reduced collateral requirements.

“This is a breakthrough moment for Cascador and for the entrepreneurs we serve,” said Dave DeLucia, Founder of Cascador.

“Through our partnership with Sterling Bank, we’re deploying capital in a way that’s truly catalytic -pairing mentorship and education with access to capital that’s structured around the real-life cash flows of growing businesses.”

Sterling Bank will serve as fund custodian and structuring partner, offering entrepreneurs access to a diverse portfolio of instruments, from equipment loans to revenue-based financing, designed for mid-stage SMEs in sectors critical to Nigeria’s future: healthcare, logistics, education, manufacturing, agri-business, and financial inclusion.

“We’re proud to support purpose-driven entrepreneurs with capital that meets them where they are -flexible, affordable, and designed around the realities of building a business in Nigeria,” said Abubakar Suleiman, Managing Director and CEO of Sterling Bank. “This isn’t just about funding, it’s about creating a new kind of financial support system that prioritises impact over formality and progress over paperwork.

We hope the fund presents a new model for capital deployment -one that other institutions and private investors across the continent can adopt to unlock the potential of Africa’s entrepreneurs.

Unlike conventional lending, the Sterling-Cascador model emphasises trust, traction, and long-term viability.

Beneficiaries will enjoy custom repayment plans and reduced risk lending, supported by a first-loss guarantee from Cascador and technical assistance from leading business advisors.

Applications for the Catalytic Fund opened February 14th and will culminate in a highprofile, invitation-only Pitch Day on May 14, 2025 where finalists will present to an elite investment committee composed of business leaders, faculty advisors, and investment professionals. Cascador will allocate both debt and equity funding based on impact, business viability, and long-term growth potential.

Additional partners include the Nigeria Sovereign Investment Authority (NSIA) and the Development Bank of Nigeria (DBN), who will sponsor innovation awards for top performing ventures at the Pitch Day event.

Since 2019, Cascador has supported over 60 entrepreneurs who have collectively raised more than $55M and created thousands of jobs across the continent.

The launch of the Catalytic Fund, and the collaboration with Sterling Bank, represents a powerful new chapter in Cascador’s mission to strengthen Africa’s entrepreneurial ecosystem.

Entrepreneurs are encouraged to apply for admission to Cascador’s 2025 accelerator program and, ultimately, eligibility for the Catalytic Fund.

About Cascador

Cascador is an annual, intensive programme focused on developing mid-stage Nigerian entrepreneurs who are scaling mission-driven companies. Through a unique blend of education, mentoring, and personalized support, Cascador empowers entrepreneurs to make a positive impact through job creation, innovation, and development of opportunities for underprivileged and marginalized communities.

Learn more at cascador.org.

About Sterling Bank
Sterling Bank is a leading Nigerian commercial bank and one of Africa’s most progressive financial institutions, widely recognized for its bold approach to customer advocacy and ethical banking. From eliminating local transfer fees through its OneBank platform to championing inclusive access to capital, the bank has consistently led with impact.

Renowned for its HEART of Sterling strategy, which focuses major investments into the Healthcare, Education, Agriculture, Renewable Energy, and Transportation sectors of the Nigerian economy, Sterling
continues to build financial solutions that go beyond banking to enable dignity, mobility, and opportunity for millions of Nigerians.

Explore Sterling Bank offerings at sterling.ng.

FIRSTBANK,ESTARS FORGE INNOVATIVE PARTNERSHIP TO ELEVATE ESPORTS EDUCATION

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FirstBank Partners NTA, Others for 2026 Children’s Day Activities

FirstBank, the West African premier bank and financial inclusion service provider, has announced a strategic collaboration with EStars Education Africa Limited, a global leader in educational esports.

The partnership provides a platform for FirstBank to support the rollout of EStars’ comprehensive esports qualifications, including entry-level Certificates and BTEC courses in esports. These programmes are designed to equip students with the necessary skills and knowledge to excel in the burgeoning esports industry.

In addition to educational initiatives, FirstBank and EStars are exploring the development of a co-branded gaming credit card, with the goal of enhancing customer experience and offering them a unique blend of exclusive benefits, rewards, and gaming-centric features.

As a leading financial services provider in Africa, with a vast network of over 820 business locations and 39 million+ customer accounts, FirstBank is uniquely positioned to drive economic growth and empowerment. The collaboration with EStars embodies FirstBank’s commitment to innovation, youth development, and supporting emerging sectors like esports, ultimately ensuring a stable economic future for generations to come

Mags Byrne, EStars CEO stated: “We are thrilled to be partnering with FirstBank, Nigeria’s oldest bank, to introduce our educational products to their customers.  Our aim is to bring educational esports to all of Africa, and innovative partnerships like this make this possible”. 

Joel Popoola, EStars’ Africa Advisor added: “This partnership between EStars and FirstBank marks a significant milestone in advancing esports education in Nigeria. By integrating structured learning pathways into the rapidly expanding esports industry, we are providing Nigerian students with the opportunity to develop essential digital, entrepreneurial, and technical skills that are critical for the future workforce. This collaboration is about more than just gaming—it’s about equipping young people with the knowledge and competencies they need to thrive in a digital economy, opening doors to new career opportunities in technology, manufacturing, and beyond.”

Expressing enthusiasm about the partnership, Chukwuma Ezirim Group Executive, E-Business and Retail Products Division, FirstBank, said “We are excited to collaborate with EStars in pioneering esports education for the youths. Esports present a new frontier of creativity, innovation and career opportunities. We recognize the vast potential of esports in shaping the future of our youth and we are ready to harness it for their benefits. By investing in esports education, we are not only opening up exciting career paths for the youths but also contributing to the growth and development of the African esports ecosystem. FirstBank is proud to be at the forefront of this innovative endeavour”

About FirstBank

First Bank of Nigeria Limited “FirstBank”, established in 1894, is the premier bank in West Africa, a leading financial inclusion services provider in Africa, and a digital banking giant. 

FirstBank’s international footprints cut across three continents ─ Africa, Europe and Asia, with FirstBank UK Limited in London and Paris; FirstBank in The Democratic Republic of Congo, Ghana, The Gambia, Guinea and Sierra Leone; FBNBank in Senegal; and a FirstBank Representative Office in Beijing, China. All the subsidiary banks are fully registered by their respective Central Banks to provide full banking services.

Besides providing domestic banking services, the subsidiaries also engage in international cross-border transactions with FirstBank’s non-Nigerian subsidiaries, and the representative offices in Paris and China facilitate trade flows from Asia and Europe into Nigeria and other African countries.

For over 13 decades, FirstBank has built an outstanding reputation for solid relationships, good corporate governance, and a strong liquidity position, and has been at the forefront of promoting digital payment in the country with over 13 million cards issued to customers (the first bank to achieve such a milestone in Nigeria). FirstBank has continued to make significant investments in technology, innovation and transformation, and its cashless transaction drive has been steadily accentuated with virtually over 25 million active FirstBank customers signed up on digital channels including the USSD Quick Banking service through the nationally renowned *894# Banking code.

With over 43 million customer accounts (including digital wallets) spread across Nigeria, UK and sub-Saharan Africa, the Bank provides a comprehensive range of retail and wholesale financial services through more than 820 business offices and over 280,000 agent locations spread across 772 out of the 774 Local Government Areas in Nigeria.

In addition to banking solutions and services, FirstBank provides pension fund custody services in Nigeria through First Pension Custodian Nigeria Limited and nominee and associated services through First Nominees Nigeria Limited.

FirstBank’s commitment to Diversity is shown in its policies, partnerships and initiatives such as its employees’ ratio of female to male (about 41%:59%; and 37% women in management roles) as well as the FirstBank Women Network, an initiative that seeks to address the gender gap and increase the participation of women at all levels within the organisation.  In addition, the Bank’s membership of the UN Women is an affirmation of a deliberate policy that is consistent with UN Women’s Women Empowerment’s Principles (WEPs) ─ Equal Opportunity, Inclusion, and Nondiscrimination.

For six consecutive years (2011 – 2016), FirstBank was named “Most Valuable Bank Brand in Nigeria” by the globally renowned The Banker Magazine of the Financial Times Group and “Best Retail Bank in Nigeria” eight times in a row, 2011 – 2018, by the Asian Banker International Excellence in Retail Financial Services Awards.

Significantly, FirstBank’s Global Credit Rating was A+ with a positive outlook while ratings by Fitch and Standard & Poor’s were A (nga) and ngBBB+ respectively both with Stable outlooks as at September 2023. FirstBank maintained the same level of international credit ratings as the sovereign; a milestone that was achieved in 2022 for the first time since 2015.

In 2024, FirstBank received notable international awards and accolades. Some of these include Nigeria’s Best Bank for ESG 2024 and Nigeria’s Best Bank for Corporates 2024 both awarded by Euromoney Awards for Excellence; Best SME Bank in Africa and in Nigeria by The Asian Banker Global Awards; Best Private Bank in Nigeria and Best Private Bank for Sustainable Investing in Africa by Global Finance Awards; Best Corporate Bank in Nigeria 2024, Best CSR Bank in Nigeria 2024, Best Retail Bank in Nigeria 2024, Best SME Bank in Nigeria 2024 and Best Private Bank in Nigeria 2024 all awarded by the Global Banking and Finance Awards.

FirstBank has continued to gain wide acclaim on the global stage with several international awards and recognitions received so far in 2025 which includes Best SME Bank in Nigeria 2025 and Best SME Bank in Africa 2025 by The Asian Banker; Best Private Bank in Nigeria 2025 and Best Private Bank for Sustainable Investing in Africa 2025 by Global Finance Awards; SME Financier of the Year in Nigeria 2025 by The Digital Banker Global SME Banking Innovation Awards; Best Retail Bank in Nigeria 2025 and Best Bank for Empowering Women Entrepreneurs in Nigeria 2025 all by The Annual Global Economics Awards.

Our vision is “To be Africa’s Bank of first choice” and our mission is “To remain true to our name by providing the best financial services possible”. This commitment is anchored on our core values of EPIC – Entrepreneurship, Professionalism, Innovation and Customer-Centricity. Our strategic ambition is “To deliver accelerated growth in profitability through customer-led innovation and disciplined execution” and our brand promise is always to deliver the ultimate “gold standard” of value and excellence to position You First in every respect.

Wema at 80: FG, State Governors, Laud Wema Bank’s resilience, industry leadership, impact

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Wema at 80: FG, State Governors, Laud Wema Bank’s resilience, industry leadership, impact
L-R: Governor of Ogun State, His Excellency Dapo Abiodun; Governor of Ondo State, His Excellency Lucky Aiyedatiwa, MD/CEO Wema Bank PLC, Moruf Oseni and Governor of Oyo State, His Excellency Seyi Makinde at the Wema Bank 80 Years Anniversary Gala Night Held in Lagos over the weekend...

Wema Bank, Nigeria’s most innovative bank has officially marked its 80th anniversary on May 2nd, 2025, receiving national commendation for its trailblazing legacy as Nigeria’s oldest and longest surviving indigenous bank.

Established as Agbonmagbe Bank Limited in 1945, Wema Bank paved the way for indigenous banking to thrive in Nigeria, challenging colonial monopoly of the banking industry to become a provider of financial services tailored to the needs of indigenous Nigerians and businesses.

8 decades later, Wema Bank has not only metamorphosed into a leader in banking and innovation, but also remained unwavering in its commitment to empowering Nigerians with access to financial services. At 80 years, Wema Bank is proof that indigenous businesses can thrive in Nigeria.

Congratulating Wema Bank in a statement released on May 1, 2025, His Excellency, President Bola Ahmed Tinubu, the President of the Federal Republic of Nigeria, commended the Bank for its unwavering resilience and technological innovations, which have set it apart among Nigeria’s banks.

“Over the last eight decades, the bank has focused on the vision of its founding fathers to support Nigerian businesses across all the key economic sectors with strategic business advisory and financial support, which are vital for sustainable growth”, he remarked.

Further commending the Bank’s leadership for staying the course and steering the ship in the right direction, the President underscored WEMA Bank’s 80 years of impact in the Nigerian financial services sector, expressing his confidence in the Bank’s brighter future.

Pledging continued commitment to digital innovation, inclusive banking, and customer-focused service, Wema Bank’s MD/CEO,Moruf Oseni extended gratitude to the government, as well as the Bank’s partners, customers, shareholders, employees and other stakeholders, for their support and contributions to Wema Bank’s 80-year journey of transformation.

According to him, “Corporate longevity in Nigeria is not very common. Many banks, institutions and household names from the 1900s are no longer in existence, and now only live in our memories and industry folklore. Against this bleak backdrop, Wema Bank’s story shines. The fact that this great bank is even older than our beloved nation and is still thriving at 80, is a thing of pride and worthy of celebration”.

“To our customers, new and old, thank you for trusting Wems Bank to steward your finances. To our shareholders, thank you for your steady faith and confidence in us. To employees past and present, your tenacity , diligence and commitment to execution has built this legacy , and I say a huge thank you for all you do. I thank the President for his foresight and unwavering commitment to the preservation of our legacy”.

“Wema Bank is 80 years strong—and still driven by purpose, innovation and people. We have a big and bold vision for Wema Bank. The most imminent milestone is our return to the top tier of banking in Nigeria, and as we look to the future of possibilities ahead, we will remain committed to the time-tested principles that have brought us this far—creativity, innovation and an incurable obsession with our customers”, Oseni said.

Other dignitaries further lauded Wema Bank in person at the 80th anniversary Gala which took place in Lagos, Nigeria, on May 2nd, 2025. Among these dignitaries were the Governor of Oyo State, Engr. Seyi Makinde, the Governor of Ogun State, Prince Dapo Abiodun and the Governor of Ondo State, Hon. Lucky Aiyedatiwa.

Representatives of Vice President Kashim Shettima, as well as the First Lady, Senator Oluremi Tinubu, also conveyed the federal government’s appreciation for Wema Bank’s contributions to inclusion and economic development over the decades.