FirstBank has emerged as Nigeria’s strongest brand in the ‘Nigeria 25 2026’ ranking by Brand Finance. The recognition was announced in a statement issued by the bank on Wednesday in Lagos. The statement said FirstBank earned an AAA+ rating, the highest distinction awarded for exceptional brand strength and market leadership. …
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Court dismisses N3m suit for damages against First Bank
The National Industrial Court in Ibadan, on Tuesday, dismissed a suit by a former employee, Mr Oyetunji Ajao against First Bank of Nigeria, seeking N3 million damages over delay in payment of his retirement benefits. NAN reports that Ajao, who retired from First Bank of Nigeria on May 31, 2008, …
Read More »First Bank invests N15bn to protect systems from hackers
First Bank PL said it had invested more than N15 billion to protect its systems against criminals between January and June 2025. The Chief Executive Officer (CEO) of First Bank, Olusegun Alebiosu, disclosed this in Abuja on Wednesday, June 18, 2025. Alebiosu said the bank had spent N3 billion in …
Read More »First Bank pledges investments to boost SMEs
First Bank of Nigeria Ltd has pledged multi-trillion Naira investments in small businesses by 2025 to harness entrepreneurs’ potential in boosting Nigeria’s Gross Domestic Product. The bank’s Managing Director, Mr Olusegun Alebiosu, confirmed this during an SME Scale Up workshop, sponsored by First Bank and Seven-Up Bottling Company on Friday …
Read More »GHL vs. First Bank of Nigeria: Our story, by Nduka Obaigbena
Chairman of General Hydrocarbons Limited [GHL], Prince Nduka Obaigbena, in this letter to the Governor of Central Bank of Nigeria [FBN], Mr Yemi Cardoso, reproduced in extenso, hereunder, puts in context the disagreement between GHL and FBN as well as highlights the facts of the transaction or deal, and …
Read More »Recruitment: Apply For First Bank Recruitment 2024
Recruitment, apply for First Bank recruitment 2024 Below. Newsextra25 reports that First Bank of Nigeria is a Nigerian multinational bank and financial services company headquartered in Lagos. It is the biggest bank in Nigeria by total deposits and gross earnings. First Bank is recruiting to fill the positions below: Product Manager, Bancassusrance …
Read More »Court Restrains FBN Holdings From Conducting AGM On Aug 22
THE Federal High Court sitting in Lagos has restrained FBN Holdings Plc from holding, conducting or hosting its 12th Annual General meeting scheduled for August 22, 2024, whether virtually or otherwise, pending the determination of a motion for interlocutory injunction filed by an aggrieved shareholder, Tohir Folorunsho Ismaila. Justice …
Read More »First Bank Recovers N456bn Loan From Heritage Bank Before Licence Revocation
First Bank has received the full repayment of a “N456 billion loan” extended to Heritage Bank, a report by Nairametrics has confirmed. This recovery is part of a “bailout loan” arranged during the tenure of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. Quoting to top sources from First …
Read More »First Bank Appoints Ebenezer Olufowose As Chairman
FBN Holdings Plc, has announced the exit of Mr Tunde Hassan-Odukale as Chairman of its subsidiary, First Bank of Nigeria Ltd., following the completion of his tenure. Consequently, the Board of First Bank appointed Mr Ebenezer Olufowose, a Non-Executive Director, as the new Chairman of the Board of Directors of …
Read More »Segun Alebiosun Set To Become Acting CEO Of First Bank
SEGUN Alebiosun, the Executive Director and Chief Risk Officer appears set to be named the acting Managing Director and Chief Executive of Nigeria’s oldest financial institution, First Bank. He is expected to take the job for an interim period until a substantive chief executive is appointed and cleared with the …
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