Total Nigeria laments proliferation of taxes, declares N5.7bn dividend

Total Nigeria Plc has berated the multiple taxes imposed on corporate entities by both the federal and local governments in the country, even as it declares N5.7 billion dividend for the financial year ended December 31, 2018. Addressing shareholders at…

FirstBank CEO, Adeduntan, Sensitizes Children on Acts of Kindness

4th July 2019 News Release The Chief Executive Officer of First Bank of Nigeria Limited, Dr.  Adesola Adeduntan, has encouraged children to cultivate the habit of showing kindness to people around them irrespective of class, race or circumstance. Dr. Adeduntan…

Illegal PoS operators on the prowl

Since the Point of Sales, PoS, terminals emerged as major payment platform in Nigeria’s trade and finance environment about five years ago, some criminal usage of the platform has also emerged.Vanguard MoneyDigest investigations have revealed that criminals and armed robbers…

Top 10 Personal Finance Podcasts By Financial Advisors

With the number of  podcasts now topping 700,000, you can find one for almost any subject or taste. That’s true in the personal finance area, as well, with all manner of money podcasts now available—from funny to serious to technical.…

Access Bank: Nigeria’s Financial Institution Embroiled In Staff Gratuities Scandal

For several weeks, one of Nigeria’s foremost banks, Access Bank, had refused to comment on some underhanded financial dealings involving its former employees. Several phones to its media department had yielded no response. There has been no response to emails…

How to read your bank statement

Do you know how to read your bank statement? Some people never take the time to learn how. Instead, they throw out their statement or delete it from their inbox before taking a closer look. If you are in this…

Federal Government increases borrowing from Pension Funds

Is this good or bad for your pension contributions? The way different people perceive and interpret pension funds’ involvement with financial products issued by the Federal Government has always been a battle of semantics or nomenclature. While some see it as…

FirstBank demystifying financial inclusion with XploreFirst

By News Agency of Nigeria (NAN) Worried by the increasing rate of the unbanked population, the Federal Government, through the Central Bank of Nigeria (CBN), kicked off a campaign in 2012 to achieve 80 per cent financial inclusion of adult…

Oil Prices Appreciate On Tight Market Supply

Oil prices appreciated yesterday as ongoing supply cuts led by OPEC kept markets relatively tight, but Brent remained below $70 per barrel on concerns over an ongoing trade war between the United States and China. Front-month Brent crude futures, the…

PRESS RELEASE…FIRSTBANK CONVENES FIRESIDE CHAT, PROMOTES AWARENESS ON CYBER SECURITY

Lagos, 24 May 2019 – Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited has announced that the fourth edition of its Fireside chat would hold on Friday, 31 May 2019 at its Digital Innovation Lab in…