Posts Tagged ‘FirstBank’

FirstBank Sets Up Support System For Education-Based SMEs

Major banking institution, First Bank of Nigeria has offered financial backing to small and medium-sized enterprises (SMEs) in the education sector to mitigate the effects of the COVID -19 pandemic in the country. Speaking during the Bank’s SMEConnect webinar on Thursday, Bankole Adediran, Head, transaction banking products, said the bank’s intentions are to help enterprises […]

FirstBank Donates 20,000 Digital Devices To Lagos State As E-learning Boost

“Nobody foresaw #COVID19 coming along and disrupting our way of life. These devices will be useful to our pupils in the current circumstances we have found ourselves”— Babajide Sanwo-Olu, Lagos State Governor. First Bank of Nigeria, one of the Nation’s more prominent banking institutions on Thursday donated 20,000 digital devices to the Lagos State Government. […]

First Bank to Sponsor Amateur Golf Championship.

Nigeria’s Commercial Bank,First Bank  Nigeria Limited has announced its sponsorship of the 57th edition of the Lagos Amateur Golf Open Championship. The 2018 edition is billed to tee-off on Saturday and run through Sunday 18 November 2018 at the lush greenery of the Ikoyi Club 1938 Golf Course in Lagos. This is the 56th time […]

Harsh Economic Policies Dwindles Corporate Earnings

Negative economic fundamentals overshadowing Nigeria’s business environment may have begun to take its toll on corporate financial results as third quarter earnings plunged in three key sectors, namely, oil and gas, banking and conglomerates. Poor results announced by industry leaders in these sectors also worsened the performance of Nigerian Stock Exchange All Share Index last […]

First Bank Fined N1.88 Billion For Failure to Comply to TSA Directive

First Bank of Nigeria Ltd., Nigeria’s biggest lender by assets, paid a fine of 1.88 billion Naira ($9.4 million) relating to a directive for banks to transfer deposits of state companies and entities to the Central Bank. First Bank is the  third major company to be sanctioned by regulators in a space of 7 days. Tijjani […]