From showcasing of talents, to the art of fashion design, identifying youths in the food business and lots more, Nigeria’s leading financial services providers, First Bank of Nigeria Limited has reiterated its commitment to Youth Empowerment and Entrepreneurship through the…
Foreign Currency Inflows Dropped to $1.83bn in 2020, Year of Covid – CBN
The central bank explained that this was used to fund Bureaux De Change (BDC) operations, payment of estacode and Personal Travel Allowances (PTA) to Ministries, Departments and Agencies (MDAs). The CBN stated that receipt and authentication of foreign currency deposits…
FIRSTBANK LAGOS AMATEUR OPEN GOLF CHAMPIONSHIP, THE LONGEST-RUNNING GOLF CHAMPIONSHIP IN NIGERIA BEGINS
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the commemoration of the 2021 and 60th edition of its annually sponsored Lagos Amateur Golf Championship. The tourney is scheduled to Tee-Off at the golf…
BOOSTING SMES GROWTH THROUGH FIRSTSME ACCOUNT
First Bank of Nigeria Limited created FirstSME Account to add to its SME product family in support of small and medium scale business owners by sustaining and expanding their business. AMAKA IFEAKANDU looks at what the facility offers and how…
Oil steadies near $85 as supply lags, U.S. inventories eyed
LONDON (Reuters) -Oil steadied near $85 a barrel on Tuesday, not far from a multi-year high, supported by signs that supply from OPEC and other producers is falling short, although expectations of a rise in U.S. inventories was weighing. The…
FIRSTBANK REINFORCES SUPPORT FOR GEORGIAN CUP TOURNAMENT, SPONSORS THE 102ND EDITION IN KADUNA.
First Bank of Nigeria Limited, the title sponsor of one of polo’s most prestigious trophy, the Georgian Cup is grabbing all the headlines and attention as the 102nd edition of the competition gets underway in Kaduna. The competition, scheduled to…
Access Bank to merge newly acquired Zambian unit with African Banking Corp
The agreement sets in motion the quest to broaden Access Bank’s presence in the Southern African country to 70 branches and agencies, customer base to 300,0000 and total assets with a value in the neighbourhood of $1 billion through the…
Q3’21: UBA’s gross earnings hit N490.3bn, reports 37% profit growth
United Bank for Africa, UBA Plc has recorded N490.3 billion gross earnings for the third quarter ended September 30, 2021 (Q3’21), representing eight percent increase over N454.4 billion posted in the corresponding period in 2020. Highlights of the bank’s financial…
Osinbajo to headline NGX capital market conference on Nov 30
The Nigerian Exchange Ltd (NGX) is set to host the Vice President, Prof. Yemi Osinbajo, at the inaugural Nigerian capital market conference slated for Nov. 30. The Chairman of the NGX, Mr Abubakar Mahmoud, disclosed in a statement made available…
FIRSTBANK PARTNERS NIBSS TO DRIVE DIGITAL PAYMENT CONVENIENCE WITH NIGERIA QUICK RESPONSE (NQR)
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services organisation has announced its partnership with Nigeria Inter-Bank Settlement System plc (NIBSS) on its recently launched Nigeria Quick Response (NQR) Payment Solution. The NQR is an innovative payment…