<p>First Bank of Nigeria Limited was recently presented with the Oil and Gas Banker of Year 2019 award at the Patrons&#8217; Dinner and Industry Awards of the Nigeria International Petroleum Summit held on Monday 10, February 2020 at Transcorp Hilton Abuja.</p>



<p>The four-day
event, comprising conference and award dinner, is acclaimed to be Nigeria’s Government
official platform for the petroleum industry gathering which has evolved to
become Africa’s premier business and technology conference for not just oil and
gas but for other industries in the economy, notably; maritime, automobile,
banking and finance, power (electricity), pipelines, LNG, infrastructure, engineering
and construction amongst others.</p>



<p>Speaking on
the award, the Bank’s Chief Executive Officer, Dr. Adesola Adeduntan said, “we
take pride in this recognition, as it represents the nation’s identification
with our leading role in promoting the growth of the oil and gas industry. We
remain steadfast on being the financial partner of first choice to Nigerians
and, indeed across Africa as we collectively strive towards the continued
growth of the economy at large”</p>



<p>A statement signed by Folake Ani-Mumuney, Group Head, Marketing &; Corporate Communications and made available to OpenLife stated that the event had in attendance; Dr. Adesola Adeduntan, CEO, First Bank of Nigeria Limited, represented by Mrs. Bashirat Odunewu, the Bank’s Group Executive, Energy &; Infrastructure as a panelist to deliberate the topic “What are the key challenges when it comes to managing risk and generate sustainable long-term in-country value development environment”. Other speakers in the panel were Mrs. Olayemi Anyanechi, Managing Director, Partners Sefton Fross; Bank Anthony Okoroafor, Chairman, Petroleum Technology Association of Nigeria (PETAN); Mr. Bitrus Bako Nabasu, Permanent Secretary, Ministry of Petroleum Resources; and Patrick Olinma, Executive Director, Oil &; Gas Commercial, Total E&;P Nigeria Ltd.</p>



<p>Over 5000
individuals and Corporate bodies from across 43 countries including; Dr. Sun
Xiansheng, Secretary, General, International Energy Forum (IEF); Jean-Marc
ThystèreTchicaya, Minister of Hydrocarbons, Republic of the Congo; Dr. Omar
Farouk Ibrahim, OPEC Governor for Nigeria; Jens FrolichHolte, State Secretary,
(International Development) Ministry of Foreign Affairs, Norway; Carri
Lockhart, SVP Portfolio and Partner Operated Development and Production
International Equinor; Gabriel MbagaObiong Lima, Minister of Mines and
Hydrocarbons Republic of Equatorial Guinea and Magda Chambriand, Former CEO, National
Agency of Petroleum Natural Gas and Biofuels Government of Brazil amongst
others, participated in the event.</p>



<figure class="wp-block-image size-large"><img src="https://openlife.ng/wp-content/uploads/2020/02/Pix-2-1024x867.jpg" alt="" class="wp-image-2468"/><figcaption><br> <strong>Marno de Jong, Vice President, Shell Nigeria (middle) presenting the Oil and Gas Banker of the Year 2019 award won by First Bank of Nigeria Limited to the Bank’s Group Executive, Energy &; Infrastructure, CBG, Bashirat Odunewu (right) accompanied by Group Head, Corporate Banking Group (Energy), FirstBank, Oluwatoyin Aina (left), at the Patrons’ Dinner and Industry Awards of the Nigeria International Petroleum Summit held in Abuja. </strong></figcaption></figure>



<p>FirstBank has
over the years supported public and private players in the oil and gas industry
which has been the mainstay of the Nigerian economy, post-independence. With
its “Oil and Gas Contract Finance products”, the Bank finances the Oil &;
Gas value-chain by providing ;Advisory/Agency services, Acquisition
Finance/Reserve based lending to indigenous oil producing companies, trade
Finance for crude oil export and refined product import and contract finance
for oil service companies ranging from simple hospitality to complex turnkey Engineering,
Procurement and Construction, amongst other tailor-made treasury and cash
management solutions. ;</p>



<p>First Bank of Nigeria Limited (FirstBank) is the
premier Bank in West Africa and the leading banking services solutions provider
in Nigeria for over 125 years. </p>

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