Category: Business

It’s indeed, double honour for Fidelity Bank Plc as the financial institution was awarded for being the ‘Outstanding SME Supporting Bank of the Year’ at the 2020 Marketing & Advertising Award for Excellence ceremony which held over the weekend at the D’Podium International Centre in Lagos. Marketing Edge, organizers of the event says it recognizes Fidelity Bank for its unflinching support for Micro Small and Medium Scale Enterprises (MSMEs) in the country. Also, the multiple award-winning corporate communications expert, Charles Aigbe- the Divisional Head, Brand & Communications of Fidelity Bank,…

Read More

Our attention has been drawn to the tweet making the rounds on social media on shutting down the FirstBank website following a false tweet that the Bank prevented staff from joining the ongoing protests in the country. As the largest banking institution in Nigeria, it is not unlikely that we may be seen as a target in circumstances such as these. This is rather unfortunate as we believe far reaching reform is necessary and we have said as much on a number of occasions across our platforms. In the process…

Read More

Nigeria’s premier and leading financial inclusion services provider, First Bank of Nigeria Limited has announced that its CEO, Dr. Adesola Adeduntan has been honoured with membership of Bretton Woods Committee (BWC). FirstBank has also joined Bretton Woods Committee as an Organisational Supporter in line with the commitment to demonstrate cooperation and foster global well-being. The membership, which is by invitation only, is in recognition of Dr. Adeduntan’s sterling leadership qualities including efforts in ensuring that FirstBank remains at the forefront in promoting financial inclusion in Africa. According Bretton Woods, ‘’committee…

Read More

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, recently announced that loans in over the sum of 17 billion naira have been disbursed to individuals, across the country. The loan disbursement is carried-out through FirstAdvance, its digital lending solution. FirstAdvance is designed to offer a convenient and easy access to cash for salary earners whose accounts are domiciled with FirstBank and have received regular salaries for two months, prior to the loan request. In barely a year since the launch of FirstAdvance, over 128,000 unique customers in…

Read More

The Petroleum and Natural Gas Senior Staff Association of Nigeria vowed to resisted plans by Chevron Nigeria Limited to sack 600 workers in the company. The oil company has announced that it will be reducing its staff strength by 25 per cent as it is reviewing its manpower requirements due to the outbreak of Coronavirus. According to a statement by its General Manager, Policy, Government and Public Affairs, Esimaje Brikinn, he said all employees will retain their employment until the reorganisation process is completed. PENGASSAN however said that Chevron Nigeria…

Read More

  First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its partnership with Lagos State Employment Trust Fund (LSETF) in a matching fund scheme.  The scheme aims to cushion the impact of COVID-19 pandemic on low-cost private schools by ensuring lending at an attractive interest rate. The programme will provide access to finance where participating schools can each be availed up to N5 million as well as capacity development, business and financial advisory. There will be monitoring and evaluation to ensure prompt loan repayment. To enjoy this funding…

Read More

Nigeria’s premier and leading financial inclusion services provider, First Bank of Nigeria Limited, today announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director. Mrs. Muoyo joined the board of FirstBank from FBN Holdings Plc., the parent company of First Bank of Nigeria Limited. Speaking on her appointment, Dr. Adesola Adeduntan, CEO, FirstBank said, “We are excited to welcome Mrs. Oluwande Muoyo to the FirstBank Board. She brings to the Board her depth of experience which spans over three decades in various leadership and strategic positions across the private…

Read More

    First Bank of Nigeria Limited has announced its partnership with Arese Ugwu for the TV adaptation of her best seller, Smart Money Woman. The weekly show – in its first season – is billed to premiere on Africa Magic Showcase on Wednesday, 23rd September 2020 at 9:30pm. The Smart Money Woman is a programme that shows the experiences, sacrifices, struggles and vigour of women in society as they carry out their day to day activities in spite of the gender imbalance in the society, especially in Africa.  The…

Read More

  Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced that its Chief Executive Officer, Dr.  Adesola Adeduntan, has been honoured with the Forbes Best of Africa Award. The award presentation was held on Friday, 11 September 2020 at a virtual event by Forbes in conjunction with the Foreign Investment Network (FIN). The online roundtable discussion themed “Harnessing the financial resources and social capital of philanthropy to making a lasting impact” was supported by the World Philanthropy Network and featured a keynote address by former Nigerian President, Chief…

Read More