First Bank restates commitment to economic growth, holds SME week

First Bank restates commitment to economic growth, holds SME week

Mr Gbenga Shobo, Deputy Managing Director of First Bank of Nigeria, said the bank was committed to promoting economic growth through the Small and Medium Enterprises (SMEs). Shobo, who disclosed this on Thursday in Lagos, said to demonstrate this commitment,...
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JUST IN: MTN Seals N200b Deal with 12 Local Lenders

JUST IN: MTN Seals N200b Deal with 12 Local Lenders

MTN Nigeria Communications Plc on Friday confirmed it signed a seven-year 200 billion naira medium term facility with a consortium of seven mostly local banks. The company confirmed this in a statement by its Company Secretary, Uto Ukpanah, to the...
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FirstBank Upgrades Electronic Banking App to Fight Theft

FirstBank Upgrades Electronic Banking App to Fight Theft

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 in Lagos on Tuesday, said that the improv...
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2017: First Bank Foils Cyber Attacks, E-Frauds, Gets CBN Awards

2017: First Bank Foils Cyber Attacks, E-Frauds, Gets CBN Awards

First Bank of Nigeria mitigated a good number of cybercrimes and electronic frauds successfully in the out-gone year and this fetched the bank Best FraudDesk and Most Cooperative FraudDesk awards by the Nigerian Electronic Fraud Forum (NeFF). The bank said...
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First Bank Expresses Support for SMEs to Boost Employment

First Bank Expresses Support for SMEs to Boost Employment

The First Bank of Nigeria on Sunday expressed its commitment to the development of Small and Medium Enterprises (SMEs) in line with the Federal Government’s economic diversification drive. Mr Gbenga Shobo, the bank’s Deputy Managing Director, made the comm...
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FG Withdraws Suit Against UBA, Firsk Bank, Skye, Fidelity, Sterling, Diamond others

FG Withdraws Suit Against UBA, Firsk Bank, Skye, Fidelity, Sterling, Diamond others

The Federal Government on Tuesday at the  Federal High Court sitting in Lagos filed an application seeking to withdraw its suit against seven banks accused of violating the Treasury Single Account (TSA) policy. The News Agency of Nigeria (NAN) reports...
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Mathew Wilshere Stays as CBN, Banks Appoint New CEO for Etisalat

Mathew Wilshere Stays as CBN, Banks Appoint New CEO for Etisalat

A Deputy Governor of the Central Bank of Nigeria (CBN) Dr. Joseph Nnanna was Tuesday appointed Chairman, Etisalat Nigeria’s new board of directors. The constitution of the board, which was jointly brokered by the Nigerian Communications Commission (NCC) and ...
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Forex: CBN bars UBA, First Bank, GTB from SME sales window

Forex: CBN bars UBA, First Bank, GTB from SME sales window

The Central Bank of Nigeria (CBN), on Tuesday, barred 14 Money Deposit Banks from dealing in the Small and Medium Entreprises (SME) wholesale Forex window. The barred banks are First Bank, Keystone Bank, Main street Bank, Ecobank,  Stanbic IBTC, Citi...
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