Press Room

FirstBank' Reports 637% Increase In Profit Before Tax For Period Ending June 2010 - 20 July 2010

First Bank of Nigeria Plc (Bloomberg: FIRSTBAN NL/Reuters: FBNP.LG (“FirstBank” or
the “Group”), the most diversified financial services group in Nigeria with international
presence in London, Paris, Johannesburg and Beijing announces its unaudited results
for the 6 months ended 30 June 2010.

Changes at the Executive Management Level - 19 July 2010

FirstBank of Nigeria Plc, the nation’s largest and longest-standing financial services institution, recently announced several transitions in executive leadership. In an official statement, the Bank announced that three Executive Directors, Mr. Oladele Oyelola (Chief Financial Officer), Mrs. Bola Adesola (Executive Director, Lagos), and Dr. Abdu Abubakar (Executive Director, Banking Operations and Services) have resigned after a combined twenty-nine years of service at the financial services powerhouse. Both Mr. Oyelola and Mrs. Adesola were in the final year of their second 3-year term with no option for renewal in line with FirstBank’s corporate governance policy.

FirstBank Set to offer MoneyGram Services - 21 May 2010

First Bank of Nigeria Plc (FirstBank) has added MoneyGram to its suite of money transfer and payment services, thus making it one of the first banks in Nigeria to have the franchises of the two leading global money transfer institutions, the other being Western Union.

FIRSTBANK REPORTS 29% INCREASE IN GROSS EARNINGS AND 15% INCREASE IN OPERATING INCOME FOR DEC 2009 - 21 April 2010

FIRSTBANK REPORTS QUARTER ON QUARTER INCREASE IN PROFIT BEFORE TAX AND STRONGER CAPITAL ADEQUACY - 21 April 2010

EXCERPTS FROM CHAIRMAN’S INAUGURAL MESSAGE TO THE BOARD OF DIRECTORS - 22 January 2010

FIRSTBANK DONATES AND COMMISSIONS UNN FACULTY BUILDING - 20 January 2010

First Bank of Nigeria Plc’s continuing commitment to corporate social responsibility was reinforced on Wednesday, January 13, 2010, when it donated and commissioned a faculty building to the School of Medicine, University of Nigeria Teaching Hospital (UNTH) Enugu.

LETTER TO ALL OUR STAKEHOLDERS - Attempted Bombing on US Airline - 29 December 2009

Otudeko Succeeds Mutallab as FirstBank Chairman - 15 December 2009

A change of baton has taken place in Nigeria’s premier financial institution, First Bank of Nigeria Plc, as Dr. Oba Otudeko, an erstwhile non-executive director, was elected on Tuesday by the Bank’s Board of Directors to take over from Alhaji (Dr.) Umaru Mutallab as chairman.

FirstBank Launches Microfinance Bank - 14 December 2009

In its commitment to ensuring that Nigerians, particularly low income earners, achieve the highest possible economic growth and a rising standard of living, First Bank of Nigeria Plc has launched its microfinance outfit, FBN Microfinance Bank Ltd (FBNMFB). Incorporated in March 2009, FBNMFB is a fully owned subsidiary of FirstBank, duly licensed by the Central Bank of Nigeria as a state microfinance bank to operate in the 36 states of the federation including the FCT.

FirstBank Deploys Microsoft Solutions to Increase Employee Productivity - 11 November 2009

As part of its on-going strategy to transform employee productivity, customer responsiveness and risk management, First Bank of Nigeria Plc (FirstBank) has deployed Microsoft’s messaging collaboration, a unified communication and information security solution.

FIRST BANK OF NIGERIA PLC REPORTS 32% INCREASE IN REVENUES FOR THE SIX MONTHS - 05 November 2009

First Bank of Nigeria Plc (Bloomberg: FBN NL) (“FirstBank” or the “Company”) announces its unaudited results for the six months ended 30 September 2009.
2009 has been a tough trading environment for the Nigerian banking sector. While FirstBank has not been immune to such challenges, we have emerged stronger from the financial crisis. In line with our conservative nature, we have taken provision in excess of the N20.1 billion mandated by the Central Bank of Nigeria.

FIRSTBANK LEADS MARKET IN FULL DISCLOSURE & TRANSPARENCY - 13 July 2009

Analysts, Institutional Investors and Fund Managers have praised First Bank of Nigeria Plc, the most diversified financial services group in Nigeria, for the full disclosure and transparency it showed in its just released audited results for the year ended 31 March 2009.

FirstBank Full-year audited group results for the year ended 31 March 2009 - 10 July 2009

FIRST BANK OF NIGERIA PLC REPORTS 71% INCREASE IN DEPOSIT LIABILITIES AND PROFIT BEFORE TAX AND EXCEPTIONAL ITEMS INCREASE OF 12% FOR THE YEAR ENDED 31 MARCH 2009

FirstBank Acquires SAS Risk Management Solution Software - 02 July 2009

As African banks strive to meet regulatory trends within the global financial market, First Bank of Nigeria (FirstBank) is staying ahead of the pack with the acquisition of a world-class risk management solution from SAS.

FirstBank Secures Approval to Operate in China - 01 July 2009

First Bank of Nigeria Plc has secured the approval of the China Banking Regulatory Commission (CBRC) to open a Representative Office in Beijing, China, following a thorough due diligence process. Keeping with its tradition of “firsts,” FirstBank is the first Nigerian bank to commence operations in the Peoples Republic of China, one of the fastest growing economies in the world, having satisfied the official requirements prescribed by the CBRC, the Chinese financial services regulatory body.

FirstBank, Others Finance $240 million Bandwidth Project - 12 June 2009

First Bank of Nigeria Plc in conjunction with Skye Bank and African Finance Corporation (AFC) has signed a $240 million financing deal with MainOne Cable Company, a private sector-led initiative with Main Street Technologies as sponsor. The deal is for the construction of a sub-sea cable to deliver a 1.92 therapy per second capacity bandwidth that will provide international and Internet connectivity to countries between Portugal and South Africa on the West coast of Africa. The cable which is being built by world renowned telecoms giant, Tyco Telecommunications will enable more Africans to have access to the Internet.

FirstBank Adopts International Financial Reporting Standards - 08 June 2009

In a bid to further strengthen its corporate governance standards and enhance transparency and disclosure in its financial reports, First Bank of Nigeria Plc has adopted the International Financial Reporting Standards (IFRS) as certified by the International Accounting Standards Board. By so doing FirstBank aligns with the strongest global standards of transparency in financial reporting. The adoption of IFRS at FirstBank takes immediate effect, and will apply to the bank’s financial report for the year ended March 31, 2009

Onasanya Succeeds Sanusi as Firstbank Group Managing Director - 08 June 2009

A change of baton has taken place in Nigeria’s premier financial institution, First Bank of Nigeria Plc, as Mr. Stephen Olabisi Onasanya, the erstwhile Executive Director, Banking Operations & Services, was appointed on Wednesday by the Governance Committee of the Board of Directors to take over from Mr. Sanusi Lamido Sanusi as Group Managing Director/Chief Executive Officer.

Firstbank supports education with n20 million - 06 June 2009

First Bank of Nigeria Plc’s continuing commitment to corporate social responsibility was reinforced on Friday, May 8, 2009, when it donated N20 million to an educational institution in Kaduna State, St. Anne’s Nursery and Primary School. The donation was done at the instance of the school’s 50th anniversary celebrations.