Adeduntan resumes as FirstBank CEO
First Bank of Nigeria on Friday confirmed that Dr Adesola Adeduntan had resumed as the Chief Executive Officer in line with the directives of the Central Bank of Nigeria (CBN).
CBN queries First Bank over management change without approval
The 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.
Raising stake in SMEs financing, growth in Nigeria
From unemployment reduction to its contribution to government revenue, the benefits of a well-developed Micro, Small and Medium Enterprises (MSME) sector can never be over emphasized. Given their contributions, nations have set out plans to develop the MSMEs sector to achieve economic growth. In high-income countries, MSMEs contribute well over 65 per cent of employment…
‘Financial inclusion key to lifting 100m Nigerians out of poverty’
By adopting financial inclusion strategy to complement the Federal Government’s poverty alleviation goal, no less than 100 million Nigerians can be taken out out of poverty in the next 10 years,
‘Nigeria needs to align fiscal, monetary policies to grow economy’
The Chartered Institute of Bankers of Nigeria (CIBN) has stressed the need for Nigeria to align her fiscal and monetary policies to sustain the economy.
Appeal Court sets aside N17 billion judgement against Awosika, Adeduntan
The Appeal Court, Lagos Division has set aside a Federal High Court judgement, which convicted Chairman of First Bank Nigeria Plc, Ibukun Awosika...
Driving digital transformation through social media
Technology disruption has been infused in every facet of the Nigerian economy. It has become the driving force propelling the future.
FBN emphasises use of AI, offers N5.25m in grant to fintechs
First Bank of Nigeria (FBN) wants financial institutions to optimise technology disruption for accountability, efficiency and drive competitive edge in the market.
First Bank says process digitisation will not lead to job losses
Contrary to speculations, First Bank of Nigeria Limited has said its huge investments, running into millions of dollars in new technologies and digitisation of its processes will not lead job losses as feared.