
First Bank







Ten Nigerian banks have emerged as the most valuable on the Nigerian Exchange Limited (NGX) amid CBN's recapitalisation requirement demands last year.

First Bank has reportedly laid off about 100 senior staff members in a major restructuring after embarking on a new name change at its last General Meeting.

The value of mergers and acquisitions (M&A) recorded in 2024 in Nigeria was some of the biggest in the West Africa region and the whole continent.

A Nigerian boss stormed his mechanic's workshop to celebrate him for returning N10 million a customer mistakenly sent to his account. He gifted him cash.

Fitch Ratings has predicted a challenging 2025 for most Nigerian banks, saying the financial institutions will face difficulties due to a difficult environment

A recent report has shown that Nigerian banks lost about N42.33 billion in fraud-related cases in the first six months of this year, with fraud in branches topping.

Following a recent shift in the CBN monetary policy, 19 deposit money banks are now offering their customers an interest rate of 8.18 percent on their deposits.

A recent analysis of 11 Nigerian banks has indicated a rise in wages and salary payments by Nigeria, with Access Bank and UBA leading the pack of highest payers.

About eight Nigerian banks, led by Zenith Bank, recorded a massive N85.58 trillion in customer deposits in the third quarter of 2024, up from N76.26 trillion
First Bank
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