Tag: first bank
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Ex-First Bank MD, Onasanya denies N12.3bn fraud allegations
The former Group Managing Director of First Bank of Nigeria (FBN) Limited, Bisi Onasanya. has denied involvement in a N12.3 billion fraud. Onasanya was accused of allegedly looting N12.3 billion from First Bank.
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CBN sanctions UBA, Zenith Bank, First Bank, six others for failing to dispense cash
The Central Bank of Nigeria (CBN) says it has sanctioned some Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. According to a statement by Hakama Sidi-Ali, CBN’s Director, Corporate Communications Department,
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First Bank fixes date for system migration
Following the wave of recent disruptions in the Nigerian banking sector, First Bank has announced plans to transition to a new cloud-based procurement and financial platform as part of its ongoing strategy to improve operational efficiency and service delivery.
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First Bank confirms appointment of Alebiosu as MD
FBN Holdings Plc has confirmed the appointment of Mr Olusegun Alebiosu as substantive Managing Director/Chief Executive Officer of First Bank of Nigeria Ltd, (FirstBank), one of its flagship subsidiary.
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Renowned banker, Tunde Hassan-Odukale retires as First Bank chairman
Renowned banker, Tunde Hassan-Odukale on Thursday stepped down as the Chairman of First Bank of Nigeria Limited. First Bank general-secretary, Adewale Arogundade made this known via a statement on the e Nigerian Exchange Group on Thursday.
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FBN Holdings share plunges after appointing new MD
The share value of FBN Holdings Plc on the stock market fell by 84.32 per cent on Monday, following the announcement of Mr Olusegun Alebiosu as the Managing Director of its subsidiary, First Bank of Nigeria.
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Bank Of Ghana suspends foreign exchange Licences of GTB, First Bank over fraudulent documentation
The Bank of Ghana has suspended the foreign exchange trading licences of two Nigerian-owned banks operating in the country.
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NEW NAIRA NOTES: Who did Nigerians offend as banks refuse withdrawal?
Scarcity of the new naira notes and the difficulty in accessing the few available ones are proving to be a daunting experience for Nigerians across the country, as UBA Bank at the Agbara area of Badagry, Lagos State, on Tuesday stopped attending to their customers/Nigerians who were at the bank to withdraw money. The challenges…
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Wema Bank emerges best performing bank in half year 2022
Nigeria’s most innovative bank, Wema Bank Plc, has emerged as the best-performing bank in the first half of the year 2022 financial year with a weighted average score of 2.83 points, beating 12 other banks.
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First bank reopens Abuja headquarters office
First Bank Limited has reopened its headquarters (Coomassie House) located in the Central Business District, Abuja. Newsmen recall that the office was on Aug. 4, sealed by the FCT High Court Enforcement Unit over failure to comply with a garnishee order. A garnishee order is one of the options open to a judgment creditor to…