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…

How FirstBank Employees are Making a Difference in their Immediate Environments Through the SPARK Initiative

Every other day, social media brings us a picture or video of a dilapidated school somewhere in Nigeria or shares images of a distraught widow, a struggling roadside trader or street hawker, or some other hapless victims of the extremely…

Half-Year Report: Nigeria’s top five banks post small profit rise as key income dwindles

In the first half of 2021, Nigerian lenders were confronted with the gruelling task of finding their way to recovery. A year earlier, the emphasis had been on escaping the ravages of the pandemic outbreak and then survival. The five…

Who Owns You; Instagram, WhatsApp Or Facebook? By Chido Nwangwu

The fact of the matter is that some people did not believe that Facebook would let three of its mega-sites to go down, at the same time — arising from some configuration updates!  market capitalization value is currently US$922 billion.…