Tag: First Bank

Otedola Defends ₦748bn Write-Off as First Bank Records 92% Profit Drop

Otedola Defends ₦748bn Write-Off as First Bank Records 92% Profit Drop

Gloria Francis- February 2, 2026

The profit of Nigeria’s oldest financial institutions, First Bank of Nigeria Holdings Plc (First HoldCo), has declined by 92 per cent following a one-off provision ... Read More

Court Jails First Bank Customer Who Spent Mistaken ₦1.5bn Credit

Court Jails First Bank Customer Who Spent Mistaken ₦1.5bn Credit

Gloria Francis- January 24, 2026

A Nigerian man has triggered intense public debate after reportedly choosing a one-year prison term rather than refunding hundreds of millions of naira wrongly credited ... Read More