First Bank
Court rules on First Bank, Nduka Obaigbena battle over alleged $225.8m debt
The Federal High Court in Lagos has reportedly ordered that the assets of $225m linked to Nduka Obaigbena and others, following a debt recovery suit by First Bank.
Drama in First Bank as shareholders reject calls for Otedola’s removal
Some First Bank shareholders have revealed that they support Femi Otedola's position as chairman, saying the call for his removal is unnecessary.
First Bank reacts to reports on plans to remove Otedola as chairman, assures customers
FBN Holdings Plc (FBNH or the Company) has reacted to reports that some shareholders have plans to remove Femi Otedola as chairman of the financial company.
List of Nigeria’s most valuable banks as Access other banks exceed CBN’s recapitalisation demand
Ten Nigerian banks have emerged as the most valuable on the Nigerian Exchange Limited (NGX) amid CBN's recapitalisation requirement demands last year.
First Bank reportedly sacks 100 senior staff in major shakeup after name change
First Bank has reportedly laid off about 100 senior staff members in a major restructuring after embarking on a new name change at its last General Meeting.
Year in review: Shell leads top Nigerian mergers and acquisitions deals recorded in 2024
The value of mergers and acquisitions (M&A) recorded in 2024 in Nigeria was some of the biggest in the West Africa region and the whole continent.
Boss celebrates his mechanic who returned N10 million mistakenly sent to his First Bank account
A Nigerian boss stormed his mechanic's workshop to celebrate him for returning N10 million a customer mistakenly sent to his account. He gifted him cash.
US-based rating agency predicts tough 2025 for Access, Zenith, other Nigerian banks
Fitch Ratings has predicted a challenging 2025 for most Nigerian banks, saying the financial institutions will face difficulties due to a difficult environment
Nigerian banks lose N42.33 billion in 6 months, data shows top fraud channels
A recent report has shown that Nigerian banks lost about N42.33 billion in fraud-related cases in the first six months of this year, with fraud in branches topping.
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