FirstBank Strengthens Partnerships Through Distributor Finance Scheme

1 month ago 10

FirstBank of Nigeria Limited has celebrated its top-performing distributors successful the fast-moving user goods (FMCG) sector, arsenic it reaffirmed its long-standing committedness to empowering businesses and deepening partnerships done its Key Distributor Finance Scheme.

The designation came during the bank’s 2025 Key Distributor Forum for the South-West region, held successful Lagos. Stakeholders, partners, and cardinal players crossed sectors converged to observe excellence and shared growth.

Speaking astatine the event, managing manager and main enforcement of FirstBank,Segun Alebiosu, described the forum arsenic a strategical level to admit the bank’s valued customers portion reinforcing the institution’s relationship-driven philosophy.

“This lawsuit is portion of our lawsuit acquisition and narration absorption initiative,” Alebiosu said.

“Our distributors are not conscionable clients—partners, friends, and an integral portion of our fiscal ecosystem. They enactment us, and we, successful turn, enactment them. Because of their fantastic job, we are present to honour them.”

Noting that the bank’s collaboration with distributors extends beyond concern transactions, helium said, “You are overmuch much than distributors. We are partners due to the fact that we beryllium to the aforesaid ecosystem and stock communal principles. We enactment your principles to grow, and we besides enactment you to turn with them.”

In his opening remarks, radical head, Transaction Banking Division, Mobolade Ojeahere, lauded the resilience and publication of the distributors to the bank’s occurrence story, noting that, “at FirstBank, we judge firmly successful the powerfulness of partnerships. Your feedback helps america improve, and we tin proceed to turn to greater heights. We volition support innovating and enhancing our services to assistance you execute your concern objectives.”

According to Ojeahere, the Key Distributorship Finance Scheme is designed to code the moving superior needs of distributors of FirstBank-approved FMCG principals, enhancing their quality to conscionable marketplace request and prolong growth.
In the non-borrowing distributors class of the awards, Bolarinwa Adetoun won the Platinum Award, and Opeyemi Baking Industry Limited took the Diamond Award. At the aforesaid time, Rukbom Oluwakemi Nig Company, Nicebom Investment Limited, and Felicia Modupeoluwa Trading Company Ltd received Gold, Silver, and Bronze Awards respectively.
The FMCG distributors class saw Laurel Electrical Company, Demiller Farms, Abikka Trading Company Limited, Mut-Keem Concept, and Rollmak Global Concepts look arsenic apical winners. Honourees included Transgeneration Enterprises, Ibukunoluwa Trading Stores, Okeoma Happiness, Whumyte Global Ventures, and Temitope Oil Nigeria Limited successful the cement distributors category.

For award-loyal distributors, Vicmond Ade Enterprises, Tito Trading Stores, Glad Global Concept Limited, Oyinbashy B Nigeria Limited, and Mosebolatan Segun Onasanya Nigeria Limited were recognised for their accordant concern and loyalty.

In the telecommunications category, Demmy Global Resource Limited clinched the Gold Award, Stratford Communications Limited took Silver, portion Awake Interlinks Nigeria Limited received the Bronze Award.

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