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Afreximbank To Support COVID-19 Struggling Businesses With $150 million

The African Export-Import Bank (Afreximbank) has concluded plans to hand $150 million to Nigerian businesses affected by the Coronavirus outbreak. The fund will be disbursed through First Bank of Nigeria. Afreximbank President and Chairman of its Board of Directors, Benedict Oramah, said

June 14, 2022

Business

First Bank Investors Lost N12.56 billion, As Femi Otedola Take Out N5.76 billion

First Bank of Nigeria (FBN) largest shareholder, Femi Otedola, has sold part of his N30 billion worth of investment in the company, a trading document released by the financial institution on Tuesday has disclosed. Otedola sold 517.93 million shares, in four trading

June 8, 2022

Technology

Nigerian Entrepreneur, Yvonne Johnson, Gets $3 million From Foreign Investors For Her Credit Business

Former First Bank of Nigeria employee, Yvonne Johnson, raises $3 million from foreign investors, including Target Global, which is known to fund Nigerian startups, for her credit agency company, Indicina. Johnson’s Indicina operates in the financial services, helping banks, non-bank lenders and

June 6, 2022

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

Business·Finance & Economy

Imports: Banks Rally Elite Customers For New Product Price Verification Mechanism

Banks are now sending out notices to potential import and export business customers for the first phase of the Central Bank of Nigeria (CBN) workshop on the new Product Price Verification Mechanism in Abuja. The workshop will hold on Thursday February 3,

February 1, 2022

FBN Holdings Join Fidelity Bank To Raise New Capital

Business

First Bank Appoints Three New Executive Directors

FBN Holdings Plc has approved the appointment of three new executive directors to the board of its flagship subsidiary, First Bank of Nigeria Limited. The new appointees are Olusegun Alebiosu as executive director, risk management and executive compliance officer; Oluwatosin Adewuyi as

January 12, 2022

Finance & Economy·News·Top Stories

‘First Bank Holdings Not Aware Of Takeover By Otedola’

FIRST Bank Holdings, owners of First Bank Nigeria, has denied knowledge of a takeover of the company by Femi Otedola, the billionaire reported as having acquired majority shareholding in the firm.

October 24, 2021

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First bank - Page 3

Afreximbank To Support COVID-19 Struggling Businesses With $150 million

First Bank Investors Lost N12.56 billion, As Femi Otedola Take Out N5.76 billion

Nigerian Entrepreneur, Yvonne Johnson, Gets $3 million From Foreign Investors For Her Credit Business

Imports: Banks Rally Elite Customers For New Product Price Verification Mechanism

First Bank Appoints Three New Executive Directors

‘First Bank Holdings Not Aware Of Takeover By Otedola’

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