Additional KYC Requirements for Designated Non-Financial Businesses & Professions
The Central Bank of Nigeria (CBN) has mandated all customers in the following businesses and professions to UPDATE their KYC with their banks by presenting evidence of registration with the Special Control Unit Against Money Laundering (SCUML)
- Dealers in Jewelries, Cars and Luxury Goods
- Chartered Accountants
- Audit Firms
- Estate Agents
- Dealers in precious metals & stones
- Estate Agents
- Pool Betting & Lottery
- Legal Practitioner
- Religious Organisations
The deadline for updating your KYC information with us is 30th April 2013
Kindly contact SCUML office or Federal Ministry of Trade & Investment nearest to you
Registration Forms can be downloaded at www.scuml.org or picked up at any of our branches nationwide.
Please click here to view and download the registration form
The SCUML Public Notice can be viewed here
African Faith Leaders Stand Up Against Climate Change
African Faith Leaders have committed to taking proactive roles by helping educate members on the critical task and responsibilities all must play to safeguard the environment.
The Faith Leaders made this commitment at the end of a two-day inter faith forum in Abuja, Nigeria on climate change for sub-Saharan Africa organized by the British Council and First City Monument Bank Plc (FCMB) to advance the awareness on climate change issues.
A declaration on Climate Change at the end of the forum said "As leaders of faith communities in Africa, we commit to highlighting the very real threat to the world's people and to our fragile creation, from the threat of catastrophic climate change. In all our religious teachings and Holy Scriptures, it is clearly stated that protecting and taking care of nature and human life is one of the main instructions of our Creator, and human beings are guardians of this earth.
Climate Change threatens to greatly increase poverty, disease and conflict in Africa. Africa has already been impacted by climate change through more floods, droughts and extreme weather conditions – but it is least equipped technically and financially to deal with climate-related risks. Subsistence farming, the main source of Africa’s food, is being threatened by climate change because it mainly relies on rainfall that is becoming increasingly erratic. Climate change may increase competition for diminishing water resources that will force people to become 'climate change refugees', posing challenges to peace and security in the region".
Noting that faith leaders have a crucial role to play in pressing for changes in behaviour at every level of society; and that all have a responsibility to learn and teach how to live and develop sustainably in a world of finite resources, they stressed the following as action points going forward:
- Capacity building for faith leaders. Where possible, we will endeavour to undertake training in climate change issues.
- We commit to raising awareness of environmental ethics in our religious activities and dedicate at least one sermon at least once a month for issues related to climate change and environmental degradation.
- We commit to emphasising relevant verses in their Holy Books related to the environment. It is the responsibility of every believer to keep the earth clean and healthy for human life.
- We commit to sharing best practices and strengthen existing structures and practices to implement agreed positive actions for adapting to climate change and preventing environmental degradation. They commit to advising their communities how to behave in their daily activities.
- We commit to working together with leaders of different faiths and engage with government, private sector, educational institutions, youth and civil society organisations in Africa and the region. We should also involve and work with policy-makers and, where possible, hold them accountable.
- We commit to ensuring that they are a part of regional and national talks and (legal) agreements
- We commit to working together to hold developed countries to account for a reduction in emissions of greenhouse gases so that global warming does not exceed 2 C Degree and advocate for an Adaptation or Global Climate Fund.
To help to achieve these ends, the Faith Leaders agreed to use the Abuja meeting as the first step in an ongoing process of collaboration. "We believe our communities can be key agents of change and urge the Government and the international community, wherever possible, to support our efforts to build capacity, raise awareness and promote sustainable practice", they declared.
The Abuja forum was the first of its kind in Africa coming few months after the Archbishop of Canterbury hosted a meeting of faith leaders and faith-based and community organizations at Lambeth Palace, UK to discuss the response of faith communities to environmental crisis and; the Copenhagen Climate Change Summit.
The Climate and Faith Seminar brought together over 100 participants from Nigeria, the UK and several other Sub-Saharan African countries including South Africa and . Sixty of these participants were faith leaders from each of the participating countries.
CSR - FCMB Commences Second Phase of Evergreen Project in Katsina
Lagos, Monday, September 7, 2012 - First City Monument Bank Plc (FCMB) in collaboration with Students in Free Enterprise (SIFE) and the Service to Humanity Foundation (STHF) has commenced the second phase of its Evergreen Project in 10 communities in Katsina State which aims to tackle desertification in the state.
Evergreen Project is an FCMB Corporate Social Responsibility initiative which integrates economic empowerment with genuine environmental sustainability drive, engineering a behavioural change through sensitisation, advocacy and training on sustainable alternative. It reduces the demand for firewood as well as reduces carbon emissions with the introduction of the Save80 Stove and the Briquettes made from combustible waste.
This year’s exercise will involve the training of 200 beneficiaries from Mai’Adua and Kaita local government areas in the making of briquettes and the use of save80 stoves, distribution of 250 Save80 Stoves to further ensure the adoption of environmentally friendly lifestyle changes and emission reduction, and supporting the governor’s skills acquisition drive by empowering 10 selected youths from the Craft Village to be awarded seed capital.
In 2011, FCMB worked with SIFE and the STHF to implement the first phase of the project. The briquette making machines were designed and produced by SIFE while the Save80 stoves were supplied by BIA (a Nigerian social enterprise) which has an understanding with Atosfair (A German Climate Protection Oganisation which is specialized in carbon offsetting under the United Nation’s Clean Development Mechanisms (CDM)).
FCMB’s Group Head, Corporate Communications, Mr. Ikechukwu Kalu said “over the years, FCMB has actively invested in the communities with which it has established business relationships not only for the purpose of sustaining mutual interest over a long term but also because it sees the need to give back as a moral obligation”.
FCMB’s Corporate Social Responsibility (CSR) is focused on the three areas of Poverty Alleviation, Economic Empowerment and Environmental Sustainability. Since the inception of our CSR unit, the bank has ensured the activation of projects which positively impact communities all across the nation. The bank has also ensured the activation of its Commitment-to-Green (C2G) in all branches across the country.
COPA Lagos Beach Soccer Tournament : Ladi Balogun Restates FCMB's Commitment to Youth Development
Lagos, Monday, December 16, 2013 – After three days of exciting beach soccer matches and other activities, the 2013 edition of the COPA Lagos Beach Soccer tournament, sponsored by First City Monument Bank (FCMB) Limited, came to an impressive end on Sunday, December 15, 2013. At the end of the soccer fiesta, the Super Sand Eagles of Nigeria won the trophy for the third consecutive time after defeating Senegal 4-2 in the keenly contested final match.
The other countries that participated in the tournament held at the Eko Atlantic City, Victoria Island in Lagos, were Germany and Lebanon. This year’s COPA Lagos, organised by Kinetic Sports Limited, marked the third consecutive year that FCMB sponsored the tournament.
Explaining the rationale for aligning with COPA Lagos Beach Soccer, the Group Managing Director/Chief Executive of FCMB, Mr. Ladi Balogun, said, ‘’we see our involvement in this tournament mainly as our contribution to developing sports in Nigeria and our way of adding more value to the lives of all soccer loving fans, our customers and other stakeholders. If you look critically, COPA Beach Soccer is relatively new in this environment though very prominent in several other countries. We believe our sponsorship will help raise the profile of the game in Nigeria in the nearest future’’.
While commending the organisers, the players and spectators for ensuring the success of the tournament, he stated that, ‘’we hope to continue as long as the organizers are very committed to the ideals and objectives. We are gradually building a brand called COPA Lagos, which we hope will generate substantial equity for Nigeria and sport lovers in future’’.
Apart from the soccer matches, FCMB also carried out a number of impactful activities at this year’s COPA Lagos tournament. On Friday, December 13, 2013, staff of the Bank turned out at the Lagos bar beach for a beach cleaning exercise, an initiative of the Beach Soccer World Foundation. The FCMB staff, in collaboration with the Lagos State Waste Management Authority (LAWMA), the players from the participating countries and their officials engaged in the exercise aimed at drawing public attention and sensitisation on the care of beaches worldwide.
The Bank also organised a kids Clinic programme, where children from Charity Homes were taken through the basics of beach soccer to promote their interest in the game. The beach cleaning and kids clinic aligns with the Corporate Social Responsibility (CSR) of the financial institution.
FCMB also treated guests and customers that attended the 3-day soccer fiesta to a VIP treatment at the Bank’s hospitality marquee. Among the dignitaries that registered their presence at the marquee was Africa’s richest man, Alhaji Aliko Dangote. Sports personalities like former FIFA Executive Committee member, Dr. Amos Adamu; ex-Super Eagles Coach and striker, Samson Siasia; Victor Ikpeba, Mutiu Adepoju; ace broadcasters, Dayo Adeneye and Deji Tinubu, were also present.
Other highlights of this year’s tournament were celebrity match that featured entertainers, such as Dapo Adebanjo (alias D’Banj), ex-footballers and other top personalities in the society, including the Group Head, Marketing and Communications of FCMB, Mr. Ikechukwu Kalu. There was also a concert featuring artistes like Olamide, Jaywon, Skales, Ketchup, DJ Kess, Saeon, DJ Mewsic, among others.
Commenting on the 2013 COPA Lagos tournament, Samson Siasia, said, ‘’it was well organised’’. He commended FCMB for its roles at promoting sports development. According to him, ‘’the action of the Bank demonstrates that it means well for the youths and sport, because beach soccer is an exciting game that has the capacity to awaken interest and thereby effectively engage our youths to realise and fulfill their potentials’’.
Meanwhile, Nigeria’s Abu Azeez was adjudged the Most Valuable Player of the tournament.
FCMB 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. Having successfully transformed to a retail and commercial banking-led group, FCMB expects to continue to distinguish itself by delivering exceptional services, while enhancing the growth and achievement of personal and business aspirations through the offering of innovative, easy to use and helpful products and services.
CSR: FCMB Donates to Orphans on Children's Day
As part of its corporate citizenship and in celebration of this year’s International Children’s Day, First City Monument Bank Plc (FCMB) has made valuable donations of food items, provisions, and non perishable items to orphans and vulnerable children in Lagos and Rivers States.
Staff of the bank visited and made the donations at Freedom Foundations’ Bethesda Child Support Agency, in Lagos, and Compassionate Children’s Home, Nkpogu in Rivers State.
Bethesda Child Support Agency, a affiliate of Freedom Foundation, is an implementing partner of FCMB under the bank’s community investment initiative. Since 2007, FCMB has been sponsoring the education of secondary school pupils through the Bethesda Child Support programme. Bethesda presently has 352 orphaned and vulnerable children in its child support programme covering diverse areas like Mushin, Surulere, Isale Gangan and Ajegunle. Ten of the children are already enjoying FCMB secondary school scholarship.
In Port Harcourt, apart from the visitation and gift to Compassionate Children’s Home, staff of the bank also presented gifts to children at a party hosted for children in the state by the State Governor, Chibuike Rotimi Amechi.
Handing over the gift items in Lagos, Yemisi Edun, FCMB’s Chief Finance Officer expressed the bank’s commitment towards the education of the orphans and vulnerable children.
“We, at FCMB embrace education. It is a commitment we are giving to the nation that from the money we are making we will support the communities where we operate.” She enjoined the children to avail themselves of the support rendered by FCMB to become responsible citizens of Nigeria irrespective of their backgrounds.
Kemi Sokenu Moris, FCMB’s Head of Corporate Social Responsibility (CSR) said the visitations and donations to these children were aimed at celebrating the special place children hold in the lives of Nigerian families and inspire them to become great men and women in their life time.
She explained that volunteers from the bank worked with the CSR team in donating and organizing a food drive for the orphans and vulnerable children in selected branches of the bank in Lagos and Port Harcourt. These items were collated and shared to the orphanages.
“FCMB has been doing its part to break the cycle of poverty through the provision of qualitative child education that will help these orphans and vulnerable children grow, thrive and develop to their full potentials. In addition, we recognize the importance of our staff support and this further underscores the need to continue to involve them as our number-one stakeholders in taking steps to translate our aspiration into reality. With this in mind, we joined efforts from selected FCMB branches in Port Harcourt and Lagos State,” she explained.
Freedom Foundation’s Executive Director, Mylah M Osifo said, “Today is an exciting day for the children at Bethesda. The children may not have other opportunities for a happy children’s day celebration, but FCMB has made this day a special day for them.” She called on other corporate organizations to emulate the FCMB gesture by supporting these orphans and vulnerable children.