First Bank, Nigeria’s oldest bank, was hit by a massive fraud incident that led to the theft of ₦7 billion from customer accounts by unknown persons, according to one person with direct knowledge of the matter. Three other persons who asked not to be named discussing sensitive company matters confirmed the incident. The scope and…
Ecobank has called on First Bank Holdings (FBH) not to accept the acquisition of 4.7 billion shares by a former Chairman of the bank, Dr Oba Otudeko. Truetells Nigeria recalls that Oba Otudeko’s Honeywell Group last Thursday bought 4,770,269,843 shares of the firm in a cross deal worth N87.8 billion intensifying the battle for…
The Lagos State government, First Bank Plc, a former Commissioner of Police in the state, Abiodun Alabi and the Nigerian National Petroleum Company Limited (NNPCL) have all been dragged to court for contempt over their alleged disobedience to a court order over a disputed land measuring over 101 hectares. According to the court documents…
know that no fewer than 10,000 residents of Ije-Ododo and neighbouring communities will have access to primary healthcare services in the facility. He said as a responsible corporate social organisation, the bank’s intervention in the primary healthcare sector aligned with its Corporate Social Responsibility (CSR) approach anchored on citizenship, impact management, strategic education, as well…
In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the month of March to the celebration of women across the world, as it commemorates the globally celebrated International Women’s Day, scheduled…
A man has slumped and died inside First Bank while waiting to withdraw cash. Truetells Nigeria reports that a yet-to-be-identified man has slumped and died at First Bank of Nigeria in Agbor, Delta State, southern Nigeria, after standing in a queue for several hours. This online news platform understands that the unidentified man slumped and…
Nigeria Billionaire Femi Otedola Takes Over First Bank Nigeria. TRUETELLS NIGERIA reports that Nigerian billionaire businessman, Femi Otedola has today, Friday, October 22, 2021, taken over First Bank of Nigeria Plc. According to an exclusive report monitored by iexclusive News Nigeria on The Wall Street Journal, Femi Otedola has taken over First…
First Bank Nigeria Recruiting and you can apply for the latest First Bank Recruitment 2021 following the guidelines below. Truetells Nigeria reports that First Bank of Nigeria Limited is a Nigerian bank and financial services company headquartered in Lagos Nigeria. It has over 750 branches rendering a comprehensive range of retail and corporate…
Gov Uzodimma Sealed UBA, Access, First Bank, Others For Obeying IPOB Sit-at-Home. Hundreds of bank customers were left stranded on Tuesday as the officials of the Imo State Government shut all the banks on Bank Road in Owerri, the state capital. Our correspondent who visited the area around 9am saw hundreds of banks customers waiting…
Central Bank of Nigeria (CBN) has queried the Board of the First Bank of Nigeria Plc for removing Dr Adesola Adeduntan, the Managing Director/Chief Executive Officer, without regulatory approval. The query is contained in a letter dated April 28, 2021, signed by the CBN Director, Banking Supervision, Mr Haruna Mustafa. The letter was addressed to…
