first bank

  1. Femi Otedola Ascends to Lead Shareholder in First Bank, Acquires N18.9 Billion in Shares

    Nigeria Femi Otedola Ascends to Lead Shareholder in First Bank, Acquires N18.9 Billion in Shares

    Femi Otedola, chairman of FBN Holdings, boosts his stake in First Bank with a N18.9 billion share purchase, now owning 9.41%. His acquisitions through Calvados Global Services Limited increased his total shares to 3,380,462,950, making him the leading shareholder. Billionaire businessman Femi...
  2. First Bank Successfully Recovers N456 Billion Loan from Heritage Bank Before License Revocation

    Nigeria First Bank Successfully Recovers N456 Billion Loan from Heritage Bank Before License Revocation

    First Bank of Nigeria successfully recovered a N456 billion loan from Heritage Bank just before the Central Bank of Nigeria revoked Heritage Bank's license. This recovery averted significant financial impairment for First Bank and highlights strategic risk management within the Nigerian banking...
  3. Nationwide Shock as First Bank Employee Accused of ₦40 Billion Fraud Goes on the Run

    Nigeria Nationwide Shock as First Bank Employee Accused of ₦40 Billion Fraud Goes on the Run

    First Bank, a leading Nigerian bank, pursues legal action to recover ₦40 billion allegedly misappropriated by an employee. The employee, now on the run, diverted funds over nearly two years, prompting an internal investigation and subsequent police involvement. First Bank, one of Nigeria's...
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    Business First Bank appoints Alebiosu Acting MD after Adeduntan resignation - Daily Post

    https://dailypost.ng/2024/04/22/first-bank-appoints-alebiosu-acting-md-after-adeduntan-resignation/
  5. Nigeria News

    Metro FG charges First Bank MD, others with forgery - Punch Newspaper

    https://punchng.com/fg-charges-first-bank-md-others-with-forgery/
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    Business "Submit your application:" First Bank releases links for applications for its Management Associate Programme to employ Nigerians - Legit.ng

    https://www.legit.ng/business-economy/industry/1526209-firsts-bank-asks-applications-management-associate-programme-releases-links/
  7. Nigeria News

    Metro Coronavirus: FirstBank confirms death of staff in Kano - Premium Times

    https://www.premiumtimesng.com/coronavirus/389840-coronavirus-firstbank-confirms-death-of-staff-in-kano.html
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    Metro First Bank Regional Manager Dies of Covid-19 Infection in Kano - The New Diplomat

    https://www.newdiplomatng.com/2020/04/25/first-bank-regional-manager-dies-of-covid-19-infection-in-kano/
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    Video Nigeria News Today - Stop talking before they come for you – Shehu Sani warns Sultan of Sokoto

    MTN: Enjoy Jolly Data - (6G N1,500 | 2GB N500 | 1GB N300) Weekly - [ Buy Now ] Today's News Highlights Include: https://www.nigerianbulletin.com/threads/kano-i-would-win-in-court-but-don%E2%80%99t-want-to-return-%E2%80%93-sanusi-daily-post-nigeria.417083/...
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    Business Seplat, Zenith, Access top analysts’ large caps buy list – BusinessDay News

    In the wake of the second quarter (Q2) earnings season, equity valuations are being revised and analysts have Seplat, Zenith, Access, Dangote Sugar and First Bank holdings of Nigeria (FBNH), as their most recommended large cap stocks to buy. BusinessDay considered the recommendations of …...
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    Contempt: Court Convicts First Bank Chairman, MD over N122bn Judgment Debt – Thisdaylive

    A Federal High Court in Lagos Wednesday convicted the Chairman of First Bank of Nigeria Limited, Ibukun Awosika, and Managing Director, Dr. Adesola Adeduntan, as well as the bank for contempt. They were accused of refusing to obey the order of the court, which had ordered them to pay an Ogoni...
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    Business First Bank upgrades service to protect e-banking experience –

    Mobile banking fraud First Bank of Nigeria Ltd., has upgraded its Internet banking solution, FirstOnline with improved features to promote and safeguard electronic banking experience of its customers. The bank in a statement made available to newsmen in Lagos on Tuesday, said that the improved...
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    Business Shoprite, First Bank, GTBank headline multi billion dollars Ogun city centre project –...

    One of the leading properties developers in Nigeria, Persianas Group is planning to increase its presence and coverage in the country through its flagship shopping mall – Shoprite with the construction of a second largest Shoprite shopping mall in Abeokuta, Ogun state capital as part of …...
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    Business First Bank convenes youth mentoring session with Ibukun Awosika – The Sun News

    Nigeria’s Best Banking Brand, First Bank of Nigeria Limited has announced it is convening a Youth Mentoring Session, themed “Building a Financially Literate Tribe”. The event which will be hosted by Ibukun Awosika, Chairman, First Bank of Nigeria Limited is being organised to drive a culture of...
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    Business CBN Sanctions GTB, 14 Other Banks For Forex Infractions [LIST]

    The Central Bank of Nigeria, CBN has barred 15 commercial banks from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale forex window. PREMIUM TIMES reports that barred due to persistent complaints that they were deliberately frustrating...
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    Politics What I Said About Diezani During EFCC Interrogation- First Bank Director

    Mallam Dauda Lawal, an Executive Director of First Bank who was called in to the EFCC for questioning weeks ago said he was questioned by the agency about his relationship with ex Petroleum Minister Diezani Alison Madueke. Specifically, he said was “questioned by the EFCC over his alleged role...
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    Business Fitch Downgrades Credit Ratings of First Bank, UBA

    Fitch Ratings has downgraded First Bank of Nigeria Ltd's (FBN) and United Bank for Africa's (UBA) the Long-Term Foreign Currency Issuer Default Ratings (IDRs) to 'B' from 'B+'. The Outlooks are Stable. The agency has also downgraded the National Long-Term Rating of FBN Holdings Plc (FBNH), the...
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    Metro Nigerian Labour Congress Threatens To Shut Down 6 Banks

    The Nigeria Labour Congress (NLC) said it will begin a nationwide shutdown of banks who have arbitrarily sacked a large number of workers contrary to laid down procedures and the country’s extant labour laws beginning from July 1, 2016. In a letter of intent to the six affected banks which...
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    Metro First Bank to Sack 1,000 Workers

    Not less than 1,000 workers on the bill of First Bank of Nigeria will lose their jobs, FBN Holdings Plc, the mother body for Nigeria’s oldest and biggest bank, has said. The development is due to “very bad” 2015 earnings, which saw the bank’s profit slump by 82 percent to N15 billion...
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    Business LIST of Nigerian Banks Among 500 Best Banks in the World

    Four Nigerian banks have been listed among the top 500 banks in the world. This is according to United Kingdom-based magazine owned by the Financial Times, The Banker, and Brand Finance in London. First Bank moved up the scale in 16 places from 336th position in 2015 to 320th this year...
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