First Bank of Nigeria Limited has confirmed Olusegun Alebiosu as the substantive Managing Director. The bank also named Ini Ebong as the Deputy Managing Director. In...
Tunde Hassan-Odukale has stepped down as the Chairman of First Bank of Nigeria Limited paving the way for the appointment of Mr Ebenezer Olufowose, a Non-Executive...
First Bank of Nigeria Limited has appointed Olusegun Alebiosu as its acting Managing Director with effect from this month. This appointment is however subject to the...
Amid the sudden resignation of the Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Adesola Adeduntan, FBN Holdings Plc has announced the cancellation of its...
The Board of First Bank Nigeria, FBN Holdings Plc has appointed Femi Otedola, as it announced the appointment of five new directors. The Company disclosed this...
The Bank of Ghana has suspended the Foreign Exchange trading licenses of Guaranty Trust Bank Ghana Limited and FBN Bank Ghana Limited (FBN) for one month...
FBN Holdings has disclosed the company will conduct a Rights Issue to raise funds to boost its available capital for operational needs. Rights Issue are often...
FBN Holdings was fined for failing to comply with the regulations of the capital market authority, NGX Regulation Limited, for the financial period of 2022. Ripples...
Shareholders of First Bank of Nigeria (FBN) Holdings lost about eight per cent of their investment on Wednesday, as the rift between Oba Otudeko and other...
In a bid to forestall the circumstances that led to Central Bank of Nigeria (CBN) clamping down on FBN Holdings in 2015 when Oba Otudeko was...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
Transnational Corporation (Transcorp), First Bank and Fidelity Bank are stocks to watch this week following various activities on their shares in the Nigerian stock market. Ripples...
Stocks to watch list this week are Oando, Prestige and First Bank. The companies made the list following operational and stock market activities last week. Ripples...
These top 10 stories across the nation’s newspapers might interest you. 1. Ex-LP chairman explains why Rhodes-Vivour lost bid for Lagos gov’ship seat Kayode Salako, the...
First Bank of Nigeria (FBN) and Union Bank of Nigeria have delayed the release of their Audited Financial Statements for the period ending December 31, 2022....
These top 10 stories across the nation’s newspapers might interest you. 1. APC governors call for immediate arrest of interim govt sponsors The Progressive Governors’ Forum...
First Bank has denied allegation of forgery filed against the company by the Federal Government after one of its managers allegedly colluded to dispose a school...
Gbenga Shobo has exited his role as the Deputy Managing Director of First Bank of Nigeria (FBN), the financial institution has disclosed. Shobo joined First Bank’s...
First Bank of Nigeria Limited has appointed Mr. Oluseyi Oyefeso as Executive Director, Retail Banking for South. In a statement issued on Monday in Lagos, the...
The second-tier banks continued to dominate the top five best-performing financial institutions in Nigeria, with only one tier-one bank making it into the list in the...
The billionaire businessman, Femi Otedola, suffered mixed fortune in the Nigerian capital market following the drop in his investment in First Bank Holdings by -6.35 percent....
Med-View Airline has accused First Bank of breaching a court order over an alleged N4 billion debt owed by the airline company, after officials of the...
The Nigerian bourse extended its decline on Tuesday, as the market capitalisation fell to N23.861 trillion. It depreciated by 0.02 per cent, losing N5.37 billion from...
The Central Bank of Nigeria (CBN) has approved the acquisition of Access Pension Fund Custodian Limited by First Pension Custodian Nigeria Limited (First Pension). First Pension...
First Bank of Nigeria has cancelled the usage of all its Naira Card for international transactions as scarcity of foreign exchange forced the lender to change...
First Bank of Nigeria (FBN) has reviewed its Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) policy, as dollar scarcity continues to force banks to...
Robbers armed with sophisticated weapons on Tuesday afternoon raided several banks in the Ankpa Local Government Area of Kogi State. The robbers, who were said to...
Investors traded 914.443 million shares worth N15.263 in 18,021 deals this week. This surpassed the 823.005 million shares valued at N12.228 billion which exchanged hands in...
During the week, First Bank investors lost N1.79 billion in five days of trading, coupled with the FCT High Court Enforcement Unit in Abuja, shutting down...
Debtors including companies and individuals owed 12 commercial banks in the country N23.9 trillion as at the end of March last year. The banks disclosed this...
This week’s stocks to watch is centred around the performance of First Bank, McNichols and International Breweries’ capital market performance in the past week, and how...
With recent events, it’s fair to say Nigerian billionaire, Femi Otedola, is the Elon Musk of First Bank of Nigeria (FBN) Holdings, pulling the strings of...
Unity Bank, First Bank and FCMB are some of the stocks investors need to look out for this week, following the resumption of trading session in...
First Bank Holdings Plc, Unity Bank Plc and Union Bank Plc have been fined N13.5 million by the Nigerian Exchange Limited (NGX) for failing to file...
Investors holding First Bank of Nigeria (FBN) share lost 3.11% of their investment on Tuesday, after billionaire, Femi Otedola, the majority shareholder in the firm, engaged...
Billionaire, Femi Otedola, has sold N7.96 billion worth of shares from his investment in First Bank of Nigeria (FBN), almost seven months after he acquired 7.56%...
First Bank of Nigeria Holdings revenue grew 28.2% year-on-year, to N757.3 billion in 2021, against the N590.7 billion grossed during the corresponding period a year before....
First Bank of Nigeria Holdings (FBN) has clarified its 5% and above shareholders following the faceoff between Femi Otedola and Tunde Hassan-Odukale in the fourth quarter...
First Bank of Nigeria (FBN) Holdings has failed to meet the submission deadline for Unaudited Financial Statements for the first quarter ended March 31, 2022, while...
Sterling Bank has appointed Olusola Oworu, the former Independent Director at First Bank of Nigeria (FBN), who was also the former Special Adviser on Commerce &...
RT Briscoe, Courtville and First Bank were selected as stocks to watch for this week, considering their capital market activities and operational decisions. Ripples Nigeria stocks...
At the end of trading this week, the Nigerian Exchange Group reported that 1.858 billion shares exchanged hands in 20,861 deals, valued at N47.486 billion. Trading...
First Bank of Nigeria Limited has announced the appointment of three additional Executive Directors by the Board. The company said in a statement on Wednesday that...
This week’s stocks watchlist consist of two Nigerian banks, First Bank Nigeria (FBN) Holdings and Guaranty Trust Holding Company. Also on the list are telecommunications companies,...
The Central Bank of Nigeria (CBN) has accepted Alhaji Ahmad Abdullahi’s appointment as Chairman and non-executive Director of First Bank Holding Plc. This comes after Mr....
Nigeria’s five biggest banks, First Bank, United Bank for Africa (UBA) Plc, Guaranty Trust Holding Company, Access Bank, and Zenith Bank ended the week on a...
Nigerian banks have posted a gross earning of N3.06 trillion in the first nine months of 2021, according to data collated from the third-quarter earnings of...
First Bank Nigeria (FBN) Holdings reported low turnover in three months period of third quarter 2021, as gross earnings and profit declined by 4.96 percent and...
Governor of Central Bank of Nigeria (CBN) Godwin Emefiele, has said the financial regulator will take action on the ownership tussle at First Bank Nigeria Limited...
It’s been over 48 hours since Ripples Nigeria disclosed that Tunde Hassan-Odukale isn’t the majority shareholder as First Bank Nigeria (FBN) Holdings made their investors believe....
