First Bank Archives — City Business News

January 17, 2025 No Responses

Alleged N12.3b Fraud: EFCC To Arraign Otudeko, Ex-First Bank MD

The Economic and Financial Crimes Commission (EFCC) has filed a 13-count criminal charge against the Chairman, Honeywell Group, Chief Oba Otudeko and a former Managing Director of First Bank, Olabisi Onasanya for allegedly obtaining the sum of N12.3bn from First...

January 10, 2025 No Responses

NIGERIA’S FIRSTBANK SETS SIGHTS ON ETHIOPIA, ANGOLA, CAMEROON

Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up to new opportunities. More than a decade after an acquisition spree...

December 30, 2024 No Responses

FirstBank Lays Off 100 Senior Staff

FirstBank, part of FBN Holdings’ has exited about 100 senior staff members.According to Nairametrics, some of the bank’s top executives were asked to leave as part of its repositioning plan for 2025.The exits appear to be part of a concerted...

October 15, 2024 No Responses

First Bank To Hold 63rd Edition Golf Tournament In Lagos

First Bank has announced the 63rd edition of its amateur open golf championship in efforts to support sports development. According to the Bank, the event will hold from November 18 to November 24, 2024, at the golf club of the...

August 22, 2024 No Responses

50,000 Target: Firstbank , NCF Extend Tree Planting To FCT

FirstBank, in partnership with the Nigerian Conservation Foundation (NCF), has launched a major tree-planting initiative to enhance Nigeria’s vegetation cover.According to the bank, the tree planting exercise led by Aishatu Bubaram, the Group Executive, Comm...

July 19, 2024 No Responses

WITH GIANTS CAMPAIGN, FIRSTBANK IS TRULY WOVEN INTO THE FABRIC OF SOCIETY

The ‘Giant in you’ campaign of the FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and...

June 20, 2024 No Responses

First Bank Confirms Alebiosu As MD

First Bank of Nigeria Limited has confirmed the appointment of Olusegun Alebiosu as the substantive Managing Director (MD) and Chief Executive Officer (CEO) of the bank. In a notice on Wednesday to the Nigerian Exchange Group, the company’s Secretary, Adewal...

June 14, 2024 No Responses

First Bank Partners International Women’s Society To Empower Women

First Bank of Nigeria Limited has partnered International Women’s Society (IWS) to empower over 250 widows, in commemoration of the 2024 International Widows’ Day.The News Agency of Nigeria (NAN) reports that beneficiaries at the Lagos event, tagged “IWS...

June 2, 2024 No Responses

FIRSTBANK MAINTAINS IMPRESSIVE PERFORMANCE, POSTS N238.53BN PBT IN Q1 2024

FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023. The Q1 2024...

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...

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...