Tag: FirstBank

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Banks can’t unfreeze GHL accounts, FirstBank warns

FirstBank has filed an appeal against the Federal High Court’s decision to lift the order placed on the assets of General Hydrocarbons Limited, its directors, and shareholders. In a statement released on Sunday, the bank cautioned other financial institutions about prematurely complying with the ruling made by Justice Deinde Dipeolu. It emphasized that the discharge […]

Court Rules FirstBank-GHL dispute Is debt recovery, not maritime claim
News

FirstBank plans expansion to Ethiopia, Angola, Cameroon

First Bank is aiming to expand into at least three African countries in its next phase of growth, as the continent’s financial systems continue to open up new opportunities. The countries under consideration for expansion include Ethiopia, Angola, Cameroon, and Cote d’Ivoire. By entering these markets, First Bank seeks to broaden its customer base and […]

FirstBank announces subsidiary name change
Banking

FirstBank announces subsidiary name change

FBNBank Guinea has changed its name to align with its parent brand and to benefit from the strong heritage and brand equity built by First Bank of Nigeria Limited in its more than 129 years of dominance in the banking industry. According to The Times, First Bank of Nigeria Limited is the parent company of FBNBank […]

FBN Insurance targets 1m customers in one year
Business

First Bank to organise women mentorship program   

First Bank of Nigeria Limited has said it would organise the first women network, mentoring, coaching and sponsorship pillar webinar to commemorate the World Women’s Day. Stating its commitment to empowering women and promoting socio-economic inclusion, the initiative is to bridge the gender gaps and encourage women’s participation at all levels in the organisation. According […]