First Bank
Ecobank Nigeria has decided to increase international transfer fees starting November 1, including a SWIFT charge and revised fees for intra-African transactions.
To bolster its main subsidiary, FBN Holdings Plc has launched a significant capital increase through a rights issue, offering roughly 6 billion additional shares.
FBN Holdings Plc, the parent company of First Bank, has proposed a new name at its upcoming Annual General Meeting (AGM), which shareholders are expected to approve.
FirstBank has provided clarification on the upcoming system migration, clarifying that the transition will solely affect vendor platforms and not banking services.
First Bank of Nigeria has announced it will affect certain activities and transactions including invoice submissions on the current Electronic Business Suite.
A FITC report on fraud in banks has said that about 105 bank employees were involved in fraudulent activities in 2024, leading to the dismissal of 84 staffers.
Nigerian commercial banks have reported a further increase in their profit in the first half of 2024, with Guaranty Trust Bank leading the pack during the period.
Subject to CBN's approval, Adebowale Oyedeji has been named the new Group Managing Director (GMD) of FBN Holdings Plc, with effect from November 13, 2024.
Discover the full list of Nigerian bank sort and SWIFT codes to streamline local and international transactions and ensure fast, secure, and error-free payments.
First Bank
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