Nigerians have shared divergent opinions on the recently released new banknotes by the President Muhammadu Buhari administration. The Central Bank of Nigeria, CBN, on Wednesday announced the entry of the new notes into the country’s financial space. The CBN boss,…
THE 61ST FIRSTBANK LAGOS AMATEUR OPEN GOLF CHAMPIONSHIP TEES OFF THIS FRIDAY
In furtherance of its commitment to the development of sports in Nigeria, First Bank of Nigeria Limited has announced that the 61st edition of the FirstBank sponsored Lagos Amateur Golf Championship has been scheduled to tee-off at the golf section…
Nigerian banks’ assets rise by N10tn, hit N66tn
Nigerian banks’ assets gained N10tn between August 2021 and August 2022 to hit N66.76tn, the latest figures from the Central Bank of Nigeria have revealed. The CBN disclosed in the personal statement of a member of the Monetary Policy Committee,…
Nigeria’s inflation rises to 21.09%
The National Bureau of Statistics (NBS) on Thursday said Nigeria’s inflation has risen to 21.09%. NBS in its consumer price index (CPI) report for October 2022 disclosed that the consumer price index (CPI), which measures the rate of change in…
Currency speculators lose, as FX market dynamics change
Currency dealers who have been stockpiling dollars in expectations of further decline in in the exchange rate of the Naira have started offloading the greenback at a loss as the Nigerian Naira gained massively against the US Dollar at the…
FBNBANK UK STANDS TALL AT 40, APPRECIATES ITS CUSTOMERS AND REGULATORS
FBNBank UK, a subsidiary of FirstBank Group had London, the United Kingdom painted blue as it celebrated its 40th anniversary, themed Partnership Beyond Borders, on Friday, 11 November 2022. The event which had customers, members of government functionaries and the…
Bill Gates ex-wife finds love with former TV reporter
American business magnate, Bill Gates’ ex-wife, Melinda French Gates has been given another chance at love. The former computer scientist and general manager at Microsoft found love in the arms of John Du Pre, a former TV correspondent for Fox News Channel in the late 90s and early…
BUHARI CONGRATULATES FBN ON 40 YEARS OF CROSS-BORDER BANKING IN UK
President Muhammadu Buhari has congratulated the Board, Management, and Staff of First Bank of Nigeria Limited (FirstBank) for cross-border services through FBNBank UK in the United Kingdom for 40 years, sharing almost 130 years of banking experience. In a statement…
MTN leads gainers as Nigeria’s active mobile subscriptions hit 211.8 million in September 2022
Active subscriptions for telecommunications services across the mobile networks of MTN, Airtel, Glo, and 9mobile rose to 211.8 million in September. This is according to the latest industry data released by the Nigerian Communications Commission (NCC). The data shows that the increase was…
FIRSTBANK SPONSORS FIFTH CHUKKER AFRICAN PATRONS CUP POLO TOURNAMENT
Kaduna is agog with excitement as preparation for this year’s First Bank of Nigeria Limited sponsored Emir of Zazzau African Patrons Cup and Breast Cancer Awareness Campaign gathers momentum. The African Patrons cup is an annual polo tournament which features…