LATEST NEWS

FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has declared a profit before tax (PBT) of N6.52 billion for the year ended 31st December 2020. This represents a 57.3 percent increase from the figure recorded in the previous year, as reported by the Chairman of the Board of Directors, Mallam Bello Maccido, at the 6th Annual General Meeting which held on the 23rd of April 2021 in Lagos.

A total volume of 3,464,811,083 transactions valued at N356.47trn was recorded in Q4 2020 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed.

Businesses in Nigeria have been advised to embed technology across their internal and external core operational and ancillary systems. The Chief Executive Officer of First Bank of Nigeria (FBN), Dr. Adesola Adeduntan disclosed this as the keynote speaker at the recent Nigeria-British Chamber of Commerce webinar that discussed "Technology and Innovation; Creating Boundless Opportunities".