First Bank Archives — City Business News

March 5, 2024 No Responses

Ghana Suspends GTB, First Bank’s Forex Licences

Citing various breaches of foreign exchange market regulations,the Bank of Ghana has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited and FBNBank Ghana Limited.The suspension takes effect from March 18, 2024, for one...

February 1, 2024 No Responses

FBN Holdings Appoints Otedola As Chairman

First Bank of Nigeria Holdings Plc has appointed the 20th richest man in Africa, Femi Otedola, as its new Chairman. FBN Holdings, in a notice to the Nigerian Exchange Limited and the investing public, said the decision was made at...

March 7, 2023 No Responses

FirstBank Appoints Seyi Oyefeso as Executive Director

FirstBank of Nigeria Ltd., has appointed Mr Oluseyi Oyefeso as Executive Director, Retail Banking in charged of the South. In a statement on Monday in Lagos, the bank said his appointment, which took effect on March 2, 2023, was subject...

November 5, 2022 No Responses

First Bank Reiterates Commitment To Funding Mining Sector

First Bank of Nigeria has reiterated its support to mining sector development and growth as part of efforts to diversify the nation’s economy. First Bank’s Group Head, Corporate Banking, Energy (Upstream and midstream), Temitayo Osundosumu, said this durin...

October 12, 2022 No Responses

FirstBank Partners Group On National Competition

First Bank of Nigeria Ltd., on Tuesday partnered Junior Achievement Nigeria (JAN) to implement the 22nd National Company of the Year (NCOY) competition. A statement issued by Mrs Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications...

September 23, 2022 No Responses

FirstBank Partners Verve International, Rewards Customers In New Promo

First Bank of Nigeria in partnership with Verve International, has inaugurated the third National Consumer promo designed to reward users of FirstBank verve cards with gifts and cash prizes. Mr Chuma Ezirim, Group Executive, e-Business and Retail Products, F...

September 16, 2022 No Responses

Selloffs Persist As Equity Market Drops N19b

Profit-taking continued on Thursday as the market capitalisation of the Nigerian Exchange Ltd. (NGX) lost N19 billion to close at N26.721 trillion as against N26.740 trillion the previous day. The All Share Index (ASI) also decreased by 35.45 points or.....

August 26, 2022 No Responses

First Bank Sponsors Surgery Of 50 VVF Patients, Empowers 100

First Bank of Nigeria has sponsored the surgery of 50 Vesico Virginal Fistula (VVF) patients and supported 100 patients with empowerment packages in Kano State. The Executive Director, Public Sector, FBN, Mr Abdullahi Ibrahim, said on Thursday in Kano th...

August 12, 2022 No Responses

FirstBank Reiterates Commitment To Youth Development

First Bank of Nigeria has reiterated its commitment to youth empowerment and entrepreneurship through the celebration of the 2022 youth week. The bank reiterated this in a statement on Thursday in Lagos to commemorate the International Youth Day, celebra...

August 9, 2022 No Responses

First Bank Reopens Abuja Headquarters Office

First Bank of Nigeria has reopened its headquarters (Coomassie House) located at the Central Business District, Abuja. The News Agency of Nigeria (NAN) recalls that the office was on Aug. 4, sealed by the FCT High Court Enforcement Unit over...

August 6, 2022 No Responses

FirstBank Rewards Customer With Car In Verve Card Campaign

The First Bank of Nigeria has rewarded the grand prize winner of its Verve Card campaign, Mr Olakunle Animasaun, the Chairman of Kanwl International Ltd., with a brand-new car. The 14-week promo in partnership with Verve was designed to reward...

August 6, 2022 No Responses

FirstBank Branch, Head Office, Not Sealed

The management of FirstBank of Nigeria has debunked a report stating that its head office or branch has been sealed. A statement issued on Friday by Kehinde Taiwo of the bank’s Marketing & Corporate Communications department, stated: “Our attention ...

July 28, 2022 No Responses

Firstmonie Agents Hit One Billion Transaction Volume

Firstmonie has collectively processed transaction volume in excess of one billion, amounting to over N22 trillion, First Bank of Nigeria Ltd, has disclosed Group Head, Marketing and Corporate Communications, Mrs Folake Ani-Mumuney in a statement ex...

June 27, 2022 No Responses

FirstBank Unveils Single-Digit Loan For Female Entrepreneurs

By Moses Ebosele, ebosele@hotmail.com — The management of First Bank of Nigeria ltd has unveiled the FirstGem fund (FirstGem loan), a single-digit loan scheme, targeted at female entrepreneurs. In a statement on Sunday, Folake Ani-Mumuney, the ban...