Archives Tag: First Bank

E-Commerce

First Bank Has Doubled Daily Transaction Limits On Its FirstMobile App

April 19, 2022

Customers of First Bank who make use its FirstMobile App will now be able to carry out daily transactions on the app worth a maximum of ₦1 million. This represents a doubling of the limit for transactions, which until recently was fixed at ₦500,000. The bank has also increased the maximum daily amount of money … Continue reading First Bank Has Doubled Daily Transaction Limits On Its FirstMobile App

Post Image

BUSINESS News

Dangote, First Bank On The List Of Top 100 Nigerian Companies

April 19, 2022

The Federal Government of Nigeria on Monday made known the top 100 companies in Nigeria for the 2014 fiscal year. Dangote, First Bank, Chevron, Nigerian Breweries Plc and Flour Mills of Nigeria were some of the companies that made the list. The government said the Top 100 Companies Award fixed for December 1, the first … Continue reading Dangote, First Bank On The List Of Top 100 Nigerian Companies

Post Image

BUSINESS

Western Union, First Bank Launch Outbound Service in Nigeria

April 19, 2022

The Western Union company, a leader in global payment services, has announced the launch of the outbound remittance service in Nigeria. Since the Western Union Money Transfer service was launched in Nigeria in 1995, consumers in the country have only been able to receive funds via the service. This launch therefore represents a significant milestone … Continue reading Western Union, First Bank Launch Outbound Service in Nigeria

Post Image

BUSINESS News

First Bank, GT Bank, Zenith Others Make Banker Magazine Top 1000 Banks in The World

April 19, 2022

  Some of Nigeria’s financial institutions have been recognised as being part of the top 1,000 banks in the world by the Banker Magazine, part of the Financial Times of London. 13 Nigerian banks made the list with Zenith Bank (ranked #293), GT Bank (#415) and First Bank (#424) coming ahead of other Nigerian Banks. … Continue reading First Bank, GT Bank, Zenith Others Make Banker Magazine Top 1000 Banks in The World

Post Image

BUSINESS News

First Bank to Raise About $500 Million Through Eurobond

April 19, 2022

One of Nigeria’s respected financial institutions, First Bank, is reportedly set to raise fresh capital through the issuance of a new Tier-2 subordinated Eurobond. According to media reports, the bond will kick off the road show on Thursday in London, preparatory to the issuance of the dollar-denominated instrument. First Bank plans to raise between $300 … Continue reading First Bank to Raise About $500 Million Through Eurobond

Post Image

BUSINESS ECONOMY News Stock Market

Nigerian Banks Are Best Buys in Sub-Saharan Africa – Exotix

April 19, 2022

Exotix Limited, a United States registered broker and member of FINRA and SIPC has endorsed Zenith Bank Plc, Access Bank Plc and United Bank for Africa Plc among the top five Nigerian lenders worthy of investment. Exotix noted that the said banks are good buys due to their valuation and growth potential. Kato Mukuru, an analyst at Exotix … Continue reading Nigerian Banks Are Best Buys in Sub-Saharan Africa – Exotix

Post Image

BUSINESS International News

First Bank, GTBank and Zenith Named Among World’s Most Valuable 500 Banks

April 19, 2022

Three Nigerian commercial banks – First Bank Plc, Guaranty Trust  Bank Plc, and Zenith Bank Plc – have been named among the World’s 500 Most Valuable Bank Brands in 2014 global rankings. The listing was done by Brand Finance Plc’s The Banker/Brand Finance Banking 500 annual study, which is the World’s leading Brand Valuation Consultancy. … Continue reading First Bank, GTBank and Zenith Named Among World’s Most Valuable 500 Banks

Post Image

EDUCATION News Philanthropy

First Bank Plc Donates N44m for Sports Facilities in Schools

April 19, 2022

First Bank of Nigeria Plc, in its bid to strengthen sports development and enhance student health and well-being through physical recreational activities in secondary schools, has donated sporting facilities totaling N44 million to Queens and Kings College Lagos. The bank, under its corporate responsibility and sustainability initiatives, constructed a 450 seat sports pavilion at Queens … Continue reading First Bank Plc Donates N44m for Sports Facilities in Schools

Post Image

BUSINESS News

GTBank and 3 Other Banks Raise $1.45Bn from International Capital Markets

April 19, 2022

Guaranty Trust Bank Plc., First Bank of Nigeria Plc., Access Bank Plc., and Fidelity Bank Plc. have raised $1.45 billion (N227.65 billion) from the creation of sovereign benchmark in the International Capital Market, ICM, the Debt Management Office, DMO, has announced. The News Agency of Nigeria, NAN, reported that Abraham Nwankwo, the DMO Director-General, disclosed … Continue reading GTBank and 3 Other Banks Raise $1.45Bn from International Capital Markets

By sheyi

Post Image

BUSINESS Energy

Privatized Power Holds Opportunity in Nigeria, First Bank Research Reveals

April 19, 2022

A research by First Bank has revealed that privatized power in Nigeria, holds opportunity for investors and consumers. In its Research Weekly publication, the Bank submitted that “the inherent potentials in power distribution business in Nigeria was also based on recent reports that distribution companies generated N189 billion ($1.18 billion)  a year to date as … Continue reading Privatized Power Holds Opportunity in Nigeria, First Bank Research Reveals

By sheyi

Post Image

BUSINESS CAREER

First Bank Academy Graduates 87 Students

April 19, 2022

First Academy Foundation, a tier one training school of First Bank, has graduated 87 students after a 16-week long programme.  The strategic business training, unveiled in February 2012, exposes students to top quality banking practices and sets of procedures for the financial sector. “We usher our distinguished graduands into the First Bank family after completing … Continue reading First Bank Academy Graduates 87 Students

Post Image

EDUCATION Philanthropy

First Excel Series, A Youth Empowerment Initiative By First Bank, Is Launched

April 19, 2022

First Bank has launched a youth empowerment initiative, First Excel, for students in federal higher institutions, to motivate, inspire and encourage them towards their dreams. The program will be held across the country and will commence on February 26 at the University of Lagos, and continue on February 28 at the University of Ibadan. There … Continue reading First Excel Series, A Youth Empowerment Initiative By First Bank, Is Launched

Post Image

SPORTS

Monopoly debuts City of Lagos Edition Next Week

April 19, 2022

Bestman Games present the first city in Africa edition of monopoly game in Lagos. This will be called the ‘City of Lagos Edition’ and will launch on December 11. Monopoly is the biggest board game globally and many played it in Nigeria while growing up. The game was brought in, in partnership with the Lagos … Continue reading Monopoly debuts City of Lagos Edition Next Week

By david

Post Image

News

No more N100 withdrawal charges if you don’t use the ATM of your Bank

April 19, 2022

The Central Bank of Nigeria, continuing in its reforms and positioning the Nigerian Banking Industry to match its global competitors, has put an end to inter-bank charges of N100 when customers use ATM machine other than their Banks’.  This comes weeks after Diamond Bank stopped charging its consumers for using ATMs provided by other Banks. … Continue reading No more N100 withdrawal charges if you don’t use the ATM of your Bank

Post Image

TECH

Etisalat Launches Mobile Wallet: Easy Wallet

April 19, 2022

Etisalat recently launched a mobile commerce solution for its customers in Nigeria. The Easy Wallet is a fully functional wallet that offers a wide range of mobile banking and payment solutions to Etisalat customers. With the easy wallet, you can: Pay for goods and services Pay DSTV bills Transfer money between bank accounts Withdraw money … Continue reading Etisalat Launches Mobile Wallet: Easy Wallet

Post Image