Dossier
FirstBank
Coverage of FirstBank in the Nexus archive.
- PNC posts record quarterly revenue as capital markets fees surge and profit jumps 25%
PNC reported record quarterly revenue driven by an 80% increase in capital markets and advisory revenue compared to the previous year. The FirstBank acquisition contributed to growth in loans and deposits, alongside a 25% jump in profit.
- Nicolais: From FirstBank to new bank, why I could not leave PNC fast enough
FirstBank was sold to PNC earlier this year, leading to a transition that prompted customers to leave. The transition was described as 'awful' and drove customers away.
- FirstHoldCo closes ₦45Bn private placement, further raising FirstBank’s capital base
FirstHoldCo completed a ₦45Bn private placement, increasing FirstBank’s capital base. The company emphasized its commitment to governance, risk management, and strategic priorities.