Firstbankplc

Business

Court Awards Punitive Damages Against First Bank Over ‘Wrongful Blacklisting’

editor - January 30, 2026

The Owerri division of the National Industrial Court, Imo State, has awarded a punitive cost of N50 million, against First Bank Plc, in favour of one of its wrongfully dismissed staff, Collins Godspower, over “wrongful blacklisting” by the Central Bank...

Business

Alleged Forgery: Judge’s Absence Stalls Arraignment Of 2 First Bank Managers

editor - November 6, 2025

The scheduled arrraignment of two senior managers of First Bank of Nigeria, Temitope Ogheneteme and Nnedimma Arah, before a Federal High Court, Lagos, on Monday, could not proceed as fixed due to the absence of the presiding judge. The presiding...

Business

N35bn Fraud: Ex-Banker Forfeits Ikoyi Properties, Funds To FG

editor - April 12, 2025

Evasive Tijani Muiz Adeyinka, When He Was Declared Wanted By The Police A Federal High Court, Lagos, has ordered the final forfeiture of seven high-value properties linked to Muiz Tijani Adeyinka, a former First Bank Plc employee, over alleged...

Business

Subsidy Claims: First Bank Ordered To Refund N1.07bn Erroneously Received

editor - April 9, 2025

A Federal High Court, Lagos, has ordered First Bank Plc, to refund the sum of N1, 071,227,023.00 billion, erroneously received from Debt Management Office (DMO) as subsidy claims, Excess Bank interest and Foreign Exchange Differentials from the Petroleum Support...

Business

Court Finally Forfeits N1,1bn, $392k USD ‘Stolen’ By First Bank Manager To FG

editor - February 4, 2025

Muiz When He Was Declared Wanted By The Police Justice A.O. Owoeye of a Federal High Court, Ikoyi, Lagos, has ordered the final forfeiture of the sums of N1, 168, 602, 877. 44, (One Billion, One Hundred and Sixty Eight...

Business

Otudeko’s Lawyer Appears In Protest Over Alleged N12b Fraud

editor - January 20, 2025

The much anticipated arraignment of Honeywell Group Chairman, Chief Oba Otudeko, and former First Bank Managing Director, Stephen Olabisi Onasanya was stalled today, as their lawyers announced appearance in protest claiming that their clients have not been served with...

Business

First Bank Urges Court To Refuse GHL’s Motion To Lift Freezing Order

editor - January 18, 2025

First bank Plc & GHL's MD, Nduka Obaigbena First Bank of Nigeria Limited has urged a Federal High Court, Lagos to uphold an order freezing the assets and accounts of General Hydrocarbons Limited (GHL) and its related entities, pending...

Business

Oba Otudeko, Ex-First Bank MD Onasanya, To Be Arraigned Over Alleged N12.3bn Fraud

editor - January 16, 2025

Oba Otudeko, & Onasanya A Federal High Court, Lagos, has fixed Monday, January 20, for the arraignment of Oba Otudeko, the Group Chairman of Honeywell Group, and the former Chief Executive Officer/Managing Director of First Bank Plc, Stephen Olabisi...

Business

First Bank Allegedly Loses ₦7bn To Fraud Incident

editor - December 13, 2024

First Bank, Nigeria’s oldest bank, was hit by an alleged massive fraud incident that led to the theft of ₦7 billion from customer accounts by unknown persons, according to one person with direct knowledge of the matter, techCabal.com reports. Three other...

Business

COVID-19: Govt. Seals 1st Bank For Allegedly Violating Safety Measures

editor - May 6, 2020

COVID-19: Govt. Seals 1st Bank For Allegedly Violating Safety Measures Business activities at the Afikpo branch of First Bank of Nigeria PLC, Abakaliki, Ebonyi State, was today, paralysed, following the sealing-off of the bank by the local government COVID-19 Taskforce...

- Advertisement -