First Bank – InfoStride News

NiDCOM, FirstBank Collaborate on Housing Initiative for Nigerians in Diaspora

Temitope Nlewemchi — Wed, 24 Dec 2025 15:04:56 +0000

The Nigerians in Diaspora Commission (NiDCOM) has entered into a strategic partnership with FirstBank of Nigeria to provide accessible and reliable housing solutions for Nigerians living abroad. The initiative is aimed at addressing the growing concerns of diaspora citizens over fraudulent property transactions and the difficulty of owning homes back in Nigeria. The agreement, recently [...]

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FirstBank Integrates PAPSS to Strengthen Cross-Border Payments Platform

Temitope Nlewemchi — Sat, 25 Oct 2025 20:00:25 +0000

First Bank of Nigeria Limited has announced the successful integration of the Pan-African Payment and Settlement System (PAPSS) into its cross-border payments platform, marking a significant leap toward enhancing seamless trade and financial transactions across African countries. The initiative aligns with the bank’s commitment to fostering regional financial inclusion and strengthening the framework for intra-African [...]

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FirstBank Flags Digital Fraud as Primary Threat to Nigeria’s Financial Inclusion Push

Temitope Nlewemchi — Wed, 10 Sep 2025 12:40:45 +0000

At a stakeholders’ forum in Lagos, First Bank of Nigeria (FirstBank) has sounded the alarm over a growing risk: digital fraud. The bank warned that while expanding digital financial services is crucial for advancing financial inclusion, escalating fraud is fast emerging as the biggest threat to progress. FirstBank, the longest-serving bank in West Africa, emphasized [...]

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First Bank Retains ESG Award Title at Euromoney Awards

Temitope Nlewemchi — Sun, 03 Aug 2025 13:41:27 +0000

First Bank of Nigeria has successfully retained its Environmental, Social, and Governance (ESG) leadership title at the prestigious 2025 Euromoney Awards, marking consecutive years of recognition for its commitment to sustainable banking practices and social responsibility. The award, announced at a high-profile ceremony in June, reaffirms First Bank’s position as a dominant player in ESG [...]

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First Bank Appoints New CEO Amid Major Fraud Scandal

Temitope Nlewemchi — Sun, 02 Jun 2024 21:37:53 +0000

Nigeria’s oldest financial institution, First Bank, recently appointed a risk expert as Chief Executive Officer, highlighting its increased focus on controls. This comes after a staff member reportedly embezzled a staggering forty-four billion Naira over a two-year period. The immediate past Chief Executive Officer, Adesola Adeduntan, suddenly resigned in April with a brief letter sent [...]

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FirstBank Goes Green: Partnering for Climate Action

Temitope Nlewemchi — Tue, 28 May 2024 20:40:02 +0000

First Bank of Nigeria Limited, in collaboration with Proparco, a Development Finance Institution, is undertaking significant steps to integrate climate initiatives into its business operations and strategy. This move is part of an effort to position the bank as an African Climate Bank and contribute to reducing Greenhouse Gas (GHG) emissions. The 130-year-old financial institution [...]

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First Bank Set to Reward Customers with N36 Million

Temitope Nlewemchi — Wed, 14 Feb 2024 22:03:59 +0000

First Bank has announced plans to reward customers with a total of N36 million as part of its customer appreciation initiative. This move aims to recognize and appreciate the loyalty of First Bank customers. As Infostride News closely monitors these developments, comprehensive coverage will be provided, including insights into the specific details of the customer [...]

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First Bank to only pay PTA, BTA into customers’ Travel Card

Temitope Nlewemchi — Mon, 12 Sep 2022 13:46:52 +0000

First Bank of Nigeria has informed its customers that the Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) will now be transferred to the FirstBank Travel Card. This was disclosed in an email seen by Nairametrics titled “Updates on FX Purchase”.  The bank further indicated that PTA/BTA sales are limited to two quarters per [...]

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If anything happens to First bank, there is something wrong with Nigerian banking system – Emefiele

Temitope Nlewemchi — Tue, 23 Nov 2021 21:59:56 +0000

The Central Bank of Nigeria (CBN) said that First Bank is a very significant part of the Nigerian banking system, and it is happy that investors are showing interest in First Bank’s shares. This was made known by the CBN Governor, Godwin Emefiele at the Monetary Policy Committee meeting held today, November 23rd, 2021. The [...]

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Trade volumes increases for FBN Holdings shares

Temitope Nlewemchi — Mon, 25 Oct 2021 20:35:22 +0000

Nigeria’s tier 1 bank, FBN Holdings recorded huge trade volumes in the early hours of trade on Monday, October 25th, 2021. Going by the Report on the stock market trade engines monitored online, about 285,328,138 units crossed, driving up the shares to as high as N12.9 per share at the earlier part of the trading [...]

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First Bank pledges N5 million support to Lagos Rotary Club

Temitope Nlewemchi — Mon, 05 Jul 2021 19:28:46 +0000

First Bank of Nigeria Ltd has pledged to support the Rotary Club of Lagos intervention projects with the sum of five million naira. The Chief Executive Officer of the bank, Dr. Adesola Adeduntan, made the pledge at the induction of the 61st President of the club, Rotarian Babawale Agbeyangi, on Friday night in Lagos. Adeduntan, [...]

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First Bank of Nigeria Disclaimes It’s Association With Azimo Limited

Adebimpe A. — Tue, 15 Dec 2020 18:30:02 +0000

The First Bank of Nigeria released a disclaimer stating that the bank is not on the list of the receiving or paying banks on Azimo.com. Azimo.com which is an online financial platform used for the transfer of funds is owned by Azimo Limited which offers a global online money transfer service. First Bank of Nigeria [...]

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