*Highly Reputed As Architect Of The Modern Firstbank Mr. Bisi Onasanya is set to retire at a high point of his career as Group Managing Director/Chief Executive Officer, First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and Nigeria’s most valuable banking brand, at the successful completion of his tenure. His retirement takes […]
As part of its intervention programme and in sync with its engagement strategy for brand building and media empowerment, First Bank of Nigeria Limited has sponsored 10 journalists for a weeklong training in London, United Kingdom. The training programme which started three years ago with 15 journalists selected across media houses and writing beats to […]
In furtherance of its expansion plan in African countries, Leading Cement manufacturers, Dangote Cement Plc will next week Thursday commission its 2.5million mtpa cement plant in Ethiopia as the company inches towards the mark of 40million mtpa total production capacity globally before the end of 2015 Located in Mugher District, the Prime Minister of the Federal Democratic […]
Nigeria’s largest cement producer, Dangote Cement has announced a gross profit of N74.7 billion for the three months ended 31st March 2015, indicating an increase of 10.5 percent over N67.63 billion recorded in the same period in 2014. According to the cement giant’s unaudited results for first quarter of 2015, revenues rose by 10.8 to […]
Washington, DC – African businessman and philanthropist, Tony O. Elumelu has proposed a new entrepreneur-led development model for Africa at two high profile events in Washington DC. Mr. Elumelu, who is Chairman of United Bank for Africa, and Founder, the Tony Elumelu Foundation, spoke at a White House event hosted by United States President Barack Obama on May 11 to celebrate emerging entrepreneurs around the globe. The event was […]
First Bank of Nigeria Limited, Nigeria’s most valuable bank brand has thrown its weight behind the development of talent across the entire value chain in the entertainment industry at the 3rd edition of the Nigerian Entertainment Conference. This sponsorship is in line with the Banks initiatives to drive perception change, grow brand affinity among the […]
…Sponsors 2nd Workshop for Women-led SMEs in Lagos FirstBank Sustainability Centre has reinforced its commitment to promoting empowerment, entrepreneurship and financial inclusion amongst women through its sponsorship of a workshop for Women owners of SMEs in Nigeria. The event, which is the second in the series of workshop for women led SMEs is part of […]
The management of the leading Pan African Cement Manufacturer, the Dangote Cement Plc has assured the government of Cameroon that it would help shore up local production of the vital product following the ban on importation of cement into Cameroon. The assurance came in the wake of the formal launching of the Company’s high grade […]
A Federal High Court sitting in Lagos has restrained Multi Choice Nigeria Limited, operators of the Digital Satellite Television, popularly known as DStv, from implementing its new rates and increase in tariffs payable by its subscribers across board. The restraining order was given by Justice C.J. Aneke sequel to a suit filed by two Lagos-based […]
As Nigerian stocks and bonds surged after Muhammadu Buhari won last weekend’s presidential election, one asset barely budged: the naira. The Nigerian currency has traded in a range of 198 to 200 per dollar since March 3, and remained anchored even as stocks jumped the most in five years and bond yields plunged to four-month lows. The […]
Africa’s leading indigenous conglomerate, Dangote Industries Limited has announced a multi-million dollar Joint Venture agreement with Saipem, the Italian engineering and construction giants. The agreement has given birth to a new company named Saipem-Dangote E&C. According to a statement from Dangote Group, the company, Saipem-Dangote E&C is a significant new player in the Nigerian and […]
*Sets N9,900 As Introductory Fare As part of its ongoing domestic route network expansion plans, Dana Air will on Tuesday, 24th March, commence daily flights to Owerri. The addition of Owerri brings the current route network coverage of the airline to five destinations – Lagos, Abuja, Port Harcourt, Uyo and Owerri. Announcing the scheduled commencement […]
FBN Holdings Plc has announced the appointment of Mr. Omatseyin Akene Ayida and Mrs. Bosede Adebola Osibogun as Non-Executive Directors on its board. The directors bring to bear several years of experience spanning the banking and financial services industry and their appointments are in tandem with FBNHoldings’ strategic focus to become the foremost financial services […]
As part of strategies aimed at consolidating on its successes, the management of the leading cement manufacturing company, Dangote Cement has announced the appointment of new Managing Director for the Company, Onne Van der Weijde. In his role, he will report to the Chairman of the Board of Directors of Dangote Cement. A statement from the Company said the appointment is […]
Ayodele Afolabi, Abuja – For exceeding the rice import quotas allocated to it and in the process owing the Federal Government N15 Billion, the House of Representatives on Thursday ordered an investigation of the Stallion Group and other companies granted rice import waivers under the new federal government’s rice policy. The resolution of the House […]
The present business climate in Nigeria has been described as the best time, to support the SMEs, as the survival of the economy depends largely on retail businesses. The Managing Director, Heritage Bank, Mr. Ifie Sekibo said this during the launch of new SME Finance Package – Paris Klub SME (PKS) Scheme. While speaking on […]
The management of Dangote Group has said that its focus now is to develop its multi-billion dollars new businesses to appreciable level this year to meet its completion timelines. The group is putting in place infrastructures for business projects such as Refinery, gas, fertilizer and rice production. Speaking at the weekend on the International Business […]
By Eric Ojo – As Nigeria grapples with the fears and pains of the current decline in the price of crude oil at the global market, the Taiwanese government has pledged to promote increased bilateral economic, trade and investment relationship between Nigeria and Taiwan. The Taiwanese government said the decline in the price of […]
For the fourth consecutive year, First Bank of Nigeria has been ranked number one banking brand in Nigeria by The Banker magazine of Financial Times and Brand Finance, London, United Kingdom in their annual 2015 The Top 500 Banking Brands. According to a press release by the Country Representative of The Banker magazine – Nigeria, […]
First Bank of Nigeria Limited, a subsidiary of FBN Holdings PLC and Nigeria’s most valuable bank brand today unveils FBNBank DR Congo, formerly registered as Banque Internationale de Credit (BIC). In 2011, FirstBank acquired 75% equity interest in BIC and immediately reinforced it as one of the strongest banking institutions in the DRC. Following the […]
