Bank of Ghana suspends FX trading Licences of two Nigerian Lenders The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN). The suspension takes effect from March 18, 2024, and it will...

Otedola Emerges as First Bank Holdings Chairman Billionaire businessman, Femi Otedola, has emerged as the new chairman of First Bank Holdings to succeed Ahmad Abdullahi. In a corporate notice filed with the Nigerian Exchange Limited on Wednesday, the financial institution said Otedola was appointed at the...

First in New Year, Capital Market Records N638bn Loss The market capitalisation of the Nigerian Exchange Limited depreciated for the first time in the New Year. At the close of trading on Wednesday, the eight-day rally in the market was halted as the market cap dipped...

Customers Reject Deposit Conditions As Banks Dispense Old Notes More Commercial Banks have begun to dispense old N1,000 and N500 notes to their customers, about three days after a few banks started doing so. Findings revealed that Polaris Bank and First Bank had started to pay...

First Bank Launches Single Digit Loan For Women Owned Businesses In furtherance of its role in promoting female entrepreneurship across the Country, Nigeria’s premier banking institution and leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the launch of the FirstGem fund...

First Bank Disburses N17bn Loans Via e-platform     First Bank of Nigeria Limited has said it disbursed over N17bn loans to individuals across the country through digital solutions. The bank said this in a statement on Wednesday entitled ‘First Bank reinforces its financial inclusion drive; disburses over...