Banking (Page 13)

    By Lydia Ngwakwe Four Directors of First Nominees, a Subsidiary of FirstBank Nigeria Ltd., have been inducted into the Institute of Directors (IoD), alongside 96 others. Seven others were also upgraded into different cadre. The four Directors were inducted into the institute on Thursday night, at Oriental Hotel,Continue Reading

  By Lydia Ngwakwe The Nigeria Deposit Insurance Corporation (NDIC) has urged regulators in the banking industry to draw supervisory lessons from the failure of Silicon Valley Bank and Credit Suisse by ensuring proper risk management. Mr Mustapha Ibrahim, the Executive Director (Operations), NDIC, gave the advice at the CharteredContinue Reading

By Lydia Ngwakwe   Nigeria’s Parallex Bank Ltd. has received $10 million trade finance facility from the African Export-Import Bank (Afreximbank) for Small and Medium-sized Enterprises (SMEs). Dr Femi Bakre, the Managing Director/Chief Executive Officer of Parallex Bank, said this in a statement on Wednesday in Lagos. Bakre said theContinue Reading

  By Lydia Ngwakwe Mr Andrew Alli, a banker and an investor, has stressed the need for corporate executives to encourage girls and women to embrace opportunities in the Science, Technology, Engineering and Mathematics (STEM) education. Alli gave the advice at the FirstBank Women Network International Women’s Day event withContinue Reading

By Rukayat Adeyemi Mrs Folashade Femi-Lawal, Head, Card and Messaging business, First Bank of Nigeria Plc, has called on female accountants to focus on being relevant in the digital world. Femi-Lawal said this on Tuesday in a presentation at a webinar organised by the Society of Women Accountants of NigeriaContinue Reading

By Lydia Ngwakwe FirstBank of Nigeria Ltd., has appointed Mr Oluseyi Oyefeso as Executive Director, Retail Banking  in charged of the South. In a statement on Monday in Lagos, the bank said his appointment, which took effect on March 2, 2023, was subject to the Central Bank of Nigeria (CBN)Continue Reading

  By Lydia Ngwakwe First Bank of Nigeria Ltd. says it plans to dedicate the month of March to celebrating women across the world. Mrs Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications of the bank, said this in a statement on Thursday in Lagos. According to her, the celebrationContinue Reading