First Bank of Nigeria Limited under the leadership of Dr. Adesola Adeduntan has announced that its mobile banking application, FirstMobile, has been adjudged the 2020 Best Mobile Banking App in this year’s Global Finance Best Digital Bank Awards. This feat is largely attributable to the bank’s relative strength and success of its web products and…
It is no doubt that one of the financial institutions huge bad loans is First Bank Nigeria Limited, a subsidiary of FBN Holdings Plc. However, the management of the lender is working tirelessly to ensure the non-performing loan (NPL) ratio of the company is cut from double-digits to a single digit. Managing Director/CEO of First…
Some family members of the late Edo State-born billionaire, Samuel Aideyan, are not happy with First Bank Nigeria Limited. According to the aggrieved family members, the financial institution could have prevented the crisis presently rocking the family if the bank had earlier taken some steps, especially by raising red flags when some huge amount of…
One of the biggest banks in Nigeria, First Bank, has been taken to court by one of its customers, who is not happy with how his money domiciled with the bank was fraudulently used in London to carry out some transactions he never initiated. The customer, Abolade Bode, who lives in Nigeria, claimed money in…
Automation is the use or introduction of technology in a manufacturing or other process or facility. Businesses and enterprises are gradually embracing automation because it plays a key role in transforming any business for good. Despite this, some businesses are yet to automate. Perhaps, these benefits shared by Jumia Travel, the leading online travel agency, should…
On March 29, 2015, when President Muhammadu Buhari made the statement “I belong to everyone and I belong to nobody”, a lot of people didn’t believe he meant what he had said. However, as his anti-corruption fight started and took shape the President gathered fans. As corrupt individuals were picked and prosecuted he gathered more…
A director with First Bank of Nigeria has been apprehended by officials of the Economic and Financial Crimes Commission, EFCC. The suspect, Dauda Lawal, is the Executive Director, Public Sector of the First Bank. Lawal was reportedly arrested on Tuesday, May 10, 2016. SaharaReporters said the First Bank director was nabbed by the EFCC over…
If there is one thing that is causing anxiety at First Bank at the moment, it is the report that the financial institution is planning to lay off about 1000 workers on its payroll. Also, if the feelers we are getting is anything to go by, the situation may be causing problem within the bank…
Deputy Managing Director of First Bank, Gbenga Shobo, will be speaking on the potentials of financial inclusion in growing the informal sector. He will be speaking on the theme: Financial Inclusion: Unleashing the Potential in the Informal Sector, during the first day of a plenary session of the “Banks of the Future in Africa” conference,…
A Federal High Court in Lagos, has adjourned a case before it involving First Bank of Nigeria till after the Sallah holiday. The Stephen Olabisi Onasanya led First Bank was taken to court by Peep ‘N’ Pick Bureau de Change Limited. According to the suit instituted by K.A. Salawu principal state counsel from the office…