07 February 2019, Lagos, Nigeria – First Bank of Nigeria Limited and Azuri Technologies, a leader in pay-as-you-go solar technology, today announced a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power…
FirstBank partners the Nigerian Army to deepen financial inclusion
By Saidu Adamu (NAN) The Nigeria Army in conjunction with First Bank of Nigeria Limited on Tuesday launched “Agent Banking Scheme” for army personnel at the 20 Battalion Serti in Taraba. The Chief of Army Staff, Lt. Gen. Tukur…
The Inter-Governmental Action against Money Laundering and Terrorists Financing in West Africa, has observed a reduction in terror financing and money laundering activities among member countries of the Economic Community of West African States in 2018. GIABA is an institution…
Dollar Weakness in Focus ahead of a Busy Week
Dollar weakness remains the main focus in rather directionless markets today. The greenback suffered steep selloff last Friday on rumors that Fed would discussing cutting short the balance reduction process. And Dollar will face a number of key events this…
CBN Commends North-east Farmers For Paying Loans
The Director of Development Finance of the Central Bank of Nigeria (CBN), Mr Mudashiru Olaitan, has commended farmers in the north-east for paying the loan granted to them by the bank under its Anchor Borrowers Programme (ABP). Olaitan who gave the commendation yesterday in…
FirstBank set for exciting engagement with customers at Social Media Week 2019
Nigeria’s Premier and foremost financial services provider, First Bank of Nigeria Limited, has announced its sponsorship of the 2019 Social Media Week (SMW), Lagos, scheduled to start on Monday 4 February 2019 and end, 8 February 2019. The 2019 event…
Treasury to borrow $1 trillion for second straight year to finance deficit: report
The Treasury Department is projected to borrow $1 trillion for the second year in a row to finance the deficit, according to Bloomberg News. Bloomberg reported the projection Monday ahead of a quarterly refunding announcement on Wednesday that is expected to show…
4 ways to stick with your financial resolutions all year long
It’s almost the end of January and keeping our financial resolutions in check will only get harder as the year goes on. As we reach the end of the Yahoo Finance January No-Spend Challenge, we talked to financial experts for…
VAT will be increased in 2019, says finance minister as FG introduces new revenue initiative
The Federal Government on Wednesday introduced the Strategic Revenue Growth Initiative to generate more revenues to finance national development. The Minister of Finance, Mrs Zainab Ahmed at the official inauguration of the initiative in Abuja said that the aim was…
Polaris Bank for sale after 2019 polls
The latest bridged financial institution in Nigeria, Polaris Bank Limited, is ready for sale but the entire process would be on hold for now pending the conclusion of the elections when publications for Expressions of Interest (EoIs) would commence. The…