Browsing Tag

First Bank

The Curious Case of First Bank

Olaseinde Tobore May 2, 2021 0

First Bank has for the longest time been the most trusted and recognizable name in the Nigerian banking landscape. This was borne out of the fact that it was the first bank to be established in Nigeria initially called British Bank of West…

News

(Full Text): CBN Governor Emefiele’s Statement Announcing Sacking Of First Bank Board

John Ogunsemore Apr 30, 2021 0

The Central Bank of Nigeria (CBN) on Thursday ordered the reinstatement of Dr. Adesola Adeduntan as MD/CEO of First Bank Nigeria Limited.The financial regulator also ordered the immediate sacking of the Board of the FBN Limited and FBN…

Economy

Nigeria many decades too late to disintegrate – Awosika

Rotimi Ijikanmi Apr 8, 2021 0

The Chairman, Board of Directors of First Bank, Ibukun Awosika, says the ongoing conversation around the dissolution of Nigeria is not an option because the country “is many decades too late to disintegrate”.The businesswoman,…

Business

EndSARS: Premium Dragging Trails First Bank On Twitter Over Wrong Hashtag

John Ogunsemore Oct 11, 2020 0

Nigeria's oldest commercial bank, First Bank has been dragged on Twitter for allegedly "sugarcoating" its support for the ongoing #EndSARS protests.In apparent support for the protests on Saturday afternoon, the bank tweeted a message:…

Metro

Diezani: EFCC withdraws Charges against former ED, First Bank

Adefemola Akintade Oct 8, 2020 0

Economic and Financial Crimes Commission (EFCC) has withdrawn allegations of money laundering levelled against Dauda Lawal, former Executive Director, First Bank.Lawal was accused of helping Diezani Allison Madueke, former Minister of…

Features

Community loots N60m stolen by robbers from Oyo bank

John Ogunsemore Aug 9, 2020 0

Oba Rafiu Mustapha, the Onjo of Okeho, a town in Kajola Local Government Area of Oyo State has blamed "bad boys" for the looting of a vehicle containing sacks of money stolen by armed robbers from a bank in the town.The traditional…

Business

FBN Holdings increase by 56.65% within 6 months

Chinyere Joel-Nwokeoma Jul 30, 2020 0

FBN Holdings Plc on Wednesday announced Profit After Tax (PAT) of N49.5 billion for the six months that ended June 30.The PAT represented an increase 56.65 per cent when compared with N31.6 billion achieved in the corresponding period…

Education

Lagos Govt, First Bank Partners To Boost e-Learning in Schools

Florence Onuegbu Jun 11, 2020 0

The Lagos State Government says it is collaborating with First Bank Plc, to boost e-learning among students in the state’s schools.Gov. Babajide Sanwo-Olu of Lagos State said this on Thursday, noting that technology/e-learning was a way…

Education

1m students targeted in First Bank’s free e-learning platform

Chinyere Nwokeoma May 21, 2020 0

First Bank of Nigeria Limited says it is targeting one million students in free e-learning solutions platform in partnership with Roducate and Lagos State Government.Dr Adesola Adeduntan, the bank’s Chief Executive Officer, stated…

News

Lockdown: First Bank Takes Transactions To The Palms Of Nigerians

Chinyere Joel-Nwokeoma May 12, 2020 0

Global disruptions caused by the Novel Coronavirus (COVID-19) pandemic have made individuals, organisations and countries to think out of the box to be able to survive in the various aspects of life. It has made them to make necessary…

Government

COVID-19: First Bank Supports Cross River Govt. with N30m

Christian Njoku Apr 30, 2020 0

In a bid to curb the spread of COVID-19 in Cross River, First Bank Nigeria, on Thursday donated the sum of N30 million to the state government.The cheque was presented by the South-South Business Manager of the bank, Mr Anieti Nseyen on…

Business

FirstBank Mourns Staff Killed By COVID-19 In Kano

John Ogunsemore Apr 25, 2020 0

Leading financial institution, First Bank Nigeria has commiserated with the family of Abdullahi Lawal, a member of staff that died from COVID-19-related complications in Kano.The bank confirmed Lawal's passing in a Saturday statement…

Business

“This is daylight robbery” – Customer cries out as banks introduce N50 Stamp Duty…

John Ogunsemore Mar 31, 2020 0

Many Nigerians have criticised the introduction of N50 stamp duty on Savings accounts by commercial banks in the country, saying it would discourage savings, increase suffering of the masses and derail the nation's bid to go cashless.…

Economy

COVID-19: FirstBank donates N1bn, reiterates commitment to safety of Nigerians

Chinyere Joel-Nwokeoma Mar 30, 2020 0

First Bank of Nigeria Limited has announced the donation of N1 billion toward the joint effort by the Nigerian Private Sector Coalition Against COVID-19 (CACOVID). SEE ALSO: FirstMonie network processes over 500,000 customer transactions…

Health

Coronavirus: Firstbank Deploys Measures to Protect Employees, Customers

Folake Ani-Mumuney Mar 20, 2020 0

Nigeria's leading financial inclusion services provider, First Bank of Nigeria Limited, has announced proactive measures it has taken to control the spread of the COVID – 19 (Coronavirus) pandemic. The Bank's Group Head, Marketing &…

Business

FIRST BANK: Empowering Women Through Financial Inclusion

Oritsetsemaye Akapa Esq Mar 15, 2020 0

First Bank of Nigeria Limited is taking steps to ensure that women and women-led businesses are empowered. The bank has, through its FirstGem; FirstMonie and First Women Network empowered and brought several unbanked women into…

News

Funding Key to Achieving Local Content — Firstbank

Edith Ike-Eboh Feb 12, 2020 0

Ms Bashirat Odunewu, Group Executive, Energy Infrastructure, CBG, First Bank Ltd. said that funding was key to achieving local content in the county. SEE ALSO: MedicAid Cancer Foundation Donates N9m for Treatment of 30 Cancer Patients…

Metro

Four Persons Murdered in Polaris Bank Robbery (GRAPHIC PHOTOS)

Adefemola Akintade Feb 6, 2020 0

No fewer than four persons have been murdered in a robbery attack at Polaris and First banks in Ondo state.The robbery which took place in Ile-Oluji local government area of the state left two security guards and two customers killed.…

Business

Firstbank Wins Best Mobile Banking App and Fastest Growing Retail Bank Awards

Oritsetsemaye Akapa Esq Jan 24, 2020 0

Firstbank of Nigeria Limited has been named 2019 “Best Mobile Banking App” and “Fastest Growing Retail Bank” winner by Global Business Outlook. The Global Business Outlook Award recognises and rewards excellence in business in companies…

Crime

Breaking: Police arrest ‘mastermind’ of Abuja foiled bank robbery

David Jan 2, 2020 0

The mastermind of the foiled robbery of a first-generation bank in the Mpape area of Abuja has been arrested by the Federal Capital Territory Police Command.The Herald gathered that the command arrested the suspect identified as Ernest…

Business

First Bank: Appoints Alhaji Ado Yakubu Wanka as Non-Executive Director

Eunice Oche Dec 13, 2019 0

First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, today announced the appointment of Alhaji Ado Yakubu Wanka as Non-Executive Director. Speaking on his appointment, Dr Adesola Adeduntan,…

Business

First Bank Partners Linda Ikeji Tv, Unveils First Class Material

Eunice Nov 26, 2019 0

First Bank of Nigeria Limited has announced its partnership with Linda Ikeji TV for the broadcast of the TV show, First-Class Material. The show is billed to premiere on all FirstBank and Linda Ikeji TV platforms across the web and social…

News

FIRS, First Bank Opted out of court settlement Over N25bn Damaged suit

Aderogba George Oct 30, 2019 0

Federal Inland Revenue Service (FIRS) and First Bank Plc have opted for out of court settlement in a N25 billion damages suit filed against them by an indigenous company, Biatemp Ventures Ltd over alleged account manipulation. …

Business

Firstbank celebrates 2019 customer service week, underscores the impact of customer service through…

Alexander Ore Oct 11, 2019 0

Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited has joined the rest of the world to celebrate the 2019 Customer Service Week themed "The Magic of Service'. The weeklong event is to be celebrated from…

Business

FirstBank to empower 500 widows through its SPARK initiative

Chinyere Joel-Nwokeoma Jul 4, 2019 0

First Bank of Nigeria Limited says it will scale up its empowerment of widows to 500 before the end of the year.The bank, which provided funding to the widows to grow their micro-medium scale businesses, has empowered 125 widows as…

Crime

Lagos manager lands in trouble for stealing N52 million from First Bank

Samuel Oduoye Jun 12, 2019 0

Nemesis caught up with a customer relationship manager with First Bank of Nigeria Limited, Kehinde Adewuyi, when auditors realised he has siphoned the sum of N52,628,000 from his employer’s account to his personal use.The 36-year-old…

Business

FirstBank splashes N2.7m scholarships on customers to boost savings culture

Chinyere Joel-Nwokeoma May 11, 2019 0

First Bank of Nigeria Limited has splashed scholarships worth N2.7 million on 18 customers under its XploreFirst promo initiative to boost savings culture and promote financial inclusion among students.The News Agency of Nigeria (NAN)…

Business

Alleged Account Manipulation: Company Slams N25bn Suit Against First Bank, FIRS

Rotimi Ijikanmi Apr 30, 2019 0

An indigenous company, Biatemp Ventures Ltd. has sued First Bank of Nigeria and the Federal Inland Revenue Services (FIRS), demanding N25 billion special and general damages over alleged manipulation of its domiciliary account and illegal…

Metro

Robbers attack First Bank in Ondo, kill 6

Ademola Ademiluyi Apr 9, 2019 0

A total of six individuals were shot dead when some armed robbers stormed a First Bank branch at Ido Ani area of the Ose Local Government in Ondo state, yesterday.According to reports, the victims were the vice principal of the…

Business

First Bank: Still Standing Gidigba 125 Years After

Editor Mar 26, 2019 0

This week marks the celebration of the 125th anniversary of the existence of the First Bank franchise in Nigeria. This stands the bank out as one of the earliest institutions established in West Africa, and obviously, one of the handful…

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