Prior to joining Globus Bank, Dayo worked in Ecobank Nigeria Limited (2008), First Bank Plc (2006), HLB Z.O. First Bank of Nigeria Limited website provides you with access to resources that are rich in content concerning the Bank and its services. You understand and agree that the Service is provided “AS-IS” and that First Bank of Nigeria Limited assumes no responsibility for the timeliness, deletion, or failure to store any user communications. The information we collect may include but not limited to identity information, location, contact information and education level. The certifications confirm the Bank’s ability to safeguard its assets, staff well-being and customers’ investments, and favourably respond to incidents and business disruption to ensure business continuity at all times. Enterprise Bancorp, Inc. is the holding company of Enterprise Bank and Trust Company, Enterprise Bank and Trust Company is commonly referred to as Enterprise Bank. Through a balanced approach to plan execution, FirstBank has consolidated its industry leadership by maintaining trans-generational appeal. With its head office originally in Liverpool, the Bank commenced business on a modest scale in Lagos, Nigeria under the name, Bank of British West Africa (BBWA). 3. By this certification, FirstBank distinguished itself as the first organisation in Nigeria to achieve the ISO 27001, which is an affirmation that the Bank has adopted and complied with the highest known standards in information security globally. (1 registered, 1 total trademarks) The founder, Alfred Lewis Jones, was a shipping magnate who originally had a monopoly on importing silver currency into West Africa through his Elder Dempster shipping company. These are major feats in the Bank’s customer-oriented and innovative financial services that confirm the Bank’s interest in promoting its customers’ lifestyles and businesses. We are committed to being transparent about how we collect, process, share and manage data about you (our customers and staff). Many Colorado Springs-area banks offering relief to COVID-19 affected customers. He retired on 31 December 2015 and Adesola Adeduntan took over as Managing Director/Chief Executive Officer, First Bank of Nigeria Ltd and Subsidiaries effective 1 January 2016, with Gbenga Shobo as Deputy Managing Director. He began his career at Niger Insurance Plc in 1999 before moving to City Express Bank Ltd, Lagos the same year where he held the position of Senior Supervisor. The raised foot of the elephant is a promise that we will always put our best foot forward for each and every one of our customers. By playing key roles in the Federal Government’s privatisation and commercialisation scheme over the past years, FirstBank has led the financing of private investment in infrastructure development in the Nigerian economy. By then, the bank had re-organized and had more Nigerian directors than ever. Name of parent/ Guardian of child under 18: FirstBank Privacy Policy for Curious Learning. FirstBank has a The FirstBank Group employs over 16,000 staff and is proudly a multiple Best Place to Work awardee. The G. D. Paton Report which emanated from the enquiry was the basis for the first Banking Ordinance of 1952. Established in 1894, FirstBank became a public company in 1970 and joined the Nigerian Stock Exchange in 1971. 2013 – Completed the acquisition of ICB asset in Guinea, Gambia, Sierra Leone and Ghana as part of an ongoing Pan African expansion program. 1912 – Calabar branch, the second branch in Nigeria, was opened by King Jaja of Opobo; Zaria branch was also opened as the first branch in northern Nigeria. The entity from which the bank was founded City Securities Limited, was established in 1977 by Oloye Subomi Balogun, the Otunba Tunwashe of Ijebu, a Yoruba traditional aristocrat. 2014 – Initiated, at 120 years, the launch of a new corporate identity. It evolves the FirstBank trademark Blue to reflect a richer and more premium equity and combines with new complimentary colour partners. The Bank’s alumni are highly sought after in both the public and private sectors. [3] Belo Osagie ruins any company he touches. Also, for the sixth consecutive time, FirstBank won the Best Retail Bank by The Asian Banker International Excellence in Retail Financial Services Awards, the most recognised international Awards programme in the Retail Financial Services Industry. There will be a scheduled upgrade on this platform between 1:30am & 4:00am on Tuesday, 14 November 2018. 2004 – Launched a new brand identity which introduced substantial changes in the look and feel of the FirstBank brand. These diverse operations in the financial services industry, with widespread service outlets, ensure the foothold of FirstBank as a foremost financial services provider in Nigeria, contributing enormously to the growth and development of the national economy and delighting its stakeholders. This creates a different value proposition to that critical segment of the business community where pillars of economic growth are nurtured. Hence, we have evolved over 120 years by respecting and upholding the shared heritage relevant not only to today’s modern Nigerians but also today’s modern world. The Bank supports acquisition of stakes in Oil Mining Leases (OMLs), financing development of oilfields, financing cash calls for both operating and capital expenditures through Strategic Alliance Contracts. [8] The bank originally served British shipping and trading agencies in Nigeria. FirstBank commenced business in 1894 in what was then the British colony of Nigeria, as the Bank of British West Africa. Our brand interacts with our stakeholders and demonstrates an understanding of their busy modern lives or businesses, to support their aspirations. FirstBank continues to replenish its workforce, especially at strategically important levels of responsibility. However, it was re-ignited with a number of enhancements that communicate a robust evolution relevant to today’s marketplace. Changes in the name of the Bank also occurred in 1979 and 1991 to First Bank of Nigeria Limited and First Bank of Nigeria Plc, respectively. Our brand is at the heart of the holistic experience we seek to deliver to our stakeholders perpetually, which is essential to retaining patronage and the competitive edge that keeps us at the coveted position of the market leader. At FirstBank, we recognise the immutable merits of maintaining a “brand-first” mindset and culture, as a critical component of our business strategy. As a market leader in the financial services sector, FirstBank pioneered initiatives in international money transfer and electronic banking in the country, serving more than 14 million customer accounts. In 1957, the Bank changed its name from Bank of British West Africa (BBWA) to Bank of West Africa (BWA). For more details, please read our Privacy and Cookie Policies. First Bank of Nigeria, a Nigerian bank with branches in Ghana, South Africa, Guinea, Gambia, Sierra Leone, DRC, UAE, United States, UK, France, China etc. ALhaji Suleiman Adegunwa, owner Ess-ay Holdings and Bigi sausage roll, Chairman of Sterling Bank, and other companies TUFace Idibia one of the Nigerian richest Artist Re: Who Is Who In Nigeria: The Full List Of The Top 50 Richest Nigerian Billionaires by slkphil : 10:54pm On May 03 , 2013 It had assets totaling ₦3.9 trillion ($12.2B according to 2017 exchange rates), as of December 2015. Leveraging experience spanning over a century of dependable services, FirstBank has continued to build relationships and alliances with key sectors of the economy that have served as strategic building blocks for the wellbeing, growth and development of the country. Jaiz Bank PLC is a national bank and a quoted public company owned by over 26,000 shareholders spread over the six geo-political zones of Nigeria.The Bank’s balance sheet has grown from N12 billion in 2012 to about N62 billion, with asset financing of over N30 billion. Furthermore, the Bank will persist in generating insightful initiatives to impact citizen-oriented national development through the FirstBank Impact Series and other development programmes. It converted to a public company in 1970 and was listed on The Nigerian Stock Exchange (NSE) in 1971. Bharti Airtel ltd., incorporated on July 7, 1995, for promoting investment in telecommunication services.Bharti Airtel, by and large, a flagship company and subsidiary of Bharti Enterprises.For the most part, founded by Sunil Bharti Mittal.The company was the first in India to launch push-button telephones, while rest of the country was still using rotary phones. THE FINANCIAL SUPERMARKET: DELIGHTFUL RETURNS AND SUPERIOR VALUE, Why it's time for investors to go on defense, Premarket: 7 things to know before the bell, Barnes & Noble stock soars 20% as it explores a sale, There for you, and committed to you, our customers and stakeholders, A financial solutions group that listens, understands and connects with you as people, A financial solutions group that will deliver the relevant experiences that exceed your expectations, A financial solutions group that has the products and services that meet the diverse needs of modern Sub Saharan Africa, A financial solutions group that you can trust and rely upon, A financial solutions group that is there as a constant financial partner throughout our customers’ lives. 2007 – Introduced Finnone credit administration software as the first bank in Africa to pioneer the service. Insurance – Insurance-related subsidiaries: FBNInsurance, FBN General Insurance and FBN Insurance Brokers. It is the essential combination of the logo, the images, the fonts, the pattern, the icons, the colours, the symbols, the identity and the words. In 2005 it acquired FBN (Merchant Bankers) Ltd. Paribas and MBC International Bank Ltd, a group of Nigerian investors, had founded MBC in 1982 as a merchant bank, and it became a commercial bank in 2002. Central banks are illegally created PRIVATE banks that are owned by the Rothschild banking family. United States Dollar to Nigeria Naira", "Nigeria: First Bank Expands, Acquires Congolese Bank", Acquisition of ICB Takes First Bank to Four Countries FBN Bank Acquires ICB Assets In Four West African Countries, "FBNHoldings renames its merchant banking and asset management businesses - Businessamlive", "Ibukun Awosika becomes the first female chairperson of First Bank of Nigeria - Ventures Africa", "FirstBank CEO, Adeduntan joins global influencers and experts at the 2018 Financial Times Nigeria Summit and Cambridge Business in Africa Conference", "Francis Olugbenga Shobo, Deputy Managing Director, First Bank Nigeria Limited | PageOne.ng", "FirstBank appoints Abdullahi Ibrahim as Executive Director", "Oni joins FirstBank Board, Odubola retires - Vanguard News", https://en.wikipedia.org/w/index.php?title=First_Bank_of_Nigeria&oldid=996850437, Companies listed on the Nigerian Stock Exchange, Articles with dead external links from December 2019, Articles with permanently dead external links, Articles needing additional references from September 2016, All articles needing additional references, Articles containing potentially dated statements from December 2019, All articles containing potentially dated statements, Articles needing additional references from February 2019, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, FBN Bank (DRC) Formerly Banque International de Credit (BIC) –. In the course of consuming the services provided to you by IBM through FirstBank, we collect information you provide us via online registration forms and correspondence by mail etc. The Bank’s support for infrastructure development spans the entire country, having participated in various syndication transactions and direct funding of over N100 billion for redevelopment and tolling of roads, airport terminals, ultra-modern markets, site and services schemes, construction and maintenance of engineering infrastructure under PPP arrangements, New Town Developments, and Shopping Malls with Shoprite and Game as Anchor tenants. In 1966, following its merger with Standard Bank, UK, the Bank adopted the name Standard Bank of West Africa Limited and in 1969 it was incorporated locally as the Standard Bank of Nigeria Limited in line with the Companies Decree of 1968. The bank was founded in 1894 and is Nigeria’s oldest bank. In 1993, the Federal Government of Nigeria completely divested its ownership in the bank. The Bank has introduced customer-friendly and need-focused product schemes, partnered with international organisations and collaborated with Federal, State governments and the CBN, to support the sector. The Bank also has a network of representative office in Beijing set up to capture trade-related businesses. We champion our brand to constantly strive to find a better way of driving our business forward, driven by our philosophy and people – our customers, our stakeholders, our employees. This is especially evident in its laudable leadership transition processes, ensuring that there is seamless business continuity and stability in all aspects of the Bank’s businesses. It operates along four key Strategic Business Units (SBUs) – Retail Banking, Corporate Banking, Commercial Banking and Public Sector Banking. Kindly visit playstore to download the app to start learning. This strategy supports the Bank’s vision of being the leading sub-Saharan African financial services group. Ososanya & Co. (1998), and International Breweries (1993). The bank changed its name to Union Bank of Nigeria Plc, to reflect its new ownership structure. Our brand language is the visual and narrative look and feel of our brand. Also, in 2013, FirstBank was awarded the “Best Bank in Nigeria” in the Euromoney Awards for Excellence, “Best Bank in West Africa” in the African Banker Awards, and Best Foreign Exchange Services in Africa in the EMEA Finance Treasury Services Awards. 2011 – Launched the first biometric ATM and cash deposit ATM in Nigeria. These recent acquisitions are major landmarks in FirstBank’s plan for growing its sub-Saharan African footprint. 1894 – Incorporated and headquartered in Marina, Lagos, Nigeria, West Africa's commercial nerve centre. Originally a corporate bank, the organization acquired personal and business banking platforms from Nigeria’s International Commercial bank in 2012. We sincerely apologise for any inconvenience this may cause as we strive to serve you better. At First Bank Nigeria Limited, we put you first and are thus committed to protecting and respecting you privacy. In June 2009, Stephen Olabisi Onasanya was appointed Group Managing Director/Chief Executive Officer, replacing Sanusi Lamido Sanusi, who had been appointed Governor of the Central Bank of Nigeria. The business group offers life and general insurance services as well as insurance brokerage services. Our new refreshed corporate identity retains the elephant and re-ignites this iconic symbol with a number of enhancements that accentuate a robust evolution relevant for today. Up Until 2017, Belo-Osagie was the chairman of Etisalat's Nigerian arm, in which he controlled a significant stake. We don’t ask for your personal information unless we need it to provide services for you. 2012 – Became a subsidiary group of FBN Holdings Plc. FirstBank had 1.3 million shareholders globally, was quoted on The Nigerian Stock Exchange (NSE), where it was one of the most capitalised companies and also had an unlisted Global Depository Receipt (GDR) programme, all of which were transferred to its Holding Company, FBN Holdings, in December 2012. On 1 April 2019, Diamond Bank was fully merged with Access Bank to build a new entity while retaining the name of Access Bank with a logo that took the form of Diamond Bank. As the name suggests, First Bank of Nigeria was established in the early part of the 20th century, thus making it the oldest financial institution in the country. 1947 – FirstBank advanced the first long-term loan to the then colonial government, followed in 1955 by a partnership with the government to expand the railway lines. This is normal when the security: Has been acquired or taken private. Since launching in 1894, FirstBank has established itself as a brand of strength and dynamism, with the vision to be the leading international banking group in Sub Saharan Africa. By continuing to browse this site, you give consent for cookies to be used. This is arguably as a result of the Bank’s proactive and far-reaching transformation programme initiated ahead of the turn of the present century. This subsisting feat received additional impetus when the Bank in 2011 was bestowed with the “Best Financial Reporting Company” award by Africa Investor, one of Africa’s most respected multimedia investment news and information publishers. Copyright © 2018. In the same period, FirstBank was named the “Most Innovative Bank in Africa” by African Banker Awards. In 1991 the Bank changed its name to First Bank of Nigeria Plc following listing on The Nigerian Stock Exchange. FirstBank boasts of a rich pool of resourceful industry experts who contribute significantly to national development through ongoing secondment to different tiers of governments and institutions across the country. In 2012, the FirstBank Group adopted a holding company structure – FBN Holdings Plc – in recognition of the need to retain the diversity of the Bank’s businesses, to enable the provision of a full range of financial services needs to customers beyond commercial banking, to investment banking, insurance and other financial services. He also has a range of other business interests in Nigeria. The Bank was first listed on The Nigerian Stock Exchange (NSE) in March 1971 and won the NSE’s Annual President’s Merit Award for the best financial report in the banking industry a record thirteen times. Central Bank of Nigeria; Headquarters: Abuja, FCT, Nigeria: Established: 1958: Ownership: 100% owned by Nigerian Federal government: Governor: Godwin Emefiele: Central bank of: Nigeria: Currency: Nigerian naira NGN 566 Reserves: 28 280 million USD: Website: www.cbn.gov.ng 1994 – Launched first university endowment programme in Nigeria. Thank you for your understanding. Has merged with another entity. Kingsley Aigbokhaevbo Executive Director. The initiative provides engaging platforms for evolving strategic outlook to problem-solving, especially from the capacity building and leadership perspectives. FirstBank was named “The Best Bank Brand in Nigeria” for five years in a row – from 2011 to 2015. The Bank has been the back-to-back winner of the “Best Bank in Nigeria” awarded by the EMEA Finance magazine for four (4) consecutive years. At First Bank Nigeria Limited, we put you first and are thus committed to protecting and respecting you privacy. About Thank you for visiting my profile. Winning these awards is a further affirmation of our brand promise – that we will continue to put our stakeholders and partners at the heart of our business. Some other recent awards received by the Bank are “Best Banking Brand Nigeria, 2019” by Global Brands Magazine; “Best Mobile Banking App – Nigeria, 2019” by Global Business Outlook and “Best Financial Inclusion Program – Nigeria, 2019 by International Investor. For eight consecutive years (2011 - 2018) FirstBank received the Best Retail Bank in Nigeria award by The Asian Banker. The award, therefore, represents a global recognition of the giant strides the Bank has made over the years in deploying technology to power its operations and services, and ultimately making banking services more convenient, accessible and faster. FirstBank also operates First Pension Custodian Nigeria Limited, Nigeria’s foremost pensions custodian. Africa and changed its name and has a range of other business interests in ”... 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