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First Bank of Nigeria

Ibukun Awosika: Nigeria can indeed earn forex through migration

Ibukun Awosika, Chairman, First Bank of Nigeria (FBN), has stated that Nigeria can indeed earn a lot of foreign exchange (FOREX) from the movement of its citizens to other countries.
Abiodun Adedipe

Economist challenges classification of Nigeria as world poverty capital

Nigeria is not the poverty capital of the world, Abiodun Adedipe, an economist and member of the Nigerian Economic Summit Group, has said.

Account manipulation: Company slams N25 billion suit against First Bank, FIRS

An indigenous company, Biatemp Ventures Ltd. has sued First Bank of Nigeria and the Federal Inland Revenue Services (FIRS), demanding N25 billion special and general damages over alleged manipulation of its domiciliary account and illegal withholding of its tax clearance certificate.

Official: First Bank’s mobile money 22,000 agents process over $490 million transactions monthly

First Bank of Nigeria has said that its efforts to deepen financial inclusion in Nigeria has grown its network of mobile money agents to over 22,000 agents.

Elizade university introduces basic medical science courses

The Vice-Chancellor of Elizade University, Ilara Mokin, Ondo State, Professor Olukayode Hamund, has said the institution would from next academic session, start running courses in basic medical sciences.

Emir Sanusi: My post-election resolution is to avoid controversies

The Emir of Kano, Muhammadu Sanusi II, has resolved to avoid controversies after the recent elections that took place in the country.

Court orders First Bank to pay 2015 retirees’ entitlement

The National Industrial Court, Abuja, on Tuesday ordered First Bank of Nigeria Plc to pay its 2015 retirees their entitlements.

Banks commit N10 billion loans to firms

First Bank of Nigeria and Access Bank have committed N10 billion loan to firms that have good credit ratings.

Ibukun Awosika tasks women to shun extravagance to grow wealth

The Chairman of First Bank of Nigeria (FBN), Mrs Ibukun Awosika, has challenged women in the country to shun extravagant lifestyle and unnecessary spending if they desired to grow their wealth.

EFCC freezes Benue, Akwa Ibom government accounts

The Economic and Financial Crimes Commission (EFCC) has frozen three bank accounts belonging to the Benue and Akwa Ibom State governments.

First Bank launches WhatsApp chat banking

Determined to ensure effective service to its customers, First Bank of Nigeria on Thursday unveiled its chat banking on WhatsApp.

ICPC recovers 17 vehicles from ex-FAAN officials

The Federal Airports Authority of Nigeria (FAAN) on Tuesday received 17 official vehicles recovered from the agency’s ex-officials by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

CBN gives incentives to importers using Chinese Yuan

The Central Bank of Nigeria (CBN), has come up with fresh incentives for importers as it seeks to replace the use of Dollars with the Yuan as the currency of importation from China. It has also assured Nigerians that it has enough arsenals to defend the Naira.

FirstBank introduces contactless Naira MasterCard

First Bank of Nigeria Limited, has announced the introduction of the Contactless Naira MasterCard, added to its array of debit cards, to promote convenience, ease of transactions and the security of funds.

Experts: MPR retention in line with expectations

Mr Sewa Wusu, Head of Research and Investment Advisory at SCM Capital Ltd., said the Monetary Policy Committee (MPC) retention of all monetary variables at current levels was expected.

2018: Nine banks to meet new central bank dividend payout policy – report

The SBG Securities (Pty) Limited of South Africa, a wholly owned subsidiary of the Standard Bank Group, has projected that about nine commercial banks in Nigeria would be able to pay dividends this year, despite the adjustment to the dividend payout policy issued by the Central Bank of Nigeria (CBN) recently.

Ex-President Jonathan’s ex-campaign chief Ngozi Olojeme forfeits 38 houses

The Economic and Financial Crimes Commission (EFCC) has traced 38 choice houses to a former Chairman of the Nigerian Social Insurance Trust Fund (NSITF), Dr. Ngozi Olojeme.

EFCC arrests finance chief of ex-President Jonathan’s campaign over alleged N69 billion fraud

The Economic and Financial Crimes Commission has arrested Dr. Ngozi Olojeme, the Deputy Chairman, Finance Committee of the Goodluck Jonathan Campaign Organisation in the 2015 presidential election.

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National Bureau of Statistics NBS

NBS to evaluate impact of corruption on Nigerians

The National Bureau of Statistics said it is collaborating with the United Nations Office on Drugs and Crime, and the Department for International Development to conduct a national survey on how corruption is affecting the average Nigerian.
National Judicial Council | NJC

NJC commends President Buhari for accepting Justice Onnoghen’s retirement

The National Judicial Council (NJC) has commended President Muhammadu Buhari for accepting the voluntary retirement of the immediate past Chief Justice of Nigeria (CJN), Justice Walter Onnoghen.

Uche Secondus urges President Buhari, APC not to muzzle parliament

As lawmakers elect principal officers of the 9th National Assembly today, national chairman of the Peoples Democratic Party, PDP, Prince Uche Secondus, has warned President Muhammadu Buhari and the All Progressives Congress, APC, not to muzzle the legislature and other arms of government.
Serge Gnabry

Serge Gnabry fuels Leroy Sane rumours ahead of Estonia clash

Bayern Munich winger Serge Gnabry said on Monday he would ‘love’ to see Germany teammate and Manchester City star Leroy Sane join him at Allianz Arena.
Senator representing Ondo North District in the National Assembly, Ajayi Boroffice, has accused the state governor, Oluwarotimi Akeredolu, of masterminding the petition against his emergence as lawmaker-elect at the election tribunal for Ondo State.

Senator Boroffice withdraws from race for deputy senate president

Senator Ajayi Boroffice says he has withdrawn from the race for Deputy Senate President of the 9th National Assembly in deference to President Muhammadu Buhari.