The Lagos State Police Command has begun an investigation into the delivery of a suspicious parcel containing live ammunition to the home of the Managing Director of First Bank of Nigeria, Oluwasegun Alebiosu. According to the Lagos…
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The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has assured that Nigerian banks are safe and healthy, with none shutting down because of recapitalisation, as speculated on social media. The…
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The Federal High Court in Lagos has fixed Monday, January 20, 2025, for the Economic and Financial Crimes Commission (EFCC) to arraign the Chairman of Honeywell Group, Chief Oba Otudeko and a former First Bank Managing Director, Stephen…
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A Federal High Court in Port Harcourt, Rivers State, has ordered an immediate seizure of an oil vessel belonging to General Hydrocarbons Limited, a company owned by the Chairman and Editor-in-Chief of the ThisDay Media Group and Arise…
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First Bank of Nigeria (FBN) PLC, has laid off about 100 senior staff members in a major organisational shakeup. According to a report by Nairametrics on Monday, sources familiar with the matter said the bank’s top executives were asked…
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Folake Ani-Mumuney was asked to resign as First Bank’s global head of marketing and corporate communications by Femi Otedola, the chairman of the holding company, insiders have told TheCable. A top employee of the bank informed TheCable…
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FBN Holdings Plc has confirmed the appointment of Mr Olusegun Alebiosu as substantive Managing Director/Chief Executive Officer of First Bank of Nigeria Ltd (FirstBank), one of its flagship subsidiaries. Mr Adewale Arogundade, Acting…
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FBN Holdings Plc has announced the exit of Mr Tunde Hassan-Odukale as Chairman of its subsidiary, First Bank of Nigeria Ltd., following the completion of his tenure. Consequently, the Board of First Bank appointed Mr Ebenezer Olufowose,…
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Whiteplains British School (WBS), has commended the Federal Government for ordering investigation into allegations of forgery and criminal breach of trust by First Bank, for forging a tripartite legal mortgage agreement. The school…
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The Federal Government has filed charges against First Bank of Nigeria Limited, its managing director and three others over allegations bordering on forgery. The charge sheet, marked CR/266/2023 before the High Court of the Federal…
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