Close Menu
    • Betting
      • Nigeria
      • South Africa
        • Betting Sites
          • Football Betting Sites
          • New Betting Sites
          • Best Lucky Numbers Betting Sites
          • Horse Racing Betting Sites
          • Casino Sites
        • Free Bets
          • Hollywoodbets Sign Up Bonus
          • Betway Sign Up Bonus
          • Playabets Sign Up Bonus
          • 10Bet Sign Up Bonus
          • Sportingbet Sign Up Bonus
          • Gbets Sign Up Bonus
        • Casino Bonuses
          • Free Spins
          • No Deposit Bonuses
        • Bookmakers
          • Hollywoodbets Register
          • Betway Register
          • Playabets Register
          • 10Bet Register
          • Sportingbet Register
          • Gbets Register
      • Malaysia
        • Online Casinos
          • Live Casinos
          • 4D Lotto Betting
          • FIshing
          • Bacarrat
          • Blackjack
          • Roulette
          • Real Money Casino Apps
          • eWallet Casinos
          • 918 Kiss
        • Best Betting Sites
          • Football Betting
        • Welcome Bonuses
          • Free Credits
          • Free Credit No Deposit Casinos
          • Free Spins
        • Reviews
          • 1xBet review
          • BK8 review
          • M88 review
          • Dafabet review
          • 96M review
          • Me88 review
          • OB9 review
          • 12Play review
          • We88 review
          • Maxim88 review
          • Uwin33 review
      • Singapore
        • Casino
          • Best Online Casino
          • Live Casino Online
          • Free Credit Casino
          • Online Slots Casinos
        • Top Online Casinos
          • 1xBet
          • BK8
          • B9Casino
          • Uwin33
          • 12Play
          • Maxim88
          • Me88
          • OB9
          • 96M
        • Betting
          • Sports Betting
          • Esports Betting
          • Soccer Betting
          • Football Betting
          • Horse Racing
        • Casino Games
          • 4D Lotto/TOTO
          • Roulette
          • Blackjack
          • Baccarat
          • Mahjong
          • Sic Bo
          • Fishing Game
          • Pai Gow Poker
          • Craps
          • Video Poker
      • Philippines
        • Online Casinos
          • High Slot Volatility Casinos
          • PAGCOR Licensed Casinos
          • Live Casino Sites
          • Minimum Deposit Casino Sites
        • Online Betting
          • Betting Sites
          • Betting Apps
          • Football Betting Sites
          • Sabong Betting Sites
          • NBA Betting Sites
        • Payment Methods
          • Best Paypal Casino Sites
          • PayMaya Casino Online
          • Best Gcash Online Casinos
        • Casino Bonuses & Free Offers
          • Best Casino Bonuses
          • Slot Game Free Bonus
          • Free Bonus Casino No Deposit
          • Jili Casino Free 100 Pesos Bonus
        • Casino Site Reviews
          • BK8 Review
          • Melbet Review
          • PesoBet Review
          • 1xBet Review
      • India
        • Best Betting Sites India
        • 1xBet Promo Code
        • Parimatch Promo Code
        • Stake Promo Code
        • Dafabet Promo Code
        • 1Win Promo Code
      • Casino non AAMS
      • Reviews
      • Austria
      • Betting VPNs
    • 1xbet Promo Code
    • Complete Tips
    • Transfers
    • Features
    • Lifestyle
    • Sports Business
    • Celebrity
    • Back Pass
    • Sports News Extra
    • Blog
    Complete SportsComplete Sports
    • Home
    • 9ja Stars Abroad
    • Nigerian Leagues
      • NPFL
      • NNL
      • NWFL
    • World Football
      • EPL News
      • Bundesliga News
      • La Liga News
      • Ligue 1 News
      • Serie A News
      • UCL News
    • Competitions
      • World Cup
      • AFCON
      • CHAN
      • CAF Champions League
    • Live
      • Live Scores
      • Live Commentaries
      • Live Streaming
    • Videos
    • Services
      • Shop
      • Merchandise
      • Significant Reasons to choose Pocket friendly classified advertising
      • SEO Copywriting Services for Brand Awareness
      • Comparison
    • ePaper
    • APP
      • Android
      • iOS
      • e-Complete Sports
    • Betting
      • Nigeria
      • South Africa
        • Betting Sites
          • Football Betting Sites
          • New Betting Sites
          • Best Lucky Numbers Betting Sites
          • Horse Racing Betting Sites
          • Casino Sites
        • Free Bets
          • Hollywoodbets Sign Up Bonus
          • Betway Sign Up Bonus
          • Playabets Sign Up Bonus
          • 10Bet Sign Up Bonus
          • Sportingbet Sign Up Bonus
          • Gbets Sign Up Bonus
        • Casino Bonuses
          • Free Spins
          • No Deposit Bonuses
        • Bookmakers
          • Hollywoodbets Register
          • Betway Register
          • Playabets Register
          • 10Bet Register
          • Sportingbet Register
          • Gbets Register
      • Malaysia
        • Online Casinos
          • Live Casinos
          • 4D Lotto Betting
          • FIshing
          • Bacarrat
          • Blackjack
          • Roulette
          • Real Money Casino Apps
          • eWallet Casinos
          • 918 Kiss
        • Best Betting Sites
          • Football Betting
        • Welcome Bonuses
          • Free Credits
          • Free Credit No Deposit Casinos
          • Free Spins
        • Reviews
          • 1xBet review
          • BK8 review
          • M88 review
          • Dafabet review
          • 96M review
          • Me88 review
          • OB9 review
          • 12Play review
          • We88 review
          • Maxim88 review
          • Uwin33 review
      • Singapore
        • Casino
          • Best Online Casino
          • Live Casino Online
          • Free Credit Casino
          • Online Slots Casinos
        • Top Online Casino
          • 1xBet
          • BK8
          • B9Casino
          • Uwin33
          • 12Play
          • Maxim88
          • Me88
          • OB9
          • 96M
        • Betting
          • Sports Betting
          • Esports Betting
          • Soccer Betting
          • Football Betting
          • Horse Racing
        • Casino Games
          • 4D Lotto/TOTO
          • Roulette
          • Blackjack
          • Baccarat
          • Mahjong
          • Sic Bo
          • Fishing Game
          • Pai Gow Poker
          • Craps
          • Video Poker
      • Philippines
        • Online Casinos
          • High Slot Volatility Casinos
          • PAGCOR Licensed Casinos
          • Live Casino Sites
          • Minimum Deposit Casino Sites
        • Online Betting
          • Betting Sites
          • Betting Apps
          • Football Betting Sites
          • Sabong Betting Sites
          • NBA Betting Sites
        • Payment Methods
          • Best Gcash Online Casinos
          • PayMaya Casino Online
          • Best Paypal Casino Sites
        • Casino Bonuses & Free Offers
          • Best Casino Bonuses
          • Slot Game Free Bonus
          • Free Bonus Casino No Deposit
          • Jili Casino Free 100 Pesos Bonus
        • Casino Site Reviews
          • BK8 Review
          • Melbet Review
          • PesoBet Review
          • 1xBet Review
      • India
        • Best Betting Sites India
        • 1xBet Promo Code
        • Parimatch Promo Code
        • Stake Promo Code
        • Dafabet Promo Code
        • 1Win Promo Code
      • Reviews
      • Casino Non AAms
      • Austria
      • Betting VPNs
    • 1xBet Promo Code
    • Complete Tips
    • Transfers
    • Features
    • Life Style
    • Sports Business
    • Sports News Extra
    • Celebrity
    • Back Pass
    • Blog
    • en English
      • ar Arabic
      • en English
      • fr French
      • it Italian
      • ko Korean
      • pa Punjabi
      • th Thai
      • vi Vietnamese
    Complete SportsComplete Sports
    Sports Business News

    FIRSTBANK Secures $150 million Afreximbank Pandemic Trade Impact Mitigation Facility (PATIMFA) To Support Businesses In Nigeria

    Solomon OjeagbaseBy Solomon OjeagbaseJune 17, 2022No Comments5 Mins Read
    FirstBank-Afreximbank

    African Export Import Bank (Afreximbank) has announced the disbursement of a US$150 million finance facility to First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider. The funding was provided under Afreximbank’s Pandemic Trade Impact Mitigation Facility (PATIMFA).

    Afreximbank’s US$150 million financial support will be accessible to FirstBank customers that are involved in the manufacturing and importation of products and equipment required to combat the COVID-19 pandemic, as well as initiatives to rehabilitate hospitals and strengthen diagnostic and testing capacity. The loan will also be used for the financing of trade debt payments falling due to avert payment defaults in trade debt obligations. In addition, proceeds of the facility will help beneficiary businesses manage the impacts of the Ukraine crisis.

    Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, commented: “This new disbursement under PATIMFA is a further proof of the relevance of the programme in helping African economies to recover from the crisis induced by the COVID-19 pandemic. Since April 2020, when PATIMFA was launched, we are more than proud to have disbursed more than US$7 billion to help Afreximbank member countries manage the adverse impact of the financial, economic and health shocks caused by the COVID-19 pandemic. Through First Bank, one of our trade finance intermediaries, this $150 million facility will help build the resilience of many businesses to the adverse impacts of the pandemic, while helping them overcome the consequences of the current Ukraine crisis.”

    Also expressing his delight in the partnership, Dr. Adesola Adeduntan, FirstBank’s CEO, said: “We commend Afreximbank for this impactful financial response. It will immensely contribute to empowering many businesses adversely impacted by the economic shocks caused by Covid-19. The selection of FirstBank as a partner in this initiative is a testament to their confidence in our capacity and proven track record over the years.

    As a Bank that has been woven into the fabric of our society for over 128 years, we remain committed to the success of businesses in our host communities and ensuring they are given the needed boost to sustain their operations and further drive economic growth in the nation.”, he concluded.

    Related: FirstBank Rewards Customers In It’s FirstMobile Cash-Out Promo

     About Afreximbank

    African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. Afreximbank deploys innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Afreximbank is working with the AU and the AfCFTA Secretariat to develop an Adjustment Facility to support countries in effectively participating in the AfCFTA. At the end of 2021, the Bank’s total assets and guarantees stood at about US$25 billion, and its shareholder funds amounted to US$4 billion. Afreximbank disbursed more than US$51 billion between 2016 and 2021. The Bank has ratings assigned by GCR (international scale) (A-), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). The Bank is headquartered in Cairo, Egypt.

    About First Bank of Nigeria Limited

    First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading financial inclusion services provider in Nigeria for over 128 years.

    With over 750 business locations and over 150,000 Banking Agents spread across 99% of the 774 Local Government Areas in Nigeria, FirstBank provides a comprehensive range of retail and corporate financial services to serve its over 30 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, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a Representative Office in Beijing.

    The Bank has been handy at promoting digital payment in the country and has issued over 10million cards, the first bank to achieve such a milestone in the country. FirstBank’s cashless transaction drive extends to having more than 10million people on its USSD Quick Banking service through the nationally renowned *894# Banking code and over 4.5 million people on FirstMobile platform.

    Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible 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.

    Media Contacts

    First Bank of Nigeria Limited

    Folake Ani-Mumuney

    Group Head, Marketing & Corporate Communications

    www.firstbanknigeria.com

     

    Afreximbank

    Amadou Labba Sall

    Manager, Media Relations

    [email protected]


    Afreximbank Covid-19 pandemic First Bank First Bank of Nigeria Limited FirstMobile
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleMata Set To Join Ighalo At Saudi Club, Al Hilal
    Next Article Super Falcons Maintain 39th Position In Latest FIFA Ranking
    Avatar photo
    Solomon Ojeagbase
    • Website

    Related Posts

    HJB MINER

    HJB MINER Launches New High-Yield Investment Opportunities, Investors Can Earn More Than $20,000 Per Day

    May 22, 2025
    Sports Fans

    From The Pitch To The Blockchain: How Sports Fans Are Scoring In New Ways

    May 21, 2025
    PAIRMiner

    PAIRMiner 2025 Review: A Safe And Efficient Platform Leading The New Era Of Cloud Mining

    May 21, 2025
    Leave A Reply Cancel Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Complete Sports e-Paper

    Latest Nigerian news in South Africa
    Latest News

    Man United Legend Aims Dig At Arsenal After Spurs’ Europa League Final Win

    May 22, 2025

    Club Brugge Interested In Nigerian Winger

    May 22, 2025

    Leverkusen Closing In On Appointment Of Ten Hag

    May 22, 2025

    NSF 2024: Flamingos Star Muinat Eager To Emulate Super Falcons Top Stars

    May 22, 2025

    NSF 2024 Tennis : Top Seeds Ekpeyong, Danjuma Dominate Day Two

    May 22, 2025
    • Home
    • Transfers
    • Lifestyle
    • Best Uk Casinos
    • Xoilac Tv
    • iSoccerng
    • Bongdalu
    • Best Casinos UK
    • Sports Business
    • Links 1
      • Mb66
      • MB66
      • Shbet
      • Nhà cái uy tín
      • MB66
      • F8BET
      • Shbet
      • Hi88
      • Jun88
      • 789bet
      • F168
      • Jun88
      • https://shbet.solar/
      • https://rr88vn.in/
      • Jun88
      • MB66
      • 789bet
      • 68 Game Bài
      • 789bet
      • Nohu
      • 789bet
      • Hi88
      • New88
      • 789Club
      • Jun88
      • 33Win
      • Hb88
      • 77Bet
      • https://f168.sarl/
      • F168
      • MB66
      • 789bet
      • Hi88
      • Trang cá cược bóng đá
      • F168
      • New88
      • New88.market
      • KUBET
      • F168
    • Links 2
      • 8XBET
      • Hi88
      • Hi88
      • Sunwin
      • F168
      • F8bet
      • SHBET
      • 789bet
      • Hi88
      • https://korporacja.eu.com/
      • New88
      • F168
      • 68 Game Bài
      • Nohu
      • Ok9
      • Jun88
      • 78win
      • F168
      • Sh bet
      • F8bet
      • 78WIN
      • F168
      • KUBET
      • F8bet
      • Sunwin
      • Sunwin
      • Kubet
    Quick links
    • About Us
    • Contact Us
    • Advertise
    • Terms of Use
    • Editorial Team
    • Disclaimer
    • Privacy Policy
    • D-U-N-S® Number: 850456343
    Latest News

    Man United Legend Aims Dig At Arsenal After Spurs’ Europa League Final Win

    May 22, 2025

    Club Brugge Interested In Nigerian Winger

    May 22, 2025

    Leverkusen Closing In On Appointment Of Ten Hag

    May 22, 2025
    About
    Complete Sports Logo

    Email Us: [email protected]
    Phone: 234-1-7403112 (Front Office)


    Get it on Google Play


    Download on the App Store

    Verified Business

    DMCA Protected & Monitored
    Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn TikTok Telegram
    Google News Google News
    Copyright © 2025 Completesports.com All rights reserved.
    The information contained in Completesports.com may not be published, broadcast, rewritten, or redistributed without the prior written authority of Completesports.com.
    Footer Ad

    Type above and press Enter to search. Press Esc to cancel.