Dangote, First Bank On The List Of Top 100 Nigerian Companies
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 […]
Western Union, First Bank Launch Outbound Service in Nigeria
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 […]
First Bank, GT Bank, Zenith Others Make Banker Magazine Top 1000 Banks in The World
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. […]
First Bank to Raise About $500 Million Through Eurobond
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 […]
Nigerian Banks Are Best Buys in Sub-Saharan Africa – Exotix
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 […]
First Bank, GTBank and Zenith Named Among World’s Most Valuable 500 Banks
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. […]
First Bank Plc Donates N44m for Sports Facilities in Schools
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 […]
GTBank and 3 Other Banks Raise $1.45Bn from International Capital Markets
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 […]
Privatized Power Holds Opportunity in Nigeria, First Bank Research Reveals
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 […]
First Bank Academy Graduates 87 Students
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 […]
First Excel Series, A Youth Empowerment Initiative By First Bank, Is Launched
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 […]
Monopoly debuts City of Lagos Edition Next Week
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 […]
No more N100 withdrawal charges if you don’t use the ATM of your Bank
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. […]
Etisalat Launches Mobile Wallet: Easy Wallet
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 […]