Firstbank Hosts Smeconnect Webinar To Educate Small Businesses On Alternative Payment Methods That Are Essential To Driving Revenue

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In furtherance of its role in promoting the sustainability and viability of Small and Medium-sized Enterprises (SMEs), Nigeria’s premier and leading financial inclusion services provider, FirstBank, will convene its SMEConnect webinar themed Leveraging Alternative Payment Methods (APMs) to drive revenue for your business at 11:00 am on Thursday, 24 March 2022.

The virtual event is open to everyone, especially small business owners and attendees who register at https://firstbanknigeria.zoom.us/webinar/register/WN hxkQXlKuSji6JDqaA6x34Q.

Jeffrey Williams–Edem, Group Business Head, Merchant Acquiring, Interswitch Group, and Kolawole Ogunmekan, Head, Digital Innovation Lab, FirstBank, will be among the event’s guest speakers.

The introduction and reinvention of technical practices all over the world have given rise to a plethora of options that have fueled the continual growth of the corporate environment. Among the sectors touched by technology are payment methods and systems, which have relentlessly changed as businesses have been exposed to simple, seamless, and time-saving alternatives to facilitate their business transactions with customers and other stakeholders.

The goal of the upcoming webinar is to keep businesses up to date on current payment technologies and explain how the use of alternative payment methods can play an important role in generating revenue growth.

“Payment systems have continued to evolve over the years, and given our lineage of being woven into the fabric of society for 128 years, we have played a critical part in enhancing the various payment systems,” stated Mr Gbenga Shobo, Deputy Managing Director, FirstBank.

This journey has been the foundation for strengthening our experience in assisting our customers through their adaptation and embracing of new payment methods since they have given our SMEs an advantage in developing their operations.”

For many years, the FirstBank SMEConnect webinar series has been the cornerstone for exposing SMEs to lively and flexible ways to develop their businesses by exposing them to new prospects that are vital to sustaining and extending their enterprises. The webinar has been one of the Bank’s entry points for delivering the capacity-building pillar of its value propositions to SMEs, allowing numerous enterprises to reinvent themselves with a relevant competitive edge.

About FirstBank

For 128 years, First Bank of Nigeria Limited (FirstBank) has been the dominant bank in West Africa and the top provider of financial inclusion services in Nigeria.
FirstBank serves over 36 million customers by providing a full range of retail and corporate financial services through over 750 business sites and over 160,000 Banking Agents located across 99 per cent of Nigeria’s 774 Local Government Areas. The bank has a global presence through its subsidiaries, FBNBank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra Leone, and Senegal, and a Representative Office in Beijing.

The bank has been instrumental in pushing digital payment in the country, having issued over 11 million cards, making it the first bank in the country to do so. FirstBank’s cashless transaction push includes over 10 million individuals using its USSD Quick Banking service via the nationally recognized *894# Banking code and over 5 million people using the FirstMobile platform.

FirstBank has continually created relationships with customers by focusing on the foundations of solid corporate governance, strong liquidity, optimized risk management, and leadership since its inception in 1894. The Bank has led the financing of private investment in infrastructure development in the Nigerian economy throughout the years by playing significant roles in the Federal Government’s privatisation and commercialization programmes. With its global reach, FirstBank offers prospective investors looking to explore the tremendous business opportunities in Nigeria a globally competitive world-class brand and a reputable financial partner.

FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 – 2016) by the globally renowned “The Banker Magazine” of the Financial Times Group; “Best Retail Bank in Nigeria” for seven consecutive years (2011 – 2017) by the Asian Banker International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years. Our brand purpose is always to put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of the first choice in building your future”. Our brand promise is always to deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership, and people, to position You First in every respect


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