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World Bank Statement on Support to Nigeria
16-10-2017 | 10:25:25
In 2015, the Government of Nigeria requested World Bank support to respond to the humanitarian and development crisis in the North East of Nigeria.
FBNHoldings appoints Oluseye Kosoko as Company Secretary
10-10-2017 | 10:30:12
FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval.
FirstBank’s payment card issuance hits 10 million
05-10-2017 | 11:14:09
FirstBank of Nigeria has said that it has emerged the first financial institution in Nigeria and West-Africa to issue 10 million cards to customers across the sub-region.
Central Bank of Nigeria stops banks from taking charges on bulk transfers
03-10-2017 | 10:06:14
Commercial banks can no longer take Short Message Service (SMS) charges on bulk bank transfers done through the Real Time Gross Settlement (RTGS).
Nigeria Central Bank retains lending rate at 14%
28-09-2017 | 12:43:31
The Central Bank of Nigeria (CBN) has left the country's benchmark interest rate unchanged at 14 per cent, alongside all the other monetary policy rates for the seventh consecutive time over fears of consequent inflation.
BOA, NIPOST to support five million farmers with credit access
28-09-2017 | 09:43:00
The Bank of Agriculture (BOA) and Nigeria Postal Service (NIPOST) are collaborating to provide financial services to five million farmers across the country over the next two years.
[Nigeria] Union Bank’s N50b Rights Issue now open for subscription
25-09-2017 | 09:50:00
Union Bank has announced that subscription period for its N50 billion Rights Issue which commenced on Wednesday, September 20 and will close on October 30, 2017.
FSDH Merchant Bank announces investment by AFIG Funds
25-09-2017 | 09:30:15
FSDH Merchant Bank has announced that AFIG Funds, a leading African private equity fund manager has, through the Atlantic Coast Regional Fund (ACRF), completed an investment in the Bank.
Central Bank of Nigeria reviews limits on mobile money transaction
18-09-2017 | 10:13:20
The Central Bank of Nigeria (CBN) has reviewed daily mobile money wallet transaction and balance limit, as well as the Bank Verification Number (BVN) requirement for mobile money wallet holders.
FirstBank to disburse N15bn to private secondary and primary schools across Nigeria
14-09-2017 | 10:50:00
FirstBank has developed an array of products and solutions targeted at enabling schools acquire attractive educational facilities to support their business whilst empowering parents and guardians to seamlessly send their wards back to school.