First bank

First Bank targets 20m customers, 30m accounts as retail remains major focus

Nigeria’s Tier-One lender, First Bank of Nigeria Limited, says it has its eyes set on growing its customer base to…

Nigeria’s investment banking market expands as Nova Merchant Bank debuts

Nigeria’s investment banking landscape expanded Thursday with the official launch of Nova Merchant Bank in Lagos. The opening of the bank thus…

Union Bank seeks to raise N50bn as rights issue opens

Nigerian lender, Union Bank, opened a rights issue to its shareholders Wednesday, which it said would enable it raise N50…

Whyte Cleon says staff recall from First Bank followed global outsourcing best practice

Whyte Cleon Limited (WCL), the company that outsourced staff to First Bank Limited, has said the withdrawal of some of…

Bankers’ Committee says Nigeria’s economic indices point to earlier-than-expected recovery from recession

The Nigerian Bankers’ Committee, comprising financial services operators and the sector regulator, the Central Bank of Nigeria (CBN), Thursday said…

FBN Holdings sees progressive improvement in non-performing loans, posts N35.6bn H1 profit

A strategic curbing of non-performing loans by FBN Holdings is progressively helping its banking arm to reduce its NPL levels…

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