First Bank Stock News

First Bank head office By KEN EMORDI Facility to strengthen FirstBank’s commitment to gender financing with US$30 million targeted to women-owned and led businesses Partnership will enhance funding to local SMEs to boost growth and promote financial and social inclusion across Nigeria The facility adds US$100 million to CDC/BII’s contribution to the 2XChallenge First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its partnership with CDC Group, the UK Government’s development finance institution on a US$100 million finance facility to FirstBank. This new facility will direct funding to women-owned and led businesses as well as to local small and medium-sized enterprises (SMEs) in Nigeria. The deal will support FirstBank to deliver financial solutions that help to address the challenge of limited access to capital faced by underbanked and underserved groups in the country. As part of the new facility, a minimum of US$30 million will be allocated in the form of credit lines to women entrepreneurs.

Hours after the Zenith Bank, UBA, First Bank, Union Bank as well as a police division in Uromi, Edo State were attacked, the residents are still in fear and unable to go about their businesses. Uromi, the administrative headquarter of Esan North-East Local Government Area of the state and nerve centre of Edo Central Senatorial […]

There have been four bank robbery attacks in Uromi, Esan Northeast Local Government Area of Edo state, Nigeria. Following the report, the robbery happened on Thursday evening 24th February, 2022. The following are the affected banks; Zenith Bank, First Bank, Unity Bank, and United Bank of Africa (UBA). According to eyewitnesses, the gunmen arrived in […] The post Bank Robbery: Two Police Officers And Five Others Shot Dead In Edo appeared first on The News Chronicle .

No less than seven persons including two policemen have been killed in a coordinated robbery attack on commercial banks in Uromi, Esan North-West local government area of Edo State. Armed Robbers Attack Banks In Uromi It was gathered that the gunmen who come in their numbers on Thursday afternoon, February 24, attacked First Bank, UBA, […]

No fewer than five persons, including policemen, were reportedly killed during the armed robbers that attacked four commercial banks in the Uromi area of Edo State, leaving many bank customers injured. It learnt that the robbers on Thursday attacked Zenith, First Bank, UBA and Union Bank in the area, leading to confusion among residents and bank customers in the area. According to a video sent to Newsflash Nigeria, gunshots boomed in the area as residents and passersby scampered to safety. It is not clear yet the extent of damage done by the armed robbers to the banks. The Edo State Police Command spokesman, Kontongs Bello, confirmed the robbery attacks but did not give details. The suspected armed robbers were also said to have carted away unspecified huge sums of money from the affected banks. A resident of the sprawling community, the hometown of a late Peoples Democratic Party chieftain, Tony Anenih, said that the attacks on the banks were too coordinated. The source, who pleaded anonymity, described the attacks as “too coordinated in commando style and armed robbers launched the attacks simultaneously.

Pandemonium erupted in the Uromi area of Edo State, as some yet-to-be-identified armed robbers attack a branch of First Bank, Zenith Bank, and one other. In the course of the attack, the robbers reportedly carted away huge sums of money, as they forced the banks’ officials to open their vaults. Confirming the incident, Edo Police spokesman, Bello Kontongs , a Superintendent of Police (SP), was quoted as saying “it is true.” More details later… OnePipe Launches Writing Challenge for Nigerian Journalists, See How To Participate Continue reading BREAKING: Pandemonium As Armed Robbers Attack First Bank, Others at BizWatchNigeria.Ng.

Hero Electric said it has joined hands with IDFC FIRST Bank for vehicle finance.

The 9 lakh shares have been valued at the closing price on Monday.

*Facility to strengthen First Banks commitment to gender financing with US$30 million targeted to women-owned and led businesses. *Partnership will enhance funding to local SMEs to boost growth and promote

Earlier too, IDFC FIRST Bank MD and CEO V Vaidyanathan had gifted shares in his personal capacity to some individuals unrelated to him.

IDFC First Bank CEO V Vaidyanathan is known for his philanthropic gestures, and has gifted roughly 38 per cent of his stake in the bank since 2018.

The chief executive officer (CEO) of IDFC First Bank gifted $530,000 worth of shares he owns to his driver, trainer, and helpers at home and office in an unusual gesture of philanthropy. V Vaidyanathan gave 900,000 shares or 3.7% of his holding in the private sector lender.

India Business News: The chief executive officer (CEO) of IDFC First Bank gifted $530,000 worth of shares he owns to his driver, trainer, and helpers at home and office in

21 February, 2022: At todays closing price of Rs 43.9 per share on NSE, the value of 900,000 shares gifted is a little over Rs

IDFC First Bank Managing Director and Chief Executive Officer V Vaidyanathan has gifted nine lakh shares to five persons including his driver and support staff.