Tag: First Bank
First Bank recovers N456bn loan from Heritage Bank before licence revocation
First Bank has received the full repayment of a “N456 billion loan” extended to Heritage Bank, a report by Nairametrics has confirmed.
This recovery is...
First Bank employee on the run after diverting ₦40bn — Report
First Bank, a Nigerian bank with a market capitalization of ₦829 billion, has begun legal action to recover “huge sums of money” allegedly diverted...
FirstBank partners Proparco on climate performance
First Bank of Nigeria Ltd. in partnership with Proparco, a development finance institution, has begun mainstreaming climate initiatives into business operations and strategy.
This is...
First Bank cancels extraordinary meeting amid surprise over MD’s resignation
First Bank Holdings PLC has cancelled its extraordinary general meeting amid surprise over the resignation of its Managing Director, Adesola Adeduntan, from his role...
Just in: Bank of Ghana suspends GT Bank, First Bank’s Forex...
The Central Bank of Ghana, otherwise known as Bank of Ghana, has reportedly suspended the foreign exchange licences of Guaranty Trust Bank and First...
First Bank unveils humanoid robots, self-service facilities in Abuja
FirstBank Nigeria PLC has unveiled a fully-automated self-service branch in the Wuse area of Abuja in its efforts to simplify banking.
The branch, dubbed the...
FIRS, First Bank seek out-of-court settlement in N25bn damages suit
Court
Federal Inland Revenue Service (FIRS) and First Bank Plc have opted for out of court settlement in a N25 billion damages suit filed against...
FirstBank targets 500,000 agents to boost financial inclusion
Professor Yemi Osinbajo, Vice President, Federal Republic of Nigeria (middle); Dr. Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited (right); Dr...
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