30 results
- 31 Dec 2018
First Bank Extends Agency Banking Network
First Bank of Nigeria Limited has extended its agency banking network to 14 major markets and business points across Bayelsa, Cross River and Delta states through a campaign. The bank said in…
- 4 Jan 2019
First Bank Extends Agent Banking In Bayelsa, Cross River, Delta
As a part of efforts to deepen Financial Inclusion in Nigeria, First Bank of Nigeria Limited extended the Agent Banking campaign to 14 major markets and business points across Bayelsa, Cross River…
- 8 Sept 2015
Adeduntan to Take Over from Onasanya as First Bank Boss
First Bank of Nigeria Limited on Monday announced that its Chief Financial Officer and Executive Director, Dr. Adesola Adeduntan, would replace Mr. Bisi Onasanya as the Group Managing Director and…
- 4 Mar 2019
First Bank Marks 125th Anniversary, Recommits to Nigeria’s Development
First Bank of Nigeria Limited has said that it would remain committed to the development and growth of Nigeria as well as the financial industry through enhanced service delivery. Dr Adesola…
- 27 Jan 2020
First Bank Wins Best Mobile Banking App, Fastest Growing Retail Bank Awards
First Bank 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…
- 18 Aug 2022
First Bank Appoints Iyamabo as Executive Director
First Bank of Nigeria Limited has announced the appointment of Mr. Patrick Iyamabo as an Executive Director. The appointment is subject to the approval of the Central Bank of Nigeria (CBN). In a…
- 4 Dec 2014
Heritage Bank Makes History with Nigeria’s First Portable PoS Device
Heritage Banking Company Limited, a burgeoning bank has introduced Nigeria’s first portable POS solution. The device is named “PortaPOS”. It is a product of Mobile Point of Sale (mPOS) revolution…
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 5 Aug 2015
Name and Shame: FCMB, MRS Fight over N6.2Bn Debt
Central Bank of Nigeria (CBN)-initiated name and shame campaign of banks’ delinquent debtors gained further momentum on Wednesday as First City Monument Bank Limited and Ecobank Nigeria published…
- 8 Sept 2021
First Bank Launches LIT App, Reiterates Commitment to Put Customers First
In furtherance of its commitment to spearhead value-driven mobile and digital banking in Nigeria, First Bank of Nigeria Limited has announced the launch of the LIT Application, created to…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 4 Nov 2020
First Bank Bags Global Finance 2020 Best Mobile Bank App Award
First Bank of Nigeria Limited, a leading financial inclusion services provider has announced that its mobile banking application, FirstMobile, has been awarded the 2020 Best Mobile Banking App award…
- 31 Oct 2018
First Bank, Clickatell Drive Financial Inclusion in Nigeria using WhatsApp
Clickatell is promoting financial inclusion in Nigeria by enabling FirstBank to launch Chat Banking on WhatsApp, unlocking the opportunity for millions of new consumers to experience an improved way…
- 16 Aug 2018
MTN Nigeria Inks N200bn loan facility with 12 banks for Network Expansion
MTN Nigeria on Wednesday signed a seven-year N200 billion medium term facility with a consortium of twelve (12) local banks, with FBN Quest acting as facility agent. Ferdi Moolman, Chief…
- 29 Aug 2021
First Bank Sponsors Duke of Shomolu Production as Awo, Aremu Hits the Stage
First Bank of Nigeria Limited has announced its sponsorship of ‘A Deep Dive Into History’, a theatre production from the Duke of Shomolu (DOS) Production House, spearheaded by Joseph Edgar. A deep…
- 18 Aug 2014
Western Union Partners First Bank on Outbound Service Launch
The Western Union Company, a leader in global payment services, has announced the launch of the outbound remittance service in Nigeria. Since the Western Union Money Transfer service was launched in…
- 1 Feb 2016
UBA, Others Make World’s Top 500 Banks
United Bank for Africa, First Bank of Nigeria Limited, Guaranty Trust Bank Plc and Zenith Bank Plc have been named among the world’s top 500 banks. A new study conducted by the United Kingdom-based…
- 24 Nov 2020
9PSB Launches Nigeria’s First Digital Lifestyle Bank
The Nigerian banking sector has been set on a new innovative course with the launch of a digital lifestyle bank, 9 Payment Service Bank (9PSB), the first of its kind in the financial industry.…
- 21 Apr 2017
First Bank Committed to Revamping of FirstMobile to Boost Convenience
First Bank of Nigeria has said that the bank would continue to revamp its mobile banking application, FirstMobile, to boost convenience and ease of banking. The bank stated this in a statement in…
- 14 Nov 2023
Interswitch System Glitch: Court Orders Freezing of Accounts in 54 Banks
Justice Peter Lifu (JP) of a Federal High Court sitting in Lagos has granted an order freezing some accounts in about 54 financial institutions in the country where alleged funds from Interswitch…
- 23 Jul 2019
First Bank Leverages Digital Innovations to Promote Financial Inclusion
First Bank of Nigeria Limited has organised a joint seminar with sub-Saharan African banking and telecom regulators to promote financial inclusion through digital innovations in sub-Saharan Africa.…
- 9 Sept 2024
Sterling Bank Pioneers Africa’s First Indigenous Core Banking System
Sterling Bank Limited, has made history by migrating to what is believed to be the continent’s first-ever indigenous core banking solution called SeaBaaS. The implementation of SeaBaaS, developed by…
- 22 Jun 2020
First Bank Empowers Women with FirstGem Online Community
First Bank of Nigeria Limited, the nation’s leading financial services provider, has announced that its all-female online community www.firstgem.com.ng , is offering mentorship support and capacity…
- 29 Apr 2021
CBN Fires all First Bank Directors, Reinstates Sacked MD
Central Bank of Nigeria (CBN), has sacked all First Bank of Nigeria (FBN) directors and appointed new ones with immediate effect. The CBN also accused the directors of corporate governance breach,…
- 7 Jul 2015
FirstBank Partners Asian Banker on Retail Banking in West Africa
First Bank of Nigeria Limited, Nigeria’s most valuable Banking Brand has partnered with the Asian Banker Magazine to host the West Africa International Retail Banking Dialogue 2015. The event which…
- 3 Aug 2018
Court Orders First Bank to Pay Olisa Agbakoba N266m for Breach of Contract
First Bank of Nigeria Limited has been ordered by a federal high court sitting in Ikoyi, Lagos, to pay one of its customers, Mr Olisa Agbakoba (SAN), a notable lawyer in the country, the sum of…
- 25 Jul 2019
Agusto& Co. Assigns a ‘Bb’ Rating to SunTrust Bank Nigeria
Nigeria’s first credit Rating Agency and a pan African leader in credit reports, Agusto & Co. limited whose strong credibility presence and ratings are globally accepted in Nigeria, and across…
- 28 Apr 2021
Gbenga Shobo Appointed MD/CEO of First Bank
The Board of Directors of First Bank of Nigeria Limited has approved the appointment of Mr. Gbenga Shobo as its Managing Director/Chief Executive Officer (CEO), effective from Wednesday, April 28,…
- 19 Sept 2024
Sterling Bank Adopts Africa’s First Indigenous Core Banking Solution
Sterling Bank Limited has migrated to what is believed to be the continent’s first ever indigenous core banking solution called SeaBaaS. The implementation of SeaBaaS, developed by Peerless, marks…
- 19 Jun 2024
First Bank Confirms Alebiosu as MD, Ebong as DMD
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. Updating the Nigerian…