First Bank of Nigeria Limited said it has successfully redeemed its $350 million Eurobond, reaffirming its liquidity and financial stability. The parent company, First HoldCo Plc, disclosed this in a statement on Wednesday, October 29. It noted that the Eurobond, issued in October 2020, matured on October 27, 2025. It also noted that the Eurobond …
First Bank of Nigeria Limited has confirmed a service disruption affecting its key digital banking channels, making it unable for customers to access the platforms and complete transactions. The oldest Nigerian bank disclosed this in a circular on Thursday, September 4. It said the downtime is currently affecting transactions carried out on its FirstMobile, FirstOnline, …
By Esther Ososanya When Forbes released its 2025 roster of the world’s Black billionaires, Nigeria once again led Africa, but the story went deeper than the familiar names. Behind the expected heavyweight figures were several surprising entrants from tech, biotech, and hospitality whose rise defied predictions and broadened the narrative of Black wealth. Here are …
