Tag Archives: First Bank

Olusegun Alebiosu’s Leadership Questioned as Fraud Scandals Rock First Bank …Cases of Customers’ Funds Illegally Accessed Become Worryingly Frequent in First Bank Banking thrives on trust — depositors rely on their banks to safeguard their money, while banks are expected to put robust measures in place to uphold that trust. ...

Waves of Innovation: How First Bank turned Lagos into Africa’s Electric Playground By Kazeem Ugbodaga   The Lagos Lagoon glistened in shades of blue and gold as electric powerboats sliced through the water, cheered on by an ecstatic crowd that lined Victoria Island’s waterfront from Saturday, 3 October to Sunday, ...

Apprehension in First Bank as furious Otedola Sanctions Management after ‘lavish’ Send-off Folake Ani-Mumuney was asked to resign as First Bank’s global head of marketing and corporate communications by Femi Otedola, the chairman of the holding company, insiders have told TheCable. A top employee of the bank informed TheCable that Otedola was ...

First Bank Recapitalization: How Boardroom Conflicts and Declining Customer Trust may Affect First Bank of Nigeria Limited and its parent company, FBN Holdings, are facing scrutiny as Nigerians question why the bank is yet to announce the much-anticipated recapitalization plan. This comes at a time when other banks are actively ...

FIRSTBANK ANNOUNCES CALL FOR APPLICATION IN THE THIRD EDITION OF ITS FIRSTBANK MANAGEMENT ASSOCIATE PROGRAMME (FMAP)  First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the call for participation in the third season of its FirstBank Management Associate Programme (FMAP).    Interested participants are ...

  Nigerian billionaire businessman and investor, Femi Otedola, on Friday, reportedly took over First Bank of Nigeria Plc. According to The Street Journal, Otedola took over the bank with the acquisition of about ₦30 billion worth of shares, making him the single largest shareholder of the bank. Otedola, being the ...

Last week will go down as one of the most challenging weeks, if not the most challenging, Nigeria has faced in 2020. What started out weeks before as very well-organised peaceful protests by young Nigerians campaigning to #EndSARS, was supplanted by hoodlums engaging in wanton looting, arson and destruction of ...