Tag Archives: First Bank

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 ...