FCMB Donates 18- seater Coaster Bus to ATBU

First City Monument Bank (FCMB) has donated an 18-seater bus to the Abubakar Tafawa Balewa University (ATBU), Bauchi as part of its corporate social responsibility (CSR) to aid staff and students movement to and from the university.

Zonal Head, Bauchi, FCMB, Alhaji Tata Umar, who on behalf of the bank made the presentation, noted that the bank had for long been dealing with the university hence the need to support the institution.

The event took place at the University Senate Chambers,

where Umar who led the FCMB Bank team, described the donation as a show of commitment and symbiotic relationship with a foremost university such as ATBU.

According to Umar, ATBU is the bank’s long term partner of over 27 years and it is only now that FCMB is waking up to its responsibility.

He explained that this will be the beginning of a long-term relationship with the university as they have a lot of packages in stock for the school.

“The relationship FCMB has with ATBU dates back to 1988 and as a way of reciprocating the longtime patronage by the academic institution to the bank, the management of the bank decided to provide a small token to aid the mobility of the staff and students. Our philosophy is to add value to institutions where we operate. This is one of the event, there will be many others we shall celebrate together,” he said.

ATBU Vice Chancellor, Prof Saminu abdulrahman Ibrahim, while receiving keys for the bus, commended the bold initiative of FCMB and called on other partners of the university to do same.

Professor Saminu therefore, counseled the bank and other stakeholders to come to their aid as, saying the university cannot do it alone.

The bank is a member of FCMB Group Plc, which is one of the leading financial services institutions in Nigeria with subsidiaries that are market leaders in their respective segments.

FCMB has continued to distinguish itself by delivering exceptional services, as it enhances the growth and achievement of personal and business aspirations of its customers.

The Chief Executive Officer of Stanbic IBTC Stockbrokers Limited, Mr. Oladele Sotubo, has called for collaborationamong stakeholders in the nation’s capital market so as to transform the bond sector of the market and makes it more vibrant.

Sotubo made this call during a workshop organised by Stanbic IBTC Stockbrokers Limited in collaboration with the Nigerian Stock Exchange (NSE) on how to harness the huge benefits from retail bonds in the market.

The workshop attracted key players in the capital market, including stockbrokers, dealers, investors, economic analysts and the Central Securities Clearing System Plc (CSCS)

According to Sotubo, the positioning and transformation of Nigeria’s bond market into a vibrant investment window requires the collaboration of all stakeholders.

He reiterated the organization’s commitment to facilitating stability and growth of the Nigerian capital market, via confidence-building initiatives and leveraging investment opportunities in the market.

“A major objective in organizing this workshop is to enlighten investors and stakeholders on the workings of the bond market and the numerous benefits in investing in retail bonds in particular. We believe the forum will help in boosting retail inves-