Tag: First BAnk
Recapitalisation: FBN Holdings offers N150bn rights issue
FBN Holdings Plc has opened its rights issue, offering 5.983 billion ordinary shares at 50k each, priced at N25 per share, totalling N150 billion,...
First Bank: We’re not shutting down operations for system migration
First Bank has assured customers that its scheduled transition to a new cloud-based procurement and financial platform will not affect banking operations.
First Bank made...
UNGA: First Bank CEO Alebiosu charges world leaders on poverty eradication
The Chief Executive Officer of First Bank, Olusegun Alebiosu, has highlighted poverty eradication as a pressing concern that should keep world leaders up at...
First Bank wins Euromoney award for best ESG investments
First Bank has emerged as the winner of the 2024 Euromoney Award for its contributions and commitment to Environmental, Social, and Governance (ESG) investments...
First Bank sponsors drama for Soyinka’s 90th birthday
First Bank has announced its sponsorship of the Lagos command performance of Eni Ogun (The Noble Warrior), a theatrical performance in honour of Nobel...
Otedola buys additional 2.22% stake in First Bank for N17.2bn
The Chairman of FBN Holdings, Femi Otedola, has acquired an additional 2.22 per cent stake in First Bank.
This was disclosed in a corporate filing...
Otedola regains position as biggest shareholder in First Bank
The Chairman of FBN Holdings, Femi Otedola, has regained his position as the majority shareholder of First Bank, holding a 9.41 per cent stake...
First Bank confirms Olusegun Alebiosu’s appointment as MD
FBN Holdings Plc has confirmed the appointment of Olusegun Alebiosu as substantive Managing Director/Chief Executive Officer of First Bank of Nigeria Limited, one of...
Afreximbank, First Bank sign $200m agreement to finance clients’ needs
Afreximbank and First Bank of Nigeria (FBN) have signed a $200 million facility agreement for financing the needs of the bank’s clients.
The agreement was...
First Bank partners IWS for women empowerment
First Bank of Nigeria Limited has partnered with the International Women’s Society (IWS) to empower over 250 widows, in commemoration of the 2024 International...
