FirstBank introduces contactless naira MasterCard

First Bank of Nigeria Limited has said the addition of contactless naira MasterCard to its array of debit cards will promote convenience, ease of transactions and the security of funds. FirstBank debit cards, according to a statement, are acceptable nationwide and globally, and can be used to withdraw cash and access value-added services including bills […]

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FBN gets re-elected into PCI Security Standards Council board

First Bank of Nigeria Limited has been re-elected into the board of advisors of the Payment Card Industry Security Standards Council for the third consecutive time. The lender, in a statement, said the development was in line with its corporate governance and risk management stance. The PCI SSC is an open, global forum for the […]

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First Bank Nigeria

FBN lead others in “The Top 500 Banking Brand”

First Bank of Nigeria Limited has been named as the most valuable banking brand in Nigeria in ‘The Top 500 Banking Brands of The Banker magazine of the Financial Times and Brand Finance, London, United Kingdom’ for the sixth consecutive time. According to a press release issued yesterday by the Country Representative – Nigeria of […]

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First Bank Nigeria

First Bank gets ISO 9001: 2015 quality management systems certification

Nigeria’s most valuable bank brand First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc, has achieved the Quality Management Systems certification from the International Standards Organisation (ISO). The certification also known as the ISO 9001:2015 is the latest version of ISO quality standards and FirstBank is the first in the financial services sector […]

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First Bank Nigeria

Allegation of forgery against our staff mischievious – First Bank

First Bank Nigeria Limited has described the purported allegation of forgery against its officers by the promoters of Zone 4 Energy Limited as false and mischievious. The bank explained in a statement that Zone 4 Energy Limited maintains a business relationship with FirstBank and had been availed of import finance petroleum lifting facility following their […]

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FirstBank, NBCC partner on MSME development

First Bank of Nigeria Limited has entered into partner the Nigerian-British Chamber of Commerce (NBCC) to jointly host a Micro, Small & Medium Size Enterprises (MSME) workshop with the theme: “Fundamentals of Building a Sustainable Business”. According to FirstBank, the two day workshop is scheduled to hold on the 1-2 of September, 2016 in Lagos. […]

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First bank, FCMB, Two Other Banks named in Katsina SURE-P N5bn cash withdrawal

Four banks were on Thursday named in the alleged cash withdrawal of over five billion naira belonging to the Katsina State Subsidy Reinvestment and Empowerment Programme during the tenure of former Governor Shehu Shema. They are Sterling Bank, FCMB, First Bank Plc and Fidelity bank. The allegation was made during the continuation of the sitting […]

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First Bank dismisses involvement in alleged N11.2b fraud in NPA

First Bank of Nigeria at the weekend absolves itself of any involvement in the alleged N11.2 billion fraud at Nigerian Ports Authority (NPA). This came as a response to an online medium, PREMIUM TIMES’s report on Saturday that the new management of the NPA has uncovered an alleged fraud totalling N11.23 billion involving the foremost […]

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UBA, First Bank, Fidelity, Ecobank disburse forex to BDCs

No fewer than four commercial banks yesterday disbursed the first batch of diaspora inflow-related foreign exchange (forex) to over 350 bureaux de change (BDCs), as directed by the Central Bank of Nigeria (CBN). United Bank for Africa (UBA) Plc, First Bank, Fidelity Bank Plc and Ecobank Nigeria Limited, sold the regulatory $30,000 weekly to each […]

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FBNH completes sale of FBN Microfinance Bank to Botswana’s Letshego Holding

First Bank of Nigeria Holding (FBNH), has finally completed the sale of FBN Microfinance Bank to Letshego Holdings a Botswana based financial institution. The bank announced last December that it has applied for the Securities and Exchange Commission (SEC) approval for the deal, the company has obtained its board approval to dispose of the unit […]

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First Bank expands African operations to Senegal

Nigeria’s foremost financial institution, First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc has announced that FBNBank Senegal, formerly registered as International Commercial Bank (ICB), has commenced operations. According to a statement by the bank, the unveiling was part of the integration process and agreement reached by FirstBank and International Commercial Bank Financial […]

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