Friday , 20 January 2017

Tag Archives: first bank

Ex-Petroleum Minister, Diezani Forfeits $153.3m To FG


The Federal High Court sitting in Lagos on Friday ordered the forfeiture of $153.3 million allegedly embezzled by the embattled former Petroleum Minister, Diezani Alison-Madueke, to the Federal Government. The seized money, according to the Economic and Financial Crimes Commission was stolen from the Nigerian National Petroleum Corporation and stashed in …

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Banks Defend Aregbesola’s Spending Of Bailout Fund


Recipient banks of the bailout fund given to Osun State government yesterday said the fund was strictly used to pay salary arrears, allowances and pensions, in line with the Central Bank of Nigeria’s (CBN’s) guidelines. Representatives of First Bank of Nigeria (FBN), Wema Bank and Zenith Bank, spoke during a …

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How A N100,000 Credit Alert Landed Undergraduate In Police Trouble


A 26-year-old undergraduate, Sunday Akande, has petitioned the Inspector General of Police, Ibrahim Idris, for his alleged unlawful detention over an offence he claimed he is innocent of. Akande, in a letter through his lawyer F. E. Ojeikere, copied the Commissioner of Police, Anambra State, citing a breached of fundamental human rights, …

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Three Banks Indicted In The Alleged N11.23bn Fraud Discovered At NPA


The new management of the Nigerian Ports Authority has uncovered fraud totaling N11.23 billion at the agency, officials familiar with the matter have said.. The officials said the Managing Director, Hadiza Bala Usman, and her executive directors have since their assumption of duties on July 18 been poring through the …

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First Bank To Cut Jobs As Profit Falls By 82%


FBN Holdings Plc, the parent company of First bank Limited said it would cut jobs and focus less on providing loans to the oil industry, following last year’s 82 percent slump in profit. Managing Director/Chief Executive, Mr. Adesola Adeduntan, FirstBank Limited disclosed this in an interview with Reuters. The bank …

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I Bought Armoured Cars Worth 255 Million Naira Because My Life Was In Danger, Says Aviation Minister


After an initial denial by the General Manager, Corporate Communications of the Federal Airport Authority of Nigeria, FAAN, Mr. Yakubu Datti that the Nigerian Civil Aviation Authority, NCAA, purchased two armoured BMW cars worth N255 million for the Minister of Aviation, Princess Stella Oduah, her spokesman has come out to …

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How Gunmen Attacked First Generation Bank, Police Station – Taraba Govt


The attack on a bank and police station in Karim Town of Karim Lamido Local Government Area of Taraba on Friday night has been confirmed by the Taraba State Government. According to Kefas Sule, the spokesperson of the state acting governor, Alhaji Garba Umar on Sunday, about 10 gunmen, who arrived the town …

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Kings College Wins the Maiden Edition of City of Lagos Monopoly Tournament

Dignitaries at the City of Lagos Monopoly Tournament.

Habib Rabiu of King’s College emerged winner of the 1st annual City of Lagos monopoly tournament held on Friday at the Terra Kulture, Victoria Island, Lagos. The Managing Director of Stanbic IBTC Plc Sola David Borha presented Habib with a sum of N1 million for emerging winner of the maiden …

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Daura Attack: Suspected Boko Haram Gunmen Cart Away Over N200 Million From Banks


Indications have emerged that over N200 million was carted away by suspected Boko Haram insurgents numbering over 200 who invaded Daura, Katsina State, between Thursday night and the wee hours of Friday during which four banks namely First bank, Access bank, Keystone bank and Unity bank were attacked. The Brigade …

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Police Boss Announces Death Of Notorious Explosives Robbery Suspect


The Police in Lagos on Thursday announced the death of a suspected armed robber, who was versed in the use of explosives, simply known as “Chimaobi”. The arrest of the suspect (names withheld) followed the Murtala Muhammed Airport, Ikeja, robbery of March 13, where seven suspected armed robbers were arrested and five AK …

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Stop Banks from Charging N100 Monthly ATM Charges Now – Reps Tell Sanusi


The House of Representatives has urged the Governor of Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, to stop Nigerian banks from introducing N100 monthly maintenance fee in the country’s banking sector. This was sequel to a motion moved by Honourable Alliu Kazeem entitled, “urgent need to stop Nigerian Banks …

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First Bank To Charge Customers N100 Monthly For ATM Use


Customers of First Bank who use the Automated Teller Machines for cash withdrawals are to pay N100 monthly, with effect from this month, according to a notice. The notice for the new charge entitled, ‘Card Maintenance Fee,’ was displayed on some ATM machines in the Federal Capital Territory, News Agency …

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Eight Nigerian Banks Among World First 1000


According to a list compiled by The Banker Magazine, a publication of the Financial Times of London, eight (8) Nigerian banks have ranked among the top 1000 banks in the world. The Nigerian banks are Zenith Bank, First Bank, GTbank, Access Bank, United Bank for Africa, Fidelity bank, First City …

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From Naijaweb An employee can develop a career along two broad career path options in the bank- Strategic Business Units [SBUs] and Strategic Resource Functions [SRFs] based on demonstrated skills and competencies. Strategic Business units consist of core banking functions such as Marketing/Relationship Management, Credit Risk Management, Treasury & Funds …

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