First Bank
First Bank agrees to sell bank to another firm, gives reasons
First Bank's parent company, FBN Holdings Plc, has agreed to sell its 100% stake in FBNQuest to EverQuest Acquisition LLP after a bidding process.
6 most profitable banks in Nigeria in 2024 posts N979.19 billion profit in 6 months
About six commercial banks in Nigeria have reported a surge in profit of N979.19 billion in the first half of 2024, with Ecobank leading the pack during the period.
Bank directors speak on windfall tax, disagree with chairmen, Otedola, Elumelu on windfall tax
Bank Chairmen have opposed the positions of Femi Otedola, First Bank Chairman, and United Bank of Africa Chairman, Tony Elumelu on the proposed windfall tax.
FBN Holdings presents impressive performance as Otedola regains spot as biggest shareholder
In 2023, FBN Holdings recorded gross earnings of N1.6 trillion, a 95.7% increase over 2022 while Profit before taxes rose to N350.59 billion a 126.86% gain.
N21.58k: Otedola buys more shares again days after, cements position as highest shareholder
According to a recent disclosure on the Ngx, Nigerian billionaire and businessman Femi Otedola has expanded his ownership share in FBN Holdings by 2.22%.
Otedola buys more First Bank shares, overtakes rival to become largest shareholder
Nigerian billionaire Femi Otedola has reclaimed the position of majority shareholder in First Bank after acquiring additional shares ahead of his rival.
First Bank announces major changes, appoints new MD, DMD, non-executive director
Olusegun Alebiosu has been formally appointed as the Chief Executive Officer and Managing Director of First Bank of Nigeria Limited accoridng to recent disclosure.
Panic as 3 persons down during gun battle in Abuja robbery attack
The combination of the military and the police have engaged a 15-man bank robbery operation in Abuja, three persons were gunned down as full details emerged.
Who is the Emir of Kano? Muhammadu Sanusi II's wife, children, appointment
The Emir of Kano, Muhammadu Sanusi II, is a prominent economist, banker, and traditional leader. Read on to learn more about his personal and career journey.
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