FBNBank UK, a member of First Bank of Nigeria Limited and Subsidiaries had London, the United Kingdom painted blue as it celebrated its 40th anniversary, themed Partnership Beyond Borders, on Friday, 11 November 2022. The event which had customers, members of government functionaries and the diplomatic community, regulators, captains of[Read More…]
Business
After October Loss, Nigerian Equities Regain Rally With N194bn Gain
After losing a whopping N2.8 trillion in October 2022, Nigerian equities saw a modest recovery in the first week of November as renewed bargain-hunting drove the market to net capital gain of N194 billion at the weekend. Benchmark indices at the Nigerian Exchange (NGX) at the weekend indicated average return[Read More…]
First Bank Partners CFA Society Nigeria to Host Annual Flagship Event
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its partnership with CFA Society Nigeria to host its annual flagship event, the Universities Ethics Challenge final, scheduled to hold at Radisson Blu Hotel, Victoria Island Lagos on Saturday, 29 October 2022. The Universities Ethics[Read More…]
CBN Grant Approval to MTN, Glo, Airtel, Other Payment Service Banks to Sell Dollar
The Central bank of Nigeria has approved dollar sales by Payment service banks(PSB), Nigerian three telecommunication giants MTN, Airtel Glo, have licences to operate PSB CBN’s decision to allow PSBs to sell dollars will go a long way in reducing the difficulties in getting dollars, especially for online transaction. CBN,[Read More…]
WIMBIZ Announces Advocacy Program and Initiative
Women in Management, Business and Public Service (WIMBIZ), a Nigerian non-profit organization that seeks to inspire, empower, advocate, and connect women, has announced the take-off of its Women advocacy program. WIMBIZ has inaugurated a committee to plan and execute advocacy programs on its behalf.Drawing on its extensive women’s community-building history,the[Read More…]
Junior Achievement Nigeria’s Annual Flagship National Company of the Year Competition in Partnership with FirstBank to hold October 13th, 2022
First Bank of Nigeria Limited has partnered with Junior Achievement Nigeria to implement the 22nd National Company of the Year (NCOY) competition which will be held on Thursday, 13th October 2022. The annual flagship event which was last held physically in 2019 will bring together 12 winning student companies from[Read More…]
Customs Rakes in N182bn in Nine Months
The Nigeria Customs Service, through its Ports & Terminal Multipurpose Limited command says it generated a total of N182bn in revenue between the months of January to September 2022. A statement by the command’s Public Relations Officer, Muhammd Yakubu, said that the figure when compared to the same period in[Read More…]
IMF Warns CBN of Financial Instability with Rate Hikes
The International Monetary Fund has warned that Nigeria and other emerging economies are at risk of financial instability if benchmark interest rates are continuously raised. In a new report entitled, “Interest Rate Increases Volatile Markets Signal Rising Financial Stability Risks,” the global lender noted that to avoid inflationary pressures from[Read More…]
FIRSTBANK COMMEMORATES 2022 CUSTOMER SERVICE WEEK
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its commemoration of the 2022 edition of the Customer Service Week scheduled to be globally celebrated on 3 – 7 October 2022. The event themed: “Celebrating Service” will be marked across its FBNBank subsidiaries in[Read More…]
FIRSTBANK PARTNERS VERVE INTERNATIONAL, MAKES CUSTOMERS MILLIONAIRES IN THE FIRSTBANK VERVE CARD PROMO
In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use[Read More…]