FirstBank hosts SMEconnect webinar to enlighten SMEs on alternative payment methods that are key to generating revenue


In continuation of its role in promoting the sustainability and viability of Small and Medium Enterprises (SMEs), Nigeria’s premier and leading financial inclusion service provider, FirstBank will organize by 11:00 a.m. on Thursday, March 24, 2022 his SMEConnect webinar on Leveraging Alternative Payment Methods (APM) to generate revenue for your business.

The virtual event is open to everyone, especially small business owners and attendees who must register through to participate in the event.

Guest speakers at the event include Jeffrey Williams–Edem, Group Business Leader, Merchant Acquiring, Interswitch Group and Kolawole Ogunmekan, Head, Digital Innovation Lab, FirstBank.

Around the world, the advent and reinvention of technological practices have given rise to many opportunities that have spearheaded the continued growth of the business environment. Among the areas impacted by technology are payment methods and systems which have evolved relentlessly as businesses have been exposed to simple, transparent and fast ways to facilitate their business transactions with customers and other stakeholders.

The goal of the upcoming webinar is to update businesses with current technology as it relates to payments and demonstrate how adopting alternative payment methods can play a critical role in revenue growth.

Speaking at the event, Mr. Gbenga Shobo, Deputy Managing Director of FirstBank, said: “Payments systems have continued to evolve over the years and given our pedigree of being woven into the fabric in society for 128 years, we have played a vital role in improving the various payment systems.

This trip was the basis to strengthen our experience in supporting our customers through their adaptability and adoption of new payment methods, because with these, our SMEs have been favored to develop their activities.

For many years, the FirstBank SMEConnect webinar series has been the cornerstone of exposing SMEs to dynamic and flexible ways to strengthen their businesses through exposure to new opportunities critical to sustaining and expanding their businesses. The webinar was one of the Bank’s gateways to providing the capacity building pillar of its SME value propositions, which has enabled many companies to reinvent themselves with the relevant competitive advantage.

About FirstBank

First Bank of Nigeria Limited (FirstBank) has been West Africa’s premier bank and Nigeria’s leading provider of financial inclusion services for 128 years.

With over 750 business locations and over 160,000 banking agents spread across 99% of Nigeria’s 774 local government areas, FirstBank offers a full range of personal and corporate financial services to serve its more than 36 million customers. The Bank has an international presence through its subsidiaries, FBNBank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, Gambia, Guinea, Sierra Leone and Senegal, as well as an office of representation in Beijing.

The Bank has been helpful in promoting digital payment in the country and has issued over 11 million cards, the first bank to achieve such a milestone in the country. FirstBank’s cashless transaction campaign reaches more than 10 million people on its USSD Quick Banking service through the nationally recognized bank code *894# and more than 5 million people on the FirstMobile platform.

Since its inception in 1894, FirstBank has consistently built relationships with its clients by focusing on the fundamental principles of good corporate governance, strong liquidity, optimized risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development of the Nigerian economy by playing a key role in the Federal Government’s privatization and commercialization programs. With its global reach, FirstBank offers potential investors wishing to explore the vast business opportunities available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

FirstBank has been named ‘Most Valuable Banking Brand in Nigeria’ six times in a row (2011 – 2016) by the Financial Times Group’s renowned ‘The Banker Magazine’; “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 goal is always to put customers, partners and stakeholders at the heart of our business, even as we standardize customer experience and excellence in financial solutions across sub-Saharan Africa, in accordance with our brand vision “To be the partner of choice in building your future”. Our brand promise is always to provide 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 all respects.


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