First Bank of Nigeria Limited has announced its commemoration of the 2022 International Youth Day, globally celebrated today, 12 August 2022 and themed “Intergenerational solidarity: Creating a World for All Ages.” The International Youth Day is commemorated every year on 12 August, bringing youth issues to the attention of the […]
BANKING
The Bank’s Firstmonie Agents Play A Critical Role In Promoting Financial Inclusion In The Country The Bank Currently Has Over 180,000 Firstmonie Agents Spread Across 772 Local Government Areas In Nigeria Since 2020, Firstbank Has Economically Empowered Thousands Of Its Firstmonie Agents With Over 100 Billion Naira Credit Facility First […]
Almost all of the indices in First Bank of Nigeria Limited are positive. From a stellar performance in its last year and first quarter of 2022 operations to the deployment of robust digital banking solutions in its operations, analysts say the bank’s current management deserves credit for preparing the bank […]
The FirstGem fund (FirstGem loan) is a single-digit loan scheme, exclusively designed to put women at an advantage in contributing to the socio-economic development of the country. The loan scheme covers female-owned or partnered SMEs in various sectors of the economy Launched in 2016, FirstGem has been impactful in driving […]
Adeduntan Sustains His Winning Streak, Pioneers Leadership Excellence In Banking Dr. Adesola Adeduntan has entirely changed the financial institution since being named MD/CEO of First Bank of Nigeria Limited in 2016 and has made it appealing to all societal strata. FirstBank has transformed from a company that was once thought […]
Lagos, Nigeria, 10 June 2022- Access to credit, in order for SMEs to effectively grow and contribute to the economy, is critical. And, in order to give this much-needed access, a determined effort must be made to provide them with the means of earning the revenue required to be financially […]
In response to the need to empower female business owners across the country, The ELOY Foundation, in collaboration with FirstBank, presents the ELOY Foundation Business Shower, designed to assist female entrepreneurs on their path to developing sustainable businesses. FirstBank’s assistance will be provided through the FirstGem loan scheme for female-owned […]
13 June 2022 – African Export-Import Bank (Afreximbank) has announced the disbursement of a US$150 million finance facility to First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider. The funding was provided under Afreximbank’s Pandemic Trade Impact Mitigation Facility (PATIMFA). Afreximbank’s US$150 million financial support will be […]
FirstBank delighted investors with a pleasant surprise when it announced stellar results confirming that its turnaround strategy pinned on the pillars of innovation, resilience and digging deep is working. Its profit after tax spiked 108% to N32.4billion on the back of massive loan recoveries and a sharply lower level of […]
With a significant reduction in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after successfully reducing its non-performing loan to 6.1% in its 2021 full year performance, analysts say FirstBank’s impressive performance in the first quarter not only demonstrated consistency in its rebound […]