FirstBank boosts education with N10bn loan

Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited, has announced that within the last year, it has supported educational institutions in the country with loans in the sum of over 10 billion naira. The Bank’s support is carried out through its FirstEdu product, an educational solution created to enhance the educational facilities in schools with a view to improving the quality of education across the country. FirstEdu loan is targeted at private Nursery, Primary and Secondary schools to assist the schools in achieving their desired growth…

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FirstBank Cards offer win a trip to Dubai, cashback for transactions

It is raining promos with your FirstBank Cards this season. The Bank recently announced its Verve Card Reactivation Promo to reward three customers with all-expense paid trips to Dubai for reactivating and using their Verve Cards to transact on PoS and online. The ongoing promo kicked off on December 2, 2019 and would end on January 25, 2020. In addition to the Dubai trip, 600 customers will be rewarded with N3,000 worth of airtime and 60 customers with N50,000.00 cash prize during the 2-month promo period. The airtime and cash…

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Fifth Chukker Commends FirstBank’s commitment to Patrons Cup

The management of Fifth Chukker Polo and Country Club have commended First Bank of Nigeria Limited for their support of the prestigious African Patrons Cup; a polo tournament which holds annually at the Club in Kaduna. The commendation came at the closing ceremony of the 2019 edition of the competition which featured notable polo teams drawn from across the country.  The Bank was lauded for its contribution to the development of Polo at the club. A statement by the club’s management stated “We will like to recognise the sterling efforts…

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FirstBank names Wanka Non-Executive Director

First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has announced the appointment of AlhajiAdo Yakubu Wanka as Non-Executive Director. Speaking on his appointment, Dr. Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said, “We are delighted to welcome AlhajiAdo Yakubu Wanka, to the FirstBank Board. We are especially excited that he is bringing a combination of complementary skills and rich experience to the table which will no doubt enhance the quality of governance towards meeting our strategic goals.  Alhaji Ado Yakubu Wanka attended Government Secondary…

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FirstBank Powers Linda Ikeji TV for First Class Material

First Bank of Nigeria Limited has announced its partnership with Linda Ikeji TV for the broadcast of the TV show, First Class Material. The show is billed to premiere on all FirstBank and Linda Ikeji TV platforms across the web and social media on Tuesday 26th November at 8am and reposted at 7pm same evening- Nigerian time First Class Material is a programme which aims to chronicle the success stories of Nigerians who are distinct and exemplary in their achievements and importantly, a testament to the greatness of the West African country.   …

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FBNHOLDINGS: Setting the tone for gender inclusiveness, balance in boardroom

By Hope Ashike In many parts of the world, including Nigeria, women often face the barriers of discrimination and persistent gender inequalities which deny them access to key positions in the corporate world as well as access to finance or the formal economy. Women make up almost half of the world’s working-age population of nearly 5 billion people. But only about 50 percent of those women participate in the labour force, compared with 80 percent of men, according to a report by the International Monetary Fund (IMF). The IMF’s research…

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IWEC Foundation names Awosika President

The International Women’s Entrepreneurial Challenge Foundation (IWEC)  has announced the appointment of Ibukun Awosika to their Board of Directors as its New President. Awosika is the Chairman of First Bank of Nigeria Limited, Nigeria’s Premier and Leading financial services provider. Mrs. Awosika was elected to replace Miguel Valls, former president of the Barcelona Chamber of Commerce and president of the IWEC Foundation, who passed away last month. “The Foundation is very excited to announce the appointment of our new president,” stated Ruth A. Davis, IWEC Chairwoman and distinguished former U.S. Ambassador. “Ibukun Awosika has…

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FirstBank celebrates top performing FirstMonie Agents nationwide

In recognition of the contribution of its Firstmonie Agents towards the Bank’s resolve at promoting access to financial services to all Nigerians, First Bank of Nigeria Limited has announced that its Agent Banking National award ceremony would hold on Friday, 25 October 2019 at the Oriental Hotel, Lagos. The event is themed “Planting Community Heroes Nationwide”. Since its inception in 2017, the FirstBank Agent Banking scheme, popularly called Firstmonie, has recorded giant strides at promoting financial inclusion across the nook and cranny of the country. With almost 40,000 Agents in…

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FirstBank wins Best Private Bank and Best Retail Bank Awards in Nigeria

In recognition of its commitment and leading role at providing bespoke financial services to its customers and the public in general, through its numerous state of the art and innovative financial products and services, First Bank of Nigeria Limited has been awarded the Best Private Bank and Best Retail Bank in Nigeria respectively by World Finance Magazine and Global Banking and Finance Review. Speaking on the Bank’s recognition for the Best Retail Bank in Nigeria award, Wanda Rich, Editor, Global Banking & Finance Review said “With 125 years of continuous banking operations, First…

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FirstBank hosts FINTECH summit 3.0

Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited hosted the third edition of its annual Fintech summit themed “Banking + Tech = Solving Real Problems”. The event held on Wednesday, 16 October 2019 in Lagos with a conference and panel sessions comprising tech experts, start-ups, regulators and other stakeholders to deliberate pressing issues, trends and upgrades in the application of technology in the financial services industry. Victor Asemota, Founder, Swifta Systems & Services was the Keynote Speaker at the event. With the evolution that has taken…

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First Bank to boost financial inclusion with 500,000 agents

In a move aimed at enhancing financial inclusion across the country, First Bank of Nigeria Limited has announced its drive to engage up to 500,000 operators on its agent banking platform. This was disclosed at the opening ceremony of the 12th Annual Conference of the Chartered Institute of Bankers of Nigeria (CIBN) by FirstBank’s Chief Executive Officer, Dr. Adesola Adeduntan, who also served as the Chairman of the CIBN 2019 Conference Consultative Committee at the event which was held in Abuja, 24 – 25 September 2019. The CIBN conference themed:…

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