Tag Archives: First Bank

Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.

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In a determined effort to prove his innocence and clear his name, Dr. Bisi Onasanya, the former Group Managing Director of First Bank, on Thursday appeared before Justice Chukwujekwu Aneke at the Federal High Court in Lagos

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First Bank of Nigeria Limited, West Africa’s premier financial institution and leading financial inclusion services provider, announced its recognition as the Best Private Bank in Nigeria and Best Private Bank for Sustainable Investment in Africa at the Global Finance ninth annual World’s Best Private Banks Awards for 2024 held at the Harvard Club of New York on March 21, 2024

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He thereby called on all eligible voters to obtain their Permanent Voter Card, stressing, "that is the only way you can elect good leaders and effect the desired change.

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The roof is already getting raised with #FirstBankIssaVybe, #DecemberIssaVybe campaigns. With FirstBank, it is always a total experience of being woven into the fabric of society from banking at its finest, to music, fashion, arts, and sports. Across the spectrum of human endeavour, FirstBank stands tall behind its over 32 million customers and counting. 

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FirstBank is doing interesting things in the digital payment space. The Tier-1 bank has unveiled card-less Point of Sale (PoS) platform to meet and even exceed customers’ expectation.

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Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited has announced that its *894# Unstructured Supplementary Service Data (USSD), Quick Banking service has hit over 9.5 million customers. This is in clear demonstration of its acknowledged leadership in electronic Banking. 

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FirstBank has announced its donation of the sum of N1bn towards the joint effort by the Nigerian Private Sector Coalition Against COVID-19 (CACOVID) to rapidly expand the health facilities; especially Testing, Isolation, treatment and the provision of Intensive Care Unit (ICU) facilities pivotal to controlling the spread and importantly, treating individuals diagnosed with COVID- 19.

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 As part of efforts to deepen Financial Inclusion in Nigeria, First Bank of Nigeria Limited extended the Agent Banking campaign to 14 major markets and business points across Bayelsa, Cross River and Delta States . The Market Activation which spanned over three weeks between November 24 and December 16, 2018 was an intensive period of customer engagement, education and awareness …

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–Says Skye Bank Takeover Good For Sector Tayo Olanipekun Nigerian banks’ earnings will come under pressure and capital metrics will decline marginally over the next 12 to 18 months, Moody’s has said. It noted in its latest Nigeria Banking System Outlook that the sector’s asset quality will remain weak with deterioration in loan performance that is marginal as operating conditions …

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