Connect with us

General

FBNQuest Trustees rolls out drums to mark 40th anniversary

Published

FBNQuest Trustees Limited, an FBN Holdings company, is rolling out drums to celebrate its 40th anniversary as a leading provider of world-class trust and estate planning services in Nigeria.

Incorporated as Standard Trustees Nigeria Limited on August 8, 1979, the company at the time was a wholly-owned subsidiary of First Bank of Nigeria Limited, which was known as Standard Bank of Nigeria Limited.

The company got its name changed from Standard Trustees Nigeria Limited to First Trustees Nigeria Limited in March 1980, and in April 2014 it was renamed FBN Trustees Limited to align with the FBN Holdings group naming convention. In November, 2017 it was again re-named FBNQuest Trustees Limited to signal its membership of the FBNQuest family, and its commitment to partnering with its clients on their quest to define and achieve financial success.

In a statement by the company, FBNQuest Trustees will celebrate its milestone anniversary by hosting its esteemed stakeholders at an event themed “A Legacy that Preserves Legacies”, on Friday, 13 September 2019 at The Landmark Event Centre in Lagos.

According to the statement, the event will present an opportunity for FBNQuest Trustees to share key insights on the importance of Corporate Trust Management, Estate Planning, and Wealth Transfer, which are crucial elements to ensuring the preservation of legacies. Dr.Omobola Johnson, Senior Partner at TLcom Capital LLP and Former Minister for Communication Technology, will deliver the keynote address at the event.

MORE READING!  England: British government eases Covid-19 measures

FBNQuest Trustees is modelled as a representation of the forward-thinking culture of the FBN Holdings group, to improve and develop specialised capabilities within the trusteeship, asset and fund management services of the Nigerian financial system. Today, the company specialises in providing Investment Advisory Services, Corporate, Public and Private Trust Management; and as a part of FBNQuest draws on the trailblazing spirit, and a consistent focus on excellence to deliver exceptional services to clients.

Over the past 40 years, FBNQuest Trustees has not only become a leading trust company in Nigeria, but also a key pillar in the business of trusteeship. To highlight some of its key achievements over the years, the company continues to be the preferred local partner for international and multilateral entities looking to have businesses in Nigeria, and in 2013 served as the sole bond trustee on the very first bond issued by a multilateral institution in Nigeria (International Finance Corporation (IFC) $50,000,000 fixed rate senior unsecured bond).

MORE READING!  Lagos tourism: Ali Baba, other stakeholders, give roadmap post COVID-19

FBNQuest Trustees is the first trust company to publish an educative compendium on estate planning to actively engage, and educate stakeholders, on the importance of Estate Planning in Nigeria, through its Legacy Series; and is a pioneer for Islamic finance in Nigeria, which led to its co-management of the first government-issued Sukuk instrument launched by the Federal Government of Nigeria in 2017. The company also partnered and organised a stakeholder engagement on Voluntary Asset and Income Declaration Scheme (VAIDS) and its implications for estate planning.

Speaking about the milestone celebration, the Managing Director and Chief Executive Officer of FBNQuest Trustees, Adekunle Awojobi, emphasised the firm’s impact on trusteeship business in Nigeria, and by extension, the economy.

He said,

“From when we began our journey in 1979, FBNQuest Trustees has delivered impeccable solutions for the safekeeping of our clients’ assets, the transfer of generational wealth, and the preservation of their legacies. We are extremely proud to be a part of the 125 year old legacy of First Bank of Nigeria Limited, and the rich heritage of FBN Holdings as we celebrate a 40 year track record of distinction, dependability and professionalism in the trustee business.

“We want to thank everyone who has contributed to the growth of the company over the years, as we continue to provide excellent services to our clients. We also take this opportunity to recommit to excellently serving our clients across diverse sectors to ensure that their legacies are preserved.” He added.

 

MORE READING!  Zoho offers guidance on right software for non technology companies

In terms of growth and financial performance, the company has continuously delivered shareholder value in alignment with the mandate of the Group. From a share capital of about N30 million in 90s, the company has increased to a share capital of N3billion in 2019; and has grown its profit after tax (PAT) year on year consistently, with liquid trust assets under management in excess of N40 billion as at June 30 2019.

 

General

I dare any man to break my heart, Lady says as she shows off military dad, brother (photo)

Published

on

A Nigerian lady has taken to social media to dare the menfolk who derive pleasure in hurting ladies.

Beaming with confidence the lady identified as ID Mobola on twitter shared photos of her military dad and brother daring any playboy to mess with her feelings.

The photo below shows a serving corp member and her serious looking father and brother.

MORE READING!  Ganduje releases 294 inmates to mark Eid celebrations

Sharing the photos, she simply captioned it:

“If you have mind come and break my heart

READ ALSO: Pay me off if you want to end things with me Ike tells Mercy

See photos below;

 

 

Continue Reading

General

Covid-19: Oyo discharges 17, records two deaths

Published

on

COVID-19: Oyo records 28 new cases

Oyo State has recorded two more deaths from COVID-19, bringing the state’s total to six.

Head of the state COVID-19 task force, Governor Seyi Makinde disclosed this while giving an update on Wednesday morning.

The two deaths were from the six positive cases reported for Tuesday.

With the six cases, a total of 250 cases are now confirmed in the state.

MORE READING!  Ganduje releases 294 inmates to mark Eid celebrations

The breakdown of the six latest cases shows one case recorded from iSON Xperiences and one each from Ibadan South West, Ibadan South East, Surulere, Ido and Egbeda Local Government Areas.

Meanwhile, seventeen confirmed COVID-19 patients have been discharged.

 

Continue Reading

Coronavirus

U.S. passes 100,000 coronavirus death toll

Published

on

COVID-19: FG to disinfect schools nationwide

The U.S. has surpassed the grim milestone of 100,000 coronavirus deaths, the world’s highest.

It reached the mark on Tuesday night as figures rolled in from the states.

John Hopkins University estimated the death toll at 98,902 deaths as at 01:30GMT on Wednesday.

But data company Dadax which runs worldometers.info said 100,579 people have died.

MORE READING!  Stop selling arms to Taiwan, China warns US

On Tuesday alone, fresh infections were 19,049 , while fresh deaths were 774.

U.S. caseload of infections is now 1,725,275 and still counting.

President Trump has been accused of causing the carnage, by not taking action when he should have.

But on Tuesday night, Trump tweeted a defence:

“For all of the political hacks out there, if I hadn’t done my job well, & early, we would have lost 1 1/2 to 2 Million People, as opposed to the 100,000 plus that looks like will be the number.

MORE READING!  Eid-El-Fitr: CAS charges troops on combat readiness

“That’s 15 to 20 times more than we will lose. I shut down entry from China very early!

“One person lost to this invisible virus is too much, it should have been stopped at its source, China, but I acted very quickly, and made the right decisions.

“Many of the current political complainers thought, at the time, that I was moving far to fast, like Crazy Nancy!”.

MORE READING!  Zoho offers guidance on right software for non technology companies

Nancy Pelosi is the Speaker of the U.S. House of Representatives.

Continue Reading




Trending