First Bank’s Firstmonie agents’ transaction volume hits over N22trn

August 4, 2022 Segun Odunewu, Lagos 0

First Bank of Nigeria Limited has announced that its agent banking network, Firstmonie Agents, spread across the country, has collectively processed transaction volume in excess of 1 billion, amounting to over N22 trillion. The Bank currently has over 180,000 Firstmonie Agents, spread across 772 of the country’s 774 Local Government Areas. Popularly referred to as the ‘Human ATM’, Firstmonie Agents Read More

FirstBank: Supporting Agribusiness financing with range of products

June 1, 2022 Blueprint 0

First Bank of Nigeria Limited offers different range of products to support the agric business in its efforts to grow the nation’s economy. AMAKA IFEAKANDU looks at the bank’s products targeted at growing agricultural business in the country. Globally, the agricultural sector plays a pivotal role in the development of the economy of every country. The Nigeria agricultural policy provides Read More

FirstBank committed to recreating wealth for unbanked in Nigeria

June 1, 2022 Amaka Ifeakandu, Lagos 0

First Bank of Nigeria Plc has said that recreating wealth for the unbanked and improving their standards of living would continue to be its major focus while leveraging digital offerings to drive financial inclusion. The Managing Director, First Bank Nigeria Plc, Dr. Adesola Adeduntan, stated this during the commissioning of the Institute of Chartered Accountants of Nigeria (ICAN) Entrepreneurship Development Read More

First Bank: Lending support for nation’s infrastructure development

May 24, 2022 Blueprint 0

First Bank of Nigeria Limited is at the frontline in developing products that support power and infrastructure sector in the country. AMAKA IFEAKANDU looks at the bank’s efforts at supporting power/infrastructure sectors through products development. Across the world, infrastructure development is a critical enabler for productivity and sustainable economic growth. It contributes significantly to human development, poverty reduction, and the Read More

Supporting schools with FirstEdu Loan, FirstEdu Portal

May 19, 2022 Blueprint 0

First Bank of Nigeria Limited has developed different products that support schools operating in Nigeria. AMAKA IFEAKANDU looks at the products and their impact on the nation’s educational system. Globally, basic education is seen as a panacea for solving problem of illiteracy, religious insecurity and political servitude. It is also described as the fuel to a better society. Without doubt Read More

Stakeholders gather for FirstBank’s 2022 economic outlook webinar

January 12, 2022 Amaka Ifeakandu 0

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its “Nigerian Economic Outlook Webinar” convened to reflect national and global economic trends that shaped 2021, whilst forecasting the economic outlook of 2022.  The virtual event themed “A rearview look at 2021, lessons learnt-Outlook 2022” is scheduled to hold on Thursday, 13th January 2022 through Read More

First Bank: Discovering youth’s potentials, talents through JAN

December 3, 2021 Editorial IV 0

First Bank of Nigeria Limited has sustained its leadership position in driving the youth development in the country. Apart from its FutureFast programme targeted at the youths to ensure fulfilling careers, the bank has, in the last 11 years, partnered Junior Achievement Nigeria (JAN) to host its annual event, the National Company of the Year competition (NCOY).  AMAKA IFEAKANDU reports. First Read More

First Bank: Expanding customers’ access to loans

November 23, 2021 Blueprint 0

First Bank of Nigeria Limited has developed different loan products to enable her customers have access to loan without much stress to settle their pressing needs. AMAKA IFEAKANDU in this report looks at the entire products and their impacts on the bank’s customers The outbreak of COVID-19 pandemic crippled business activities across the world and visited a lot of hardship Read More

Boosting SMEs growth through FirstSME Account

October 31, 2021 Editorial IV 0

First Bank of Nigeria created FirstSME Account to add to its SME product family in support of small and medium scale business owners by sustaining and expanding their business. AMAKA IFEAKANDU looks at  what the facility offers and how SMEs owners can key in to boost their businesses. There  is no doubt that Small and Medium scale Enterprises (SMEs) are Read More

Former MD/CEO of Fidelity Bank emerges FBNH GMD

October 28, 2021 Segun Odunewu 0

Immediate past Managing Director and CEO of Fidelity Bank of Niger PLC, Mr. Nnamdi Okonkwo, has emerged as the new Group Managing Director of FBN Holdings, the holding company of First Bank of Nigeria Group. FBN Holdings Plc, parent company of First Bank Nig. Ltd who announced this in a notice to the Nigerian Exchange on Thursday also informed the Read More

First Bank: Fast Tracking the next generation ATM

October 25, 2021 Editorial IV 0

The challenge posed by the COVID-19 pandemic to both the Nigeria and global economy in 2020, became an innovative opportunity for  First Bank of Nigeria which came up with Fast Track ATM, the next generation ATM, the first of its type in Africa. AMAKA IFEAKANDU looks at the benefits customers stand to gain. . COVID-19 as  new opportunities There is no denying the Read More

FirstMobile: A symbol of banking convenience with global attraction

October 18, 2021 Amaka Ifekandu 0

The launch of FirstMobile App by First Bank of Nigeria Limited provides an opportunity for its customers to conveniently access both financial and non financial transactions. AMAKA IFEAKANDU writes on the recognition this initiative and many others have attracted to the FBN globally. Over the years, the development in digital financial technologies across the world, like e-money, digital banking and Read More

First Bank fuels investors’ wealth with additional N329bn in one week

October 17, 2021 Blessing Anaro 0

Last week, the bulls ran the bears underground, with interest in First Bank of Nigeria Holding (FBNH) pushing market capitalisation up by additional N329 billion to berth at N21.6 trillion. Trading activity was strengthened as average volume and value traded rose 66.3 per cent and 119.9 per cent week-on-week ( w/w) respectively. Leading the most traded stocks by volume were Read More

FirstBank hosts Fintech Summit 5.0, highlights impact on financial inclusion

 First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that the 2021 edition of its annual FINTECH Summit is scheduled to hold on Thursday, 7 October 2021 by 10:00 am. EFirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 – 2016) by the globally renowned “The Banker Magazine” of Read More