FirstBank of Nigeria
Tracked across 28 events · 650 articles · First seen Jan 10, 2022 · Last active Aug 21, 2026
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Business
Impact: FirstBank is supporting the Nigeria — Oyo State Government>>>'s ÓKÓBÌ initiative, aligning with its commitment to empowering SMEs, deepening financial inclusion, and driving socio-economic development across Nigeria. This support is expected to reduce credit risk and enhance business survival through peer accountability.
Jun 26, 2026 · 6 articles
Business
Impact: FirstBank of Nigeria partnered with Rotary International District 9111 to distribute vocational start-up kits, demonstrating its commitment to supporting MSMEs, financial inclusion, and community development. This initiative enhances its corporate social responsibility profile and potentially expands its customer base among the empowered entrepreneurs.
Jun 30, 2026 · 6 articles
Business
Impact: FirstBank of Nigeria is the organizer and funder of the Spark A Gem Challenge, awarding N10 million in grants and integrating applicants into its FirstGem ecosystem. The initiative reinforces its commitment to women's economic empowerment and financial inclusion, potentially enhancing its brand and customer relationships.
Aug 03, 2026 · 6 articles
Business
FirstBank of Nigeria announced it will host the inaugural public lecture of its Samuel Asabia Professorial Chair in Business Ethics and Governance at the University of Lagos on September 3, 2026. The lecture, themed 'Business…
Impact: FirstBank is the organizer and sponsor of the lecture, reinforcing its commitment to ethical leadership and corporate governance. The event may improve its public image and stakeholder relations.
Aug 19, 2026 · 6 articles
Business
Impact: FirstBank, a subsidiary, restored its capital adequacy ratio to 16.7% ahead of schedule, reflecting effective recapitalization and strengthening its financial position.
Jul 20, 2026 · 6 articles
Business
Femi Otedola, chairman of First HoldCo Plc, has continued to aggressively accumulate shares in the Nigerian banking group, raising his stake to 26.1% as of August 6, 2026. Through his investment vehicle Calvados Global Services…
Impact: As the main subsidiary of First HoldCo, First Bank has been recapitalised and cleaned up under Otedola's leadership. Its improved performance and capital position underpin the group's re-rating.
Jan 10, 2022 · 89 articles
Business
Impact: FirstBank of Nigeria is the flagship banking subsidiary of FirstHoldCo, and its parent company's capital raise will further strengthen its position, already having met the Nigeria — Central Bank of Nigeria's minimum capital requirement.
May 29, 2026 · 6 articles
Tech
The Nigeria — Nigeria Inter-Bank Settlement System (NIBSS) Plc has commenced the rollout of the National Payment Stack (NPS), a sovereign, ISO 20022-compliant digital infrastructure designed to succeed the legacy NIBSS Instant Payment (NIP) system.…
Impact: First Bank leads in total transaction volume on the NPS, demonstrating early adoption and strong customer engagement. This positions the bank favorably in the modernized payment landscape.
Aug 11, 2026 · 7 articles
Domestic
The Nigeria — Economic and Financial Crimes Commission (EFCC) froze an Nigeria — Osun State Government account with FirstBank of Nigeria on August 5, 2026, citing an ongoing investigation into alleged fraudulent handling of N11…
Impact: Bank holding frozen account; named in lawsuit, faced operational and reputational implications.
Aug 05, 2026 · 297 articles
Regulatory
Impact: FirstBank of Nigeria Limited is supporting the investment in the 100MW power plant, which is expected to drive economic transformation in Nigeria — Edo State.
Jul 02, 2026 · 6 articles
Business
Impact: As a participating bank, First Bank provides capital and gains exposure to oil and gas contractor financing, enhancing its lending portfolio.
Jul 02, 2026 · 24 articles
Business
Impact: FirstBank of Nigeria, the main subsidiary, benefits from the group's recapitalisation and improved capital adequacy, supporting its operations and growth.
Jul 30, 2026 · 6 articles
Business
Impact: As the parent entity of FirstHoldCo, FirstBank of Nigeria is a key beneficiary of the group's market valuation surge, reflecting improved financial health and investor confidence in its operations.
Aug 03, 2026 · 7 articles
Regulatory
The Nigeria — Economic and Financial Crimes Commission (EFCC) recovered $60 million from Nestoil and transferred the funds to a consortium of creditor banks as part of an ongoing investigation into alleged criminal aspects of…
Impact: Parent of FBNQuest and First Trustees, First Bank is indirectly affected through its subsidiaries' exposure to Nestoil's debt.
Aug 17, 2026 · 6 articles
Business
Femi Otedola, chairman of First HoldCo Plc, has increased his stake in the banking group to approximately 27.5% after acquiring an additional 147.7 million shares on August 14, 2026, at N140 per share, spending about…
Impact: As the main subsidiary of First HoldCo, the bank's prospects are enhanced by the parent's strong performance and Otedola's confidence.
Aug 06, 2026 · 7 articles
Business
Impact: FirstBank of Nigeria is the current employer of Dr Julius Omodayo-Owotuga, whose appointment to the Nigerian Aviation Handling Company board highlights his growing influence in Nigeria's corporate and financial sectors.
Jul 04, 2026 · 6 articles
Domestic
Nigeria — Osun State Governor Ademola Adeleke, after winning re-election on August 15, 2026, directed the state Attorney-General to withdraw the lawsuit against the Nigeria — Economic and Financial Crimes Commission (EFCC) over the freezing…
Impact: The bank that was directed by the EFCC to place a Post No Debit restriction on Nigeria — Osun State's account. It acted on the commission's instruction and is not a central actor in the dispute.
Aug 16, 2026 · 37 articles
Domestic
Impact: FirstBank of Nigeria is a development partner supporting the YiALTF initiative.
Jun 01, 2026 · 21 articles
Business
Impact: FirstBank of Nigeria is a participating bank, receiving remittance inflows through the partnership.
Jul 09, 2026 · 6 articles
Regulatory
Monteverde & Associates PC, a securities class action firm, has launched and continued investigations into numerous proposed mergers and acquisitions on behalf of shareholders. The firm is examining the terms of transactions involving companies such…
Impact: Acquirer in the PSB Holdings deal; subject to investigation.
Jul 20, 2026 · 20 articles
Business
Impact: FirstBank of Nigeria was one of the five founding institutions of the Association of Corporate Communication and Marketing Professionals in Banks.
Jun 15, 2026 · 9 articles
Accidents
Access Bank Group discovered a fraud incident on August 12, 2026, involving unauthorized transfers totaling N1,340,425,393 from four customer accounts through its Access SME App. The bank filed an ex parte application at the Nigeria…
Impact: As a respondent, FirstBank of Nigeria is subject to the freezing order and must comply with disclosure requirements.
Aug 17, 2026 · 6 articles
Regulatory
Impact: FirstBank of Nigeria is one of the companies in which Chukwunyere Nwabuoku held forfeited stocks.
May 13, 2026 · 10 articles
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Nigeria — Osun State filed lawsuit FirstBank of NigeriaEFCC Freezes Osun Account,...
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Sola Ogungbile alleged arrests FirstBank of NigeriaEFCC Freezes Osun Account,...
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Nigeria — Nigeria Police Force arrested bank staff FirstBank of NigeriaEFCC Freezes Osun Account,...
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Nigeria — Economic and Financial Crimes Commission cited legal provisions FirstBank of NigeriaEFCC Freezes Osun Account,...
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Sola Ogungbile alleged arrests FirstBank of NigeriaEFCC Freezes Osun Account,...
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Nigeria — Economic and Financial Crimes Commission cited legal basis FirstBank of NigeriaEFCC Freezes Osun Account,...
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FirstBank of Nigeria announced lectureFirstBank inaugural ethics...
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