Media

23-September-2016

FirstBank offers educational products to schools

As students resume after the long holidays, First Bank of Nigeria Limited, is set to support schools with their educational requirements to enhance preparations for the school year. In a statement, the lender announced that it had developed an array of products and solutions targeted at enabling schools acquire attractive educational facilities to support their business whilst empowering parents and guardians to seamlessly send their wards back to school.

 

 

Culled from http://www.thenigerianvoice.com/news/230164/firstbank-offers-educational-products-to-schools.html


20-September-2016

FBN Holdings bags multiple awards

First Bank of Nigeria Limited and FBN Capital Limited, both subsidiaries of the FBNHoldings Group were recipients of double laurels at the BusinessDay yearly banking awards in Lagos recently.

First Bank of Nigeria Limited won ‘The Most Customer Friendly Bank’ and the ‘Best Bank in Corporate Social Responsibility’ whilst FBN Capital was awarded with the ‘Best Managed Funds (First Capital Asset Management Anchor Funds)’ and ‘Best Managed Funds (Money Market)’.

 

 

Culled from http://guardian.ng/appointments/fbn-holdings-bags-multiple-awards/


19-September-2016

Sanusi, Awosika, Utomi for Afrinvest Banking Sector Report Launch

The Emir of Kano, Muhammadu Sanusi II, Chairman of First Bank of Nigeria, Ibukun Awosika, and renowned Professor of Political Economy, Pat Utomi, will lead other prominent bankers, economists and management experts from within and outside the country to attend the launch of the 2016 Nigerian Banking Sector Report on Wednesday, September 21 at the Muson Centre Onikan, Lagos.

 

 

Culled from http://newsherald.com.ng/2016/09/sanusi-awosika-utomi-afrinvest-banking-sector-report-launch/


16-September-2016

FirstBank emerges Nigeria's Most Customer-Friendly Bank

Nigeria's most valuable bank Brand, First Bank of Nigeria Limited has emerged the Most Customer Friendly bank at the BusinessDay annual banking awards, 2016. The Bank was also named the 'Best Bank in Corporate Social Responsibility in Nigeria for the year 2016'.

 

 

Culled from http://www.thenigerianvoice.com/news/229429/firstbank-emerges-nigerias-most-customer-friendly-bank.html


05-September-2016

First Bank appoints Olusegun Alebiosu as Chief Risk Officer

First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Olusegun Alebiosu as its new Chief Risk Officer (CRO). Prior to this appointment, Olusegun was the Chief Risk Officer of Coronation Merchant Bank.

 

 

Culled from http://dailypost.ng/2016/09/05/first-bank-appoints-olusegun-alebiosu-chief-risk-officer/


01-March-2016

37th Annual Kaduna Trade Fair: FirstBank Fetes Customers with Products Bouquet

In keeping with its tradition of stimulating the economy and encouraging bi-lateral trade relations between Nigeria and its trading partners, Nigeria’s foremost financial institution and the most valuable bank brand, First Bank Nigeria Limited, will deploy cutting-edge technology to drive its products and services at the 37th edition of Kaduna Trade Fair.

 

 

Culled from http://investadvocate.com.ng/2016/02/26/37th-annual-kaduna-trade-fair-firstbank-fetes-customers-products-bouquet/


01-March-2016

FirstBank fetes customers with products bouquet at fair

First Bank Nigeria Limited, has deployed cutting-edge technology to drive its products and services at the 37th edition of Kaduna Trade Fair.

During the ongoing ten-day fair, the bank’s broad clientele and prospective ones will benefit from FirstBank’s famous financial advisory services, on-line-real-time banking, internet banking, Automated Teller Machine (ATM), cards products, consumer finance products, Western Union/MoneyGram and a bouquet of innovative and lifestyle-fit products and services. As Nigeria’s leading retail bank, FirstBank has over the years broadened its product and services offerings to include agricultural finance, bills discounting, equipment leasing and mortgage finance.

 

 

Culled from http://www.dailytrust.com.ng/news/business/-firstbank-fetes-customers-with-products-bouquet-at-fair/135974.html


29-February-2016

First Bank stakes N25b on sustainability

With a renewed commitment towards corporate social responsibility initiatives, First Bank of Nigeria Limited has stated that it expended N25 billion on sustainability programmes within the last 30 years.

According to the bank, the initiatives, which cut across sustainable financing to community projects, are geared towards increasing the financial institution’s intervention and impact in the Nigerian society.

 

 

Culled from http://www.ngrguardiannews.com/2016/02/first-bank-stakes-n25b-on-sustainability/


18-February-2016

In Show of Strength, FirstBank, Zenith Lead In Forex Allocation from CBN

THISDAY's review of the latest returns on utilisation of foreign exchange bought by 14 commercial banks from the Central Bank of Nigeria (CBN) has shown that First Bank of Nigeria Limited (FirstBank) with a total of $25,701,921.17 reported the highest amount of forex purchased from the CBN on behalf of its customers.

Forex consumption is a function of the volume of business a bank does, particularly with the larger corporates and manufacturing firms that use huge chunks of forex.

 

Culled from http://www.thisdaylive.com/articles/in-show-of-strength-firstbank-zenith-lead-in-forex-allocation-from-cbn/232240/


17-February-2016

Interswitch applauds First Bank over N100m monthly transactions


Interswitch Transnational, Africa’s leading integrated payment and transaction processing company, has officially recognized First Bank Nigeria plc as the first financial institution in the country to achieve a transaction volume of N100 million transactions in a month.

The record transaction volume, which was achieved in the month of December 2015, represents the total transactions processed by First Bank’s Front End Processor running on the Interswitch transaction switching platform which seamlessly links all financial institutions in Nigeria to facilitate better and quicker transactions across all platforms.

 

Culled from http://www.pmnewsnigeria.com/2016/02/17/interswitch-applauds-first-bank-over-n100m-monthly-transactions


08-February-2016

First Bank Promotes Trade Financing, Supports Export Finance Conference

First Bank of Nigeria Limited, has stated its resolve to promote trade financing in the country.

To drive home its resolve, the bank, in collaboration with FBN Bank UK Limited, a subsidiary of FBN Holdings Plc, sponsored the 7th Annual West Africa Trade & Export Finance two-day conference held in Lagos, recently.

The event, organised by Exporta Publishing & Events Limited, brought together delegates from the market’s leading corporate, banking and financial services organisations, to discuss key market issues within agribusiness, hard commodities, risk mitigation and infrastructural development.

 

Culled from http://www.leadership.ng/business/499076/first-bank-promotes-trade-financing-supports-export-finance-conference


26-January-2016

Enhancing costumers’ digital experience via mobile banking app

As part of its effort to boost convenience and ease of banking as well as enhance customers’ digital banking experience in line with its commitment to offer value-added products and services that suit the lifestyles of its customers, Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has unveiled a set of enhanced features in its integrated lifestyle mobile banking app, FirstMobile. The mobile banking app which is secure and easy to use, allows customers to carry out banking transactions on the go from their mobile phones.

 

 

 

Culled from http://www.yemojanewsng.com/firstbank-unveils-enhanced-features-on-mobile-banking-app-firstmobile/


14-January-2016

FirstBank offers educational solutions to schools

First Bank of Nigeria Limited is set to support schools and educational institutions with their educational requirements to enhance preparations for the school year.

The bank’s support for educational development of the child and the institution is an offshoot of its initiative for Small and Medium Enterprises (SMEs). The lender has developed an array of products and solutions targeted at enabling schools at all levels to seamlessly automate their administrative processes and optimise the process for school fees collections whilst they also acquire attractive educational facilities to support their business.

The bank’s educational products and solutions include the FirstEduPortal, SkoolPay, and theFirstEdu Loan. Others are Operational Vehicle Loan, Commercial Mortgage and Personal Loan against Salary (PLAS) which enhances Parents/Guidance’s capacity to pay their wards’ school fees.

The FirstEduPortal facilitates online application and admission, result checking, course scheduling, transcript request, e-learning as well as school fees payment and confirmation amongst others. The portal gives educational institutions the option of receiving payments from their students via debit cards online, Point of Sale, Automated Teller Machines and through any FirstBank branch.

 

Culled from http://thenationonlineng.net/firstbank-offers-educational-solutions-to-schools/


12-January-2016

Okagbare is FirstBank’s Brand Ambassador

Nigeria’s queen of track and Africa’s fastest woman, Blessing Okagbare has been named First Bank of Nigeria’s Brand Ambassador.

With a large collection of medals in track and field events, she embodies the strong qualities of resilience and excellence, a reflection of First Bank’s brand promise to always deliver the gold standard of value and excellence to its teeming customers.

First Bank’s endorsement of Okagbare reinforces the Bank’s core values of Passion, Partnership and People while it also underpins the Bank’s stance to collaborate with its stakeholders and provide support in all aspects of their lives.

The Bank is pleased to associate with Blessing’s qualities and achievements and is proud to present her as a model of hard work and exploits to the youth.

According to a statement by First Bank’s spokesperson, Folake Ani-Mumuney, the Bank is pleased with the endorsement of Blessing as this is a further testament to its support for youth empowerment.

“We are particularly proud of Blessing’s feats in Africa and the globe at large and we were her proud promoters during the 2012 London Olympics. We are optimistic that this endorsement will inspire our youth towards the achievement of their dreams” she said.

Culled from http://www.vanguardngr.com/2016/01/okagbare-is-first-banks-brand-ambassador/


14-December-2015

FirstBank Bongs Families at Fiesta of Flavours

These are times for brands. At a time  when customers’ retention is based on how best brand managers explore every point of engagement to show that they care, FirstBank of Nigeria has explored Fiesta of Flavour, a three-day fun-for-the-family event, to deepen its relationship with its customers.

The show featured music and movie. A young man, Ifeoluwa Adaranijo who was at the show said he relished the atmosphere of fun, love, relaxation and entertainment created by the FirstBank sponsored event.

Another participant, Mrs. Caroline Ikpe, said the event gave her the opportunity to bond with her three kids whom she hardly had time to “catch fun and relieve stress with” because of work.

 

Culled from http://thenationonlineng.net/firstbank-bonds-families-at-fiesta-of-flavour/


07-December-2015

Onasanya, Arase Win Award

 

Group Managing Director of First Bank Nigeria Plc, Mr. Stephen Onasanya

The Group Managing Director and Chief Executive Officer of First Bank Nigeria Plc, Mr. Stephen Onasanya and the Inspector General of Nigeria Police, Solomon Arase have both emerged as the CEO and man of the year in a recent poll conducted by the Genesis International magazine.

The Publisher of the Magazine, Yomi Agbabiaka, stated that they were given the awards based on the recognition of excellence, and not on monetary gains from the awardees.

Agbabiaka added that: “We conducted polls on our website, genesismagz.com and from there the winners emerged. We did not force anybody or interfere in the voting system.

The winners emerged from our fans and the readers of our magazine. Our dream is to make this an annual event and making the selection a very transparent and all-inclusive one.”

Culled from http://www.thisdaylive.com/articles/onasanya-arase-win-award/227151/

 

Ibukun Awosika, Dakore Akande, Chef Fregs attend First Bank food fair [Day 2]

 

It was indeed a fiesta of flavours at the First Bank fiesta of flavours in the sense that the field was field with different tents that had different edible stuff, as long as it goes int the mouth, trust is the word on this, everything was present.

Also, celebrities like Dakore Akande was present as a mother as she took her kids round, Chef Fregs, Mrs Ibukun Awosika  founder and CEO of The Chair Centre Group and other individuals were present.

FirstBank is supporting the entirety of the agriculture value chain, from food production to transportation, retailing and consumption.
Food is the new oil, providing jobs, increasing self and community reliance and fostering economic growth. As the bank of millions of Nigerians, FirstBank aims to be the driving force and partner of first choice in facilitating this growth and building the future of the nation.


Culled from http://pulse.ng/events/fiesta-of-flavours-ibukun-awosika-dakore-akande-chef-fregs-attend-first-bank-food-fair-day-2-id4431229.html

 


03-December-2015

FirstBank supports Nigeria Mobile Economic Summit and Exhibition 2015

First Bank of Nigeria Limited has partnered Transatlantic Media Company Limited, a media consultancy and training company to host the maiden edition of the Nigeria Mobile Economic Summit and Exhibition (NiMES) 2015. Themed “Mobile Innovations, Enterprise and Opportunities”, the event is scheduled to hold on Friday, December 4th, 2015 at the Muson Centre, Onikan Lagos beginning from 10am.

The summit will provide players from across the mobile ecosystem and ancillary industries, a veritable platform to discuss the unprecedented opportunities that mobile provides to improve and enhance social and economic development in Nigeria.  NiMES 2015 will attract senior executives from leading mobile companies and players throughout the digital ecosystem who will address the most pressing trends and issues in mobile services platform through a series of presentations, discussions and interactive panel sessions.

Culled from http://worldstagegroup.com/index.php?active=news&newscid=26333&catid=37

 

FirstBank’s Targeted Approach to Agric Financing

With a focus on developing the agricultural sector, Raheem Akingbolu describes FirstBank’s current business and corporate social responsibility approach as a path to economic diversification.


In what looks like a helping hand towards lifting the government’s diversification plan, Firstbank has begun a move to develop various arms of Agricultural practice in Nigeria. Under its current Agricultural financing, the bank is trying to develop and boost production in the Agric sector.
Some of the offerings are designed to enable the bank’s valued farming customers to key into government incentive schemes such as the Commercial Agric Credit Scheme, the Agric Credit Guarantee Scheme, and others. To this end, it has rolled out other products offerings like the Industrial End-User Out grower’s Scheme, Guaranteed Fund Credit, and Agricultural Produce Finance to touch the lives of farmers among the banking public.

Culled from http://www.thisdaylive.com/articles/firstbank-s-targeted-approach-to-agric-financing/226933/

 


01-December-2015

Firstbank Empowers 8000 Corpers In Lagos, Abuja & Port Harcourt (Photos)

In line with FirstBank’s commitment on to capacity building of the Nigerian Youths, FirstBank in collaboration with Bestman GamesLimited and Smile communications empowered over 8000+ Youth Corp members in career and entrepreneurship skills at the Lagos, Abuja & Port- Harcourt orientation camps.

It was a time of learning, fun and excitement as corpsmembers learnt edhow to write business plans, create a sales picthpitch and many and more.important activities for upcoming entrepreneurs.

There were several competitions held which saw several platoons members carting went away with cash prizes, City of Lagos monopoly boards and more.

 

Culled from http://www.naijaloaded.com.ng/2015/11/30/firstbank-empowers-8000-corpers-in-lagos-abuja-port-harcourt-photos/

 

 


25-November-2015

FirstBank backs SMEs

The statement said, “The SME sector is replete with various industries and business models; First Bank’s package provides the right mix of products and services with professional staff designated to work with the business owner to provide flexible and dependable services, helping SMEs achieve consistent growth and success in every area of business.”

The Head, Marketing and Communications, First Bank, Mrs. Folake Ani-Mumuney, was quoted as saying, “We are determined to partner with businesses and pass on our own expertise and knowledge to small businesses across several sectors in Nigeria.

“Our experience in business spans several industries and segments. We understand the position most of our SMEs are in because we used to be in their situation and can provide valuable solutions for their business needs. We care about the path to success for our customers; we have walked this path and have developed solutions to ensure that the road to success is as stable as can be for our customers.”

Culled from http://punchng.com/first-bank-backs-smes/


18-November-2015

FIRSTBANK UNVEILS OFFERINGS FOR SMEs

FirstBank of Nigeria Limited has unveiled a new SME campaign, which it said was specially designed to help SMEs grow their business with diverse product and service offerings.

The bank, in a statement, explained that with a heritage of over 120 years of banking experience, it understands the business journey for SMEs, even as it said it was passionate about supporting them to ensure continuous business growth.
“Over the years, FirstBank has displayed an unwavering commitment to the business success of SMEs in Nigeria with its cocktail of products and bespoke solutions, specifically designed to help grow and sustain SMEs.

“Given that SMEs are pivotal to national development, FirstBank is committed to ensure sustained business growth as well as provide the necessary services to grow businesses and Nigeria’s economy at large. The SME sector is replete with various industries and business models; FirstBank’s package provides the right mix of products and services with professional staff designated to work with the business owner to provide flexible and dependable services, helping SMEs achieve consistent growth and success in every area of business,” it explained...

Culled from http://www.thisdaylive.com/articles/firstbank-unveils-offerings-for-smes/225929/


26-October-2015

FirstBank Attains ISO10002 Certification on Complaint Management

First Bank of Nigeria Limited said it recently achieved an international certification on Complaints Management.

The bank stated that it achieved the certification due to its drive to improve its management controls and processes that deal with handling customers’ complaints effectively and efficiently.

The certification, according to a statement, confirmed the bank’s operational efficiency in identifying trends and the underlying root of complaints, as well as prompt resolution of complaints.

“With the ISO 10002 certification, FirstBank has again become the first institution in Nigeria,  to obtain an internationally recognised certification for complaints handling, benchmarked against global best practice. The certification was achieved after successfully deploying the service management module of the Customer Relationship Management tool to assist with effective collation, tracking, notification and storage of customer complaints bank wide and a rigorous audit conducted by the British Standard Institute (BSI),” the statement added...

Culled from http://www.thisdaylive.com/articles/firstbank-attains-iso10002-certification-on-complaint-management/223749/


23-October-2015

FirstBank promotes visual arts through First@arts platform

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and a prime promoter of the creative arts industry in Nigeria is supporting the visual arts festival in Enugu tagged “Life in my City”. The Bank is supporting this event under the auspices of the First@arts initiative which is driven by the quest to promote the arts and preserve cultural heritage.

“Life in My City” is a visual arts festival targeted at young Nigerian artists below the age of 35 and will provide opportunities for participants to make significant statements about their environment through art exhibitions. This festival has created another opportunity to support Nigerian youth and encourage the growth and developments of natural talents in Nigeria. FirstBank is supporting this event to build capacity, enhance wealth creation for the youth as well as enable Nigerians to compete favourably at the international art market...

Culled from http://naija247news.com/2015/10/firstbank-promotes-visual-arts-through-firstarts-platform/


15-October-2015

FirstBank deepens African penetration: Unveils FBNBank Gambia

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and Nigeria’s most valuable bank brand has expanded its foot print across Africa with the launch of FBNBank Gambia, formerly registered as International Commercial Bank (ICB). This unveiling comes following the agreement reached by FirstBank and International Commercial Bank Financial Group Holdings Ag (ICBFGH) for the acquisition of a 100% equity interest in ICB Gambia.

The unveiling  further consolidates FirstBank’s position as the largest corporate and retail banking financial institution in sub-Saharan Africa with presence in Ghana, Guinea, Sierra Leone and Senegal as well as presence in the UK and Representative Offices in Johannesburg, Abu Dhabi and Beijing. The expansion represents FirstBank’s strategic objective to maintain significant market share, expand its pan-African footprint and diversify earnings while delivering value to shareholders. 

FBNBank Gambia is strategically positioned to foster greater collaboration and provide better service for the country’s public and private sector clients, and the general public at large. The Bank leverages FirstBank’s international network, business expertise, which is part of the diversified synergies of the FBN Group to offer innovative, convenient and secure banking services to its customers and better seize the emerging opportunities in the local market...

Culled from http://worldstagegroup.com/index.php?active=news&newscid=25230&catid=25


14-October-2015

Economic summit opens in Abuja today

The 21st Nigerian Economic Summit (NES) opens in Abuja today. The FirstBank of Nigeria Plc in partnering The Nigerian Economic Summit Group (NESG) to host the event

Titled: “Tough choices: Achieving competitiveness, inclusive growth and sustainability”, the event will highlight the role of public-private sector dialogue in national transformation.

It is being organised to drive “consciousness and build national consensus on what is urgently required to rebuild, revamp and reinforce public-private collaboration for an all-inclusive economic growth”.

It will be a platform to drive stakeholders’deliberation on tough choices required to achieve sustainable competitive and inclusive growth for national economic development in line with the United Nations Sustainable Development Goals (SDGs) which take effect from January, next year.

Key issues to be discussed include: how to create jobs, approaches to achieving peace and security, dismantling the pillars of corruption, strengthening institutions and the attainment of sustainable macro-economic stability and inclusive growth, among other reforms...

Culled from http://thenationonlineng.net/economic-summit-opens-in-abuja-today/


13-October-2015

FirstBank partners NESG to dialogue on sustainability

First Bank of Nigeria Limited has partnered the Nigerian Economic Summit Group (NESG) to host the 21st Nigerian Economic Summit with the theme: ‘Tough Choices: Achieving competitiveness, inclusive growth and sustainability.’ This summit, scheduled to hold in Abuja from October 13 – 15, will highlight the significant role of public-private sector dialogue in national transformation….

This content is for Premium Yearly Subscription, Basic Yearly Subscription, Basic Monthly Subscription , Premium Monthly Subscription, Premium Plus Monthly Subscription and Premium Plus Yearly Subscription members only...

Culled from http://businessdayonline.com/2015/10/firstbank-partners-nesg-to-dialogue-on-sustainability/

Forte Oil unveils ‘FO advantage Card’

the theme of this year’s customer service week, we are celebrating “our everyday heroes” by giving them a product that is convenient and secured.

Permit me to say that “we are in business because of our customers and our service mantra is to always meet and surpass their expectations at all times”.

Akinfemiwa said the card qualifi es the holder for a reward as he or she make fuel and lubricant purchases at all designated Forte Oil service stations.

He also said it is convenience as the holder has no need to carry cash around adding that the card is secure and it helps to manage and control costs as well as plan fuel expenditure.

“At FO, we treasure our customers’ patronage and our aspiration is to always offer excellent services at all times and it is in pursuit of providing customer-centric service to our discerning customers, that we came up with the initiative to introduce a loyalty prepaid card, designed to reward the patronage of our customers.

In partnership with our valuable partners – First Bank of Nigeria Plc and Inter switch; the “FO Advantage Card” will be issued as part of our nationwide Customer Loyalty and Reward Program’ Akinfemiwa added...

Culled from http://nationalmirroronline.net/new/forte-oil-unveils-fo-advantage-card/


12-October-2015

FirstBank partners Sebeccly Cancer Centre for Lagos Pink Campaign

First Bank of Nigeria Limited as part of its Corporate Responsibility interventions has partnered with Sebeccly Cancer Care and Support Centre to create awareness about cancer, initiate action amongst women to get screened and provide access to quality cancer care.

FirstBank is supporting the Centre’s Light Lagos Pink Campaign, an annual statewide fundraising campaign to promote breast cancer awareness and raise funds to support breast cancer treatment.

This year’s campaign is taking place on October 10, 2015 at the Teslim Balogun Stadium, Lagos. The Light Lagos Pink campaign is the biggest breast cancer event in Nigeria, with a reach of over one million people.

It is anticipated to be the biggest breast cancer awareness event, which will feature over 12,000 people (men and women) wearing pink to form the largest human awareness ribbon.
This is expected to break the current Guinness world record that stands at 6,847 people.

FirstBank staff volunteers have signed up to be part of this event as part of the Bank’s Employee Volunteer Scheme, which allows staff to participate in social responsibility projects.
At FirstBank, Corporate Social Responsibility is an integral element of its corporate culture and the EVS helps to alleviate community development challenges, address pressing social issues and connect the FirstBank Family with the community...

Culled from http://theeagleonline.com.ng/firstbank-partners-sebeccly-cancer-centre-for-lagos-pink-campaign/

FirstBank MD designate commends Forte Oil’s support to Cash-Lite policy

Adesola Adeduntan, the Group Managing Director-Designate of First Bank Holdings Plc, on Friday commended the efforts of Forte Oil Plc in supporting the Cash-Lite policy of the Central Bank of Nigeria. Adeduntan gave the commendation at the launch of FO Advantage card by Forte Oil Plc in Lagos. He said the initiative was a welcome idea, which needed to be emulated by other organisations, given its popularity among Nigerians.

The Managing Director of Forte Oil, Akin Akinfenwa, said the verve card was a home-grown initiative of Forte Oil, First Bank Holdings Plc and Interswitch Limited. Akinfenwa said the verve card, which was designed to be used in all Forte Oil’s retail outlets, could also be used on any electronic payment channels nationwide.

He added that the card, which was designed to reward loyal customers at all Forte Oil’s filling stations, would continue to offer value propositions to customers. He said: “The card is a smart-fuel card, which qualifies as a better alternative to cash transactions and provides a secure mode of payment. “The FO Advantage card can also be used anywhere the verve card is accepted. “Today’s launch of the FO Advantage card is significant to us and just like the theme of this year’s customer service week, we are celebrating ‘our everyday heroes’ by giving them a product that is convenient and secured...

Culled from http://theeagleonline.com.ng/firstbank-md-designate-commends-forte-oils-support-to-cash-lite-policy/


07-October-2015

FirstBank targets women entrepreneurs for sustainable capacity building

Consistent with its thought leadership philosophy and commitment to drive sustainable capacity building, First Bank of Nigeria Limited focuses on women entrepreneurs for sustainable capacity building and value creation as it hosted its last edition of the Sustainability Workshop for 2015. The workshop has empowered women in various businesses to gain the requisite knowledge that…

This content is for Premium Yearly Subscription, Basic Yearly Subscription, Basic Monthly Subscription , Premium Monthly Subscription, Premium Plus Monthly Subscription and Premium Plus Yearly Subscription members only...

Culled from http://businessdayonline.com/2015/10/firstbank-targets-women-entrepreneurs-for-sustainable-capacity-building/

First Bank tasks SMEs on cost management

First Bank of Nigeria Limited has tasked operators of Small and Medium Enterprises (SMEs) on the imperative of efficient cost management for business sustainability. Chairman-designate, First Bank of Nigeria Limited, Mrs. Ibukun Awosika, who gave the charge at the SME Workshop for Women owners of SMEs in Nigeria held at the First Bank Sustainability Centre, Lagos, said that efficient cost management were processes that every SMEs owner should imbibe to guarantee growth and sustainability businesses.

Awosika noted that the workshop was sponsored by First Bank to promote empowerment, entrepreneurship and financial inclusion among women. According to her, sustainability is a business approach that creates long term shareholder value by embracing opportunities and managing risks deriving from economic, environmental and social development...

Culled from http://newtelegraphonline.com/first-bank-tasks-smes-on-cost-management/


29-September-2015

Onasanya, others stress importance of training

The Group Managing Director/Chief Executive Officer, First Bank of Nigeria Limited, Mr. Bisi Onasanya, and other stakeholders have stressed the need for re-training and revamping of the education sector to curb the problem of youth unemployment.

The stakeholders stated this on Tuesday in Lagos at the First Bank African CEO Business Roundtable, which focused on ‘Youth, skills training and unemployment in a changing economy’.

Onasanya said in his address that a central challenge that must be met “if our current democratic experiment is to succeed is the one where private sector participants contribute to the elaboration of solutions to problems across sectors.”

Culled from http://www.punchng.com/business/money/onasanya-others-stress-importance-of-training/

First Bank urges CBN to relax stringent risk assessment for SMEs

The Group Managing Director of First Bank Plc, Mr Stephen Onasanya has called on the Central Bank of Nigeria (CBN) to unlock lending to the Small and Medium Enterprises (SMEs) by increasing the tolerance level for non-performing to the sector from the current 5 per cent

 Mr Onasanya made the call in Lagos yesterday at the CEO Roundtable on Sustainability where he gave a general remark to business leaders and representatives from education, trade, industry and agencies of government.

The outgoing First Bank GMD said Nigerian banks should be encouraged to play their developmental role in the economy.

 But for banks to play that role very well, he advised, they must redefine their tolerance limit for credit risk assessment and non-performing loans to the SME segment of the market

The current non-performing loan (NPL) ratio for the MSME sector is put at five per cent by the Central Bank of Nigeria...

Culled from http://www.dailytrust.com.ng/news/business/first-bank-urges-cbn-to-relax-stringent-risk-assessment-for-smes/113005.html


28-September-2015

FirstBank unveils Life is a Movie campaign

First Bank of Nigeria Limited is offering its customers and consumers a unique opportunity to participate in a onetime blockbuster titled: Life is a Movie featuring ‘Customers’ Firsts’.

In a statement, the bank said it is again living up to its brand promise to put customers first, through a series of consumer experience, exploring the concept of ‘First’ from a customer’s perspective.

“Moments in our lives play out like scenes from a movie which could fit into the genres of romance, adventure, comedy and definitely drama. Whatever this moment is, FirstBank is requesting you to share this moment with us  so we can begin to see the world from our customers’ point of view,” it said.

With the ‘Life is a Movie Campaign’, the bank is requesting its customers to share experiences and moments of their ‘First’ activities of interests, such as your first bike ride, first plane ride and other first adventure periods of your lives...

Culled from http://thenationonlineng.net/firstbank-unveils-life-is-a-movie-campaign/


23-September-2015

Onasanya, FirstBank’s GMD headlines Africa CEO Roundtable on Sustainability

Consistent with FirstBank’s thought leadership philosophy and commitment to drive sustainable capacity building, the Bank’s GMD/CEO, Bisi Onasanya will be participating in the C-suite forum on” Leading by Empowering: Youth, Skills Training and Unemployment in a Changing Economy.” at the Africa CEO Roundtable. Hosted by the Bank through the FirstBank Sustainability Centre, the forum is scheduled to hold at Oriental Hotel, Lagos on September 29, 2015 from 9.00am...

Culled from http://worldstagegroup.com/index.php?active=news&newscid=24735&catid=37

First Bank renews focus on entrepreneurship

First Bank of Nigeria Limited says it is set to support educational institutions to enhance preparations for a new school year.

The bank, in a statement, described its support for the educational development of the child and the institution as an offshoot of its focus on entrepreneurship.

It said it had bundled its educational product offerings into four major facilities: the FirstEdu loan, operational vehicle loan, commercial mortgage and personal loan against salary, which enhances parents/guardians’ capacity to pay their wards’ school fees...

Culled from http://www.punchng.com/business/money/first-bank-renews-focus-on-entrepreneurship/


16-September-2015

FBN Holdings Appoints New Leadership Team

FBN Holdings Plc, the leading and most diversified financial services group in Nigeria, has announced major changes to its leadership team, effective January 1, 2016. Mr. Bello Maccido, pioneer Group CEO, FBN Holdings, is leaving his position to become pioneer Chairman of the newly-licenced FBN Merchant Bank Limited, while Mr. UK Eke (MFR), currently Executive Director, South, First Bank of Nigeria Limited replaces him as Group Managing Director-designate, FBN Holdings Plc, the financial institution said in a statement.

Culled from http://dailyindependentnig.com/2015/09/fbn-holdings-appoints-new-leadership-team/

FirstBank Unveils Integrated Mobile Banking App: FirstMobile

In line with its commitment to offer value-added products and services that suit the lifestyles of its customers, Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has unveiled its integrated lifestyle mobile banking app, FirstMobile. The mobile banking app which is easy to use is another secure platform that allows customers to execute banking transactions and access lifestyle news content on the go from their mobile phones.  It is currently the only mobile banking app that the customer can download on their mobile phone, activate and transact on without having to visit a bank branch...

Culled from http://dailytimes.com.ng/firstbank-unveils-integrated-mobile-banking-app-firstmobile/


14-September-2015

Ibukun Awosika ups the ante

There is no developmental tool more effective than empowering women. Nigeria is at par with this maxim and has been appreciating the dynamism of women in various professions. First Bank of Nigeria has appointed its first female Chairman. Ibukun Awosika’s appointment came up with the retirement of the former chairman, Prince Ajibola Afonja.

She is also the Chairman, Board of Trustees of Women in Management and Business (WIMBIZ) as well as the Chairman of Intermac, the organisers of Smart Card Conference in Nigeria. Awosika holds a B.sc in Chemistry from the University of Ife (now Obafemi Awolowo University), an MBA from IESE Business School, Barcelona, Spain and she is also an alumnus of the Lagos Business School Chief Executive Programme.

She is the founder and Chief Executive Officer of the Chair Centre, Sokoa Chair Centre Limited and TCC Security Systems, which are manufacturers and marketers of office furniture, office seats and banking security systems in Nigeria and West Africa.

Culled from http://thenationonlineng.net/ibukun-awosika-ups-the-ante/

FirstBank unveils integrated mobile banking app – FirstMobile

In line with its commitment to offer value-added products and services that suit the lifestyles of its customers, Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has unveiled its integrated lifestyle mobile banking app, FirstMobile. The mobile banking app which is easy to use is another secure platform that allows customers to execute banking transactions and access lifestyle news content on the go from their mobile phones. It is currently the only mobile banking app that the customer can download on their mobile phone, activate and transact on without having to visit a bank branch.

With the smartphone app, customers can enjoy real-time mobile banking services such as domestic funds transfer from self-owned accounts to other FirstBank accounts and other bank accounts; as well as make quick airtime purchase for self and others on all mobile networks; bills payments; cheque services including confirm cheque and stop cheque, flight booking; and quick account services such as account balance inquiry, statement view and much more.

Culled from http://dailypost.ng/2015/09/12/firstbank-unveils-integrated-mobile-banking-app-firstmobile/


09-September-2015

FBN HOLDINGS: MACCIDO BECOMES PIONEER CHAIRMAN OF FBN MERCHANT BANK

FBN Holdings Holdings’ Pioneer Group Chief Executive, Mr Bello Maccido will be leaving his position to become the Pioneer Chairman of the newly-licensed FBN Merchant Bank.

The major leadership change in the board of FBN Holdings Group was made known in a statement made available to the Nigerian Stock Exchange.

First Bank’s current Executive Director, South Region, Mr U.K Eke is expected to step in as the Group Managing Director-Designate of FBN Holdings.

While the bank’s current Chairman, Mr Ajibola Afonja retires from his position, Mrs Ibukun Awosika becomes the incoming Chairman of the bank.

Also in the banking division, the Chief Financial Officer, Dr Adesola Adeduntan emerges as the Managing Director-Designate. He takes over from the current Group Managing Director, Mr Bisi Onasanya, while Mr Gbenga Shobo,  the Executive Director Lagos & West deputises for him.

According to the statement, all appointments take effect from January 1, 2016.

Culled from http://www.channelstv.com/2015/09/08/fbn-holdings-maccido-becomes-pioneer-chairman-of-fbn-merchant-bank/

FIRSTBANK NIGERIA APPOINTS NEW MANAGEMENT TEAM

First Bank Nigeria Holdings Plc on Monday announced that its pioneer Group Chief Executive Office, Bello Maccido, would be stepping down from office.

In his place, the current Executive Director, South, First Bank of Nigeria Limited, U.K Eke, would step in as Group Managing Director-designate, FBN Holdings Plc.

The bank said Mr. Maccido has been named the pioneer Chairman of the newly-licensed FBN Merchant Bank Limited as part of major management changes announced in the leadership team, effective January 1, 2016.

Under the new arrangement, Ibukun Awosika would take over as the new Chairman of the First Bank of Nigeria Ltd following the retirement of Ajibola Afonja from the bank.

The retirement by the Group Managing Director/CEO of the Bank, Bisi Onasanya, announced recently, was ratified by the Board of Directors, subject to all necessary regulatory approvals.

Global Head, Marketing & Corporate Communications of the bank, Folake Ani-Mumuney, said Gbenga Shobo, the current Executive Director, Lagos & West, was named the Deputy Managing Director-designate in the new management.

Mr. Maccido is coming to office as Chairman of the Board of FBN Merchant Bank Ltd. with a wealth of experience spanning over 30 years post call to Bar experience as Retail, Corporate and Investment banker.

Mr. Eke, the incoming GMD-designate of the holding company, has over 30 years post experience in financial services, auditing, consulting, taxation, process engineering and capital market operations.

The Managing Director-designate, Mr. Adeduntan, has garnered diverse expertise in treasury and financial management, risk management, accounting, corporate governance and strategy development, advisory and compliance.

The new DMD-designate, Mr. Shobo, has a banking career spanning over 25 years with experience in corporate banking, institutional banking, commercial banking, retail banking and treasury.

Group Chairman, FBN Holdings, Oba Otudeko, said in taking the decision on the management changes, the bank was mindful of the imperatives for a more efficient group structure that would benefit the Group’s need to deploy systems which deepen efficiency while expanding revenue and returns on investment.

“We are confident that we have made the right choices in these appointees. In selecting our MD and DMD we were particularly mindful to identify outstanding and top notch professionals with complementary and mutually reinforcing skill set,” he said.

He said the appointments were a testament to the strength of the bank’s succession planning mechanisms and the calibre of candidates it produces.

Culled from http://www.premiumtimesng.com/business/189686-first-bank-nigeria-appoints-new-management-team.html

GENDER NOT BARRIER TO SUCCESS, SAYS AWOSIKA

The newly appointed Chairman of First Bank of Nigeria Limited, Mrs. Ibukun Abiodun Awosika, has urged Nigerians not to see gender as a barrier to success.

Awosika, who emerged as the first woman to be at the helms of the affairs of the bank, made this statement on her Facebook page, in response to a comment from a well-wisher on Tuesday.

Reacting to the well-wisher, who described her appointment as an indication that feminists were rising to the top, she wrote, “I am a woman who believes in doing the best always. Gender is not the issue.”

Earlier, Awosika had also indicated in another statement posted on her Twitter page that a bright future awaited the country as she prepared to step into her new role.

She then invited Nigerians to join in the march to progress, saying, “Be a part of the great things that God will do with First Bank of Nigeria.”

Several reactions have greeted Awosika’s emergence as the first female chairman of the bank on social media, with many describing her appointment as well-deserved.

The wife of Pastor Sam Adeyemi of Daystar Church, Nike, was one of the first people to take to Twitter to congratulate her.

“Congrats@IbukunAwosika, first female chairman of the board at FBN. More grace from God to serve, Adeyemi had tweeted.

Also commenting on the development on Twitter, one Aisha Yesufu addressed Awosika, “You dared to dream. You dared to achieve. You are daring others to dare.”

Until her appointment, Awosika was a non-executive member of the board of First Bank of Nigeria.

She holds a first degree in Chemistry from the Obafemi Awolowo University, Ile-Ife, Osun State and an MBA from IESE Business School, Barcelona, Spain.

Also, she is an alumnus of the Lagos Business School Chief Executive Programme.

She is the Founder and Chief Executive Officer of the Chair Centre, Sokoa Chair Centre Limited and TCC Security Systems, manufacturers and marketers of office furniture, office seating and Banking Security Systems in Nigeria and West Africa; and a fellow of the Aspen Global Leadership Network.

Awosika is also a multiple award-winning entrepreneur; the Promoter and Investor of Furniture Manufacturers Mart that provides furniture processing service for various categories of furniture manufacturers.

Apart from sitting on the boards of a number of companies, including Cadbury Nigeria Plc, Women in Management and Business, she has founded and currently supports many non-profit institutions, whuile serving as a pastor at the Fountain of Life Church and hosting a popular TV programme titled, Business His Way.

Awosika is also the Chairperson and promoter of After School Graduate Development Centre, a social enterprise set up to address Employability and Enterprise development amongst young Nigerians.

She played a key role in the establishment of SCC ALGON, which provides a metal-based component for the furniture manufacturing and related industries, and The Furniture Village Cluster – a joint venture with the Ogun State Government – aimed at providing infrastructure, skills and support to a cluster of SME firms with similar raw material requirements.

Reputed for her inspiring teaching on entrepreneurship, she has been described as a role model of success, a blessing and source of inspiration to many Nigerians who has made her country proud.

Culled from http://www.punchng.com/news/gender-not-barrier-to-success-says-awosika/

So Inspiring! Ibukun Awosika Becomes First Female Chairman of First Bank

It’s so awesome to see enterprising Nigerian women achieve great feats in their various fields of endeavor.

Ibukun Awosika was yesterday appointed at the Chairman of First Bank, making her the first female to occupy the position.

Culled from http://www.bellanaija.com/2015/09/08/so-inspiring-ibukun-awosika-becomes-first-female-chairman-of-first-bank/

First Bank appoints Adeduntan to succeed Onasanya

FBN Holdings Plc on Monday announced major changes in its leadership team, effective January 1 2016. Adesola Adeduntan, the current Executive Director/CFO emerged Managing Director-designate, First Bank of Nigeria Ltd will replace Bisi Onasanya.

Culled from http://www.dailytrust.com.ng/news/business/first-bank-appoints-adeduntan-to-succeed-onasanya/109887.html


08-September-2015

FBN Holdings Announces New Leadership Team

FBN Holdings (FBNH) Plc monday announced major changes to its leadership team, effective January 1, 2016.

In a statement monday, the holding company said the pioneer Group CEO, FBN Holdings, Mr. Bello Maccido, would step down to become the pioneer Chairman of the newly-licensed FBN Merchant Bank Limited, while the current Executive Director, South, First Bank of Nigeria (FirstBank) Limited, Mr. U.K Eke, would replace him as Group Managing Director-designate, FBN Holdings Plc.

Other changes will see the current Chairman of FirstBank, Prince Ajibola Afonja, retire and Mrs. Ibukun Awosika takes over as the new Chairman of the bank.

FBNH added that following a rigorous selection process driven by the board and supported by Heidrick & Struggle, the internationally renowned executive search firm, the current Executive Director/CFO, Dr. Adesola Adeduntan, emerged Managing Director-designate of FirstBank, while the current Executive Director, Lagos & West, Mr. Gbenga Shobo, emerged Deputy Managing Director-designate.

Prior to yesterday’s announcement, the post of Deputy MD did not exist in the bank.

The appointments came on the heels of the FBNH’s earlier notice of Mr. Bisi Onasanya’s retirement as GMD/CEO of the bank.

The holding company added that the decisions had been ratified by the board of directors, subject to all necessary regulatory approvals, and would take effect from January 1, 2016.

FBNH said: “As pioneer Group CEO of the FBN Holdings Group in very critical times, Maccido birthed the process to establish the multi-faceted group to comply with diverse regulatory requirements, navigating through uncharted territory.

“He will undoubtedly bring his wealth of experience, spanning over 30 years post call to the Bar experience as an accomplished retail, corporate and investment banker, to bear in his new role chairing the board of the emergent FBN Merchant Bank Limited.”\

The incoming GMD-designate of the holding company, Eke, has over 30 years post experience in financial services, auditing, consulting, taxation, process engineering and capital market operations.

“Dr. Adeduntan, the Managing Director-designate, has garnered diverse expertise in treasury and financial management, risk management, accounting, corporate governance and strategy development, advisory and compliance.

“The new DMD-designate, Mr. Shobo, has a banking career spanning over 25 years with experience in corporate banking, institutional banking, commercial banking, retail banking and treasury,” the statement said.

Speaking on the appointments, the group Chairman, FBNH, Mr. Oba Otudeko, said: “Following an exhaustive and competitive process, we are proud to announce these appointments. In reaching these decisions, we were mindful of the imperatives for a more efficient group structure that will benefit the group’s need to deploy systems which deepen efficiency while expanding revenue and returns on investment.

“We are confident that we have made the right choices in these appointees. In selecting our MD and DMD of FirstBank, we were particularly mindful to identify outstanding and topnotch professionals with complementary and mutually reinforcing skills set.

“These appointments are a testament to the strength of our succession planning mechanism and the calibre of candidates it produces. It also re-articulates our commitment to put our customers first with the confidence in the value that this new leadership team brings to bear on behalf of the group, customers and employees, even as we strive to return greater value to shareholders.”

Reacting to the announcement, a market analyst said the new appointments made by the holding company were a step in the right direction.

The analyst, who preferred not to be named, said FirstBank, which accounts for up to 90 per cent of the group’s earnings, was still a market leader and remains one of Nigeria’s largest banks, but has been hobbled in recent years by its high cost structure.

“The MD-designate, Adeduntan, has only been with the bank for about a year. But he got there purely on merit and is a well-known cost manager. So the market will be looking up to him to drive revenue and cut costs at FirstBank to increase profitability.

“The operating environment is quite challenging right now, so FirstBank and the holding company needed a breath of fresh air with a new dynamic team to take them to the next level and take back its pole position in the banking sector,” he said.

Culled from http://www.thisdaylive.com/articles/fbn-holdings-announces-new-leadership-team/219678/


02-September-2015

GTB, Zenith, FirstBank Emerge Top Users Of Internet Media

Guaranty Trust Bank (GTBank), Zenith Bank and First Bank have led the pack of top ten banks utilizing the Internet, according to results of Terragon Group Digital Insights on the Nigerian banking industry study released yesterday in Lagos...

Culled from http://leadership.ng/news/457895/gtb-zenith-firstbank-emerge-top-users-of-internet-media


31-August-2015

FirstBank supports United Nations International Youth Day 2015

As part of the initiatives to promote youth empowerment and enterprise, First Bank of Nigeria Limited, Nigeria’s most valuable banking brand, has thrown its weight behind the United Nations International Youth Day 2015...

Culled from The Eagle Online

Firstmonie partners MMIT to facilitate international payments in Nigeria

Firstmonie, the mobile money platform of First Bank of Nigeria Limited, has partnered with Mobile Media Info Tech Global Limited (MMIT) to commence a new mobile wallet capability that allows..

Culled from Hallmark


28-August-2015

FirstBank boosts savings culture among teenagers with ‘MeFirst’ prepaid cards

First Bank of Nigeria Limited, Nigeria’s most valuable banking brand has opened a window of money management opportunities to encourage Nigerian teenagers to develop a healthy savings culture while building prudent expenditures and investment profiles...

Culled from: The Citizen Ng


27-August-2015

First Bank pledges support for Alao’s family

Some members of Management of First Bank of Nigeria Plc have paid a condolence visit to the head office of New Telegraph Newspapers in Lagos over the death of its Brand and Industry Editor, Mr. Dele Alao...Read more

Culled from New Telegraph


20-August-2015

First Bank urges SMEs to extend sustainability to value chain

First Bank of Nigeria Limited has advised Small and Medium Enterprises (MSEs) to extend sustainability principles to their value chain to enhance performance...Read more

Culled from Business Day


13-August-2015

FirstBank, LBS train SME operators on running lasting businesses

FirstBank of Nigeria, through its Sustainability Centre, in partnesship with the Lagos Business School (LBS), has trained over 20 Small and Medium scale Enterprises (SMEs) practitioners in Nigeria...Read more

Culled from Nigerian Tribune


11-August-2015

First Bank to enlighten SMEs on sustainable practices

First Bank of Nigeria Limited, through its sustainability centre, First Bank Sustainability Centre, has partnered with Lagos Business School to host a sustainability workshop for Small and Medium Enterprises in Nigeria...Read more

Culled from Punch


06-August-2015

FirstBank, Lork Enterprise to promote arts, culture

FirstBank of Nigeria and Lork Enterprise LLP are partnering to support creative arts to boost the tourism industry and the economy...Read more

Culled from The Nation


05-August-2015

FirstBank sponsors CFC UNILAG Academic Summit 2015

Nigeria’s most valuable bank brand, First Bank of Nigeria, Limited has again demonstrated its support for sustainable youth empowerment by sponsoring the 6th edition of the CFC UNILAG Academic Summit 6.0...Read more

Culled from The Eagle Online


04-August-2015

FirstBank sponsors SME radio programme

FIRST Bank of Nigeria Limited has commenced the sponsorship of an SME Radio programme, The Economy & You!!!Read more

Culled from Nigerian Pilot

Overcoming challenges of next phase in retail banking

The nation’s banks are operating in a very competitive space at the moment. The convenience of a bank’s services has become one of the keys to its success...Read more

Culled from The Guardian


28-July-2015

FirstBank unveils Loop app for customers’ delight

Nigeria’s leading lender, FirstBank, said as part of its ongoing commitment to support its customers’ goals, it has introduce Loop, a lifestyle application (app) that delivers premium content from across the world right to its customers’ mobile phones...Read more

Culled from The Nation


27-July-2015

First Bank partners Freedom Park to boost creative industry

First Bank of Nigeria Limited, a subsidiary of FHN Holdings PLC and one of Nigeria’s valuable bank brand has again demonstrated its commitment towards the promotion of the creative arts through its initiative First@arts...Read more

Culled from Business Day


23-July-2015

FBNH Records 28% Growth in Gross Earnings

FBN Holdings Plc. (“FBNH” “FBN Holdings” or the “Group”) today announces its unaudited results for the six months ended 30 June 2015...Read more

Culled from Proshare


08-July-2015

FirstBank offers to partner Ebonyi for economic growth

WorldStage Newsonline-- First Bank of Nigeria has expressed express readiness to partner with the government of Ebonyi State to attract investors for the harnessing of the abundant natural resources that abound in the state and improve on internally generated revenue (IGR)...Read more

Culled from WorldStage


07-July-2015

FirstBank To Host Dialogue On Retail Banking In West Africa, Partners Asian Banker

Nigeria’s most valuable Banking Brand, First Bank of Nigeria Limited, has partnered with the Asian Banker Magazine to host the West Africa International Retail Banking Dialogue 2015...Read more

Culled from Daily Times


29-June-2015

First Bank CEO calls on Nigeria to end FX trading restrictions and devalue Naira

Nigeria needs to let the naira devalue as foreign-exchange trading restrictions used to keep the currency stable are starting to harm growth in Africa’s largest economy, said the head of the country’s biggest lender by assets...Read more

Culled from African Business Central


25-June-2015

120 trees planted to celebrate 120 years of First Bank

Students of the Lagos State Civil Service Model College, Ikorodu, on Tuesday planted 120 trees to promote the health of the environment and significantly celebrate the 120 years existence of First Bank Plc...Read more

Culled from The Cable


23-June-2015

FirstBank Partners NCF to Promote a Sustainable Environment

As part of its approach to promoting sustainability and minimising direct and indirect impacts on the environment, FirstBank is partnering with the Nigerian Conservation Foundation (NCF) to create awareness of the need to preserve wild life and biodiversity among school children in Nigeria...Read more

Culled from ThisDay

FirstBank Wins GlobalCCU Silver Award for Business Impact

First Bank of Nigeria Limited, Nigeria’s most valuable bank brand has clinched the Silver Award for Best Impact by Corporate University on Implementation of Business Strategies of the Organisation in the Global Council for Corporate Universities (GlobalCCU) Awards 2015...Read more

Culled from The Herald


22-June-2015

Nigeria: Firstbank Increases African Presence, Unveils Fbnbank Guinea

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc has unveiled FBNBank Guinea, formerly registered as International Commercial Bank (ICB), Guinea...Read more

Culled from All Africa


18-June-2015

FirstBank promotes financial inclusion through product design for teenagers, children

During the global money week most financial institutions took their turn to adopt a school and to engage children in the rudiments of financial literacy...Read more

Culled from Business Day


15-June-2015

FirstBank Partners Genevieve On Empowerment For Women

First Bank of Nigeria Limited recently partnered with Genevieve Gatherings 2015 to women empowerment...Read more

Culled from The Guardian


10-June-2015

FirstBank supports Human Resource Leaders Africa 2015 Conference

First Bank of Nigeria Limited, Nigeria’s most valuable bank brand is sponsoring and participating in the HR Leaders Africa 2015 Conference...Read more

Culled from Worldstage


08-June-2015

FirstBank Supports the LEAP Africa 10th CEO Forum

First Bank of Nigeria Limited, Nigeria’s most valuable bank brand and the number 1 SME Bank is supporting and participating in the LEAP Africa 10th CEO Forum in line with the Bank’s corporate responsibility and sustainability programme...Read more

Culled from Naija247News


03-June-2015

First Bank training exposes why naira is so weak

In recent times, the nation’s currency, the naira has been in a weakling condition against the US dollar in spite of the various measures put in place by the Central Bank of Nigeria (CBN) to strengthen it and maintain stability...Read more

Culled from Business Day

FirstBank under Onasanya’s leadership: An overview

THE sudden, non-speculative and voluntary retirement of the Group Managing Director/Chief Executive Officer of First Bank of Nigeria Limited, Bisi Onasanya, may 00have become an opportunity for stakeholders to assess the bank’s contributions to the development of the economy at large, particularly the years under his watch...Read more

Culled from The Guardian


02-June-2015

First Bank takes Financial Literacy Campaign to Secondary Schools Nationwide

Through its “Future First” Programme, First Bank Nigeria is driving financial literacy and career counselling for secondary school students across Nigeria. Financial literacy is one lesson secondary school students won’t get in the classroom, and it is arguably a fundamental skill they will need for their future success...Read more

Culled from African Business Communities


28-May-2015

First Bank Trains Journalists In London In Capacity Building

As part of its intervention programme and in sync with its engagement strategy for brand building and media empowerment, First Bank of Nigeria Limited has sponsored 10 journalists for a weeklong training in London, United Kingdom...Read more

Culled from The Herald


26-May-2015

FirstBank re-elected to the board of advisors of PCI SSC

First Bank of Nigeria Limited, Nigeria’s most valuable bank brand has reaffirmed its leadership position in corporate governance and risk management with its re-election into the Board of Advisors of the Payment Card Industry Security Standards Council (PCI SSC) for the second consecutive time.  PCI SSC is an open, global forum for the development of payment card security standards...Read more

Culled from WorldStage


25-May-2015

FBN HOLDING GETS MERCHANT BANKING LICENSE

The nation’s apex bank, the Central Bank of Nigeria (CBN), has approved the merchant banking license to one of the subsidiaries of FBN Holdings, Kakawa Discount House ...Read more

Culled from Daily Independent


21-May-2015

FIRSTBANK LAUNCHES NEW PAYMENT PLATFORM

First Bank of Nigeria Limited (FBN) has again brazed the trail as it introduced a new platform that allows customers make transfers from the comfort of their homes. ...Read more

Culled from Hallmark


20-May-2015

THE RETURN OF MERCHANT BANKING

After their near total disappearance in the wake of the financial crisis of the 1990s, the introduction of universal banking and the 2004/2005 consolidations in the industry, merchant banks appear to be making a return, Tony Chukwunyem writes ...Read more

Culled from New Telegraph


19-May-2015

FIRSTBANK MAKES MOBILE FUND TRANSFERS EASIER

First Bank of Nigeria Limited, Nigeria’s most valuable Bank brand has again asserted its leadership in mobile financial offerings with the introduction of USSD transfers. The Bank has been offering mobile payment services to both  ...Read more

Culled from BusinessToday


18-May-2015

UNION, SKYE, WEMA BANKS SUFFER LOW PATRONAGE IN ASABA as GTB, Ecobank, FirstBank offer better service delivery

Asaba is the capital of oil rich Delta State, strategically located on a hill at the western edge of the majestic River Niger. Beyond The Banking Hall (BBH) crew with Omos Oyinbode visited some of the banks’ branches in the city and writes that while GTB, Ecobank and firstBank ...Read more

Culled from The Union


14-May-2015

FIRSTBANK PLEDGES SUPPORT FOR APRA 2015

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and Nigeria’s most valuable bank brand, has thrown its weight behind the 27th edition of the All Africa Public Relations Conference, APRA Yaoundé 2015 ...Read more

Culled from Thecitizen


13-May-2015

FIRST BANK, UNIFIED PAYMENTS IN E-PAYMENT AGREEMENT

First Bank of Nigeria Limited says it has partnered the Unified Payments to implement PayAttitude, a transaction innovation meant to boost e-payment system in Nigeria.A statement by First Bank...Read more

Culled from The Punch


12-May-2015

FIRSTBANK HAS 19.4% PORTFOLIO IN OIL, GAS SECTOR, SAYS GMD

The Group Managing Director of First Bank Limited, Mr. Bisi Onasanya was at the Nigerian Stock Exchange last week where he explained to investors on the banks involvement in the oil and gas sector among others...Read more

Culled from National Mirror


11-May-2015

FBN CAPITAL RECEIVES ACCOLADES FROM GLOBAL M&A ATLAS AWARDS, E&C AFRICA

FBN Capital Limited has been awarded the Africa Deal of the Year at this year’s edition of the M&A Atlas Awards for its role in the Acquisition of Oasis Insurance by FBN Insurance. The awards were organized by....Read more

Culled from WORLD STAGE


08-May-2015

FBNHOLDINGS UNVEILS STRATEGIES TO ENHANCE PERFORMANCE

The Group Chief  Executive Officer of FBN Holdings Plc, Bello Maccido yesterday unveiled strategies to be adopted by the group in order to maintain its leadership position in the financial sector and deliver value to all.....Read more

Culled from NEWSNG


07-May-2015

FBN HOLDINGS REPORTS A RISE IN Q1 PRE-TAX PROFIT

FBN Holdings reported a 9 per cent rise in its first quarter pre-tax profit driven by growth in FX trading income and revaluation gains. CEO, Bello Maccido joins CNBC Africa to share some insight on this....Read more

Culled from CNBC Africa


06-May-2015

FirstBank Partners with Unified Payments to implement PayAttitude

As part of its business objectives to drive innovation in service delivery and convenient mobile payment system, First Bank of Nigeria Limited, Nigeria’s Most Valuable Bank Brand, has partnered with Unified Payments to implement PayAttitude, another unique transaction innovation in the Nigerian payments terrain...Read more

Culled from The Herald


05-May-2015

Med-View partners First Bank on online payment

Med-View Airline has in­troduced a new payment option with First Bank of Nigeria Plc where the airline’s customers with Master/Visa cards anywhere in the world can make payments for their tickets online...Read more

Culled from National Mirror


30-April-2015

First Bank highlights workers’ contribution to economic growth

First Bank of Nigeria Limited says it is encouraged by the commitment of Nigerian workers and their relentless contributions to economic growth...Read more

Culled from Punch


27-April-2015

FirstBank director advises women entrepreneurs

A Director of First Bank of Nigeria Limited, Mrs. Ibukun Awosika at the weekend taught women entrepreneurs the skills and knowledge needed to grow their businesses while keeping their homes...Read more

Culled from The Nation

Assessing First Bank’s brand status

Founded by Sir Alfred Jones, a shipping magnate from Liverpool, England, First Bank of Nigeria Limited (“FirstBank”), established in 1894, is one of the leading financial services solutions providers in the country. The bank, with its head office originally in Liverpool, commenced business on a modest scale in Lagos, under the name, Bank of British West Africa (BBWA)...Read More

Culled from New Telegraph


20-April-2015

Med-View Airline partners First Bank to acquire Boeing 737-400 Classic

Med-View Airline has acquired a Boeing 737-400 Classic aircraft, with a capacity  for 150 passengers in business and economy classes. This acquisition was financed by First Bank who has a business partnership with the airline.  The additional aircraft is part of the airline’s expansion plans to boost its operations. And the company’s fleet has increased to five Boeing aircraft...Read more

Culled from Vanguard

FirstBank supports women entrepreneurs

The FirstBank Sustainability Centre has reinforced its commitment to promoting empowerment, entrepreneurship and financial inclusion among women by sponsorship a workshop for women entrepreneurs...Read more

Culled from Daily Post


14-April-2015

FBN Holdings foresees loan growth this year

FBN Holdings said yesterday it expects loan growth at its banking unit to slow to four per cent this year, down from 23 per cent last year, as it shifts focus to short-term trade finance transactions...Read more

Culled from National Mirror


13-April-2015

FirstBank Expands to Sierra Leone

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc said it has expanded its footprint Sierra Leone with the unveiling of FBNBank Sierra Leone, formerly registered as International Commercial Bank (ICB)...Read more

Culled from ThisDay


09-April-2015

FBN Holdings post N83bn profit in 2014

FBN Holdings yesterday announced a profit after tax of N82.8bn for the financial year ended December 31, 2014, an increase of 17.3 per cent when compared to N70.6bn recorded in the same period of 2013...Read more

Culled from National Mirror


08-April-2015

FBN Holdings’ profit rises by 17%, proposes 10k dividend, 1 for 10 bonus

FBN Holdings Plc, the parent company of FirstBank on Tuesday released its results for the full year ended December 2014 with profit after tax of N82.8 billion, up 17.3 per cent year-on-year as against N70.6 billion in 2013...Read more

Culled from Newswatch Times


07-April-2015

FirstBank: Walking on a strange terrain

The television series, B430 (before 30), sponsored by Firstbank, is unique in many ways. It is the first time the conservative bank is  walking on such a terrain...Read more

Culled from The Nation

The Realities in Before 30

Finding a life partner tops the priority list of an average adult, who has secured his or her means of livelihood. For men, the age seems to be flexible as it is often dictated by a lot of factors. This explains why the decision of some men to marry at age 40 or even above attracts little or no criticism...Read more

Culled from Punch


30-March-2015

First Bank, Cross River First Lady Partner To Build Women, Child Centre

IT was both inspiring and instructive watching Essien Ayi Okon and Abigail Effiom Opiok, as they took turns to publicly appreciate the First Lady of Cross River State, Mrs Obioma Liyel-Imoke, who rescued, cleaned them up and also gave their lives a meaning...Read more

Culled from The Guardian

First Bank named best retail bank

First Bank of Nigeria Limited says it has received “The Best Retail Bank in Nigeria Award” for the fourth consecutive time at the just-concluded Asian Banker International Excellence in Retail Financial Services Awards in Singapore...Read more

Culled from Punch


27-March-2015

First Bank restates commitment to financial inclusion

First Bank of Nigeria Limited says it is committed to driving financial literacy among the youth and the unbanked segment of the economy...Read more

Culled from Punch

FirstBank sustains brand loyalty with Savings Promo

She has been banking with Firstbank of Nigeria for 28years. She grew up to see her parents banking with the same bank. Mrs. Ebisan Onyema, opened up on her long relationship with the bank penultimate week when its Group Managing Director/Chief Executive Officer Mr Bisi Onasanya, presented a new Toyota Corolla to her as the winner at the final draw of the bank’s Savings Bonanza...Read more

Culled from The Nation


20-March-2015

FirstBank marks Down’s Syndrome Day

AS part of its corporate social responsibility, CSR, and its initiative at supporting good causes, FirstBank Plc will tomorrow join Nigerian children living with Down’s Syndrome to mark this year’s World Down syndrome day in Lagos. The bank is supporting the Foundation through its Hope Rising Initiative, HRI, designed to provide health and welfare support for disabled persons...Read more

Culled from Vanguard


18-March-2015

FirstBank GMD/CEO presents brand new car to winner in the FirstBank Savings Promo Bonanza final draw

As part of its continued drive to encourage savings culture in the youth and unbanked segments as well as part of its reward initiative for its customers, FirstBank, Nigeria’s best banking brand has rewarded more customers in the FirstBank Savings Promo Bonanza Final Draw...Read more

Culled from Daily Post

First Bank empowers women-led SMEs

The Head, Corporate Responsibility Marketing, First Bank of Nigeria Limited, Ismail Omamegbe has reiterated the bank’s commitment to supporting Small and Medium Enterprises (SMEs) run by women...Read more

Culled from Daily Independent


17-March-2015

First Bank spends over N200m to reward customers in promo

First Bank Nigeria Plc has put the total amount it spent rewarding about 246 customers in cash, automobiles and household gifts in its grand finale savings bonanza draw last Thursday in Lagos at over N200 million...Read more

Culled from The Sun


11-March-2015

FirstBank Partners Down Syndrome Foundation of Nigeria

As part of its corporate responsibility and sustainability intervention, FirstBank through its Hope Rising Initiative designed to provide health and welfare support for disabled persons, has partnered with the Down Syndrome Foundation of Nigeria to provide succour for people living with Down Syndrome disorder as well as support the advocacy platforms of the foundation...Read more

Culled from Naija247

Global Money Week: FirstBank promotes financial literacy

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc, is collaborating with the rest of the world in celebrating the Global Money Week to engage children in the rudiments of financial literacy. The Bank under its Corporate Responsibility and Sustainability scheme initiated the Future First Programme to impart financial independence into young people through the acquisition of the right financial knowledge...Read more

Culled from WorldStage


06-March-2015

First Bank, NAPSS boost financial literacy

First Bank of Nigeria Limited says it has partnered the National Association of Proprietors of Private Schools to provide financial management education for proprietors of schools...Read more

Culled from Punch


05-March-2015

FBN Holdings gets new board members

FBN Holdings Plc on Wednesday announced the appointment of Mr. Omatseyin Akene Ayida and Mrs. Bosede Adebola Osibogun as non-executive directors on its board...Read more

Culled from Punch


02-March-2015

FirstBank funds marine vessel acquisition

First Bank of Nigeria Limited says it has given a boost to the capability of one of its corporate customers, Petrolog Limited, by funding the acquisition of a brand new ABS classed Dynamic Positioning Dive support Vessel, “DSV Vinnice.”...Read more

Culled from Punch

First Bank, LBS train firms on sustainable business

First Bank of Nigeria Limited, in partnership with the Lagos Business School has trained Non Governmental Organisations (NGOs) and corporate organisations from diverse sectors of the economy on how to lead sustainable businesses in Nigeria...Read more

Culled from Daily Trust


25-February-2015

NLI, First Bank to train 25 emerging Nigerian leaders

Nigeria Leadership Initiative (NLI), in partnership with First Bank of Nigeria, will be grooming 25 Nigerian leaders from Nigeria and the Diaspora at the NLI May 2015 Future Leaders Seminar in Lagos...Read more

Culled from Nigerian Tribune


19-February-2015

FirstBank, LBS to promote sustainable education

First Bank of Nigeria Limited says it is partnering the Lagos Business School through its sustainability programme, FirstBank Sustainability Centre, to host a workshop for non-governmental organisations and corporate organisations...Read more

Culled from Punch


17-February-2015

FirstBank attains ISO22301 recertification on BCM

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc, has achieved the recertification of the international Business Continuity Management – ISO22301 (Societal Security: Business Continuity Management System) certification...Read more

Culled from The Sun


03-February-2015

FirstBank remains Nigeria’s top banking brand, says The Banker

FOR the fourth consecutive year, First Bank of Nigeria has been ranked number one banking brand in Nigeria by The Banker magazine of Financial Times and Brand Finance, London, United Kingdom in its 2015 ‘The Top 500 Banking Brands.’...Read more

Culled from The Guardian


02-February-2015

FirstBank expands African footprint, unveils FBNBank in DR Congo

First Bank of Nigeria Limited, a subsidiary of FBN Holdings PLC and Nigeria’s most valuable bank brand today unveils FBNBank DR Congo, formerly registered as Banque Internationale de Credit (BIC)...Read more

Culled from Daily Post

FirstBank driving cashless with ATMs

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc, presently accounts for 38 per cent of bills payment services in the nation’s banking industry as at December 2014, the Head, Marketing and Corporate Communication,  Folake Ani-Mumuny, has said...Read more

Culled from The Nation


27-Janurary-2015

FirstBank, firm partner on cardiovascular treatment

First Bank of Nigeria Limited has partnered Tristate Cardiovascular Institute to provide financial assistance to cardiac patients of the institute. The beneficiaries, the lender said,  are unable to afford the cost of Cardio Vascular heart surgery they need to stay alive...Read more

Culled from The Nation


22-Janurary-2015

Ariyibi: CBN Should Re-examine its Policy on Cash Reserve Ratio

Head of Finance, FBN Holdings, Mr. Oyewale Ariyibi, in this interview with select journalists, shared his views on critical issues in the financial sector and operations of the largest financial services group in Nigeria. Goddy Egene was there. Excerpts:..Read more

Culled from This Day


21-Janurary-2015

FirstBank achieves PCI DSS recertification

FIRSTBANK has achieved the recertification of the Payment Card Industry Data Security Standard   (PCI DSS) in 2014, having been one of the first top-tier banks in Nigeria to obtain the certification 2013...Read more

Culled from The Guardian


15-Janurary-2015

I appreciate The Sun award – Onasanya, First Bank GMD

Group Managing Director (GMD) of First Bank Limited, Mr Olabisi Onasanya, has commended the management of The Sun Publishing Limited over its commitment and focus in recognizing Nigerians and institutions  that are making outstanding contributions to the economic development of the country...Read more

Culled from The Sun


05-Janurary-2015

First Bank, Etisalat boost mobile money initiative

First Bank of Nigeria and Etisalat have collaborated to boost the mobile money payment channel in the country...Read more

Culled from Punch


29-December-2014

‘Investing in FBN Holdings is like a fixed income security with an equity upside’

Oyewale Ariyibi is the head of finance, FBN Holdings (FBNH), Nigeria’s largest bank by assets. He spoke with a select group of financial journalists, including BusinessDay’s PATRICK ATUANYA, in this wide-ranging interview about market perception of FBNH stock, potential impact of oil price slide on the bank, and impact of regulatory actions on FBNH profitability in 2015, among others...Read more

Culled from Business Day


24-December-2014

FirstBank Promotes Tourism

FirstBank of Nigeria Limited has restated its  support for the Calabar Carnival 2014. The month-long carnival is a platform for showcasing rich Nigerian heritage and the bank said it is proud of its longstanding association with the annual festivities...Read more

Culled from This Day


22-December-2014

FirstBank pledges continuous support for Calabar Carnival

First Bank of Nigeria Limited has again pledged support for the Calabar Carnival 2014...Read more

culled from New Mail


10-December-2014

Firstmonie wins best mobile money operator in Nigeria, records 2million subscribers

In recognition of its continued effort to drive financial inclusion, lead innovation in mobile payment systems and support the CBN cash-less policy, Firstmonie, the FirstBank mobile money services platform has been awarded the Best Mobile Money Operator in Nigeria by the EFInA Financial Inclusion Awards...Read more

Culled from The Nigerian Voice


08-December-2014

FirstBank, FBN Capital win at EMEA Africa Banking Awards

FirstBank and FBN Capital Asset Management, the banking and the investment arms of the FBN Holdings Group have emerged the Most Innovative Bank in Africa, and Best Asset Manager in Nigeria respectively at the Africa Banking Awards 2014 organised by EMEA Finance Magazine, which took place on the 4th of December 2014 at the Law Society in London, United Kingdom...Read more

Culled from Daily Post

FirstBank, Sweet Sensation partner on mobile financial services

FIRST Bank Nigeria Limited has extended its Firstmonie mobile financial service product to Sweet Sensation Confectionery, as part of its efforts to promote the cash-less policy of the Central Bank of Nigeria (CBN)...Read more

Culled from The Guardian


01-December-2014

First Bank Open Golf Tourney Takes Centre Stage

Like vintage wine which gets better with age, the annual First Bank Lagos Amateur Open Golf Tournament is getting better. Since it made its appearance on the Nigerian and West African Golf calendar 52 years ago, the tournament has not lost any of it appeal to golfers in Nigeria. The last edition of the tournament played at the Ikoyi Golf Club 1938 saw over 80 golfers from all parts of Nigeria participated in the tournament...Read More

Culled from Punch

FBN HOLDINGS APPOINTS HAMZAT BOKKI AS DIRECTOR

The board of FBN Holdings Plc said on Friday it has appointed Hamza Sule Wuro Bokki as an independent non-executive director (INED), FBNH said in an issuer announcement with the Nigerian Stock Exchange (NSE)...Read More

Culled from Naija247 News


26-November-2014

First Bank pledges support for Lagos golf tourney

First Bank Nigeria Plc has pledged continuous support for the First Bank Lagos Amateur Golf Championship, which ended on Sunday at the Ikoyi Golf Club, Lagos...Read more

Culled from Punch


25-November-2014

Ikoyi Club’s Eze wins Lagos Open

Twenty-three year old Monday Eze of Ikoyi Golf Club on Sunday emerged winner of the 53rd edition of the FirstBank Lagos Amateur Golf Championships which took place at the Ikoyi Golf Club, Lagos...Read more

Culled from New Telegraph


18-November-2014

FirstBank Designates 20 Wheelchair Accessible Branches

FirstBank is one hundred and twenty years and has through its existence shown consistent support to corporate responsibility and sustainability through the citizenship approach. This approach requires that the Bank considers the needs of all stakeholders not only for business performance but largely for mutually beneficial relationship...Read more

Culled from The Herald


17-November-2014

FMDQ: Visa Partners FBN, Foundation to Support Female Entrepreneurs

Visa Incorporated, one of the global leaders in payments has announced a partnership with the Cherie Blair Foundation for Women, First Bank Nigeria and the Youth for Technology Foundation (YTF)...Read more

Culled from This Day


14-November-2014

Visa, First Bank move to boost entrepreneurship

United States-based payments company, Visa Incorporated, has announced its partnership with the Cherie Blair Foundation for Women, First Bank of Nigeria and the Youth for Technology Foundation...Read more

Culled from Punch


13-November-2014

Golf: FB Open set for tee off

The 53rd FirstBank Lagos Amateur Open Gold Championship will hold from November 21 to 23 at the Ikoyi Club 1938 Gold Course, Lagos...Read more

Culled from National mirror


11-November-2014

FBN Holdings Acquires Kakawa Discount House

FBN Holdings and its subsidiary, FBN Capital Limited yesterday announced the completion of their acquisition of a 54 per cent equity interest in Kakawa Discount House Limited...Read more

Culled from This Day


10-November-2014

FirstBank Spends N500m to Reward Customers

FirstBank Nigeria has put the total amount it spent to reward about 5,000 customers in cash, automobiles and household gifts under its various promotion bonanza in the past six years at N500 million...Read more

Culled from This Day


31-October-2014

First Bank urges organisations to adopt sustainable practices

More organisations need to show commitment to sustainability as it has long-term benefits for them, the Group Managing Director and Chief Executive Officer, First Bank Nigeria Limited, Mr. Bisi Onasanya has said...Read more

Culled from Punch

FirstBank pledges more reward for customers in Savings Promo Bonanza

As part of its continued drive to encourage savings culture in the youth and the unbanked segments in line with the reward initiative for its Customers, FirstBank, Nigeria’s best banking brand has announced the launch of the FirstBank Savings Promo Bonanza. The promo which kicked off in September 2014 will run for duration of 6 months till February 28, 2015 and winners will emerge based on the Monthly and Quarterly Raffle Draws to be held during the duration of the promo...Read more

Culled from The Herald

2014 ACCW: First Bank Targets Third African Title

Nigerian champion, First Bank basketball club is aiming to win the 2014 edition of Africa Champions Cup for Women (ACCW) after gaining qualification...Read more

Culled from Daily Trust


29-October-2014

FBN Holdings PLC Records N333.2bn Gross Earnings In Nine Months

First Bank of Nigeria (FBN) Holdings Plc yesterday announced N333.2billion gross earnings in its unaudited results for the nine months ended 30th September 2014. This represents a 12 .5 per cent increase over the N296.3 billion recorded in the corresponding period of last year...Read more

Culled from Daily Newswatch


28-October-2014

FirstBank Sustainability Centre partners LBS to host International Sustainability Conference

FirstBank Sustainability Centre has announced that it has elected to sponsor the International Sustainability conference scheduled for October 30, 2014 at the Honeywell Auditorium, Lagos Business School, Ajah, Lagos...Read more

Culled from The Citizen


20-October-2014

FirstBank’s ‘hope rising’ sustains support for NAB

FIRST Bank of Nigeria Limited has sustained its commitment to providing inclusion, advocacy and public enlightenment for blind and visually impaired persons in the country through its consistent support for the Nigeria Association of the Blind (NAB) White Cane and Safety Day...Read more

Culled from The Guardian


16-October-2014

FIRST BANK SUSTAINS SUPPORT FOR THE BLIND ON WHITE CANE DAY

First Bank of Nigeria Limited says it is providing inclusion, advocacy and public enlightenment for blind and visually impaired persons in the country through its consistent support for the Nigeria Association of the Blind (NAB) White Cane and Safety Day...Read more

Culled from Daily trust


10-October-2014

FirstBank expands footprint to Ghana

Following the agreement reached by First Bank of Nigeria Limited and International Commercial Bank Financial Group Holdings Ag (ICBFGH) for the acquisition of a 100 per cent equity interest in ICB Ghana, FirstBank yesterday announced the launch of FBN Bank Ghana... Read more

Culled from The Nation

Are customers really kings/queens?

TREATING customers as king is a new marketing concept. It is a management orientation which maintains that firms establish relationships with selected target customers for whom superior values are designed, offered, redefined and realised in close cooperation with other partners in the marketing system to realise long-term profits through customer satisfaction... Read more

Culled from The Nation


09-October-2014

First Bank Move into Akure Close-camp

In a bid to make it to the final round of the Africa Champions Cup for Women slated for Tunisia next month, two-time champion of the continent’s biggest women club competition, First Bank basketball club of Nigeria will from tomorrow move into a close camp in Akure, Ondo State to further strategise for the FIBA Africa Zone-3 qualifier holding in Ouagadougou, Burkina Faso...Read More

Culled from This Day


03-October-2014

FirstBank empowers women-led SMEs

FirstBank of Nigeria Limited has reiterated its commitment to supporting Small and Medium Enterprises (SMEs) run by women, its Head, Corporate Responsibility Marketing, Ismail Omamegbe has said...Read more

Culled from The Nation


02-October-2014

First Bank to fund Kaztec’s $1.3bn Addax contract

First Bank Plc has expressed willingness to support the funding of a $1.3billion fabrication contract by Kaztec Engineering, a subsidiary of the Chrome Group, awarded by Addax Petroleum...Read more

Culled from Vanguard

ICT Development: First Bank Nigeria to Partner with EKSU

A high level delegation from the First Bank Nigeria Plc led by the Executive Director Mr. Gbenga Shobo has visited the Management of Ekiti State University on areas of strengthening existing infrastructure on Information Communication Technology...Read more

Culled from Ekiti State University


29-September-2014

FBNHoldings Partners Euromoney For Nigeria Banking, Capital Markets Conference

First Bank of Nigeria Limited and FBN Capital Limited, subsidiaries of FBN Holdings plc, are Lead Sponsors of The Nigeria Banking and Capital Markets Conference 2014, organised by Euromoney for the third consecutive season since 2012...Read more

Culled from Business Day

FirstBank Boosts Savings Culture

First Bank of Nigeria Limited has restated its commitment to aggressive deposit mobilisation aimed at boosting its ability to continue to play its intermediation role in the economy...Read more

Culled from Punch


26-September-2014

First Bank hands over N50m house to customer

The Group Managing Director/Chief Executive Officer, First Bank of Nigeria, on Thursday, handed over a completed four-bedroom terrace house worth N50 million to a loyal customer, Mr Kenechukwu Uchenna...Read More

Culled from Nigerian Tribune


24-September-2014

FirstBank Sustainability Centre Sponsors SME Workshop For Women

FirstBank Sustainability Centre at Lagos Business School, Lekki, Lagos has planned to hold a workshop on September 30, 2014 for women owners of Small and Medium Enterprises (SMEs) in Nigeria... Read more

Culled from Nigerian Current


22-September-2014

A moment with First Bank Big Splash promo winner

Joy was visible in his voice as he spoke that warm Thursday afternoon.  It was expected that his joy would know no bound. He had just been declared the winner of a four bedroom detached duplex in Lekki at the ongoing FirstBank’s Big Splash promo...Read more

Culled from Business Day

FirstBank: National icon, celebrated globally

First Bank of Nigeria Limited (FirstBank) is Nigeria’s premier banking institution and has been at the vanguard of banking innovation, modernisation and business advancement for the past 120 years. Established in 1894, the bank has consistently grown through ground breaking and historical events, maintaining its commitment to the growth and economic development of the Nigerian People and the nation at large...Read more

Culled from Daily Post


17-September-2014

First Bank Starts Early Continental Preparation

Head Coach of First Bank Basketball Club of Lagos, Aderemi Adewunmi, has defended his team’s early preparation for the African Club Women Basketball Championship qualifiers later this year...Read More

Culled from This Day


15-September-2014

First Bank’s business model has repositioned it for growth

Dr. Adesola Kazeem Adeduntan is the Executive Director/Chief Financial Officer, First Bank Nigeria Limited. He was appointed to the Board in 2014 as Chief Financial Officer. Before this appointment, he was a Director and the pioneer Chief Financial Officer of Africa Finance Corporation...Read more

Culled from Vanguard


03-September-2014

FirstBank promotes Down Syndrome awareness

AS part of its CSR drive under its health Initiative to create awareness, correct negative societal perceptions and provide support for all forms of disabilities in Nigeria, FirstBank has presented the Hope Rising Drama Series produced in partnership with Down Syndrome Foundation of Nigeria.  Hope Rising Drama Series is a FirstBank initiative which focuses on highlighting the challenges of Down syndrome and exploring efforts at combating the disorder and also providing the platform for public enlightenment, so as to demystify it and encourage societal support and advocacy...Read more

Culled from Nigerian Pilot


02-September-2014

Tejuosho Shopping Complex: From ashes to beauty

When last have you been to Yaba, Tejuosho area to be specific? If you haven’t lately, please take a trip to the location and it will amaze you how the landscape of the area has been suddenly transformed, no thanks to the new modern shopping edifice adorning the highways. Lest we forget!...Read More

Culled from New Telegraph


29-August-2014

FirstBank holds SME seminar in Jos

As part of its ongoing initiative for the sustained development of the Small and Medium Enterprises (SMEs) sectors of the Nigerian Economy, FirstBank through its SMEConnect platform recently organised a SMEConnect forum in Jos, Plateau State...Read more

Culled from The Nation


22-August-2014

FirstBank praised for training journalists

FirstBank’s sponsorship of international media training for selected Nigerian journalists has been lauded by the Corporate Affairs Manager at the British Broadcasting Corporation (BBC), Paul Rasmussen. The four-day broad-based international Advanced Financial Journalism Course sponsored by FirstBank  took place at the Press Association Centre in London, United Kingdom...Read more

Culled from The Nation


21-August-2014

FirstBank’s Firstmonie to disburse MDGs funds

Firstmonie, the mobile banking service from FirstBank, has been se­lected by the Office of the Se­nior Special Assistant to the President on the Millennium Development Goals, MDGs, to disburse funds of Condi­tional Cash Transfer pro­gramme aimed at increasing human capital development of the poor in the country...Read more

Culled from The Sun


19-August-2014

Western Union launches Outbound Service with FirstBank

The Western Union Company (NYSE: WU) yesterday launched the Outbound remittance service in Nigeria. Since the Western Union Money Transfer service was launched in Nigeria in 1995, consumers in the country have only been able to receive funds via the service...Read more

Culled from The Nation


12-August-2014

FirstBank partners Stormberg to deliver multi-billion Tejuosho commercial property

After about six years of what initially seemed to be an endless construction exercise, the newly-built Tejuosho Ultramodern Market in Lagos is set to add to the growing list of multi-billion commercial properties in Lagos.

This was made known by the management of the two companies that were at the forefront of the construction of the market - Stormberg Engineering Ltd, which is the company that did the physical construction of the complex, and First Bank Nigeria Plc, the financier of the project...Read more

Culled from Nigerian Tribune


08-August-2014

FirstBank unveils First Academy

FirstBank Nigeria is set to strengthen its market penetration through First Academy.

First Academy is aimed at enhancing   the management techniques of employee, through motivation, and leadership development...Read more

Culled frm The Nation
07-August-2014

First Bank Leverages Training, ICT, as Positioning Tools

The strength and growth recorded over the years by First Bank brand can be linked to the company’s investment in the area of training and information Technology, a recent development at the bank has shown...Read more

Culled from This Day


04-August-2014

FBN Holdings posts N212b gross earnings, N48.3b gross profit in six months

FBN Holdings Plc has posted gross earnings of N212 billion in its six months operations, against N196.4 billion achieved in the comparable period in 2013...Read More

Culled from The Guardian


01-August-2014

FBN Holding records 19% drop in profit

FBN Holdings Plc yesterday released its consolidated and separate financial statements for the half-year ended June 30, 2014, showing a decrease of 18.78 per cent in its profit from N45.779 billion in 2013 to N37.180 billion in the reviewing period...Read More

Culled from Daily Newswatch


31-July-2014

First Bank applauds OAU ‘Vigitab’ e-Learning innovation

Teaching and learning conducted through electronic media, such as laptops, tablet devices and mobile phones, typically via the internet is gradually gaining inroads into Nigeria’s tertiary institutions with improved technology, a development which First Bank believes worth huge investment and necessary to boost the country’s system of education...Read More

Culled from Daily Newswatch

Nigerian customers embrace PayPal

PayPal disclosed recently that it signed up “tens of thousands” of Nigerians in its first week of operating in Africa’s biggest economy. The firm said that consumers were already purchasing items from Britain, China and the United States via its online platform...Read More

Culled from Daily Newswatch


25-July-2014

Cash on delivery threatens e-payments in Nigeria – FirstBank

FirstBank of Nigeria has said the continual promotion of the cash on delivery method of payment for e-commerce transactions is a major threat to e-payments in Nigeria.

Chuma Ezirim, FirstBank’s head of e-business, said this at the official launch of the bank’s partnership with PayPal...Read More

Culled from HumanIPO


23-July-2014

E-Commerce Gets Boost as FirstBank Partners PayPal

FirstBank of Nigeria Limited has gone into partnership with PayPal, an international e-commerce payment and money transfer platform to boost online transactions.

PayPal which is an easy and fast way to make online purchases in over 203 markets worldwide announced its partnership with FirstBank yesterday in Lagos...Read More

Culled from This Day


18-July-2014

House Winner Emerges at FirstBank’s Big Splash Promo Grand Draw

As part of continued drive to reward its customers and in commemoration of the 120th anniversary celebration, FirstBank has announced the winner of the grand prize of a 4-bedroom detached duplex in Lekki, Lagos...Read More

Culled from This Day


14-July-2014

FirstBank Empowers Non-governmental Organisations

As part of its corporate social responsibility (CSR), FirstBank of Nigeria has empowered representatives from various non-governmental organisations (NGOs) and corporate organisations...Read More

Culled from This Day

FBN, Lagos Business School promote education

Leading investment bank and asset management firm, FBN Capital Limited, says it has initiated a partnership with the Lagos Business School with the opening of the school’s Bloomberg Room...Read More

Culled from Punch


08-July-2014

First Bank disburses N46bn to SMEs in one year

First Bank of Nigeria Limited has disbursed about N46 billion to Small and Medium Enterprises (SMEs) in one year according to Gbenga Shobo, executive director, retail banking South, has said...Read More

Culled from Business Day

First Bank, PenCom promote pension growth

First Bank of Nigeria Limited and its pension subsidiary, First Pension Custodian Nigeria Limited, say they are collaborating with the National Pension Commission to promote the growth of the sub-sector...Read More

Culled from Punch

Pension contribution hits N4.21tn •...To hit N16.5trillion in 2034 •As FirstBank sponsors Pension Summit

From a N2 billion deficit in 2004, Nigeria’s pension assets moved to N4.21 trillion in March 2014 and it is expected to be about N16.5trillion in about 20 years time.

President Goodluck Jonathan and Nigeria’s Coordinating Minister of the Economy and Minister of Finance, Dr Ngozi Okonjo Iweala disclosed this at the opening of the first World Pension Summit for Africa holding at Transcorp Hilton Abuja...Read More

Culled Nigerian Tribune


07-July-2014

First Bank goes hinterland to support SMEs

After recording success in its engagement with Small and Medium Enterprises (SMEs) across Nigerian cities, Gbenga Shobo, executive director, retail banking, South, First Bank of Nigeria Limited, in this interview with Hope Moses-Ashike, says the bank has decided to locate and address the funding challenges of this sector in the hinterland. Excerpt:...Read More

Culled from Business Day

First Bank Appoints Adeduntan Executive Director, CFO

First Bank of Nigeria Limited yesterday announced the appointment of Dr. Adesola Kazeem Adeduntan as Chief Financial Officer (CFO).
He is to replace the former CFO, Mr. Adebayo Adelabu, who had been appointed Deputy Governor of the Central Bank of Nigeria...Read More

Culled from This Day

CSR: First Bank boosts capacity of Nigerian media

As part of its Corporate Social  Responsibility, CSR, First Bank of Nigeria has continued to impact on Nigeria media through capacity-building that would spur journalists to carry out their duties effectively and efficiently and thus contribute to the country’s economic growth and development...Read More

Culled from Vanguard


03-July-2014

FBN Holdings rolls out 1.87b shares in Oasis Insurance takeover bid

FBN Holdings has activated its billion-naira takeover bid for minority shareholdings in Oasis Insurance Plc.
FBN Holdings is making the takeover bid through FBN Life Assurance Limited, an insurance subsidiary of FBN Holdings...Read More

Culled from The Nation


01-July-2014

First Bank Appoints Adeduntan Executive Director, CFO

First Bank of Nigeria Limited yesterday announced the appointment of Dr. Adesola Kazeem Adeduntan as Chief Financial Officer (CFO).
He is to replace the former CFO, Mr. Adebayo Adelabu, who had been appointed Deputy Governor of the Central Bank of Nigeria...Read More

Culled from This Day


30-June-2014

GTBank, First Bank, UBA, Zenith, Diamond top winners at BusinessDay Awards

High-flying institutions in Nigeria’s financial landscape at the weekend received awards for excellence. Guaranty Trust Bank plc emerged “Bank of the year” at the alluring Annual Banking Award organised by BusinessDay Media.

Bisi Onasanya, chief executive officer, First Bank Nigeria Limited, for the second time won the “Bank CEO of the year” award at the event which held at  the prestigious Civic Center, Victoria-Island, Lagos.

The BusinessDay Annual Banking Awards are meant to reward financial institutions and their officers who were outstanding in the preceding year...Read More

Culled from BusinessDay


26-June-2014

First Bank organises training on sustainability

The Director, First Bank of Nigeria’s Sustainability Centre, Lagos, Dr. Chris Ogbechie, says it is time for companies, which contribute to economic growth, to be alive to their responsibilities if they plan to continue in business...Read More

Culled from Punch

Bank sponsors journalists for international course

In continuation of its commitment to enhance capacity building in the media industry, First Bank of Nigeria Limited is sponsoring selected Nigerian journalists across various media platforms for a four-day broad-based international Advanced Financial Journalism Course at the prestigious Press Association Centre in London, United Kingdom. The course, which kicked off on Monday, June 23, ends today...Read More

Culled from National Mirror


23-June-2014

Zenith Bank B’ball: First Bank wins Final 8

First Bank Basketball Club of Lagos over the weekend defeated city rival Dolphins Basketball Club 65-51 to win the Final Eight Play-Offs for the 2013/2014 Zenith Bank National Women Basketball League...Read More

Culled from National Mirror


18-June-2014

First Bank hosts training for entrepreneurs on business development in Ibadan

First Bank Nigeria has continued its capacity building initiatives for Small and Medium Enterprises (SME) by training entrepreneurs in several aspects of business development in Nigeria...Read More

Culled from WorldStage


17-June-2014

FBN Holdings Assures Shareholders of Higher Returns

The Group Chief Executive Officer of FBN Holdings Plc, Mr. Bello Maccido, yesterday said the company is putting the needed strategies in place to deliver higher returns to shareholders in the years ahead...Read More

Culled from This Day

FBN Holdings affirm profitable 2013 financial year at NSE

Nigeria’s leading financial holding company FBN Holdings, visited the Nigerian stock exchange to reaffirm its commitment to the growth of the market and also interact with the stockbroking community on its operations...Read More

Culled from Webtv


16-June-2014

World Bank, Firstmonie boost mobile money in Nigeria

The World Bank through its subsidiary the International Finance Corporation (IFC) has announced a partnership with First Bank of Nigeria’s Firstmonie to advance mobile money services in Nigeria...Read More

Culled from Daily Newswatch


10-June-2014

IFC, Firstmonie Partner on Access to Affordable Financial Services in Nigeria

IFC, a member of the World Bank Group, has signed an advisory services agreement with Firstmonie, a subsidiary of First Bank Nigeria Limited, to advance mobile financial services and agent banking in order to strengthen the supply of affordable financial services to low-income individuals and small-scale entrepreneurs in Nigeria...Read More

Culled from Nigeria Communications Week

Oasis Insurance announces take-over bid FBN Life

Insurance firm, Oasis Insurance Plc yesterday announced a take-over bid of I, 872,911,465 ordinary shares of 50k each in the company by FBN Life Limited. The company, in a notice to the Nigerian Stock Exchange (NSE) said qualification date is June 20, 2014, while offer opens June 23, 2014 and closes July 14, 2014...Read More

Culled from New Telegraph


09-June-2014

FBN Holdings launches 1.87b shares takeover bid for Oasis Insurance

FBN Holdings Plc has finalized arrangements for a takeover bid to acquire minority shareholdings in Oasis Insurance Plc, in a transaction that may see the insurance firm emerging as a wholly-owned subsidiary of the group...Read More

Culled from The Nation

FBN Capital shines at EMEA Finance, Africa investor awards

Nigerian Investment Bank and Asset Management firm, FBN Capital Limited, has been acknowledged by EMEA Finance Magazine for its efforts in the successful financing of projects in the Oil & Gas and Telecommunications industries...Read More

Culled from Business Day


05-June-2014

FirstBank Supports Tertiary Education

As part of its commitment to sustainable educational development in Nigeria, First Bank of Nigeria Limited has constituted a professional chair endowment in 10 universities across the nation.
These endowments have provided platforms for scholarly research, academic excellence and economic development in these institutions and the country at large...Read More

Culled from This Day


28-May-2014

FirstBank seminar series on SMEs debuts in Aba

The bank said in a press statement that the seminar series which kicked off in Port Harcourt, Rivers State, early this month is a one-day workshop with the overriding theme, “We can help with that”, was designed to provide practical help on relevant challenges faced by SMEs in different regions of the country...Read More

Culled from Daily Newswatch

Cashless policy: Banks offer more payment options

It is no longer news that the cashless policy would finally go nationwide on July 1, 2104, after 30 months of phased introduction which began January 1, 2012 with the “cashless Lagos.” From Lagos, it went live in states with major commercial cities such as Kano, Rivers, Abia, Anambra and Ogun...Read More

Culled from Daily Independent

Shareholders laud FBN Holdings for paying N1.10 dividend

Shareholders of FBN holdings have lauded the group’s ability to pay N1.10 dividend, translating to N35.9 billion despite the stringent monetary policies existing in the banking sector in the country...Read More

Culled from Nigerian Tribune


23-May-2014

FBN Holdings shareholders give nod to N36bn dividend

FBN Holdings Plc yes­terday declared a total dividend of N35.9bn for the financial year ended December 31, 2013, repre­senting N1.10 kobo for every share of 50 kobo held by in­vestors...Read More

Culled from National Mirror

FBN Holdings launches short-term growth plan

FBN Holdings Plc has launched a new short-term strategic growth plan that will enhance the leadership position of the holding company and ensure better returns to shareholders over the next few years...Read More

Culled from The Nation

FBN Holdings assures shareholders of better returns on investments

The FBN Holdings Plc, on Thursday, assured its shareholders of better returns on investment in the near future due to the drive for growth in each of its business lines...Read More

Culled from Nigerian Tribune

FirstBank partners Ogun State on Investment Forum

As part of its initiatives to support economic development across tiers of  government as well as drive revenue generation, First Bank of Nigeria Ltd, Nigeria’s largest financial Institutions has thrown its weight behind the Ogun State Investment Forum taking place on Wednesday and Thursday, May 21-22, 2014 at The June 12 Cultural Centre, Kuto, Abeokuta...Read More

Culled from WorldStage


19-May-2014

FirstBank Boosts Capacity of SMEs

The capacity of small and medium enterprises (SMEs) to survive the rigours of the Nigerian business environment received a boosts as First Bank Nigeria Limited recently held a one-day seminar for entrepreneurs in Rivers State...Read More

Culled from This Day

FIRST BANK OF NIGERIA The journey into a new era. A new face of brand experience [African Business]

(African Business Via Acquire Media NewsEdge) 2014 marks FirstBank Limited's 120th anniversary as an institution. And what better way to commemorate this historic landmark than the refreshing of corporate identity for the FBN Group, including all of its subsidiaries...Read More

Culled from TMCnet

More Cars, Cash Given Out as FirstBank Extends Big Splash Promo

The third quarterly draw of the on-going FirstBank ‘Big Splash Promo has produced 3 more winners of the brand new Toyota Corolla cars at the draw which took place today, May 15, 2014 at the Constantial Hotel, Benin City the Edo State capital. The winners are Eseduo Francis of Makurdi Branch, Ezeanum Chinedu Maureen of Onitsha-Owerri branch and Dairo Adeola Olugbenga of Ikeja Industrial Estate branch...Read More

Culled from The Herald


16-May-2014

First Bank extends Big Splash Promo, doles out cars, cash

The third quarterly draw of the on-going First Bank ‘Big Splash Promo has produced 3 more winners of the brand new Toyota Corolla cars at the draw which took place yesterday at the Constantial Hotel, Benin City the Edo State capital...Read More

Culled from Nigerian Pilot


15-May-2014

FirstBank partners WAEC on e-registration

First Bank of Nigeria Ltd, Nigeria’s largest financial Institution has been designated as sales points for the e-registration forms of candidates for the November/December 2014 West African Senior School Certificate Examination (WASSCE). With over 750 branches across the federation and 120 years of business operation, FirstBank has been a consistent partner for educational and economic development...Read More

Culled from Daily Post

30-April-2014

FBN Holdings Records N70bn Profit, to Pay N1.10 Dividend

FBN Holding Plc Tuesday announced a dividend of N1.10 per share for the year ended December 31, 2013, showing an increase of 10 per cent  above the N1.00 paid the previous year.

The dividend, which amount to N35.895 billion would be paid out of profit after tax recorded by FBN Holdings for the year. The audited results made available yesterday showed that the financial institution ended 2013 with gross earnings of  N395.9 billion, up seven per cent from N370.2 billion posted in 2012...Read More

Culled from This Day


29-April-2014

FirstBank’s ‘FirstMonie’ crosses 1m subscribers’ milestone

The mobile payment solution from First Bank of Nigeria Limited, FirstMonie, has crossed the 1 million subscribers milestone. This feat, according to a statement from the bank, has been achieved in less than two years of its operations...Read More

Culled from News Telegraph

FBN declares N70.63bn profit in 2013

First Bank of Nigeria Holdings (FBNH) Plc on Tuesday posted a profit after tax of N70.63 billion for the financial year ended Dec. 31, 2013. The News Agency of Nigeria (NAN) reports that this was against the N76.80 billion posted in 2012...Read More

Culled from News Telegraph

More delegates register for World Economic Forum

More than 1,000 delegates from various countries have so far registered for the World Economic Africa (WEF Africa) scheduled to hold in Abuja next month, the supervising Minister of National Planning Commission (NPC), Mr. Bashir Yuguda has revealed...Read More

Culled from Champion Online


28-April-2014

First Bank to boost capacity development with SMEConnect seminar

As part of its support for the sustained development of the Small and Medium Enterprises (SMEs) sector of the Nigerian Economy, FirstBank Plc, through its SMEConnect platform, has created ‘Open Seminars’ which will take place in various parts of the country with kick off edition in Port Harcourt, Rivers State early May.

The Seminar series with an overriding theme of ‘We can help with that’, is a one-day workshop, which is also scheduled to take place in Kaduna, Abuja, Enugu, Ibadan, Kano, Jos and Lagos in subsequent months...Read More

Culled from Tribune

FBN Capital eyes $4b oil, gas financing

FBN Capital would be involved in oil and gas projects financing deals worth $4 billion this year alone, with a chunk of the funds going into assets divested by the international oil companies (IOCs), which are being acquired by the firms, it was learnt...Read More

Culled from The Nation


25-April-2014

FirstBank: Resilient through the Ages

As FirstBank continues to attract local and international recognition as an outstanding brand, Raheem Akingbolu takes another look at the 120-year old brand.

Within and outside the financial sector, the name FirstBank has become synonymous with success. This obviously explains why brand management experts now make reference to brand FirstBank at different fora as case study for custodians of smaller companies, who are looking curiously into a brighter future....Read More

Culled from This Day


24-April-2014

FBN Capital may Fund IOCs Asset Divestment

The Managing Director/Chief Executive Officer, FBN Capital, Mr. Kayode Akinkugbe, has said the company hopes to play a role in arranging finances in the ongoing oil and gas asset divestment by International Oil Companies operating in the country.

Akinkugbe, in an interview with our correspondent, recalled that the company was very active in the power sector last year as it arranged a number of oil and gas deals...Read More

Culled from Punch

First Bank Pledges support for Nigeria’s WEF Hostin

The management of First Bank of Nigeria Limited, on Wednesday in Lagos, pledged support for the World Economic Forum on Africa (WEFA) holding for the first time in Nigeria from Wednesday, May 7 to 9, 2014 in Abuja.

According to the bank’s spokesperson Folake Ani-Mumuney, “FirstBank is happy to be playing a leading role at the foremost economic gathering on the continent; which will bring together regional and global leaders to discuss innovative structural reforms and investments that can sustain the continent’s growth while creating jobs and prosperity for all its citizens.”...Read More

Culled from Daily Independent


22-April-2014

Globalising SMEs through First Bank’s Social Commerce Portal

Small businesses are the engine of growth in any capitalist economy. Records from the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) indicate that Micro, Small and Medium Enterprises (MSMEs) contribute 46.54 percent to Nigeria’s Gross Domestic Product, GDP. Also, available statistics show that small businesses make up more than 99.7 per cent of all employers in the United States of America and create more than 50 per cent of the non-farm private Gross Domestic Product (GDP)...Read More

Culled from Tribune

First Bank Partners Cadbury’s Bournvita, Others

In partnership with First bank, Cadbury’s Bournvita and Alexander Forbes among others; ‘God’s Children’s Got talent’, the pioneer Christian Children’s talent hunt programme, initiated by the City of David parish of the Redeemed Christian Church of God province 4 has now reached quarter finals.

Making the announcement following series of auditions, Pastor Idowu Iluyomade; Head of Apapa family explained that the mission of the project is to provide a credible platform for the celebration of talent in God’s children...Read More

Culled from Nigerian Pilot

FBN Microfinance Bank Leverages Technology for Growth Expansion

FirstBank Microfinance Bank Limited, with 23 branches in Lagos, seeks to expand its operations to other states of the federation, specifically Ibadan, Oyo State, and Abuja, FCT, among others.

This is in response to the demand by people living outside Lagos to set up FBN MFB in other areas.

In its expansion drive, the bank will be looking at growth both by way of physical brick and mortal and by way of technology...Read More

Culled from Business Day


15-April-2014

Otudeko advises Oyo on economic growth

The Chairman, First Bank of Nigeria Holding Plc, Oba Otudeko, has said for Oyo State to take advantage of the investment opportunities that abound in the state, government must show commitment to infrastructural development and access to large market.

Speaking at the state economic summit in Ibadan on Monday, which was declared open by the state governor, Abiola Ajimobi, Otudeko, who was the chairman of the panel of discussants, made reference to the thriving economy of Singapore, with less population and economic advantage than Oyo...Read More

Culled from Punch

First Bank partners Oyo State on economic development

AS part of its strategic initiatives to drive financial empowerment and boost economic development, FirstBank of Nigeria Ltd, is teaming up with the Oyo State government to ensure that the state’s  summit scheduled to take place between Monday, April 14 (today) and Tuesday, April 15, 2014 would be successful.  A statement signed by Marketing & Corporate Communications, FirstBank, Mrs Folake Ani-Mumuney, said the summit would take place at the Ibadan Civic Centre, Idi-Ape, Ibadan, Oyo State...Read More

Culled from Nigerian Tribune


10-April-2014

Adelabu assumes duty as CBN Deputy Governor

Two weeks after his confirmation by the Senate, Mr. Adebayo Adelabu on Wednesday formally assumed his new role as the Deputy Governor of the Central Bank of Nigeria.

The development was confirmed by a statement by the apex bank.

The statement stated that Adebayo, who was accompanied to the Bank by his aides, was welcomed by the Deputy Governor, Corporate Services, Alh Suleiman Barau... Read More

Culled from Punch


09-April-2014

Marketing Edge Celebrates 10th Anniversary with Summit

As part of activities to mark a decade of operation, a Nigerian brand and marketing publication, Marketing Edge, is set to hold a marketing stakeholders’ summit and a legacy award night.

The event, which will hold on Friday, according to a statement by the company, will feature a marketing stakeholders’ summit with the theme: ‘Exploding the Myths of Advertising and Marketing Communications Industry in Nigeria.’... Read More

Culled from Punch


07-April-2014

FirstBank Celebrates Low - Keyed 120th Anniversary 

The television commercial opened with “man pass man, bank pass banki ooo… FirstBank, na you be number one… the bank wey stand well for ground gidigba, don reach 100 years old.”

It did not take too long for the celebrated commercial to become a household name and on the lips of every other person on the streets across Nigeria, as the bank rolled out the drums to mark 100 years of offering banking and financial services to the country.... Read More

Culled from Daily Independent


04-April-2014

FBN, Ecobank Seal $170m Financing Deal  

Seven Energy International Limited and its wholly-owned subsidiary, Accugas Limited have closed a $170 million 5-year medium-term acquisition finance facility with FBN Bank (UK) Limited and Ecobank Nigeria Limited.

FBN Capital Limited acted as the structuring bank, sole initial mandated lead arranger, and financial modelling bank, as well as global facility coordinator, while Aluko & Oyebode acted as the lender’s legal counsel. Royal HaskoningDHV Nederland BV represented the lenders on environmental and technical due diligence matters... Read More

Culled from This Day


02-April-2014

First Bank: The story of dynamism, service and resilience  

That an enterprise is 120 years old, and still standing like an Iroko tree, is by all standards a rare feat.

First Bank from its humble beginnings as Bank of British West Africa (BBWA) incorporated on March 31 1894, following the entrepreneurial initiative of Alfred Lewis Jones a Liverpool based shipping magnate to its giant state today as First Bank, three attributes are quite discernible about its presence in Nigeria. The Bank has been quite dynamic adjusting its operations and relevance to changing economic landscapes; offered remarkable service to diverse banking publics and showed resilience as it navigated with resounding victory the murky banking and financial industry of Nigeria... Read More

Culled from Business Day


New acquisitions delay FBN’s 2013 account submission

New acquisitions made by FBN Holdings Plc during the 2013 financial year is presently frustrating timely submission of its year end reports and accounts for December 31, 2013 to the Nigerian Stock Exchange, NSE.

Usually, quoted companies are required to submit their year end financial statement to the NSE latest three months after the end of the financial year.

FBN had late last year concluded transaction for the acquisition of West African banking assets of International Commercial Bank (ICB) Financial Group Holdings in Ghana, Guinea, Gambia and Sierra Leone... Read More

Culled from Vanguard

First Bank Plc has expressed willingness to support the funding of a $1.3billion fabrication contract by Kaztec Engineering, a subsidiary of the Chrome Group, awarded by Addax Petroleum. - See more at: http://www.vanguardngr.com/2014/09/first-bank-fund-kaztecs-1-3bn-addax-contract/#sthash.aX38yLuX.dpuf