Business

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. The Bank’s USSD banking service, launched in January 2015, is an easy to use, convenient, fast, user-friendly mobile banking channel through which various banking activities are carried out on a mobile phone – across the four major GSM network operators in the country – without the use of ...

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, will host a virtual SME Business Clinic to provide insightful information on how SMEs can better manage the financial activities of their businesses. The clinic which is scheduled to hold via Microsoft Teams by 11 am on Thursday, 7 May 2020 is entitled: “Developing a budget to ...

FirstBank, Nigeria’s leading financial institution and Africa’s Bank of Choice has expressed its appreciation to the public – especially its customers – for their continued patronage of its services during the COVID 19 lockdown, whilst assuring the public that stringent measures have been implemented to ensure its branches and locations across the country operate in line with the health and ...

Shareholders of FCMB Group Plc have again applauded the financial institution for its resilience, dynamism and impressive performance recorded last year despite the challenging operating environment. The shareholders, who gave the commendation at the 7thAnnual General Meeting (AGM) of the Group on April 28, 2020 at its corporate head office in Lagos, also unanimously approved the payment of a cash dividend of ...

By Bolatito Adebola In this COVID-19 era where movement is restricted in some major parts of the world – including Nigeria – with many Banks and business reengineering efforts to improve the adaptability of their customers to electronic ways of carrying out business, Firstmonie Agents, an agent banking initiative from First Bank of Nigeria Limited is bridging the gaps and ...

Amid shuttering of social activities especially commercial services, through various lockdown measures to contain the coronavirus pandemic, FirstBank has proven that as long as its customers require services, the Bank will be waiting right in front of them. As key enablers of the economy, banks are providers of essential services to customers and communities. Sequel to the pandemic outbreak, the ...

    FirstBank of Nigeria Limited has saluted medical professionals tackling the COVID-19 pandemic in Nigeria and the world. The bank in series of tweets on its Twitter page on Friday, acknowledged the role medical experts are playing to fight the virus. Some of the messages read: “No capes, just heroes. To all the health professionals at the frontline of efforts ...

Wema Bank CEO, Chairman, other executives risk jail over contempt ………………………………….. Chukwujekwu Aneke, presiding Judge of a Federal High Court, sitting in Lagos south west Nigeria has ordered that Wema Bank Plc and its six officials cited for contempt or disobeying the order of the court should appear before it on Monday, February 17, 2020. They are to explain why ...

As part of its initiative to continuously encourage female entrepreneurs in the country, Ecobank Nigeria last week in Lagos trained over 140 female business owners on digital marketing skills in its state-of-the-art Academy. The empowerment programme organized by Ecobank Female Entrepreneurs’ Initiative (EFEI) drew participants from Lagos and its environs. EFEI program which was launched by Ecobank last year is ...

The Central Bank of Nigeria on Sunday reduced the withdrawal fee charged for the use of other banks’ Automated Teller Machines from N65 to N35. The N35 ATM fee according to the CBN should be imposed on customers after the third withdrawal within one month. The new directive is part of the major highlights of the new Guide to Bank Charges ...