Business

FG moves to revive cotton textile industry, create

  • 19th May 2026
Sugar price hits N835,400 per tonne

Sugar industry can create one million jobs, curb

  • 19th May 2026

West, Central Africa commit $27bn to port projects

  • 19th May 2026
Pension funds climb by 22% to N18tn - NAICOM

NAICOM tasks insurers on shift to customer-centric insurance

  • 19th May 2026

Contact Info

Some Populer Post

FG moves to revive cotton textile industry, create 1.5

Business

Naira depreciates slightly against dollar at official, parallel FX

featured Finance

Nigeria’s diaspora remittances stabilise at $21.8bn in 2025

Finance
Sugar price hits N835,400 per tonne

Sugar industry can create one million jobs, curb insecurity

Business featured
  • Home
  • First Bank Nigeria Plc

Tag: First Bank Nigeria Plc

First Bank lays off 100 senior staff in restructuring move
Business

Nestoil to sue First Bank, media houses over ‘false dividend suspension’ reports

Nestoil Limited has dismissed recent media reports suggesting that banks’ suspension of dividend payments was linked to an alleged debt owed by the company, describing the narrative as a deliberate attempt to mislead the public and damage its reputation. The company also accused First Bank of Nigeria and its leadership of orchestrating a coordinated media […]

Otedola asks top First Bank official to resign over 'wasteful party'
News

Otedola asks top First Bank official to resign over ‘wasteful party’

The global head of marketing and corporate communications at First Bank, Folake Ani-Mumuney, has been asked to step down by Femi Otedola, chairman of the bank’s holding company, TheCable reported on Monday. The call for her resignation by Otedola stems from being “deeply angered” upon discovering that a substantial amount was spent on a send-off […]

News

First Bank recovers N456bn loan from Heritage Bank

First Bank has received the full repayment of a “N456 billion loan” that was given to Heritage Bank This recovery is a component of a “bailout loan” that was arranged under the governorship of Godwin Emefiele, the previous governor of the Central Bank of Nigeria, according to Nairametrics. According to top sources from First Bank, […]

First Bank lays off 100 senior staff in restructuring move
Banking

First Bank manager steals N650m from 35 customers

Alex omenye A bank manager from a branch of First Bank in Osogbo, Mr. Adeniyi Talabi, has been apprehended by the Osun State Police Command on Tuesday. The allegation against him is the embezzlement of a staggering N650 million belonging to 35 bank customers. According to the command’s spokesperson, Yemisi Opalola, the suspect supposedly carried […]

Banking

Adesola Adeduntan steps down as First Bank CEO

The Managing Director of First Bank Nigeria Limited, Dr. Adesola Kazeem Adeduntan, has resigned from the bank after leading the institution for three terms. This was disclosed in a letter addressed to the bank’s board chairman, Tunde Hassan-Odukale titled, according to Thisday. Adeduntan’s tenure ought to elapse on December 31 2024, but the Bank CEO […]

First bank appoints five new directors
Banking

FBN Holdings reports N362.24bn unaudited pre-tax profit

Bisola David The unaudited condensed financial statements for FY 2023 have been released by FBN Holdings. The company declared a N362.24 billion profit before taxes for the year, a 129% increase over the N157.90 billion it reported for FY 2022. The Times reported that the company recorded interest income of N917.71 billion for the fiscal year […]

First Bank restates commitment to support FMCG wholesalers
Business

First bank shareholders stage protest against annual meeting

Some shareholders demonstrated at FBN Holdings’ headquarters on Monday against an attempt to prevent the financial company from holding its Annual General Meeting as planned. Minority shareholders assembled in front of the headquarters held placards and urged that the institution be let fulfill its legal obligation to host AGMs. The head of the Trusted Shareholders’ Association, Mukhtar Mukhtar, spoke […]

FBN Insurance targets 1m customers in one year
Business featured

Prepare for unexpected challenges, First bank urges SMEs

By Wilson Adekumola   FirstBank of Nigeria Limited has called on Small and Medium Enterprises to build sustainable revenue base in naira and foreign currencies for their businesses against unexpected business challenges.   The bank’s Group Head of Retail Banking, Oludolapo Adigun, gave this urge during a webinar under the SMEConnect initiative dubbed, ”The Power […]

First Bank makes biggest single-day trade since 2012
Banking

First Bank makes biggest single-day trade since 2012

The stock exchange reported that 4.7 billion shares of First Bank of Nigeria Holdings were exchanged on Thursday, the most in a single day since 2012. According to BusinessDay, the shares were sold for N19 each, totaling N87.8 billion which represents 13% of Nigeria’s oldest bank’s outstanding market value, indicating the significance of the transaction. Although […]

Banking

Zenith Bank suspends international transactions on naira cards

Zenith Bank Plc. has suspended international transactions on naira cards.   The bank, in a notice to its customers on Thursday, said the latter will no longer be able to carry out any international transaction on their naira debit cards effective from Monday, January 9.   The notice read, “Please be informed that you will […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in