First Bank appoints new MD/CEO as Adeduntan Retires

Arakunle Kayode   The board of directors of First Bank of Nigeria has approved the appointment of Gbenga Shobo as the new Managing Director/Chief Executive Officer (CEO), effective from Wednesday. Prior to his promotion, Shobo was the bank’s Deputy Director and he succeeds with Adesola Adeduntan who will be leaving the bank in compliance with […]

E-bills payment swells by 8.57% in February despite dip in volume

Zainab Iwayemi   Data obtained from the Nigeria Interbank Settlement System has shown that there was an 8.57 per cent increase in the e-bills payment from N155.53 billion in January to N168.86 billion in February 2021. Meanwhile, the volume of transactions carried out on the electronic bill payment platform fell month-on-month, by 8.86 per cent […]