Banking&Finance

FirstBank Disburses Over N17billion Through FirstAdvance

FirstBank Disburses Over N17billion Through FirstAdvance

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, recently announced that loans in over the sum of 17 billion naira have been disbursed to individuals, across the country.  The loan disbursement is carried-out through FirstAdvance, its digital lending solution. FirstAdvance is designed to offer a convenient and[Read More…]

by October 6, 2020 0 comments Banking&Finance
Wema Bank Opens New Branch in Lagos

Wema Bank Opens New Branch in Lagos

Wema Bank, one of Nigeria’s foremost bank has recently embarked on a number of schemes aimed at addressing the demands of its different customer base in this peculiar times. The bank recently announced the opening of a new branch in Oregun, Lagos as it continues its strategic expansion to meet the[Read More…]

by October 5, 2020 0 comments Banking&Finance
First Bank CEO Bags Forbes ‘Best of Africa’ Award

First Bank CEO Bags Forbes ‘Best of Africa’ Award

Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced that its Chief Executive Officer, Dr.  Adesola Adeduntan, has been honoured with the Forbes Best of Africa Award. The award presentation was held on Friday, 11 September 2020 at a virtual event by Forbes in conjunction with[Read More…]

by September 18, 2020 0 comments Banking&Finance
FG Orders All Bank, Other Account Holders To Register Their Details Afresh

FG Orders All Bank, Other Account Holders To Register Their Details Afresh

The Federal Government has ordered all account holders in the country’s financial institutions to register their details again. The order was given despite the possession of the Bank Verification Number and the National Identification Number by account holders. This new order was disclosed by the government on its Twitter account,[Read More…]

by September 18, 2020 0 comments Banking&Finance
Banks to phase out old cheque books December 31

Banks to phase out old cheque books December 31

Deposit Money Banks have started to notify their customers that they will phase out old cheque books and will no longer honour such by December 31, 2020. They have also urged customers to request new cheque books. One of the banks, Access Bank, disclosed this to its customers through an[Read More…]

by September 17, 2020 0 comments Banking&Finance