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 gives update on Mpape failed bank robbery

FirstBank Nigeria Ltd., has given an update on last week’s attempted robbery of one its branch in Mpape, a suburb of Abuja, Federal Capital Territory. The statement signed by the bank’s Group Head, Marketing and Corporate Communications, Folake Ani-Mumuney, reads: We are aware that a customer service executive assigned to us by one of our vendors is helping the police with their investigations into the attempted robbery that happened last week in one of our branches in Abuja. We remain grateful that none of our staff or customers lost their lives…

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Mpape Robbery: FirstBank commends Soldiers, Police for quick response, says customers, staff not hurt

First Bank of Nigeria Limited, whose branch in Mpape, a suburb of Abuja was the scene of an attempted armed robbery has reacted to the failed attack. According to a statement released by the bank on Saturday, the incident has been brought under control and normalcy has been restored in the area after four of the suspects were arrested and one of them gunned down. The statement further explained that no customer and staff were hurt. Read the full statement below: We wish to inform everyone that the attempted robbery incident that…

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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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FirstBank ‘VYBES’ rock Nigerians at yuletide

FirstBank has announced its sponsorship of an array of initiatives to empower the society as well as promote the growth and development of entertainment genres including music, fashion and arts in the country. The yearly partnership tagged FirstBankIssaVybe which kicked off in 2018, is designed by the Bank to create an enthralling and enabling experience for Nigerians especially the young ones in the Yuletide season to bond with family and friends, whilst connecting with their favourite superstars. From the exciting Alternative Sound 4.0, held at Terra Culture on 5 December 2019 to the…

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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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How FirstBank FINTECH Summit is contributing to bridge Nigeria’s financial inclusion, By Bala Augie

As financial solution providers continue to face stiffer competition globally from Fintech startups and emerging technologies such as blockchain, cryptocurrency and crowdfunding, and the increasing level of disruption in the traditional mode of payment and business models, technology holds the key to unlock the potentials in the financial service sector across Africa through Fintech. As the banking sector continues to find newer ways of engaging and providing customer centric services to bridge the current level of unbanked and under banked population to achieve Nigeria’s 2020 financial inclusion target, the fallout…

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FirstBank Partners CFA Society Nigeria for 2019 ethics challenge competition

In the furtherance of the Bank’s commitment to promote business ethics, professional excellence and education, reflected in the Bank’s Endowment programme – the Samuel Asabia Chair for Business Ethics at the University of Lagos – First Bank of Nigeria Limited for three consecutive years is partnering with CFA Society Nigeria to host its annual flagship event, the Ethics Challenge,  scheduled for Friday & Saturday, 15 -16 November 2019 in Abuja and Lagos for the regional and national levels respectively. The Ethics Challenge is designed to increase students’ awareness of the ethical dilemmas and issues they may face…

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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’s CEO, Adeduntan in Edinburgh for Ethical Finance Conference

As part of the Bank’s financial inclusion and global thought leadership drive, the Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan participated in the 2019 Global Leaders Interactive panel session of the 2019 Ethical Finance Conference held on 8 – 9 October 2019 at RBS Conference Centre, 175 Glasgow Road, Gogarburn, Edinburgh. The event had in attendance over 500 leading finance practitioners from all over the world. The Bank’s CEO, Dr. Adesola Adeduntan, with other thought leaders, policy influencers and leading finance practitioners across the world deliberated on…

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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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