Following the court vacation of the Mareva injunction, First Bank has now said it cannot unfreeze GHL's bank accounts. It ...

A Federal High Court sitting in Ikoyi, Lagos, has reported ordered the final forfeiture of funds totalling N1,168,602,877.44, $392,818.01, and £35,070, recovered from a former employee of First Bank ...

Justice A.O.Owoeye gave the order following a motion on notice for the final forfeiture order, which was supported with an ...

The federal high court in Lagos has ordered the final forfeiture of the sums of N1,168,602,877, £35,070, and $392,818 ...

GHL directors are seeking $1 billion each in damages from First Bank after a court lifted freezing orders on assets.

Given Nigeria's rising inflation and other economic issues, Nigerian banks are starting to significantly raise employee ...

By Geoff Iyatse In the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent ...

GHL says it's going to challenge the authenticity of First Bank's audited account used for its recent rights issue.

First Bank of Nigeria has stated that the injunctive orders granted to it by Justice Deinde Dipeolu of the Federal High Court ...

The court found that First Bank of Nigeria had failed to fully disclose Justice Lewis-Allagoa’s order, which made the injunction incompatible with the earlier ruling. The case stemmed from an ex ...