Home Topics First Bank of Nigeria
First Bank of Nigeria
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.
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.
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.
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.
A civil servant with Benin Owena River Basin Development Authority (BORBDA), Mr. Monday Isiorh Okoh, has been sentenced to 35 years in jail for mismanaging the agency’s N2.5 million.
A suit has been filed asking the ECOWAS Court of Justice to “order the government of President Buhari to deduct the pensions, salaries and gratuities of pensioners and workers from the statutory allocations of indebted state governments and pay the same directly to the pensioners and workers on a monthly basis”.
They want immediate payment of all outstanding pensions, salaries and gratuities through deductions from statutory allocations of the indebted state governments, and payment of adequate money compensation of N50 million to each of the pensioners and workers.
The Economic and Financial Crimes Commission (EFCC) is investigating the Ayodele Fayose government in Ekiti for alleged diversion of over N680million meant for salaries and pension of civil servants .
The Federal Government has revealed how five officials allegedly diverted the sum of about N3.2bn belonging to the Association of Local Governments of Nigeria in Benue State within 71 months.
A Karmo Grade 1 Area Court, Abuja, on Thursday sentenced one Ibrahim Ahmed, a house agent, to 16 months imprisonment for absconding with a prospective tenant’s N1,650,000.
The Federal High Court in Lagos has ordered that a $37.5m mansion on Banana Island, Lagos linked to a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, be permanently forfeited to the Federal Government.
First Bank of Nigeria (FBN) says the Nigerian Banks who took over 9mobile — formerly known as Etisalat Nigeria — are stabilising the telecommunication company before looking for new investors to buy into the company.
The Embassy of Ecuador refutes fake news published by several media houses over Ecuador and Nigeria signing a visa-free agreement for Nigerian citizens.
Prof. Olusegun Ajibola, immediate past president, Chartered Institute of Bankers of Nigeria (CIBN), on Thursday criticised the National Assembly for tampering with provisions for critical projects in the 2018 budget.
The chief rival to President Recep Tayyip Erdogan in this weekend's presidential polls on Thursday vowed to transform Turkey as he rallied hundreds of thousands of people in one of the biggest opposition election rallies in years.
President Muhammadu Buhari on Thursday declared open the 2018 International Press Institute World Congress with a call on journalists worldwide to address the menace of fake news and hate speech for the good of humanity.
The candidate of the All Progressives Congress (APC) in the July 14 governorship election in Ekiti state, Kayode Fayemi, says he increased teachers’ salaries when he was in power but Ayodele Fayose, his successor, has not paid them in 10 months.
Men of the Federal Capital Territory (FCT) Police Command have arrested two suspected killers of one Charity Aiyedogbon, who got missing in May 2016.
As Nigeria continue to lament the 0-2 loss to the Vatreni of Croatia, former Super Eagles defender, Mobi Okparaku, says the team could still qualify from their Group D.
The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with $210 million to meet customers’ requests in various segments, Isaac Okorafor, Acting Director, Corporate Communications, said.
An India forestry ranger found himself in a bind after a python briefly strangled him while he posed for pictures with the giant snake.
An attempt to kidnap a Deputy Comptroller of Customs, her younger brother and her son was thwarted on Saturday by police detectives attached to Area-D- Police Command, Mushin, Lagos.