first bank
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Nigeria Femi Otedola Defends FirstBank's Strategic N748bn Bad Loan Write-Off for Long-Term Health
The Digest: First Bank Holdings Group Chairman, Femi Otedola, has publicly explained the rationale behind the bank's decision to write off N748 billion in legacy non-performing loans. Describing it as a strategic move to secure the institution's long-term financial health, Otedola stated the...- Nigeria News
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- 1 min read
- femi otedola first bank non-performing loans
- Category: Business
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Nigeria Edo Man Convicted for Keeping N1.5bn Mistakenly Paid into His Bank Account
The Digest: An Edo State High Court has convicted and sentenced a customer, Ojo Eghosa Kingsley, to one year imprisonment for refusing to refund N1.5 billion erroneously transferred to his account by First Bank. Kingsley, who pleaded guilty to a one-count charge of stealing and fraudulent...- Nigeria News
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- 1 min read
- efcc first bank ojo eghosa kingsley
- Category: Metro
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Nigeria Otedola Hails Tinubu’s Economic Leadership as First Bank Meets N500bn Capital Requirement
The Digest: Billionaire investor and First Bank Chairman Femi Otedola has commended President Bola Tinubu’s “deep economic understanding” while announcing that the bank has met the Central Bank’s N500 billion minimum capital requirement ahead of the March 2026 deadline. Otedola also called for...- Nigeria News
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- 1 min read
- bola tinubu cbn recapitalization femi otedola first bank olayemi cardoso
- Category: Business